NOT LISTED FOR SALE

Estimated Value: $4,126,000 - $6,649,394

5 Beds
8 Baths
4,755 Sq Ft
$1,071/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $2,455,000 $516 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $29,158/month

262 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Second Kitchen
  • Porters Neck Elementary School Rated A-
  • Water Access
  • In Ground Pool

About This Home

As of March 2019

A Hidden Gem! This private Figure Eight Island home built in 2001 is truly a family home. The attention to detail and high quality craftsmanship will appeal to the most discriminating buyer. Enjoy the ocean and sound views from over 4000 SF of decks without concern of being waterfront. The large -1/2 acre lot includes an in-ground heated pool, hot tub, professional mature landscaping and reclaimed brick walkways and patios. Ground floor, not included in square footage, has a huge recreation room with kitchen, pool table, exercise room and 4 car garage with easy elevator access. Guests and family members on the 2nd level can enjoy their own living area complete with a kitchen, laundry room, office, 4 bedrooms and 4.5 baths.

Last Agent to Sell the Property

Buzzy Northen

Intracoastal Realty Corp License #274691 Listed on: 04/20/2018

Intracoastal Realty Corp

Last Buyer's Agent

Buzzy Northen

Intracoastal Realty Corp License #274691 Listed on: 04/20/2018

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,808

Year Built

  • Built in 2001

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 103x170x39x94x201
  • Property fronts a marsh
  • Property fronts a private road
  • Corner Lot
  • Property is zoned R20S

HOA Fees

  • $424 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Home Design

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

Interior Spaces

  • 4,755 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Ramps

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water Access
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R03811-003-024-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,808

Year Built

Built in 2001

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Steel Frame, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: 2nd Kitchen, Smoke Detectors, Walk-In Closet, Walk-in Shower, Pantry, Hot Tub, Elevator, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 541.54
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8.00
  • Bedrooms: 5
  • Number Rooms: 14
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bonus Room Level: First
  • Dining Room Level: Third
  • Family Room Level: Second
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Office Level: Second
  • Other Level: Second
  • Additional Living Spaces with Kitchen Description: Yes
  • Sq Ft Heated: 4755.00
  • Total Heated Primary Separate Sq Ft: 4755.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 4.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Progress Energy
  • Utilities: Community Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Ramp, Trash, Trail(s), Tennis Court(s), Security, Maint - Comm Areas, Maint - Roads, Gated
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 447.00
  • Lot Acres: 0.55
  • Lot Description: Corner Lot
  • Lot Dimensions: 103x170x39x94x201
  • Lot Sq Ft: 23988.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R20S
  • Lot View Type: ICW View, Sound View, Ocean View, Marsh View

Tax Info

  • Tax Identifier: R03811-003-024-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 13808.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
Mar 4, 2019
Sold by
Rollins Melvin W and Rollins Elizabeth R
Bought by
Riddle Joseph P and Riddle Trina T
Seller's Agent
Buzzy Northen
Intracoastal Realty Corp
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$2,575,000
Sold Price
$2,455,000
Premium/Discount to List
-$120,000
-4.66%
Current Estimated Value
$5,084,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,629,408
Avg. Annual Appreciation
10.53%
Original Mortgage
$1,841,250
Outstanding Balance
$1,647,800
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$3,014,892

Purchase Details

Closed on
Jul 21, 1999
Sold by
Uncw Student Aid Assn Inc
Bought by
Rollins Melvin W Jr Elizabeth

Purchase Details

Closed on
Dec 29, 1998
Sold by
Nixon William P Jr Sandra H
Bought by
Uncw Student Aid Assn Inc

Purchase Details

Closed on
Jan 30, 1989
Sold by
Investors N and Investors N
Bought by
Nixon William P Jr Sandra H

Purchase Details

Closed on
Aug 1, 1981
Sold by
Lyon Realty Co
Bought by
Investors N and Investors N

Purchase Details

Closed on
Dec 1, 1975
Bought by
Continental Illinois Realty
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Riddle Joseph P $2,455,000 None Available
Rollins Melvin W Jr Elizabeth $268,500 --
Uncw Student Aid Assn Inc -- --
Nixon William P Jr Sandra H $7,500 --
Investors N $60,000 --
Continental Illinois Realty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riddle Joseph P $1,841,250
Previous Owner Rollins Melvin W $1,640,000
Previous Owner Rollins Melvin W $1,820,000
Previous Owner Rollins Melvin W $800,000
Previous Owner Rollins Melvin W $1,310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $2,455,000 -4.7% $516 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
04/20/2018 04/20/18 For Sale $2,575,000 -- $542 / 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 $10,757 $2,044,700 $911,800 $1,132,900
2022 $10,854 $2,044,700 $911,800 $1,132,900
2021 $11,207 $2,044,700 $911,800 $1,132,900
2020 $13,661 $2,159,800 $601,600 $1,558,200
2019 $13,488 $2,132,500 $601,600 $1,530,900
2018 $13,488 $2,132,500 $601,600 $1,530,900
2017 $13,808 $2,132,500 $601,600 $1,530,900
2016 $12,227 $1,764,400 $358,100 $1,406,300
2015 $11,363 $1,764,400 $358,100 $1,406,300
2014 $11,169 $1,764,400 $358,100 $1,406,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100111922

Hive MLS

APN: R03811-003-024-000