NOT LISTED FOR SALE

7817 Pine Ave Wilmington, NC 28411

Estimated Value: $2,866,151 - $3,184,000

6 Beds
5 Baths
3,280 Sq Ft
$922/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $5,207,960 $1,588 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $18,843/month

3 Days on Market

Highlights

  • Boat Dock
  • Boat Slip
  • Home fronts a creek
  • Porters Neck Elementary School Rated A-
  • Intracoastal View
  • 4.32 Acre Lot

About This Home

As of June 2021

Duck Point, the ultimate retreat with 4.32 acres overlooking the Intracoastal Waterway and the mouth of Page Creek, across from Figure Eight Island. In 1947 architect A. C. Woodruff designed this one-in-a-generation property with views from every window and screened porches on 3 sides to capture the prevailing southern breeze. Inside the long many windowed living room, one has the sensation of being aboard ship with water on all sides. The unique peninsula has over 1300 feet of water frontage and incredible centuries old moss draped live oaks and is protected from over development with a conservation easement. Osprey, heron, egrets, eagles and land birds of all varieties abound in this coastal oasis. This six bedroom residence has been tastefully updated but kept in context with it's history and charm. Imagine a movie set for The Big Chill complete with a private dock on a secluded cove with both sunrise and sunset views over water!Absolutely magical.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 04/07/2021

Intracoastal Realty Corp

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 4.32 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Open Lot
  • Property is zoned R-20

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 3,280 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Intracoastal Views
  • Laundry in Basement
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • Circular Driveway

Outdoor Features

  • Boat Slip
  • Wetlands on Lot
  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 3 & 4
  • Assessor Parcel Number R04511-001-002-000

Community Details

Overview

  • No Home Owners Association
  • Santa Maria Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Dishwasher
  • Auction: No
  • Basement: None
  • Boat Slip Length: 24'
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Wall/Window Unit(s)
  • Deed Page: 2091.00
  • Directions To Property: North on Market, right on Porters Neck Road, and right on Edgewater Club. Turn right onto Spring Peeper Lane, left on Wild Cherry, right onto Spring Peeper, left on Santa Maria. Santa Maria turns into Pine Avenue.
  • Document Count: 6
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: 2
  • Foundation: Slab
  • Fuel Tank: None
  • Handicap Accessible: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100265131
  • List Priceper Sq Ft: 1600.61
  • Location Type: Mainland
  • Lot Acres: 4.32
  • Lot Description: Open, Wetlands
  • Lot Dimensions: irregular - see survey
  • Lot Number: 3 & 4
  • Lot Sq Ft: 188179.00
  • Lot Water Features: Boat Dock, Boat Slip
  • Marketing City: Wilmington
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Deck
  • Prospect Exempt: Yes
  • Road Type Frontage: Private, Unpaved
  • Sunroom Level: Main
  • Secondary Subdivision: N/A
  • Sign On Property: No
  • Sq Ft Heated: 3280.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Subdivision: Santa Maria
  • Tax Identifier: R04511-001-002-000
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 3280.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1948
  • Zoning: R-20
  • Road Frontage Type: Creek Front, ICW Front
  • Lot View Type: ICW View
  • Home Warranty Company: 2-10 Home Trust
  • Home Warranty Amount: 690.15
  • Home Warranty Termite: Home Warranty/Seller
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry, Walk-in Shower
  • Laundry Location: Basement, Room
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Total Bathrooms: 5.00
  • Bedrooms: 6
  • Bedroom2 Level: Upper
  • Bedroom3 Level: Upper
  • Bedroom4 Level: Ground
  • Bedroom5 Level: Ground
  • Bedroom6 Level: Ground
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Upper

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos
  • On Site Pool Spa: None
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Circular

