NOT LISTED FOR SALE

Estimated Value: $2,514,601 - $2,818,000

4 Beds
4.5 Baths
2,506 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $1,550,000 $619 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $15,321/month

420 Days on Market

Highlights

  • Ocean View
  • Deck
  • 1 Fireplace
  • Porters Neck Elementary School Rated A-
  • Wood Flooring
  • Furnished

About This Home

As of August 2020

Located on the north end of North Carolina's most private beach, Figure 8 Island, this 4 bedroom, 4 1/2 bath contemporary beach design features outstanding ocean views from the second row location with easy beach boardwalk access. Enjoy beautiful sunrises from the double porches on the ocean side and glorious sunset from rear deck. This open floor plan features a cathedral ceiling with a huge skylight for great natural light. Recent updates include new kitchen with stainless appliances, quartz counters and a subway tile back splash, updated baths, all new exterior and interior paint and carpet, 2 tankless gas water heaters.Yacht Club warrant available.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 04/17/2019

Intracoastal Realty Corp

Last Buyer's Agent

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 04/17/2019

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,228

Year Built

  • Built in 1985

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 57x50x212x112x177
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $485 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Ocean Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Secure Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number R03811-001-007-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,228

Year Built

Built in 1985

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 9Ft+ Ceilings, Furnished, Walk-In Closet, Walk-in Shower, Pantry, Ceiling Fan(s)
  • List Price per Sq Ft: 636.47
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Sq Ft Heated: 2506.00
  • Total Heated Primary Separate Sq Ft: 2506.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Raised
  • Porch Balcony Deck: Balcony, Covered, Deck
  • Road Type Frontage: Maintained, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved, Security

Utilities

  • Appliances Equipment: Dryer, Refrigerator, Washer
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Tennis Court(s), Trash, Trail(s), Management
  • HOAAssociationFee1Year: 5815.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 807.00
  • Lot Acres: 0.51
  • Lot Dimensions: 57x50x212x112x177
  • Lot Number: 126
  • Lot Sq Ft: 22076.00
  • Plat Book: 18
  • Plat Page: 89
  • Zoning: R-20S
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R03811-001-007-000
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Aug 5, 2020
Sold by
Carter Patricia Kelley and Carter James
Bought by
Beachcomber Llc
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$1,750,000
Sold Price
$1,550,000
Premium/Discount to List
-$200,000
-11.43%
Current Estimated Value
$2,599,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,829
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Apr 25, 1996
Sold by
Overton Vance P Becky H
Bought by
Carter Patricia Kelley

Purchase Details

Closed on
Apr 6, 1994
Sold by
Monroe William P Jane S
Bought by
Overton Vance P Becky H

Purchase Details

Closed on
Jul 1, 1985
Sold by
Terry Turner Inc
Bought by
Monroe William P Jane S

Purchase Details

Closed on
Oct 1, 1984
Sold by
Boney Paul D
Bought by
Terry Turner Inc

Purchase Details

Closed on
Jan 1, 1981
Sold by
Continental Illinois Realty
Bought by
Boney Paul D

Purchase Details

Closed on
Dec 1, 1975
Bought by
Continental Illinois Realty
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
Beachcomber Llc $1,550,000 None Available
Carter Patricia Kelley $525,000 --
Overton Vance P Becky H $420,000 --
Monroe William P Jane S $280,000 --
Terry Turner Inc $100,000 --
Boney Paul D $55,000 --
Continental Illinois Realty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Patricia Kelley $480,000
Previous Owner Carter James W $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $1,550,000 -11.4% $619 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
04/17/2019 04/17/19 For Sale $1,750,000 -- $698 / 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 $7,228 $1,369,300 $977,700 $391,600
2022 $0 $1,369,300 $977,700 $391,600
2021 $4,941 $1,369,300 $977,700 $391,600
2020 $4,941 $781,200 $426,400 $354,800
2019 $4,941 $781,200 $426,400 $354,800
2018 $4,941 $781,200 $426,400 $354,800
2017 $5,058 $781,200 $426,400 $354,800
2016 $5,347 $771,600 $457,800 $313,800
2015 $4,969 $771,600 $457,800 $313,800
2014 $4,884 $771,600 $457,800 $313,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100160768

Hive MLS

APN: R03811-001-007-000