NOT LISTED FOR SALE

Estimated Value: $733,000 - $989,000

5 Beds
4.5 Baths
4,394 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $750,000 $171 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,184/month

19 Days on Market

Highlights

  • Home fronts a pond
  • Pond View
  • Deck
  • Holly Tree Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2024

This stately all-brick estate home in the highly sought-after Masonboro Forest neighborhood is waiting for its new owner. Upon entering you are greeted with an elegant foyer, a lovely open staircase, and a beautiful room with glass pocket doors entry, a cozy gas log fireplace, and doors leading to a private patio. This room could be your home office, formal living room, or quiet den. Moving forward is the formal dining room with French doors overlooking the large deck and a peaceful pond, perfect for outdoor entertaining or just relaxing. The spacious eat-in kitchen includes a large center island, white cabinetry, quartz countertops, double ovens, a pantry, and a built-in desk area. The kitchen opens up to the grand living room with a cathedral ceiling, another gas log fireplace, built-in bookshelves, and a wall of windows overlooking the back deck and pond - a special place to make memories with family and friends. The main level, exquisite primary bedroom has a beautiful trey ceiling, a view of the pond, and contains an expansive en suite boasting a frameless walk-in shower, jacuzzi tub, separate vanities, and a room size walk-in closet with built-in shelving. The second floor, which is accessible from either the front staircase or a convenient back staircase leading from the living room, has all the bedrooms and additional space you will ever need. One bedroom has an en suite and walk-in closet for visiting family or friends; two other bedrooms have walk-in closets; plus two additional full bathrooms. The large bonus room could be a playroom, media room, or home gym. Masonboro Forest is in the heart of Wilmington, with an active, close-knit community. The HOA amenities include a clubhouse, community pool, tennis courts, pickleball courts, and a playground. This home has so much to offer including a newer roof! It is just waiting for its new owners to bring their personal touch and call it their own.

Last Agent to Sell the Property

Ann McEachern

Henry & Company Real Estate License #282470 Listed on: 04/05/2024

Last Buyer's Agent

Sherri Ingle

Intracoastal Realty Corp

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 2001

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 85x140x116x145
  • Home fronts a pond
  • Fenced Yard
  • Decorative Fence
  • Corner Lot
  • Property is zoned R-15

HOA Fees

  • $81 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,394 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Gas Log Fireplace
  • Formal Dining Room
  • Pond Views
  • Crawl Space

Kitchen

  • Built-In Double Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Accessible Home Design

  • Accessible Bathroom
  • Exterior Wheelchair Lift
  • Accessible Entrance

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Holly Tree Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 364
  • Assessor Parcel Number R07108-009-002-000

Community Details

Overview

  • Masonboro Forest HOA, Phone Number (910) 509-7281
  • Masonboro Forest Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,219

Year Built

Built in 2001

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Entrance, Bathroom, Exterior Wheelchair Lift
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2001
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Gas Logs, Walk-in Shower
  • Laundry Location: Room
  • List Price per Sq Ft: 176.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 10
  • Sq Ft Heated: 4394.00
  • Total Heated Primary Separate Sq Ft: 4394.00

Exterior Features

  • Exterior Features: Gas Logs
  • Exterior Finish: Brick Veneer
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Deck, Patio, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Garage Faces Side

Utilities

  • Appliances Equipment: Central Vac, Cooktop - Electric, Dishwasher, Disposal, Double Oven, Dryer, Microwave - Built-In, Refrigerator, Wall Oven, Washer
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Community Pool, Dog Park, Pickleball, Playground, Tennis Court(s)
  • HOAAssociationFee1Year: 966.00
  • HOAAssociationName: Masonboro Forest HOA
  • HOAAssociationPhone: 9105097281

Lot Info

  • Deed Page: 868.00
  • Lot Acres: 0.33
  • Lot Description: Corner Lot
  • Lot Dimensions: 85x140x116x145
  • Lot Number: 364
  • Lot Sq Ft: 14244.00
  • Lot Water Features: None
  • Plat Book: 36
  • Plat Page: 290
  • Zoning: R-15
  • Lot View Type: Pond View

