Large Location Icon

5489 Watergrass Dr; Wilmington, NC Property Details

5489 Watergrass Dr, Wilmington, NC is a Vacant Land General. This property is currently a cash purchase and is not for sale. The lot size of 5489 Watergrass Dr is 1,029,323 square feet.

Off market
5489 Watergrass Dr Wilmington, NC 28412
$7,300,900 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $3,519,010
  • APN: R07000-007-378-000
  • Situs County: New Hanover
  • Length Of Ownership: 2 years

Measurements

  • Lot: 1,029,323/SqFt

Legal Description

  • Description: PT LOT 3 RIVERLIGHTS MIXED USE 3
Building Insights

Land Information

  • Property Type: Vacant Land General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: New Hanover County Schools
  • Lat / Lon: 34.13435 / -77.91944
  • Subdivision: Riverlights Mixed Use 3
  • Property Class: Vacant
  • Zoning: MX
  • County Use Code: 958

Amenities

  • Plus Four: 7803

Ownership Info

5489 Watergrass Dr has no associated ownership info
5489 Watergrass Dr has no associated ownership info.

Taxes

5489 Watergrass Dr has 10 associated Taxes items

5489 Watergrass Dr, Wilmington, NC pays taxes in New Hanover County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $7,300,900. The APN we've located for 5489 Watergrass Dr is R07000-007-378-000.

Unlock the full report
Taxes
  • Assessed Value:  $7,300,900
  • Assessed Year:  2026
  • Assessed County:  New Hanover
  • APN:  R07000-007-378-000
  • Assessed Land Value:  7300900
  • Market Land Value:  7300900
  • Tax Amount:  54276.18
  • Tax Year:  2025
  • Market Value:  7300900
  • Market Year:  2026

Tax History

5489 Watergrass Dr has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $7,300,900 Land Value $7,300,900 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $54,276.18 Change Rate +10.21856% Assessed CR Tax Rate
Year 2024 Assessed Value $556,100 Land Value $556,100 Improvement Value Tax Amount $4,838.07 Change Rate +0.029585% Assessed CR Tax Rate +0.0087%
Year 2023 Assessed Value $556,100 Land Value $556,100 Improvement Value Tax Amount $4,699.05 Change Rate -0.049305% Assessed CR Tax Rate +0.00845%
Year 2022 Assessed Value $581,500 Land Value $581,500 Improvement Value Tax Amount $4,942.75 Change Rate Assessed CR Tax Rate +0.0085%