NOT LISTED FOR SALE

Estimated Value: $2,861,000 - $5,081,884

3 Beds
2 Baths
1,880 Sq Ft
$2,259/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $1,305,000 $694 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $24,092/month

400 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Home fronts a sound
  • Porters Neck Elementary School Rated A-
  • Water Access
  • Boat Slip

About This Home

As of August 2014

Can't decide if you want to be on the ocean or sound? Then this is the property just for you. Immaculately kept sound side cottage located directly across the street from the ocean on a .50 acre manicured lot (per original plat). 3 bedrooms, 2 full baths and bonus room. Open great room with high vaulted ceilings and an abundance of natural light. Wonderful views of the ocean or sound from every location throughout this charming home. Common area located beside this property provides added privacy. Additional features include Corian countertops, hardwood floors, covered and open decks, professionally landscaped lawn, outside shower, bulkhead, pier and 10,000lb boat lift. Figure Eight Island Yacht Club Warrant included. Excellent rental potential. Rare opportunity at this price point!

Last Agent to Sell the Property

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 06/17/2013

Last Buyer's Agent

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 06/17/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,518

Year Built

  • Built in 1977

Lot Details

  • 0.5 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Irrigation
  • 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

  • 1,880 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Driveway
  • Paved Parking

Outdoor Features

  • Water Access
  • Boat Slip
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating Available
  • On Site Septic
  • Septic Tank

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,518

Year Built

Built in 1977

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1977
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 877.13
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1880.00
  • Total Heated Primary Separate Sq Ft: 1880.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Wood Siding
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: City/Town
  • Utilities: Community Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Tennis Court(s), Trash, Maint - Comm Areas, Security, Management
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 643.00
  • Lot Acres: 0.50
  • Lot Dimensions: per original plat
  • Lot Sq Ft: 21780.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm
  • Special Assessments: Mason's Inlet Maintenance Pro
  • Zoning: R-20S
  • Lot View Type: Ocean View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2013
Closed on
Aug 4, 2014
Sold by
Newcomb Carol P and Newcomb Robert T
Bought by
Kunberger Kenneth T and Kunberger Nancy A
Seller's Agent
Kirra Sutton
Figure Eight Realty
Buyer's Agent
Kirra Sutton
Figure Eight Realty
List Price
$1,699,000
Sold Price
$1,305,000
Premium/Discount to List
-$394,000
-23.19%
Current Estimated Value
$4,246,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,941,628
Avg. Annual Appreciation
11.17%
Original Mortgage
$900,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2002
Sold by
Britton Linwood P Iii Mildred
Bought by
Newcomb Robert Carol P

Purchase Details

Closed on
Feb 6, 2001
Sold by
Britton Linwood P Jr Gay H
Bought by
Britton Linwood P

Purchase Details

Closed on
Aug 15, 2000
Sold by
Russell Frank J Brooke P
Bought by
Britton Linwood P

Purchase Details

Closed on
Sep 1, 1973
Bought by
Russell Frank J Brooke P
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
Kunberger Kenneth T $130,500 None Available
Newcomb Robert Carol P $910,000 --
Britton Linwood P $710,500 --
Britton Linwood P $630,500 --
Russell Frank J Brooke P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kunberger Kenneth T $572,585
Closed Kunberger Kenneth T $908,150
Closed Kunberger Kenneth T $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $1,305,000 -23.2% $694 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
06/17/2013 06/17/13 For Sale $1,699,000 -- $904 / 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 $12,518 $2,361,500 $1,975,000 $386,500
2022 $8,733 $2,194,500 $1,975,000 $219,500
2021 $3,007 $2,194,500 $1,975,000 $219,500
2020 $9,522 $1,505,500 $1,355,500 $150,000
2019 $9,522 $1,505,500 $1,355,500 $150,000
2018 $6,000 $1,505,500 $1,355,500 $150,000
2017 $9,748 $1,505,500 $1,355,500 $150,000
2016 $8,773 $1,266,000 $1,033,800 $232,200
2015 $7,903 $1,227,200 $1,033,800 $193,400
2014 $7,768 $1,227,200 $1,033,800 $193,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30492139

Hive MLS

APN: R04520-003-005-000