Tax Info

  • Tax Identifier: R07108-009-002-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 3219.12

MLS Schools

  • Elementary School: Holly Tree
  • High School: Hoggard
  • Middle School: Roland Grise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jun 12, 2024
Sold by
Troop Cartelli Robert and Abacherl Maureen
Bought by
Braswell Matthew and Braswell Carissa
Seller's Agent
Ann McEachern
Henry & Company Real Estate
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Views
83
Current Estimated Value
$874,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,352
Avg. Annual Appreciation
10.44%
Original Mortgage
$745,000
Outstanding Balance
$738,608
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$107,164

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 22, 2024
Sold by
Peterson Trust Agreement and Peterson Consulting Of Wilmington Llc
Bought by
Cartelli Robert Troop and Abacherli Cartelli Maureen
Seller's Agent
Ann McEachern
Henry & Company Real Estate
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$795,000
Sold Price
$750,000
Premium/Discount to List
-$45,000
-5.66%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Outstanding Balance
$738,608
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$107,164

Purchase Details

Closed on
Aug 24, 2022
Sold by
Marla Peterson
Bought by
Peterson Consulting Of Wilmington Llc

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 29, 2018
Sold by
Deaver Jerry A and Deaver Marie A
Bought by
Peterson Ralph Max and Peterson Janice
Seller's Agent
Ashley Garner
Intracoastal Realty Corp
Buyer's Agent
Ann McEachern
Henry & Company Real Estate
List Price
$499,975
Sold Price
$495,000
Premium/Discount to List
-$4,975
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$385,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Deaver Jerry A and Deaver Marie A
Bought by
The Deaver Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
3.83%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Jul 15, 2013
Sold by
Deaver Jerry and Deaver Marie
Bought by
Deaver Jerry A and Deaver Marie Ann

Purchase Details

Closed on
Sep 2, 2009
Sold by
Deaver Jerry A and Deaver Marie A
Bought by
Deaver Jerry and Deaver Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2002
Sold by
Masonboro Forest Inc
Bought by
Gaffney John J Julia E

Purchase Details

Closed on
Jun 23, 1997
Sold by
Masonboro Forest Inc
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
Mar 8, 1996
Sold by
Hpl Ltd Etal
Bought by
Masonboro Forest Inc
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
Braswell Matthew $745,000 None Listed On Document
Cartelli Robert Troop $750,000 None Listed On Document
Peterson Consulting Of Wilmington Llc -- Barnes Ned M
Peterson Ralph Max $495,000 None Available
The Deaver Family Trust -- None Available
Deaver Jerry A -- None Available
Deaver Jerry A -- None Available
Deaver Jerry -- Landamerica
Gaffney John J Julia E $400,000 --
New Han Cnty Water/Sewer -- --
Masonboro Forest Inc $1,503,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braswell Matthew $745,000
Previous Owner Peterson Ralph Max $138,800
Previous Owner Peterson Ralph Max $385,000
Previous Owner Deaver Jerry A $58,000
Previous Owner Deaver Jerry $376,000
Previous Owner Deaver Jerry $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $750,000 -3.2% $171 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $775,000 -2.5% $176 / Sq Ft
04/05/2024 04/05/24 For Sale $795,000 +60.6% $181 / Sq Ft
11/08/2018 11/08/18 Sold $495,000 -1.0% $114 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $499,975 -- $115 / 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 $3,287 $616,100 $110,500 $505,600
2022 $3,318 $616,100 $110,500 $505,600
2021 $3,385 $616,100 $110,500 $505,600
2020 $3,491 $551,900 $120,800 $431,100
2019 $3,491 $551,900 $120,800 $431,100
2018 $3,491 $551,900 $120,800 $431,100
2017 $3,574 $551,900 $120,800 $431,100
2016 $3,654 $527,200 $120,800 $406,400
2015 $3,395 $527,200 $120,800 $406,400
2014 $3,337 $527,200 $120,800 $406,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100437174

Hive MLS

APN: R07108-009-002-000