NOT LISTED FOR SALE

270 Shannon Dr Unit A Wilmington, NC 28409

Estimated Value: $1,105,000 - $1,844,000

5 Beds
4.5 Baths
3,431 Sq Ft
$1,667/mo HOA Fee

Last Sold July 11, 2024

Last sale price $1,800,000 $525 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $10,265/month

83 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Boat Slip
  • Heyward C. Bellamy Elementary School Rated A-
  • Boat Lift
  • Gated Community

About This Home

As of July 2024

Beautiful home on the Intracoastal Waterway with a 38' boat slip and lift. Unobstructed views of the waterway, Masonboro Island and the ocean. This home has five 5 bedrooms, 4 and 1 half baths. The master suite is on the top floor with its own fireplace;. This property is move-in ready with cedar closets, tile baths and an elevator to all three floors. An oversized garage affords plenty of storage for all your cars, beach toys and bikes. After a day on the water, enjoy your outside showerThis is a gated community with only four homes. The HOA maintains the landscaping, dock, master insurance policy including flood, wind and hail and general liability.You won't find a better deal on the water front!

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 03/28/2024

Intracoastal Realty Corp

Last Buyer's Agent

mary kromenhoek

Howard Perry & Walston Realtors HS License #221703

Howard Perry & Walston Realtors HS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,129

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Brick Fence

HOA Fees

  • $1,667 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Home Design

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

Interior Spaces

  • 3,431 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • 2 Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Dryer

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Well
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R07908-003-002-001

Community Details

Overview

  • Master Insurance
  • Shannon Pointe HOA, Phone Number (333) 339-9055
  • Shannon Pointe Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,129

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,667 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: Two
  • Year Built: 2006
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Bookcases, Ceiling - Trey, Ceiling - Vaulted, Elevator, Foyer, Gas Logs, Pantry, Reverse Floor Plan, Walk-In Closet, Wet Bar
  • List Price per Sq Ft: 581.46
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bedroom 5 Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Sq Ft Heated: 3431.00
  • Total Heated Primary Separate Sq Ft: 3431.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Brick
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Garage Door Opener, Garage Faces Front, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Vent Hood, Wall Oven
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Well Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Boat Slip - Assign, Gated, Maint - Comm Areas, Maint - Grounds, Master Insure
  • HOAAssociationFee1Year: 20000.00
  • HOAAssociationName: Shannon Pointe HOA
  • HOAAssociationPhone: 3333399055

Lot Info

  • Deed Page: 2102.00
  • Lot Dimensions: Irregular
  • Lot Water Features: Boat Dock, Boat Lift, Boat Slip
  • Plat Book: 18
  • Plat Page: 117
  • Special Assessments: none known
  • Zoning: R-15
  • Lot View Type: ICW View, Ocean View

Tax Info

  • Tax Identifier: R07908-003-002-001
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 6129.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jul 8, 2024
Sold by
Betty Vann Norris Revocable Trust and Norris Betty Vann
Bought by
Textor Keith A and Textor Kelly Boisot
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
mary kromenhoek
Howard Perry & Walston Realtors HS
List Price
$2,195,000
Sold Price
$1,800,000
Premium/Discount to List
-$395,000
-18%
Views
128
Current Estimated Value
$1,573,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$226,393
Avg. Annual Appreciation
-10.20%
Original Mortgage
$1,260,000
Outstanding Balance
$1,077,840
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$495,767

Purchase Details

Listed on
May 28, 2020
Closed on
Nov 9, 2020
Sold by
Rogers Stanley G and Rogers Susan G
Bought by
Norris Betty Vann and The Betty Vann Norris Revocabl
Seller's Agent
Cindy Southerland
Intracoastal Realty Corp
Buyer's Agent
Cindy Southerland
Intracoastal Realty Corp
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%

Purchase Details

Closed on
Oct 8, 2009
Sold by
Bank Of America Na
Bought by
Rogers Stanley G and Rogers Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2009
Sold by
Smith W Wright and Smith Walton Wright
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 16, 2006
Sold by
Smith Properties Inc
Bought by
Smith Walton Wright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 1949
Sold by
Smith Properties Inc
Bought by
Smith Walton Wright
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
Textor Keith A $1,800,000 None Listed On Document
Norris Betty Vann $1,100,000 None Available
Rogers Stanley G $890,000 None Available
Bank Of America Na $832,500 None Available
Smith Walton Wright $400,000 None Available
Smith Walton Wright -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Textor Keith A $1,260,000
Previous Owner Rogers Stanley G $650,000
Previous Owner Smith Walton Wright $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2024 07/11/24 Sold $1,800,000 -9.8% $525 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $1,995,000 -9.1% $581 / Sq Ft
03/28/2024 03/28/24 For Sale $2,195,000 +99.5% $640 / Sq Ft
11/09/2020 11/09/20 Sold $1,100,000 -4.3% $327 / Sq Ft View Prior Sale
10/16/2020 10/16/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $1,150,000 -- $342 / 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
2025 $3,065 $1,816,100 $0 $1,816,100
2023 $3,065 $1,173,100 $0 $1,173,100
2022 $6,188 $1,173,100 $0 $1,173,100
2021 $6,423 $1,173,100 $0 $1,173,100
2020 $5,729 $905,700 $0 $905,700
2019 $5,729 $905,700 $0 $905,700
2018 $5,729 $905,700 $0 $905,700
2017 $5,864 $905,700 $0 $905,700
2016 $5,241 $756,300 $0 $756,300
2015 $4,871 $756,300 $0 $756,300
2014 $4,787 $756,300 $0 $756,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100435534

Hive MLS

APN: R07908-003-002-001