NOT LISTED FOR SALE

1507 Riverview Terrace Wilmington, NC 28401

Estimated Value: $1,548,000 - $1,918,000

5 Beds
3.5 Baths
4,019 Sq Ft
$426/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $1,707,000 $425 Per Sq Ft

Current estimated payment $9,875/month

37 Days on Market

Highlights

  • Marina
  • Community Cabanas
  • Fitness Center
  • Boat Dock
  • Boat Slip
  • Deep Water Access

About This Home

As of May 2024

Brand New Move in Ready this elegant residence features over 4000 square of coastal living, a 40 foot boat slip, 1300 sq feet of breathtaking southern porches that invite you to bask in breathtaking sunsets, water views and coastal beauty. Welcome to waterfront living at its finest with this exclusive gated community, Preservation Point. Designed by local award-winning architect, Scott Sullivan this home boasts 5 bedrooms, each thoughtfully designed to provide comfort and privacy. Spacious primary bedroom is on the main level overlooking the picturesque water with a generous walk-in closet and an expansive spa bath with a wet room and shower. A spa-like retreat within your own home.Enjoy seamless access to all levels of your coastal haven with a private elevator, combining luxury and convenience.The open floor plan includes a gourmet kitchen equipped with top-of-the-line appliances, creating the perfect setting for culinary enthusiasts and entertainers.Experience the pinnacle of entertainment with 5.1 surround sound throughout the residence, setting the stage for unforgettable gatherings.This home provides 4 garage spaces and an additional golf cart space, ensuring you have room for all your vehicles and recreational gear.Preservation Point offers a plethora of amenities such as a refreshing pool, walking trails, fitness center, and million dollar clubhouse, enriching your active lifestyle.The private island sanctuary features a marina, pickleball courts, kayak launches, frisbee, golf, grilling stations, and a dog park providing limitless opportunities for recreation and relaxation.Located just minutes from downtown Wilmington and local beaches, this exclusive enclave offers an unparalleled lifestyle of luxury and tranquility.Seize this rare opportunity to call Preservation Point home and live the epitome of luxury.9.6 miles to Wrightsville Beach3 miles to Historic Downtown 7.8 miles to Shopping in Mayfair

Last Agent to Sell the Property

Pamela Higgs

Kathryn Bruner Realty LLC Listed on: 03/08/2024

Last Buyer's Agent

Wade Wilson

Coldwell Banker Sea Coast Advantage-Midtown License #253396

Coldwell Banker Sea Coast Advantage-Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 2024

Lot Details

  • 3.21 Acre Lot
  • Lot Dimensions are 49x182x777x47x169x1066
  • Property fronts a marsh
  • River Front
  • Cul-De-Sac
  • Irrigation
  • Property is zoned R-5

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 4,019 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Theater
  • Game Room
  • River Views
  • Attic Access Panel

Kitchen

  • Built-In Self-Cleaning Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Lighted Parking
  • Aggregate Flooring
  • Garage Door Opener
  • Driveway
  • Additional Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors

Eco-Friendly Details

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

Outdoor Features

  • Deep Water Access
  • Boat Slip
  • Covered Patio or Porch

Location

  • Ground Level Unit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Programmable Thermostat
  • Natural Gas Connected
  • Co-Op Water
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R04100-011-328-000

Community Details

Overview

  • Cams Association, Phone Number (910) 256-2021
  • Preservation Point Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Party Room

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Pickleball Courts
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,856

Year Built

Built in 2024

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Concrete, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Doors, Elevator
  • New Construction: Yes
  • Stories: 3.0
  • Stories Levels: 3 Story or More, Ground
  • Year Built: 2024
  • Trash Collection: Private Service
  • Road Frontage Type: Marsh Front, River Front
  • Horses Y N: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination, Formal, Kitchen
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Ceiling - Trey, Ceiling Fan(s), Elevator, Foyer, Gas Logs, Home Theater, Intercom/Music, Kitchen Island, Pantry, Smoke Detectors, Solid Surface, Walk-in Shower, Wet Bar
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 466.53
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Sq Ft Heated: 4019.00
  • Total Heated Primary Separate Sq Ft: 4019.00

