NOT LISTED FOR SALE

Estimated Value: $1,528,000 - $1,925,000

5 Beds
4.5 Baths
4,746 Sq Ft
$359/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $990,000 $209 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $9,879/month

116 Days on Market

Highlights

  • Spa
  • 0.84 Acre Lot
  • Deck
  • Masonboro Elementary School Rated A
  • Creek or Stream View
  • Vaulted Ceiling

About This Home

As of March 2021

Watch the seasons change from this elegant light filled home overlooking the Hewletts Creek marsh. Many homes are described as custom built, but this stately brick home truly is - from the original architectural design to the special energy efficient HVAC system to the environmentally conscious and economically practical use of rainwater collected in cisterns to provide irrigation water. Sited to take advantage of the lot's sloping topography, the home offers a rare and often desired feature- a finished dry basement (1488 additional heated square feet) with a huge recreation room. Lovingly maintained and thoughtfully updated - the renovated kitchen is a cook's dream, featuring high end appliances and custom cabinetry. With 5 spacious bedrooms, in addition to the recreation room, there is plenty of room for a large family to spread out, and storage galore. Entertain friends and family on the expansive decks and porches. There are two rooms that are ideal for use as home offices to easily accommodate those working from home. With all of this, plus being in one of the most sought-after school districts in the county, you owe it to yourself to come take a look.

Last Agent to Sell the Property

Jane Davis

Landmark Sotheby's International Realty License #172968 Listed on: 10/06/2020

Landmark Sotheby's International Realty

Last Buyer's Agent

April Escalera

Keller Williams Innovate-Wilmington License #305176

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,058

Year Built

  • Built in 1997

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 179x255x39x60x68x269
  • Property fronts a marsh
  • Property fronts a private road
  • Property has an invisible fence for dogs
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $90 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,746 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Creek or Stream Views
  • Laundry Room

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Attic

  • Attic Floors
  • Storage In Attic
  • Permanent Attic Stairs

Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Eco-Friendly Details

  • Energy-Efficient Doors
  • Rain Water Catchment

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R06706-004-016-000

Community Details

Overview

  • Cove Point Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,058

Year Built

Built in 1997

Lot Details

0

HOA Fees

$90 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: 1997
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Walk-In, Stairs - Perm, Floored
  • Basement: Finished - Partial, Outside Entrance
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile, LVT/LVP
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: 1st Floor Master, Security System, Wet Bar, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Pantry, Foyer, Intercom/Music, Hot Tub, Gas Logs, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 241.26
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 12
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Bonus Room Level: Basement
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: Basement
  • Sq Ft Heated: 4746.00
  • Total Heated Primary Separate Sq Ft: 4746.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows, Thermal Doors
  • Exterior Finish: Brick Veneer
  • Fencing: Invisible
  • Foundation: Block, Crawl Space
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Balcony, Patio, Screened, Porch, Open, Covered, Deck
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Central Vac, Dishwasher, Vent Hood, Refrigerator, Microwave - Built-In, Ice Maker, Generator, Disposal, Cooktop - Electric, Convection Oven
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Street Lights, Taxes, Management, Maint - Roads
  • HOAAssociationFee1Year: 1085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 499.00
  • Lot Acres: 0.84
  • Lot Dimensions: 179x255x39x60x68x269
  • Lot Sq Ft: 36590.00
  • Plat Book: 32
  • Plat Page: 98-99
  • Zoning: R-20
  • Lot View Type: Creek View, Marsh View, Water View

Green Features

  • Green Bldg Features: Rain Collection

Tax Info

  • Tax Identifier: R06706-004-016-000
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Mar 4, 2021
Sold by
Harrington Frieda B and Harrington Thomas L
Bought by
Escalera Michael and Escalera April
Seller's Agent
Jane Davis
Landmark Sotheby's International Realty
Buyer's Agent
April Escalera
Keller Williams Innovate-Wilmington
List Price
$1,195,000
Sold Price
$990,000
Premium/Discount to List
-$205,000
-17.15%
Current Estimated Value
$1,704,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,007
Avg. Annual Appreciation
12.68%
Original Mortgage
$877,000
Outstanding Balance
$786,168
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$917,839

Purchase Details

Closed on
Feb 3, 2003
Sold by
Harrington Thomas L
Bought by
Harrington Frieda B

Purchase Details

Closed on
Aug 1, 1995
Sold by
Cove Point Ltd Partnership
Bought by
Harrington Thomas L Frieda B

Purchase Details

Closed on
Aug 1, 1991
Sold by
Willis Agnes P
Bought by
Cove Point Ltd Partnership
Source: Public Records

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
Escalera Michael $990,000 None Available
Escalera Michael $990,000 None Listed On Document
Harrington Frieda B -- --
Harrington Thomas L Frieda B $115,000 --
Cove Point Ltd Partnership $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escalera Michael $877,000
Closed Escalera Michael $877,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $990,000 -13.5% $209 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $1,145,000 -4.2% $241 / Sq Ft
10/05/2020 10/05/20 For Sale $1,195,000 -- $252 / 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 $9,058 $1,041,100 $193,500 $847,600
2023 $9,058 $1,041,100 $193,500 $847,600
2022 $8,849 $1,041,100 $193,500 $847,600
2021 $8,910 $1,041,100 $193,500 $847,600
2020 $8,685 $824,500 $205,400 $619,100
2019 $8,685 $824,500 $205,400 $619,100
2018 $8,685 $824,500 $205,400 $619,100
2017 $8,685 $824,500 $205,400 $619,100
2016 $8,786 $793,000 $205,400 $587,600
2015 $8,041 $759,300 $205,400 $553,900
2014 $7,699 $759,300 $205,400 $553,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100239922

Hive MLS

APN: R06706-004-016-000