5330 Masonboro Loop Road

Wilmington, NC 28409

$1,645,000
Price
12
Beds
7
Baths
2
1/2 Baths
5,950 Sq. Ft.
$276 / Sq. Ft.
5,950
Sq. Ft.
$276
per Sq. Ft.

Description

Rezone to build condos, townhomes or keep Tenants in place. Rare investment opportunity- 4 rental houses & 2 additional buildable lots on one plot over 2 acres in monkey junction masonboro loop rd area. No hoa dues! Only ''1'' Real Estate Tax Payment to pay! 2 Additional rental properties are also for sale adjacent to this parcel consisting of 2 additional houses- 3+ acres in total.
1st-Main home-5330 was just remodeled/updated 2022 with new top of line Board & Batten siding, new windows, all new
...Rezone to build condos, townhomes or keep Tenants in place. Rare investment opportunity- 4 rental houses & 2 additional buildable lots on one plot over 2 acres in monkey junction masonboro loop rd area. No hoa dues! Only ''1'' Real Estate Tax Payment to pay! 2 Additional rental properties are also for sale adjacent to this parcel consisting of 2 additional houses- 3+ acres in total.

1st-Main home-5330 was just remodeled/updated 2022 with new top of line Board & Batten siding, new windows, all new stainless steel appliances, new bathrooms & more. This 2 Story 3-4 Bedrooms 2.5 baths, 2500 HSF has hardwood floors in 2-living rooms, formal dining, large step down family room with cast iron wood burning stand alone fireplace, kitchen & kitchen nook has new LVP flooring, all new appliances, upstairs is huge with all knotty pine ceilings & walls, hardwood floors 1/2 bath, lots of storage. Stretch front porch huge screened back porch, private driveway detached storage shed

2nd-5330 1/2 Home 1 story bungalow 2 large vaulted bedrooms 1 bath, living room & kitchen, storage shed was completely, remodeled/updated 2018-2019, Roof, HVAC, ductwork, bathroom, windows. LVP flooring, new appliances and more.

3RD-5322 Home sits in a cul-de-sac surrounded by woods. This cute bungalow 2 bedrooms 2 full baths has new ductwork, new compressor, vaulted living room, dining room, kitchen, lazy front porch & side screened-in porch, storage shed and more

4th-5328 Home-Also sits in wooded cul-de-sac area. 2 Story 1800 sq. ft. 4 bedrooms, 2.5 baths, many recent updates-roof, windows, water heater, HVAC, appliances & more. Wrap around front porch, fenced in back yard with storage building. Upstairs has beautiful hardwood floors, 3 bedrooms & 1.5 baths, built in book shelves, claw tub, extra storage room. Downstairs living & dining room with spacious kitchen, full bath, 4th bedroom or office with separate entrance.

5324 & 5326 Masonboro Loop Rd can be purchased too
  1. Listed by Rhonda K Batchelor • Atlantic Real Estate, Inc.

Property Details for 5330 Masonboro Loop Road

Parking Features
Additional Parking, Concrete, On Site
Subdivision Name
Not In Subdivision
Zoning
R-15
Parking Total
.00
Waterfront
No

Location

Listing Courtesy of Atlantic Real Estate, Inc.
Add your commute
LISTING UPDATED: 06/03/2024 04:35 PM

Property Details for 5330 Masonboro Loop Road

StatusActive
MLS #100446474
Days on Market24
Taxes$2,541 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Quadruplex
Year Built1944
Lot Size2.09 AC / 90,866 SF
CountyNew Hanover County

