NOT LISTED FOR SALE

Estimated Value: $3,899,000 - $6,353,000

0.37 Acre
$13,041,351 Price per Acre
16,117 Sq Ft Lot

Last Sold August 01, 2013

Last sale price $900,000

Est. 436% increase in value since last sale

Current estimated payment $27,622/month

316 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Boat Dock
  • Clubhouse
  • Porters Neck Elementary School Rated A-
  • Boat Slip
  • Community Pool

About This Lot

As of August 2013

This lot is located within walking distance of the Figure Eight Island Yacht Club and pool and is a short drive from the bridge. The Atlantic Ocean and dedicated ocean access is located directly across the street. ICWW boat access to this property is one of the most accessable on Figure Eight Island. The lot has a walk installed from the road to the dock. Please feel free to walk around and peruse the waterfront.

Last Agent to Sell the Property

Karen Allison

Laney Real Estate Co. Listed on: 09/04/2012

Last Buyer's Agent

Jo El Skipper

Figure Eight Realty License #215284

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,776

Lot Details

  • 0.37 Acre Lot
  • 75 Feet of Waterfront
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $400 Monthly HOA Fees

Schools

  • Blair Elementary School
  • Noble Middle School
  • Laney High School

Utilities

  • On Site Septic
  • Septic Tank

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 27

Community Details

Overview

  • Master Insurance
  • Figure Eight Island HOA, Phone Number (910) 686-0076
  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

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

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$11,776

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 75.00

Utilities

  • 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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Dock, Maint - Comm Areas, Maint - Roads, Master Insure, Mgmt Fee, Pool, Ramp, Security, See Remarks, Tax Comm Areas, Tennis, Trash Removal
  • Annual HOA: 4800.00
  • HOA Company: Figure Eight Island
  • HOA Phone: (910) 686-0076

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4958
  • Deed Page: 1233.00
  • Lot Dimensions: Irregular
  • Lot Number: 27
  • Lot Sq Ft: 16291.00
  • Lot Water Features: Boat Slip, Second Row, Waterfront Comm
  • Zoning: R-20S
  • Acres: 0.37
  • Environmental Hazard: Unknown
  • List Price per Acre: 2702702.70
  • Lot Number2: 27

MLS Schools

  • Elementary School: Blair
  • High School: Laney
  • Middle School: Noble
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2020
Sold by
Hales S Barry S and Hales Leslie Woodruff
Bought by
Hales S Barry S and Hales Leslie Woodruff
Current Estimated Value
$4,825,300

Purchase Details

Listed on
Sep 4, 2012
Closed on
Aug 1, 2013
Sold by
Hunoby Enterprises Llc
Bought by
Stone Thomas D and The Thomas D Stone Revocable Trust
Seller's Agent
Karen Allison
Laney Real Estate Co.
Buyer's Agent
Jo El Skipper
Figure Eight Realty
List Price
$1,350,000
Sold Price
$900,000
Premium/Discount to List
-$450,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Galleher Earl P and Galleher Lauren B
Bought by
Hunoby Enterprises Llc

Purchase Details

Closed on
Jan 7, 2000
Sold by
Parsons David L Carolyn H
Bought by
Gallagher Earl P

Purchase Details

Closed on
May 20, 1994
Sold by
Butler James P Marie T
Bought by
Parsons David L Carolyn H

Purchase Details

Closed on
Mar 1, 1988
Sold by
Butler James P Marie
Bought by
Butler James P Marie T

Purchase Details

Closed on
May 1, 1973
Bought by
Butler James P Marie
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
Hales S Barry S -- None Available
Stone Thomas D $900,000 None Available
Hunoby Enterprises Llc -- None Available
Gallagher Earl P $435,000 --
Parsons David L Carolyn H $440,000 --
Butler James P Marie T -- --
Butler James P Marie -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2013 08/01/13 Sold $900,000 -33.3% --
07/17/2013 07/17/13 Pending -- -- --
09/04/2012 09/04/12 For Sale $1,350,000 -- --
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 $11,776 $2,239,600 $1,885,000 $354,600
2022 $11,882 $2,239,600 $1,885,000 $354,600
2021 $12,274 $2,239,600 $1,885,000 $354,600
2020 $9,920 $1,568,400 $1,328,400 $240,000
2019 $8,503 $1,344,300 $1,328,400 $15,900
2018 $8,503 $1,344,300 $1,328,400 $15,900
2017 $8,704 $1,344,300 $1,328,400 $15,900
2016 $7,225 $1,042,500 $1,013,200 $29,300
2015 $6,714 $1,042,500 $1,013,200 $29,300
2014 $6,599 $1,042,500 $1,013,200 $29,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30481076

Hive MLS

APN: R04609-001-001-000