NOT LISTED FOR SALE

Wilmington, NC 28409

Estimated Value: $1,350,000 - $2,625,021

1.99 Acres
$1,027,642 Price per Acre
86,684 Sq Ft Lot

Last Sold January 30, 2015

Last sale price $220,000

Est. 830% increase in value since last sale

Current estimated payment $11,520/month

1,356 Days on Market

Highlights

  • 90 Feet of Waterfront
  • 1.99 Acre Lot
  • No HOA
  • Heyward C. Bellamy Elementary School Rated A-

About This Lot

As of January 2015

This 1.99 acre tract is at the end of a private road fronting the Intracoastal Waterway! Small neighborhood is serene, quiet and very private. Build your dream home today. 30' Easement for access to property across rear of lot #2 bordering road. Lot size starts with water frontage. Sign at beginning of easement. With the proper permits, pier could be built to the deep water of the Intracoastal Waterway!

Last Agent to Sell the Property

Dolly Armstrong

Intracoastal Realty Corp License #33411 Listed on: 03/31/2011

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,130

Lot Details

  • 1.99 Acre Lot
  • Lot Dimensions are 90x948x103x873
  • 90 Feet of Waterfront
  • Property fronts a private road
  • Property is zoned R-15

Property Views

  • Water Views

Schools

  • Bellamy Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 313316.92.2565.000

Property Details

Property Type

Land

Est. Annual Taxes

$8,130

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Private
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 90.00

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Utilities: No Sewer, No Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1937.00
  • Lot Dimensions: 90x948x103x873
  • Lot Sq Ft: 86684.00
  • Zoning: R-15
  • Acres: 1.99
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 125577.89

Tax Info

  • Tax Identifier: 313316.92.2565.000

MLS Schools

  • Elementary School: Bellamy
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2011
Closed on
Jan 29, 2015
Sold by
Reeves Constance Padgett and Reeves Robertt Scott
Bought by
Donat Peter W and Donat Lily
Seller's Agent
Dolly Armstrong
Intracoastal Realty Corp
List Price
$498,900
Sold Price
$220,000
Premium/Discount to List
-$278,900
-55.9%
Current Estimated Value
$2,045,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,825,007
Avg. Annual Appreciation
23.24%

Purchase Details

Closed on
Oct 18, 2010
Sold by
Reeves Constance Padgett and Braswell Dianne Padgett
Bought by
Reeves Constance Padgett
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
Donat Peter W $220,000 None Available
Reeves Constance Padgett -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $220,000 -55.9% --
12/16/2014 12/16/14 Pending -- -- --
03/31/2011 03/31/11 For Sale $498,900 -- --
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 $8,130 $1,541,800 $734,100 $807,700
2022 $7,778 $1,461,700 $734,100 $727,600
2021 $8,015 $1,461,700 $734,100 $727,600
2020 $5,860 $926,500 $286,500 $640,000
2019 $5,860 $883,700 $286,500 $597,200
2018 $5,589 $883,700 $286,500 $597,200
2017 $1,855 $286,500 $286,500 $0
2016 $1,985 $286,500 $286,500 $0
2015 $1,845 $286,500 $286,500 $0
2014 $1,814 $286,500 $286,500 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dolly Armstrong

    Intracoastal Realty Corp

    (910) 256-4503

    1 in this area

    30 Total Sales

    Dolly Armstrong
    Section Image
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Source: Hive MLS

MLS Number: 30461627

Hive MLS

APN: R07900-005-025-000

North Carolina New Hanover County Wilmington

28409

This home since 31 March 2011 and is currently estimated at $2,045,007. This home is a home located in New Hanover County with nearby schools including Heyward C. Bellamy Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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