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7701 Myrtle Grove Rd, Wilmington, NC, 28409

$4,500,000

17.29 Acres
Land

Location

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Property Highlights

Home TypeResidential Land
WaterfrontWaterfront, Sound
MLS #100448158
Lot Size17.29 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 7701 Myrtle Grove Rd

Large Intracoastal waterfront tract on Myrtle Grove Sound. Based on the tax records this tract consists of 17.29 acres of wooded land and approximately 8.67 acres of wetlands. Buyer should have new survey done to verify acreage. There are two older structures on the property that add little value. This is a commissioner's sale which is subject to a 10 day upset period and the current bid price has to be upset by at least 5%.N.C.G.S. Article 29 of Chapter 1 and Chapter 46A

Property Details

Property Features

Listing Office:

  • Office Name: Intracoastal Realty Corp

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Sound

Lot Features

Lot Information:

  • Lot Size: 17.29 Acres

Other

Directions Information:

  • Directions: Turn off Carolina Beach Road onto Myrtle Grove Road and the property will be on the right between E Seaview Road and Edgewater Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,500,000

Tax Information:

  • Annual Amount: $8,771
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

7701 Myrtle Grove Rd vs Wilmington

166 DAYS ON ROCKET

+122 Days

$4,500,000

+$4.0M More

KEY TAKEAWAY

This property is $4.0M more than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100448158

Listing Office:

  • Office Name: Intracoastal Realty Corp

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: 11/17/2024, 4:20:50 AM 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$8,771$1,386,700
2019$8,770$1,386,700
2018$8,771$1,386,700
2017$10,984$1,386,700

History based on county public records data.

Payment Calculator

$22.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.5K

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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-374967
6
/10
  • Edwin A Anderson Elementary School

  • 455 Halyburton Memorial Pkwy

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-374968
8
/10
  • Heyward C Bellamy Elementary School

  • 70 Sanders Rd

  • 2.44 miles

  • Public District Grades KG-5

school-card-donut-374969
6
/10
  • Mary C Williams Elementary School

  • 801 Silver Lake Rd

  • 3.54 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. The most common annual income of people living in Wilmington, NC is between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7701 Myrtle Grove Rd

What is the listing price of this property?

The listing price of 7701 Myrtle Grove Rd property is $4,500,000.

What type of property is this?

The property 7701 Myrtle Grove Rd is land located in Wilmington, North Carolina, 28409.

Is this property for sale now?

Accepting Backup Offers: 7701 Myrtle Grove Rd 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 $8,771 (source: MLS/based on county public records data).

How much acreage is this property?

The property 7701 Myrtle Grove Rd is 17.29 acres.
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Rocket HomesNorth CarolinaNew Hanover CountyWilmington284097701 Myrtle Grove Rd

This home is located at 7701 Myrtle Grove Rd in Wilmington, NC and zip code 28409 in the Intracoastal Waterway neighborhood. This home sits on a 17.29 acre lot. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $4,500,000.

Over 46 listings were sold over their listed price in October 2024 in Wilmington, NC. In the same period over 153 listings were sold below the listed price and 66 listings were sold for the listed price. In October 2024 in Wilmington, NC there were 3.5% more homes for sale than in September 2024. In October 2024, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $425,528.

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

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