Exterior Features

  • Exterior Features: Gas Logs, Irrigation System, Thermal Doors, Thermal Windows
  • Exterior Finish: Fiber Cement, See Remarks
  • Fencing: None
  • Foundation: Block, Raised, Slab
  • On Site Pool Spa: See Remarks
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle, Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 4.00
  • Garage And Parking Driveway Spaces: 3.00
  • Garage And Parking Other See Remarks: Golf cart space
  • Total Garage Spaces: 4.00
  • Parking Driveway: Additional Parking, Aggregate, Concrete, Garage Door Opener, Lighted, On Site

Utilities

  • Appliances Equipment: Bar Refrigerator, Convection Oven, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Microwave - Built-In, Self Cleaning Oven, Vent Hood, Wall Oven
  • Cooling System: Central, Heat Pump, Zoned
  • Fuel Tank: None
  • Heating System: Fireplace Insert, Fireplace(s), Forced Air, Heat Pump, Zoned
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Community Sewer, Community Water, Municipal Sewer, Municipal Water, Natural Gas Connected
  • Water Heater: Natural Gas, Tankless
  • Internet Service Provider: AT&T, Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Billiard Room, Boat Dock, Boat Slip - Assign, Cabana, Cable, Clubhouse, Community Pool, Fitness Center, Game Room, Gated, Heating/Cooling, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Marina, Park, Party Room, Pickleball, Picnic Area, Sidewalk, Street Lights, Trail(s), Water
  • HOAAssociationFee1Year: 2000.00
  • HOAAssociationName: CAMS
  • HOAAssociationPhone: 9102562021

Lot Info

  • Deed Page: 392.00
  • Lot Acres: 3.21
  • Lot Description: Cul-de-Sac Lot, See Remarks
  • Lot Dimensions: 49x182x777x47x169x1066
  • Lot Sq Ft: 139636.00
  • Lot Water Features: Boat Dock, Boat Slip, Water Depth 4+, Waterfront Comm
  • Plat Book: 6502
  • Plat Page: 392
  • Zoning: R-5
  • Lot View Type: Marsh View, River View, Water View

Green Features

  • Green Bldg Features: Energy Star Appl, High Eff Toilets, LED Lighting, Prog Thermostats, Tankless Water Heater

Tax Info

  • Tax Identifier: R04100-011-328-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1856.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 16, 2024
Sold by
Preservation Point Partners Ll
Bought by
Jones Jeffrey Scott and Rose-Jones Lisa Jeannette
Seller's Agent
Pamela Higgs
Kathryn Bruner Realty LLC
Buyer's Agent
Wade Wilson
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$1,875,000
Sold Price
$1,707,000
Premium/Discount to List
-$168,000
-8.96%
Views
145
Current Estimated Value
$1,713,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,419
Avg. Annual Appreciation
0.30%
Original Mortgage
$1,364,800
Outstanding Balance
$1,346,705
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$366,714

Purchase Details

Closed on
Oct 12, 2021
Sold by
Preservation Point Partners Llc
Bought by
Higgs Joseph L and Higgs Pamela I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,915
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Jones Jeffrey Scott -- None Listed On Document
Rose-Jones Lisa Jeannette $1,706,000 None Listed On Document
Higgs Joseph L $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose-Jones Lisa Jeannette $1,364,800
Previous Owner Higgs Joseph L $254,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,707,000 -9.0% $425 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $1,875,000 -- $467 / 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 $4,677 $881,100 $355,100 $526,000
2023 $4,677 $355,100 $355,100 $0
2022 $1,873 $355,100 $355,100 $0
2021 $0 $355,100 $355,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100431684

Hive MLS

APN: R04100-001-328-000