NOT LISTED FOR SALE

8721 Lowes Island Dr Wilmington, NC 28411

Estimated Value: $936,000 - $982,000

3 Beds
2.5 Baths
3,083 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $790,000 $256 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,599/month

28 Days on Market

Highlights

  • Boat Dock
  • 2 Fireplaces
  • Enclosed Patio or Porch
  • Porters Neck Elementary School Rated A-
  • Fenced Yard
  • Security Service

About This Home

As of September 2022

8721 Lowes Island Drive is nestled on 0.53 acres in the Glen Oaks neighborhood within the prestigious gated community of Porters Neck Plantation. The all brick craftsman style home has a 3-car garage and was custom-built to accommodate one story living. The semi-open floor plan creates flow throughout the home without feeling closed off like a traditional layout. The kitchen has a decorative hood, a 5-burner gas stove, granite countertops, center island, and opens to the breakfast nook which has a two sided fireplace and direct access to the pergola covered patio. The living room has a built-in entertainment corner and french doors that open onto an expansive sunroom equipped with an outdoor kitchen. The first floor master bedroom is an owner's retreat with hardwood floors and oversized windows that overlook the serene, fully fenced backyard with a calming waterfall and pond. The master bathroom provides his and her vanities, a water closet, a deep tub, and a walk-in shower. Move in ready with new roof, HVAC and encapsulated crawlspace. Enjoy all the amenities Porters Neck Plantation has to offer including a community dock and boat ramp with deep water access and picnic tables overlooking the Intracoastal Waterway.

Last Agent to Sell the Property

Tory Kuehner

Landmark Sotheby's International Realty License #301672 Listed on: 07/22/2022

Landmark Sotheby's International Realty

Last Buyer's Agent

The Rieker Team

Intracoastal Realty Corp License #274238

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 2005

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 135x198x93x190
  • Property fronts a private road
  • Fenced Yard
  • Irrigation
  • Property is zoned R-20

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,083 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Additional Features

  • Accessible Ramps
  • Enclosed Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number R03700-002-204-000

Community Details

Overview

  • Porters Neck Plantation Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,117

Year Built

Built in 2005

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 2
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Pantry, Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 257.87
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 10
  • Sq Ft Heated: 3083.00
  • Total Heated Primary Separate Sq Ft: 3083.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • Porch Balcony Deck: Enclosed, Patio
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Ramp, Street Lights, Security, Maint - Comm Areas, Management, Maint - Roads
  • HOAAssociationFee1Year: 1140.00

Lot Info

  • Deed Page: 727.00
  • Lot Acres: 0.53
  • Lot Dimensions: 135x198x93x190
  • Lot Sq Ft: 23043.00
  • Zoning: R-20

Tax Info

  • Tax Identifier: R03700-002-204-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 3116.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 15, 2022
Sold by
Wesley Adair Glen
Bought by
Trust Of Thomas A Barry
Seller's Agent
Tory Kuehner
Landmark Sotheby's International Realty
Buyer's Agent
The Rieker Team
Intracoastal Realty Corp
List Price
$795,000
Sold Price
$790,000
Premium/Discount to List
-$5,000
-0.63%
Views
8
Current Estimated Value
$962,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,467
Avg. Annual Appreciation
6.86%
Original Mortgage
$200,000
Outstanding Balance
$171,305
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$788,949

Purchase Details

Closed on
Mar 10, 2022
Sold by
Adair Family Trust
Bought by
Adair Glen Wesley and Adair Pamela Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2002
Sold by
Porters Neck Co Inc
Bought by
Adair Family Trust

Purchase Details

Closed on
Oct 18, 1988
Sold by
Hogue Cyrus D Jr Etal Trustees
Bought by
Porters Neck Co Inc
Source: Public Records

Range of Values:

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Average Value
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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
Trust Of Thomas A Barry $790,000 --
Adair Glen Wesley -- None Listed On Document
Adair Family Trust $79,000 --
Porters Neck Co Inc $3,623,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trust Of Thomas A Barry $200,000
Previous Owner Adair Glen Wesley $92,000
Previous Owner Adair Glen Wesley $452,000
Previous Owner Adair Glen Wesley $83,500
Previous Owner Adair Glen Wesley $452,000
Previous Owner Adair Glen W $288,600
Previous Owner Adair Glen Wesley $300,000
Previous Owner Adair Glen Wesley $160,000
Previous Owner Adair Glen Wesley $150,000
Previous Owner Adair Glen W $150,000
Previous Owner Adair Pamela $130,000
Previous Owner Adair Glen Wesley $118,000
Previous Owner Adair Glen Wesley $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $790,000 -0.6% $256 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $795,000 0.0% $258 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $795,000 -- $258 / 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 $3,121 $583,200 $141,500 $441,700
2023 $3,042 $569,300 $141,500 $427,800
2022 $3,071 $569,300 $141,500 $427,800
2021 $3,129 $569,300 $141,500 $427,800
2020 $2,934 $463,800 $138,400 $325,400
2019 $2,934 $463,800 $138,400 $325,400
2018 $2,934 $463,800 $138,400 $325,400
2017 $3,003 $463,800 $138,400 $325,400
2016 $3,468 $500,500 $152,900 $347,600
2015 $3,223 $500,500 $152,900 $347,600
2014 $3,168 $500,500 $152,900 $347,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100340290

Hive MLS

APN: R03700-002-204-000