NOT LISTED FOR SALE

Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $6,644,000 - $9,450,952

6 Beds
6.5 Baths
7,604 Sq Ft
$1,021/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $4,375,000 $575 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $43,217/month

1 Day 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 May 2013

Incredible waterfront views from this gorgeous one-of-a-kind compound consisting of a main house w/2 detached guest houses connected by expansive decks. Main house has 6 BR/6 BA and 1 half BA. 1st guest house includes 3 BR, 1BA, living room, dining area, and kitchenette. 2nd guest quarters includes 1 BR, 1 BA, open living room w/fireplace and wet bar. Includes private pier and floating dock as well as a boat lift. This estate is built w/attention to detail & nothing has been left out. The intricate ceiling molding is breathtaking & grounds are professionally landscaped.

Last Agent to Sell the Property

Buzzy Northen

Intracoastal Realty Corp License #274691 Listed on: 03/04/2013

Intracoastal Realty Corp

Last Buyer's Agent

Buzzy Northen

Intracoastal Realty Corp License #274691 Listed on: 03/04/2013

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,423

Year Built

  • Built in 2000

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 71x152x178x147x86
  • Home fronts a sound
  • Cul-De-Sac
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 7,604 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 10317919.71.4221.000

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

$21,423

Year Built

Built in 2000

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: 2000
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Tile, Wood
  • Heated Sq Ft: 7500 - 7999
  • Interior Amenities: Blinds/Shades, Wet Bar, Elevator, Pantry, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 656.89
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 6
  • Number Rooms: 14
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bedroom 5 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 7604.00
  • Total Heated Primary Separate Sq Ft: 7604.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Stone
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Patio, Screened, Porch
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 5.00
  • Total Garage Spaces: 5.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Water Softener, Washer, Microwave - Built-In, Dryer, 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: Community Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 719.00
  • Lot Acres: 0.92
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 71x152x178x147x86
  • Lot Sq Ft: 39945.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm
  • Zoning: R-20S
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 10317919.71.4221.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
Apr 25, 2013
Sold by
Mildred Mario Ernest and Mildred Mario
Bought by
Round Boys Llc
Seller's Agent
Buzzy Northen
Intracoastal Realty Corp
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$6,995,000
Sold Price
$4,375,000
Premium/Discount to List
-$2,620,000
-37.46%
Current Estimated Value
$7,765,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,390,317
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Oct 12, 2010
Sold by
Mildred Mario Ernest and Mildred Mario
Bought by
Bradley Mario Ernest and Bradley Mario Christopher

Purchase Details

Closed on
Feb 8, 1995
Sold by
Mario Gregory G Lauren Noel
Bought by
Mario Christopher Bradley

Purchase Details

Closed on
Feb 1, 1993
Sold by
Wicker Donald Michael
Bought by
Mario Ernest Etal Life Estate

Purchase Details

Closed on
Jun 11, 1992
Sold by
Prime Realty Inc
Bought by
Wicker Donald Michael

Purchase Details

Closed on
Jul 15, 1991
Sold by
Citizens Federal Sav & Loan
Bought by
Prime Realty Inc

Purchase Details

Closed on
Jan 28, 1991
Sold by
Whitehead William L
Bought by
Citizens Federal Sav & Loan

Purchase Details

Closed on
Oct 1, 1974
Bought by
Whitehead William L
Source: Public Records

Range of Values:

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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
Round Boys Llc $4,375,000 None Available
Bradley Mario Ernest -- None Available
Mario Christopher Bradley $120,000 --
Mario Ernest Etal Life Estate $450,000 --
Wicker Donald Michael $403,000 --
Prime Realty Inc $375,000 --
Citizens Federal Sav & Loan $375,000 --
Whitehead William L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $4,375,000 -37.5% $575 / Sq Ft
03/05/2013 03/05/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $6,995,000 -- $920 / 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 $21,423 $4,086,000 $2,596,500 $1,489,500
2022 $21,621 $4,086,000 $2,596,500 $1,489,500
2021 $22,383 $4,086,000 $2,596,500 $1,489,500
2020 $18,922 $2,991,600 $1,325,800 $1,665,800
2019 $18,922 $2,991,600 $1,325,800 $1,665,800
2018 $18,922 $2,991,600 $1,325,800 $1,665,800
2017 $19,371 $2,991,600 $1,325,800 $1,665,800
2016 $26,622 $3,841,500 $1,223,500 $2,618,000
2015 $24,739 $3,841,500 $1,223,500 $2,618,000
2014 $24,317 $3,841,500 $1,223,500 $2,618,000
Source: Public Records

Agents Affiliated with this Home

  • Buzzy Northen

    Seller's Agent in 2013

    Buzzy Northen

    Intracoastal Realty Corp

    (910) 520-0990

    20 in this area

    40 Total Sales

    Buzzy Northen
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Source: Hive MLS

MLS Number: 30487808

Hive MLS

APN: R04512-002-010-001

North Carolina New Hanover County Wilmington 28411

Figure 8 Island

This home since 04 March 2013 and is currently estimated at $7,765,317, approximately $1,021 per square foot. This property was built in 2000. This home is a home located in New Hanover County with nearby schools including Porters Neck Elementary School, Holly Shelter Middle School, and Emsley A. Laney High School.

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