NOT LISTED FOR SALE

1308 Edgewater Club Rd Unit 22 Wilmington, NC 28411

Estimated Value: $1,047,578 - $1,313,000

3 Beds
3 Baths
1,638 Sq Ft
$741/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $837,500 $511 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,509/month

60 Days on Market

Highlights

  • Waterfront
  • Boat Dock
  • Boat Ramp
  • Porters Neck Elementary School Rated A-
  • Water Access
  • Boat Slip

About This Home

As of August 2021

The wait is over. Highly sought waterfront townhome presented for sale within the coveted Figure Eight Harbour community. The approx. 17acre Figure Eight Harbour campus is quietly tucked on the west bank of the Intracoastal Waterway and offers owners an amenity package that is second to none. This prized two-level 3BR/3BA floorplan showcases dramatic ICW views. Open concept living and kitchen areas include coastal friendly tile flooring. Screened lower-level waterfront porch to dine outdoors during any season. Each of the two upper guest rooms open to large waterfront deck. From this unique perspective, owners enjoy cooling sea breezes, and views of passing boats. Master includes en-suite bath, spacious closet, opens to private terrace. This little paradise lives much larger than it measures. Steps away lies your private 30ft deepwater boatslip. Community dock offers covered gazebo, water, and fish cleaning station. Figure Eight Harbour owners enjoy a private community pool, boat ramp / launch, tennis court. Each townhome includes its very own detached garage, excellent for storing anything one might need to embrace the coastal lifestyle. So gas up the Grady because life is better on the water! Sunscreen included with acceptable offer.

Last Agent to Sell the Property

Team Hardee Hunt & Williams

Hardee Hunt & Williams Listed on: 05/28/2021

Last Buyer's Agent

Vance Young

Intracoastal Realty Corp License #245851

Intracoastal Realty Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1986

Lot Details

  • 2,004

HOA Fees

  • $975 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Intracoastal Views
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Water Access
  • Boat Ramp
  • Boat Slip
  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water

Additional Features

  • Accessible Ramps
  • Property fronts a private road
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R04507002001022

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Figure Eight Harbour Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront
  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Security

  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,942

Year Built

Built in 1986

Lot Details

0

HOA Fees

$975 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1986
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Solid Surface, Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 534.19
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1638.00
  • Total Heated Primary Separate Sq Ft: 1638.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: See Remarks
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered, Screened, Porch
  • Road Type Frontage: Private
  • Roof: See Remarks
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Tennis Court(s), Water, Trash, Sewer, Taxes, Street Lights, Roof, Ramp, Community Pool, Master Insure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Flood Insurance, Boat Slip - Assign, Boat Dock
  • HOAAssociationFee1Year: 11700.00

Lot Info

  • Deed Page: 440.00
  • Lot Dimensions: Townhome
  • Lot Water Features: Boat Ramp, Water Access Comm, Waterfront Comm, Boat Slip
  • Plat Book: 26
  • Plat Page: 143-144
  • Zoning: R-20
  • Lot View Type: ICW View

Tax Info

  • Tax Identifier: R04507002001022
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2942.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 9, 2021
Sold by
Royal Stephen H and Royal Leslie J
Bought by
Callaway George Hadley and Callaway Cameron Smith
Seller's Agent
Team Hardee Hunt & Williams
Hardee Hunt & Williams
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$995,000
Sold Price
$837,500
Premium/Discount to List
-$157,500
-15.83%
Current Estimated Value
$1,163,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,038
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
May 12, 2005
Sold by
Itac 113 Llc
Bought by
Royal Stephen H

Purchase Details

Closed on
Feb 18, 2005
Sold by
Tiede Butler Robert B and Tiede Butler Sally
Bought by
Itac 113 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1995
Sold by
Separk Norman Jr Shelia T
Bought by
Butler Robert B Sally Tiede

Purchase Details

Closed on
Feb 1, 1988
Sold by
Figure 8 Harbour Corp
Bought by
Separk Norman Jr Shelia T

Purchase Details

Closed on
May 1, 1986
Bought by
Figure 8 Harbour Corp
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
Callaway George Hadley $837,500 None Available
Royal Stephen H $690,000 None Available
Itac 113 Llc $690,000 None Available
Butler Robert B Sally Tiede $215,000 --
Separk Norman Jr Shelia T $264,000 --
Figure 8 Harbour Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Itac 113 Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $837,500 -4.3% $511 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $875,000 -7.4% $534 / Sq Ft
06/18/2021 06/18/21 Price Changed $945,000 -5.0% $577 / Sq Ft
05/15/2021 05/15/21 For Sale $995,000 0.0% $607 / Sq Ft
03/05/2014 03/05/14 Rented $1,800 -10.0% --
03/05/2014 03/05/14 Under Contract -- -- --
05/04/2011 05/04/11 For Rent $2,000 -- --
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 -- $698,200 $472,500 $225,700
2022 $0 $698,200 $472,500 $225,700
2021 $0 $698,200 $472,500 $225,700
2020 $2,942 $465,200 $230,400 $234,800
2019 $2,942 $465,200 $230,400 $234,800
2018 $2,942 $465,200 $230,400 $234,800
2017 $3,012 $465,200 $230,400 $234,800
2016 $2,836 $409,300 $208,000 $201,300
2015 $2,636 $409,300 $208,000 $201,300
2014 $2,591 $409,300 $208,000 $201,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100272215

Hive MLS

APN: R04507-002-001-022