Estimated Value: $2,430,000 - $5,211,601
3
Beds
4.5
Baths
5,712
Sq Ft
$707/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Waterfront
- Greenhouse
- Roland-Grise Middle School Rated A-
- Ocean View
- Boat Slip
About This Home
As of December 2013One of the finest locations on the east coast for this beautiful waterfront estate. Situated on a 2.65 acre point on the Intracoastal with 900 feet of water frontage. The home sits on a bluff with panoramic views for miles, including views of the ICWW, the inlet, Masonboro Island and the Atlantic Ocean. Incredible landscaping, award winning pool, boat house and protected deep water dockage for multiple boats. Interior boasts over 5,700 sq ft and views from almost every window. Also includes newly renovated kitchen, elevator, separate quarters and more. A rare opportunity!
Last Agent to Sell the Property
Intracoastal Realty Corp License #184520 Listed on: 10/25/2012
Last Buyer's Agent
Lynne Boney
Intracoastal Realty Corp
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,518
Year Built
- Built in 1983
Lot Details
- 2.65 Acre Lot
- Lot Dimensions are 450x400
- Cul-De-Sac
- Irrigation
- Property is zoned R-20
Parking
- 4 Car Attached Garage
Property Views
- Ocean
- Views of a Sound
- Intracoastal
Home Design
- Wood Frame Construction
- Shake Roof
- Stick Built Home
Interior Spaces
- 5,712 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- 3 Fireplaces
- Gas Log Fireplace
- Thermal Windows
- Family Room
- Living Room
- Formal Dining Room
- Home Office
- Attic Floors
- Home Security System
- Laundry Room
Kitchen
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Pool
- In Ground Pool
- Spa
Outdoor Features
- Deeded Waterfront Access Rights
- Boat Slip
- Deck
- Enclosed patio or porch
- Greenhouse
Utilities
- Forced Air Heating and Cooling System
- Well
Listing and Financial Details
- Assessor Parcel Number 315617.20.2938.000
Community Details
Overview
- No Home Owners Association
- Cedar Island Subdivision
Recreation
- Waterfront
Security
- Security Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 24, 2018
Sold by
Boney Clark Iii John R and Boney Denison Mary
Bought by
Clark John R and Denison Mary B
Total Days on Market
392
Current Estimated Value
Purchase Details
Listed on
Oct 25, 2012
Closed on
Dec 16, 2013
Sold by
Flohr Daniel and Jacobs Tina
Bought by
Boney Clark Iii John R and Boney Denison Mary
Seller's Agent
Debbie Mitchell
Intracoastal Realty Corp
Buyer's Agent
Lynne Boney
Intracoastal Realty Corp
List Price
$2,999,000
Sold Price
$2,270,000
Premium/Discount to List
-$729,000
-24.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$1,929,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 22, 1993
Sold by
Jordan Louis H Anne K
Bought by
Flohr Daniel Tina Jacobs
Purchase Details
Closed on
May 1, 1982
Sold by
Head Jr William G
Bought by
Jordan Louis H Anne K
Purchase Details
Closed on
Apr 1, 1973
Bought by
Head William G
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 |
|---|---|---|---|
| Clark John R | -- | None Available | |
| Boney Clark Iii John R | $2,771,000 | None Available | |
| Flohr Daniel Tina Jacobs | $1,175,000 | -- | |
| Jordan Louis H Anne K | $195,000 | -- | |
| Head William G | $27,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Clark John R | $848,853 | |
| Previous Owner | Boney Clark Iii John R | $1,929,500 | |
| Previous Owner | Flohr Daniel P | $1,000,000 | |
| Previous Owner | Flohr Daniel P | $500,000 | |
| Previous Owner | Flohr Daniel | $1,225,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2013 12/20/13 | Sold | $2,270,000 | -24.3% | $397 / Sq Ft |
| 11/21/2013 11/21/13 | Pending | -- | -- | -- |
| 10/25/2012 10/25/12 | For Sale | $2,999,000 | -- | $525 / 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 |
|---|---|---|---|---|
| 2024 | $40,518 | $4,657,200 | $2,467,600 | $2,189,600 |
| 2023 | $39,353 | $4,657,200 | $2,467,600 | $2,189,600 |
| 2022 | $39,586 | $4,657,200 | $2,467,600 | $2,189,600 |
| 2021 | $39,856 | $4,657,200 | $2,467,600 | $2,189,600 |
| 2020 | $21,820 | $2,071,400 | $878,000 | $1,193,400 |
| 2019 | $16,663 | $1,665,300 | $878,000 | $787,300 |
| 2018 | $17,542 | $1,665,300 | $878,000 | $787,300 |
| 2017 | $21,006 | $1,994,100 | $878,000 | $1,116,100 |
| 2016 | $19,002 | $1,715,000 | $877,900 | $837,100 |
| 2015 | $18,162 | $1,715,000 | $877,900 | $837,100 |
| 2014 | $17,390 | $1,715,000 | $877,900 | $837,100 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Mitchell
D
Seller's Agent in 2013
Debbie Mitchell
Intracoastal Realty Corp
(910) 256-4503
1 Total Sale
-
L
Buyer's Agent in 2013
Lynne Boney
Intracoastal Realty Corp
Source: Hive MLS
MLS Number: 30483123
APN: R06700-003-003-009
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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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