NOT LISTED FOR SALE

5433 Marina Club Dr Wilmington, NC 28409

Estimated Value: $765,000 - $1,096,000

3 Beds
3.5 Baths
1,984 Sq Ft
$490/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $840,000 $423 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,974/month

5 Days on Market

Highlights

  • Marina
  • Ocean View
  • Sailboat Water Access
  • Heyward C. Bellamy Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of November 2021

Looking for a waterfront home with breathtaking views of the Intracoastal Waterway and Ocean? Then check out this sought-after, Tangle Oaks community, on Marina Club Dr. which winds through a canopy of beautiful Live Oak trees that just might transport you to a peaceful state of mind. This Townhome, nestled on the water, comes with a 30' boat slip (#12) right off the ground floor of your covered patio. The home has been meticulously maintained with tasteful upgrades and is looking for it's next family to enjoy it. With 3 bedrooms and 3 and a half baths there is plenty of room for the entire family! On the entry floor, the main room was originally updated for an additional bedroom with a full bathroom in place so this could be used as a fourth bedroom, flex room or guest suite as well. On the second floor you will find the main living space has been updated with new LVP flooring with an open kitchen and living room area for entertaining. Don't forget to look on the balcony at the spectacular views! On the top floor you will find 3 bedrooms and 2 full bathrooms, Including the Owners bedroom which has a balcony that looks out over the water as well for those evening winddowns. This is unit is a coveted END UNIT with expansive marina views and lots of natural light. Storm shutters are in place so no need to worry about that expense. Wrightsville Beach is about 15 minutes away by car and Carolina Beach 10. Local shopping within 5 minutes. This gem is truly rare, don't miss your opportunity to coastal living.

Last Agent to Sell the Property

Christine Carr

Coldwell Banker Sea Coast Advantage License #295082 Listed on: 10/14/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

The Domenico Grillo Real Estate Team

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1987

Lot Details

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

HOA Fees

  • $559 Monthly HOA Fees

Property Views

  • Ocean
  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 1,984 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Convection Oven
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

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

Outdoor Features

  • Sailboat Water Access
  • Property is near a marina
  • Bulkhead
  • Boat Slip
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number R07713-004-001-024

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Tangle Oaks Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

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

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,402

Year Built

Built in 1987

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
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1987
  • Road Frontage Type: Marina Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Solid Surface, Foyer, Pantry, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 418.35
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1984.00
  • Total Heated Primary Separate Sq Ft: 1984.00

Exterior Features

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

Garage/Parking

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

Utilities

  • Appliances Equipment: Compactor, Stove/Oven - Electric, Microwave - Built-In, Disposal, Dishwasher, Convection Oven
  • Cooling System: Central
  • Fuel Tank: None
  • 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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Pest Control, Termite Bond, Tennis Court(s), RV/Boat Storage, Roof, Playground, Picnic Area, Maint - Comm Areas, Master Insure, Marina, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Flood Insurance, Boat Slip - Assign, Boat Dock
  • HOAAssociationFee1Year: 6708.00

Lot Info

  • Deed Page: 321.00
  • Lot Acres: 0.04
  • Lot Description: Corner Lot
  • Lot Dimensions: Irregular
  • Lot Number: 24
  • Lot Sq Ft: 1742.00
  • Lot Water Features: Boat Slip, Water Depth 4+, Waterfront Comm, Sailboat Accessible, Bulkhead
  • Zoning: R-15
  • Lot View Type: ICW View, Water View, Ocean View, Marsh View, Marina View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R07713-004-001-024
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2401.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Nov 16, 2021
Sold by
Henderson Michael L and Henderson Patti A
Bought by
Milazzo Kimberly A
Seller's Agent
Christine Carr
Coldwell Banker Sea Coast Advantage
Buyer's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
List Price
$830,000
Sold Price
$840,000
Premium/Discount to List
$10,000
1.2%
Current Estimated Value
$971,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,557
Avg. Annual Appreciation
3.88%
Original Mortgage
$672,000
Outstanding Balance
$618,353
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$353,204

Purchase Details

Closed on
Jun 25, 1991
Sold by
Springle Robert M Barbara
Bought by
Henderson Michael Lee Patti A

Purchase Details

Closed on
Nov 1, 1987
Sold by
Waterway Properties
Bought by
Springle Robert M Barbara

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Milazzo Kimberly A $840,000 None Available
Henderson Michael Lee Patti A $190,000 --
Springle Robert M Barbara $175,000 --
Waterway Properties $464,000 --
Waterway Properties $464,000 --
Tangle Oaks Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milazzo Kimberly A $111,800
Open Milazzo Kimberly A $672,000
Previous Owner Henderson Patti Ann $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $840,000 +1.2% $423 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $830,000 -- $418 / 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 $2,863 $533,800 $375,000 $158,800
2023 $2,863 $533,800 $375,000 $158,800
2022 $2,884 $533,800 $375,000 $158,800
2021 $2,935 $533,800 $375,000 $158,800
2020 $2,402 $379,700 $217,800 $161,900
2019 $2,402 $379,700 $217,800 $161,900
2018 $2,402 $379,700 $217,800 $161,900
2017 $2,459 $379,700 $217,800 $161,900
2016 $2,451 $353,700 $233,600 $120,100
2015 $2,278 $353,700 $233,600 $120,100
2014 $2,239 $353,700 $233,600 $120,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100294929

Hive MLS

APN: R07713-004-001-024