NOT LISTED FOR SALE

Estimated Value: $1,945,000 - $2,697,327

5 Beds
4.5 Baths
4,221 Sq Ft
$536/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $1,600,000 $379 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $14,571/month

405 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean View
  • Greenhouse
  • Masonboro Elementary School Rated A
  • Community Boat Slip
  • Boat Slip

About This Home

As of July 2015

Live on an acre of land on the Intracoastal Waterway while situated outside the 100 year flood zone. This 4 year old custom-built home w/an elevation of 22+ feet, offers spectacular views over the waterway & Masonboro Island to the Atlantic. A 35' deep water boat slip w/electric lift & in-ground swimming pool complete this stunning estate. This custom home features a coastal exterior & open interior floor plan. The main floor includes the living, dining & kitchen areas, the master suite, office & laundry. An expansive deck provides breathtaking panoramic views of the Intracoastal Waterway & ocean. The top level includes 4 BR, 2 full BA & a large deck. The bottom level - potentially an in-law suite - features a 475 sf recreation room, a full BA, kitchenette & walk-out directly to

Last Agent to Sell the Property

Angie Pool

Intracoastal Realty Corp License #194626 Listed on: 03/18/2014

Intracoastal Realty Corp

Last Buyer's Agent

Matthew Sullivan

Wilde Irish Realty, LLC. License #223065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,881

Year Built

  • Built in 2010

Lot Details

  • 1.11 Acre Lot
  • Waterfront
  • Fenced Yard
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 4,221 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Convection Oven
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Cork
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Boat Slip
  • Balcony
  • Deck
  • Patio
  • Greenhouse

Utilities

  • Forced Air Heating and Cooling System
  • On Site Septic
  • Septic Tank

Community Details

Overview

  • Windchase Subdivision
  • Maintained Community

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,881

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,500 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2010
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood, Vinyl, Cork
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Blinds/Shades, Security System, Mud Room, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 438.28
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 4221.00
  • Total Heated Primary Separate Sq Ft: 4221.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows, Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Exterior Structures: Green House
  • Fencing: Back Yard
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Patio, Deck
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: Cmnt
  • Total Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Convection Oven, Refrigerator, Microwave - Built-In, Ice Maker, Disposal, Dishwasher
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: City/Town
  • Utilities: Community Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Maint - Comm Areas
  • HOAAssociationFee1Year: 18000.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2466.00
  • Lot Acres: 1.11
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 48352.00
  • Lot Water Features: Boat Slip, Deeded Water Rights
  • Zoning: R-15
  • Lot View Type: ICW View, Ocean View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
Jul 2, 2015
Sold by
Kotz Kenneth and Kotz Nancy Beth
Bought by
Dean Robert and Dean Lisa
Seller's Agent
Angie Pool
Intracoastal Realty Corp
Buyer's Agent
Matthew Sullivan
Wilde Irish Realty, LLC.
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Current Estimated Value
$2,263,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,082
Avg. Annual Appreciation
3.45%

Purchase Details

Closed on
Apr 11, 2006
Sold by
Psp Enterprises Llc
Bought by
Kotz Kenneth W and Kotz Nancy Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2004
Sold by
Bowden Linda K Robert
Bought by
Psp Enterprises Llc
Source: Public Records

Range of Values:

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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
Dean Robert $1,600,000 Attorney
Kotz Kenneth W $1,100,000 None Available
Psp Enterprises Llc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kotz Kenneth W $990,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $1,600,000 -13.5% $379 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
03/18/2014 03/18/14 For Sale $1,850,000 -- $438 / 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 $12,881 $2,072,600 $842,000 $1,230,600
2023 $12,881 $1,480,600 $851,700 $628,900
2022 $12,585 $1,480,600 $851,700 $628,900
2021 $12,671 $1,480,600 $851,700 $628,900
2020 $13,484 $1,280,000 $742,500 $537,500
2019 $13,484 $1,280,000 $742,500 $537,500
2018 $13,484 $1,280,000 $742,500 $537,500
2017 $16,155 $1,533,600 $928,200 $605,400
2016 $11,244 $1,014,800 $506,300 $508,500
2015 $10,747 $1,014,800 $506,300 $508,500
2014 $10,290 $1,014,800 $506,300 $508,500
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 30503161

Hive MLS

APN: R07200-005-021-000