NOT LISTED FOR SALE

Estimated Value: $2,051,349 - $2,173,000

5 Beds
4.5 Baths
4,611 Sq Ft
$459/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $1,255,000 $272 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $12,515/month

47 Days on Market

Highlights

  • Boat Dock
  • Boat Slip
  • Waterfront
  • Masonboro Elementary School Rated A
  • Intracoastal View
  • Deck

About This Home

As of November 2015

322 Windchase Lane is one of the most unique locations on the Intracoastal Waterway. The property juts out on a peninsula providing stunning wrap around water views of the Intracoastal Water Way and Masonboro Island. Most properties give you a slice of the water, whereas this one gives you 180 degrees of deep views including the ocean beyond. The home was redesigned by Michael Kersting Architecture and features a wide open floor plan with 8 foot sliding glass doors in the great room, dining room, breakfast room, master bedroom, 3rd floor guest suite and ground floor game room. The kitchen is spacious with custom cabinetry and gourmet appliance package with Thermador gas cook top. This house was built for entertaining as the rooms flow nicely into each other and the decks can

Last Agent to Sell the Property

Peter Sweyer

Berkshire Hathaway HomeServices Carolina Premier Properties License #256611 Listed on: 07/03/2015

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Ashley Sikka

Heritage Development & Realty Company License #220229

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,932

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Property is zoned R-15

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 4,611 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Office
  • Intracoastal Views
  • Partially Finished Attic
  • Laundry Room

Kitchen

  • Convection Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 7781
  • Assessor Parcel Number 3145-60-5890.000

Community Details

Overview

  • Windchase Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,932

Year Built

Built in 1989

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1989
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: Blinds/Shades, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 302.54
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 12
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Other Level: Second
  • Sq Ft Heated: 4611.00
  • Total Heated Primary Separate Sq Ft: 4611.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Patio, Porch, Deck
  • Road Type Frontage: Paved, Private
  • 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
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Convection Oven, Refrigerator, Dishwasher
  • Cooling System: Central
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Taxes, Maint - Comm Areas, Boat Slip - Assign
  • HOAAssociationFee1Year: 999.96

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2443.00
  • Lot Acres: 0.30
  • Lot Dimensions: 13.068 sq ft
  • Lot Number: 7781
  • Lot Sq Ft: 13068.00
  • Lot Water Features: Boat Slip
  • Zoning: R-15
  • Lot View Type: ICW View

Tax Info

  • Tax Identifier: 3145-60-5890.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2015
Closed on
Oct 13, 2015
Sold by
Michael T Jacobs Revocable Trust
Bought by
Sikka Vivek and Sikka Ashley
Seller's Agent
Peter Sweyer
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Ashley Sikka
Heritage Development & Realty Company
List Price
$1,395,000
Sold Price
$1,255,000
Premium/Discount to List
-$140,000
-10.04%
Current Estimated Value
$2,114,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,450
Avg. Annual Appreciation
5.62%
Original Mortgage
$980,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2005
Sold by
Jacobs Michael T
Bought by
Jacobs Michael T and Jacobs Donna Sue

Purchase Details

Closed on
Nov 14, 2003
Sold by
David A Trust
Bought by
Jacobs Michael T

Purchase Details

Closed on
Feb 8, 2000
Sold by
Howard Rudy Collins Nancy T
Bought by
David A Trust

Purchase Details

Closed on
Jul 17, 1998
Sold by
Howard Nancy T
Bought by
Howard Rudy Collins

Purchase Details

Closed on
Jul 23, 1997
Sold by
Howard Betsy
Bought by
Howard Rudy Collins

Purchase Details

Closed on
Feb 6, 1996
Sold by
Foley Dennis J Margaret A
Bought by
Howard Rudy Collins Betsy

Purchase Details

Closed on
Sep 16, 1992
Sold by
Priest Joseph G
Bought by
Foley Dennis J Margaret A

Purchase Details

Closed on
Oct 24, 1990
Sold by
David Greer Constr Inc
Bought by
Priest Joseph G

Purchase Details

Closed on
Apr 1, 1988
Sold by
Southern Holdings
Bought by
David Greer Constr Inc

Purchase Details

Closed on
May 1, 1985
Bought by
Southern Holdings
Source: Public Records

Range of Values:

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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
Sikka Vivek $1,225,000 None Available
Jacobs Michael T -- None Available
Jacobs Michael T $1,000,000 --
David A Trust $825,000 --
Howard Rudy Collins -- --
Howard Rudy Collins -- --
Howard Rudy Collins Betsy $595,000 --
Foley Dennis J Margaret A $487,500 --
Priest Joseph G -- --
David Greer Constr Inc $130,000 --
Southern Holdings -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sikka Vivek $890,000
Closed Sikka Vivek $980,000
Previous Owner Jacobs Michael T $800,000
Previous Owner Jacobs Michael T $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2015 11/23/15 Sold $1,255,000 -10.0% $272 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $1,395,000 -- $303 / 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 $10,932 $1,256,600 $881,200 $375,400
2022 $10,681 $1,256,600 $881,200 $375,400
2021 $10,754 $1,256,600 $881,200 $375,400
2020 $11,995 $1,138,700 $638,000 $500,700
2019 $11,995 $1,138,700 $638,000 $500,700
2018 $11,995 $1,138,700 $638,000 $500,700
2017 $11,995 $1,138,700 $638,000 $500,700
2016 $8,814 $795,500 $435,000 $360,500
2015 $8,424 $795,500 $435,000 $360,500
2014 $8,066 $795,500 $435,000 $360,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30524603

Hive MLS

APN: R07210-005-007-000