NOT LISTED FOR SALE

1517 Black Chestnut Dr Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $1,105,000 - $1,636,000

4 Beds
4.5 Baths
2,874 Sq Ft
$502/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $1,339,000 $466 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,537/month

Highlights

  • On Golf Course
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Wrightsville Beach Elementary School Rated A-
  • Gated Community
  • Attic

About This Home

As of November 2022

*FOR SALE PURPOSES ONLY*

Last Agent to Sell the Property

A Non Member

A Non Member Listed on: 11/04/2022

Last Buyer's Agent

Donna Waller

Corcoran HM Properties License #295463

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,826

Year Built

  • Built in 2015

Lot Details

  • 0.47 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Fenced Yard
  • Decorative Fence
  • Open Lot
  • Property is zoned R-20

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,874 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Formal Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R05114-009-103-000

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Park
  • Trails

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,826

Year Built

Built in 2015

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2015
  • Trash Collection: Private Service
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: LVT/LVP
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Gas Logs, Pantry, Kitchen Island, Ceiling Fan(s), Ceiling - Trey, Bookcases, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 465.90
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Sq Ft Heated: 2874.00
  • Total Heated Primary Separate Sq Ft: 2874.00

Exterior Features

  • Exterior Features: Gas Logs, Security Lighting, Thermal Windows
  • Exterior Finish: Brick
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, On Site, Garage Door Opener

Utilities

  • Appliances Equipment: Cooktop - Gas, Stove/Oven - Electric, Washer, Vent Hood, Self Cleaning Oven, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher
  • Cooling System: Central, Zoned, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Natural Gas Available, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Park, Trail(s), Taxes, Security, Playground, Picnic Area, Gated, Management, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 3764.00

Lot Info

  • Deed Page: 562.00
  • Lot Acres: 0.47
  • Lot Description: On Golf Course, Open
  • Lot Dimensions: irregular
  • Lot Sq Ft: 20647.00
  • Lot Water Features: None
  • Plat Book: 40
  • Plat Page: 170
  • Zoning: R-20

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R05114-009-103-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 6825.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 28, 2022
Sold by
Hawkins Duane Lee and Hawkins Margaret Mary
Bought by
Arakelian Peter A and Arakelian Lisa A
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
Donna Waller
Corcoran HM Properties
List Price
$1,339,000
Sold Price
$1,339,000
Views
1
Current Estimated Value
$1,443,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,199
Avg. Annual Appreciation
2.70%
Original Mortgage
$400,000
Outstanding Balance
$373,304
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$1,069,895

Purchase Details

Listed on
Feb 27, 2015
Closed on
Feb 27, 2015
Sold by
Hagood Homes Inc
Bought by
Hawkins Duane Lee and Hawkins Margaret Mary
Seller's Agent
Kevin Hine
Threshold Realty Corp.
Buyer's Agent
Becky Spivey
Landfall Realty, LLC
List Price
$786,326
Sold Price
$786,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$629,060
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2013
Closed on
Apr 28, 2014
Sold by
Monge Peter W and Monge Catherine L
Bought by
Hagood Homes Inc
Seller's Agent
Martie Davy
Landfall Realty, LLC
Buyer's Agent
Troy Kenny
Hagood Homes Realty, Inc
List Price
$249,900
Sold Price
$220,000
Premium/Discount to List
-$29,900
-11.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
391.45%
Original Mortgage
$200,000
Interest Rate
4.43%
Mortgage Type
Construction

Purchase Details

Closed on
May 10, 2005
Sold by
Bill Clark Homes Of Wilmington Llc
Bought by
Monge Peter W and Monge Catherine L

Purchase Details

Closed on
Aug 6, 2003
Sold by
Landfall Associates Llc
Bought by
Bill Clark Homes Of Wilm Llc

Purchase Details

Closed on
Jul 22, 2003
Sold by
Landfall Associates
Bought by
Landfall Associates Llc

Purchase Details

Closed on
Jul 1, 1987
Sold by
Landfall Associates
Bought by
Landfall Associates

Purchase Details

Closed on
Dec 1, 1986
Sold by
Akers Anthony B Jane Pope
Bought by
Landfall Associates
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
Arakelian Peter A $1,339,000 --
Hawkins Duane Lee $786,500 None Available
Hagood Homes Inc $220,000 None Available
Monge Peter W $279,000 None Available
Bill Clark Homes Of Wilm Llc $601,000 --
Landfall Associates Llc $9,281,000 --
Landfall Associates -- --
Landfall Associates $4,246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arakelian Peter A $400,000
Previous Owner Hawkins Duane Lee $629,060
Previous Owner Hagood Homes Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 For Sale $1,339,000 0.0% $466 / Sq Ft
11/29/2022 11/29/22 Sold $1,339,000 +70.3% $466 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
02/27/2015 02/27/15 Sold $786,326 0.0% $274 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $786,326 +257.4% $274 / Sq Ft
05/12/2014 05/12/14 Sold $220,000 -12.0% --
04/08/2014 04/08/14 Pending -- -- --
05/22/2013 05/22/13 For Sale $249,900 -- --
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 $7,218 $803,000 $303,100 $499,900
2022 $6,826 $803,000 $303,100 $499,900
2021 $6,872 $803,000 $303,100 $499,900
2020 $7,749 $735,600 $188,200 $547,400
2019 $7,749 $735,600 $188,200 $547,400
2018 $7,749 $735,600 $188,200 $547,400
2017 $7,749 $735,600 $188,200 $547,400
2016 $7,678 $693,000 $183,800 $509,200
2015 $5,799 $547,600 $183,800 $363,800
2014 $1,864 $183,800 $183,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100361477

Hive MLS

APN: R05114-009-103-000