5509 Andrews Reach Loop Wilmington, NC 28409
Beasley NeighborhoodEstimated Value: $863,000 - $996,000
4
Beds
3.5
Baths
3,106
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Boat Dock
- Creek or Stream View
- Masonboro Elementary School Rated A
- Home fronts a creek
- Clubhouse
About This Home
As of October 2017Absolutely gorgeous Marshfront custom home in the popular subdivision of Andrews Reach! Andrews Reach has a Neighborhood Pool, Clubhouse and Dock perfect for a Kayak or Canoe launching. As you enter the front door you will find a very open beautiful dining room, living room with built-in bookshelves and a fireplace with gas logs, kitchen with large island, stainless steel appliances, custom cabinets and granite, large breakfast area with tons of windows, a screened-in porch and a wrought iron privately fenced-in back yard overlooking Hewlett's Creek. Home also has 4 bedrooms and a bonus room (could be 5th bedroom) with the master suite being downstairs. Master suite includes his and hers closets and a huge walk-in shower. Whole house generator. Security system.
Last Agent to Sell the Property
Masonboro Realty, Inc. License #197270 Listed on: 03/31/2017
Last Buyer's Agent
Kristoff Feurer
Coldwell Banker Sea Coast Advantage-Midtown License #211382
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,014
Year Built
- Built in 2013
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 201x106x206x76
- Home fronts a creek
- Property fronts a marsh
- Fenced Yard
- Decorative Fence
- Irrigation
- Property is zoned R-15
HOA Fees
- $120 Monthly HOA Fees
Home Design
- Raised Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Stone Siding
- Stick Built Home
- Composite Building Materials
Interior Spaces
- 3,106 Sq Ft Home
- 2-Story Property
- Tray Ceiling
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Family Room
- Living Room
- Formal Dining Room
- Creek or Stream Views
- Home Security System
Kitchen
- Breakfast Area or Nook
- Gas Cooktop
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Studio bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Access to marsh
- Screened Patio
- Porch
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Fuel Tank
Listing and Financial Details
- Assessor Parcel Number R06700-001-041-000
Community Details
Overview
- Andrews Reach Subdivision
- Maintained Community
Recreation
- Boat Dock
- Community Pool
Additional Features
- Clubhouse
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2017
Closed on
Oct 10, 2017
Sold by
Sorbel Jeffrey J and Sorbel Kym M
Bought by
Nix Williams Iii James Wadsworth and Nix Williams Susan
Seller's Agent
Lori Speight
Masonboro Realty, Inc.
Buyer's Agent
Kristoff Feurer
Coldwell Banker Sea Coast Advantage-Midtown
List Price
$649,000
Sold Price
$570,000
Premium/Discount to List
-$79,000
-12.17%
Total Days on Market
156
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,089
Avg. Annual Appreciation
7.02%
Original Mortgage
$456,000
Outstanding Balance
$385,822
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$573,267
Purchase Details
Closed on
May 23, 2013
Sold by
Andrews Reach Developers Llc
Bought by
Sorbel Jeffrey J and Sorbel Kym M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,188
Interest Rate
3.44%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 26, 2012
Sold by
Atlas Nc Ii Spe Llc
Bought by
Andrews Reach Developers Llc
Similar Homes in Wilmington, NC
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nix Williams Iii James Wadsworth | $570,000 | None Available | |
| Sorbel Jeffrey J | $130,000 | None Available | |
| Andrews Reach Developers Llc | $1,178,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nix Williams Iii James Wadsworth | $456,000 | |
| Previous Owner | Sorbel Jeffrey J | $398,188 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2017 10/10/17 | Sold | $570,000 | -12.2% | $184 / Sq Ft |
| 09/03/2017 09/03/17 | Pending | -- | -- | -- |
| 03/31/2017 03/31/17 | For Sale | $649,000 | +23.0% | $209 / Sq Ft |
| 01/15/2014 01/15/14 | Sold | $527,462 | +6.0% | $170 / Sq Ft |
| 07/11/2013 07/11/13 | Pending | -- | -- | -- |
| 07/10/2013 07/10/13 | For Sale | $497,735 | -- | $160 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $5,014 | $576,300 | $177,600 | $398,700 |
| 2022 | $4,899 | $576,300 | $177,600 | $398,700 |
| 2021 | $4,932 | $576,300 | $177,600 | $398,700 |
| 2020 | $5,030 | $477,500 | $120,000 | $357,500 |
| 2019 | $5,030 | $477,500 | $120,000 | $357,500 |
| 2018 | $5,030 | $477,500 | $120,000 | $357,500 |
| 2017 | $5,030 | $477,500 | $120,000 | $357,500 |
| 2016 | $6,128 | $553,100 | $206,300 | $346,800 |
| 2015 | $5,857 | $553,100 | $206,300 | $346,800 |
| 2014 | $5,142 | $507,100 | $206,300 | $300,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lori Speight
Seller's Agent in 2017
Lori Speight
Masonboro Realty, Inc.
(910) 200-6268
3 in this area
157 Total Sales
-
K
Buyer's Agent in 2017
Kristoff Feurer
Coldwell Banker Sea Coast Advantage-Midtown
(910) 799-3435
-
Sandy Monroe
S
Seller's Agent in 2014
Sandy Monroe
Coldwell Banker Sea Coast Advantage
(910) 232-2801
136 Total Sales
-
C
Seller Co-Listing Agent in 2014
CeCee Poe
Coldwell Banker Sea Coast Advantage
Map
Source: Hive MLS
MLS Number: 100055661
APN: R06700-001-041-000
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.
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
Nearby Homes
- 3409 Tansey Close Dr
- 3440 Port City Ct Unit 9
- 3442 Port City Ct Unit 10
- 3426 Port City Ct Unit 7
- 3428 Port City Ct Unit 8
- 3444 Port City Ct Unit 11
- 3437 Port City Ct Unit 12
- 6614 Pine Grove Dr
- 3439 Port City Ct Unit 13
- 3441 Port City Ct Unit 14
- 3443 Port City Ct Unit 15
- 3445 Port City Ct Unit 16
- 5303 Curlew Dr
- 3406 Port City Ct Unit 6
- 3409 Port City Ct Unit 1
- 3404 Port City Ct Unit 5
- 3403 Port City Ct Unit 4
- 3405 Port City Ct Unit 3
- 3407 Port City Ct Unit 2
- 191 Saint Mark Ct
- 5509 Andrews Reach Loop
- 5505 Andrews Reach Loop
- 5513 Andrews Reach Loop
- 3306 Gillmoss Ln
- 3404 Tansey Close Dr
- 0 Gillmoss Ln
- 0 Gillmoss Ln
- 3410 Tansey Close Dr
- 5600 Andrews Reach Loop
- 3418 Tansey Close Dr
- 3302 Gillmoss Ln
- 3418 Tansey Close Dr
- 3422 Tansey Close Dr
- 5421 Andrews Reach Loop
- 3305 Gillmoss Ln
- 5601 Andrews Reach Loop
- 5420 Andrews Reach Loop
- 3301 Gillmoss Ln
- 0 Tansey Close Dr
- 5605 Andrews Reach Loop