NOT LISTED FOR SALE

5425 Marina Club Dr Unit 28 Wilmington, NC 28409

Estimated Value: $738,000 - $996,000

4 Beds
3.5 Baths
2,083 Sq Ft
$436/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $530,000 $254 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,557/month

334 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Marina View
  • Heyward C. Bellamy Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of July 2019

Here is the ultimate coastal Carolina living- a waterfront location with exceptional views, deep-water boatslip right out back, airy & open quality interior and amenities galore! Live the dream in this stunning remodeled end unit in beautiful Tangle Oaks. You'll love the laminate wood floors, tile kitchen & baths, Pella windows & doors, triple waterfront decks overlooking the marina & southern views down the Intracoastal Waterway. Its upscale granite kitchen has stainless appliances & custom cabinetry with soft close drawers, breakfast bar & large pantry. The inviting master suite has a designer tile bath & double sliding doors to the deck. Other features include remote control awning & valance, finished garage, large laundry with storage & community pool, tennis & boat storage.

Last Agent to Sell the Property

Sandra Corbett-mcneil

Intracoastal Realty Corp License #107635 Listed on: 05/08/2018

Intracoastal Realty Corp

Last Buyer's Agent

Brian Driscoll

Intracoastal Realty Corp License #301937

Intracoastal Realty Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1988

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20x81
  • Property fronts a private road
  • End Unit

HOA Fees

  • $472 Monthly HOA Fees

Property Views

  • Marina
  • Intracoastal

Home Design

  • Slab Foundation
  • Architectural Shingle Roof
  • Concrete Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,083 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Pest Guard System
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Sailboat Water Access
  • Property is near a marina
  • Boat Slip
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number R07713-004-001-028

Community Details

Overview

  • Master Insurance
  • Tangle Oaks Subdivision
  • Maintained Community

Recreation

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

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,466

Year Built

Built in 1988

Lot Details

0

HOA Fees

$472 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More, End Unit
  • Year Built: 1988
  • 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
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Ceiling Fan(s), Pantry, Walk-In Closet, Walk-in Shower
  • Laundry Location: Room
  • List Price per Sq Ft: 264.04
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2083.00
  • Total Heated Primary Separate Sq Ft: 2083.00

Exterior Features

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

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Microwave - Built-In, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Tennis Court(s), Taxes, Street Lights, RV/Boat Storage, Picnic Area, Community Pool, Master Insure, Management, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Boat Slip - Assign
  • HOAAssociationFee1Year: 5664.00

Lot Info

  • Deed Page: 90.00
  • Lot Acres: 0.04
  • Lot Dimensions: 20x81
  • Lot Number: 28
  • Lot Sq Ft: 1742.00
  • Lot Water Features: Boat Dock, Sailboat Accessible, Waterfront Comm, Water Depth 4+, Water Access Comm, Deeded Water Access, Deeded Water Rights, Boat Slip
  • Plat Book: 8
  • Plat Page: 80
  • Special Assessments: 1200
  • Zoning: R-15
  • Lot View Type: ICW View, Water View, Marina View

Tax Info

  • Tax Identifier: R07713-004-001-028
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 2466.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Kowalski Peter B
Bought by
Kowalski Peter and The Peter Kowalski Trust
Current Estimated Value
$908,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$356,132
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$551,984

Purchase Details

Closed on
Jun 5, 2020
Sold by
Southmark Real Estate Capital Llc
Bought by
Kowlski Peter B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$356,132
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$551,984

Purchase Details

Listed on
May 8, 2018
Closed on
Jul 29, 2019
Sold by
Cleary William J and Micallef Suzanne V
Bought by
Southmark Real Estate Capital Llc
Seller's Agent
Sandra Corbett-mcneil
Intracoastal Realty Corp
Buyer's Agent
Brian Driscoll
Intracoastal Realty Corp
List Price
$580,000
Sold Price
$530,000
Premium/Discount to List
-$50,000
-8.62%

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%

Purchase Details

Closed on
Mar 24, 2008
Sold by
Cleary William J and Micallef Suzanne V
Bought by
Cleary William J and Micallef Suzanne V

Purchase Details

Closed on
Jan 3, 1991
Sold by
Schroeder Allan T Harriet W
Bought by
Cleary William J

Purchase Details

Closed on
Oct 10, 1990
Sold by
Perkins Benjamin F Trust
Bought by
Schroeder Allan T Harriet W

Purchase Details

Closed on
Jul 20, 1990
Sold by
Perkins Benjamin Franklin
Bought by
Perkins Benjamin F Trust

Purchase Details

Closed on
Apr 12, 1989
Sold by
Waterway Properties
Bought by
Perkins Benjamin Franklin

Purchase Details

Closed on
Jun 1, 1987
Sold by
Waterway Properties
Bought by
Waterway Properties

Purchase Details

Closed on
May 1, 1985
Sold by
Tangle Oaks Corp
Bought by
Waterway Properties

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
Kowalski Peter -- None Available
Kowlski Peter B $530,000 None Available
Southmark Real Estate Capital Llc $530,000 None Available
Cleary William J -- None Available
Cleary William J $170,000 --
Schroeder Allan T Harriet W $163,000 --
Perkins Benjamin F Trust -- --
Perkins Benjamin Franklin $162,000 --
Waterway Properties $464,000 --
Waterway Properties $464,000 --
Tangle Oaks Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peter Kowalski Trust $150,000
Open Kowlski Peter B $400,000
Previous Owner Cleary William J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $530,000 -8.6% $254 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
05/08/2018 05/08/18 For Sale $580,000 -- $278 / 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 $2,969 $554,100 $375,000 $179,100
2022 $2,991 $554,100 $375,000 $179,100
2021 $3,046 $554,100 $375,000 $179,100
2020 $2,409 $380,900 $217,800 $163,100
2019 $2,409 $380,900 $217,800 $163,100
2018 $2,409 $380,900 $217,800 $163,100
2017 $2,466 $380,900 $217,800 $163,100
2016 $2,452 $353,800 $233,600 $120,200
2015 $2,278 $353,800 $233,600 $120,200
2014 $2,240 $353,800 $233,600 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100115044

Hive MLS

APN: R07713-004-001-028