$400,000
SOLD DEC 1, 2023
2.23 Acres
$179,372 Price per Acre
97,139 Sq Ft Lot

Recently Sold

6% Below List Price

169 Days on Market

Highlights

  • 142 Feet of Waterfront
  • Marina
  • Pier
  • Heyward C. Bellamy Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Lot

As of December 2023

Now is your chance to own this very unique slice of paradise! This waterfront lot, located at the corner of the Cape Fear River and Snows Cut has sunset, water and ship views that you will surely admire. And if that's not enough, this waterfront property comes with a 30', deep water boat slip located just down the trail. The boat dock of the Saponas Pointe Waterfront Association offers a gazebo for fishing and relaxing, as well as a beach/sand area for enjoying a picnic or working on that tan! As you know, waterfront lots that include slips do not come around often, so schedule your showing today!

Last Agent to Sell the Property

Kevin Mckoy

Network Real Estate License #186237 Listed on: 05/23/2023

Last Buyer's Agent

Kevin Mckoy

Network Real Estate License #186237 Listed on: 05/23/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $829

Lot Details

  • 2.23 Acre Lot
  • Lot Dimensions are 945x131x861x142
  • Property fronts a marsh
  • 142 Feet of Waterfront
  • River Front
  • Cleared Lot
  • Property is zoned R-15

HOA Fees

  • $35 Monthly HOA Fees

Schools

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

Additional Features

  • River Views
  • In Flood Plain

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number R08700-001-006-000

Community Details

Overview

  • Saponas Pointe Waterfront Association
  • Saponas Pointe Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Pier
  • Access to marsh
  • Deep Water Access
  • Bulkhead
  • Boat Slip

Security

  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$829

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Marsh Front, River Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 131
  • Water Frontage: 142.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Aqua Sewer
  • Service Providers Water Provider: Aqua North Carolina
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA and Neighborhood Amenities: Boat Dock, Boat Slip - Assign, Management, Marina, Taxes
  • HOAAssociationFee1Year: 420.00
  • HOAAssociationName: Saponas Pointe Waterfront Association

Lot Info

  • Deed Page: 2327.00
  • Lot Dimensions: 945x131x861x142
  • Lot Number: 13
  • Lot Sq Ft: 97052.00
  • Lot Water Features: Boat Dock, Boat Slip, Bulkhead, Pier, Salt Marsh, Water Access Comm, Water Depth 4+, Waterfront Comm
  • Plat Book: 6109
  • Plat Page: 2327
  • Zoning: R-15
  • Acres: 2.23
  • Current Use: Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 190582.96
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Flood Plain
  • Lot Number2: 13
  • Lot View Type: Marsh View, River View, Water View

Tax Info

  • Tax Identifier: R08700-001-006-000
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 828.70
  • Total Real Estate Property Taxes: 828.70
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Invest Fgm Llc
Bought by
Invest Fgm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,500
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2023
Closed on
Nov 29, 2023
Sold by
Cb Nc Holdings Llc
Bought by
Invest Fgm Llc
Seller's Agent
Kevin Mckoy
Network Real Estate
Buyer's Agent
Kevin Mckoy
Network Real Estate
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.51%
Original Mortgage
$649,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Wilkins James J and Wilkins Lisa M
Bought by
Cb Nc Holdings Llc

Purchase Details

Closed on
Mar 15, 2012
Sold by
Coleman Cheryll Grant
Bought by
Wilkins James J and Wilkins Lisa M

Purchase Details

Closed on
Jun 26, 2003
Sold by
Mozingo Todd A Theresea L
Bought by
Coleman Cheryll Grant

Purchase Details

Closed on
Aug 12, 2002
Sold by
Saponos Point Investments Llc
Bought by
Mozingo Todd A Theresea L

Purchase Details

Closed on
Jun 13, 1996
Sold by
Sneeden J Earl Investment Co
Bought by
Saponos Point Investments 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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $405,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $70,000 None Available
Deed $105,000 --
Deed $95,000 --
Deed -- --
Deed $600,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $985,125 Construction
Closed $826,500 New Conventional
Previous Owner $649,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Price Changed $1,350,000 -6.9% $519 / Sq Ft
12/21/2024 12/21/24 Price Changed $1,450,000 +4.3% $558 / Sq Ft
12/01/2024 12/01/24 Price Changed $1,390,000 -4.1% $535 / Sq Ft
10/30/2024 10/30/24 For Sale $1,450,000 +262.5% $558 / Sq Ft
12/01/2023 12/01/23 Sold $400,000 -5.9% --
11/08/2023 11/08/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $425,000 0.0% --
08/25/2023 08/25/23 Price Changed $425,000 +4.9% --
06/08/2023 06/08/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $405,000 -- --
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
2024 $821 $157,100 $157,100 $0
2023 $821 $157,100 $157,100 $0
2022 $829 $157,100 $157,100 $0
2021 $860 $157,100 $157,100 $0
2020 $1,961 $310,000 $310,000 $0
2019 $1,961 $310,000 $310,000 $0
2018 $1,961 $310,000 $310,000 $0
2017 $2,007 $310,000 $310,000 $0
2016 $2,148 $310,000 $310,000 $0
2015 $1,996 $310,000 $310,000 $0
2014 $1,962 $310,000 $310,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100385928

Hive MLS

APN: R08700-001-006-000