NOT LISTED FOR SALE

112 Beach Rd S Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $5,536,000 - $7,999,406

5 Beds
10 Baths
4,031 Sq Ft
$1,670/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $2,360,000 $585 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $44,338/month

48 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Gated Community
  • Porters Neck Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of February 2018

Enjoy amazing views from this ocean front 5 bedroom, 5 bath home. Located on exclusive private Figure Eight Island. This home features 4 bedrooms,3 full baths, laundry room and family room on the first floor. The second floor features and open living room, kitchen and dining area. Along with Master suite and an additional bonus room.This home is sold furnished and includes a Figure Eight Island Yacht Club Warrant. Original detached guest area built in 1971, house totally renovated in 1998. Guest detached area 610 sq.ft of house. Heated and cooled by wall unit.

Last Agent to Sell the Property

Judy Parlatore

Figure Eight Realty License #35502 Listed on: 11/17/2017

Last Buyer's Agent

Beth Lennon

Coldwell Banker Sea Coast Advantage License #204805

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 100x250x100x250
  • Ocean Front
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 4,031 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 2 Garage Spaces | 1 Attached and 1 Detached
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number R04520-002-020-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$424 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: 2.0
  • Stories Levels: Two
  • Year Built: 1998
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Tile
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet, Wet Bar, Pantry, Furnished, Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 638.80
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 5
  • Total Bathrooms: 10.00
  • Bedrooms: 5
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bedroom 5 Level: Second
  • Dining Room Level: Second
  • Family Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 4031.00
  • Total Heated Primary Separate Sq Ft: 4031.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Porch, Open, Deck
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Community Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Tennis Court(s), Trash, Trail(s), Owner Pets Only, Security, Ramp, Gated, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 894896.00
  • Lot Acres: 0.62
  • Lot Dimensions: 100x250x100x250
  • Lot Number: 153
  • Lot Sq Ft: 27003.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 753
  • Plat Page: 503
  • Zoning: R-20S
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R04520-002-020-000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 29, 2018
Sold by
Buckman Family Llc
Bought by
May David J and May Susan D
Seller's Agent
Judy Parlatore
Figure Eight Realty
Buyer's Agent
Beth Lennon
Coldwell Banker Sea Coast Advantage
List Price
$2,575,000
Sold Price
$2,360,000
Premium/Discount to List
-$215,000
-8.35%
Current Estimated Value
$6,732,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,372,469
Avg. Annual Appreciation
15.00%
Original Mortgage
$1,770,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2002
Sold by
Wilkins Kaye A
Bought by
Buckman Family Llc

Purchase Details

Closed on
Mar 20, 1991
Sold by
Staber Marion
Bought by
Wilkins Kaye A

Purchase Details

Closed on
Nov 1, 1968
Sold by
Staber Ernest C and Staber Marion
Bought by
Staber Marion
Source: Public Records

Range of Values:

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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
May David J $2,360,000 None Available
Buckman Family Llc $950,000 --
Wilkins Kaye A $333,000 --
Staber Marion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May David J $1,382,700
Closed May David J $1,770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $2,360,000 -8.3% $585 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
11/17/2017 11/17/17 For Sale $2,575,000 -- $639 / 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 -- $3,739,500 $2,613,500 $1,126,000
2022 $0 $3,739,500 $2,613,500 $1,126,000
2021 $12,930 $3,739,500 $2,613,500 $1,126,000
2020 $12,930 $2,044,300 $1,364,300 $680,000
2019 $8,629 $1,716,700 $1,364,300 $352,400
2018 $0 $1,716,700 $1,364,300 $352,400
2017 $11,116 $1,716,700 $1,364,300 $352,400
2016 $10,612 $1,531,300 $1,122,900 $408,400
2015 $9,862 $1,531,300 $1,122,900 $408,400
2014 $9,693 $1,531,300 $1,122,900 $408,400
Source: Public Records

Agents Affiliated with this Home

  • Judy Parlatore

    Seller's Agent in 2018

    Judy Parlatore

    Figure Eight Realty

    (910) 686-9936

    4 in this area

    6 Total Sales

    Section Image

  • B

    Buyer's Agent in 2018

    Beth Lennon

    Coldwell Banker Sea Coast Advantage

    Section Image
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Map

Source: Hive MLS

MLS Number: 100090783

Hive MLS

APN: R04520-002-020-000

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

112 Beach Rd S, Wilmington, NC

This home is located at 112 Beach Rd S, Wilmington, NC 28411 since 17 November 2017 and is currently estimated at $6,732,469, approximately $1,670 per square foot. This property was built in 1998. 112 Beach Rd S 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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