7401 Masonboro Sound Rd Wilmington, NC 28409
Masonboro NeighborhoodEstimated Value: $2,306,000 - $3,048,000
4
Beds
4.5
Baths
3,596
Sq Ft
$720/Sq Ft
Est. Value
Highlights
- Ocean View
- Home fronts a sound
- 2.91 Acre Lot
- Masonboro Elementary School Rated A
- Boat Slip
- 1 Fireplace
About This Home
As of April 2012***Multiple Offers Have Been Received. Deadline for Highest and Best Offer is Monday March 5th at 6:00 PM. All offers must be received by this time. Please contact Listing Agent*** Unbelievable Waterfront Home with Amazing Views of the ICWW and Ocean! This Brick home has a detached 1 car garage, 2+ acres, nearly 4,000 square feet and private boatslip! This home will not last long due to the homes incredible location and is certainly one of the best waterfront homes that you will find in all of Wilmington. Please feel free to contact the Listing Agent with any questions. The property will be sold as is. This property is tidal, not deep water.
Last Agent to Sell the Property
David Cummings
Coldwell Banker Sea Coast Advantage Listed on: 02/22/2012
Last Buyer's Agent
J.B. Fox
Intracoastal Realty Corp License #153470
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,233
Year Built
- Built in 1988
Lot Details
- 2.91 Acre Lot
- Home fronts a sound
- Property is zoned R-20
Parking
- 1 Car Detached Garage
Property Views
- Ocean
- Views of a Sound
- Intracoastal
Home Design
- Brick Exterior Construction
- Stick Built Home
Interior Spaces
- 3,596 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Living Room
- Formal Dining Room
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Boat Slip
Utilities
- Forced Air Heating and Cooling System
- Well
- On Site Septic
- Septic Tank
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 5, 2018
Sold by
Janet Lynn Fedors
Bought by
Williams Cory and Williams Anne
Total Days on Market
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$262,799
Interest Rate
4.52%
Estimated Equity
$2,355,990
Purchase Details
Listed on
Feb 22, 2012
Closed on
Apr 12, 2012
Sold by
Ing Bank Fsb
Bought by
Williams Cory M and Williams Anne C
Seller's Agent
David Cummings
Coldwell Banker Sea Coast Advantage
Buyer's Agent
J.B. Fox
Intracoastal Realty Corp
List Price
$999,900
Sold Price
$960,000
Premium/Discount to List
-$39,900
-3.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$447,000
Interest Rate
3.95%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 1, 2011
Sold by
Graham Fred B and Graham Nell H
Bought by
Ing Bank Fsb
Purchase Details
Closed on
Oct 1, 1986
Bought by
Graham Fred B Jr Nell H
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Cory | -- | -- | |
| Williams Cory M | $960,000 | None Available | |
| Ing Bank Fsb | $1,376,500 | None Available | |
| Graham Fred B Jr Nell H | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Cory | $300,000 | |
| Closed | Williams Cory | -- | |
| Closed | Williams Cory M | $300,000 | |
| Previous Owner | Williams Cory M | $500,000 | |
| Previous Owner | Williams Cory M | $183,000 | |
| Previous Owner | Williams Cory Mcdowell | $867,000 | |
| Previous Owner | Williams Cory M | $447,000 | |
| Previous Owner | Williams Cory M | $417,000 | |
| Previous Owner | Graham Fred B | $1,376,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2012 04/12/12 | Sold | $960,000 | -4.0% | $267 / Sq Ft |
| 03/27/2012 03/27/12 | Pending | -- | -- | -- |
| 02/22/2012 02/22/12 | For Sale | $999,900 | -- | $278 / 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 | $14,233 | $1,636,000 | $1,028,200 | $607,800 |
| 2022 | $13,906 | $1,636,000 | $1,028,200 | $607,800 |
| 2021 | $14,001 | $1,636,000 | $1,028,200 | $607,800 |
| 2020 | $17,178 | $1,630,700 | $1,110,200 | $520,500 |
| 2019 | $15,864 | $1,506,000 | $1,110,200 | $395,800 |
| 2018 | $15,864 | $1,506,000 | $1,110,200 | $395,800 |
| 2017 | $15,799 | $1,499,800 | $1,110,200 | $389,600 |
| 2016 | $12,332 | $1,113,000 | $806,800 | $306,200 |
| 2015 | $11,787 | $1,113,000 | $806,800 | $306,200 |
| 2014 | $11,286 | $1,113,000 | $806,800 | $306,200 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2012
David Cummings
Coldwell Banker Sea Coast Advantage
-
J
Buyer's Agent in 2012
J.B. Fox
Intracoastal Realty Corp
Map
Source: Hive MLS
MLS Number: 30473234
APN: R06700-005-010-001
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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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