$1,195,000

Estimated payment $6,721/month

Total Views 7,305
0.77 Acre
$1,551,948 Price per Acre
33,541 Sq Ft Lot

Highlights

  • 0.77 Acre Lot
  • No HOA
  • Wood Fence
  • Corner Lot

About This Lot

The combination of 1102 and 1110 Chestnut street results in a combined .78 acres (33,675 square feet) for a large development project. This property is located in Soda Pop District and is zoned Urban Mixed Use zoning district. This location has the road frontage on Chestnut Street of 231 feet and road frontage on 11th street of 129 feet. . This location is ideal for a mixed use, multi-family, residential or commercial project.The seller has gone through a great deal of work to get this site ready for someone to build. The survey is included in the provided documents. Seller have gone through the environmental inspection process and can provide a detail record to assist in expediting a new project. This is a great location for a stand alone project or could work into a development plan for the surrounding area.

Listing Agent

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 02/24/2025

Intracoastal Realty Corp

Co-Listing Agent

Sky Grainger

Intracoastal Realty Corp License #327151

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,524

Lot Details

  • 0.77 Acre Lot
  • Wood Fence
  • Brick Fence
  • Corner Lot
  • Cleared Lot
  • Property is zoned UMX

Basement

  • Partial Basement

Schools

  • Gregory Math/Science Elementary School
  • Williston Middle School
  • New Hanover High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R04818-015-001-000

Property Details

Property Type

Land

Est. Annual Taxes

$2,524

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: 5+ Multi-Family
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Brick, Wood, Partial
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 360

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer Available, Natural Gas Available, Municipal Water Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 9741693.00
  • Lot Description: Corner Lot
  • Lot Dimensions: 231 x 184 irregular
  • Lot Sq Ft: 33541.00
  • Lot Water Features: None
  • Zoning: UMX
  • Cleared Acres: 0.77
  • Acres: 0.77
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1551948.05
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared

Tax Info

  • Tax Identifier: R04818-015-001-000
  • Tax Year: 2024
  • Total City Real Estate Property Tax: 2523.87
  • Total Real Estate Property Taxes: 2523.87
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Gregory Math/Science
  • High School: New Hanover
  • Middle School: Williston

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,288 $148,000 $145,700 $2,300
2022 $1,258 $148,000 $145,700 $2,300
2021 $1,267 $148,000 $145,700 $2,300
2020 $709 $67,300 $59,800 $7,500
2019 $709 $67,300 $59,800 $7,500
2018 $709 $67,300 $59,800 $7,500
2017 $709 $67,300 $59,800 $7,500
2016 $1,316 $118,800 $102,600 $16,200
2015 $1,258 $118,800 $102,600 $16,200
2014 $1,205 $118,800 $102,600 $16,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 For Sale $1,195,000 -- --
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 None Available
Deed -- --
Deed $278,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,000 Commercial
Source: Public Records

Source: Hive MLS

MLS Number: 100490623

Hive MLS

APN: R04818-015-001-000