NOT LISTED FOR SALE

5423 Marina Club Dr Wilmington, NC 28409

Estimated Value: $830,000 - $1,034,000

4 Beds
3.5 Baths
2,200 Sq Ft
$432/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $425,000 $193 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,773/month

90 Days on Market

Highlights

  • Boat Dock
  • Marina View
  • Property is near a marina
  • Heyward C. Bellamy Elementary School Rated A-
  • Boat Slip
  • Waterfront

About This Home

As of July 2016

Excellent corner unit town home with views from every window and decks on every level. Enjoy Marina Clubs famed seabreezes & ocean cooled evenings all year long. Enter into a home alive with light from many well placed windows. The open living area arrangement is enhanced by natural light of the end unit. The open kitchen and island offers interaction with family and guest and incredible views. 4BR/3BA floorplan perfect for primary, secondary, or investment. After a day on the water, pull into your private 30' boat slip and rinse off in the outdoor shower & dressing area. Ample garage storage for beach chairs, bicycles, and all the accessories that come with living along the coast. The oversized decks are perfect for oyster roasts, shrimp boils, and all-season family fun.

Last Agent to Sell the Property

Michelle Taylor

Keller Williams Innovate-Wilmington Listed on: 03/03/2016

Last Buyer's Agent

Leigh Saunders

Berkshire Hathaway HomeServices Carolina Premier Properties License #283412

Berkshire Hathaway HomeServices Carolina Premier Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1983

Lot Details

  • 1,742 Sq Ft Lot
  • Waterfront

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Marina Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Property is near a marina
  • Boat Slip
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 3144-21-7253.000

Community Details

Overview

  • Tangle Oaks Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • RV or Boat Storage in Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,886

Year Built

Built in 1983

Lot Details

0

HOA Fees

$466 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
  • Road Frontage Type: Marina Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 195.00
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Sq Ft Heated: 2200.00
  • Total Heated Primary Separate Sq Ft: 2200.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Assigned

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Community Pool, Tennis Court(s), RV/Boat Storage, Maint - Comm Areas, Boat Slip - Assign, Boat Dock
  • HOAAssociationFee1Year: 5592.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 487.00
  • Lot Acres: 0.04
  • Lot Description: Corner Lot
  • Lot Sq Ft: 1742.00
  • Lot Water Features: Boat Slip
  • Zoning: R-15
  • Lot View Type: Marina View

Tax Info

  • Tax Identifier: 3144-21-7253.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2018
Sold by
Saunders Corbin Leigh A and Corbin Cheryl A
Bought by
Thorne George T and Thorne Julie S
Current Estimated Value
$950,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 3, 2016
Closed on
Jul 15, 2016
Sold by
Argay David and Luihn Argay Sandra
Bought by
Corbin Cheryl A and Saunders Corbin Leigh A
Seller's Agent
Michelle Taylor
Keller Williams Innovate-Wilmington
Buyer's Agent
Leigh Saunders
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$403,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2005
Sold by
Reeder Marlene P
Bought by
Argay David and Luihn Argay Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2003
Sold by
Reeder Richard K
Bought by
Reeder Marlene P

Purchase Details

Closed on
Aug 1, 1983
Sold by
Tangle Oaks Corp
Bought by
Reeder Richard K Marlene P

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
Thorne George T $495,000 None Available
Corbin Cheryl A $425,000 None Available
Argay David $355,000 None Available
Reeder Marlene P -- --
Reeder Richard K Marlene P $125,000 --
Tangle Oaks Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorne George T $431,250
Closed Thorne George T $150,000
Previous Owner Corbin Cheryl A $403,750
Previous Owner Luihn Argay Sandra Jane $255,520
Previous Owner Argay David $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2016 07/20/16 Sold $425,000 -3.2% $193 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $439,000 -- $200 / 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 $2,886 $538,200 $375,000 $163,200
2022 $2,907 $538,200 $375,000 $163,200
2021 $2,959 $538,200 $375,000 $163,200
2020 $2,381 $376,400 $216,300 $160,100
2019 $2,381 $376,400 $216,300 $160,100
2018 $0 $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

  • M

    Seller's Agent in 2016

    Michelle Taylor

    Keller Williams Innovate-Wilmington

  • Leigh Saunders

    Buyer's Agent in 2016

    Leigh Saunders

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (401) 413-1735

    6 in this area

    165 Total Sales

    Leigh Saunders
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Map

Source: Hive MLS

MLS Number: 100004389

Hive MLS

APN: R07713-004-001-029

North Carolina New Hanover County Wilmington 28409

5423 Marina Club Dr, Wilmington, NC

This home is located at 5423 Marina Club Dr, Wilmington, NC 28409 since 03 March 2016 and is currently estimated at $950,876, approximately $432 per square foot. This property was built in 1983. 5423 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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