NOT LISTED FOR SALE

5600 Andrews Reach Loop Wilmington, NC 28409

Beasley Neighborhood

Estimated Value: $944,328 - $1,119,000

4 Beds
3.5 Baths
3,529 Sq Ft
$284/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $573,354 $162 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,993/month

22 Days on Market

Highlights

  • Waterfront
  • Water Views
  • Clubhouse
  • Masonboro Elementary School Rated A
  • Water Access
  • Wood Flooring

About This Home

As of July 2014

Andrews Reach features a community clubhouse and swimming pool that are in an complete. A proposed community pier, in addition to kayak and canoe racks, have just received permitting and will be underway shortly. The area offers both interior and marsh front home sites, ranging from 1/3 to 1/2 acre in size. Homes must be a minimum of 2500 SF. This home being built by Charter Building Group and is a variation of their popular Normandy design. Charter Building Group has built in the Wilmington area for many years and is noted for their quality construction and attention to detail. In addition to the Normandy, they offer an extensive selection of floor plans that they will customize for each client.

Last Agent to Sell the Property

Sandy Monroe

Coldwell Banker Sea Coast Advantage Listed on: 10/30/2013

Co-Listed By

CeCee Poe

CeCee Poe, Broker License #267403

Last Buyer's Agent

Sandy Monroe

Coldwell Banker Sea Coast Advantage License #149923

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 2013

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 32x110x110x100x181
  • Corner Lot
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,529 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Water Views
  • Crawl Space
  • Storage In Attic
  • Laundry Room

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 314618306241000

Community Details

Overview

  • Andrews Reach Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Waterfront
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,137

Year Built

Built in 2013

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2013
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Laundry Location: Room
  • List Price per Sq Ft: 154.06
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: First
  • Sq Ft Heated: 3529.00
  • Total Heated Primary Separate Sq Ft: 3529.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Other See Remarks: Cmnt
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Picnic Area, Taxes, Sidewalk, Maint - Comm Areas, Management, Community Pool
  • HOAAssociationFee1Year: 1200.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1245.00
  • Lot Acres: 0.35
  • Lot Description: Corner Lot
  • Lot Dimensions: 32x110x110x100x181
  • Lot Sq Ft: 15246.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R-15

Tax Info

  • Tax Identifier: 314618306241000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2013
Closed on
Jun 26, 2014
Sold by
Donaldson Construction & Management Inc
Bought by
Aristy Ramon F and Aristy Nicole E
Seller's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
List Price
$543,675
Sold Price
$573,354
Premium/Discount to List
$29,679
5.46%
Current Estimated Value
$1,003,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,728
Avg. Annual Appreciation
4.91%
Original Mortgage
$498,223
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2013
Sold by
Andrews Reach Developers Llc
Bought by
Donaldson Construction & Management Inc

Purchase Details

Closed on
Jul 29, 2013
Sold by
Donovan Kenneth Christopher and White Kathleen Mary
Bought by
Andrews Reach Developers Llc
Source: Public Records

Range of Values:

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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
Aristy Ramon F $573,500 None Available
Donaldson Construction & Management Inc $95,000 None Available
Andrews Reach Developers Llc $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aristy Ramon F $250,000
Closed Aristy Nicole E $93,500
Open Aristy Ramon F $457,000
Closed Aristy Ramon F $498,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2014 07/17/14 Sold $573,354 +5.5% $162 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $543,675 -- $154 / 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 $5,137 $590,500 $116,800 $473,700
2022 $5,019 $590,500 $116,800 $473,700
2021 $5,053 $590,500 $116,800 $473,700
2020 $5,518 $523,800 $100,000 $423,800
2019 $5,518 $523,800 $100,000 $423,800
2018 $5,518 $523,800 $100,000 $423,800
2017 $5,518 $523,800 $100,000 $423,800
2016 $5,922 $534,500 $125,000 $409,500
2015 $5,660 $534,500 $125,000 $409,500
2014 $1,268 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30498105

Hive MLS

APN: R06700-001-032-000