NOT LISTED FOR SALE

Estimated Value: $2,236,000 - $4,167,503

4 Beds
3.5 Baths
1,905 Sq Ft
$1,493/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $1,250,000 $656 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $15,978/month

358 Days on Market

Highlights

  • Ocean Front
  • Community Boat Dock
  • Wood Flooring
  • Porters Neck Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of September 2016

Beautifully renovated ocean front 4 bedroom, 3 bath beach cottage. Located on the south end of the island this home provides easy access to the beach and wonderful ocean views. River recovered hardwood floors located throughout the open living, dining, kitchen and bath. The kitchen features granite countertops, stainless steel appliances, bar and small breakfast area. Master suite with custom marble bath and private ocean deck. Other features include wet bar, large storage area and double carport. Excellent rental history.

Last Agent to Sell the Property

Jo El Skipper

Figure Eight Realty License #215284 Listed on: 07/20/2015

Last Buyer's Agent

Jo El Skipper

Figure Eight Realty License #215284 Listed on: 07/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,094

Year Built

  • Built in 1975

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,905 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R05211-001-002-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Community Boat Dock
  • Tennis Courts

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,094

Year Built

Built in 1975

Lot Details

0.46 Acres

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • List Priceper Sq Ft: 734.91
  • New Construction: No
  • Prospect Exempt: Yes
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 6093.53
  • Waterview: Yes
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom1 Level: First
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1905.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1905.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Detached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Carport

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1800 - 1999
  • 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
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Dock, Tennis Court(s), Maint - Comm Areas, Security, Maint - Roads
  • H O A Association Fee1 Year: 5100.00
  • H O A H O A1 Mgmt Company: Figure Eight HOA- Da

Schools

  • School District: New Hanover

Lot Info

  • Cobra Zone: No
  • Deed Page: 2479.00
  • Lot Acres: 0.46
  • Lot Dimensions: 90x192x118x119/plat
  • Lot Sq Ft: 20081.00
  • Zoning: R-20S

Tax Info

  • Tax Identifier: R05211-001-002-000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Walker William Kent and William Kent Walker Revocable Trust
Bought by
Culp Walker Judy
Current Estimated Value
$2,844,876

Purchase Details

Closed on
Jun 14, 2019
Sold by
Foolish Brothers Llc
Bought by
Culp Walker William Kent and Culp Walker Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 20, 2015
Closed on
Sep 28, 2016
Sold by
Spicuzza Amy L
Bought by
Foolish Brothers Llc
Seller's Agent
Jo El Skipper
Figure Eight Realty
Buyer's Agent
Jo El Skipper
Figure Eight Realty
List Price
$925,000
Sold Price
$1,250,000
Premium/Discount to List
$325,000
35.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$915,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2013
Sold by
Smithwick Rudy A and Smithwick Caroline A
Bought by
Spicuzza Amy L

Purchase Details

Closed on
Jan 31, 2008
Sold by
Spicuzza James A
Bought by
Spicuzza Amy L

Purchase Details

Closed on
Sep 12, 2003
Sold by
Simon Lee K M Jeanne
Bought by
Smithwick Rudy A Carolina Etal

Purchase Details

Closed on
Oct 5, 1972
Sold by
Figure Eight Island Company
Bought by
Simon Lee K M Jeanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Culp Walker Judy $800,000 None Listed On Document
Culp Walker Judy $800,000 None Listed On Document
Culp Walker William Kent $1,550,000 None Available
Foolish Brothers Llc $1,250,000 None Available
Spicuzza Amy L -- None Available
Spicuzza Amy L -- None Available
Smithwick Rudy A Carolina Etal $595,000 --
Simon Lee K M Jeanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Culp Walker William Kent $750,000
Previous Owner Foolish Brothers Llc $915,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $1,250,000 +35.1% $656 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $925,000 -- $486 / Sq Ft
Source: Hive MLS

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
2025 $8,996 $2,357,300 $2,049,100 $308,200
2024 $12,366 $2,352,500 $2,050,400 $302,100
2023 $12,360 $2,352,500 $2,050,400 $302,100
2022 $12,477 $2,352,500 $2,050,400 $302,100
2021 $12,892 $2,352,500 $2,050,400 $302,100
2020 $7,751 $1,225,400 $1,053,000 $172,400
2019 $7,731 $1,222,300 $1,053,000 $169,300
2018 $0 $1,222,300 $1,053,000 $169,300
2017 $7,914 $1,222,300 $1,053,000 $169,300
2016 $6,557 $946,200 $731,300 $214,900
2015 $6,094 $946,200 $731,300 $214,900
2014 $5,989 $946,200 $731,300 $214,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30525535

Hive MLS

APN: R05211-001-002-000

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