NOT LISTED FOR SALE

5427 Marina Club Dr Unit 27 Wilmington, NC 28409

Estimated Value: $700,000 - $952,000

3 Beds
3.5 Baths
1,873 Sq Ft
$456/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $492,500 $263 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,413/month

64 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Waterfront
  • Heyward C. Bellamy Elementary School Rated A-
  • Boat Slip
  • Deck

About This Home

As of September 2020

: Your search is Over! Welcome home to this 4 bedroom, 3 1/2 bath end unit, town home in Tangle Oaks. The ground floor has an ample sized bedroom with en suite full bath, and also step out to the ground floor deck. The next level features a bright kitchen from the natural light pouring through the large windows. The kitchen has granite counters, a built in beverage fridge and laundry room with utility sink. From the elevated kitchen bar, you have clear views through the open living/dining room out to the community marina. The top floor has 2 additional bedrooms, plus the master bedroom with fabulous closet space, private deck, as well as the updated master bathroom. Walk around the corner to your boatlsip and spend your downtime on the water b/c the HOA takes care of the grounds and exterior maintenance on this unit. Additional attributes to this fabulous townhome are recently replaced HVAC units, new garage door, neighborhood boat trailer storage yard, and updated bathrooms.

Last Agent to Sell the Property

Janet Cronemiller

BlueCoast Realty Corporation License #228352 Listed on: 06/06/2020

BlueCoast Realty Corporation

Last Buyer's Agent

Joe Muccia

Bryant Real Estate License #147479

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1988

Lot Details

  • 1,742 Sq Ft Lot
  • Waterfront
  • Property fronts a private road

HOA Fees

  • $559 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,873 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Water Views
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Boat Slip
  • Balcony
  • Deck
  • Open Patio

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R07713-004-001-027

Community Details

Overview

  • Tangle Oaks Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,877

Year Built

Built in 1988

Lot Details

0

HOA Fees

$559 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Ceiling Fan(s), Pantry, Foyer
  • List Price per Sq Ft: 280.30
  • 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: Ground
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Laundry Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 1873.00
  • Total Heated Primary Separate Sq Ft: 1873.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Open, Deck
  • Road Type Frontage: Private, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Street Lights, Taxes, Flood Insurance, Marina, Maintenance Structure, Maint - Comm Areas, Boat Slip - Assign
  • HOAAssociationFee1Year: 6708.00

Lot Info

  • Deed Page: 1554.00
  • Lot Acres: 0.04
  • Lot Dimensions: irr
  • Lot Sq Ft: 1742.00
  • Lot Water Features: Boat Dock, Boat Slip
  • Plat Book: 3
  • Plat Page: 80-82
  • Special Assessments: yes see agent remarks
  • Zoning: r-15

Tax Info

  • Tax Identifier: R07713-004-001-027
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Sep 16, 2020
Sold by
Chance Michael Vester and The Change Family Revocable Li
Bought by
Manley Thomas L and Manley Lisa J
Seller's Agent
Janet Cronemiller
BlueCoast Realty Corporation
Buyer's Agent
Joe Muccia
Bryant Real Estate
List Price
$550,000
Sold Price
$492,500
Premium/Discount to List
-$57,500
-10.45%
Current Estimated Value
$853,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,902
Avg. Annual Appreciation
11.67%
Original Mortgage
$467,875
Outstanding Balance
$416,342
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$437,060

Purchase Details

Closed on
Mar 12, 2020
Sold by
Chance Michael Vester
Bought by
Chance Michael Vester and The Chance Family Revocable Living Trust

Purchase Details

Closed on
Jul 18, 2007
Sold by
Benson Cheryl Diane
Bought by
Chance Michael V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 8, 2000
Sold by
Chance Michael Vester
Bought by
Chance Michael Vester

Purchase Details

Closed on
Nov 16, 2000
Sold by
Chance Beverly
Bought by
Chance Michael Vester

Purchase Details

Closed on
Nov 13, 1989
Sold by
Waterway Properties
Bought by
Waters Barbara S

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
Manley Thomas L $500,000 None Available
Chance Michael Vester -- None Available
Chance Michael Vester -- None Available
Chance Michael V -- None Available
Chance Michael Vester -- --
Chance Michael Vester -- --
Chance Michael Vester $240,000 --
Waters Barbara S $158,000 --
Waterway Properties $464,000 --
Waterway Properties $464,000 --
Tangle Oaks Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manley Thomas L $150,000
Open Manley Thomas L $467,875
Previous Owner Chance Michael $1,550,000
Previous Owner Chance Michael $200,000
Previous Owner Chance Michael V $200,000
Previous Owner Chance Michael $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $492,500 -10.5% $263 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $550,000 -- $294 / 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 $2,398 $379,100 $217,800 $161,300
2019 $2,398 $379,100 $217,800 $161,300
2018 $2,398 $379,100 $217,800 $161,300
2017 $2,455 $379,100 $217,800 $161,300
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

  • Janet Cronemiller

    Seller's Agent in 2020

    Janet Cronemiller

    BlueCoast Realty Corporation

    (910) 297-3835

    1 in this area

    83 Total Sales

    Janet Cronemiller
    Section Image

  • J

    Buyer's Agent in 2020

    Joe Muccia

    Bryant Real Estate

    (910) 368-9749

    1 in this area

    12 Total Sales

    Joe Muccia
    Section Image
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Map

Source: Hive MLS

MLS Number: 100221029

Hive MLS

APN: R07713-004-001-027

North Carolina New Hanover County Wilmington 28409

5427 Marina Club Dr Unit 27, Wilmington, NC

This home is located at 5427 Marina Club Dr Unit 27, Wilmington, NC 28409 since 06 June 2020 and is currently estimated at $853,402, approximately $455 per square foot. This property was built in 1988. 5427 Marina Club Dr Unit 27 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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