NOT LISTED FOR SALE

Estimated Value: $3,732,000 - $6,202,273

4 Beds
4 Baths
4,779 Sq Ft
$1,023/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $1,950,000 $408 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $28,428/month

132 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Spa
  • Porters Neck Elementary School Rated A-
  • Home fronts a sound
  • Wood Flooring

About This Home

As of March 2015

Views! Views! Views! This reverse floor plan features both marsh and ocean views and is located directly across the street from the beach walkway on private Figure Eight Island. Ligon Flynn designed residence features 4 bedroom and 4 baths with loads of outdoor spaces. The central island location is convenient to Figure Eight Yacht Club (warrant included) and the private Figure Eight bridge for easy access to and from the island. The top floor features a gourmet kitchen overlooking the vaulted great room and dining area flanked with covered decks, off both ocean and sound sides. Major architectural renovations to house in 1998 and 1999.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corp License #245851 Listed on: 09/02/2014

Intracoastal Realty Corp

Co-Listed By

Pam Kersting

Intracoastal Realty Corp License #262281

Last Buyer's Agent

Buzzy Northen

Intracoastal Realty Corp License #274691

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,103

Year Built

  • Built in 1982

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 108x438x90x454
  • Home fronts a sound
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

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

Interior Spaces

  • 4,779 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 3189-02-0621.000

Community Details

Overview

  • Master Insurance
  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts

Security

  • Security Service
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,103

Year Built

Built in 1982

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
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1982
  • Road Frontage Type: ICW Front, Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: Blinds/Shades, Wet Bar, Security System, Gas Logs, Furnished, Elevator, Ceiling Fan(s)
  • List Price per Sq Ft: 459.30
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bonus Room Level: Third
  • Dining Room Level: Third
  • Family Room Level: Third
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Office Level: Third
  • Other Level: Third
  • Sq Ft Heated: 4779.00
  • Total Heated Primary Separate Sq Ft: 4779.00

Exterior Features

  • Exterior Features: Irrigation System, Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub, None
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 4.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 4.00

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Taxes, Trash, Tennis Court(s), Security, Maint - Comm Areas, Master Insure, Management, Maint - Roads
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2842.00
  • Lot Acres: 0.30
  • Lot Dimensions: 108x438x90x454
  • Lot Sq Ft: 13068.00
  • Special Assessments: Masons Inlet Maintenance ongoi
  • Zoning: R-20S
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 3189-02-0621.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Mar 3, 2015
Sold by
Montgomery Patricia V and Montgomery Patricia V
Bought by
Wright Paul and Wright Jennifer P
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$2,195,000
Sold Price
$1,950,000
Premium/Discount to List
-$245,000
-11.16%
Current Estimated Value
$4,930,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,980,338
Avg. Annual Appreciation
7.71%
Original Mortgage
$1,000,000
Outstanding Balance
$774,080
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,460,090

Purchase Details

Closed on
Jan 25, 2008
Sold by
Montgomery Marketing Inc
Bought by
Montgomery Marvin D and Montgomery Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2007
Sold by
Montgomery Marketing Inc
Bought by
Montgomery M D and Montgomery Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1985
Sold by
Eskey Chester W Geraldine H
Bought by
Montgomery Marketing Inc

Purchase Details

Closed on
Apr 1, 1981
Sold by
Continental Ill Realty
Bought by
Eskey Chester W Geraldine H

Purchase Details

Closed on
Nov 1, 1975
Bought by
Continental Ill 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
Wright Paul $1,950,000 None Available
Montgomery Marvin D -- None Available
Montgomery M D -- None Available
Montgomery Marketing Inc $350,000 --
Eskey Chester W Geraldine H $57,000 --
Continental Ill Realty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Paul $1,000,000
Previous Owner Montgomery Marvin D $605,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2015 03/06/15 Sold $1,950,000 -11.2% $408 / Sq Ft
01/12/2015 01/12/15 Pending -- -- --
09/02/2014 09/02/14 For Sale $2,195,000 -- $459 / 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 $12,103 $2,303,400 $1,684,200 $619,200
2022 $0 $2,303,400 $1,684,200 $619,200
2021 $13,575 $2,303,400 $1,684,200 $619,200
2020 $13,575 $2,146,200 $994,000 $1,152,200
2019 $13,575 $2,146,200 $994,000 $1,152,200
2018 $0 $2,146,200 $994,000 $1,152,200
2017 $13,897 $2,146,200 $994,000 $1,152,200
2016 $12,266 $1,770,000 $1,183,300 $586,700
2015 $11,399 $1,770,000 $1,183,300 $586,700
2014 $11,204 $1,770,000 $1,183,300 $586,700
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 30511239

Hive MLS

APN: R04605-002-004-000