NOT LISTED FOR SALE

5435 Reserve Dr Wilmington, NC 28409

Beasley Neighborhood

Estimated Value: $610,446 - $708,000

4 Beds
3 Baths
2,517 Sq Ft
$265/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $404,000 $161 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,175/month

6 Days on Market

Highlights

  • Boat Dock
  • Vaulted Ceiling
  • Attic
  • Masonboro Elementary School Rated A
  • Main Floor Primary Bedroom
  • Sun or Florida Room

About This Home

As of April 2020

You'll love this special one owner home in The Reserve at Masonboro. One level living plus a FROG for the 4th bedroom, man cave or quilting center as it's used today. Open floor plan expands to a sunroom which opens to a patio with trellis for blooms through the spring, summer and fall. The yard is fenced for privacy and enjoyment Don't miss this opportunity to live close to everything in the Cape Fear Region. Neighborhood amenities include clubhouse, pool and the mowing of your front yard!

Last Agent to Sell the Property

Joyce Barnwell

Intracoastal Realty Corp License #84180 Listed on: 02/27/2020

Intracoastal Realty Corp

Last Buyer's Agent

Meredith Jackson

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Decorative Fence
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $243 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,517 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Partial Basement
  • Partially Finished Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Natural Gas Connected
  • Natural Gas Water Heater

Additional Features

  • Energy-Efficient Doors
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number R06700-002-124-000

Community Details

Overview

  • The Reserve At Masonboro Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,533

Year Built

Built in 2003

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Walk-In
  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Foyer, Pantry, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • List Price per Sq Ft: 162.89
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 2517.00
  • Total Heated Primary Separate Sq Ft: 2517.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows, Thermal Doors
  • Exterior Finish: Brick Veneer
  • Fencing: Back Yard, Partial, Metal/Ornamental
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Hot Water, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Water Connected, Sewer Connected, Natural Gas Connected, Municipal Water
  • Water Heater: Natural Gas
  • HeatingSystemFuelSource: Electric, Natural Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Sidewalk, Maint - Comm Areas, Management, Community Pool
  • HOAAssociationFee1Year: 2916.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 811813.00
  • Lot Acres: 0.29
  • Lot Dimensions: varied
  • Lot Sq Ft: 12632.00
  • Plat Book: 44
  • Plat Page: 222
  • Zoning: R-15

Tax Info

  • Tax Identifier: R06700-002-124-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 17, 2020
Sold by
Barker Russell D
Bought by
Mahler Rebecca Louise
Seller's Agent
Joyce Barnwell
Intracoastal Realty Corp
Buyer's Agent
Meredith Jackson
Intracoastal Realty Corp
List Price
$410,000
Sold Price
$404,000
Premium/Discount to List
-$6,000
-1.46%
Current Estimated Value
$667,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,612
Avg. Annual Appreciation
9.49%

Purchase Details

Listed on
Feb 27, 2020
Closed on
Apr 15, 2020
Sold by
Barker Russell D
Bought by
Mahler Rebecca Louise
Seller's Agent
Joyce Barnwell
Intracoastal Realty Corp
Buyer's Agent
Meredith Jackson
Intracoastal Realty Corp
List Price
$410,000
Sold Price
$404,000
Premium/Discount to List
-$6,000
-1.46%

Purchase Details

Closed on
May 7, 2004
Sold by
Logan Developers Inc
Bought by
Barker Russell D Frances Ann

Purchase Details

Closed on
Dec 23, 2003
Sold by
Reserve At Masonboro Llc The
Bought by
Logan Developers Inc

Purchase Details

Closed on
Jul 5, 2002
Sold by
Efird Family Properties Llc
Bought by
Reserve At Masonboro Llc The
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
Mahler Rebecca Louise $404,000 None Available
Mahler Rebecca Louise $404,000 None Available
Barker Russell D Frances Ann $300,000 --
Logan Developers Inc $84,000 --
Reserve At Masonboro Llc The $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barker Russell D $242,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $404,000 -1.5% $161 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $410,000 -- $163 / 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 $3,533 $406,100 $97,900 $308,200
2022 $3,452 $406,100 $97,900 $308,200
2021 $3,475 $406,100 $97,900 $308,200
2020 $3,776 $358,500 $90,000 $268,500
2019 $3,776 $358,500 $90,000 $268,500
2018 $3,776 $358,500 $90,000 $268,500
2017 $3,776 $358,500 $90,000 $268,500
2016 $3,595 $324,500 $90,000 $234,500
2015 $3,436 $324,500 $90,000 $234,500
2014 $3,290 $324,500 $90,000 $234,500
Source: Public Records

Agents Affiliated with this Home

  • Joyce Barnwell

    Seller's Agent in 2020

    Joyce Barnwell

    Intracoastal Realty Corp

    (910) 617-7654

    77 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Meredith Jackson

    Intracoastal Realty Corp

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Map

Source: Hive MLS

MLS Number: 100206610

Hive MLS

APN: R06700-002-124-000

North Carolina New Hanover County Wilmington 28409 Beasley

5435 Reserve Dr, Wilmington, NC

This home is located at 5435 Reserve Dr, Wilmington, NC 28409 since 27 February 2020 and is currently estimated at $667,612, approximately $265 per square foot. This property was built in 2003. 5435 Reserve Dr is a home located in New Hanover County with nearby schools including Masonboro Elementary School, Roland-Grise Middle School, and John T. Hoggard 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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