NOT LISTED FOR SALE

1520 Black Chestnut Dr Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $1,561,137 - $1,766,000

4 Beds
4.5 Baths
4,549 Sq Ft
$373/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $979,000 $215 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,554/month

5 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Pond View
  • Wrightsville Beach Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of August 2020

Exquisite brick home located on Nicklaus #5 pines course with gorgeous pond views.

Last Agent to Sell the Property

Becky Spivey

Landfall Realty, LLC License #170698 Listed on: 07/03/2020

Last Buyer's Agent

Alison Bernhart

Landfall Realty, LLC License #129378

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,782

Year Built

  • Built in 2003

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 90x156x90x150
  • Property fronts a private road
  • On Golf Course
  • Sprinkler System
  • Property is zoned R-20

HOA Fees

  • $275 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,549 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Pond Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Built-In Microwave
  • Ice Maker

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Attic

  • Attic Fan
  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic
  • Partially Finished Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Screened Patio
  • Outdoor Gas Grill
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R05114-009-113-000

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,782

Year Built

Built in 2003

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Attic Fan, Walk-In, Stairs - Pull Down, Floored - Partial, Floored, Eave Storage
  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: 1st Floor Master, Security System, Whirlpool, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Smoke Detectors, Pantry, Hot Tub, Gas Logs, Foyer, Ceiling Fan(s), Ceiling - Trey, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 217.41
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 12
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bonus Room Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 4549.00
  • Total Heated Primary Separate Sq Ft: 4549.00

Exterior Features

  • Exterior Features: Gas Grill, Irrigation System
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Patio, Screened, Porch
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Double Oven, Stove/Oven - Gas, Refrigerator, Microwave - Built-In, Ice Maker, Downdraft
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: 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, Natural Gas Connected, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Picnic Area, Trail(s), Street Lights, Security, Playground, Maint - Comm Areas
  • HOAAssociationFee1Year: 3296.00

Lot Info

  • Deed Page: 441.00
  • Lot Acres: 0.32
  • Lot Description: On Golf Course
  • Lot Dimensions: 90X156X90X150
  • Lot Sq Ft: 13839.00
  • Zoning: R-20
  • Lot View Type: Pond View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R05114-009-113-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Macdonald Audrey W and Grant Macdonald P
Bought by
Macdonald Audrey W and Grant Macdonald P
Current Estimated Value
$1,697,534

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 19, 2020
Sold by
Barnet Richard K and Barnet Nancy J
Bought by
Macdonald Audrey W
Seller's Agent
Becky Spivey
Landfall Realty, LLC
Buyer's Agent
Alison Bernhart
Landfall Realty, LLC
List Price
$989,000
Sold Price
$979,000
Premium/Discount to List
-$10,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$150,000
Outstanding Balance
$135,138
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$1,496,856

Purchase Details

Closed on
Mar 10, 2003
Sold by
Landfall Associates
Bought by
Barnet Richard K Nancy J

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
Macdonald Audrey W -- None Available
Macdonald Audrey W $979,000 None Available
Barnet Richard K Nancy J $107,500 --
Landfall Associates -- --
Landfall Associates $4,246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnet Richard K $150,000
Previous Owner Barnet Richard K $832,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $979,000 -1.0% $215 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $989,000 -- $217 / 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 $3,782 $869,500 $269,200 $600,300
2022 $5,543 $869,500 $269,200 $600,300
2021 $3,721 $869,500 $269,200 $600,300
2020 $9,097 $863,600 $175,400 $688,200
2019 $9,097 $863,600 $175,400 $688,200
2018 $9,097 $863,600 $175,400 $688,200
2017 $9,097 $863,600 $175,400 $688,200
2016 $9,651 $871,000 $171,300 $699,700
2015 $9,224 $871,000 $171,300 $699,700
2014 $8,832 $871,000 $171,300 $699,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100225249

Hive MLS

APN: R05114-009-113-000