NOT LISTED FOR SALE

9552 Fallen Pear Ln NE Leland, NC 28451

Estimated Value: $134,000 - $134,817

0.33 Acre
$407,300 Price per Acre
14,375 Sq Ft Lot

Last Sold October 25, 2023

Last sale price $136,000

Est. 1% decrease in value since last sale

Current estimated payment $846/month

27 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Clubhouse
  • Boat Dock
  • Gated Community
  • Community Pool

About This Lot

As of October 2023

Beautiful .33 acre homesite in the gated community of The Bluffs on the Cape Fear. This lot is walking distance to the pool, clubhouse, playground and the under construction 11,000 sq. ft. Wellness Center. The Bluffs is a waterfront community with a boat ramp that gives you access to the Cape Fear River. The community is situated along the natural high bluffs along the Cape Fear River with a two-acre Riverfront Park to enjoy. 50-Slip Marina with scenic Boardwalk (11 boatslips are currently in) - Boat & Kayak Launch - Lakefront Clubhouse with Resort-Style Jr. Olympic Pool, Tennis/Pickleball courts, Golf Cart friendly neighborhood, Boat & RV storage, Fully stocked Lake. Owners and their guest also have access to a private Beach Club on Oak Island. Also planned coming soon is a Community Garden, Dog Park and more fun amenities near the Boat ramp that include an enclosed Pavilion, Cornhole, Bocce Court, Horseshoes and more. This community is located close to I-140 which gives you easy access to Raleigh or south to Myrtle Beach. Enjoy the privacy of this beautiful close knit community while you are only 15 minutes away from Historic downtown Wilmington.

Last Agent to Sell the Property

Cindy Clayter

Intracoastal Realty Corporation License #188903 Listed on: 09/19/2023

Intracoastal Realty Corporation

Last Buyer's Agent

Susan Knox

Sold Buy the Sea Realty License #287129

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $240

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 91 x 173 x 90 x 164
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned R75

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Lincoln Elementary School
  • Leland Middle School
  • North Brunswick High School

Additional Features

  • Accessible Ramps
  • Co-Op Water

Listing and Financial Details

  • Tax Lot 188
  • Assessor Parcel Number 006na004

Community Details

Overview

  • Watermark Management Association, Phone Number (910) 691-2904
  • The Bluffs On The Cape Fear Subdivision
  • Maintained Community
  • Planned Unit Development

Amenities

  • Picnic Area
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Park
  • Trails
  • Water Access

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$240

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • 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: 91

Utilities

  • Fuel Tank: None
  • Utilities: County Sewer, County Water, Natural Gas Available

Association/Amenities

  • HOA and Neighborhood Amenities: Basketball, Clubhouse, Dock, Gated Community, Maint - Comm Areas, Mgmt Fee, Park, Picnic Grounds, Playground, Pool, Ramp, Security, Sewer, Storage, Storage Lot, Street Lights, Tax Comm Areas, Tennis, Trails, Water
  • HOAAssociationFee1Year: 1000.00
  • HOAAssociationName: Watermark Management
  • HOAAssociationPhone: 9106912904

Lot Info

  • Deed Page: 298.00
  • Lot Description: Development, Partially Cleared, PUD
  • Lot Dimensions: 91 X 173 X 90 X 164
  • Lot Number: 188
  • Lot Sq Ft: 14375.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 36
  • Plat Page: 171
  • Zoning: R75
  • Acres: 0.33
  • Current Use: Development, Single Family
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 442424.24
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level
  • Lot Number2: 188

Tax Info

  • Tax Identifier: 006na004
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 240.45

MLS Schools

  • Elementary School: Lincoln
  • High School: North Brunswick
  • Middle School: Leland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Patterson Otis Reams
Bought by
Patterson Otis Reams
Current Estimated Value
$134,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,854,256
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$4,720,230

Purchase Details

Closed on
Apr 11, 2023
Sold by
Compton James E and Compton Rebecca H
Bought by
Witmer James V and Witmer Amy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,854,256
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$4,720,230

Purchase Details

Closed on
Apr 10, 2023
Sold by
Exner Justin James and Exner Dawn Marie
Bought by
Gilbreath Teresa M G and Gilbreath Robert Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,854,256
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$4,720,230

Purchase Details

Closed on
Apr 6, 2023
Sold by
Riptide Builders Llc
Bought by
Borum James N and Borum Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,854,256
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$4,720,230

Purchase Details

Closed on
Apr 4, 2023
Sold by
Home Place Of Wilmington Llc
Bought by
Mattel Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,854,256
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
-$4,720,230

Purchase Details

Closed on
Jun 26, 2014
Sold by
Gaskill Jeffrey P and Gaskill Jennifer R
Bought by
South Brunswick Rentals Inc

Purchase Details

Closed on
Jun 5, 2008
Sold by
River Bluff Holdings Ii Llc
Bought by
Gaskill Jeffrey P and Hollis Bryan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,263
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Patterson Otis Reams -- None Listed On Document
Witmer James V $80,000 None Listed On Document
Carter Alyssa M $335,000 None Listed On Document
Gilbreath Teresa M G $61,000 None Listed On Document
Borum James N $500,000 None Listed On Document
Mattel Revocable Trust $160,000 None Listed On Document
Mattel Revocable Trust $160,000 None Listed On Document
South Brunswick Rentals Inc -- None Available
Gaskill Jeffrey P $103,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattel Revocable Trust $5,000,000
Closed Mattel Revocable Trust $5,000,000
Closed Pennington Meredithe Floyd $423,410
Closed Reynolds Connor Michael $299,720
Previous Owner Lovett Patrick $440,545
Previous Owner Gaskill Jeffrey P $92,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $136,000 -6.8% --
10/16/2023 10/16/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $146,000 -- --
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
2025 -- $611,360 $110,000 $501,360
2024 $387 $110,000 $110,000 $0
2023 $240 $110,000 $110,000 $0
2022 $240 $47,000 $47,000 $0
2021 $240 $47,000 $47,000 $0
2020 $240 $47,000 $47,000 $0
2019 $240 $47,000 $47,000 $0
2018 $119 $22,000 $22,000 $0
2017 $119 $22,000 $22,000 $0
2016 $107 $22,000 $22,000 $0
2015 $107 $22,000 $22,000 $0
2014 $266 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100405622

Hive MLS

APN: 006NA004