NOT LISTED FOR SALE

5621 Andrews Reach Loop Wilmington, NC 28409

Beasley Neighborhood

Estimated Value: $759,403 - $857,000

4 Beds
3.5 Baths
2,719 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $580,000 $213 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,027/month

60 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Wood Flooring
  • Masonboro Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2021

This custom built home was thoughtfully designed, offering both an open and split floor plan providing an effortless entertainment experience for you and your guests, as well the convenience of privacy when you need time to relax. This home evokes elegance with fine finishes from the moment you enter, showcasing upscale moldings, 10' ceilings, plantation shutters, Carolina Custom Closets, and beautiful hardwood floors. No matter what the occasion, this home offers casual and formal dining opportunities with a formal dining room, island seating and a large breakfast nook for more relaxed settings. The gourmet kitchen features an abundance of cabinet and counter space, a large center island, walk-in pantry, and stainless appliances with a gas cooktop and oven. The great room is built to impress with custom built-ins, sound surround speakers, and gas fireplace. This seamless indoor living space extends with ease through sliding glass doors which open up to the screened porch area allowing you to enjoy warm summer days or cooler winter nights. Private owner's retreat includes built-ins, deep soaking tub, tiled shower, dual vanities and a Carolina custom walk-in closet. Additional first floor features include two guest bedrooms each with walk-in closets and a shared full bath, a guest bath, drop zone and adjacent laundry room. Upstairs features a fourth bedroom with a walk-in closet, full bath and a bonus room which could function as a 5th bedroom. Andrews Reach is a small enclave of beautiful homes located in the heart of New Hanover county and desired school districts of Parsley, Roland Grise and Hoggard. Neighborhood offers a community pool, clubhouse for neighborhood gatherings, community pier which includes a dock for kayaks.

Last Agent to Sell the Property

Sherwood Strickland

Coldwell Banker Sea Coast Advantage Listed on: 02/04/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Casey Roman

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,173

Year Built

  • Built in 2012

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 90x155x90x155
  • Fenced Yard
  • Wood Fence
  • Decorative Fence
  • Irrigation
  • Property is zoned R-15

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stone Siding
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,719 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Partially Finished Attic

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R06700001016000

Community Details

Overview

  • Andrews Reach Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,173

Year Built

Built in 2012

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: Two
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Walk-In, Floored - Partial
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Pantry, Gas Logs, Foyer, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 207.80
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 12
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • 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
  • Other Level: First
  • Sq Ft Heated: 2719.00
  • Total Heated Primary Separate Sq Ft: 2719.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Composition, Stone
  • Fencing: Back Yard, Wood, Metal/Ornamental
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Screened, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Stove/Oven - Gas, Refrigerator, Microwave - Built-In, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 662.00
  • Lot Acres: 0.32
  • Lot Dimensions: 90x155x90x155
  • Lot Sq Ft: 13939.00
  • Plat Book: 49
  • Plat Page: 375
  • Zoning: R-15

Tax Info

  • Tax Identifier: R06700001016000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 4172.52

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
May 12, 2021
Sold by
Raible Donnella T
Bought by
Gibbs Paul Richard and Gibbs Elizabeth Nordan
Seller's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Casey Roman
Coldwell Banker Sea Coast Advantage
List Price
$565,000
Sold Price
$580,000
Premium/Discount to List
$15,000
2.65%
Total Days on Market
60
Current Estimated Value
$815,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,101
Avg. Annual Appreciation
7.25%
Original Mortgage
$521,500
Outstanding Balance
$477,600
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$293,467

Purchase Details

Listed on
Jun 14, 2017
Closed on
Oct 6, 2017
Sold by
Cross Thomas E and Cross Jeanine G
Bought by
Raible Donnella T
Seller's Agent
Jennifer Farmer
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sherwood Strickland
Coldwell Banker Sea Coast Advantage
List Price
$545,000
Sold Price
$530,000
Premium/Discount to List
-$15,000
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$330,000
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Listed on
Jan 19, 2013
Closed on
Jul 15, 2013
Sold by
Samm B Inc
Bought by
Cross Thomas E and Cross Jeanine G
Seller's Agent
Sandy Monroe
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Jennifer Farmer
Coldwell Banker Sea Coast Advantage
List Price
$384,900
Sold Price
$408,054
Premium/Discount to List
$23,154
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$383,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2012
Sold by
Andrews Reach Developers Llc
Bought by
Samm B 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 Buyer Sale Price Title Company
Gibbs Paul Richard $580,000 None Available
Raible Donnella T $530,000 None Available
Cross Thomas E $406,000 None Available
Samm B 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 Gibbs Paul Richard $190,000
Closed Gibbs Paul Richard $105,000
Open Gibbs Paul Richard $521,500
Previous Owner Raible Donnella T $330,000
Previous Owner Cross Thomas E $383,000
Previous Owner Samm B Inc $252,750
Previous Owner Samm B Inc $275,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $580,000 +2.7% $213 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $565,000 0.0% $208 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $565,000 +6.6% $208 / Sq Ft
11/09/2017 11/09/17 Sold $530,000 -2.8% $195 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $545,000 +33.6% $201 / Sq Ft
07/26/2013 07/26/13 Sold $408,054 +6.0% $156 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
01/19/2013 01/19/13 For Sale $384,900 -- $147 / 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
2024 $4,186 $481,200 $104,000 $377,200
2023 $4,066 $481,200 $104,000 $377,200
2022 $4,090 $481,200 $104,000 $377,200
2021 $3,918 $457,800 $104,000 $353,800
2020 $4,173 $396,100 $100,000 $296,100
2019 $4,173 $396,100 $100,000 $296,100
2018 $4,173 $396,100 $100,000 $296,100
2017 $4,173 $396,100 $100,000 $296,100
2016 $4,637 $418,500 $125,000 $293,500
2015 $4,432 $418,500 $125,000 $293,500
2014 $4,244 $418,500 $125,000 $293,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100255303

Hive MLS

APN: R06700-001-016-000