Utilities

  • Heated Sq Ft: 3000 - 3499
  • Heating System: None
  • Utilities: Septic On Site, Well Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 6, 2021
Sold by
Calhoun Mary S
Bought by
Verellen Tom and Verellen Sabine
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$5,250,000
Sold Price
$5,207,960
Premium/Discount to List
-$42,040
-0.8%
Current Estimated Value
$3,025,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,182,884
Avg. Annual Appreciation
-11.18%
Original Mortgage
$1,000,000
Outstanding Balance
$903,401
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,121,675

Purchase Details

Closed on
Jun 29, 2015
Sold by
Calhoun Eric R and Calhoun Mary S
Bought by
Calhoun Eric R and Calhoun Mary S

Purchase Details

Closed on
May 31, 2005
Sold by
Richardson Calhoun John Sudduth and Richardson Calhoun Eric
Bought by
Wilson Sloan C

Purchase Details

Closed on
Apr 3, 2003
Sold by
Calhoun Beda C
Bought by
Calhoun John S Coexecutors

Purchase Details

Closed on
Jun 19, 1999
Sold by
Schenck Michael W Kathleen L
Bought by
Calhoun Eric Etals Trustees

Purchase Details

Closed on
Jun 16, 1999
Sold by
Calhoun John S Eric R
Bought by
Calhoun Eric R

Purchase Details

Closed on
Jun 19, 1996
Sold by
Schenck Michael W Kathleen L
Bought by
Calhoun Beda C

Purchase Details

Closed on
Aug 29, 1994
Sold by
Carlson Carl I Anne D
Bought by
Calhoun Eric R

Purchase Details

Closed on
Aug 26, 1994
Sold by
Schenck Michael W Kathleen L
Bought by
Calhoun Beda C

Purchase Details

Closed on
Jun 23, 1981
Bought by
Calhoun Eric Richardson

Purchase Details

Closed on
Jun 1, 1981
Sold by
Calhoun David Carlson
Bought by
Calhoun David Carlson
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Verellen Tom $5,207,500 None Available
Calhoun Eric R -- Attorney
Wilson Sloan C -- None Available
Calhoun David R -- None Available
Calhoun Eric R -- None Available
Calhoun John Sudduth -- None Available
Calhoun John S Coexecutors -- --
Calhoun Eric Etals Trustees $241,000 --
Calhoun Eric R $1,004,000 --
Calhoun Beda C $241,000 --
Calhoun Eric R -- --
Calhoun Beda C -- --
Calhoun Eric Richardson -- --
Calhoun Eric R Etals Trustees -- --
Calhoun Eric Richardson -- --
Calhoun David Carlson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verellen Tom $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2021 06/14/21 Sold $5,207,960 -0.8% $1,588 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $5,250,000 -- $1,601 / 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
2025 -- $2,658,700 $2,192,000 $466,700
2023 -- $2,457,900 $2,076,400 $381,500
2022 $12,381 $2,450,100 $2,076,400 $373,700
2021 $11,142 $2,259,100 $1,885,400 $373,700
2020 $6,890 $1,089,300 $719,900 $369,400
2019 $6,890 $1,089,300 $719,900 $369,400
2018 $0 $1,089,300 $719,900 $369,400
2017 $7,053 $1,089,300 $719,900 $369,400
2016 $6,706 $967,700 $778,300 $189,400
2015 $6,232 $967,700 $778,300 $189,400
2014 $6,126 $967,700 $778,300 $189,400
Source: Public Records

Agents Affiliated with this Home

  • Vance Young

    Seller's Agent in 2021

    Vance Young

    Intracoastal Realty Corp

    (910) 232-8850

    31 in this area

    864 Total Sales

    Vance Young
    Section Image

  • K

    Buyer's Agent in 2021

    Keith Beatty

    Intracoastal Realty Corp

    (910) 509-1924

    13 in this area

    666 Total Sales

    Keith Beatty
    Section Image
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Map

Source: Hive MLS

MLS Number: 100265131

Hive MLS

APN: R04511-001-002-000

North Carolina New Hanover County Wilmington 28411

7817 Pine Ave, Wilmington, NC

Not Listed for Sale

Detached

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