NOT LISTED FOR SALE

513 N Channel Dr Wrightsville Beach, NC 28480

Estimated Value: $2,141,000 - $2,540,000

3 Beds
2 Baths
2,993 Sq Ft
$763/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $1,500,000 $501 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,574/month

15 Days on Market

Highlights

  • Ocean View
  • Spa
  • Wood Flooring
  • Wrightsville Beach Elementary School Rated A-
  • Deck
  • Sun or Florida Room

About This Home

As of May 2021

Before being coined the Half and Half House by critically acclaimed architect Michael R. Kersting this home's life began as a small beach cottage in the thirties. Over the course of it's history the home has been masterfully restored and renovated into a work of art you must personally experience to truly appreciate. The traditional craftsmanship of the original cottage is evident from the four-over-four sash windows, french doors with attached decorative balconies, and cedar shake siding at the front of the home. Towering from the multi level roof top decks to the rear of the home is Kersting's first modernist architectural addition on Wrightsville Beach. The home's interior is an eclectic mix of vintage and contemporary details, blending formal Victorian and cottage style fixtures. At the heart is one of it's most creative features, a stairwell completely clad in Ipe from the ground floor winding all the way to the roof. The staircase is illuminated from top to bottom by a single light passing through ships prisms. Foremost architectural components and custom touches abound in this home. There are just too many features to list. Please contact the listing agent for additional information or to schedule a tour.

Last Agent to Sell the Property

Wynne Harrington

Coastal Properties License #225745 Listed on: 03/31/2021

Coastal Properties

Last Buyer's Agent

Lynne Galloway

Landmark Sotheby's International Realty License #251704

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,702

Year Built

  • Built in 1935

Lot Details

  • 3,920 Sq Ft Lot
  • Property fronts a marsh
  • Wood Fence

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Steel Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,993 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Blinds
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Partial Basement

Kitchen

  • Stove
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R05720003007000

Community Details

Overview

  • No Home Owners Association
  • Shore Acres Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,702

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 4th Floor or Higher Unit
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: Blinds/Shades, Security System, Walk-In Closet, Walk-in Shower, Solid Surface, Elevator, Pantry, Intercom/Music, Hot Tub
  • Laundry Location: Room
  • List Price per Sq Ft: 467.76
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Dining Room Level: Second
  • Family Room Level: Third
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sunroom Level: Second
  • Sq Ft Heated: 2993.00
  • Total Heated Primary Separate Sq Ft: 2993.00

Exterior Features

  • Exterior Features: Outdoor Shower, Security Lighting
  • Exterior Finish: Steel Siding, Wood Siding
  • Exterior Structures: Shower
  • Fencing: Partial, Wood
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Balcony, Porch, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dryer, Refrigerator, Washer, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Propane, Tankless
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 633.00
  • Lot Acres: 0.09
  • Lot Sq Ft: 3920.00
  • Zoning: R-1
  • Lot View Type: ICW View, Sound View, Ocean View, Marsh View

Tax Info

  • Tax Identifier: R05720003007000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 6, 2021
Sold by
Bryant Alice S and The Alice S Bryant Revocable T
Bought by
Fayed Jennifer C and Fayed Michael E
Seller's Agent
Wynne Harrington
Coastal Properties
Buyer's Agent
Lynne Galloway
Landmark Sotheby's International Realty
List Price
$1,400,000
Sold Price
$1,500,000
Premium/Discount to List
$100,000
7.14%
Current Estimated Value
$2,284,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$784,205
Avg. Annual Appreciation
9.89%
Original Mortgage
$1,125,000
Outstanding Balance
$1,017,361
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,266,844

Purchase Details

Closed on
Feb 28, 2017
Sold by
Bryant Alice Scott and Gunz Jeffrey S
Bought by
Bryant Alice S and Alice S Bryant Revocable Trust

Purchase Details

Closed on
Oct 25, 2001
Sold by
Wright Iii Thomas H
Bought by
Bryant Alice Scott

Purchase Details

Closed on
Jul 15, 1999
Sold by
King Dennis G B Kathryn
Bought by
Wright Thomas H

Purchase Details

Closed on
Jun 21, 1993
Sold by
Ormond John K Jr Evelyn J W
Bought by
King Dennis G B Kathryn

Purchase Details

Closed on
Jun 1, 1983
Sold by
Bland Walter L Elizabeth W
Bought by
Ormond John K

Purchase Details

Closed on
Nov 1, 1981
Sold by
Sykes Durwood Gerry
Bought by
Bland Walter L Elizabeth W

Purchase Details

Closed on
Sep 1, 1981
Sold by
Divine Tyler W Mrs
Bought by
Sykes Durwood Gerry

Purchase Details

Closed on
Dec 1, 1968
Bought by
Divine Tyler W Mrs
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
Fayed Jennifer C $1,500,000 None Available
Bryant Alice S -- None Available
Bryant Alice Scott $429,000 --
Wright Thomas H $270,000 --
King Dennis G B Kathryn $187,500 --
Ormond John K $8,000 --
Bland Walter L Elizabeth W $22,500 --
Sykes Durwood Gerry -- --
Divine Tyler W Mrs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fayed Jennifer C $1,125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $1,500,000 +7.1% $501 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $1,400,000 -- $468 / 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
2025 $6,702 $1,866,400 $902,700 $963,700
2023 $5,983 $1,103,300 $618,800 $484,500
2022 $5,915 $1,080,800 $618,800 $462,000
2021 $6,131 $1,080,800 $618,800 $462,000
2020 $5,826 $853,600 $328,600 $525,000
2019 $5,826 $853,600 $328,600 $525,000
2018 $0 $853,600 $328,600 $525,000
2017 $5,954 $853,600 $328,600 $525,000
2016 $3,642 $481,800 $282,200 $199,600
2015 $3,406 $481,800 $282,200 $199,600
2014 $3,310 $481,800 $282,200 $199,600
Source: Public Records

Agents Affiliated with this Home

  • Wynne Harrington

    Seller's Agent in 2021

    Wynne Harrington

    Coastal Properties

    (910) 547-2848

    1 in this area

    39 Total Sales

    Wynne Harrington
    Section Image
  • Lynne Galloway

    Buyer's Agent in 2021

    Lynne Galloway

    Landmark Sotheby's International Realty

    (910) 256-4503

    14 in this area

    80 Total Sales

    Lynne Galloway
    Section Image
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Map

Source: Hive MLS

MLS Number: 100264057

Hive MLS

APN: R05720-003-007-000

North Carolina New Hanover County Wrightsville Beach 28480

513 N Channel Dr, Wrightsville Beach, NC

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