$442,100
SOLD OCT 29, 2013

5605 Andrews Reach Loop Wilmington, NC 28409

Beasley Neighborhood
4 Beds
3 Baths
2,650 Sq Ft
0.32 Acres

Recently Sold

$167 Per Sq Ft

4% Above List Price

Highlights

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

About This Home

As of June 2018

Arboretum Presale

Last Agent to Sell the Property

Sandy Monroe

Coldwell Banker Sea Coast Advantage License #149923 Listed on: 04/11/2013

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Teresa Hill

Intracoastal Realty Corp License #79681

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,250

Year Built

  • Built in 2013

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 155x90x155x90
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Bonus 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 314618306397000

Community Details

Overview

  • Andrews Reach Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Waterfront
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,250

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

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 160.04
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 2650.00
  • Total Heated Primary Separate Sq Ft: 2650.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Stone
  • Foundation: Slab
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • 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, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Disposal
  • 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, Sidewalk, Taxes, Picnic Area, Maint - Comm Areas, Community Pool
  • HOAAssociationFee1Year: 1200.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1839.00
  • Lot Acres: 0.32
  • Lot Dimensions: 155x90x155x90
  • Lot Sq Ft: 13939.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R-15

Tax Info

  • Tax Identifier: 314618306397000

MLS Schools

  • School District: New Hanover

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%
Total Days on Market
0
Current Estimated Value
$793,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,122
Avg. Annual Appreciation
6.91%
Original Mortgage
$364,800
Outstanding Balance
$274,760
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$502,077

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $486,500 None Available
Warranty Deed $424,500 None Available
Warranty Deed $80,000 None Available
Warranty Deed -- None Available
Deed $1,178,000 --
Trustee Deed $1,676,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $364,800 New Conventional
Previous Owner $42,450 Credit Line Revolving
Previous Owner $371,000 New Conventional
Previous Owner $339,280 New Conventional
Previous Owner $38,000 Future Advance Clause Open End Mortgage
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: 30489561

Hive MLS

APN: R06700-001-020-000