NOT LISTED FOR SALE

5605 Andrews Reach Loop Wilmington, NC 28409

Beasley Neighborhood

Estimated Value: $757,131 - $849,000

4 Beds
3 Baths
2,720 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $486,500 $179 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,897/month

44 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Main Floor Primary Bedroom
  • Masonboro Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of June 2018

Stunning home located in sought after Andrews Reach off of Masonboro Loop Rd & has everything you are looking for! Enter into the foyer to find hardwood floors, crown molding, formal dining area & high ceilings spanning throughout the living room w/ fireplace & built ins. The master suite is tucked privately w/ spacious bathroom and huge walk in closet. Gourmet kitchen boasts granite, SS appliances, eat-at island & tons of storage. Two additional bedrooms on 1st floor adjoin by a private full bathroom. Fourth bedroom w/ own bath is a great space for possible office or playroom. A 2nd floor bonus room, laundry room & 2 car garage completes the home for a total of 2,720 sq ft. The back patio overlooks a private yard w/ beautiful landscaping, perfect for entertaining guests or just relaxing.

Last Agent to Sell the Property

Jessica Riffle Edwards

Coldwell Banker Sea Coast Advantage Listed on: 03/30/2018

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Ian Rosenbaum

Fathom Realty NC, LLC License #263575

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,250

Year Built

  • Built in 2013

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Wood Fence
  • Sprinkler System
  • Property is zoned R-15

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Cork

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Pest Guard System

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Power Generator
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R06700-001-020-000

Community Details

Overview

  • Andrews Reach Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,250

Year Built

Built in 2013

Lot Details

0

HOA Fees

$120 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: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Cork, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Whirlpool, Walk-In Closet, Walk-in Shower, Sprinkler System, Foyer, Pantry, Gas Logs, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 179.78
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bonus Room Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2720.00
  • Total Heated Primary Separate Sq Ft: 2720.00

Exterior Features

  • Exterior Features: Irrigation System, Security Lighting
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Wood
  • Foundation: Brick/Mortar
  • Porch Balcony Deck: Covered, Patio, 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: Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Vent Hood, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Generator, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Street Lights, Sidewalk, Maint - Comm Areas, Management, Community Pool, Clubhouse
  • HOAAssociationFee1Year: 1440.00

Lot Info

  • Deed Page: 2442.00
  • Lot Acres: 0.32
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 13939.00
  • Zoning: R-15

Tax Info

  • Tax Identifier: R06700-001-020-000
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
Jun 12, 2018
Sold by
Gray Ii Timothy C and Gray Courtney R
Bought by
Smith Margaret Springs
Seller's Agent
Jessica Riffle Edwards
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Ian Rosenbaum
Fathom Realty NC, LLC
List Price
$495,000
Sold Price
$486,500
Premium/Discount to List
-$8,500
-1.72%
Current Estimated Value
$811,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,283
Avg. Annual Appreciation
7.13%
Original Mortgage
$364,800
Outstanding Balance
$274,760
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$524,686

Purchase Details

Listed on
Apr 11, 2013
Closed on
Oct 22, 2013
Sold by
Donaldson Construction & Management Inc
Bought by
Gray Ii Timothjy C and Gray Courtney R
Seller's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Teresa Hill
Intracoastal Realty Corp
List Price
$424,100
Sold Price
$442,100
Premium/Discount to List
$18,000
4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$339,280
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2013
Sold by
White Horse Properties Llc
Bought by
Donaldson Construction & Management Inc

Purchase Details

Closed on
Aug 30, 2012
Sold by
Andrews Reach Developers Llc
Bought by
White Horse Properties Inc

Purchase Details

Closed on
Jun 26, 2012
Sold by
Atlas Nc Ii Spe Llc
Bought by
Andrews Reach Developers Llc

Purchase Details

Closed on
Mar 5, 2012
Sold by
Footings Of Wilmington Inc
Bought by
Atlas Nc Ii Spe 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
Smith Margaret Springs $486,500 None Available
Gray Ii Timothjy C $424,500 None Available
Donaldson Construction & Management Inc $80,000 None Available
White Horse Properties Inc -- None Available
Andrews Reach Developers Llc $1,178,000 --
Atlas Nc Ii Spe Llc $1,676,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Margaret Springs $364,800
Previous Owner Gray Ii Timothy C $42,450
Previous Owner Gray Timothy $371,000
Previous Owner Gray Ii Timothy $339,280
Previous Owner Gray Ii Timothjy C $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $486,500 -1.7% $179 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $495,000 +12.0% $182 / Sq Ft
10/29/2013 10/29/13 Sold $442,100 +4.2% $167 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $424,100 -- $160 / 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 $4,250 $478,400 $103,900 $374,500
2022 $4,066 $478,400 $103,900 $374,500
2021 $4,094 $478,400 $103,900 $374,500
2020 $4,287 $407,000 $100,000 $307,000
2019 $4,287 $407,000 $100,000 $307,000
2018 $4,287 $407,000 $100,000 $307,000
2017 $4,287 $407,000 $100,000 $307,000
2016 $4,753 $429,000 $125,000 $304,000
2015 $4,543 $429,000 $125,000 $304,000
2014 $4,350 $429,000 $125,000 $304,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100108270

Hive MLS

APN: R06700-001-020-000