7500 Masonboro Sound Road, Wilmington, NC 28409
$6,600,000
Property Type:
Land
Lot Size (sq. ft.):
2,831,400
Status:
Closed
Current Price:
$6,600,000
List Date:
2/14/2019
Last Modified:
11/30/2020
Description
Undeveloped wooded tract of land approx 65 acres. Zoned R-15 w/490 ft of road footage on Masonboro Loop Rd and another 490 ft of road footage on Masonboro Sound Rd. This tract of land would be suitable for a single family coastal development w/an average lot size of 15,000 sqft. Approx 175+ homes sites (subject to all approvals by City of Wilmington).
More Information MLS# 100122366
Contract Info
Status: Closed
Effective Date: 2018-06-22
Delayed Marketing Date (DM): 2018-06-22
Sub-Type: Residential Land
Auction: No
Listing Price: 8999900
Current Price: $6,600,000
List Price/Acre: 138460
Sub Agent Comm $/%: %
Buyer Agent Comm: 2
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 7500
Street Name: Masonboro Sound
Street Suffix: Road
County: New Hanover
State/Province: NC
Zip Code: 28409
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.176196
Geo Lon: -77.849517
Remarks and Showing
Directions to Property: S. College to Pine Grove Road to Masonboro Loop Road. Property on your left.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 65
Lot Dimensions: 716x3795x685x3935
Lot SqFt: 2831400
Deed Restriction: No
Total Road Frontage: 490
Waterfront: No
Waterview: No
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 3163400
Deed Book: 5846
Deed Page: 2706
Legal: PT ANDERSON
Broker Owner: No
PID: 314507.67.6696.000
Tax Identifier: R06700-005-007-000
Special Assessments: None
Tax Year: 2018
Zoning: R-15
HOA: No
Cobra Zone: No
School District: New Hanover
Elementary School: Masonboro
Middle School: Roland Grise
High School: Hoggard
Status Change Info
Under Contract Date: 2019-08-02
Sold Price: $6,600,000
Sold Date: 2020-11-25
Property Features
Bldgs on Property: Main House
Soil Evaluation: Soil Evaluation - No
Topography: Cleared/Partial; Rolling; Undeveloped; Wooded
Fuel Tank: None
Environmental Hazard: Unknown
Lot Description: Wooded; See Remarks
Road Type/Frontage: Maintained; Paved; Public (City/Cty/St)
Lot Water Features: None
HOA and Neigh Amenities: No Amenities
Terms: Cash
Listing Office: Intracoastal Realty Corp
Last Updated: November - 30 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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