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257 Peiffer Ave, Wilmington, NC, 28409

$3,660,000

7.10 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
MLS #100429291
Lot Size7.10 Acres
StatusAccepting Backup Offers
(Pending with Showings)

About 257 Peiffer Ave

Cadence Realty is pleased to present Bradley Heights at Oleander, an incredible development opportunity featuring a R-5 (CD) zoned development site, which will support the construction of 61 townhome units spanning approximately 7.10 acres. Current ownership has already completed the vast majority of the necessary upfront legwork for the pre-construction process, allowing new ownership to move towards the construction phase of the development process quickly, thus reducing development risk. Currently in TRC with final TRC approval and permitting expected in April 2024, this courtyard-style townhome community allows for 61 units consisting of duplexes, triplexes, and quadplexes.Please contact the listing agent for additional information.

Property Details

Property Features

Listing Office:

  • Office Name: Cadence Realty Corporation

Lot Features

Lot Information:

  • Lot Size: 7.10 Acres

School Info

Assigned Schools Information:

  • Isaac M Bear High School, Public District Grades 9-12
  • John T Hoggard High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • Roland-Grise Middle School, Public District Grades 6-8
  • Bradley Creek Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Located Peiffer Ave off of Oleander Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,660,000

Tax Information:

  • Annual Amount: $664
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$409.1K

Med. Price/SqFt

$236

Avg. Days On Market

39

# of Sold Homes

264

257 Peiffer Ave vs Wilmington

67 DAYS ON ROCKET

+28 Days

$3,660,000

+$3.2M More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100429291

Listing Office:

  • Office Name: Cadence Realty Corporation

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: 5/1/2024, 12:55:17 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

Aug 03, 2021Home Sold
$132,500

Tax History

YEARPROP. TAXASSESSMENT
2020$664$126,000
2019$663$126,000
2018$664$126,000
2017$570$126,000

History based on county public records data.

Payment Calculator

$18.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11K

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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.

Elementary School

school-card-donut-3995938
5
/10
  • Bradley Creek Elementary School

  • 6211 Greenville Loop Rd

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-3995939
7
/10
  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 4.28 miles

  • Public District Grades PK-5

school-card-donut-3995940
4
/10
  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 4.96 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3995941
4
/10
  • Roland-Grise Middle School

  • 4412 Lake Ave

  • 2.65 miles

  • Public District Grades 6-8

High School

school-card-donut-3995942
8
/10
  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 2.19 miles

  • Public District Grades 9-12

school-card-donut-3995943
6
/10
  • John T Hoggard High School

  • 4305 Shipyard Blvd

  • 2.77 miles

  • Public District Grades 9-12

school-card-donut-3995944
9
/10
  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 8.42 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,609. Residents of Wilmington, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 257 Peiffer Ave

What is the listing price of this property?

The listing price of 257 Peiffer Ave property is $3,660,000.

What type of property is this?

The property 257 Peiffer Ave is land located in Wilmington, North Carolina, 28409.

Is this property for sale now?

Accepting Backup Offers: 257 Peiffer Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 257 Peiffer Ave are:
Bradley Creek Elementary School: GreatSchools Rating 5/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 7/10
Dr John Codington Elementary School: GreatSchools Rating 4/10
Roland-Grise Middle School: GreatSchools Rating 4/10
Isaac M Bear High School: GreatSchools Rating 8/10
John T Hoggard High School: GreatSchools Rating 6/10
Wilmington Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $664 (source: MLS/based on county public records data).

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

The last sale was on August 3, 2021 for $132,500. (source: MLS/tax record).

How much acreage is this property?

The property 257 Peiffer Ave is 7.10 acres.
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Rocket HomesNorth CarolinaNew Hanover CountyWilmington28409257 Peiffer Ave

This home is located at 257 Peiffer Ave in Wilmington, NC and zip code 28409 in the Seagate South neighborhood. This home sits on a 7.10 acre lot. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $3,660,000.

Wilmington, NC housing market in March 2024 saw over 54 listings sold above listed price, more than 53 sold at listed price and over 157 sold below. The inventory of homes for sale in Wilmington, NC between February 2024 and March 2024 increased by 6.8%. While the average time on the market in March 2024 was 39 days, the median list price was $409,102.

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

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