NOT LISTED FOR SALE

Estimated Value: $3,570,500

3 Beds
3.5 Baths
3,300 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $2,600,000 $788 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $20,781/month

7 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Ocean Side of Freeway
  • Roland-Grise Middle School Rated A-
  • Boat Ramp
  • Waterfront

About This Home

As of April 2021

One of the finest lots in Shinn Point sitting at the end of a quiet cul-de-sac overlooking the ICWW, Masonboro Island. Protected deep water inlet that provides easy access to the areas best offshore and on shore fishing. This one of a kind ''Modernist'' residence represents Mid Century Modern. ''Modernist'' is a revolutionary and energetic movement in art, design and architecture that begain in the middle 20th century. Site character such as a good view, native trees, the slope of the land and proximity to neighbors all play a part in the design of this home. This structure seems thin and light partly because Architect, Haywood Newkirk and builder, Fred Murray, used structural steel in supporting the house and roof. The wind uplift tie rods tying the roof structure to the foundation are exposed on the exterior. The rods are thin vertical lines having almost no impact on the view from the living spaces. The roof slope and ceiling, lifting up towards the south are set at the best angle to allow winter sun, which is low in the southern sky, to pour in from the south. The roof projects well past the glass on the south and shields the glass in summer when the sun's angle is high. The living room, kitchen-dining space is separated from the bedroom wing by 1051 sq. ft. of open air decking that extends the south and west side of the living room, providing privacy between the bedroom wing and the main living area. It also provides a good natural ventilation characteristic.

Last Agent to Sell the Property

John Pierson

Bryant Real Estate License #22266 Listed on: 02/12/2021

Last Buyer's Agent

James Branch

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,206

Year Built

  • Built in 1981

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 228x46x76x235x40x109
  • Waterfront
  • Cul-De-Sac
  • Wood Fence
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Vaulted Ceiling
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Boat Ramp
  • Ocean Side of Freeway
  • Deck
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Additional Features

  • Accessible Ramps
  • Heating system powered by passive solar

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number R06317001001000

Community Details

Overview

  • Shinn Point Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,206

Year Built

Built in 1981

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Steel Frame, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1981
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished - Full, Outside Entrance
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Blinds/Shades, Pantry, Workshop, Walk-In Closet, Walk-in Shower, Smoke Detectors, Elevator, Foyer, Ceiling - Vaulted
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 787.88
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 3300.00
  • Total Heated Primary Separate Sq Ft: 3300.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower, Thermal Windows
  • Exterior Finish: Composition, Wood Siding
  • Exterior Structures: Shower
  • Fencing: Partial, Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Membrane, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Cooktop - Gas, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke 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, See Remarks

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Street Lights, Tennis Court(s), Ramp, Maint - Comm Areas, Management
  • HOAAssociationFee1Year: 400.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1690.00
  • Lot Acres: 0.52
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 228x46x76x235x40x109
  • Lot Number: 8
  • Lot Sq Ft: 22651.00
  • Lot Water Features: Boat Ramp, Water Access Comm, Ocean Side
  • Plat Book: 18
  • Plat Page: 71
  • Zoning: R-20
  • Lot View Type: ICW View, Ocean View

Green Features

  • Green Bldg Features: Passive Solar

Tax Info

  • Tax Identifier: R06317001001000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 7194.40
  • Total Real Estate Property Taxes: 15205.83

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 5, 2021
Sold by
Bryant Joanne M
Bought by
Cooling John Hobson and Cooling Gretchen Danielle
Seller's Agent
John Pierson
Bryant Real Estate
Buyer's Agent
James Branch
Coldwell Banker Sea Coast Advantage
List Price
$2,600,000
Sold Price
$2,600,000
Total Days on Market
7
Current Estimated Value
$3,570,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,500
Avg. Annual Appreciation
8.27%
Original Mortgage
$2,470,000
Outstanding Balance
$2,237,348
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,378,629

Purchase Details

Closed on
Dec 22, 2000
Sold by
Munsell Edith B Mark L Tr
Bought by
Bryant Joanne Munsell

Purchase Details

Closed on
Dec 16, 1994
Sold by
Munsell Edith B
Bought by
Munsell Edith B Mark L Tr

Purchase Details

Closed on
Aug 15, 1989
Sold by
Munsell Albert L Edith
Bought by
Munsell Albert L Edith B
Source: Public Records

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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
Cooling John Hobson $2,600,000 None Available
Bryant Joanne M -- None Available
Bryant Joanne Munsell -- --
Munsell Edith B Mark L Tr -- --
Munsell Edith B -- --
Munsell Albert L Edith B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooling John Hobson $2,470,000
Previous Owner Bryant Joanne M $205,000
Previous Owner Bryant Joanne M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $2,600,000 0.0% $788 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $2,600,000 -- $788 / 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
2023 $9,600 $1,041,300 $1,041,300 $0
2022 $8,851 $1,041,300 $1,041,300 $0
2021 $12,182 $1,423,500 $1,041,300 $382,200
2020 $15,206 $1,443,500 $1,152,000 $291,500
2019 $15,206 $1,443,500 $1,152,000 $291,500
2018 $15,200 $1,443,500 $1,152,000 $291,500
2017 $15,206 $1,443,500 $1,152,000 $291,500
2016 $9,189 $829,300 $600,000 $229,300
2015 $8,782 $829,300 $600,000 $229,300
2014 $8,409 $829,300 $600,000 $229,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100256551

Hive MLS

APN: R06317-001-001-000