NOT LISTED FOR SALE

501 Marsh Oaks Dr Wilmington, NC 28411

Estimated Value: $875,000 - $1,014,366

6 Beds
5 Baths
3,461 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $500,000 $144 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,488/month

102 Days on Market

Highlights

  • Water Views
  • Finished Room Over Garage
  • Deck
  • Porters Neck Elementary School Rated A-
  • Clubhouse
  • Wetlands on Lot

About This Home

As of March 2020

Incredible value offered in this marsh view home. Gleaming hardwood floors welcome you home and guide you through the main level accented by beautiful custom finishes. The private master suite features double sinks, walk in shower, jacuzzi tub, custom walk in closet and a water closet. Impressive chef's kitchen with double ovens, under cabinet lighting and custom pull out drawers. Guests will appreciate the private bedrooms and full bath accommodations throughout the home. RO system installed in kitchen 2019. Spacious FROG great for media room, playroom, or exercise room. Enjoy outdoor entertaining in the screened porch, multi level deck and inviting yard. Deep garage with loft storage. Circular driveway with abundance of parking. The Marsh Oaks community welcomes you with Jr Olympic size pool, tennis courts and a low country style clubhouse. Social events hosted throughout the year. Current owners have not experienced flooding on the property since purchasing the home. Floor plans, Survey, Improvements saved under Documents.

Last Agent to Sell the Property

Ariana Jo

Intracoastal Realty Corp License #288180 Listed on: 10/04/2019

Intracoastal Realty Corp

Last Buyer's Agent

The Cheek Team

Keller Williams Realty-Brunswick County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 2005

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 101.65x334.53x39.88x326.46
  • Property fronts a marsh
  • Wood Fence
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $53 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,461 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Finished Room Over Garage
  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Wetlands on Lot
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R03600005245000

Community Details

Overview

  • Marsh Oaks Subdivision
  • Maintained Community

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

$3,174

Year Built

Built in 2005

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Foyer, Pantry, Gas Logs, Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 149.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 6
  • Number Rooms: 12
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Bedroom 6 Level: Second
  • Breakfast Nook Level: Main
  • Dining Room Level: Main
  • Fished Room Over Garage Level: Second
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 3461.00
  • Total Heated Primary Separate Sq Ft: 3461.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors
  • Exterior Finish: Brick Veneer
  • Fencing: Wood
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Patio, Screened, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Circular, Paved, Off Street

Utilities

  • Appliances Equipment: Compactor, Dishwasher, Refrigerator, Microwave - Built-In, Double Oven, Disposal, Cooktop - Electric
  • Cooling System: Central, Zoned
  • 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, Playground, Tennis Court(s), Sidewalk, Maint - Comm Areas, Management, Maint - Grounds, Community Pool
  • HOAAssociationFee1Year: 640.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1889.00
  • Lot Acres: 0.54
  • Lot Description: Wetlands
  • Lot Dimensions: 101.65x334.53x39.88x326.46
  • Lot Sq Ft: 23522.00
  • Plat Book: 45
  • Plat Page: 370
  • Zoning: R-15
  • Lot View Type: Marsh View

Tax Info

  • Tax Identifier: R03600005245000
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Mar 16, 2020
Sold by
Gilb Kenneth D and Gilb Gina L
Bought by
Karabin Daniel G and Karabin Danielle M
Seller's Agent
Ariana Jo
Intracoastal Realty Corp
Buyer's Agent
The Cheek Team
Keller Williams Realty-Brunswick County
List Price
$529,900
Sold Price
$500,000
Premium/Discount to List
-$29,900
-5.64%
Current Estimated Value
$948,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,842
Avg. Annual Appreciation
12.35%
Original Mortgage
$400,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2017
Closed on
Mar 5, 2018
Sold by
Micklos Rebekah Lynn and Micklos Living Trust
Bought by
Gilb Kenneth D and Gilb Gina L
Seller's Agent
Brett Knowles
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Michelle Clark
Intracoastal Realty Corp
List Price
$489,900
Sold Price
$469,500
Premium/Discount to List
-$20,400
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$436,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Micklos D Vaughn and Micklos Rebekah L
Bought by
Micklos D Vaughn and Micklos Rebekah Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Tony Ivey Construction Inc
Bought by
Micklos Donald V and Micklos Rebekah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,600
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Bayshore Estates Inc
Bought by
Tony Ivey Construction Inc

Purchase Details

Closed on
Apr 21, 1961
Sold by
Koonce Donald B Louise
Bought by
Bayshore Estates 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
Karabin Daniel G $500,000 None Available
Gilb Kenneth D $470,000 None Available
Micklos D Vaughn -- None Available
Micklos Donald V $556,000 None Available
Tony Ivey Construction Inc $77,500 --
Bayshore Estates Inc $182,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karabin Daniel G $402,000
Closed Karabin Daniel G $400,000
Previous Owner Gilb Kenneth D $437,022
Previous Owner Gilb Kenneth D $436,500
Previous Owner Micklos D Vaughn $392,800
Previous Owner Micklos D Vaughn $410,000
Previous Owner Micklos D Vaughn $458,000
Previous Owner Micklos Donald V $444,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $500,000 -5.6% $144 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
10/04/2019 10/04/19 For Sale $529,900 +12.9% $153 / Sq Ft
03/05/2018 03/05/18 Sold $469,500 -4.2% $137 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
11/02/2017 11/02/17 For Sale $489,900 -- $143 / 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 $3,174 $597,800 $152,500 $445,300
2022 $3,200 $597,800 $152,500 $445,300
2021 $3,281 $597,800 $152,500 $445,300
2020 $2,849 $450,400 $98,500 $351,900
2019 $2,849 $450,400 $98,500 $351,900
2018 $2,849 $450,400 $98,500 $351,900
2017 $2,916 $450,400 $98,500 $351,900
2016 $3,256 $469,800 $109,500 $360,300
2015 $3,026 $469,800 $109,500 $360,300
2014 $2,974 $469,800 $109,500 $360,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100187326

Hive MLS

APN: R03600-005-245-000