NOT LISTED FOR SALE

5409 Marina Club Dr Wilmington, NC 28409

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

4 Beds
3.5 Baths
2,000 Sq Ft
$471/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $420,000 $210 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,708/month

105 Days on Market

Highlights

  • Waterfront
  • Boat Dock
  • Boat Slip
  • Heyward C. Bellamy Elementary School Rated A-
  • Water Access
  • Intracoastal View

About This Home

As of May 2013

This is a rare opportunity to own a waterfront townhouse with a boat slip in Wilmington. This is the best of coastal living! Walk out your back door & hop on your boat, take a dip in the community pool, challenge your neighbor to a game of tennis, or just relax on one of your brand new decks and soak in the incredible views. This unit offers plenty of space for everyone. The versatility of the large ground floor room with full bath gives you the option of having a 4th bedroom (no closet), a home office, or a family room. Light pours into the second floor common areas and the open layout allows for easy entertaining. You even have amazing views to the south from the kitchen and the two third floor bedrooms. The master retreat completes the third floor and just when you thought the

Last Agent to Sell the Property

Teresa Krebs

Coastwalk Real Estate, LLC Listed on: 01/16/2013

Last Buyer's Agent

Lisa Sledzik

RE/MAX Essential License #217714

RE/MAX Essential

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 22x91x22x90

HOA Fees

  • $446 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Stick Built Home

Interior Spaces

  • 2,000 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Intracoastal Views
  • Pull Down Stairs to Attic
  • Pest Guard System

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8307

Community Details

Overview

  • Tangle Oaks Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront
  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,877

Year Built

Built in 1983

Lot Details

0

HOA Fees

$446 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1983
  • Road Frontage Type: Marina Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Furnished
  • Laundry Location: Room
  • List Price per Sq Ft: 214.50
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Dining Room Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2000.00
  • Total Heated Primary Separate Sq Ft: 2000.00

Exterior Features

  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Heating System: Forced Air
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Tennis Court(s), Maint - Comm Areas, Playground, Pest Control, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Boat Slip - Assign
  • HOAAssociationFee1Year: 5352.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2105.00
  • Lot Acres: 0.05
  • Lot Dimensions: 22x91x22x90
  • Lot Number: 8307
  • Lot Sq Ft: 2178.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm
  • Special Assessments: Annual insurance assessment of
  • Zoning: R-15
  • Lot View Type: ICW View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2020
Sold by
Brown Jeffrey Hughie and Brown Dawn Gillis
Bought by
Sullivan Stephen Neil and Sullivan Jennifer Raines
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.
Original Mortgage
$395,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2017
Sold by
Walker Nancy E and Schroeder David C
Bought by
Brown Jeffrey Hughie and Brown Dawn Gillie

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
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

Listed on
Jan 16, 2013
Closed on
May 9, 2013
Sold by
Laite Gilbert C
Bought by
Schroeder David and Walker Nancy
Seller's Agent
Teresa Krebs
Coastwalk Real Estate, LLC
Buyer's Agent
Lisa Sledzik
RE/MAX Essential
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
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
05/10/2013 05/10/13 Sold $420,000 -2.1% $210 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $429,000 -- $215 / 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

  • T

    Seller's Agent in 2013

    Teresa Krebs

    Coastwalk Real Estate, LLC

  • L

    Buyer's Agent in 2013

    Lisa Sledzik

    RE/MAX

    (910) 538-9190

    1 in this area

    9 Total Sales

    Lisa Sledzik
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Map

Source: Hive MLS

MLS Number: 30485735

Hive MLS

APN: R07713-004-001-036

North Carolina New Hanover County Wilmington 28409

5409 Marina Club Dr, Wilmington, NC

This home is located at 5409 Marina Club Dr, Wilmington, NC 28409 since 16 January 2013 and is currently estimated at $942,594, approximately $471 per square foot. This property was built in 1983. 5409 Marina Club Dr is a home located in New Hanover County with nearby schools including Heyward C. Bellamy Elementary School, Myrtle Grove Middle School, and Eugene Ashley High School.

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