NOT LISTED FOR SALE

1 Backfin Point Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $5,615,000 - $6,840,246

5 Beds
7 Baths
4,718 Sq Ft
$1,332/Sq Ft Est. Value

About This Home

This home is located at 1 Backfin Point, Wilmington, NC 28411 and is currently estimated at $6,282,082, approximately $1,331 per square foot. 1 Backfin Point is a home located in New Hanover County with nearby schools including Porters Neck Elementary School, Holly Shelter Middle School, and Emsley A. Laney High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2012
Sold by
Waugh Philip S and Waugh Jean Wilder
Bought by
Backfin Llc
Current Estimated Value
$6,282,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,171,145
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$4,323,295

Purchase Details

Closed on
May 29, 2009
Sold by
Warren Burney S and Warren Judy C
Bought by
Backfin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
4.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 2001
Sold by
Solomon Donald J Susan T
Bought by
Warren Burney S

Purchase Details

Closed on
Mar 1, 1988
Sold by
Merritt Jr John B
Bought by
Solomon Donald J Linda K

Purchase Details

Closed on
Jan 1, 1973
Bought by
Merritt John B
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Backfin Llc -- None Available
Waugh Philip S -- None Available
Backfin Llc $3,400,000 None Available
Warren Burney S $517,000 --
Solomon Donald J Linda K $135,000 --
Merritt John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waugh Philip S $1,700,000
Previous Owner Backfin Llc $1,700,000
Source: Public Records

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 -- $2,880,000 $2,006,200 $873,800
2022 $0 $2,880,000 $2,006,200 $873,800
2021 $13,771 $2,907,900 $2,006,200 $901,700
2020 $13,771 $2,177,200 $1,240,800 $936,400
2019 $13,771 $2,177,200 $1,240,800 $936,400
2018 $13,771 $2,177,200 $1,240,800 $936,400
2017 $14,097 $2,177,200 $1,240,800 $936,400
2016 $14,171 $2,044,900 $1,041,000 $1,003,900
2015 $13,169 $2,044,900 $1,041,000 $1,003,900
2014 $12,944 $2,044,900 $1,041,000 $1,003,900
Source: Public Records

Map

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

1 Backfin Point, Wilmington, NC

This home is located at 1 Backfin Point, Wilmington, NC 28411 and is currently estimated at $6,282,082, approximately $1,331 per square foot. 1 Backfin Point is a home located in New Hanover County with nearby schools including Porters Neck Elementary School, Holly Shelter Middle School, and Emsley A. Laney High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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