5509 Andrews Reach Loop Wilmington, NC 28409
Beasley Neighborhood
4
Beds
3
Baths
3,106
Sq Ft
0.38
Acres
Highlights
- Waterfront
- Water Views
- Clubhouse
- Masonboro Elementary School Rated A
- Water Access
- Wood Flooring
About This Home
As of October 2017Presale home by Charter Building on the marsh. Andrews Reach is a remarkable community located in the heart of Wilmington. The community offers 36 home sites, striking architecture and remarkable conveniences enhanced by a pristine, marsh front setting.
Last Agent to Sell the Property
Coldwell Banker Sea Coast Advantage License #149923 Listed on: 07/10/2013
Co-Listed By
CeCee Poe
Coldwell Banker Sea Coast Advantage
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,014
Year Built
- Built in 2013
Lot Details
- 0.38 Acre Lot
- Irrigation
- Property is zoned R-15
HOA Fees
- $100 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Stick Built Home
Interior Spaces
- 3,106 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Thermal Windows
- Living Room
- Formal Dining Room
- Water Views
- Laundry Room
Kitchen
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
- Off-Street Parking
Outdoor Features
- Water Access
- Porch
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 314618304101000
Community Details
Overview
- Andrews Reach Subdivision
- Maintained Community
Amenities
- Picnic Area
- Clubhouse
Recreation
- Waterfront
- Community Pool
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%
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
$429,229
Avg. Annual Appreciation
7.16%
Original Mortgage
$456,000
Outstanding Balance
$383,115
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$600,938
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $570,000 | None Available | |
| Warranty Deed | $130,000 | None Available | |
| Deed | $1,178,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $456,000 | New Conventional | |
| Previous Owner | $398,188 | Construction |
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
150 Total Sales
-
K
Buyer's Agent in 2017
Kristoff Feurer
Coldwell Banker Sea Coast Advantage-Midtown
-
Sandy Monroe
S
Seller's Agent in 2014
Sandy Monroe
Coldwell Banker Sea Coast Advantage
(910) 232-2801
128 Total Sales
-
C
Seller Co-Listing Agent in 2014
CeCee Poe
Coldwell Banker Sea Coast Advantage
Map
Source: Hive MLS
MLS Number: 30493321
APN: R06700-001-041-000
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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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