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7420 Masonboro Sound Road, Wilmington, NC 28409

$1,100,000
Property Type: Land Lot Size (sq. ft.): 209,088 Status: Closed
Current Price: $1,100,000 List Date: 2/19/2020 Last Modified: 4/30/2020

Overview

Description

This water front 4.8 acres tract zoned R-20 has 200 ft of road frontage on Masonboro Sound Rd and approx 200 ft on the Intracoastal Waterway. Due to this property's location it could be developed as residential estate lots.

Listing Details MLS# 100122298

Contract Info

Marketing Start Date
2018-06-22
Sub-Type
Residential Land
Auction
No
Listing Price
1900000
List Price/Acre
395833.33
Stipulation of Sale
Standard

Location Information

Street #
7420
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

Remarks and Showing

Directions to Property
S. College to Pine Grove Road to Left on Masonboro Sound Rd.
Sign on Property
Yes

Property Exterior Info

Acres - Total
4.8
Lot SqFt
209088
Deed Restriction
No
Total Road Frontage
200
Waterfront
Yes
Water Frontage
200
Waterview
Yes
Location Type
Mainland

Legal and Taxes

Tax Assessed Value
702100
Deed Book
5846
Deed Page
2706
Legal
PT ANDERSON
Broker Owner
No
PID
314507.68.7071.000
Tax Identifier
R06700-005-008-000
Special Assessments
None
Tax Year
2017
Zoning
R-20
HOA
No
Cobra Zone
No
School District
New Hanover
Elementary School
Masonboro
Middle School
Roland Grise
High School
Hoggard
Plat Book
No
Plat Page
No

Status Change Info

Under Contract Date
2020-02-20
Sold Date
2020-04-29

More Information

Bldgs on Property

Main House
Yes

HOA and Neigh Amenities

No Amenities
Yes

Soil Evaluation

Soil Evaluation - No
Yes

Frontage Type

ICW Front
Yes

View Type

Water
Yes

Topography

Cleared/Partial
Yes
Rolling
Yes
Undeveloped
Yes
Wooded
Yes

Lot Water Features

Deeded Water Access
Yes
Water Depth 4+
Yes

Terms

Cash
Yes

Fuel Tank

None
Yes

Environmental Hazard

Unknown
Yes

Lot Description

Wooded
Yes

Road Type/Frontage

Maintained
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Property Features

Bldgs on Property: Main House Soil Evaluation: Soil Evaluation - No Frontage Type: ICW Front Topography: Cleared/Partial; Rolling; Undeveloped; Wooded View Type: Water Fuel Tank: None Environmental Hazard: Unknown Lot Water Features: Deeded Water Access; Water Depth 4+ HOA and Neigh Amenities: No Amenities Terms: Cash
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: April - 30 - 2020
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