NOT LISTED FOR SALE

Estimated Value: $2,474,000 - $4,178,880

5 Beds
4 Baths
4,040 Sq Ft
$842/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $1,200,000 $297 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $19,428/month

205 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Intracoastal View
  • Porters Neck Elementary School Rated A-
  • Home fronts a sound
  • Clubhouse

About This Home

As of August 2014

Fabulous Sunsets views from this sound front home. Across street from Beach path & close to yacht club, pool & tennis courts.Large open floor plan. Remodeled in 2008 which included 4 new bathrooms, kitchen & wet bar with granite counters. added sunrooms with separate HVAC. New driveway. Exterior painted in 2010. Interior painted in 2013 Hardwood floors in main living areas, tile in bathrooms, sunrooms & first floor family room. Lots of storage, Home Warranty included. Yacht Club Warrant include

Last Agent to Sell the Property

Bunnie Bachman

Bachman Realty License #95984 Listed on: 12/02/2013

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,837

Year Built

  • Built in 1984

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 111x453x99x338
  • Property fronts a marsh
  • Home fronts a sound
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,040 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Intracoastal Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Water Access
  • Deck
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 3093
  • Assessor Parcel Number 317920929465000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,837

Year Built

Built in 1984

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
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1984
  • Road Frontage Type: Marsh Front, Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Blinds/Shades, Wet Bar, Furnished, Pantry, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 340.35
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 13
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Other Level: Second
  • Sq Ft Heated: 4040.00
  • Total Heated Primary Separate Sq Ft: 4040.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch, Enclosed
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Garage And Parking Other See Remarks: Cmnt
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Water Softener, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central, See Remarks
  • 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, Sewer, Trash, Tennis Court(s), Taxes, Maint - Comm Areas, Security, Management, Maint - Roads, Community Pool, Clubhouse, Boat Slip - Not Assigned
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Acres: 0.60
  • Lot Dimensions: 111X453X99X338
  • Lot Number: 3093
  • Lot Sq Ft: 26136.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R-20S
  • Lot View Type: ICW View, Marsh View

Tax Info

  • Tax Identifier: 317920929465000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2013
Closed on
Aug 15, 2014
Sold by
Bachman Cottage Llc
Bought by
Mcbride William H and Mcbride Susan G
Seller's Agent
Bunnie Bachman
Bachman Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%
Current Estimated Value
$3,305,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,105,997
Avg. Annual Appreciation
9.75%
Original Mortgage
$690,000
Outstanding Balance
$407,198
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$2,930,259

Purchase Details

Closed on
Mar 31, 2008
Sold by
Bachman David S and Bachman Agnes J
Bought by
Bachman Cottage Llc

Purchase Details

Closed on
Feb 1, 1985
Sold by
Ratcliff Const Co Inc
Bought by
Bachman David S Agnes J

Purchase Details

Closed on
Mar 1, 1982
Sold by
Lyon Realty Co The
Bought by
Ratcliff Const Co Inc

Purchase Details

Closed on
Nov 1, 1975
Bought by
Lyon Realty Co The
Source: Public Records

Range of Values:

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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
Mcbride William H $1,150,000 None Available
Bachman Cottage Llc -- None Available
Bachman David S Agnes J $255,000 --
Ratcliff Const Co Inc $74,000 --
Lyon Realty Co The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride William H $690,000
Previous Owner Bachman Agnes J $150,000
Previous Owner Bachman David S $600,000
Previous Owner Bachman David S $2,175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $1,200,000 -12.7% $297 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $1,375,000 -- $340 / 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 $10,837 $2,060,000 $1,727,100 $332,900
2022 $10,934 $2,060,000 $1,727,100 $332,900
2021 $11,291 $2,060,000 $1,727,100 $332,900
2020 $9,205 $1,455,300 $1,016,200 $439,100
2019 $9,205 $1,455,300 $1,016,200 $439,100
2018 $9,205 $1,455,300 $1,016,200 $439,100
2017 $9,423 $1,455,300 $1,016,200 $439,100
2016 $10,359 $1,494,800 $1,209,700 $285,100
2015 $9,616 $1,493,200 $1,209,700 $283,500
2014 -- $1,493,200 $1,209,700 $283,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30499283

Hive MLS

APN: R04605-002-003-000