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40 Beach Rd; Wilmington, NC Property Details

40 Beach Rd, Wilmington, NC is a Single Family that was built in 1974. This property is currently a cash purchase and is not for sale. Our records show that 40 Beach Rd has 5 bedrooms, and 4 bathrooms, and a total of 3,042 square feet. The lot size of 40 Beach Rd is 20,212 square feet.

Off market
40 Beach Rd S Wilmington, NC 28411
$5,156,500 Estimated Value
5 Beds
4 Baths
3,042 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1974
  • Purchase Price: $11,500
  • Est. Equity / %: $5,383,000 / 100%
  • Gross Yield: 0.479%
  • APN: R04613-002-009-000
  • Situs County: New Hanover
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Good
  • Building Quality: B+
  • Roof Cover Type: Composition Shingle
  • Deck: true

Measurements

  • Total: 3,042/SqFt
  • Lot: 20,212/SqFt
  • Living: 3,042/SqFt
  • Basement: 2,902/SqFt
  • Building: 3,042/SqFt
  • Ground: 2,972/SqFt
  • Basement Finished: 2,902/SqFt
  • Price Per Square Foot: $3.78

Legal Description

  • Description: LOT 6 SEC 1 FIGURE 8 BCH
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.264393 / -77.74848
  • Subdivision: Section 1 Of Figure 8 Beach
  • Property Class: Residential
  • Zoning: R-20S
  • County Use Code: 10

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 9217
  • Bathroom Fixtures: 16
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Underground/Basement
  • Heating: Heat Pump
  • Parking: 1

HOA

  • H O A One: $6,690
  • H O A Amount: $6,690
  • H O A One Name: Figure 8 Beach Homeowners Assoc Inc
  • H O A One Type: Home Owner Association

Ownership Info

40 Beach Rd S has no associated ownership info
40 Beach Rd S has no associated ownership info.

Taxes

40 Beach Rd S has 10 associated Taxes items

40 Beach Rd, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $5,156,500. The APN we've located for 40 Beach Rd is R04613-002-009-000.

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Taxes
  • Assessed Value:  $5,156,500
  • Assessed Year:  2025
  • Assessed County:  New Hanover
  • APN:  R04613-002-009-000
  • Assessed Land Value:  4355100
  • Market Land Value:  4355100
  • Tax Amount:  19591.04
  • Tax Year:  2025
  • Market Value:  5156500
  • Market Year:  2025

Tax History

40 Beach Rd S has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $5,156,500 Land Value $4,355,100 Improvement Value $801,400 Tax Amount $19,591.04 Change Rate +0.328284% Assessed CR Tax Rate +0.003799%
Year 2024 Assessed Value $2,808,700 Land Value $2,452,400 Improvement Value $356,300 Tax Amount $14,749.14 Change Rate +0.000399% Assessed CR Tax Rate +0.005251%
Year 2023 Assessed Value $2,808,700 Land Value $2,452,400 Improvement Value $356,300 Tax Amount $14,743.26 Change Rate -0.009435% Assessed CR Tax Rate +0.005249%
Year 2022 Assessed Value $2,808,700 Land Value $2,452,400 Improvement Value $356,300 Tax Amount $14,883.69 Change Rate -0.032875% Assessed CR Tax Rate +0.005299%
Year 2021 Assessed Value $2,808,700 Land Value $2,452,400 Improvement Value $356,300 Tax Amount $15,389.63 Change Rate +0.554923% Assessed CR Tax Rate +0.005479%
Year 2020 Assessed Value $1,564,800 Land Value $1,356,800 Improvement Value $208,000 Tax Amount $9,897.36 Change Rate Assessed CR Tax Rate +0.006325%
Year 2019 Assessed Value $1,564,800 Land Value $1,356,800 Improvement Value $208,000 Tax Amount $9,897.36 Change Rate Assessed CR Tax Rate +0.006325%
Year 2018 Assessed Value $1,564,800 Land Value $1,356,800 Improvement Value $208,000 Tax Amount $9,897.36 Change Rate -0.023166% Assessed CR Tax Rate +0.006325%
Year 2017 Assessed Value $1,564,800 Land Value $1,356,800 Improvement Value $208,000 Tax Amount $10,132.08 Change Rate +0.116333% Assessed CR Tax Rate +0.006475%
Year 2016 Assessed Value $1,309,700 Land Value $1,005,000 Improvement Value $304,700 Tax Amount $9,076.22 Change Rate +0.076087% Assessed CR Tax Rate +0.00693%
Year 2015 Assessed Value $1,309,700 Land Value $1,005,000 Improvement Value $304,700 Tax Amount $8,434.47 Change Rate +0.017378% Assessed CR Tax Rate +0.00644%
Year 2014 Assessed Value $1,309,700 Land Value $1,005,000 Improvement Value $304,700 Tax Amount $8,290.4 Change Rate Assessed CR Tax Rate +0.00633%