NOT LISTED FOR SALE

Estimated Value: $1,515,000 - $2,086,000

0.83 Acre
$2,306,823 Price per Acre
36,155 Sq Ft Lot

Last Sold March 07, 2018

Last sale price $308,500

Est. 521% increase in value since last sale

Current estimated payment $11,556/month

266 Days on Market

Highlights

  • Gated Community
  • Security Service
  • Level Lot
  • Wrightsville Beach Elementary School Rated A-

About This Lot

As of March 2018

Presented for sale is a large building lot in Landfall located on the Ocean Nine of the Nicklaus golf course, the most scenic nine of both the Dye and Nicklaus courses. This .8 acre lot is within walking distance to the Nicklaus Clubhouse where the hub of Landfall's restaurants and bars are located. Landfall represents one of the best values for lots and higher end new construction in Wilmington. Landfall is a fully gated community located close to the premiere beach in Southeastern North Carolina at Wrightsville Beach and premiere shopping and restaurants in Mayfaire, Lumina Station and the Forum.

Last Agent to Sell the Property

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 03/28/2017

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Gary Nichols

Nichols Realty License #262373

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,307

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 152x241x152x239
  • Property fronts a private road
  • Level Lot
  • Property is zoned R-20

HOA Fees

  • $244 Monthly HOA Fees

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Laney High School

Listing and Financial Details

  • Assessor Parcel Number R05111-015-004-000

Community Details

Overview

  • Landfall Coa, Phone Number (910) 256-7651
  • Landfall Subdivision

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,307

Lot Details

0

HOA Fees

$244 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: No
  • Total Road Frontage: 152

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated Community, Mgmt Fee, Security, Street Lights, Tax Comm Areas
  • Annual HOA: 2932.50
  • HOA Company: Landfall COA
  • HOA Phone: 910-256-7651

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 6025
  • Deed Page: 1620.00
  • Lot Dimensions: 152x241x152x239
  • Lot Sq Ft: 36111.00
  • Zoning: R-20
  • Acres: 0.83
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 391566.27
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level

Tax Info

  • Tax Identifier: R05111-015-004-000
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 1009.77
  • Total Real Estate Property Taxes: 2306.86
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Mar 1, 2018
Sold by
Woolf Andrew and Woolf Michelle
Bought by
Tantillo Augustine D and Tantillo Lisa S
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Gary Nichols
Nichols Realty
List Price
$350,000
Sold Price
$308,500
Premium/Discount to List
-$41,500
-11.86%
Current Estimated Value
$1,914,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,606,163
Avg. Annual Appreciation
25.04%

Purchase Details

Listed on
Jun 21, 2016
Closed on
Dec 19, 2016
Sold by
Hess Barbara and Forrest Robert J
Bought by
Woolf Andrew and Woolf Michelle
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$359,000
Sold Price
$347,500
Premium/Discount to List
-$11,500
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.37%

Purchase Details

Closed on
May 25, 2004
Sold by
Willett Roy B Leslie V
Bought by
Hess Barbara

Purchase Details

Closed on
May 30, 2003
Sold by
Landfall Associates
Bought by
Willett Roy B Leslie

Purchase Details

Closed on
Dec 1, 1986
Sold by
Yow Cicero P
Bought by
Landfall Associates
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tantillo Augustine D $309,000 None Available
Woolf Andrew $347,500 None Available
Hess Barbara $155,000 --
Willett Roy B Leslie $119,000 --
Landfall Associates $9,584,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tantillo Augustine D $780,000
Previous Owner Hess Barbara A $101,000
Previous Owner Hess Barbara $102,329
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $308,500 -11.9% --
12/19/2017 12/19/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $350,000 +0.7% --
12/19/2016 12/19/16 Sold $347,500 -3.2% --
11/19/2016 11/19/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $359,000 -- --
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 $10,799 $1,116,100 $380,600 $735,500
2022 $9,487 $1,116,100 $380,600 $735,500
2021 $9,552 $1,116,100 $380,600 $735,500
2020 $13,061 $1,239,900 $327,800 $912,100
2019 $8,333 $327,800 $327,800 $0
2018 $3,453 $327,800 $327,800 $0
2017 $3,453 $327,800 $327,800 $0
2016 $2,307 $208,200 $208,200 $0
2015 $2,205 $208,200 $208,200 $0
2014 $2,111 $208,200 $208,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100054986

Hive MLS

APN: R05111-015-004-000