NOT LISTED FOR SALE

2241 Masons Point Place Wilmington, NC 28405

Landfall Neighborhood

Estimated Value: $2,011,000 - $2,380,000

3 Beds
6 Baths
4,241 Sq Ft
$531/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $1,450,000 $342 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $13,362/month

3 Days on Market

Highlights

  • Ocean View
  • On Golf Course
  • Gated Community
  • Wrightsville Beach Elementary School Rated A-
  • Home fronts a creek
  • 0.98 Acre Lot

About This Home

As of January 2021

Set atop Howe's Creek on a nearly one-acre peninsula, this light airy coastal home offers privacy with amazing views. Nestled on a creek-front tidal lot, this property is adorned with manicured landscaping and lush greenery. The fully-remodeled coastal contemporary encompasses 4,200+ square feet. The reverse floor plan maximizes the stunning views and enables you to enjoy the cool ocean breezes. An elevator provides ease of movement from one level to the next. The open third-floor plan, vaulted ceilings, and walls of windows in the main living area make this home the perfect spot to entertain. The kitchen features a large island, stainless steel appliances, quartz countertops, and ample storage. Open to the dining and living area the chef will never feel left out. A den on the second level opens to three ensuite bedrooms. The master suite showcases a double vanity, large walk-in closet, and a bay window overlooking the marsh. The oversized 3-car garage has a new epoxy floor and offers a separate heated/cooled work or storage area. Relax on one of the many covered decks and patios encompassing the home and enjoy amazing sunrises over the water, or hang out with friends at the water-side fire pit. If you feel like spending a day on the creek you can easily launch your kayak or paddle board right from the floating dock. Come tour this amazing home and discover your piece of paradise.

Last Agent to Sell the Property

Amy Neathery

Landmark Sotheby's International Realty License #273753 Listed on: 09/11/2020

Landmark Sotheby's International Realty

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,927

Year Built

  • Built in 1991

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 197x273x309x38
  • Home fronts a creek
  • Property fronts a private road
  • On Golf Course
  • Cul-De-Sac
  • Electric Fence
  • Irrigation
  • Property is zoned R20

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal
  • Creek or Stream

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 4,241 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Attic Access Panel
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 3 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R05108-001-008-000

Community Details

Overview

  • Landfall Subdivision
  • Maintained Community

Amenities

  • Community Garden
  • Picnic Area

Recreation

  • Community Basketball Court
  • Community Playground
  • Trails

Security

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,927

Year Built

Built in 1991

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1991
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: 9Ft+ Ceilings, Reverse Floor Plan, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 352.51
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bathrooms: 6.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 4241.00
  • Total Heated Primary Separate Sq Ft: 4241.00

Exterior Features

  • Exterior Features: Gas Grill, Shutters - Board/Hurricane, Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: Electric
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Patio
  • Road Type Frontage: Paved, Private
  • Roof: Tile
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Cooktop - Gas, Refrigerator, Ice Maker, Downdraft, Double Oven, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Natural Gas Available, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Security, Trail(s), Taxes, Street Lights, Picnic Area, Playground, Comm Garden, Management, Maint - Roads, Maint - Comm Areas, Gated
  • HOAAssociationFee1Year: 3394.00

Lot Info

  • Deed Page: 893.00
  • Lot Acres: 0.98
  • Lot Description: Cul-de-Sac Lot, On Golf Course
  • Lot Dimensions: 197X273X309X38
  • Lot Sq Ft: 42689.00
  • Plat Book: 28
  • Plat Page: 8
  • Zoning: R20
  • Lot View Type: Creek View, ICW View, Water View, Ocean View

Tax Info

  • Tax Identifier: R05108-001-008-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 23, 2020
Sold by
Neathery Timothy A and Neathery Amy J
Bought by
Ewell Charles Lee and Ewell Paula B
Seller's Agent
Amy Neathery
Landmark Sotheby's International Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$1,495,000
Sold Price
$1,450,000
Premium/Discount to List
-$45,000
-3.01%
Current Estimated Value
$2,250,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,538
Avg. Annual Appreciation
4.84%
Original Mortgage
$750,000
Outstanding Balance
$685,932
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,123,557

Purchase Details

Closed on
Jan 8, 2020
Sold by
Ewell Charles Lee and Ewell Paula B
Bought by
Ewell Charles L and Ewell Paula B

Purchase Details

Listed on
Feb 16, 2017
Closed on
Dec 14, 2018
Sold by
Smith Tommie E and Dardess Margaret B
Bought by
Neathery Timothy A and Neathery Amy J
Seller's Agent
Mike Farris
Intracoastal Realty Corp
Buyer's Agent
Amy Neathery
Landfall Realty, LLC
List Price
$1,495,000
Sold Price
$925,000
Premium/Discount to List
-$570,000
-38.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$455,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 1998
Sold by
Jones Lucian C Ann W
Bought by
Smith Tommie E Margaret B D

Purchase Details

Closed on
Jan 2, 1998
Sold by
Pattinson Peter J Katharine A
Bought by
Jones Lucian C Ann W

Purchase Details

Closed on
May 23, 1990
Sold by
Landfall Associates
Bought by
Pattinson Peter J Katharine A

Purchase Details

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

Range of Values:

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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
Ewell Charles Lee $1,450,000 None Available
Ewell Charles L -- None Available
Neathery Timothy A $925,000 None Available
Smith Tommie E Margaret B D $665,000 --
Jones Lucian C Ann W $643,000 --
Pattinson Peter J Katharine A $185,500 --
Landfall Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewell Charles Lee $750,000
Previous Owner Neathery Timothy A $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2021 01/05/21 Sold $1,450,000 -3.0% $342 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $1,495,000 +61.6% $353 / Sq Ft
01/04/2019 01/04/19 Sold $925,000 -38.1% $216 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
02/16/2017 02/16/17 For Sale $1,495,000 -- $349 / 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 $10,927 $1,256,000 $607,000 $649,000
2022 $10,676 $1,256,000 $607,000 $649,000
2021 $10,746 $1,256,000 $607,000 $649,000
2020 $9,085 $862,400 $430,200 $432,200
2019 $8,742 $829,900 $430,200 $399,700
2018 $8,742 $829,900 $430,200 $399,700
2017 $8,742 $829,900 $430,200 $399,700
2016 $10,475 $945,400 $454,100 $491,300
2015 $10,012 $945,400 $454,100 $491,300
2014 $9,586 $945,400 $454,100 $491,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100236206

Hive MLS

APN: R05108-001-008-000