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Sold for $2,563,000
  • $2,563,000

    257 Peiffer Avenue, Wilmington, NC 28409

    --beds
    0baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $468,300 Zestimate®
    $--/sqft
    $1,601 Estimated rent

    Home value

    $468,300

    $370,000 - $595,000

    $1,601/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Will C Daube 910-409-3605,

    Cadence Realty Corporation,

    Frederick E Barton 910-547-4594,

    Cadence Realty Corporation

    Bought with:

    Will C Daube, 308018

    Cadence Realty Corporation

    Frederick E Barton, 274182

    Cadence Realty Corporation

    Source: Hive MLS,MLS#: 100429291MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 7.1 Acres
    • Topography: Undeveloped
    Details
    • Additional structures: None
    • Parcel number: R06211002004000
    • Zoning: R-5 (CD)
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Community
    • Subdivision: Bradley Heights
    HOA
    • Has HOA: Yes
    • Amenities included: None
    Location
    • Region: Wilmington

    Financial & listing details

    • Tax assessed value: $96,900
    • Annual tax amount: $963
    • Date on market: 3/20/2025
    • Cumulative days on market: 224 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    4/1/2025Sold$2,563,000-8.7%
    Source: Hive MLS #100429291 Report a problem
    12/3/2024Contingent$2,806,000
    Source: Hive MLS #100429291 Report a problem
    11/18/2024Price change$2,806,000-23.3%
    Source: Hive MLS #100429291 Report a problem
    10/14/2024Listed for sale$3,660,000
    Source: Hive MLS #100429291 Report a problem
    8/24/2024Listing removed--
    Source: Hive MLS #100429291 Report a problem
    5/17/2024Listed for sale$3,660,000
    Source: Hive MLS #100429291 Report a problem
    3/24/2024Pending sale$3,660,000
    Source: Hive MLS #100429291 Report a problem
    2/24/2024Listed for sale$3,660,000+2662.3%
    Source: Hive MLS #100429291 Report a problem
    8/3/2021Sold$132,500+452.1%
    Source: Public Record Report a problem
    6/26/2008Sold$24,000
    Source: Hive MLS #30401976 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$963 +14.2%$163,600 +68.8%
    2024$843 +3%$96,900
    2023$819 -26.7%$96,900 -26.3%
    2022$1,117 +98.6%$131,400
    2021$562 -15.3%$131,400 +4.3%
    2020$664 $126,000
    2019$664 $126,000
    2018$664 $126,000
    2017$664 +16.4%$126,000 +22.4%
    2016$570 +4.6%$102,900
    2015$545 +4.4%$102,900
    2014$522 $102,900
    2013-- $102,900
    2012-- $102,900 +1.6%
    2011-- $101,318
    2010-- $101,318
    2009-- --
    2008-- --
    2007-- --
    2005-- $70,032
    2004-- $70,032
    2003-- $70,032
    2002-- $70,032
    2001-- $70,032
    2000-- $70,032
    Find assessor info on the county website

    Neighborhood: Seagate South

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bradley Creek
    • Middle: Roland Grise
    • High: Hoggard

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $468,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $468,300