$2,585,000
SOLD MAY 9, 2013
4 Beds
5.5 Baths
5,979 Sq Ft
1.28 Acres

Recently Sold

$432 Per Sq Ft

6% Below List Price

582 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 1.28 Acre Lot
  • Wrightsville Beach Elementary School Rated A-
  • Home fronts a pond
  • Deck

About This Home

As of May 2013

Nothing Compares to this incredible homesite in Landfall! This architectural wonder is sited on a wooded peninsula between the Intracoastal Waterway and a picturesque fresh water pond. The emerald green of Nicklaus #2 Ocean Course is viewed from the winding pathways of the lawn and gardens. Secluded decks and pergolas afford panoramic views to the waterway and the ocean beyond. Crisp, clean lines and floor to ceiling windows offer the openness of a contemporary floor plan, but the privacy and intimacy of a more traditional lifestyle. This home is immaculately maintained and includes a gourmet cook's kitchen, lots of cabinetry, work spaces, and abundant display areas. An inviting living room, breakfast room with adjoining sitting room add to the entertainment potential of the design.

Last Agent to Sell the Property

Alison Bernhart

Landfall Realty, LLC License #129378 Listed on: 07/07/2011

Last Buyer's Agent

Vance Young

Intracoastal Realty Corp License #245851

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,491

Year Built

  • Built in 1993

Lot Details

  • 1.28 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Cul-De-Sac
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $152 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Steel Frame
  • Wood Frame Construction
  • Stick Built Home

Interior Spaces

  • 5,979 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Ocean Views
  • Crawl Space

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Fuel Tank

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Playground

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,491

Year Built

Built in 1993

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Steel Frame, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1993
  • Road Frontage Type: ICW Front, Pond Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 3+
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 0 - 200, 5500 - 5999
  • Interior Amenities: Ceiling Fan(s), Whirlpool, Elevator, Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 459.94
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 4
  • Number Rooms: 12
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 5979.00
  • Total Heated Primary Separate Sq Ft: 5979.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony, Patio, Porch, Deck
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Picnic Area, Taxes, Security, Playground, Management, Maint - Roads
  • HOAAssociationFee1Year: 1824.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1061.00
  • Lot Acres: 1.28
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: Triangular
  • Lot Sq Ft: 55757.00
  • Zoning: R-20
  • Lot View Type: Ocean View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2011
Closed on
Apr 23, 2013
Sold by
Wasch Richard S
Bought by
Marinelli John Joseph and Marinelli Gay Pauline
Seller's Agent
Alison Bernhart
Landfall Realty, LLC
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$2,750,000
Sold Price
$2,585,000
Premium/Discount to List
-$165,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$1,820,000
Outstanding Balance
$1,276,311
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,208,180

Purchase Details

Closed on
Sep 17, 2008
Sold by
Wasch Sandra W
Bought by
Wasch Richard S

Purchase Details

Closed on
Apr 1, 2002
Sold by
Hexter Jane P Peter K
Bought by
Wasch Richard S Sandra W

Purchase Details

Closed on
Jan 15, 1999
Sold by
Landfall Associates
Bought by
Hexter Jane P

Purchase Details

Closed on
Nov 21, 1990
Sold by
Hexter Peter K Jane P
Bought by
Hexter Jane P

Purchase Details

Closed on
Jun 27, 1990
Sold by
Landfall Associates
Bought by
Hexter Peter K Jane P

Purchase Details

Closed on
Dec 1, 1988
Sold by
Landfall Associates
Bought by
Hexter Peter K Jane P

Purchase Details

Closed on
Jul 1, 1987
Bought by
Landfall Associates
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,585,000 None Available
Quit Claim Deed -- None Available
Deed $2,660,000 --
Deed -- --
Deed -- --
Deed $15,000 --
Deed $360,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Open $1,820,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $8,295,000 +220.9% $1,174 / Sq Ft
05/09/2013 05/09/13 Sold $2,585,000 -6.0% $432 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
07/07/2011 07/07/11 For Sale $2,750,000 -- $460 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $22,491 $2,585,200 $1,398,400 $1,186,800
2022 $21,974 $2,585,200 $1,398,400 $1,186,800
2021 $22,124 $2,585,200 $1,398,400 $1,186,800
2020 $28,541 $2,709,400 $1,860,000 $849,400
2019 $28,541 $2,709,400 $1,860,000 $849,400
2018 $28,541 $2,709,400 $1,860,000 $849,400
2017 $28,541 $2,709,400 $1,860,000 $849,400
2016 $31,037 $2,801,200 $1,421,700 $1,379,500
2015 $29,665 $2,801,200 $1,421,700 $1,379,500
2014 $28,658 $2,826,200 $1,421,700 $1,404,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30465600

Hive MLS

APN: R05116-004-018-000