NOT LISTED FOR SALE

5416 Andrews Reach Loop Wilmington, NC 28409

Beasley Neighborhood

Estimated Value: $837,305 - $896,000

4 Beds
3.5 Baths
2,888 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $447,750 $155 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,053/month

Highlights

  • Waterfront
  • Water Views
  • Wood Flooring
  • Masonboro Elementary School Rated A
  • Clubhouse
  • Sun or Florida Room

About This Home

As of March 2016

Andrews Reach features a community clubhouse, swimming pool and pier that are in and complete. Additionally, there will be canoe and kayak racks. The area offers both interior and marsh front home sites, ranging from 1/3 to 1/2 acres in size. Homes must be a minimum of 2500 Square Feet,

Last Agent to Sell the Property

Sandy Monroe

Coldwell Banker Sea Coast Advantage License #149923 Listed on: 03/11/2014

Coldwell Banker Sea Coast Advantage

Co-Listed By

CeCee Poe

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 2014

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 90x153x90x152
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 2,888 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Water Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R06700-001-043-000

Community Details

Overview

  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Waterfront
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,657

Year Built

Built in 2014

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 2014
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: Gas Logs
  • List Price per Sq Ft: 155.04
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 2888.00
  • Total Heated Primary Separate Sq Ft: 2888.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Brick Veneer, Stone
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Other See Remarks: Cmnt
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Disposal
  • Cooling System: See Remarks
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Taxes, Picnic Area, Maint - Comm Areas, Management, Community Pool
  • HOAAssociationFee1Year: 1200.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1839.00
  • Lot Acres: 0.32
  • Lot Dimensions: 90x153x90x152
  • Lot Sq Ft: 13761.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 00
  • Plat Page: 00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R06700-001-043-000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2014
Sold by
Andrews Reach Developers Llc
Bought by
Adams Brandon John and Adams Anne Lindsey
Current Estimated Value
$864,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,450
Interest Rate
4.37%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2012
Sold by
Atlas Nc Ii Spe Llc
Bought by
Andrews Reach Developers Llc
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
Adams Brandon John $95,000 None Available
Andrews Reach Developers Llc $1,178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Brandon John $300,000
Closed Adams Brandon John $250,000
Closed Adams Brandon J $100,000
Closed Adams Brandon John $380,000
Closed Adams Brandon John $75,000
Closed Adams Brandon J $75,000
Closed Adams Brandon John $355,000
Closed Adams Brandon John $44,500
Closed Adams Brandon John $358,000
Closed Adams Brandon John $398,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $447,750 0.0% $155 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $447,750 -- $155 / 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 $4,657 $535,300 $103,500 $431,800
2023 $4,657 $524,300 $103,500 $420,800
2022 $4,457 $524,300 $103,500 $420,800
2021 $4,229 $494,200 $103,500 $390,700
2020 $4,443 $421,800 $100,000 $321,800
2019 $4,443 $421,800 $100,000 $321,800
2018 $4,443 $421,800 $100,000 $321,800
2017 $4,443 $421,800 $100,000 $321,800
2016 $4,877 $440,200 $125,000 $315,200
2015 $4,662 $440,200 $125,000 $315,200
2014 $406 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30502847

Hive MLS

APN: R06700-001-043-000