5702 Reef Landing Way Wilmington, NC 28409
Intracoastal Waterway Neighborhood
5
Beds
4
Baths
2,875
Sq Ft
0.38
Acres
Highlights
- Marina
- Water Access
- Home Theater
- Heyward C. Bellamy Elementary School Rated A-
- Boat Slip
- Gated Community
About This Home
As of February 2024Looking to buy in Helms Port, with a prime location in a gated community that includes a marina, a pool and a private beach, plus the option to purchase a boat slip along with the property, this refined coastal residence presents a rare opportunity. Professional landscaping and an inviting front porch create an instant appeal for this home, which offers a main level master suite, hardwood floors, and an open floor plan. Completed with meticulous attention to detail, the home features custom millwork, crown moldings, and a separate dining room. Numerous large windows and French doors span the rear of the home, flooding the interior with abundant natural light. Open to a stunning gourmet kitchen with granite countertops, the family room boasts coffered ceilings, built-in shelving and a gas fireplace. An oversized center island creates a beautiful focal point in the kitchen, which features custom cabinetry, designer fixtures and high-end appliances--including a Thermodor gas range. The kitchen also offers a subway tile backsplash and direct access to an expansive covered patio. An ideal setting for casual gatherings, the patio features hardwood ceilings, integrated surround sound and a built-in BBQ station, complete with granite counters, a sink and a refrigerator. A soothing and peaceful retreat, the master suite has coffered ceilings, a walk-in closet, dual vanities, a separate shower with a glass enclosure, and a large soaking tub. Versatile and sophisticated, this inviting coastal home also includes a main level office/fourth bedroom, an upstairs bonus room with a full bathroom, and an attached two car garage. Other highlights include a laundry room with built-in cabinetry, a distinctive foundation clad in reclaimed oyster shells, and an advanced HVAC system multiple zone capability. Offering a Carolina lifestyle that many only dream about, this luxurious turnkey residence is located in a highly sought-after waterfront community that offers convenient access to
Last Agent to Sell the Property
Coldwell Banker Sea Coast Advantage License #226114 Listed on: 07/19/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,950
Year Built
- Built in 2015
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 167x75x16x13x78x78x22x91
- Property fronts a private road
- Corner Lot
- Sprinkler System
- Property is zoned R-15
HOA Fees
- $117 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 2,875 Sq Ft Home
- 1-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Thermal Windows
- Blinds
- Entrance Foyer
- Living Room
- Formal Dining Room
- Home Theater
- Attic Floors
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Convection Oven
- Gas Oven
- Range Hood
- Built-In Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Walk-in Shower
Parking
- 2 Car Attached Garage
- Driveway
- Off-Street Parking
Outdoor Features
- Water Access
- Boat Slip
- Covered patio or porch
- Outdoor Kitchen
- Outdoor Gas Grill
Utilities
- Central Air
- Heat Pump System
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Tax Lot 80
- Assessor Parcel Number R07600-003-069-000
Community Details
Overview
- Helms Port Subdivision
- Maintained Community
Amenities
- Clubhouse
Recreation
- Marina
- Trails
Security
- Resident Manager or Management On Site
- Gated Community
- Security Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2024
Closed on
Jan 25, 2024
Sold by
Farber Michael A and Farber Donna M
Bought by
Thomas And Nancy Lynch Trust and Lynch
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
Christopher Spivey
Keller Williams Innovate-Wilmington
List Price
$1,132,400
Sold Price
$1,132,400
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
$132,218
Avg. Annual Appreciation
7.04%
Original Mortgage
$962,540
Outstanding Balance
$950,226
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$303,911
Purchase Details
Listed on
Jul 19, 2019
Closed on
Jan 9, 2020
Sold by
Davis Harvey Landis and Davis Donna Mecorkle
Bought by
Farber Michael A and Farber Donna M
Seller's Agent
Tracy Lewchuk
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christine Carr
Coldwell Banker Sea Coast Advantage
List Price
$779,000
Sold Price
$747,240
Premium/Discount to List
-$31,760
-4.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$523,068
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2016
Sold by
Logan Development Inc
Bought by
Mccrkle Davis Ii Harvey Landis and Mccrkle Davis Donna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional
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 | $1,132,500 | None Listed On Document | |
| Warranty Deed | $747,500 | None Available | |
| Warranty Deed | $628,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $962,540 | New Conventional | |
| Previous Owner | $523,068 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $146,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2024 02/03/24 | Pending | -- | -- | -- |
| 02/03/2024 02/03/24 | For Sale | $1,132,400 | 0.0% | $394 / Sq Ft |
| 02/02/2024 02/02/24 | Sold | $1,132,400 | +51.5% | $394 / Sq Ft |
| 01/22/2020 01/22/20 | Sold | $747,240 | -4.1% | $260 / Sq Ft |
| 11/15/2019 11/15/19 | Pending | -- | -- | -- |
| 07/19/2019 07/19/19 | For Sale | $779,000 | -- | $271 / 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 | $1,950 | $736,500 | $324,300 | $412,200 |
| 2022 | $3,932 | $736,500 | $324,300 | $412,200 |
| 2021 | $4,038 | $736,500 | $324,300 | $412,200 |
| 2020 | $3,916 | $619,200 | $247,500 | $371,700 |
| 2019 | $3,916 | $619,200 | $247,500 | $371,700 |
| 2018 | $3,916 | $619,200 | $247,500 | $371,700 |
| 2017 | $4,009 | $619,200 | $247,500 | $371,700 |
| 2016 | $3,394 | $489,700 | $200,000 | $289,700 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2024
A Non Member
A Non Member
-
Buyer's Agent in 2024
Christopher Spivey
Keller Williams Innovate-Wilmington
(910) 777-2200
3 in this area
93 Total Sales
-
Seller's Agent in 2020
Tracy Lewchuk
Coldwell Banker Sea Coast Advantage
(910) 232-0788
6 in this area
52 Total Sales
-
Buyer's Agent in 2020
Christine Carr
Coldwell Banker Sea Coast Advantage
(910) 799-3435
1 in this area
42 Total Sales
Map
Source: Hive MLS
MLS Number: 100176277
APN: R07600-003-069-000
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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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