See Home Value
$2,929,862*
Land - Off Market

5304 Masonboro Loop Road

Wilmington, NC 28409
bedrooms
Studio
bathrooms
5 Baths, 2 Half Baths
square feet
3834 Sqft
$2,520,000 - $3,080,000
Reference Base Price*
4.64%
Since Nov 1, 2022
National-US
Primary Model
Sold Aug 05, 1993
Transfer
$500,000 by Wells Fargo Bank Na
Mortgage Due Apr 11, 2046
Sold Sep 01, 1985
$39,500

About This Property

One of the last remaining development sites in Southeastern New Hanover County. Was at one time a commercial nursery. Has a very nice stable on site with 2 pastures for the horse lover. Could be redeveloped into a nice residential community. Property has a 3,800 sq ft private residence. Consider the possibilities!

The manager has listed the unit size as 3834 square feet.
Unit Size
3,834Ft²
Days on Market
-
Land Size
14.77 acres
Price per sqft
$730
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1989

Price History

Date / Event Date Event Price
Oct 8, 2022 No longer available -
No longer available
Jun 28, 2022 Relisted $2,800,000
Relisted
Mar 5, 2022 No longer available -
No longer available
Jan 10, 2022 Listed $3,750,000
Listed
Sep 1, 1985 Sold to Donald A Lisa N Hanna $39,500
Sold to Donald A Lisa N Hanna

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Raised Ranch
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 3,802
  • Garage Type: Garage
  • Garage Square Area: 851
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 643,381
  • Total Building Area: 3,802
  • Building Area: 3,802
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 3,802
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 14.77
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: PT CRAIG MASONBORO

Ownership

  • Current Owner : NEW HAN CNTY WATER/SEWER
  • Previous Owner : HANNA DONALD A LISA N
  • Owner Before Previous Owner: HANNA DONALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: New Hanover County Schools
  • School Tax School District: FIRE DISTRICT
  • Census Tract: 012103

Zoning

  • Zoning: R-15,RESID

Geography

  • Assessors Map Reference: MAP 7600
  • District: FD
  • Parcel: R07600-002-024-000
  • Block: 2
  • Lot: 24
  • Municipality: FIRE DISTRICT
  • Latitude: 34.1409
  • Longitude: -77.8811

    Address

  • Full Address: 5304 Masonboro Loop Rd
  • Address - House Number: 5304
  • Address - Street Name: Masonboro Loop
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Wilmington
  • Carrier Code: R007
  • 4-Digit Zip Code: 4147
  • Zip Code: 28409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,964
  • Tax Rate Code Area: FD

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 1,907,112
  • High Value: 2,216,700
  • Low Value: 1,597,525

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 28, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 11, 2046

    Market Valuation

  • Market Total Value: $745,700
  • Market Land Value: $335,800
  • Market Improvement Value: $409,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $745,700
  • Assessed Land Value: $335,800
  • Assessed Improvements Value: $409,900

    Sales

  • Current Sale Contract Date: Aug 05, 1993
  • Current Sale Recording Date: Aug 05, 1993
  • Current Sale Transaction ID: 1714101368
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 01, 1985
  • Previous Sale Contract Date: Sep 01, 1985
  • Previous Sale Amount: $39,500
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Myrtle Grove


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
Listing by Manager


Frequently Asked Questions

When was property at 5304 Masonboro Loop Road built and last sold?
The property at 5304 Masonboro Loop Road was built in 1989 and last sold on Aug 5, 1993 for $0.
How much is this home worth?
The estimated value of the home located at 5304 Masonboro Loop Road is $2,828,000.
What are some comparable homes to 5304 Masonboro Loop Road?
There are currently no comparable homes to 5304 Masonboro Loop Road.

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