Seller's Agent in 2018
Susan Ayers
HomeZu
(678) 344-1600
4,098 Total Sales
127 Beach Rd S Wilmington, NC 28411
Figure 8 Island NeighborhoodEstimated Value: $4,161,000 - $4,400,992
3
Beds
2
Baths
1,260
Sq Ft
$3,428/Sq Ft
Est. Value
Highlights
- Ocean View
- Boat Dock
- Home fronts a creek
- Porters Neck Elementary School Rated A-
- Boat Slip
- Clubhouse
About This Home
As of January 2018Large lot, desirable shape, average land elevation of 13.5 feet. Adjacent to large HOA common area. Nice sandy beach at low tide and excellent area for boaters and swimmers with no wakes. Large ''L'' shaped dock has four slips capable of 40 foot boat and 3 other slips. Beach access right across the street. The lot is out of the CAMA inlet hazard area. The house is small and cozy and is a potential tear down. It has survived all the hurricanes that have hit the island with minimal damage and has a good rental history. Yacht club warrant included.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,550
Year Built
- Built in 1974
Lot Details
- 0.64 Acre Lot
- Lot Dimensions are 105 x 250 x 116 x 218
- Home fronts a creek
- Wooded Lot
- Property is zoned R 20 S
HOA Fees
- $424 Monthly HOA Fees
Property Views
- Ocean
- Canal
Home Design
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,260 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Tile Flooring
- Laundry in Basement
- Pull Down Stairs to Attic
- Fire and Smoke Detector
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Attached Carport Spaces
- Dirt Driveway
- Unpaved Parking
Outdoor Features
- Boat Slip
- Wetlands on Lot
- Deck
- Covered Patio or Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- On Site Septic
- Septic Tank
Listing and Financial Details
- Tax Lot 127
- Assessor Parcel Number R04520-003-001-000
Community Details
Overview
- Figure Eight Island Subdivision
Recreation
- Boat Dock
Additional Features
- Clubhouse
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 2, 2021
Sold by
Bay House Llc
Bought by
Covington Tyler and Covington Caroline Graves
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,512,500
Interest Rate
2.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 14, 2017
Closed on
Dec 22, 2017
Sold by
Bushardt Paula Foster and Bushardt James B
Bought by
Bay House Llc
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$2,700,000
Sold Price
$2,150,000
Premium/Discount to List
-$550,000
-20.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$1,150,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 17, 1987
Sold by
Goodwin Jr Nancy P J Clivie
Bought by
Bay House Partnership
Purchase Details
Closed on
Apr 1, 1987
Sold by
Foster Paul Alexander
Bought by
Bay House Partnership
Purchase Details
Closed on
Oct 30, 1972
Sold by
Figure Eight Island Co
Bought by
Foster Paul A Coco
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Covington Tyler | $3,350,000 | None Available | |
| Bay House Llc | $2,150,000 | None Available | |
| Bay House Partnership | $20,000 | -- | |
| Bay House Partnership | -- | -- | |
| Foster Paul Alexander | $35,000 | -- | |
| Foster Paul A Coco | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Covington Tyler | $3,000,000 | |
| Closed | Covington Tyler | $2,512,500 | |
| Previous Owner | Bay House Llc | $1,150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/02/2018 01/02/18 | Sold | $2,150,000 | -20.4% | $1,706 / Sq Ft |
| 09/28/2017 09/28/17 | Pending | -- | -- | -- |
| 07/14/2017 07/14/17 | For Sale | $2,700,000 | -- | $2,143 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | -- | $2,157,100 | $2,142,500 | $14,600 |
| 2023 | $12,260 | $2,311,300 | $2,142,500 | $168,800 |
| 2022 | $12,260 | $2,311,300 | $2,142,500 | $168,800 |
| 2021 | $0 | $2,311,300 | $2,142,500 | $168,800 |
| 2020 | $9,620 | $1,520,900 | $1,405,900 | $115,000 |
| 2019 | $9,620 | $1,518,100 | $1,405,900 | $112,200 |
| 2018 | $9,602 | $1,518,100 | $1,405,900 | $112,200 |
| 2017 | $9,830 | $1,518,100 | $1,405,900 | $112,200 |
| 2016 | $8,550 | $1,233,700 | $1,072,200 | $161,500 |
| 2015 | $7,945 | $1,233,700 | $1,072,200 | $161,500 |
| 2014 | $7,809 | $1,233,700 | $1,072,200 | $161,500 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Ayers
-
Buzzy Northen
Buyer's Agent in 2018
Buzzy Northen
Intracoastal Realty Corp
(910) 520-0990
23 in this area
47 Total Sales
Map
Source: Hive MLS
MLS Number: 100072859
APN: R04520-003-001-000
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.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC
Nearby Homes
- 138 Beach Rd S
- 158 Beach Rd S
- 180 Beach Rd S
- 4 Sandy Point
- 10 Sandy Point
- 1835 Middle Sound Loop Rd
- 1823 Register Ln
- 1911 Middle Sound Loop Rd
- 2038 Trinity Ave
- 1956 Deep Creek Run
- 2032 Middle Sound Loop Rd
- 1324 Final Landing Ln
- 1620 Field View Rd
- 1307 Edgewater Club Rd
- 1527 Middle Sound Loop Rd
- 1025 Anchors Bend Way
- 2700 Lumina Ave N Unit 303
- 2700 Lumina Ave N Unit 414
- 2700 Lumina Ave N Unit 701
- 2700 Lumina Ave N Unit 716