7 months on rocket

1511 Burnett Rd, Wilmington, NC, 28409

$614,000

0.83 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
WaterfrontBeach Access, Sound, Marsh/Swamp
MLS #100444165
Lot Size0.83 Acres
StatusActive

About 1511 Burnett Rd

Presenting an amazing opportunity for a developer or family/individual to build their dream home (or 3 homes) on 3 lots with deeded ICW beach access. The properties are a short walk or golf cart ride from the beach and have been improved with a new community septic system (to be shared by the three lots) as well as brand new wells for each lot. Each lot accommodates a 3-bedroom home, with a multilevel home potentially providing spectacular views of Masonboro Island, Freeman Park, the Atlantic Ocean and the ICW. Properties of this type are becoming harder to find in the area. Awesome opportunity for builders, developers, or an incredible single-family estate. Beautiful, mature hardwood trees dot the landscape, which is tucked away on a quiet street. Close to Carolina Beach and Pleasure Island as well as a quick drive to downtown Wilmington, ILM airport and everything else New Hanover County has to offer. Seller has engineered plans for each lot designed by nationally recognized and award-winning Maurer Architecture and Tightlines Designs and Sullivan Design Company. This is a 3-lot listing for 1511 Burnett Rd (MLS# 100444166), 7331 Gold Ave (MLS# 100444167) , 7335 Gold Ave (MLS# 100444169).

Property Details

Property Features

Listing Office:

  • Office Name: Monarch Realty Co.

Exterior Features

Exterior Information:

  • Waterfront: Beach Access, Sound, Marsh/Swamp

Lot Features

Lot Information:

  • Lot: Cleared, Level
  • Lot Size: 0.83 Acres

Other

Directions Information:

  • Directions: S on HWY 421/Carolina Beach Rd L-onto Burnett Rd lot is on the Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $614,000

Tax Information:

  • Annual Amount: $658
  • 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

1511 Burnett Rd vs Wilmington

219 DAYS ON ROCKET

+166 Days

$614,000

+$185.6K More

KEY TAKEAWAY

This property is $185.6K more than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100444165

Listing Office:

  • Office Name: Monarch Realty Co.

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: 12/18/2024, 1:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 2021Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$658$104,000
2019$657$104,000
2018$658$104,000
2017$721$104,000

History based on county public records data.

Payment Calculator

$3,132

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,907

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NMLS#3030

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-4317617
6
/10
  • Edwin A Anderson Elementary School

  • 455 Halyburton Memorial Pkwy

  • 2.23 miles

  • Public District Grades KG-5

school-card-donut-4317618
7
/10
  • Carolina Beach Elementary School

  • 400 Fourth St S

  • 3.08 miles

  • Public District Grades KG-5

school-card-donut-4317619
8
/10
  • Heyward C Bellamy Elementary School

  • 70 Sanders Rd

  • 3.56 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,040. Residents of Wilmington, NC typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1511 Burnett Rd

What is the listing price of this property?

The listing price of 1511 Burnett Rd property is $614,000.

What type of property is this?

The property 1511 Burnett Rd is land located in Wilmington, North Carolina, 28409.

Is this property for sale now?

Active Listing: 1511 Burnett Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $658 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 2021 for $450,000. (source: MLS/tax record).

How much acreage is this property?

The property 1511 Burnett Rd is 0.83 acres.
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Rocket Homes›North Carolina›New Hanover County›Wilmington›28409›1511 Burnett Rd

This home is located at 1511 Burnett Rd in Wilmington, NC and zip code 28409 in the Intracoastal Waterway neighborhood. This home sits on a 0.83 acre lot. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $614,000.

While more than 38 listings in Wilmington, NC in November 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 133 were sold below. The number of homes for sale in Wilmington, NC decreased by 5.6% between October 2024 and November 2024. In November 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $428,375.

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

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