NOT LISTED FOR SALE

185 Beach Rd S Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $5,851,000 - $12,696,833

4 Beds
3.5 Baths
3,400 Sq Ft
$2,678/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $4,350,000 $1,279 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $56,948/month

70 Days on Market

Highlights

  • Ocean View
  • Community Boat Dock
  • Home fronts a sound
  • Porters Neck Elementary School Rated A-
  • Water Access
  • Gated Community

About This Home

As of September 2022

Sought out sound front lot location on protected bay with over 250 ft of water frontage per original plat. Panoramic views of the southend of Figure Eight Island. Enjoy sunrise and sunset views. Easy access to the beach and tidal marsh. Pier and floating dock in place with potential for expansion. This beach home features 4 bedrooms, 3.5 baths and two spacious living areas. Single oversized garage to store all of your beach equipment and ample parking. Enjoy the summer season now and dream up your future remodel or new home design.

Last Agent to Sell the Property

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 06/28/2022

Last Buyer's Agent

Buzzy Northen

Intracoastal Realty Corp License #274691

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,350

Year Built

  • Built in 1974

Lot Details

  • 0.73 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $474 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 185
  • Assessor Parcel Number R05211-001-015-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Community Boat Dock
  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,350

Year Built

Built in 1974

Lot Details

0.73 Acres

HOA Fees

$474 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 1430.88
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 11349.68
  • Waterview: Yes
  • Year Built: 1974
  • Lot View Type: Ocean View, Water View, Sound View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: None
  • Interior Amenities: Foyer, Reverse Floor Plan
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 3400.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 3400.00

Exterior Features

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

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 3000 - 3499
  • Heating System: Forced Air, Heat Pump
  • Utilities: Community Water, Septic On Site
  • Heating System Fuel Source: None

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Gated, Sidewalk, Tennis Court(s), Ramp, Security, Maint - Comm Areas
  • H O A Association Fee1 Year: 5690.00
  • H O A H O A1 Mgmt Company: Figure Eight Beach

Fee Information

  • Home Warranty Company: 2-10
  • Home Warranty Amount: 675.00
  • Home Warranty Termite: Home Warranty/Seller

Lot Info

  • Cobra Zone: No
  • Deed Page: 910.00
  • Lot Acres: 0.73
  • Lot Dimensions: per original plat
  • Lot Number: 185
  • Lot Sq Ft: 31333.00
  • Lot Water Features: Boat Dock, Sound Side, Waterfront Comm, Water Access Comm
  • Zoning: R-20S

Tax Info

  • Tax Identifier: R05211-001-015-000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 16, 2022
Sold by
Holt Marjorie G
Bought by
Reid Robert Dennis
Seller's Agent
Kirra Sutton
Figure Eight Realty
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$4,865,000
Sold Price
$4,350,000
Premium/Discount to List
-$515,000
-10.59%
Views
45
Current Estimated Value
$9,104,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,754,278
Avg. Annual Appreciation
23.49%

Purchase Details

Closed on
Dec 1, 1986
Sold by
Miller Stuart N
Bought by
Holt Charles C B Marjorie

Purchase Details

Closed on
May 1, 1973
Bought by
Miller Stuart N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reid Robert Dennis $4,350,000 --
Holt Charles C B Marjorie $279,000 --
Miller Stuart N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $4,350,000 -10.6% $1,279 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $4,865,000 -- $1,431 / 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 -- $8,630,500 $3,888,000 $4,742,500
2023 -- $2,073,000 $1,787,600 $285,400
2022 $11,003 $2,073,000 $1,787,600 $285,400
2021 $5,681 $2,073,000 $1,787,600 $285,400
2020 $9,281 $1,467,300 $1,277,900 $189,400
2019 $9,281 $1,467,300 $1,277,900 $189,400
2018 $9,281 $1,467,300 $1,277,900 $189,400
2017 $9,501 $1,467,300 $1,277,900 $189,400
2016 $8,878 $1,281,100 $974,600 $306,500
2015 $8,250 $1,281,100 $974,600 $306,500
2014 $8,109 $1,281,100 $974,600 $306,500
Source: Public Records

Agents Affiliated with this Home

  • Kirra Sutton

    Seller's Agent in 2022

    Kirra Sutton

    Figure Eight Realty

    (910) 686-4400

    15 in this area

    19 Total Sales

    Kirra Sutton
    Section Image
  • Buzzy Northen

    Buyer's Agent in 2022

    Buzzy Northen

    Intracoastal Realty Corp

    (910) 520-0990

    15 in this area

    25 Total Sales

    Buzzy Northen
    Section Image
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Map

Source: Hive MLS

MLS Number: 100336288

Hive MLS

APN: R05211-001-015-000

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

185 Beach Rd S, Wilmington, NC

Not Listed for Sale

Detached

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