$4,527,000
SOLD OCT 12, 2023

2324 Scotts Hill Loop Rd Wilmington, NC 28411

4 Beds
3.5 Baths
3,770 Sq Ft
0.88 Acres

Recently Sold

$1,201 Per Sq Ft

9% Below List Price

45 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean View
  • Boat Lift
  • South Topsail Elementary School Rated A-
  • Boat Ramp
  • Boat Slip

About This Home

As of October 2023

It is time to introduce 2324 Scotts Hill Loop Road- a waterfront sanctuary which offers the perfect blend of luxury and tranquility. Set high on a rare waterfront bluff, this Frank Williams custom new build embraces over 3700 square feet and fronts the Intracoastal Waterway with panoramic ocean views. Wrapped in eastern white cedar with a chic open floor plan, this 4 bedroom 3 1/2 bathroom home features artisan details with precision craftsmanship nestled amongst soothing color palettes - all enhanced with abundant natural light to captivate the elegant and refined coastal lifestyle. Resort like amenities blend seamlessly to create a relaxing oasis and include a heated saltwater infinity pool with sundeck and expansive hot tub, outdoor kitchen and shower, multiple covered decks for endless entertaining opportunities, and pier with gazebo centered between two 10,000 pound lifts for boats and friends to visit. The Gourmet kitchen is a must see with the highest quality finishes and top-of-the line Jenn Air appliances, separate refrigerator and freezer, wine refrigerator, vegetable sink, a beverage refrigerator, and even a chef desired warming drawer. Enjoy the private office with an extraordinary view of the Infinity pool and Intracoastal just off of the master bedroom. All within minutes from historic downtown Wilmington as well as pristine beaches. This is a rare offering that presents ultimate spaciousness in an ideal location and the best of coastal living!

Last Agent to Sell the Property

Shelly Wagner

Wicker Properties of the Carolinas, Inc. License #274086 Listed on: 06/30/2023

Last Buyer's Agent

Jim Shields

Wilkinson ERA Real Estate License #218241

Wilkinson ERA Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,145

Year Built

  • Built in 2023

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 141 x 431 x 130 x 308
  • Waterfront
  • Property fronts a private road
  • Irrigation
  • Property is zoned RP

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Shake Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 3,770 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Mud Room
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Crawl Space

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pier
  • Sailboat Water Access
  • Boat Lift
  • Boat Ramp
  • Boat Slip
  • Balcony
  • Deck
  • Covered patio or porch
  • Gazebo
  • Outdoor Gas Grill

Schools

  • South Topsail Elementary School
  • Topsail Middle School
  • Topsail High School

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Whole House Permanent Generator
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3280-25-0560-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,145

Year Built

Built in 2023

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: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2023
  • Road Frontage Type: ICW Front
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Stairs - Pull Down, Walk-In
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Ceiling - Trey, Ceiling Fan(s), Hot Tub, Intercom/Music, Kitchen Island, Mud Room, Pantry, Security System, Smoke Detectors, Walk-in Shower, Walk-In Closet, Wet Bar, Whole-Home Generator
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 1325.99
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Family Room Level: Second
  • Great Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Sq Ft Heated: 3770.00
  • Total Heated Primary Separate Sq Ft: 3770.00

Exterior Features

  • Exterior Features: Gas Grill, Irrigation System, Outdoor Shower
  • Exterior Finish: Cedar, Fiber Cement, Shake Siding
  • Exterior Structures: Gazebo
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony, Covered, Deck, Porch
  • Road Type Frontage: Maintained, Private
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Bar Refrigerator, Cooktop - Gas, Dishwasher, Dryer, Freezer, Generator, Refrigerator, Stove/Oven - Gas, Washer
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1603.00
  • Lot Acres: 0.88
  • Lot Dimensions: 141 x 431 x 130 x 308
  • Lot Sq Ft: 38202.00
  • Lot Water Features: Boat Lift, Boat Ramp, Boat Slip, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Pier, Sailboat Accessible, Water Depth 4+
  • Zoning: RP
  • Lot View Type: ICW View, Ocean View, Water View

Tax Info

  • Tax Identifier: 3280-25-0560-0000
  • Tax Year: 2022

MLS Schools

  • Elementary School: South Topsail
  • High School: Topsail
  • Middle School: Topsail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Oct 2, 2023
Sold by
Lisa A Ardito Revocable Trust and David A Ardito Revocable Trust
Bought by
Morea Christopher J and Morea Diane E
Seller's Agent
Shelly Wagner
Wicker Properties of the Carolinas, Inc.
Buyer's Agent
Jim Shields
Wilkinson ERA Real Estate
List Price
$4,999,000
Sold Price
$4,527,000
Premium/Discount to List
-$472,000
-9.44%
Views
332
Current Estimated Value
$3,079,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,447,906
Avg. Annual Appreciation
-17.20%
Original Mortgage
$2,999,990
Outstanding Balance
$2,951,206
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$265,815

Purchase Details

Listed on
Nov 14, 2020
Closed on
Dec 29, 2020
Sold by
Sheppard Betty Piver
Bought by
Ardtio Lisa A and Lisa A Ardito Revocable Trust Agreement
Seller's Agent
Kristin Freeman
BlueStar Real Estate, LLC
Buyer's Agent
Laura Betz
RE/MAX Essential
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.64%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $4,527,000 None Listed On Document
Warranty Deed $1,300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,999,990 New Conventional
Previous Owner $72,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $4,527,000 -9.4% $1,201 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $4,999,000 +284.5% $1,326 / Sq Ft
12/30/2020 12/30/20 Sold $1,300,000 -7.1% $918 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $1,400,000 -- $989 / 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
2024 $12,145 $1,291,339 $308,681 $982,658
2023 $9,328 $1,009,049 $308,681 $700,368
2022 $2,901 $348,481 $308,681 $39,800
2021 $2,680 $308,681 $308,681 $0
2020 $4,372 $511,992 $342,979 $169,013
2019 $3,252 $377,471 $342,979 $34,492
2018 $4,524 $505,957 $446,490 $59,467
2017 $4,524 $505,957 $446,490 $59,467
2016 $4,474 $505,957 $446,490 $59,467
2015 $4,456 $505,957 $446,490 $59,467
2014 $3,473 $505,957 $446,490 $59,467
2013 -- $505,957 $446,490 $59,467
2012 -- $505,957 $446,490 $59,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100392512

Hive MLS

APN: 3280-25-0560-0000