Location

Listing Courtesy of Atlantic Real Estate, Inc.
Add your commute

Building Information for 5330 Masonboro Loop Road

Stories2Residences-Year Built1944Building Size-Lot Size2.09 AC / 90,866 SF

Payment Calculator

$9,189 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,977

Property Taxes

$212

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5330 Masonboro Loop Road

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28409
  • County Or Parish: New Hanover
  • Directions: -S on College Rd -Turn left on Piner Rd @ Monkey Junction light -Turn left on Grissom (at fork) which turns into Masonboro Lp Rd, -Turn in between 5324 & 5326, this no name private road takes you into our properties.
  • Latitude: 34.14
  • Longitude: -77.88
  • Number Of Units In Community: 4
  • City Limits: No
  • Secondary Subdivision: N/A
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: No
  • Property Exterior Interior Info: Location Type: Mainland
  • Legal and Taxes: Zoning Details: R-15
  • Topography: Wooded: Yes
Taxes and HOA
  • Tax Other Assessment Amount Frequency: none
  • Association Fee: $.00
  • Tax Legal Description: PT CRAIG
  • Tax Book Number: 4
  • Tax Map Number: R07612-002-003-000
  • Tax Year: 2023
  • Tax Assessed Value: $486,400.00
  • Parcel Number: R07612-002-003-000
  • Tax Block: 29
  • Association: No
  • Tax Annual Amount: $2,541.44
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 4210
  • Legal and Taxes: Deed Page: 419.0
  • Legal and Taxes: Legal: PT CRAIG
  • Legal and Taxes: PID: R07612-002-003-000
  • Legal and Taxes: Plat Book: 4
  • Legal and Taxes: Plat Page: 29
  • Legal and Taxes: Tax Assessed Value: $486,400.00
  • Legal and Taxes: Total Real Estate Property Taxes: $2,541.44
  • Legal and Taxes: Tax Year: 2023
  • HOA Amenities: Floored: Yes
  • HOA Amenities: Floored - Partial: Yes
  • HOA Amenities: Stairs - Pull Down: Yes
Parking
  • Open Parking Spaces: 4.00
  • Carport Spaces: .00
  • Attached Garage: No
  • Driveway Spaces: 4.00
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: On Site: Yes
Property
Lot Information
  • Lot Features: Cul-de-Sac Lot, See Remarks, Wooded
  • Lot Size Units: Acres
  • Lot Size Acres: 2.09
  • Lot Size Area: 2.09
  • Lot Size Dimensions: IRREGULAR
  • Building Area Total: 5950.0
  • Lot Size Square Feet: 90866.0
  • Property Exterior Interior Info: Lot Dimensions: IRREGULAR
  • Property Exterior Interior Info: Lot Acres: 2.09
  • Property Exterior Interior Info: Lot Sq Ft: 90866.0
  • Side Unit 1: Avg Sq Ft: 2500.0
  • Side Unit 2: Avg Sq Ft: 700.0
  • Side Unit 3: Avg Sq Ft: 900.0
  • Side Unit 4: Avg Sq Ft: 1850.0
  • Bldgs on Property: See Remarks: Yes
Property and Assessments
  • Structure Type: Wood Frame
  • New Construction: No
  • Year Built: 1944
  • Legal and Taxes: Special Assessments: none
  • Construction: Wood Frame: Yes
  • Foundation: Crawl Space: Yes
  • Foundation: Slab: Yes
Utilities
  • Sewer: Private Sewer
  • Utilities: Municipal Sewer Available, Other, Water Connected
  • Water Source: Municipal Water
  • Service Providers: Electric Provider: Duke Progress Energy
  • Service Providers: Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Water: Yes
  • Utilities: Municipal Sewer Available: Yes
  • Utilities: Private Sewer: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Stories Levels: Two: Yes
  • Stories Levels: 1st Floor: Yes
  • Stories Levels: 2nd Floor: Yes
  • Stories Levels: Ground: Yes
  • Association Amenities: No Amenities
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle, Shingle
  • Fencing: Chain Link, Partial, Back Yard
  • Accessibility Features: None
  • Patio And Porch Features: Open, Covered, Deck, Enclosed, Patio, Porch, Screened, Wrap Around
  • Window Features: Blinds
  • Exterior Features: Storm Doors: Yes
  • Exterior Finish: Vinyl Siding: Yes
  • Fencing: Chain Link: Yes
  • Fencing: Partial: Yes
  • Fuel Tank: None: Yes
  • Porch Balcony Deck: Covered: Yes
  • Porch Balcony Deck: Deck: Yes
  • Porch Balcony Deck: Enclosed: Yes
  • Porch Balcony Deck: Open: Yes
  • Porch Balcony Deck: Patio: Yes
  • Porch Balcony Deck: Porch: Yes
  • Porch Balcony Deck: Screened: Yes
  • Roof: Architectural Shingle: Yes
  • Foundation Details: Combination, Slab
Interior Features
  • Levels: Ground, Two, One
  • Flooring: LVT/LVP, Carpet, Vinyl, Wood
  • Interior Features: Wash/Dry Connect, Workshop, Bookcases, Master Downstairs, 2nd Kitchen, 9Ft+ Ceilings, Apt/Suite, Tray Ceiling(s), Vaulted Ceiling(s), Ceiling Fan(s), Pantry, Walk-in Shower, Eat-in Kitchen
  • Basement: Crawl Space, None
  • Cooling: Central Air
  • Fireplace Features: Wood Burning Stove
  • Heating: Heat Pump, Electric
  • Laundry Features: Hookup - Dryer, Laundry Closet, Washer Hookup, Inside
  • Appliances: Vent Hood, Stove/Oven - Electric, Self Cleaning Oven, Refrigerator, Range, Microwave - Built-In, Dishwasher
  • Bathrooms Total Integer: 9
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Notational: 9.00
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: Yes
  • Bedrooms Total: 12
  • # Baths - Total: 9.00
  • Handicap Accessible: None: Yes
  • Flooring: Carpet: Yes
  • Flooring: L V T L V P: Yes
  • Flooring: Vinyl: Yes
  • Flooring: Wood: Yes
  • Cooling System: Central: Yes
  • Heating System: Electric: Yes
  • Appliances Equip: Dishwasher: Yes
  • Appliances Equip: Refrigerator: Yes
  • Appliances Equip: Microwave - Built-In: Yes
  • Interior Features: 1st Floor Master: Yes
  • Interior Features: 2nd Kitchen: Yes
  • Interior Features: 9 Ft Ceilings: Yes
  • Interior Features: Apt Suite: Yes
  • Interior Features: Blinds Shades: Yes
  • Interior Features: Ceiling - Trey: Yes
  • Interior Features: Ceiling - Vaulted: Yes
  • Laundry Location: Formal: Yes
  • Rooms: Kitchen: Yes
  • Rooms: Living Room: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: No
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 4.00
Unit 1
  • Total Rooms: 11
  • # of Bedrooms: 4
  • Full Baths: 2
  • Half Baths: 1
  • Furnished: No
  • Rent: $2,200.00
  • Occupied: True
  • Features: Extra Storage: Yes
  • Features: Fireplace: Yes
  • Features: Patio Balcony Deck: Yes
  • Features: WD Hookup: Yes
  • Appliance: Dishwasher: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Appliance: Vent Hood: Yes
  • Cooling: Central2: Yes
  • Heating: Heat Pump: Yes
  • Heating: Electric: Yes
  • Rent Frequencys: Monthly: Yes
Unit 2
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,400.00
  • Occupied: Yes
  • Features: Kitchen: Yes
  • Features: Living Room: Yes
  • Features: W D Hookup: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Appliance: Vent Hood: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
  • Heating: Heat Pump: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: None: Yes
Unit 3
  • Total Rooms: 5
  • # of Bedrooms: 2
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,750.00
  • Occupied: Yes
  • Features: Dining Room: Yes
  • Features: Kitchen: Yes
  • Features: Living Room: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Appliance: Vent Hood: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
  • Heating: Heat Pump: Yes
Unit 4
  • Total Rooms: 8.0
  • # of Bedrooms: 4
  • Full Baths: 2
  • Half Baths: 1
  • Furnished: No
  • Rent: 1950.0
  • Occupied: Yes
  • Features: Dining Room: Yes
  • Features: Extra Storage: Yes
  • Features: Patio Balcony Deck: Yes
  • Appliance: Dishwasher: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Appliance: Vent Hood: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
  • Heating: Heat Pump: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: None: Yes
Rental
Rental Information
  • Side Unit 2 Rent Frequency: Monthly: Yes
  • Property Exterior Interior Info: Pets: Possible

