NOT LISTED FOR SALE

5501 Dawning Creek Way Wilmington, NC 28409

Masonboro Neighborhood

Estimated Value: $579,000 - $666,000

4 Beds
3 Baths
2,605 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $350,000 $134 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,575/month

24 Days on Market

Highlights

  • Finished Room Over Garage
  • Deck
  • Wood Flooring
  • Masonboro Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of July 2018

Complete renovation has brought this home up to the standards of the most discerning buyer! The fully updated kitchen with new soft close cabinets, custom island with ship lap surround, high end tiled backsplash and new quartz countertops will make for an entertainer's delight. Possibility of the master on first or 2nd floor of the home, both featuring custom tile walk in showers, new vanities and quartz counters. Downstairs also features a large (13x20) bonus room perfect for a kids play room, office/media room or whatever buyers needs dictate. Outside you will find a brand new deck and fully fenced back yard.Additional improvements include all new vinyl energy efficient windows, gas fireplace, new Trane mini split upstairs, engineered wood floors, carpet and paint. See it today

Last Agent to Sell the Property

Shaun Matthai

Cape Fear Realty / BHI Rentals License #232200 Listed on: 05/03/2018

Last Buyer's Agent

Eric Sabourin

Coldwell Banker Sea Coast Advantage License #264912

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1991

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 182x94x120x80
  • Fenced Yard
  • Wood Fence
  • Property is zoned R-15

HOA Fees

  • $10 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,605 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Finished Room Over Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R06718-002-015-000

Community Details

Overview

  • Dawning Creek Subdivision
  • Maintained Community

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,225

Year Built

Built in 1991

Lot Details

0

HOA Fees

$10 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: One and One Half
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Gas Logs, Pantry, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 138.16
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Fished Room Over Garage Level: Second
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2605.00
  • Total Heated Primary Separate Sq Ft: 2605.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: 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: Convection Oven, Microwave - Built-In, Disposal, Dishwasher, Cooktop - Electric
  • Cooling System: Central, See Remarks, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump, Other-See Remarks
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 125.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1320.00
  • Lot Acres: 0.40
  • Lot Dimensions: 182x94x120x80
  • Lot Sq Ft: 17424.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R06718-002-015-000
  • Tax Year: 2017

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jul 23, 2018
Sold by
The Entrust Group Inc and Vernon Mark Lee
Bought by
Klimek Peter J and Klimek Tracy L
Seller's Agent
Shaun Matthai
Cape Fear Realty / BHI Rentals
Buyer's Agent
Eric Sabourin
Coldwell Banker Sea Coast Advantage
List Price
$372,500
Sold Price
$350,000
Premium/Discount to List
-$22,500
-6.04%
Current Estimated Value
$621,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,611
Avg. Annual Appreciation
8.27%
Original Mortgage
$332,500
Outstanding Balance
$288,161
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$333,450

Purchase Details

Listed on
Sep 11, 2017
Closed on
Oct 3, 2017
Sold by
Hatcher Rigena and Moore Pal
Bought by
The Entrust Group Inc and Mark Lee Vernon 7230011269
Seller's Agent
Colby Saucier
Keller Williams Innovate-Wilmington
Buyer's Agent
Shaun Matthai
Cape Fear Realty / BHI Rentals
List Price
$20,000
Sold Price
$200,000
Premium/Discount to List
$180,000
900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.28%
Original Mortgage
$77,008
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2006
Sold by
Long Acquisitions Inc
Bought by
Moore Rigena Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,405
Interest Rate
8.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Drake Marcus E and Drake Pamela B
Bought by
Long Acquisitions Inc

Purchase Details

Closed on
Dec 29, 1997
Sold by
Rivenbark Robert G Jr Caroline
Bought by
Drake Marcus E Pamela B

Purchase Details

Closed on
Mar 29, 1994
Sold by
Saffo Turner Corporation
Bought by
New Han Cnty Water/Sewer

Purchase Details

Closed on
Jun 26, 1991
Sold by
Saffo Turner Corp
Bought by
Rivenbark Robert G Jr Caroline

Purchase Details

Closed on
May 1, 1988
Sold by
Masonboro Properties
Bought by
Saffo Turner Corp
Source: Public Records

Range of Values:

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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
Klimek Peter J $350,000 None Available
The Entrust Group Inc $200,000 None Available
Moore Rigena Yvonne $170,000 None Available
Long Acquisitions Inc $135,000 None Available
Drake Marcus E Pamela B $157,000 --
New Han Cnty Water/Sewer -- --
Rivenbark Robert G Jr Caroline $26,500 --
Saffo Turner Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klimek Peter J $332,500
Previous Owner The Entrust Group Inc $77,008
Previous Owner Moore Rigena Yvonne $161,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2018 07/24/18 Sold $350,000 -6.0% $134 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $372,500 +86.3% $143 / Sq Ft
10/04/2017 10/04/17 Sold $200,000 +900.0% $107 / Sq Ft View Prior Sale
09/15/2017 09/15/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $20,000 -- $11 / 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
2025 $3,225 $630,300 $128,600 $501,700
2024 $3,225 $370,700 $84,600 $286,100
2023 $3,225 $370,700 $84,600 $286,100
2022 $3,151 $370,700 $84,600 $286,100
2021 $3,172 $370,700 $84,600 $286,100
2020 $2,537 $240,800 $62,200 $178,600
2019 $2,537 $240,800 $62,200 $178,600
2018 $2,537 $240,800 $62,200 $178,600
2017 $2,537 $240,800 $62,200 $178,600
2016 $2,474 $223,300 $62,200 $161,100
2015 $2,365 $223,300 $62,200 $161,100
2014 $2,264 $223,300 $62,200 $161,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shaun Matthai

    Cape Fear Realty / BHI Rentals

    (910) 713-0022

    1 Total Sale

    Shaun Matthai
    Section Image
  • Eric Sabourin

    Buyer's Agent in 2018

    Eric Sabourin

    Coldwell Banker Sea Coast Advantage

    (910) 228-1039

    352 Total Sales

    Eric Sabourin
    Section Image

  • C

    Seller's Agent in 2017

    Colby Saucier

    Keller Williams Innovate-Wilmington

See All Agents

Map

Source: Hive MLS

MLS Number: 100114274

Hive MLS

APN: R06718-002-015-000

North Carolina New Hanover County Wilmington 28409 Masonboro

5501 Dawning Creek Way, Wilmington, NC

This home is located at 5501 Dawning Creek Way, Wilmington, NC 28409 since 03 May 2018 and is currently estimated at $621,611, approximately $238 per square foot. This property was built in 1991. 5501 Dawning Creek Way 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.

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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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