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120 Yorktown Dr, Wilmington, NC, 28401

$119,000

0.43 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #100477275
Lot Size0.43 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 120 Yorktown Dr

Hello! Have you ever wished to own a piece of land in one of the most promising neighborhoods of the area? Well, your opportunity has arrived! Today, I'm excited to present to you a breathtaking parcel of land, exquisitely located and poised for immense growth. Imagine owning a generous 18,675 sq ft property, strategically situated close to blossoming neighborhoods like Preservation Point, Hanover Lakes, and River Bluffs. This is not just land; this is your canvas to build your dreams, whether you're a developer, a homeowner seeking a prime location, or a business visionary! Location Potential: Situated in the next 'hot spot' as the area's development is on the rise with the approved sewer line from Spring Road to Brentwood, Royal Farms Gas Station on the corner, YMCA, and other pending projects increases the area's livability and value. Flexible Purchasing Options: This lot can be purchased alone, or combined with an adjacent lot or even an additional 3,700 sq ft home for increased value. Imagine a total of 1.3 acres of premium space at a competitive price! Investment Opportunity: The home on site can be rented out providing an immediate return on your investment while you plan your next steps. Development Ready: Complete with two soil studies confirming the land's viability, this parcel is perfect for R-15 zoned projects. The home's B-1 zoning opens the door for neighborhood businesses like charming cafes, innovative co-working spaces, boutique salons, or delightful restaurants. Remember, land like this doesn't appear every day, especially one nestled by major conveniences like three bypasses, the local airport, downtown, and the beautiful beaches. As the area continues to thrive, so will your investment. Drive by for a glimpse of your potential future, but remember, permission is required to walk the lot--cameras are on-site to assure privacy and security. Don't miss out on this unique investment opportunity in a rapidly developing area.

Property Details

Property Features

Listing Office:

  • Office Name: Select Premium Properties Inc.

Lot Features

Lot Information:

  • Lot: Farm, Wooded, Rural Area, Cleared, Open Lot
  • Lot Size: 0.43 Acres

Other

Directions Information:

  • Directions: From the airport, take 23rd Street, and turn right on Castle Hayne Road, immediate left on to Yorktown Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,000

Tax Information:

  • Annual Amount: $480
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

Med. Sold Price

$428.3K

Med. Price/SqFt

$244

Avg. Days On Market

53

# of Sold Homes

218

120 Yorktown Dr vs Wilmington

25 DAYS ON ROCKET

-28 Days

$119,000

-$309.3K Less

KEY TAKEAWAY

This property is $309.3K less than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100477275

Listing Office:

  • Office Name: Select Premium Properties Inc.

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$480$151,700
2019$479$151,700
2018$480$151,700
2017$558$151,700

History based on county public records data.

Payment Calculator

$661

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$423

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4273949
2
/10
  • Wrightsboro Elementary School

  • 2716 Castle Hayne Rd

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-4273950
2
/10
  • Rachel Freeman School of Engineering

  • 2601 Princess Place Dr

  • 2.18 miles

  • Public Magnet Grades KG-5

school-card-donut-4273951
5
/10
  • Douglass Academy

  • 507 N 6th St

  • 2.41 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,919. The most common annual income of people living in Wilmington, NC is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 Yorktown Dr

What is the listing price of this property?

The listing price of 120 Yorktown Dr property is $119,000.

What type of property is this?

The property 120 Yorktown Dr is land located in Wilmington, North Carolina, 28401.

Is this property for sale now?

Accepting Backup Offers: 120 Yorktown Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $480 (source: MLS/based on county public records data).

How much acreage is this property?

The property 120 Yorktown Dr is 0.43 acres.
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Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›120 Yorktown Dr

This home is located at 120 Yorktown Dr in Wilmington, NC and zip code 28401 in the Hightsville neighborhood. This home sits on a 0.43 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $119,000.

Wilmington, NC housing market in November 2024 saw over 38 listings sold above listed price, more than 47 sold at listed price and over 133 sold below. In November 2024 in Wilmington, NC there were 5.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 53 days, the median list price was $428,375.

From Rocket Homes Real Estate and based on county public records data.

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