NOT LISTED FOR SALE

Estimated Value: $2,868,000 - $4,413,232

4 Beds
5.5 Baths
6,881 Sq Ft
$493/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,900,000 $276 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $21,400/month

795 Days on Market

Highlights

  • Waterfront
  • On Golf Course
  • Lake View
  • Wrightsville Beach Elementary School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of July 2020

Seller has purchased his new home in Raleigh and says bring all offers! Casual elegance greets you upon entering this stunning Mediterranean style home boasting 180 degree views of Landfall's Dye #2 and Dye Lake! The luxurious tone is set as you enter through the gracious foyer with floating serpentine staircase. Every room in this 6,881 sqft home takes advantage of breathtaking views and is filled with an abundance of natural light. The gourmet kitchen offers Thermador appliances, a massive island with a built-in cooktop, and the built-in refrigerator blends seamlessly with the custom cabinetry. Living areas include a family room with a dining area open to the kitchen and a formal den that shares a double-sided gas fireplace. The relaxing rotunda sun room provides an ideal entertainment location with a domed ceiling, 180 degree views, Listing includes Choice Ultimate Home Warranty coverage for buyer.

Last Agent to Sell the Property

Team KBT Realty

Keller Williams Innovate-KBT Listed on: 04/20/2018

Last Buyer's Agent

Susan Lacy

Intracoastal Realty Corp License #108840

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,042

Year Built

  • Built in 2010

Lot Details

  • 0.88 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 6,881 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Lake Views
  • Crawl Space
  • Attic Floors
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number R05706-005-036-000

Community Details

Overview

  • Master Insurance
  • Landfall Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Waterfront
  • Community Basketball Court
  • Community Playground

Security

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,042

Year Built

Built in 2010

Lot Details

0

HOA Fees

$245 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: 2.0
  • Stories Levels: Two
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 6500 - 6999
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Pantry, Mud Room, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 326.99
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 4
  • Number Rooms: 14
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: First
  • Sq Ft Heated: 6881.00
  • Total Heated Primary Separate Sq Ft: 6881.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump, Zoned
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Picnic Area, Street Lights, Sidewalk, Security, Playground, Maint - Comm Areas, Master Insure, Management, Maint - Roads, Gated
  • HOAAssociationFee1Year: 2939.50

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1369.00
  • Lot Acres: 0.88
  • Lot Description: Cul-de-Sac Lot, On Golf Course
  • Lot Dimensions: Irregular
  • Lot Number: 46
  • Lot Sq Ft: 38389.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 15
  • Plat Page: 4G
  • Zoning: R-20
  • Lot View Type: Lake View, Water View

Tax Info

  • Tax Identifier: R05706-005-036-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 15042.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Jul 22, 2020
Sold by
Douglas Aubrey F
Bought by
Clark Phillip L and Clark Natalie D
Seller's Agent
Team KBT Realty
Keller Williams Innovate-KBT
Buyer's Agent
Susan Lacy
Intracoastal Realty Corp
List Price
$2,500,000
Sold Price
$1,900,000
Premium/Discount to List
-$600,000
-24%
Current Estimated Value
$3,393,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,493,308
Avg. Annual Appreciation
11.70%
Original Mortgage
$1,400,000
Outstanding Balance
$1,239,101
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,154,207

Purchase Details

Closed on
Jul 23, 2009
Sold by
Carter Wallace T and Carter Teresa A
Bought by
Douglas Aubrey Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2004
Sold by
Alper Jonathan Reba S
Bought by
Carter Wallace T Teresa A

Purchase Details

Closed on
Jan 15, 1999
Sold by
Landfall Associates
Bought by
Alper Jonathan Reba S

Purchase Details

Closed on
Jul 18, 1996
Sold by
Romer Arthur H Grace
Bought by
Alper Jonathan Reba S

Purchase Details

Closed on
Aug 1, 1985
Sold by
Landfall Associates
Bought by
Romer Arthur H Jr Grace L

Purchase Details

Closed on
Jul 1, 1985
Sold by
Landfall Dev Co
Bought by
Landfall Associates
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
Clark Phillip L $1,900,000 None Available
Douglas Aubrey Franklin $625,000 None Available
Carter Wallace T Teresa A $576,000 --
Alper Jonathan Reba S -- --
Alper Jonathan Reba S $276,000 --
Romer Arthur H Jr Grace L $70,000 --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Phillip L $1,400,000
Previous Owner Douglas Aubrey Franklin $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $1,900,000 -24.0% $276 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
04/20/2018 04/20/18 For Sale $2,500,000 -- $363 / 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 -- $3,242,600 $1,159,000 $2,083,600
2023 -- $1,944,600 $627,100 $1,317,500
2022 $0 $1,944,600 $627,100 $1,317,500
2021 $16,642 $1,944,600 $627,100 $1,317,500
2020 $15,041 $1,427,900 $332,400 $1,095,500
2019 $15,041 $1,427,900 $332,400 $1,095,500
2018 $15,041 $1,427,900 $332,400 $1,095,500
2017 $15,042 $1,427,900 $332,400 $1,095,500
2016 $15,104 $1,363,200 $201,400 $1,161,800
2015 $14,436 $1,363,200 $201,400 $1,161,800
2014 $13,823 $1,363,200 $201,400 $1,161,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100111953

Hive MLS

APN: R05706-005-036-000