$1,085,000
SOLD SEP 17, 2020
5 Beds
4.5 Baths
3,901 Sq Ft
$650/mo HOA Fee

Recently Sold

$278 Per Sq Ft

4% Below List Price

78 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Marina
  • Boat Dock
  • Heyward C. Bellamy Elementary School Rated A-
  • Ocean View
  • Boat Lift

About This Home

As of February 2023

Magnificent ICW gated waterfront community called Shannon Pointe has it all! This single-family home with views of the ocean, sound and ICW from almost every room also comes with (2) 38' boat slips and 20,000 lb. hydraulic lifts. Beautifully designed 5 bd.,4.5 ba. plus bonus room home with exquisite craftsmanship offers all the best features including, elevator, spacious open floor plan with wood flooring and soaring cypress ceilings, gas fireplace, gourmet kitchen with stainless steel appliances and granite counter tops, master suite on main living area with fireplace and access to screened in porch, beautiful baths with custom tile work, wet bar, cedar lined closets, custom moulding, central vacuum, outdoor shower, security system and a Culligan reverse osmosis water system. Enjoy the peaceful views of Wrightsville Beach and Carolina beach from the crow's nest or settle down on one of the many porches. Have toys, well plenty of room for those in the 5-car humidity-controlled garage with tons of storage! HOA includes wind/hail/flood and general liability insurance, landscape and dock maintenance. Convenient to Wrightsville Beach, Carolina Beach and downtown Wilmington, call today to see this slice of paradise.

Last Agent to Sell the Property

Carole Sheffield

BlueCoast Realty Corporation License #282582 Listed on: 05/21/2020

BlueCoast Realty Corporation

Last Buyer's Agent

Sam Crittenden

Landmark Sotheby's International Realty License #280361

Landmark Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,845

Year Built

  • Built in 2008

Lot Details

  • Brick Fence
  • Sprinkler System

HOA Fees

  • $650 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,901 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Security System
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 5 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Boat Lift
  • Boat Slip
  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Propane
  • Well
  • Water Softener
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R07908-003-002-003

Community Details

Overview

  • Master Insurance
  • Shannon Pointe Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Waterfront Community

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,845

Year Built

Built in 2008

Lot Details

0

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: Blinds/Shades, Security System, Whirlpool, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Smoke Detectors, Elevator, Gas Logs, Foyer, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • List Price per Sq Ft: 290.95
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 10
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: Third
  • Sq Ft Heated: 3901.00
  • Total Heated Primary Separate Sq Ft: 3901.00

Exterior Features

  • Exterior Features: Gas Logs, Shutters - Board/Hurricane, Outdoor Shower, Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: Brick
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Porch, Screened, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 5.00
  • Total Garage Spaces: 5.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Central Vac, Vent Hood, Water Softener, Refrigerator, Humidifier/Dehumidifier, Double Oven, Disposal, Dishwasher, Cooktop - Electric
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Well Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Taxes, Maint - Comm Areas, Master Insure, Marina, Maint - Grounds, Gated, Flood Insurance, Boat Slip - Assign
  • HOAAssociationFee1Year: 7800.00

Lot Info

  • Deed Page: 1613.00
  • Lot Water Features: Boat Lift, Water Access Comm, Waterfront Comm, Deeded Water Access, Boat Slip
  • Zoning: R15
  • Lot View Type: ICW View, Water View, Sound View, Ocean View

Tax Info

  • Tax Identifier: R07908-003-002-003
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Feb 1, 2023
Sold by
Moroz Mark Michael and Moroz Patricia B
Bought by
Ons Re Llc
Seller's Agent
Sam Crittenden
Landmark Sotheby's International Realty
Buyer's Agent
Lon Edwards
Worsley Real Estate Company
List Price
$1,550,000
Sold Price
$1,360,000
Premium/Discount to List
-$190,000
-12.26%
Views
123
Current Estimated Value
$1,452,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,783
Avg. Annual Appreciation
4.52%
Original Mortgage
$700,000
Outstanding Balance
$681,826
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$833,848

Purchase Details

Listed on
May 21, 2020
Closed on
Sep 15, 2020
Sold by
Urquhart Thomas F and Meddaugh Peggy H
Bought by
Moroz Mark Michael and Moroz Patricia B
Seller's Agent
Carole Sheffield
BlueCoast Realty Corporation
Buyer's Agent
Sam Crittenden
Landmark Sotheby's International Realty
List Price
$1,135,000
Sold Price
$1,085,000
Premium/Discount to List
-$50,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$976,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2016
Sold by
Urquhart Thomas E
Bought by
Urquhart Thomas E and Meddaugh Peggy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2010
Sold by
North State Bank
Bought by
Urquhart Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Smith Properties Inc
Bought by
North State Bank
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 $1,360,000 --
Warranty Deed $1,085,000 None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $750,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $976,500 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $1,000,000 Construction
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $1,360,000 -6.1% $334 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
11/03/2022 11/03/22 Price Changed $1,449,000 -3.1% $356 / Sq Ft
10/13/2022 10/13/22 Price Changed $1,495,000 -3.5% $367 / Sq Ft
10/03/2022 10/03/22 For Sale $1,550,000 +42.9% $381 / Sq Ft
09/17/2020 09/17/20 Sold $1,085,000 -4.4% $278 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $1,135,000 -- $291 / 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 $5,845 $1,118,600 $0 $1,118,600
2022 $5,901 $1,118,600 $0 $1,118,600
2021 $6,680 $1,118,600 $0 $1,118,600
2020 $3,999 $632,200 $0 $632,200
2019 $3,999 $632,200 $0 $632,200
2018 $3,999 $632,200 $0 $632,200
2017 $4,094 $632,200 $0 $632,200
2016 $4,989 $719,900 $0 $719,900
2015 $4,636 $719,900 $0 $719,900
2014 $4,557 $719,900 $0 $719,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100218586

Hive MLS

APN: R07908-003-002-003