6225 Old Military Road, Wilmington, NC 28409

$1,350,000
Property Type: Land Lot Size (sq. ft.): 309,276 Status: Closed
Current Price: $1,350,000 List Date: 11/19/2021 Last Modified: 2/14/2022

Description

Beautiful 7 acre site with breath taking views of the intracoastal waterway. Property has 400' of marsh/creek frontage and is 850'+ deep. There is a home on the property but the value is in the land. This property would be ideal for a large estate or may be subdivided into multiple lots.

More Information MLS# 100267219

Contract Info

Sub-Type: Residential Land Auction: No List Price/Acre: 281549.3 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2021-04-20 Listing Price: 1999000 Current Price: $1,350,000

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 6225 Street Name: Old Military Street Suffix: Road County: New Hanover State/Province: NC Zip Code: 28409 Subdivision: Not In Subdivision Geo Lat: 34.191739 Geo Lon: -77.834523

Remarks and Showing

Sign on Property: Yes Directions to Property: Turn onto Old Military off of Greenville Loop Road. Property is on left prior to Cedar Island Bridge.

Property Exterior Info

Acres - Total: 7.1 Acres - Cleared: 5 Acres - Wooded: 2.1 Lot Dimensions: irregular Lot SqFt: 309276 Deed Restriction: No Waterfront: Yes Total Road Frontage: 268 Waterview: Yes Location Type: Mainland Water Frontage: 400

Legal and Taxes

Tax Assessed Value: 1783400 Deed Book: 5954 Deed Page: 1501 Legal: PT HEYER Broker Owner: No PID: R06200-005-026-0000 Tax Identifier: R06200005026000 Plat Book: NA Plat Page: NA Total Real Estate Property Taxes: 15262.34 Special Assessments: None Deferred Taxes: No Tax Year: 2021 Zoning: R-20 HOA: No Cobra Zone: No School District: New Hanover Elementary School: Bradley Creek Middle School: Roland Grise High School: Hoggard

Current Use

Residential: 1

Bldgs on Property

Main House: 1

HOA and Neigh Amenities

No Amenities: 1

Soil Evaluation

Soil Evaluation - No: 1

Frontage Type

Creek: 1

View Type

Creek/Stream: 1 ICW View: 1 Marsh View: 1 Water: 1

Topography

Cleared/Partial: 1 Level: 1 Marsh/Wetland: 1

Terms

1031 Exchange: 1 Cash: 1 Conventional: 1

Fencing

None: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Partially Cleared: 1 Wetlands: 1

Road Type/Frontage

Maintained: 1 Paved: 1

Status Change Info

Under Contract Date: 2022-01-12 Sold Price: $1,350,000 Sold Date: 2022-02-14

Property Features

Current Use: Residential Bldgs on Property: Main House Soil Evaluation: Soil Evaluation - No Frontage Type: Creek Topography: Cleared/Partial; Level; Marsh/Wetland View Type: Creek/Stream; ICW View; Marsh View; Water Fencing: None Fuel Tank: None Environmental Hazard: Unknown Lot Description: Partially Cleared; Wetlands HOA and Neigh Amenities: No Amenities Terms: 1031 Exchange; Cash; Conventional
Listing Office: Coastal Legacy Real Estate LLC
IDX
Last Updated: February - 14 - 2022
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