NOT LISTED FOR SALE

Estimated Value: $166,035 - $172,000

0.45 Acre
$375,596 Price per Acre
19,602 Sq Ft Lot

Last Sold March 20, 2024

Last sale price $154,000

Est. 10% increase in value since last sale

Current estimated payment $994/month

2 Days on Market

About This Lot

As of March 2024

Located in close proximity to the Intracoastal Waterway, and a short drive away from local schools, beaches, shops and restaurants, this spacious lot offers thechance to build a bespoke coastal dream home. Set on an elevated lot on the water side of Masonboro Loop Road, the property is adjacent to a large, well-maintained home that is also currently for sale. Purchasing both properties could allow the buyer to live in the existing home while supervising the building of the new residence and then rent the older property. Build a guest house or a new rental, or just create an expansive retreat with easy access to the pristine naturepreserve at Masonboro Island--the options are only limited by the imagination. Combining the two properties could allow the buyer to create a large home with an approximately 0.86-acre lot. If building a new home is desired, it would need county sewer and a well tap. Search 110 Tanglewood to view the available existing home. With a peaceful setting nearby the Trails End boat launch and the recreational/fishing opportunities that have made North Carolina one of the fastest growing markets nationwide, this is a great opportunity. Adding to the sense of urgency is the idea the market could heat up quickly if interest rates should fall, and the properties have a strategic location in between Carolina Beach and Wilmington.

Last Listed By

Ryan Dailey

A1 Property Management Inc. License #314327 Listed on: 01/25/2024

A1 Property Management Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $609

Lot Details

  • 0.45 Acre Lot
  • Cleared Lot
  • Property is zoned R-15

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R07213-010-028-000

Property Details

Property Type

Land

Est. Annual Taxes

$609

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 108

Utilities

  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Page: 415.00
  • Lot Sq Ft: 19776.00
  • Plat Book: .
  • Plat Page: .
  • Zoning: R-15
  • Acres: 0.45
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 355555.56
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: R07213-010-028-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 609.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Griffin Patrick and Griffin Donna
Bought by
Moore James T and Moore Beverly V
Total Days on Market
2
Current Estimated Value
$169,018

Purchase Details

Listed on
Jan 25, 2024
Closed on
Mar 4, 2024
Sold by
Zeman Ellen Burriss and Zeman Patrick Armell
Bought by
Zeman Patrick and Zeman Donna
Seller's Agent
Ryan Dailey
A1 Property Management Inc.
Buyer's Agent
Ingrid Corbi
Coastal Properties
List Price
$160,000
Sold Price
$154,000
Premium/Discount to List
-$6,000
-3.75%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
May 1, 1983
Sold by
Newell Andrew Harold
Bought by
Burriss Alfred K

Purchase Details

Closed on
Jun 1, 1973
Bought by
Newell Andrew Harold

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moore James T $165,000 None Listed On Document
Zeman Patrick $154,000 None Listed On Document
Burriss Alfred K $9,000 --
Newell Andrew Harold -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $154,000 -3.8% --
01/27/2024 01/27/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $160,000 -- --
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 -- $116,600 $116,600 $0
2023 $609 $116,600 $116,600 $0
2022 $461 $116,600 $116,600 $0
2021 $160 $116,600 $116,600 $0
2020 $348 $55,000 $55,000 $0
2019 $348 $55,000 $55,000 $0
2018 $348 $55,000 $55,000 $0
2017 $356 $55,000 $55,000 $0
2016 $419 $60,500 $60,500 $0
2015 $390 $60,500 $60,500 $0
2014 $383 $60,500 $60,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Properties in Wilmington, NC

  • 2619 Worth Dr, Wilmington, NC 28412

    $216,668

    • Land
    • 0.33 Acre
    • $656,570 per Acre
    • 2619 Worth Dr
    • Wilmington, NC

    This is one of multiple multifamily lots for sale. This is a double lot. Ready for Duplex or single family. Can also be bought with the other lots available. See remarks below from master listing of all 5 lots. ''5 lots with one lot being a double lot that can be subdivided to make 6 separate multifamily lots which gives you the chance to build 6 duplexes/12 units with lots big enough to also

    The Domenico Grillo Real Estate Team Keller Williams Innovate-Wilmington

    Section Image
  • 7220 Carolina Beach, Wilmington, NC 28412

    $150,000

    • Land
    • 0.46 Acre
    • $326,087 per Acre
    • 7220 Carolina Beach
    • Wilmington, NC

    Investment property in area that is developing quickly within a couple miles of Carolina Beach's sandy beaches! .46 acres in quiet setting. Lot has empty/clean septic tank,mature trees, well, and utilities hook ups.Lot sells as it and will need underbrush cleared.This is an opportunity to build your dream vacation very close to the beach on an affordable lot!

    Dena Bullard Bullard Realty, Inc.

    Section Image

Source: Hive MLS

MLS Number: 100423857

Hive MLS

APN: R07213-010-028-000