NOT LISTED FOR SALE

5409 Marina Club Dr Unit 36 Wilmington, NC 28409

Estimated Value: $741,000 - $1,038,000

4 Beds
3.5 Baths
2,085 Sq Ft
$452/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $900,000 $432 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,826/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • Marina
  • Boat Dock
  • Heyward C. Bellamy Elementary School Rated A-
  • Views of a Sound
  • Home fronts a sound

About This Home

As of June 2022

Immaculate and updated townhome in Tangle Oaks with a private 30ft boat slip right outside your door! Amazing intracoastal and ocean water views all the way to Wrightsville Beach! Townhome hosts 4 bedrooms, 3.5 baths, open kitchen with granite countertops and stainless steel appliances, spacious dining area and large living room. Expansive TREX decks on all 3 floors. Beautiful hardwood floors. Wood burning fireplace in living room. Hurricane shutters for all 3 levels. Tangle Oaks offers a pool, playground, picnic area, boat/trailer storage, boat slip, marina and an amazing waterside walkway and viewing area with panoramic views of the Intracoastal Waterway! A truly beautiful home convenient to everything and not in the city limits!

Last Agent to Sell the Property

Lori Speight

Masonboro Realty, Inc. License #197270 Listed on: 05/18/2022

Last Buyer's Agent

Tarry Boyd

RE/MAX Executive License #319971

RE/MAX Executive

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1983

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22x91
  • Home fronts a sound

HOA Fees

  • $564 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

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

Interior Spaces

  • 2,085 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Termite Clearance
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Property is near a marina
  • Bulkhead
  • Boat Slip
  • Deck

Location

  • Flood Insurance May Be Required

Schools

  • Bellamy Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R0-7713-004-001-036

Community Details

Overview

  • Master Insurance
  • Tangle Oaks Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,877

Year Built

Built in 1983

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1983
  • Road Frontage Type: ICW Front, Sound Front, Marina Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Entrance Foyer, Ceiling Fan(s)
  • Laundry Location: Laundry Room
  • List Price per Sq Ft: 419.66
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 2085.00
  • Total Heated Primary Separate Sq Ft: 2085.00

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Board/Hurricane
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Built-In Microwave, Refrigerator, Electric Cooktop, Dishwasher
  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Forced Air
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Waterfront Community, Street Lights, Termite Bond, Taxes, Picnic Area, Community Pool, Master Insure, Marina, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 6768.00

Lot Info

  • Deed Page: 1590.00
  • Lot Acres: 0.05
  • Lot Dimensions: 22x91
  • Lot Sq Ft: 2178.00
  • Lot Water Features: Boat Dock, Water Access Comm, Water Depth 4+, Deeded Water Access, Deeded Water Rights, Bulkhead, Boat Slip
  • Special Assessments: yes
  • Zoning: R-15
  • Lot View Type: ICW View, Water, Sound View, Ocean, Marina

Tax Info

  • Tax Identifier: R0-7713-004-001-036
  • Tax Year: 2022

MLS Schools

  • Elementary School: Bellamy
  • High School: Ashley
  • Middle School: Myrtle Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 6, 2020
Sold by
Brown Jeffrey Hughie and Brown Dawn Gillis
Bought by
Sullivan Stephen Neil and Sullivan Jennifer Raines
Seller's Agent
Barbara Pugh
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Lori Speight
Masonboro Realty, Inc.
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%
Current Estimated Value
$942,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,594
Avg. Annual Appreciation
9.29%
Original Mortgage
$395,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2016
Closed on
Apr 21, 2017
Sold by
Walker Nancy E and Schroeder David C
Bought by
Brown Jeffrey Hughie and Brown Dawn Gillie
Seller's Agent
Lisa Sledzik
RE/MAX Essential
Buyer's Agent
Erica Thomas
Coastal Development & Realty
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$388,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2017
Sold by
Walker Nancy E
Bought by
Walker Nancy E and Schroeder David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Pllc Calder Law
Bought by
Calder Law Pllc

Purchase Details

Closed on
May 9, 2013
Sold by
Laite Gilbert C
Bought by
Schroeder David and Walker Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2001
Sold by
Abbott Gary A Marianne S
Bought by
Laite Gilbert C Iii Priscilla

Purchase Details

Closed on
Jan 2, 1992
Sold by
Saffo George V
Bought by
Abbott Gary A Marianne S

Purchase Details

Closed on
May 1, 1984
Sold by
Tangle Oaks Corp
Bought by
Saffo Despina T George

Purchase Details

Closed on
Feb 1, 1982
Bought by
Tangle Oaks Corp
Source: Public Records

Range of Values:

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Average Value
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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
Sullivan Stephen Neil $570,000 None Available
Brown Jeffrey Hughie $485,000 None Available
Walker Nancy E -- None Available
Calder Law Pllc -- None Available
Schroeder David $420,000 None Available
Laite Gilbert C Iii Priscilla $260,500 --
Abbott Gary A Marianne S $172,500 --
Saffo Despina T George $150,000 --
Tangle Oaks Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kevin J Barry Trust $720,000
Closed Sullivan Steven Neil $397,500
Closed Sullivan Stephen Neil $395,000
Previous Owner Brown Jeffrey Hughie $388,000
Previous Owner Schroeder David $336,000
Previous Owner Laite Gilbert C $250,000
Previous Owner Laite Gilbert C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $900,000 +2.9% $432 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $875,000 +53.5% $420 / Sq Ft
01/16/2020 01/16/20 Sold $570,000 +1.8% $273 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $560,000 +15.5% $269 / Sq Ft
05/03/2017 05/03/17 Sold $485,000 -2.8% $228 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
02/12/2016 02/12/16 For Sale $499,000 -- $234 / 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 $2,877 $536,500 $375,000 $161,500
2022 $2,898 $536,500 $375,000 $161,500
2021 $2,949 $536,500 $375,000 $161,500
2020 $2,367 $374,200 $216,300 $157,900
2019 $2,367 $374,200 $216,300 $157,900
2018 $2,367 $374,200 $216,300 $157,900
2017 $2,423 $374,200 $216,300 $157,900
2016 $2,321 $334,900 $216,300 $118,600
2015 $2,157 $334,900 $216,300 $118,600
2014 $2,120 $334,900 $216,300 $118,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100328642

Hive MLS

APN: R07713-004-001-036