Last Sold Price
2 beds11,779 sqft$98/sqft
7408 Myrtle Grove Rd, Wilmington, NC 28409

Description

Joey Court Apartments is a stabilized, 18 unit complex that is made up eight duplexes and two single unit buildings. With the exception of one unit, all of the buildings were recently built in 2007. The asset has performed extremely well with a historical occupancy of roughly 92% to 95% and minimal turnover.Joey Court Apartments is a stabilized, 18 unit complex that is made up eight duplexes and two single unit buildings. With the exception of one unit, all of the buildings were recently built in 2007. The asset has performed extremely well with a historical occupancy of roughly 92% to 95% and minimal turnover.
LISTING CLOSED: 11/07/2014 12:00 AM

  1. Listed by Elizabeth P Smith • Brokerage DRE #C11944 • Cape Fear Commercial, LLC
    P: (910)-344-1000 elizabeth@capefearcommercial.com

Property Details for 7408 Myrtle Grove Road

Status
MLS #
30506868
Days on Market
118
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1956
Lot Size
5.33 AC / 232,175 SF
Subdivision Name
Myrtle Grove
Zoning
R-15

Location

Listing Courtesy of Cape Fear Commercial, LLC

Sold By Cape Fear Commercial, LLC

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Building Information for 7408 Myrtle Grove Road

Stories1Residences4Year Built1956Building Size-Lot Size5.33 AC / 232,175 SF

Payment Calculator

$6,630 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,845

Property Taxes

$785

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7408 Myrtle Grove Road

Summary
Location and General Information
  • Island Or Mainland: Mainland
  • Directions: Located directly off of Myrtle Grove Road, near the intersection of Myrtle Grove and Carolina Beach Road/Highway 421.
  • Latitude: 34
  • Longitude: -78
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None
  • Parcel Number: 3132-58-8207.000
  • Tax Legal Description: ( 5.33 ACRES) PT DAVIS
  • Tax Map Number: R08200002055000
  • Tax Assessed Value: $1,087,300
School Information
  • Elementary School: Anderson
  • High School: Ashley
  • High School District: New Hanover
  • Middle Or Junior School: Murray
Property
Lot Information
  • Building Area Total: 11779.0
  • Lot Size Acres: 5.33
  • Lot Size Area: 5.33
  • Lot Size Square Feet: 232175.0
  • Lot Size Units: Acres
Property and Assessments
  • Deed Book: 5251
  • Deed Page: 2701.0
  • New Construction: No
  • Possession: Close Of Escrow, At Closing
  • Property Type: Residential Income
  • Year Built: 1956
Interior and Exterior Features
Exterior Features
  • Stories: 1
Interior Features
  • Bathrooms Total Source: MLS
  • Basement: None
  • Fireplace: No
  • Fireplace Features: None
Multi Family
Multi Family Information
  • Number Of Units In Community: 18
  • Number Of Units Total: 4
Unit Information
Unit 1
  • Unit Type Occupant Type: Occupied
  • Unit Type Beds Total: 2
Unit 2
  • Unit Type Occupant Type: Occupied
Unit 3
  • Unit Type Occupant Type: Occupied
Unit 4
  • Unit Type Occupant Type: Occupied

Property History for 7408 Myrtle Grove Road

DateEvent & SourcePriceAppreciation
Nov 7, 2014

Sold

NCRMLS #30506868

$1,150,000
Nov 6, 2014

Sold (Public Record)

Public Record #474305498

$1,150,000
Sep 23, 2014

Pending

NCRMLS #30506868

DateEvent & SourcePrice
11/07/2014

Sold

NCRMLS #30506868

$1,150,000
11/06/2014

Sold (Public Record)

Public Record #474305498

$1,150,000
09/23/2014

Pending

NCRMLS #30506868

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7408 Myrtle Grove Road

Taxable ValueLand$432,200Additions$1,890,800Total$2,323,000
Tax Record2025$9,416 ($785 / month)
Home Facts
Baths19.5Total Finished SqFt1,290 SqFtAbove Grade Finished SqFt1,290 SqFtStories1Lot Size227,383 SqFtStyleDuplexYear Built1956ZoningR-15,RESIDENTCountyNEW HANOVERAPNR08200-002-055-000Fireplace TypeHas Fireplace

Schools near 7408 Myrtle Grove Road

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Edwin A. Anderson Elementary
PublicK to 5

Charles P Murray Middle
Public6 to 8

Eugene Ashley High
Public9 to 12

Dr John Codington Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7408 Myrtle Grove Road, Wilmington, NC 28409
$1,150,000
2
11,779
232,175
1,792
25,265
$1,042,500
5
4.5
4,504
242,194
3
1
1,413
15,682
4
1,792
25,265
18,644

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cape Fear Commercial, LLC

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 07/17/2026 02:49 AM. 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 Compass or its subsidiaries, affiliates and their agents and associated third parties 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. © 2026 Hive MLS