NOT LISTED FOR SALE

5506 Watch Tower Row Wilmington, NC 28409

Estimated Value: $859,163 - $969,000

4 Beds
3 Baths
2,437 Sq Ft
$376/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $580,000 $238 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,223/month

3 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Clubhouse
  • Heyward C. Bellamy Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of November 2020

Pristine home located in the beautiful waterfront community of Helms Port. Helms Port is a gated community just off of the Intracoastal Waterway with a state of the art clubhouse, saltwater swimming pool, kayak storage, fire pit area and boat slips that do come available for sale or for rent. This home features an open plan with 4 bedrooms and 3 full baths, split bedroom plan, his and her closets, hardwood floors in living and kitchen, gas log fireplace, beautiful sunroom with sliding doors that open to the living room, separate laundry room, crown molding and a decorative metal fence in the back yard. The kitchen has granite countertops, gas cooktop, stainless appliances, pantry and a separate coffee bar area. Upstairs has a large bedroom or office area with a large full bath and walk in attic storage. It also includes a two car garage with a separate heated and cooled 9x7 storage room. This home is on one of the few lots that backs up to a large preserved greenspace that provides a lot of extra privacy. Come and see today what makes Helms Port one of the most sought after waterfront communities in Wilmington.

Last Agent to Sell the Property

Harriet Mcneill

Network Real Estate License #153795 Listed on: 10/13/2020

Last Buyer's Agent

Gary Traflet

Living Seaside Realty Group License #246499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65 x 120
  • Property fronts a private road
  • Fenced Yard
  • Decorative Fence
  • Corner Lot
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,437 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Workshop
  • Sun or Florida Room
  • Attic Floors
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Water Access
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R07600-003-114-000

Community Details

Overview

  • Helms Port Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 2015

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower, Pantry, Gas Logs, Foyer, Ceiling Fan(s), Ceiling - Trey
  • Laundry Location: Room
  • List Price per Sq Ft: 233.48
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Bedroom 3 Level: Second
  • Dining Room Level: Ground
  • Kitchen Level: Ground
  • Laundry Level: Ground
  • Living Room Level: Ground
  • Primary Bedroom Level: Ground
  • Sunroom Level: Ground
  • Sq Ft Heated: 2437.00
  • Total Heated Primary Separate Sq Ft: 2437.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Raised
  • On Site Pool Spa: None
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Street Lights, Maint - Comm Areas, Management, Maint - Roads, Gated, Community Pool
  • HOAAssociationFee1Year: 1780.00

Lot Info

  • Deed Page: 1659.00
  • Lot Acres: 0.18
  • Lot Description: Corner Lot
  • Lot Dimensions: 65 x 120
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R-15

Tax Info

  • Tax Identifier: R07600-003-114-000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 2456.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 13, 2020
Sold by
Colonna George Bramwell and Colonna Rachel Marie
Bought by
Gardner Gary A and Gardner Kimberly J
Seller's Agent
Harriet Mcneill
Network Real Estate
Buyer's Agent
Gary Traflet
Living Seaside Realty Group
List Price
$569,000
Sold Price
$580,000
Premium/Discount to List
$11,000
1.93%
Current Estimated Value
$916,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,541
Avg. Annual Appreciation
9.45%
Original Mortgage
$450,000
Outstanding Balance
$400,436
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$516,105

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 31, 2019
Sold by
Rowe Marvin L and Rowe Patricia J
Bought by
Colonna George Bramwell and Colonna Rachel Marie
Seller's Agent
Benjamin Eisenberg
RE/MAX Essential
Buyer's Agent
Harriet Mcneill
Network Real Estate
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$424,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gardner Gary A $580,000 None Available
Colonna George Bramwell $530,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Gary A $450,000
Previous Owner Colonna George Bramwell $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2020 11/23/20 Sold $580,000 +1.9% $238 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $569,000 +7.4% $233 / Sq Ft
06/06/2019 06/06/19 Sold $530,000 -3.6% $216 / Sq Ft View Prior Sale
05/04/2019 05/04/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $549,900 -- $224 / 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 $3,101 $805,800 $259,600 $546,200
2023 $3,080 $579,800 $255,800 $324,000
2022 $3,105 $579,800 $255,800 $324,000
2021 $3,183 $579,800 $255,800 $324,000
2020 $2,456 $388,300 $111,800 $276,500
2019 $2,456 $388,300 $111,800 $276,500
2018 $2,456 $388,300 $111,800 $276,500
2017 $2,514 $388,300 $111,800 $276,500
2016 $2,202 $317,800 $98,800 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100241005

Hive MLS

APN: R07600-003-114-000