$1,825,000
SOLD MAY 8, 2025
3 Beds
2.5 Baths
1,313 Sq Ft
$333/mo HOA Fee

Recently Sold

$1,390 Per Sq Ft

1% Below List Price

Highlights

  • Boat Dock
  • Water Access
  • Deck
  • Wrightsville Beach Elementary School Rated A-
  • Intracoastal View
  • Wood Flooring

About This Home

As of May 2025

Experience coastal living at 109 Lees Cut, a beautifully renovated townhouse in the desirable Lees Cut at Channel Walk community. Take in panoramic views of the Intracoastal Waterway, Banks Channel, and the iconic Wrightsville Beach Bridge from your private balconies.Inside, the home has been meticulously updated, with every detail thoughtfully curated. The primary suite offers a peaceful retreat complete with its own balcony and sweeping water views.Step outside to enjoy the private marina, gazebo, kayak storage, and your very own 30' wet slip at Lees Cut's private beach--just steps from your front door. With easy access to the Wrightsville Beach Loop, local dining, shops, and sandy shores, this is the ultimate blend of comfort and coastal convenience.

Last Agent to Sell the Property

David Benford Group

Landmark Sotheby's International Realty Listed on: 04/24/2025

Landmark Sotheby's International Realty

Last Buyer's Agent

Lynne Galloway

Landmark Sotheby's International Realty License #251704

Landmark Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1979

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 28x40
  • Property fronts a marsh
  • Property fronts a private road

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,313 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Intracoastal Views
  • Pull Down Stairs to Attic
  • Termite Clearance

Kitchen

  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Balcony
  • Deck
  • Porch

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0754
  • Assessor Parcel Number R05714-005-001-010

Community Details

Overview

  • Lee's Cut HOA, Phone Number (540) 514-6033
  • Lees Cut Boa Association
  • Channel Walk Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Community Pool

Security

  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,152

Year Built

Built in 1979

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Walk-in Shower, Walk-In Closet, Gas Logs, Kitchen Island
  • Laundry Location: Closet
  • List Price per Sq Ft: 1408.99
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1313.00
  • Total Heated Primary Separate Sq Ft: 1313.00

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Deck
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Dryer, Disposal
  • Cooling System: Central
  • 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: Boat Dock, Taxes, Trash, Termite Bond, Maint - Comm Areas, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Boat Slip - Assign
  • HOAAssociationFee1Year: 4000.00
  • HOAAssociationFee2Year: 700.00
  • HOAAssociationName: Lee's Cut HOA
  • HOAAssociationName2: Lees Cut BOA
  • HOAAssociationPhone: 5405146033

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2024.00
  • Lot Acres: 0.02
  • Lot Dimensions: 28x40
  • Lot Number: 0754
  • Lot Sq Ft: 871.00
  • Lot Water Features: Water Access Comm
  • Special Assessments: $3500 for exterior painting
  • Zoning: R-2-WB
  • Lot View Type: ICW View, Marsh View

Tax Info

  • Tax Identifier: R05714-005-001-010
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Hoggard
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 7, 2025
Sold by
Griffin Susan S
Bought by
Stick Deborah Dow
Seller's Agent
David Benford Group
Landmark Sotheby's International Realty
Buyer's Agent
Lynne Galloway
Landmark Sotheby's International Realty
List Price
$1,850,000
Sold Price
$1,825,000
Premium/Discount to List
-$25,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.71%

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jun 10, 2020
Sold by
Groeschen Carl and Groeschen Christine
Bought by
Griffin Susan S
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
David Benford Group
Landmark Sotheby's International Realty
List Price
$816,500
Sold Price
$816,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.96%
Original Mortgage
$300,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2019
Sold by
Catalano Raymond and Cernilli Laureen T
Bought by
Groeschen Carl Leo and Groeschen Christine Clare

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2016
Sold by
Deppert Tara
Bought by
Groeschen Carl and Groeschen Christine

Purchase Details

Closed on
Aug 20, 2012
Sold by
Deppert Tara
Bought by
Deppert Tara

Purchase Details

Closed on
May 5, 2000
Sold by
Piccione Tara D
Bought by
Deppert Tara

Purchase Details

Closed on
Jul 1, 1999
Sold by
Piccione James B Tara D
Bought by
Piccione Tara D

Purchase Details

Closed on
Jan 28, 1994
Sold by
Jones Stanly W Iii Carol L
Bought by
Piccione James B Tara D

Purchase Details

Closed on
Aug 2, 1989
Sold by
Johnson James T
Bought by
Jones Stanly W Carol L

Purchase Details

Closed on
Jan 1, 1986
Sold by
Tinney John E Jo W
Bought by
Johnson James T

Purchase Details

Closed on
Apr 1, 1980
Bought by
Tinney John E Jo W
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 $1,825,000 None Listed On Document
Warranty Deed $1,825,000 None Listed On Document
Warranty Deed $816,500 None Available
Warranty Deed $336,500 None Available
Warranty Deed $560,000 None Available
Deed -- --
Deed -- --
Deed -- --
Deed $155,000 --
Deed $122,000 --
Deed $101,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Previous Owner $450,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $1,875,000 +2.7% $1,428 / Sq Ft
05/08/2025 05/08/25 Sold $1,825,000 -1.4% $1,390 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $1,850,000 +126.6% $1,409 / Sq Ft
06/24/2020 06/24/20 Sold $816,500 0.0% $544 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $816,500 -- $544 / 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
2024 $2,152 $793,800 $495,000 $298,800
2023 $2,152 $793,800 $495,000 $298,800
2022 $2,172 $793,800 $495,000 $298,800
2021 $2,252 $793,800 $495,000 $298,800
2020 $1,996 $584,900 $376,000 $208,900
2019 $1,996 $584,900 $376,000 $208,900
2018 $0 $584,900 $376,000 $208,900
2017 $2,040 $584,900 $376,000 $208,900
2016 $1,953 $516,600 $316,000 $200,600
2015 $1,826 $516,600 $316,000 $200,600
2014 $1,775 $516,600 $316,000 $200,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100503220

Hive MLS

APN: R05714-005-001-010