NOT LISTED FOR SALE

5208 Masonboro Loop Rd Wilmington, NC 28409

Estimated Value: $413,375 - $473,000

3 Beds
2.5 Baths
1,628 Sq Ft
$265/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $221,000 $136 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,398/month

1 Day on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Fenced Yard
  • Heyward C. Bellamy Elementary School Rated A-
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of August 2018

This lovely home in conveniently located in the Masonboro area close to public boat ramp, restaurants and shopping. Enter in to find solid maple hardwoods throughout the spacious living room, dining room & kitchen all filled with natural lighting. The beautiful kitchen has been updated with stainless steel appliances & gorgeous granite countertops. Find a large family room w/ fireplace & slate flooring opening up into the screened porch Find the master suite upstairs with walk in closet and private bathroom featuring a cast iron tub. Second floor features two additional bedrooms with shared full bathroom. Outside enjoy the large fenced in yard for Wilmington's wonderful weather. Additional features include solid wood doors throughout, new siding, recessed lighting and new windows.

Last Agent to Sell the Property

Jessica Riffle Edwards

Coldwell Banker Sea Coast Advantage Listed on: 07/26/2018

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Kristin Freeman

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Fenced Yard
  • Wood Fence
  • Property is zoned R-15

Home Design

  • Block Foundation
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,628 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Barton Oaks Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R07608-003-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,539

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Blinds/Shades, Walk-In Closet, Ceiling Fan(s)
  • List Price per Sq Ft: 138.21
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1628.00
  • Total Heated Primary Separate Sq Ft: 1628.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Block
  • Porch Balcony Deck: Covered, Screened, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 156.00
  • Lot Acres: 0.34
  • Lot Dimensions: Irregular
  • Lot Number: 3
  • Lot Sq Ft: 14810.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R07608-003-008-000
  • Tax Year: 2017

MLS Schools

  • Elementary School #2: Bellamy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Musselman Andrew B and Musselman Elizabeth B
Bought by
Logsdon Brian and Varone Alicia
Current Estimated Value
$431,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,100
Outstanding Balance
$323,232
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$108,362

Purchase Details

Listed on
Jul 26, 2018
Closed on
Aug 24, 2018
Sold by
Stikeleather Paul T and Stikeleather Lisa P
Bought by
Musselman Andrew B and Musselman Elizabeth B
Seller's Agent
Jessica Riffle Edwards
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Kristin Freeman
Keller Williams Innovate-Wilmington
List Price
$225,000
Sold Price
$221,000
Premium/Discount to List
-$4,000
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$176,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1993
Sold by
Pate John M E Dale
Bought by
Stikeleather Paul T Lisa P

Purchase Details

Closed on
Sep 1, 1985
Sold by
Southwoods Dev Co Inc
Bought by
Pate John M E Dale

Purchase Details

Closed on
Apr 1, 1984
Sold by
Lowman Danny H Sherry E
Bought by
Southwoods Dev Co Inc

Purchase Details

Closed on
Dec 1, 1981
Sold by
Southwoods Dev Co Inc
Bought by
Lowman Danny H Sherry E

Purchase Details

Closed on
Apr 1, 1979
Bought by
Southwoods Dev Co 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
Logsdon Brian $358,000 None Listed On Document
Musselman Andrew B $221,000 None Available
Stikeleather Paul T Lisa P $85,000 --
Pate John M E Dale $71,500 --
Southwoods Dev Co Inc $70,000 --
Lowman Danny H Sherry E $70,000 --
Southwoods Dev Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logsdon Brian $340,100
Previous Owner Musselman Andrew B $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $221,000 -1.8% $136 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $225,000 -- $138 / 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 $1,539 $387,200 $123,800 $263,400
2023 $1,362 $240,800 $76,400 $164,400
2022 $1,338 $240,800 $76,400 $164,400
2021 $1,330 $240,800 $76,400 $164,400
2020 $1,181 $186,700 $52,500 $134,200
2019 $1,181 $186,700 $52,500 $134,200
2018 $0 $186,700 $52,500 $134,200
2017 $1,209 $186,700 $52,500 $134,200
2016 $1,067 $154,000 $52,500 $101,500
2015 $992 $154,000 $52,500 $101,500
2014 $975 $154,000 $52,500 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100127386

Hive MLS

APN: R07608-003-008-000