NOT LISTED FOR SALE

Estimated Value: $1,780,000 - $3,120,000

4 Beds
5.5 Baths
5,295 Sq Ft
$512/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $2,108,808 $398 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $15,327/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Boat Dock
  • Roland-Grise Middle School Rated A-
  • Ocean View
  • Boat Lift

About This Home

As of July 2017

Looking for the most amazing location in Wilmington? Look no further! Shandy Point is it. This majestic 5300 sq ft home features 4 beds, 5.5 baths, &multiple flex spaces.The floor plan lends itself perfectly to entertaining family & friends w/an additional kitchen &living area on the 1st floor, adjacent to a spacious guest suite, all opening to an opulent lagoon-shaped pool with spa, flocked by palm trees. Walk just beyond the pool to the boat basin and your two 30' boat slips-one floating, one lift. The second floor is your main living area w/kitchen opening to grilling deck w/views, bed w/bath, study, &another bed w/kitchenette & optional separate entrance from the two-car garage.

Last Agent to Sell the Property

Carla Lewis

Intracoastal Realty Corp License #261273 Listed on: 06/23/2017

Intracoastal Realty Corp

Last Buyer's Agent

Sam Pate

Coldwell Banker Commercial Sun Coast Partners, LLC

Coldwell Banker Commercial Sun Coast Partners, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 0.46 Acre Lot
  • Property is Fully Fenced
  • Decorative Fence
  • Brick Fence
  • Corner Lot
  • Irrigation
  • Property is zoned R-20

Property Views

  • Ocean
  • Views of a Sound
  • Marina
  • Intracoastal

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 5,295 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Thermal Windows
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Workshop
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bedroom Suite
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Property is near a marina
  • Boat Lift
  • Boat Slip
  • Balcony
  • Deck
  • Open Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outdoor Gas Grill
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R06309-001-004-000

Community Details

Overview

  • No Home Owners Association
  • Shandy Point Subdivision

Recreation

  • Boat Dock
  • Waterfront

Home Details

Home Type

Single Family

Year Built

Built in 1999

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: 1.0
  • Stories Levels: 3 Story or More
  • Year Built: 1999
  • Road Frontage Type: Marina Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 3+
  • Flooring: Tile, Wood
  • Heated Sq Ft: 5000 - 5499
  • Interior Amenities: 2nd Kitchen, Security System, Workshop, Whirlpool, Wet Bar, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Elevator, Home Theater, Gas Logs, Ceiling - Vaulted, Ceiling Fan(s), Apt/Suite, 9Ft+ Ceilings
  • List Price per Sq Ft: 424.93
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 4
  • Number Rooms: 13
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Dining Room Level: Second
  • Family Room Level: First
  • Kitchen Level: Second
  • Laundry Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Office Level: Second
  • Other Level: First
  • Sq Ft Heated: 5295.00
  • Total Heated Primary Separate Sq Ft: 5295.00

Exterior Features

  • Exterior Features: Gas Grill, Irrigation System, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Storage, Workshop
  • Fencing: Brick, Metal/Ornamental, Full
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony, Open, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Circular

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Gas, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 881.00
  • Lot Acres: 0.46
  • Lot Description: Corner Lot
  • Lot Dimensions: irregular
  • Lot Sq Ft: 20038.00
  • Lot Water Features: Boat Dock, Water Depth 4+, Waterfront Comm, Deeded Water Access, Deeded Water Rights, Boat Slip, Boat Lift
  • Plat Book: 5611
  • Plat Page: 1326
  • Zoning: R-20
  • Lot View Type: ICW View, Water View, Sound View, Ocean View, Marina View

Tax Info

  • Tax Identifier: R06309-001-004-000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 18, 2017
Sold by
Albert Deborah L
Bought by
Pate Jonas J and Pate Jennifer L
Seller's Agent
Carla Lewis
Intracoastal Realty Corp
Buyer's Agent
Sam Pate
Coldwell Banker Commercial Sun Coast Partners, LLC
List Price
$2,250,000
Sold Price
$2,108,808
Premium/Discount to List
-$141,192
-6.28%
Current Estimated Value
$2,711,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,474
Avg. Annual Appreciation
3.13%
Original Mortgage
$1,500,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2012
Sold by
Albert Deborah L
Bought by
Albert Deborah L and The Deborah L Albert Revocable Trust

Purchase Details

Closed on
Sep 22, 2010
Sold by
Bullard James Don
Bought by
Albert Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,598,920
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1999
Sold by
Bullard J Don Ii Rebecca H
Bought by
Bullard Ii J Don

Purchase Details

Closed on
Aug 25, 1998
Sold by
Callaway S Clayton Jr Virginia
Bought by
Bullard James Don Rebecca H

Purchase Details

Closed on
Sep 1, 1984
Sold by
Callaway Jr S Clayton
Bought by
Callaway Virginia A

Purchase Details

Closed on
Jan 1, 1982
Sold by
Shandy Point Dev Co
Bought by
Callaway S Clayton

Purchase Details

Closed on
Mar 1, 1974
Bought by
Callaway Dr Clayton S
Source: Public Records

Range of Values:

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Sold Price
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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
Pate Jonas J $2,109,000 None Available
Albert Deborah L -- None Available
Albert Deborah L $2,000,000 None Available
Bullard Ii J Don -- --
Bullard James Don Rebecca H $450,000 --
Callaway Virginia A $500 --
Callaway S Clayton -- --
Shandy Point Dev Co -- --
Callaway Dr Clayton S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pate Jonas J $1,625,500
Closed Pate Jonas J $300,000
Closed Pate Jonas J $1,500,000
Previous Owner Deborah L Albert Revocable Trust $1,478,028
Previous Owner Albert Deborah L $1,598,920
Previous Owner Bullard Ii James Don $650,000
Previous Owner Bullard Ii James Don $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $2,108,808 -6.3% $398 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $2,250,000 -- $425 / 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 -- $1,252,800 $500,500 $752,300
2023 $10,586 $1,252,800 $500,500 $752,300
2022 $0 $1,252,800 $500,500 $752,300
2021 $10,721 $1,252,800 $500,500 $752,300
2020 $12,464 $1,183,200 $403,200 $780,000
2019 $12,464 $879,200 $403,200 $476,000
2018 $9,261 $879,200 $403,200 $476,000
2017 $12,464 $1,183,200 $403,200 $780,000
2016 $9,834 $887,500 $350,200 $537,300
2015 $9,399 $887,500 $350,200 $537,300
2014 $8,999 $887,500 $350,200 $537,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100069756

Hive MLS

APN: R06309-001-004-000