NOT LISTED FOR SALE

2008 Pelican Reach Place Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $2,938,531 - $3,018,000

5 Beds
5.5 Baths
6,313 Sq Ft
$472/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $2,320,000 $367 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $19,524/month

30 Days on Market

Highlights

  • On Golf Course
  • Home Theater
  • 1.33 Acre Lot
  • Wrightsville Beach Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of April 2021

Presented for sale is an architectural gem in the premiere coastal neighborhood of Landfall. This Nantucket farmhouse vernacular style home is beautifully situated on 1.3 acres of land that is located on the 9th hole of the Nicklaus Marsh Course. It takes in deep views of the golf course and spectacular sunrises while maintaining privacy. The proportions of this house are grand yet intimate with bold architectural elements like curving paneled walls, coffered ceilings and thick trim profiles. As you enter the home your eye is immediately drawn through the expansive wall of windows and French doors to the resort style pool and backyard area. Off the generous foyer you'll find an open sunny living room with a fireplace overlooking the backyard. The large kitchen is the heart of the home and is designed to entertain in a big way featuring a huge island overlooking the hearth room. The kitchen also features a Subzero refrigerator, Wolf double ovens, pantry, and wet bar servicing the dining room. The hearth room is spectacular with a beamed tongue and groove ceiling centered on a stack-stoned wood burning fireplace with gas start. You enter the owner's suite off the main house through a charming and relaxing sitting room with its own fireplace. The master bath has dual vanities, large soaking tub and two person shower and there is a large walk-in closet with custom cabinetry with plenty of storage. The owner's suite also has a private entrance to the pool through a cover patio. The vernacular design elements are repeated upstairs where there is a feeling that the three bedrooms with ensuite bathrooms are tucked into the roof structure giving a cozy feeling while possessing all modern amenities. At the landing to the bedroom level there is a spacious sitting room with a built-in daybed area to accommodate sleepovers or studying.

Last Agent to Sell the Property

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 02/12/2021

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Michelle Clark

Intracoastal Realty Corp License #237024

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,758

Year Built

  • Built in 2007

Lot Details

  • 1.33 Acre Lot
  • Lot Dimensions are 307x147x320x231
  • On Golf Course
  • Fenced Yard
  • Decorative Fence
  • Property is zoned R-20

HOA Fees

  • $293 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Wood Siding
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 6,313 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Crawl Space
  • Intercom
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15R
  • Assessor Parcel Number R05110008028000

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Trails

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,758

Year Built

Built in 2007

Lot Details

0

HOA Fees

$293 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: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 3+
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 6000 - 6499
  • Interior Amenities: 1st Floor Master, Solid Surface, Wet Bar, Walk-In Closet, Walk-in Shower, Pantry, Foyer, Intercom/Music, Hot Tub, Home Theater, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 385.71
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 13
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Breakfast Nook Level: First
  • Den Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Media Room Level: Second
  • Other Level: First
  • Sq Ft Heated: 6313.00
  • Total Heated Primary Separate Sq Ft: 6313.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick, Wood Siding, Stone
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony, Patio, Screened, Porch, Open, Covered, Enclosed, Deck
  • Road Type Frontage: Maintained, Paved
  • Roof: See Remarks
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Vent Hood, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Picnic Area, Trail(s), Taxes, Street Lights, Sidewalk, Security, Playground, Management, Maint - Roads, Maint - Grounds
  • HOAAssociationFee1Year: 3513.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1404.00
  • Lot Acres: 1.33
  • Lot Description: On Golf Course
  • Lot Dimensions: 307x147x320x231
  • Lot Number: 15R
  • Lot Sq Ft: 57935.00
  • Plat Book: 40
  • Plat Page: 230
  • Zoning: R-20

Tax Info

  • Tax Identifier: R05110008028000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 4616.68
  • Total Real Estate Property Taxes: 9757.64

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 8, 2021
Sold by
Sweyer Richard David and Sweyer Amy
Bought by
Mansfield William L and Mansfield Patricia S
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Michelle Clark
Intracoastal Realty Corp
List Price
$2,435,000
Sold Price
$2,320,000
Premium/Discount to List
-$115,000
-4.72%
Current Estimated Value
$2,982,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,177
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Landfall Associates
Bought by
Rountree George Iii Sylvia H

Purchase Details

Closed on
May 21, 1998
Sold by
Landfall Associtates
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
Jul 1, 1987
Bought by
Landfall Associates
Source: Public Records

Range of Values:

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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
Mansfield William L $2,320,000 None Available
Rountree George Iii Sylvia H $309,500 --
New Han Cnty Water/Sewer -- --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sweyer Richard David $495,000
Previous Owner Sweyer Richard David $170,000
Previous Owner Sweyer Richard D $1,050,000
Previous Owner Sweyer Richard David $71,000
Previous Owner Sweyer Richard D $1,360,000
Previous Owner Sweyer Richard D $1,453,000
Previous Owner Sweyer Richard D $1,475,000
Previous Owner Sweyer Richard D $1,500,000
Previous Owner Sweyer Richard D $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $2,320,000 -4.7% $367 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $2,435,000 -- $386 / 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 -- $1,473,100 $490,500 $982,600
2022 $0 $1,390,900 $490,500 $900,400
2021 $9,758 $1,390,900 $490,500 $900,400
2020 $9,758 $926,300 $322,000 $604,300
2019 $9,758 $926,300 $322,000 $604,300
2018 $9,758 $926,300 $322,000 $604,300
2017 $9,758 $926,300 $322,000 $604,300
2016 $13,628 $1,230,000 $201,300 $1,028,700
2015 $13,026 $1,230,000 $201,300 $1,028,700
2014 $12,472 $1,230,000 $201,300 $1,028,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100256515

Hive MLS

APN: R05110-008-028-000