NOT LISTED FOR SALE

505 Bayfield Dr Wilmington, NC 28411

Estimated Value: $699,000 - $753,000

4 Beds
3.5 Baths
2,842 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $435,000 $153 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,165/month

5 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Bonus Room
  • Porters Neck Elementary School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of October 2020

4 bedroom 3 1/2 bath home in Marsh Oaks. One story living with 3 bedrooms downstairs, 1 bedroom, a bonus room plus full bath upstairs. This home has quartz counter tops, hardwood flooring throughout downstairs, new carpet upstairs, and the HVAC systems were changed from dual zoned system to 2 separate units in 2014. Great rocking chair front porch, open living area, and a screened porch off the back! Community amenities include pool, tennis, clubhouse and playground (when not in a pandemic!) come check it out! Agent is licensed real estate broker

Last Agent to Sell the Property

Janet Cronemiller

BlueCoast Realty Corporation License #228352 Listed on: 08/23/2020

BlueCoast Realty Corporation

Last Buyer's Agent

Spencer Rhem

Keller Williams Innovate-Wilmington License #278974

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Sprinkler System
  • Property is zoned r-15

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,842 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Bonus Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R03600-005-294-000

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

$2,198

Year Built

Built in 2005

Lot Details

0

HOA Fees

$55 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: 1.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 1st Floor Master, Sprinkler System, Walk-In Closet, Gas Logs, Foyer, Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 153.06
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2842.00
  • Total Heated Primary Separate Sq Ft: 2842.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Tennis Court(s), Street Lights, Community Pool, Management, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 660.00

Lot Info

  • Deed Page: 445.00
  • Lot Acres: 0.29
  • Lot Dimensions: irregular see tax records
  • Lot Sq Ft: 12632.00
  • Plat Book: 49
  • Plat Page: 264
  • Zoning: r-15

Tax Info

  • Tax Identifier: R03600-005-294-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2020
Closed on
Oct 5, 2020
Sold by
Cronemiller Curtis G and Cronemiller Janet G
Bought by
Claremont Alexander and Clifton Jennifer Murray
Seller's Agent
Janet Cronemiller
BlueCoast Realty Corporation
Buyer's Agent
Spencer Rhem
Keller Williams Innovate-Wilmington
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$726,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,361
Avg. Annual Appreciation
10.02%
Original Mortgage
$413,250
Outstanding Balance
$371,693
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,554

Purchase Details

Closed on
Apr 19, 2006
Sold by
Hagood Homes Inc
Bought by
Cronemiller Curtis G and Cronemiller Janet G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bayshore Estates Inc
Bought by
Hagood Homes 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
Claremont Alexander $435,000 None Available
Cronemiller Curtis G $370,000 None Available
Hagood Homes Inc $114,000 None Available
Bayshore Estates Inc $182,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claremont Alexander $413,250
Previous Owner Cronemiller Janet G $96,000
Previous Owner Cronemiller Curtis G $255,000
Previous Owner Cronemiller Curtis G $340,000
Previous Owner Cronemiller Curtis G $356,000
Previous Owner Cronemiller Curtis G $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $435,000 0.0% $153 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $435,000 -- $153 / 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 $2,198 $410,900 $105,000 $305,900
2022 $2,214 $410,900 $105,000 $305,900
2021 $2,258 $410,900 $105,000 $305,900
2020 $2,020 $319,300 $70,700 $248,600
2019 $2,020 $319,300 $70,700 $248,600
2018 $2,020 $319,300 $70,700 $248,600
2017 $2,067 $319,300 $70,700 $248,600
2016 $2,179 $314,500 $70,700 $243,800
2015 $2,025 $314,500 $70,700 $243,800
2014 $1,991 $314,500 $70,700 $243,800
Source: Public Records

Agents Affiliated with this Home

  • Janet Cronemiller

    Seller's Agent in 2020

    Janet Cronemiller

    BlueCoast Realty Corporation

    (910) 297-3835

    18 in this area

    83 Total Sales

    Janet Cronemiller
    Section Image

  • S

    Buyer's Agent in 2020

    Spencer Rhem

    Keller Williams Innovate-Wilmington

    (910) 777-2200

    1 in this area

    68 Total Sales

    Spencer Rhem
    Section Image
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Map

Source: Hive MLS

MLS Number: 100233394

Hive MLS

APN: R03600-005-294-000

North Carolina New Hanover County Wilmington 28411

505 Bayfield Dr, Wilmington, NC

This home is located at 505 Bayfield Dr, Wilmington, NC 28411 since 23 August 2020 and is currently estimated at $726,361, approximately $255 per square foot. This property was built in 2005. 505 Bayfield Dr is a home located in New Hanover County with nearby schools including Porters Neck Elementary School, Holly Shelter Middle School, and Emsley A. Laney High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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