NOT LISTED FOR SALE

7432 Masonboro Sound Rd Unit 171 Wilmington, NC 28409

Masonboro Neighborhood

Estimated Value: $302,000

3 Beds
4 Baths
3,228 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $1,812,023 $561 Per Sq Ft

Current estimated payment $1,704/month

67 Days on Market

Highlights

  • Wooded Lot
  • Mud Room
  • No HOA
  • Masonboro Elementary School Rated A
  • Solid Surface Countertops
  • Covered Patio or Porch

About This Home

As of September 2024

*Rare* custom home opportunity by Richard Wallace Builder on Masonboro Sound Road in the prestigious Masonboro Historic District. This West Indies style home sits among the swaying live oaks and is a thoughtfully curated, sprawling one level home. There are 3 large bedrooms and 4 full bathrooms, along with a flex room that offers possibilities for an office or potential 4th bedroom. In the kitchen you'll find expansive countertops and cabinetry, as well as a large walk-in pantry and ''messy kitchen'' off the main kitchen. From the 3 car garage, you'll enter the mudroom that's connected to the large laundry room, offering drop zone spaces and ease of transition into the home. This large homesite sits across from the Intraocoastal Waterway and has the option for a pool in the rear outdoor living spaces. Buyer to make custom selections with the Richard Wallace Builder design team. Inquire for further details.

Last Agent to Sell the Property

Claire Reddick

Saltworks Realty LLC License #250586 Listed on: 01/13/2023

Last Buyer's Agent

Chris Stewart

Berkshire Hathaway HomeServices Carolina Premier Properties License #317104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 2023

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 124.93x159.93x124.96x118.99
  • Irrigation
  • Wooded Lot
  • Property is zoned R15

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,228 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Combination Dining and Living Room
  • Partially Finished Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Range Hood
  • Built-In Microwave
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

  • Masonboro Elementary School
  • Roland Grise Middle School
  • Hoggard High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • East And Mason Subdivision

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number R06700-005-188-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, LVT/LVP
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Pantry, Mud Room, Kitchen Island, Gas Logs, Ceiling Fan(s), 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 561.35
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Sq Ft Heated: 3228.00
  • Total Heated Primary Separate Sq Ft: 3228.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: See Remarks
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Attached, Paved, Garage Door Opener, Concrete

Utilities

  • Appliances Equipment: Convection Oven, Vent Hood, Microwave - Built-In, Disposal, Cooktop - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 2122.00
  • Lot Acres: 0.45
  • Lot Description: Wooded
  • Lot Dimensions: 124.93x159.93x124.96x118.99
  • Lot Number: 171
  • Lot Sq Ft: 19602.00
  • Zoning: R15

Tax Info

  • Tax Identifier: R06700-005-188-000
  • Tax Year: 2022

MLS Schools

  • Elementary School: Masonboro
  • High School: Hoggard
  • Middle School: Roland Grise

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Richard Wallace Builder Inc
Bought by
Sellers Joe Ethridge and Sellers Allyson Brooke
Current Estimated Value
$302,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,400
Outstanding Balance
$1,325,972
Interest Rate
6.69%
Estimated Equity
-$1,023,972

Purchase Details

Closed on
Jul 11, 2022
Sold by
East & Mason Developers Llc
Bought by
Richard Wallace Builder Inc
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
Sellers Joe Ethridge $350,000 None Listed On Document
Richard Wallace Builder Inc $299,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Joe Ethridge $1,360,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $1,812,023 0.0% $561 / Sq Ft
09/27/2024 09/27/24 Price Changed $1,812,023 +29.8% $561 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $1,395,800 +3.7% $432 / Sq Ft
01/13/2023 01/13/23 For Sale $1,345,800 -- $417 / 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 $1,156 $132,900 $132,900 $0
2023 $1,156 $132,900 $132,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Claire Reddick

    Seller's Agent in 2024

    Claire Reddick

    Saltworks Realty LLC

    (910) 431-8532

    40 in this area

    116 Total Sales

    Claire Reddick
    Section Image

  • C

    Buyer's Agent in 2024

    Chris Stewart

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 431-0429

    1 in this area

    67 Total Sales

    Chris Stewart
    Section Image
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Map

Source: Hive MLS

MLS Number: 100365293

Hive MLS

APN: R06700-005-188-000

North Carolina New Hanover County Wilmington 28409 Masonboro

7432 Masonboro Sound Rd Unit 171, Wilmington, NC

This home is located at 7432 Masonboro Sound Rd Unit 171, Wilmington, NC 28409 since 13 January 2023 and is currently estimated at $302,000, approximately $93 per square foot. This property was built in 2023. 7432 Masonboro Sound Rd Unit 171 is a home located in New Hanover County with nearby schools including Masonboro Elementary School, Roland-Grise Middle School, and John T. Hoggard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS 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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