NOT LISTED FOR SALE

909 Salt Spray Ln Wilmington, NC 28409

Estimated Value: $664,000 - $882,000

0.31 Acre
$2,497,119 Price per Acre
13,504 Sq Ft Lot

Last Sold September 22, 2016

Last sale price $62,000

Est. 1,149% increase in value since last sale

Current estimated payment $4,377/month

241 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Water Access
  • Edwin A. Anderson Elementary School Rated A-
  • Boat Dock
  • Wooded Lot

About This Lot

As of September 2016

Oversized .31 acre homesite to build in the waterfront community of The Landing at Snows Cut. Gorgeous, wooded neighborhood has pier and gazebo for enjoying the coastal breezes, sunsets or casting your fishing line on the Intracoastal Waterway. Neighborhood is convenient to Pleasure Island beaches, shopping and restaurants. Boatslips on the ICWW are available to complete a boater's dream. LOW HOA fees, only $25.00/mth!

Last Agent to Sell the Property

Barbara Bass

Coldwell Banker Sea Coast Advantage-CB License #218146 Listed on: 12/28/2015

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Barbara Bass

Coldwell Banker Sea Coast Advantage-CB License #218146 Listed on: 12/28/2015

Coldwell Banker Sea Coast Advantage-CB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,736

Lot Details

  • 0.31 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned R-15

HOA Fees

  • $25 Monthly HOA Fees

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Additional Features

  • Water Views
  • Accessible Ramps
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number R08518-008-046-000

Community Details

Overview

  • The Landing At Snow HOA, Phone Number (910) 368-7199
  • The Landing At Snows Cut Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront Community
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,736

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 68

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Community System
  • Service Providers Water Provider: City/Town
  • Utilities: Community Sewer, Community Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Not Assign, Dock, Maint - Comm Areas, Maint - Roads, Ramp, See Remarks
  • Annual HOA: 300.00
  • HOA Company: The Landing at Snow
  • HOA Phone: (910) 368-7199

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5858
  • Deed Page: 2524.00
  • Lot Dimensions: Irregular
  • Lot Number: 18
  • Lot Sq Ft: 13504.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Page: 00
  • Zoning: R-15
  • Acres: 0.31
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 209677.42
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 18

Tax Info

  • Tax Identifier: R08518-008-046-000
  • Tax Year: 2015

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2015
Closed on
Sep 16, 2016
Sold by
Ginsberg Robert J and Ginsberg Patricia B
Bought by
Flournoy Laird and Flournoy Brenda
Seller's Agent
Barbara Bass
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Barbara Bass
Coldwell Banker Sea Coast Advantage-CB
List Price
$65,000
Sold Price
$62,000
Premium/Discount to List
-$3,000
-4.62%
Current Estimated Value
$774,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,107
Avg. Annual Appreciation
33.60%

Purchase Details

Closed on
May 16, 2012
Sold by
American Equity Funding Inc
Bought by
Eas Sensorsense Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 4, 2011
Sold by
Sea Breeze Land Development L L C
Bought by
First Troy Spe Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flournoy Laird $62,000 None Available
Eas Sensorsense Inc -- None Available
First Troy Spe Llc $2,215,122 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flournoy Laird $271,400
Previous Owner American Equity Funding Inc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Sold $62,000 -4.6% --
08/25/2016 08/25/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $65,000 +62.5% --
12/22/2014 12/22/14 Sold $40,000 -20.0% --
12/15/2014 12/15/14 Pending -- -- --
10/04/2014 10/04/14 For Sale $50,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,736 $513,900 $117,100 $396,800
2022 $1,308 $239,100 $117,100 $122,000
2021 $2,665 $485,300 $117,100 $368,200
2020 $2,561 $404,900 $101,000 $303,900
2019 $1,047 $101,000 $101,000 $0
2018 $639 $101,000 $101,000 $0
2017 $654 $101,000 $101,000 $0
2016 $665 $96,000 $96,000 $0
2015 $619 $96,000 $96,000 $0
2014 -- $114,800 $114,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30531621

Hive MLS

APN: R08518-008-046-000