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5326 Masonboro Loop Road, Wilmington, NC, 28409

2beds
2baths
850sqft
$375,000
$441price/sqft
$2,296/moest. monthly cost
$91,840/yrincome needed

About This Home

Rare Find-NO HOA-1/2 acre lot in Monkey Junction only 10 mins to beach. Remodeled 2 bedroom 2 full bath bungalow. Currently short term turn-key rental-STR, completely furnished, great investment or just bring your clothes and move in. Why pay rent when Owner is Seller Financing. Cute as a button, with all new furniture, completely remodeled kitchen, new cabinets, granite counter tops, stainless steel appliances, fireplace with electric logs, washer/dryer, updated bathrooms, new vinyl windows, covered front porch and screened in back porch, both with seating, storage shed, well for yard. Opportunity to build an ADU for garage space and additional rental income. Investors, 5330 Masonboro Lp MLS# 100555928 two residences on 1/2 acre is also for sale. All properties are to be sold by way of Seller Financing only.

Getting Around

7
WalkingCar-Dependent
0
TransitNo Nearby Transit
26
BikeSomewhat Bikeable

Schools

10/10
9/10
Myrtle Grove MiddleGrades 6-80.4 mi
5/10
Eugene Ashley HighGrades 9-123.3 mi

Construction

Condition

  • Year built: 1942

Materials

  • Foundation: Crawl Space
  • Roof: Architectural Shingle
  • Construction materials: Vinyl Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Microwave,Washer,Self Cleaning Oven,Refrigerator,Dryer,Dishwasher
  • Laundry features: Dryer Hookup,Washer Hookup,Laundry Room

Basement

  • Basement: None

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Master Downstairs,Ceiling Fan(s),Furnished,Walk-in Shower,Blinds/Shades,Eat-in Kitchen
  • Flooring: LVT/LVP

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 850
  • Total interior livable area: 850 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: R07612002004000
  • Zoning: R-15
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Covered,Porch,Screened,Front Porch,Rear Porch
  • Fencing: Partial
  • Has view: Yes
  • View description: See Remarks
  • Frontage type: See Remarks
  • Living area range: 800 - 999

Lot

  • Lot size: 0.52 Acres
  • Lot size dimensions: IRREGULAR

Parking

  • Parking features: On Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Inland Flooding
Tornado
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Strong Wind

FEMA Declared Disasters in New Hanover County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$78$936
Property Taxes $122$1,464
Electricity $200$2,405
Total$2,296$27,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,720/yr
40% on housing$68,880/yr
45% on housing$61,226/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$441This listing

vs Other Active Listings

Avg $/sqft

ZIP 28409$405
New Hanover County$308

vs Homes Sold Last Month

Median $/sqft

ZIP 28409$251
New Hanover County$260

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-21Listed for sale$375,000
2022-09-01Listing removed--
2022-08-26Price change$319,500
2022-08-08Price change$329,500
2022-06-22Price change$339,500
2022-06-08Listed for sale$350,000
2019-02-05Listing removed$1,200
2019-01-25Listed for rent$1,200
2014-04-08Listing removed$850
2014-03-05Listed for rent$850
2012-05-25Listing removed$775
2012-04-18Listed for rent$775
2004-02-01Sold$310,000
1976-09-01Sold$8,000

For Sale by Agent

AgentRhonda K Batchelor
BrokerageAtlantic Real Estate, Inc.

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