NOT LISTED FOR SALE

5411 Marina Club Dr Wilmington, NC 28409

Estimated Value: $831,000 - $994,000

3 Beds
3.5 Baths
2,087 Sq Ft
$437/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $850,000 $407 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,661/month

18 Days on Market

Highlights

  • Marina
  • Ocean View
  • Boat Slip
  • Heyward C. Bellamy Elementary School Rated A-
  • Community Boat Slip
  • Waterfront

About This Home

As of July 2022

Welcome to Tangle Oaks Marina Townhomes!! This end unit townhome is sure to impress with views from nearly every room. The way the townhome is positioned, you find views to the north, south, and the entire marina. The Kitchen has been recently updated with Granite Tops, stainless appliances, and tile flooring. The wood floors highlight the open living room and master bedroom. Fresh carpet, custom drapery, light/fan fixtures, and paint are just some of the updates the seller has completed. On the main level you will find a bedroom and full bath which would make a great guest suite. The master bedroom and spare bedroom are on the 3rd floor with phenomenal views. Just steps off of you back patio is your 30' boat slip in the completely protected marina. After a day on the water you simply pull up to the dock, walk a few feet, wash off in your private outdoor shower, and relax with a dinner of fresh catch on your balcony porch with breathtaking views!!

Last Agent to Sell the Property

John Theodorakis

Intracoastal Realty Corp License #289057 Listed on: 05/27/2022

Intracoastal Realty Corp

Last Buyer's Agent

Matthew Kane

Real Broker LLC License #297432

Real Broker LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1983

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20 x 90

HOA Fees

  • $564 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Home Design

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

Interior Spaces

  • 2,087 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Pest Guard System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number R07713-004-001-035

Community Details

Overview

  • Master Insurance
  • Tangle Oaks Subdivision
  • Maintained Community

Recreation

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

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,886

Year Built

Built in 1983

Lot Details

0

HOA Fees

$564 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: 1983
  • Trash Collection: Other
  • Road Frontage Type: Marina Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Foyer, Solid Surface, Walk-in Shower, Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 416.82
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: First
  • Dining Room Level: Second
  • Laundry Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2087.00
  • Total Heated Primary Separate Sq Ft: 2087.00

Exterior Features

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

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Pest Control, Tennis Court(s), Playground, Community Pool, Master Insure, Marina, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 6768.00

Lot Info

  • Deed Page: 1361.00
  • Lot Acres: 0.04
  • Lot Dimensions: 20 x 90
  • Lot Number: 35
  • Lot Sq Ft: 1742.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm
  • Plat Book: 3
  • Plat Page: 81
  • Zoning: R-15
  • Lot View Type: ICW View, Water View, Ocean View

Tax Info

  • Tax Identifier: R07713-004-001-035
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2886.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jul 19, 2022
Sold by
Coates Bradley D and Coates Sarah R
Bought by
Harrison Jesse R
Seller's Agent
John Theodorakis
Intracoastal Realty Corp
Buyer's Agent
Matthew Kane
Real Broker LLC
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Current Estimated Value
$912,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,282
Avg. Annual Appreciation
2.26%
Original Mortgage
$764,150
Outstanding Balance
$730,752
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$181,530

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 11, 2021
Sold by
Laitc Gilbert C
Bought by
Coates Bradley D and Coates Sarah R
Seller's Agent
Teresa Krebs
Coastal Select Properties
Buyer's Agent
John Theodorakis
Intracoastal Realty Corp
List Price
$715,000
Sold Price
$695,000
Premium/Discount to List
-$20,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.13%
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2012
Sold by
Meskauskas John A and Meskauskas Martha M
Bought by
Laite Gilbert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,457
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2001
Sold by
Parker Joanne S
Bought by
Meskauskas John A Martha M

Purchase Details

Closed on
Jun 30, 1997
Sold by
Gentry Thomas J Judith Ann
Bought by
Parker Joanne S

Purchase Details

Closed on
Nov 30, 1992
Sold by
Hammermeister Thomas Constance
Bought by
Gentry Thomas J Judith Ann

Purchase Details

Closed on
Aug 10, 1989
Sold by
Ralph Albert H Jacquelyn
Bought by
Hammermeister Thomas Constance

Purchase Details

Closed on
May 1, 1984
Sold by
Tangle Oaks Corp
Bought by
Ralph Albert H Jacquelyn

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
Harrison Jesse R $850,000 Colby & Mincey Pllc
Coates Bradley D $705,000 None Available
Laite Gilbert C $380,000 None Available
Meskauskas John A Martha M $320,000 --
Parker Joanne S $260,000 --
Gentry Thomas J Judith Ann $188,500 --
Hammermeister Thomas Constance $185,500 --
Ralph Albert H Jacquelyn $160,000 --
Tangle Oaks Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Jesse R $764,150
Previous Owner Coates Bradley D $548,250
Previous Owner Laite Gilbert C $135,000
Previous Owner Laite Gilbert C $262,000
Previous Owner Laite Gilbert C $96,747
Previous Owner Laite Gilbert C $308,457
Previous Owner Meskauskas John $303,000
Previous Owner Meskauskas John A $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $850,000 -2.3% $407 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/05/2022 06/05/22 Price Changed $869,900 -0.6% $417 / Sq Ft
05/27/2022 05/27/22 For Sale $875,000 +25.9% $419 / Sq Ft
05/28/2021 05/28/21 Sold $695,000 -2.8% $333 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $715,000 0.0% $343 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $715,000 -- $343 / 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 $2,843 $530,100 $375,000 $155,100
2022 $2,864 $530,100 $375,000 $155,100
2021 $2,898 $527,200 $375,000 $152,200
2020 $2,381 $376,400 $216,300 $160,100
2019 $2,381 $376,400 $216,300 $160,100
2018 $2,381 $376,400 $216,300 $160,100
2017 $2,437 $376,400 $216,300 $160,100
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: 100330387

Hive MLS

APN: R07713-004-001-035