Property History for 5330 Masonboro Loop Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5330 Masonboro Loop Road

Taxable ValueLand$172,200Additions$314,200Total$486,400
Tax Record2023$2,806 ($234 / month)
Home Facts
Baths7.5Total Finished SqFt2,325 SqFtAbove Grade Finished SqFt2,325 SqFtStories2Lot Size90,866 SqFtStyleDuplexYear Built1944ZoningR-15,RESIDENTCountyNEW HANOVERAPNR07612-002-003-000Fireplace TypeHas Fireplace

Schools near 5330 Masonboro Loop Road

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Heyward C Bellamy Elementary
Public1 to 5

Myrtle Grove Middle
Public6 to 8

Eugene Ashley High
Public9 to 12

Dr John Codington Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5330 Masonboro Loop Road is a multi-family home for sale in Wilmington, NC 28409. This property was listed for sale on May 24, 2024 by Atlantic Real Estate, Inc., it's currently listed at $1,645,000. This listing's school district is New Hanover County School District. Nearby schools include Heyward C Bellamy Elementary, Myrtle Grove Middle and Eugene Ashley High. 5330 Masonboro Loop Road is a 12-bed, 8-bath, 5,950 sqft multi-family home built in 1944.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Atlantic Real Estate, Inc.

The data relating to real estate on this website comes in part from the Internet Data Exchange program of North Carolina Regional 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 Compass 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. Copyright© 2024 North Carolina Regional MLS LLC. All Rights Reserved.