NOT LISTED FOR SALE

5704 Andrews Reach Loop Wilmington, NC 28409

Beasley Neighborhood

Estimated Value: $893,951 - $1,000,000

5 Beds
4 Baths
3,358 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $580,000 $173 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,551/month

154 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Home Theater
  • Masonboro Elementary School Rated A
  • Indoor Pool
  • Clubhouse

About This Home

As of May 2018

back on market after being off market for 41 days. This 5 bed, 4 bath executive home is one of the original custom built homes in Andrews reach. Sitting on a huge lot. The garage is pre-wired for a generator. There are 2 French drains & a dehumidifier under home. Central Vac, with foot switch in kitchen. The kitchen has beautiful Granite countertops, great cabinets, stainless steel appliances, assumable home warranty. Master bedroom,trey ceiling, jacuzzi tub, incredible walk-in closet. There is a hooks security system, AC compressors still under warranty, rainbird irrigation. Surround sound in living room, kitchen and sun porch. Also surround sound in the media room. Master, guest bedroom & Beautiful private office first floor and 3 bedrooms up. Walk to gazebo on creek and launch a Kayak

Last Agent to Sell the Property

Pete Vinal

Peter S Vinal Realty & Associates License #213264 Listed on: 09/07/2017

Last Buyer's Agent

Nilesh Jethwa

NextHome Cape Fear

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,870

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 88x230x97x216
  • Split Rail Fence
  • Wood Fence
  • Irrigation
  • Property is zoned r-15

HOA Fees

  • $120 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,358 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Lighted Parking
  • Driveway

Outdoor Features

  • Indoor Pool
  • Water Access
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 314506.49.3823.000

Community Details

Overview

  • Andrews Reach Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,870

Year Built

Built in 2007

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Ceiling - Trey, Gas Logs, Pantry, Home Theater, Ceiling Fan(s)
  • List Price per Sq Ft: 177.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 10
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Media Room Level: Second
  • Office Level: First
  • Sq Ft Heated: 3358.00
  • Total Heated Primary Separate Sq Ft: 3358.00

Exterior Features

  • Exterior Features: Gas Logs, Thermal Windows, Irrigation System
  • Exterior Finish: Brick, Brick Veneer
  • Fencing: Split Rail, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Screened
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Central Vac, Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Humidifier/Dehumidifier, Disposal, Cooktop - Electric
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2799.00
  • Lot Acres: 0.46
  • Lot Dimensions: 88x230x97x216
  • Lot Sq Ft: 20038.00
  • Lot Water Features: Water Access Comm
  • Plat Book: 5606
  • Plat Page: 2799
  • Zoning: r-15

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: 314506.49.3823.000
  • Tax Year: 2017

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
May 2, 2018
Sold by
Proctor Karen C
Bought by
Dave Darshan and Dave Snehal
Seller's Agent
Pete Vinal
Peter S Vinal Realty & Associates
Buyer's Agent
Nilesh Jethwa
NextHome Cape Fear
List Price
$649,900
Sold Price
$580,000
Premium/Discount to List
-$69,900
-10.76%
Current Estimated Value
$951,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,488
Avg. Annual Appreciation
6.62%
Original Mortgage
$580,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2011
Sold by
Branch Banking & Trust Company
Bought by
Proctor Samuel C and Proctor Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Clayton Custom Homes Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jul 11, 2007
Sold by
Clayton & Evans Homes Inc
Bought by
Clayton Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
6.37%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
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
Dave Darshan $580,000 None Available
Proctor Samuel C $410,000 None Available
Branch Banking & Trust Company $433,500 None Available
Clayton Custom Homes Inc $193,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dave Darshan $562,937
Closed Dave Darshan $580,000
Previous Owner Proctor Karen C $100,000
Previous Owner Proctor Samuel C $285,000
Previous Owner Clayton Custom Homes Inc $572,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $580,000 -10.8% $173 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
09/07/2017 09/07/17 For Sale $649,900 -- $194 / 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 $4,870 $559,800 $123,300 $436,500
2022 $4,758 $559,800 $123,300 $436,500
2021 $4,791 $559,800 $123,300 $436,500
2020 $5,162 $490,000 $100,000 $390,000
2019 $5,162 $490,000 $100,000 $390,000
2018 $5,162 $490,000 $100,000 $390,000
2017 $5,162 $490,000 $100,000 $390,000
2016 $5,488 $495,300 $125,000 $370,300
2015 $5,245 $495,300 $125,000 $370,300
2014 $5,022 $495,300 $125,000 $370,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100080929

Hive MLS

APN: R06700-001-030-000