NOT LISTED FOR SALE

Estimated Value: $4,180,000 - $6,035,842

5 Beds
5.5 Baths
4,100 Sq Ft
$1,289/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $2,142,500 $523 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $30,167/month

724 Days on Market

Highlights

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

About This Home

As of April 2015

Wonderful sound front home located in well protected bay area with deep water. Perfect layout for a large family with 5 bedrooms, 5 baths and large den with kitchenette. This home was renovated in 2001 and offers panoramic views of the island, including the ocean, inlet, waterway and bay. Large Master Suite and Great Room located on the upper floor. 4 additional bedrooms, 4 baths and den with kitchenette on first level. Granite Countertops, Travertine floors, Pecky Cypress, Trex decking and walkways, outside shower, tons of exterior and interior storage, elevator, circular drive with carport parking, tankless water heater, two new HVAC units and more. Figure Eight Island Yacht Club Charter included.

Last Agent to Sell the Property

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 03/29/2013

Last Buyer's Agent

Hugh MacRae

Intracoastal Realty Corp License #183429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,938

Year Built

  • Built in 1989

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 144.6x233.5x73.3x214
  • 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

Property Views

  • Ocean
  • Intracoastal

Home Design

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

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Boat Slip
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • On Site Septic
  • Septic Tank

Community Details

Overview

  • 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

$13,938

Year Built

Built in 1989

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: 1989
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Blinds/Shades, Elevator, Pantry, Furnished, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 581.71
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 10
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Dining Room Level: Third
  • Family Room Level: Third
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 4100.00
  • Total Heated Primary Separate Sq Ft: 4100.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows, Shutters - Board/Hurricane
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Carport, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Ice Maker, Dryer
  • 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: Propane Gas

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 888.00
  • Lot Acres: 0.53
  • Lot Dimensions: 144.6x233.5x73.3x214
  • Lot Sq Ft: 23087.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm
  • Special Assessments: Masons Inlet Maintenance Proje
  • Zoning: R-20S
  • Lot View Type: ICW View, Ocean View, Marsh View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Graham Adair Mckoy and Graham Adair Mckoy
Bought by
Graham Adair Mckoy and Graham Adair Mckoy
Current Estimated Value
$5,286,461

Purchase Details

Listed on
Mar 29, 2013
Closed on
Apr 17, 2015
Sold by
Sapp Adelaide S and Sapp Bennett Bynum
Bought by
Graham Louise Cameron and The Louise Cameron Graham Revo
Seller's Agent
Kirra Sutton
Figure Eight Realty
Buyer's Agent
Hugh MacRae
Intracoastal Realty Corp
List Price
$2,385,000
Sold Price
$2,142,500
Premium/Discount to List
-$242,500
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Mar 11, 1998
Sold by
Bear Sigmond A Catherine
Bought by
Sapp Adelaide S

Purchase Details

Closed on
Sep 1, 1987
Sold by
Macqueen Donald M Lynn V
Bought by
Bear Sigmond A Catherine

Purchase Details

Closed on
May 1, 1981
Sold by
Continental Ill Realty
Bought by
Macqueen Donald M Lynn

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
Graham Adair Mckoy -- None Available
Graham Louise Cameron $2,142,500 None Available
Sapp Adelaide S $690,000 --
Bear Sigmond A Catherine $115,000 --
Macqueen Donald M Lynn -- --
Continental Ill Realty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sapp Adelaide S $178,284
Previous Owner Sapp Bennett B $359,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $2,142,500 -10.2% $523 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
03/29/2013 03/29/13 For Sale $2,385,000 -- $582 / 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 $13,938 $2,653,500 $1,976,200 $677,300
2022 $14,065 $2,653,500 $1,976,200 $677,300
2021 $14,540 $2,653,500 $1,976,200 $677,300
2020 $11,681 $1,846,800 $1,109,400 $737,400
2019 $11,681 $1,846,800 $1,109,400 $737,400
2018 $11,681 $1,846,800 $1,109,400 $737,400
2017 $11,958 $1,846,800 $1,109,400 $737,400
2016 $12,360 $1,783,600 $1,034,100 $749,500
2015 $11,486 $1,783,600 $1,034,100 $749,500
2014 $11,290 $1,783,600 $1,034,100 $749,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30488986

Hive MLS

APN: R05207-002-032-000