NOT LISTED FOR SALE

Wilmington, NC 28409

Masonboro Forest Neighborhood

Estimated Value: $834,000 - $1,029,000

4 Beds
3.5 Baths
3,745 Sq Ft
$241/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $498,000 $133 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,100/month

258 Days on Market

Highlights

  • Lake Front
  • Finished Room Over Garage
  • Deck
  • Holly Tree Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2014

Impressive brick, lake front home in sought after Masonboro Forest! Gleaming hardwood floors, and an open, light filled Living Room with 20 ft volume ceilings and a wall of windows greet you from the entry. The kitchen is a joy with granite counter tops, bead board wainscoting, custom cabinetry, stainless appliances and a spacious dining area. The Master Bedroom is large and features a walk in closet with custom shelves and built-ins as well as a true master bathroom with tiled shower and jetted tub. Upstairs there are 3 more comfortable bedrooms - each with plenty of closet space. The large FROG and attached office space can be used as a fifth bedroom. Enjoy morning coffee or serene evenings on the deck overlooking a beautifully landscaped lake. Add to all this a fenced side yard (

Last Agent to Sell the Property

Lois Potratz

Intracoastal Realty Corp Listed on: 11/27/2013

Last Buyer's Agent

Jane Dodd

Intracoastal Realty Corp License #124935

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Lake Front
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $60 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,745 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Office
  • Water Views
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Parking

  • 3 Parking Spaces
  • Finished Room Over Garage

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 313516924508000

Community Details

Overview

  • Masonboro Forest Subdivision
  • Maintained Community
  • 42-Story Property

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,973

Year Built

Built in 2001

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 42.0
  • Stories Levels: 3 Story or More
  • Year Built: 2001
  • Road Frontage Type: Lake Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: Blinds/Shades, Gas Logs, Whirlpool, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 135.91
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Fished Room Over Garage Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: First
  • Sq Ft Heated: 3745.00
  • Total Heated Primary Separate Sq Ft: 3745.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Tennis Court(s), Taxes, Maint - Comm Areas, Management, Community Pool
  • HOAAssociationFee1Year: 720.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2572.00
  • Lot Acres: 0.34
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 14810.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: 313516924508000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2013
Closed on
Aug 18, 2014
Sold by
Arnold Juddy L and Arnold Courtney
Bought by
Call Kenneth Lee and Call Kimberly Jo
Seller's Agent
Lois Potratz
Intracoastal Realty Corp
Buyer's Agent
Jane Dodd
Intracoastal Realty Corp
List Price
$529,000
Sold Price
$498,000
Premium/Discount to List
-$31,000
-5.86%
Current Estimated Value
$903,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,869
Avg. Annual Appreciation
5.51%
Original Mortgage
$398,400
Outstanding Balance
$285,995
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$617,874

Purchase Details

Closed on
Oct 19, 2005
Sold by
Harris Stephen R and Harris Dana S
Bought by
Arnold Judy L and Thomas Courtney S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.59%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 22, 2002
Sold by
Archill Inc
Bought by
Harris Stephen R Dana S

Purchase Details

Closed on
May 17, 2001
Sold by
Masonboro Forest Inc
Bought by
Archill Inc

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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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
Call Kenneth Lee $498,000 None Available
Arnold Judy L $620,000 None Available
Harris Stephen R Dana S $416,000 --
Archill Inc $65,000 --
Masonboro Forest Inc $1,503,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Call Kenneth Lee $398,400
Previous Owner Arnold Judy L $93,000
Previous Owner Arnold Judy L $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $498,000 -5.9% $133 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
11/27/2013 11/27/13 For Sale $529,000 -- $141 / 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 $2,973 $554,800 $112,300 $442,500
2022 $2,994 $554,800 $112,300 $442,500
2021 $3,050 $554,800 $112,300 $442,500
2020 $3,136 $495,800 $122,300 $373,500
2019 $3,136 $495,800 $122,300 $373,500
2018 $3,136 $495,800 $122,300 $373,500
2017 $3,210 $495,800 $122,300 $373,500
2016 $3,279 $473,100 $122,300 $350,800
2015 $3,047 $473,100 $122,300 $350,800
2014 $2,995 $473,100 $122,300 $350,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lois Potratz

    Intracoastal Realty Corp

  • Jane Dodd

    Buyer's Agent in 2014

    Jane Dodd

    Intracoastal Realty Corp

    (910) 617-3208

    1 in this area

    110 Total Sales

    Jane Dodd
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Source: Hive MLS

MLS Number: 30499190

Hive MLS

APN: R07100-005-024-000

North Carolina New Hanover County Wilmington 28409

Masonboro Forest

This home since 27 November 2013 and is currently estimated at $903,869, approximately $241 per square foot. This property was built in 2001. This home is a home located in New Hanover County with nearby schools including Holly Tree Elementary School, Roland-Grise Middle School, and John T. Hoggard High School.

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