NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,504,742

5 Beds
4.5 Baths
3,658 Sq Ft
$1,367/mo HOA Fee

Last Sold August 10, 2022

Last sale price $1,250,000 $342 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,312/month

44 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Boat Lift
  • Heyward C. Bellamy Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of August 2022

Magical waterfront community of Shannon Pointe consisting of 4 quality built custom homes; walled and gated compound with direct waterway access with boat slip and hydraulic boat lift and kayak launch. This unique community is designed with ease of a small home owners association that includes master insurance, wind/hail insurance, flood and general liability insurance, landscaping and dock maintenance between the 4 homes. This 5 bedroom, 4 1/2 bath single family home features a reverse floor plan, elevator, tongue and groove whitewashed paneling, travertine tiled baths, granite counters and stainless appliances. An oversized garage provides parking for 6 cars in tandem and plenty of storage for fishing/ boating gear. Enjoy a quick jaunt to Masonboro Island or run up and grab lunch on the water at Dockside or Bridgetender. This central location can provide quick access to Wrightsville Beach, Carolina Beach or the historic Wilmington riverfront (all about 15 minutes drive.)

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 05/04/2022

Intracoastal Realty Corp

Last Buyer's Agent

Rob Gibbs

Essential Rental Management Company License #293242

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,765

Year Built

  • Built in 2006

Lot Details

  • Brick Fence
  • Sprinkler System

HOA Fees

  • $1,367 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 3,658 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Intracoastal Views
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

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

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Boat Lift
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number R07908-003-002-004

Community Details

Overview

  • Master Insurance
  • Shannon Pointe Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,765

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,367 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 9Ft+ Ceilings, Reverse Floor Plan, Wet Bar, Walk-in Shower, Sprinkler System, Foyer, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey
  • Laundry Location: Room
  • List Price per Sq Ft: 354.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Laundry Level: First
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Other Level: Third
  • Sq Ft Heated: 3658.00
  • Total Heated Primary Separate Sq Ft: 3658.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower
  • Exterior Finish: Composition, Wood Siding
  • Fencing: Brick
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Patio, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: Lighted, On Site, Off Street

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Community Water, Well Water, Municipal Sewer
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Taxes, Flood Insurance, Master Insure, Maint - Grounds, Maint - Comm Areas, Boat Slip - Assign
  • HOAAssociationFee1Year: 16400.00

Lot Info

  • Deed Page: 2113.00
  • Lot Acres: 0.38
  • Lot Dimensions: irregular
  • Lot Sq Ft: 16553.00
  • Lot Water Features: Boat Dock, Waterfront Comm, Deeded Water Access, Deeded Water Rights, Boat Slip, Boat Lift
  • Plat Book: 18
  • Plat Page: 117
  • Special Assessments: none known
  • Zoning: R-15
  • Lot View Type: ICW View

Tax Info

  • Tax Identifier: R07908-003-002-004
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jul 29, 2022
Sold by
Bryson Harris & Lee Llp
Bought by
Pryor Michael and Pryor Melissa
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Rob Gibbs
Essential Rental Management Company
List Price
$1,295,000
Sold Price
$1,250,000
Premium/Discount to List
-$45,000
-3.47%
Current Estimated Value
$1,363,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,436
Avg. Annual Appreciation
3.67%
Original Mortgage
$1,140,750
Outstanding Balance
$1,099,303
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$293,355

Purchase Details

Closed on
Apr 4, 2022
Sold by
Judges Road Industrial Park Llc
Bought by
Bryson Harris & Lee Llp

Purchase Details

Listed on
Oct 23, 2015
Closed on
Feb 3, 2016
Sold by
Williams Thomas D and Williams Ginger
Bought by
Judges Road Industrial Park Llc
Seller's Agent
Carol Paquin
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$619,000
Sold Price
$619,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Oct 5, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Williams Thomas D and Williams Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2009
Sold by
Smith William J
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 17, 2007
Sold by
Smith Properties Inc
Bought by
Smith William J
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
Pryor Michael $1,250,000 Bryson Harris & Lee Llp
Bryson Harris & Lee Llp $1,150,000 None Listed On Document
Judges Road Industrial Park Llc $619,000 None Available
Williams Thomas D $530,000 None Available
Jpmorgan Chase Bank National Association $1,211,000 None Available
Smith William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pryor Michael $1,140,750
Previous Owner Williams Thomas D $273,000
Previous Owner Williams Thomas D $202,000
Previous Owner Smith William J $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $1,250,000 -3.5% $342 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $1,295,000 +109.2% $354 / Sq Ft
02/04/2016 02/04/16 Sold $619,000 0.0% $178 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $619,000 -- $178 / 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 $5,765 $1,103,300 $0 $1,103,300
2022 $5,651 $1,032,200 $0 $1,032,200
2021 $5,651 $1,032,200 $0 $1,032,200
2020 $3,790 $599,200 $0 $599,200
2019 $3,790 $599,200 $0 $599,200
2018 $3,790 $599,200 $0 $599,200
2017 $3,880 $599,200 $0 $599,200
2016 $3,506 $505,900 $0 $505,900
2015 $3,258 $505,900 $0 $505,900
2014 $3,202 $505,900 $0 $505,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100326395

Hive MLS

APN: R07908-003-002-004