NOT LISTED FOR SALE

Estimated Value: $4,798,000 - $7,022,938

0.38 Acre
$16,329,771 Price per Acre
16,750 Sq Ft Lot

Sale Details

Date Sold: September 23, 2022

Last sale price $3,000,000

Est. 94% increase in value since last sale

Current estimated payment $37,956 / mo

24 Days on Market

Highlights

  • 87 Feet of Waterfront
  • Porters Neck Elementary School Rated A-
  • Property fronts a marsh

About This Lot

As of September 2022

Fabulous Marsh front lot on Figure 8 Island. Views of the marsh and Inland Waterway. Lot is across the street from the ocean and is close to the middle of the Island.

Last Agent to Sell the Property

Buzzy Northen

Intracoastal Realty Corporation License #274691 Listed on: 06/14/2022

Intracoastal Realty Corporation

Last Buyer's Agent

Buzzy Northen

Intracoastal Realty Corporation License #274691 Listed on: 06/14/2022

Intracoastal Realty Corporation

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 16,750 Sq Ft Lot
  • Property fronts a marsh
  • 87 Feet of Waterfront
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned R-20S

Property Views

  • Water Views

Schools

  • Porters Neck Elementary School
  • Holly Shelter Middle School
  • Laney High School

Community Details

  • Property has a Home Owners Association
  • Figure Eight Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number R04605-002-006-000

Property Details

Property Type

Land

Lot Details

0.38 Acres

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 9210526.32
  • Lot View Type: Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Water Frontage: 87.10
  • Road Frontage Type: Marsh Front

Utilities

  • Fuel Tank: None

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • Elementary School: Porters Neck
  • High School: Laney
  • Middle School: Holly Shelter

Lot Info

  • Cobra Zone: Yes
  • Deed Book: 2998
  • Deed Page: 441.00
  • Lot Sq Ft: 16750.00
  • Zoning: R-20S
  • Acres: 0.38
  • Deed Restriction: No
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Rental Info

  • Appointment Center Phone: 888-746-9995
  • Appointment Contact: Showing Time

Tax Info

  • Tax Identifier: R04605-002-006-000
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 14, 2022
Sold by
Townsend Iii John L and Townsend Marree S
Bought by
Seller's Agent
Buzzy Northen
Intracoastal Realty Corporation
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corporation
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Views
1
Current Estimated Value
$5,823,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,823,589
Avg. Annual Appreciation
20.15%
Original Mortgage
$2,250,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2001
Sold by
Esposito Eugene H Rev Trust
Bought by
Townsend John L

Purchase Details

Closed on
Feb 17, 2000
Sold by
Esposito Eugene H Barbara Ann
Bought by
Esposito Eugene H Rev Tr Etal

Purchase Details

Closed on
Jun 19, 1992
Sold by
Woodbury Eugene B Theresa D
Bought by
Esposito Eugene H Barbara Ann

Purchase Details

Closed on
Jun 1, 1986
Sold by
W D W Investments
Bought by
Woodbury Eugene B

Purchase Details

Closed on
Jun 1, 1981
Sold by
Continental Ill Realty
Bought by
W D W Investments

Purchase Details

Closed on
Nov 1, 1975
Bought by
Continental Ill Realty
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Figure 8 Island, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,000,000 --
Townsend John L $495,000 --
Esposito Eugene H Rev Tr Etal -- --
Esposito Eugene H Barbara Ann $125,000 --
Woodbury Eugene B -- --
W D W Investments $57,000 --
Continental Ill Realty -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $4,300,000
Closed 211 Brn Llc $3,650,000
Closed 211 Brn Llc $2,250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $3,000,000 -14.3% --
07/08/2022 07/08/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $3,500,000 -- --
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $4,324,200 $3,024,100 $1,300,100
2024 -- $1,724,400 $1,724,400 $0
2023 -- $1,724,400 $1,724,400 $0
2022 $0 $1,724,400 $1,724,400 $0
2021 $0 $1,724,400 $1,724,400 $0
2020 $6,419 $1,014,800 $1,014,800 $0
2019 $6,419 $1,014,800 $1,014,800 $0
2018 $6,419 $1,014,800 $1,014,800 $0
2017 $6,571 $1,014,800 $1,014,800 $0
2016 $8,371 $1,208,000 $1,208,000 $0
2015 $7,780 $1,208,000 $1,208,000 $0
2014 $7,647 $1,208,000 $1,208,000 $0
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100333410

Hive MLS

APN: R04605-002-006-000

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