NOT LISTED FOR SALE

Estimated Value: $1,077,000 - $2,037,263

3 Beds
2.5 Baths
3,398 Sq Ft
$482/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $1,025,000 $302 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,471/month

70 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Views of a Sound
  • Boat Lift
  • Edwin A. Anderson Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of June 2020

This exquisite estate overlooking the Intracoastal Waterway is one of the finest examples contemporary construction available on the market today. Designed by Pfirman Architecture and built by Zapple Construction, this sprawling compound on an acre of land will blow you away with its attention to detail and amenities. In addition to the primary living quarters, the estate features a separate guest quarters with kitchenette and a full bath, perfect for the long term guest. This home and dock scoffed at Hurricane Florence and reported no leaks and no damage in the wake of North Carolina's most devastating storm event. The dock is capable of housing boats up to 40 feet in the wetslip and also includes a 20,000 lb lift and kayak hoist. Also included is an elevator, 20kw whole-house

Last Agent to Sell the Property

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202 Listed on: 03/12/2020

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202 Listed on: 03/12/2020

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,673

Year Built

  • Built in 2001

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 96x584x90x542
  • Waterfront
  • Sprinkler System
  • Property is zoned R20

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,398 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Gas Log Fireplace
  • Thermal Windows
  • Shutters
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Second Kitchen
  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bedroom Suite
  • Low Flow Toliet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Access Panel

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows

Parking

  • 7 Garage Spaces | 2 Attached and 5 Detached
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Doors
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Lift
  • Boat Slip
  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Power Generator
  • Propane
  • Well
  • Electric Water Heater
  • Water Softener
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R08200-005-045-000

Community Details

Overview

  • No Home Owners Association
  • Myrtle Grove Sound Subdivision

Recreation

  • Boat Dock

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,673

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2001
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination, Kitchen, Formal
  • Fireplace: 2
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 2nd Kitchen, Solid Surface, Wood Stove, Walk-in Shower, Sprinkler System, Elevator, Gas Logs, Foyer, Ceiling - Vaulted, Ceiling Fan(s), Apt/Suite, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 338.43
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 11
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Dining Room Level: Second
  • Family Room Level: Second
  • Laundry Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Other Level: First
  • Separate Living Spcs Guest House Desc: Separate Studio
  • Sq Ft Heated: 3398.00
  • Total Heated Primary Separate Sq Ft: 3398.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower, Thermal Windows, Thermal Doors, Storm Windows, Shutters - Functional, Shutters - Board/Hurricane, Security Lighting
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Gazebo, Shower, Workshop, Storage
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Patio, Porch, Deck
  • Road Type Frontage: Not Maintained, Unpaved
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Detached Garage Spaces: 5.00
  • Total Garage Spaces: 7.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Stove/Oven - Gas, Water Softener, Washer, Microwave - Built-In, Generator, Dryer, Disposal, Dishwasher
  • Cooling System: Attic Fans, Zoned, Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Wood Stove, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Geo Thermal

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1587.00
  • Lot Acres: 1.00
  • Lot Dimensions: 96x584x90x542
  • Lot Sq Ft: 43560.00
  • Lot Water Features: Boat Dock, Water Depth 4+, Deeded Water Access, Deeded Waterfront, Deeded Water Rights, Bulkhead, Boat Slip, Boat Lift
  • Zoning: R20
  • Lot View Type: ICW View, Sound View

Green Features

  • Green Bldg Features: Geo Thermal Heat, LED Lighting, High Eff Toilets

Tax Info

  • Tax Identifier: R08200-005-045-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jun 11, 2020
Sold by
Higgins Peter R
Bought by
Mcrae Joseph Keith and Mcrae Beverly Smith
Seller's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
Buyer's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
List Price
$1,150,000
Sold Price
$1,025,000
Premium/Discount to List
-$125,000
-10.87%
Current Estimated Value
$1,639,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,316
Avg. Annual Appreciation
9.23%

Purchase Details

Listed on
Oct 15, 2018
Closed on
Mar 26, 2019
Sold by
Morris Daniel M and Debreczeni Anne
Bought by
Higgins Peter R
Seller's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
Buyer's Agent
Bob McCorkle
Intracoastal Realty Corp
List Price
$1,250,000
Sold Price
$980,000
Premium/Discount to List
-$270,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$784,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2015
Sold by
Morris Daniel Miller
Bought by
Morris Daniel M and The Successors In Trust

Purchase Details

Closed on
Jan 7, 2003
Sold by
Morris Daniel Miller
Bought by
Bozeman Edward W

Purchase Details

Closed on
Aug 4, 1999
Sold by
Bozeman Ernest Elaine
Bought by
Morris Daniel Miller

Purchase Details

Closed on
Jan 1, 1974
Bought by
Bozeman Ernest Elaine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcrae Joseph Keith $1,042,000 None Available
Higgins Peter R $980,000 None Available
Morris Daniel M -- None Available
Bozeman Edward W -- --
Morris Daniel Miller $200,000 --
Bozeman Ernest Elaine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcrae Joseph Keith $1,000,000
Previous Owner Higgins Peter R $784,000
Previous Owner Morris Daniel M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $1,025,000 -10.9% $302 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $1,150,000 +17.3% $338 / Sq Ft
04/11/2019 04/11/19 Sold $980,000 -21.6% $288 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $1,250,000 -- $368 / 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 $6,673 $1,263,100 $697,700 $565,400
2022 $6,731 $1,263,100 $697,700 $565,400
2021 $6,927 $1,263,100 $697,700 $565,400
2020 $7,476 $1,181,900 $494,700 $687,200
2019 $7,476 $1,181,900 $494,700 $687,200
2018 $7,476 $1,181,900 $494,700 $687,200
2017 $7,653 $1,181,900 $494,700 $687,200
2016 $6,898 $995,400 $494,700 $500,700
2015 $6,410 $995,400 $494,700 $500,700
2014 $6,046 $955,200 $494,700 $460,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100208814

Hive MLS

APN: R08200-005-045-000