NOT LISTED FOR SALE

5404 Pond Dr Unit 50 Wilmington, NC 28409

Estimated Value: $809,000 - $1,080,000

3 Beds
4 Baths
2,053 Sq Ft
$470/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $700,000 $341 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,906/month

16 Days on Market

Highlights

  • Marina
  • Views of a Sound
  • Boat Slip
  • Heyward C. Bellamy Elementary School Rated A-
  • Community Boat Slip
  • Deep Water Access

About This Home

As of February 2021

Location, Location, Location! Updated waterfront townhome in the sought after TangleOaks Club Marina. Newly renovated three bedroom, four bath (2 Full 2 Half) unit with serene ICWW andMasonboro Island views. An easy to dock 30' boat slip literally right below your patio makes keeping aneye on your boat easy and convenient. Three levels of outdoor spaces with low maintenance decks forbringing entertaining outside. Third level Master bedroom enjoys magnificent sunrises over the AtlanticIntracoastal Waterway with the morning sun peeking over the ocean in the horizon. Two additionalbedrooms on the upper third level with two full baths that have been fully renovated. Brand new carpetand tile on upper level. Second level fully renovated with an open concept kitchen and new cabinets,Quartz countertops and stainless appliances. Brand new coastal distressed LVT flooring on lower leveland second level making clean ups a breeze. Living room adjacent to the open dining area has a shiplapped fireplace, study nook and the neutral decorating palette appeals to many tastes.Lower level space offers tremendous flexibility and could be additional living area, family room or bunkroom for additional sleeping with a 1/2 bath. Garage has ample space for additional fridge, beachcruisers and all boating and fishing necessities. Community amenities include majestic Oak Lined streets,pool, marina, boat/trailer storage, tennis courts, playground, picnic area and a walking deck alongsidethe water. 2-10 Home Warranty included.

Last Agent to Sell the Property

Sandy Monroe

Coldwell Banker Sea Coast Advantage License #149923 Listed on: 11/25/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Teresa Hill

Intracoastal Realty Corp License #79681

Intracoastal Realty Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1984

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 20x90x20x90
  • Home fronts a pond
  • Property fronts a private road

HOA Fees

  • $559 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Marina
  • Intracoastal
  • Pond

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,053 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deep Water Access
  • Property is near a marina
  • Boat Slip
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number R07713-004-001-050

Community Details

Overview

  • Master Insurance
  • Tangle Oaks Subdivision
  • Maintained Community

Recreation

  • Community Boat Slip
  • RV or Boat Storage in Community
  • Marina
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,836

Year Built

Built in 1984

Lot Details

0

HOA Fees

$559 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1984
  • Road Frontage Type: Marina Front, Pond Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Solid Surface, Foyer
  • Laundry Location: Room
  • List Price per Sq Ft: 353.14
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Laundry Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Office Level: First
  • Sq Ft Heated: 2053.00
  • Total Heated Primary Separate Sq Ft: 2053.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Taxes, Termite Bond, RV/Boat Storage, Community Pool, Master Insure, Marina, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 6708.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1645.00
  • Lot Acres: 0.04
  • Lot Dimensions: 20x90x20x90
  • Lot Number: 50
  • Lot Sq Ft: 1800.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm, Water Depth 4+
  • Plat Book: 3
  • Plat Page: 81-82
  • Zoning: R15
  • Lot View Type: ICW View, Water View, Sound View, Pond View, Marina View

Tax Info

  • Tax Identifier: R07713-004-001-050
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 28, 2021
Sold by
Fogleman Chad Harris and Fogleman Crystal Lunsford
Bought by
Santos Jorge P and Acevedo Wilmarie N
Seller's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Teresa Hill
Intracoastal Realty Corp
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$964,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,126
Avg. Annual Appreciation
7.10%
Original Mortgage
$567,000
Outstanding Balance
$505,350
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$458,776

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 8, 2019
Sold by
Foscolo Marc B and Foscolo Corazon
Bought by
Fogleman Chad Harris and Fogleman Crystal Lunsford
Seller's Agent
Deepa Buxani
Keller Williams Innovate-Wilmington
Buyer's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
List Price
$525,000
Sold Price
$469,000
Premium/Discount to List
-$56,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.44%
Original Mortgage
$422,100
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1985
Sold by
Tangle Oaks Corp
Bought by
Foscolo Marc B

Purchase Details

Closed on
Feb 1, 1982
Bought by
Tangle Oaks Corp
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
Santos Jorge P $700,000 None Available
Santos Jorge P $1,400 Mahn Daniel D
Fogleman Chad Harris $469,000 None Available
Foscolo Marc B $168,000 --
Tangle Oaks Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Jorge P $567,000
Closed Santos Jorge P $567,000
Previous Owner Fogleman Chad Harris $422,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $700,000 -3.4% $341 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $725,000 +54.6% $353 / Sq Ft
10/10/2019 10/10/19 Sold $469,000 -10.7% $234 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $525,000 -- $262 / 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
2024 $2,836 $528,700 $375,000 $153,700
2023 $2,836 $528,700 $375,000 $153,700
2022 $0 $528,700 $375,000 $153,700
2021 $2,378 $531,600 $375,000 $156,600
2020 $2,378 $375,900 $216,300 $159,600
2019 $2,378 $375,900 $216,300 $159,600
2018 $2,378 $375,900 $216,300 $159,600
2017 $2,434 $375,900 $216,300 $159,600
2016 $2,322 $335,000 $216,300 $118,700
2015 $2,157 $335,000 $216,300 $118,700
2014 $2,121 $335,000 $216,300 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100246869

Hive MLS

APN: R07713-004-001-050