NOT LISTED FOR SALE

16 Beach Rd S Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $5,618,310 - $6,398,000

4 Beds
5 Baths
4,390 Sq Ft
$1,352/Sq Ft Est. Value

About This Home

This home is located at 16 Beach Rd S, Wilmington, NC 28411 and is currently estimated at $5,934,770, approximately $1,351 per square foot. 16 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2022
Sold by
Penley Matthew and Penley Kelly
Bought by
Penley Mark and Penley Courtney
Current Estimated Value
$5,561,817

Purchase Details

Closed on
Sep 6, 2016
Sold by
Pigman Karen C and Karen C Pigman Revocable Trust
Bought by
Map Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,018,750
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 14, 2014
Sold by
Bass Hillman D and Solana Alan M
Bought by
Pigman Karen C and Karen C Pigman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1993
Sold by
Willetts Frederick Jr Helen
Bought by
Bass Hillman D Jr Jan H

Purchase Details

Closed on
Sep 1, 1979
Bought by
Willetts Frederick Jr Helen
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
Penley Mark $8,000 --
Penley Mark -- --
Map Family Llc $2,375,000 None Available
Pigman Karen C $2,375,000 None Available
Bass Hillman D Jr Jan H $365,000 --
Willetts Frederick Jr Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Map Family Llc $2,018,750
Previous Owner Pigman Karen C $2,350,000
Previous Owner Bass Hillman D $500,000
Previous Owner Bass Hillman D $250,000
Previous Owner Bass Hillman D $935,000
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 $17,878 $3,407,600 $2,613,400 $794,200
2022 $18,043 $3,407,600 $2,613,400 $794,200
2021 $0 $3,407,600 $2,613,400 $794,200
2020 $14,355 $2,269,600 $1,743,300 $526,300
2019 $14,355 $2,269,600 $1,743,300 $526,300
2018 $14,355 $2,269,600 $1,743,300 $526,300
2017 $14,696 $2,269,600 $1,743,300 $526,300
2016 $13,123 $1,893,600 $1,122,900 $770,700
2015 $12,195 $1,893,600 $1,122,900 $770,700
2014 $11,986 $1,893,600 $1,122,900 $770,700
Source: Public Records

Map

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

16 Beach Rd S, Wilmington, NC

This home is located at 16 Beach Rd S, Wilmington, NC 28411 and is currently estimated at $5,934,770, approximately $1,351 per square foot. 16 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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