NOT LISTED FOR SALE

1512 Marsh Cove Ln Wilmington, NC 28409

Estimated Value: $1,316,000

3 Beds
3.5 Baths
2,724 Sq Ft
$483/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $1,315,000 $483 Per Sq Ft

Current estimated payment $7,035/month

15 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Heyward C. Bellamy Elementary School Rated A-
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of July 2024

Welcome to your dream home at 1512 Marsh Cove Ln, a breathtaking brand-new residence nestled in a tranquil enclave of Wilmington's picturesque coastline. This architectural gem offers unmatched elegance, comfort, and panoramic views, making it the ideal retreat for coastal living.Spanning 3 levels, this exquisite home features 3 bedrooms, 3.5 bathrooms, and a dedicated office space, all thoughtfully designed to accommodate your family and guests in style and luxury. The home has 2724 sq ft plus an additional 603 sq ft off the garage for a total of 3327 heated sq ft. The expansive open floor plan seamlessly connects the living areas, creating an inviting ambiance perfect for entertaining. The living room and kitchen showcase vaulted ceilings and offer magnificent water views, enhancing the home's spacious and sophisticated atmosphere. An elevator services all floors, from the 2-car garage to the top level, ensuring convenience and accessibility.Revel in the coastal breeze and spectacular views from the generous covered decks at the front and rear of the home, perfect for outdoor relaxation and gatherings. The master bedroom, bathroom, and water-facing decks provide tranquil vistas of the coastal landscape, creating a serene haven within your own home. The crowning feature of this residence is the expansive widow's watch, offering stunning 360-degree views of the surrounding coastal splendor, ideal for enjoying sunrises, sunsets, and stargazing.The large fenced-in yard offers a spacious area for outdoor activities, pets, and the potential for adding an inground pool, transforming it into your personal paradise. Located on a peaceful road, this home offers a private and serene setting while still being close to all that Wilmington has to offer.Experience the pinnacle of coastal living with luxury, comfort, and breathtaking views in a prime Wilmington location. Don't miss the chance to make 1512 Marsh Cove Ln your forever home.

Last Agent to Sell the Property

Jeremiah Barnett

Keller Williams Innovate-Wilmington License #299031 Listed on: 05/30/2024

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Lorri Shipston

Intracoastal Realty License #243002

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 2024

Lot Details

  • 0.35 Acre Lot
  • Property fronts a marsh
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Irrigation
  • Property is zoned R-15

Property Views

  • Ocean
  • Intracoastal

Home Design

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

Interior Spaces

  • 2,724 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Bellamy Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Shared Well
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R07908-003-074-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$682

Year Built

Built in 2024

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: Yes
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2024
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Kitchen Island, Ceiling - Vaulted, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 398.26
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 2724.00
  • Sq Ft Heated Separate: 603.00
  • Total Heated Primary Separate Sq Ft: 3327.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Wood, Privacy
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Patio, Porch, Covered, Deck
  • Road Type Frontage: Private, Unpaved
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central, Wall/Window Unit(s), Zoned, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Fireplace Insert, Zoned, Heat Pump, Forced Air, Fireplace(s)
  • Utilities: Municipal Sewer, Well Water, Shared Well
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1490.00
  • Lot Acres: 0.35
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 15246.00
  • Lot Water Features: Third Row
  • Zoning: R-15
  • Lot View Type: ICW View, Water View, Ocean View, Marsh View

Tax Info

  • Tax Identifier: R07908-003-074-000
  • Tax Year: 2023

MLS Schools

  • Elementary School: Bellamy
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 10, 2024
Sold by
Empower Property Group Llc
Bought by
Morris Melissa
Seller's Agent
Jeremiah Barnett
Keller Williams Innovate-Wilmington
Buyer's Agent
Lorri Shipston
Intracoastal Realty
List Price
$1,325,000
Sold Price
$1,315,000
Premium/Discount to List
-$10,000
-0.75%
Views
25
Current Estimated Value
$1,316,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000
Avg. Annual Appreciation
0.06%
Original Mortgage
$766,550
Outstanding Balance
$756,711
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$559,289

Purchase Details

Closed on
Oct 3, 2023
Sold by
Steadman Grant W
Bought by
Steadman Grant W and Steadman Caroline Page

Purchase Details

Closed on
Aug 17, 2023
Sold by
Storehouse Holdings Llc
Bought by
Empower Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2023
Sold by
Brella Llc
Bought by
Storehouse Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2023
Sold by
Dyc Llc
Bought by
Brella Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2002
Sold by
Hobbs Stephen L Lisa
Bought by
Dyc Llc

Purchase Details

Closed on
Dec 2, 1999
Sold by
Hobbs Jr James H
Bought by
Hobbs Stephen L

Purchase Details

Closed on
Dec 31, 1996
Sold by
Hobbs Mildred B
Bought by
Hobbs James H
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Morris Melissa $1,315,000 None Listed On Document
Steadman Grant W -- None Listed On Document
Steadman Grant W -- None Listed On Document
Empower Property Group Llc -- None Listed On Document
Storehouse Holdings Llc $535,000 None Listed On Document
Brella Llc $450,000 None Listed On Document
Dyc Llc $270,000 --
Hobbs Stephen L -- --
Hobbs James H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Melissa $766,550
Previous Owner Storehouse Holdings Llc $1,102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $1,315,000 -0.8% $483 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $1,325,000 -- $486 / 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
2025 $682 $1,329,700 $291,700 $1,038,000
2024 $682 $130,600 $130,600 $0
2023 $0 $165,200 $165,200 $0
2022 $871 $165,200 $165,200 $0
2021 $904 $165,200 $165,200 $0
2020 $1,202 $190,100 $190,100 $0
2019 $1,202 $190,100 $190,100 $0
2018 $1,202 $190,100 $190,100 $0
2017 $1,231 $190,100 $190,100 $0
2016 $1,317 $190,100 $190,100 $0
2015 $1,224 $190,100 $190,100 $0
2014 $1,203 $190,100 $190,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100447615

Hive MLS

APN: R07908-003-074-000