NOT LISTED FOR SALE

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

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

Last Sold August 15, 2014

Last sale price $2,375,000 $541 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $32,219/month

62 Days on Market

Highlights

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

About This Home

As of August 2014

Light, bright and airy with magnificent ocean and sound views! Prime center island location! Spacious open floor plan offering 4 bedrooms, 4 1/2 baths and multiple indoor and outdoor living areas. First floor features entry, home theater room and large recreation room with full bath. Upscale kitchen with solid surface countertops, separate Subzero refrigerator and freezer, triple built-in stainless wall ovens and large island that opens to the dining and living area all located on the 2nd level. Home office, large laundry area and master suite also located on this level. Three additional bedrooms and den located on the 3rd floor. Tons of covered and open decks located on the various levels of this home. Professionally landscaped lawn. Circular driveway, 2 car garage, elevator and

Last Agent to Sell the Property

Judy Parlatore

Figure Eight Realty License #35502 Listed on: 05/16/2014

Last Buyer's Agent

Kirra Sutton

Figure Eight Realty License #216149

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,878

Year Built

  • Built in 1995

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100x250
  • Ocean Front
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Property Views

  • Water Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 4,390 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Partially Finished Attic
  • Intercom

Kitchen

  • Convection Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Spa
  • Water Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 317920807329000

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

$17,878

Year Built

Built in 1995

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
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1995
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Blinds/Shades, Elevator, Intercom/Music, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 589.98
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 12
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: First
  • Sq Ft Heated: 4390.00
  • Total Heated Primary Separate Sq Ft: 4390.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Foundation: Pilings, Slab
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Central Vac, Washer, Water Softener, Refrigerator, Microwave - Built-In, Dryer, Dishwasher, Convection Oven
  • Cooling System: Central
  • Heating System: Forced Air
  • 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, Maint - Roads
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1208.00
  • Lot Acres: 0.57
  • Lot Dimensions: 100x250
  • Lot Sq Ft: 25003.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Special Assessments: Masons Inlet Maintenance Proje
  • Zoning: R-20S
  • Lot View Type: Sound View

Tax Info

  • Tax Identifier: 317920807329000

MLS Schools

  • School District: New Hanover

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

Listed on
May 16, 2014
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
Seller's Agent
Judy Parlatore
Figure Eight Realty
Buyer's Agent
Kirra Sutton
Figure Eight Realty
List Price
$2,590,000
Sold Price
$2,375,000
Premium/Discount to List
-$215,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
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:

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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
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

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $2,375,000 -8.3% $541 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $2,590,000 -- $590 / 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 $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

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30506285

Hive MLS

APN: R04609-002-012-000