NOT LISTED FOR SALE

Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $1,521,410 - $2,038,000

0.69 Acres
$2,551,599 Price per Acre
30,215 Sq Ft Lot

Sale Details

Date Sold: June 8, 2012

Last sale price $215,000

Est. 719% increase in value since last sale

Current estimated payment $10,290 / mo

254 Days on Market

Highlights

  • 159 Feet of Waterfront
  • Lake View
  • Community Playground
  • Wrightsville Beach Elementary School Rated A
  • Community Pool
  • Security Service

About This Lot

As of June 2012

Beautiful Lakefront lot on a well established Landfall street. Over 2/3 acre overlooks scenic Landfall Lake with stunning water views.

Last Agent to Sell the Property

Martie Davy

Landfall Realty, LLC License #187571 Listed on: 06/15/2011

Last Buyer's Agent

Karen Thompson

Landfall Realty, LLC License #183989

Property Details

Property Type

  • Land

Lot Details

  • 30,215 Sq Ft Lot
  • Lot Dimensions are 118x250x159x233
  • 159 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property is zoned R-20

HOA Fees

  • $152 Monthly HOA Fees

Property Views

  • Lake Views

Schools

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

Community Details

Overview

  • Master Insurance
  • Landfall Subdivision
  • Maintained Community

Recreation

  • Community Playground
  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Lot Details

0.69 Acres

HOA Fees

$152 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 362318.84
  • Lot View Type: Lake View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Water Frontage: 159.00
  • Road Frontage Type: Lake Front

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Maint - Roads, Management, Master Insure, Playground, Pool, Security, Taxes
  • H O A Association Fee1 Year: 1826.52
  • H O A H O A1 Mgmt Company: Landfall COA

Schools

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

Lot Info

  • Deed Page: 565.00
  • Lot Dimensions: 118x250x159x233
  • Lot Sq Ft: 30215.00
  • Zoning: R-20
  • Acres: 0.69
  • Flood Zone: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Glaeser Alfred Lawrence and Glaeser Irene Vaishvila
Bought by
Glaeser Alfred Lawrence and Glaeser Irene Vaishvila
Current Estimated Value
$1,760,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$449,719
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$1,310,884

Purchase Details

Closed on
Apr 5, 2021
Sold by
Glaeser Alfred Lawrence and Glaeser Irene Vaishvila
Bought by
Glaeser Alfred L and Glaeser Irene V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$449,719
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$1,310,884

Purchase Details

Closed on
Dec 23, 2019
Sold by
Glaeser Alfred Lawrence and Glaeser Irene Vaishvila
Bought by
Glaeser Alfred Lawrence and Glaeser Irene Vaishvila

Purchase Details

Listed on
Jun 15, 2011
Closed on
May 31, 2012
Sold by
Smith Daniel E and Smith Denise B
Bought by
Glaseser Alfred L and Glaseser Irene V
Seller's Agent
Martie Davy
Landfall Realty, LLC
Buyer's Agent
Karen Thompson
Landfall Realty, LLC
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%
Original Mortgage
$140,000
Interest Rate
3.86%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 24, 2011
Sold by
Scharf Matthew and Scharf Louise K
Bought by
Smith Daniel E

Purchase Details

Closed on
Oct 1, 2001
Sold by
Landfall Associates
Bought by
Scharf Matthew Louise K

Purchase Details

Closed on
Jul 1, 1987
Bought by
Landfall Associates
Source: Public Records
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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
Glaeser Alfred Lawrence -- None Available
Glaeser Alfred Lawrence -- None Listed On Document
Glaeser Alfred L -- Accommodation
Glaeser Alfred L -- Ravenswood Title
Glaeser Alfred Lawrence -- None Available
Glaseser Alfred L $215,000 None Available
Smith Daniel E $155,000 None Available
Scharf Matthew Louise K $209,500 --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glaeser Alfred L $500,000
Closed Glaeser Alfred L $500,000
Previous Owner Glaseser Alfred L $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $215,000 -14.0% --
02/24/2012 02/24/12 Pending -- -- --
06/15/2011 06/15/11 For Sale $250,000 -- --
Source: Hive MLS

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 $7,877 $1,383,500 $595,600 $787,900
2024 $8,801 $1,056,600 $459,700 $596,900
2023 $8,548 $1,056,600 $459,700 $596,900
2022 $8,599 $1,056,600 $459,700 $596,900
2021 $8,657 $1,056,600 $459,700 $596,900
2020 $7,613 $722,700 $217,200 $505,500
2019 $7,613 $722,700 $217,200 $505,500
2018 $7,613 $722,700 $217,200 $505,500
2017 $8,080 $722,700 $217,200 $505,500
2016 $2,591 $233,800 $223,800 $10,000
2015 $2,370 $223,800 $223,800 $0
2014 $2,269 $223,800 $223,800 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Martie Davy

    Landfall Realty, LLC

  • K

    Buyer's Agent in 2012

    Karen Thompson

    Landfall Realty, LLC

    (910) 256-9975

    26 in this area

    29 Total Sales

    Karen Thompson
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Source: Hive MLS

MLS Number: 30464907

Hive MLS

APN: R05119-007-001-000

North Carolina New Hanover County Wilmington 28405

Landfall

Not Listed for Sale

Lots

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