NOT LISTED FOR SALE

1625 Futch Creek Rd Wilmington, NC 28411

Estimated Value: $3,236,000 - $6,221,000

4 Beds
4.5 Baths
5,378 Sq Ft
$936/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $5,277,000 $981 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $27,856/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Intracoastal View
  • Porters Neck Elementary School Rated A-
  • Boat Slip
  • Home Theater

About This Home

As of September 2020

Floor-to-ceiling glass in the living room's east- and west facing walls makes this modern estate the ultimate coastal getaway. Aptly-named ''On Water'', the home is uniquely situated on a knob in the creek, surrounded by water on three sides, and promises views of both sunrise and sunset reflecting off the water. Designed by Wilmington architect, Michael Kersting, this home is an architectural wonder providing a seamless blend between indoors and out.The formal dining room is uniquely centralized and extends from the living room to an eat-in kitchen featuring a travertine island, to a gracious screened in porch offering sweeping views of the water. Ample open space and a secondary scullery kitchen mean you'll always be ready for entertaining. The double-sided fireplace is a cozy reminder of a time gone by--the only original element left from the renovation in honor of the late Bishop of East Carolina and his wife who built the original home and lived out their golden years on this property. The creek-side master suite showcases his and hers closets and a ''wet room'' where the shower and tub are housed together for a spa-like experience. Wrap-around tiled porches extend nearly the entire perimeter of the home offering a variety of areas to relax or entertain.The nautical guest house is a mastery of efficiency with built-in cabinets, pocket doors, and custom queen-sized bunk beds. Featuring three bedrooms--each with ensuite bath--this 2,000+ square foot dwelling will provide elegant accommodations for friends and family. Your guests will enjoy the saltwater pool, cabana, and garage-turned-game-room, not to mention the unrivaled water views at high tide.

Last Agent to Sell the Property

Tory Kuehner

Compass Carolinas LLC License #301672 Listed on: 08/04/2020

Compass Carolinas LLC

Last Buyer's Agent

Nick Phillips

Landmark Sotheby's International Realty License #250213

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,986

Year Built

  • Built in 2014

Lot Details

  • 3.6 Acre Lot
  • Waterfront
  • Wood Fence
  • Irrigation
  • Property is zoned R-20S

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 5,378 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Blinds
  • Formal Dining Room
  • Home Theater
  • Intracoastal Views
  • Crawl Space

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Attic Access Panel
  • Pull Down Stairs to Attic

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boat Slip
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R02920-001-005-000

Community Details

Overview

  • No Home Owners Association
  • Porters Neck Plantation Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,986

Year Built

Built in 2014

Lot Details

0

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
  • Year Built: 2014
  • Road Frontage Type: Creek
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Stairs - Pull Down, Floored
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Carpet, Wood, Tile, Concrete
  • Heated Sq Ft: 5000 - 5499
  • Interior Amenities: Blinds/Shades, Sound System, Whirlpool, Wet Bar, Walk-In Closet(s), Pantry, Home Theater, Master Downstairs, Hot Tub, Ceiling Fan(s)
  • Laundry Location: Laundry Room
  • List Price per Sq Ft: 733.30
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Sq Ft Heated: 5378.00
  • Sq Ft Heated Separate: 2091.00
  • Total Heated Primary Separate Sq Ft: 7469.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick Veneer, Wood Siding
  • Exterior Structures: Shower, Storage
  • Fencing: Wood
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony, Patio, Screened, Porch, Open, Deck, Enclosed
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Circular Driveway, On Site

Utilities

  • Appliances Equipment: Built-In Microwave, Dishwasher, Washer, Refrigerator, Ice Maker, Gas Oven, Dryer, Disposal
  • Cooling System: Central Air
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 282.00
  • Lot Acres: 3.60
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 156816.00
  • Lot Water Features: Boat Dock, Deeded Water Rights, Boat Slip
  • Zoning: R-20S
  • Lot View Type: Creek/Stream, ICW View, Water, Ocean

Green Features

  • Green Bldg Features: Tankless Water Heater

Tax Info

  • Tax Identifier: R02920-001-005-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Sep 14, 2020
Sold by
Ledba Douglas R
Bought by
Futch Creek Llc
Seller's Agent
Tory Kuehner
Compass Carolinas LLC
Buyer's Agent
Nick Phillips
Landmark Sotheby's International Realty
List Price
$5,477,000
Sold Price
$5,277,000
Premium/Discount to List
-$200,000
-3.65%
Current Estimated Value
$5,034,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$242,871
Avg. Annual Appreciation
-0.93%

Purchase Details

Closed on
Jul 20, 2011
Sold by
Kubeck Bruce A
Bought by
Lebda Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2003
Sold by
Kubeck Bruce A Jacquelyn J
Bought by
Carolina Power & Light Co

Purchase Details

Closed on
Nov 5, 2002
Sold by
Thjj Wright Partnership
Bought by
Kubeck Bruce A Jacquelyn J

Purchase Details

Closed on
Oct 4, 2002
Sold by
Wright Bishop Thomas H Trust
Bought by
Thjj Wright Partnership

Purchase Details

Closed on
Apr 11, 1992
Sold by
Wright Thomas H Hannah K
Bought by
Wright Thomas H Bishop Trustee

Purchase Details

Closed on
Jan 1, 1966
Sold by
Price Charles L Jr Dorothy
Bought by
Wright Thomas H Hannah K
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
Futch Creek Llc $5,277,000 None Available
Lebda Douglas R $2,350,000 None Available
Carolina Power & Light Co -- --
Kubeck Bruce A Jacquelyn J $1,212,500 --
Thjj Wright Partnership -- --
Wright Thomas H Bishop Trustee -- --
Wright Thomas H Hannah K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lebda Douglas R $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $5,277,000 -3.7% $981 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $5,477,000 -- $1,018 / 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 $13,986 $2,662,600 $910,400 $1,752,200
2022 $14,113 $2,662,600 $910,400 $1,752,200
2021 $14,590 $2,662,600 $910,400 $1,752,200
2020 $10,361 $1,638,100 $557,300 $1,080,800
2019 $10,361 $1,638,100 $557,300 $1,080,800
2018 $10,361 $1,638,100 $557,300 $1,080,800
2017 $10,607 $1,638,100 $557,300 $1,080,800
2016 $12,013 $1,733,500 $557,300 $1,176,200
2015 $11,669 $1,811,900 $557,300 $1,254,600
2014 $5,246 $828,800 $390,100 $438,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100230020

Hive MLS

APN: R02920-001-004-000