NOT LISTED FOR SALE

286 Beach Rd N Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $4,788,739 - $6,726,000

4 Beds
3.5 Baths
3,370 Sq Ft
$1,747/Sq Ft Est. Value

Last Sold August 30, 2017

Last sale price $3,900,000 $1,157 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $38,327/month

9 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Gated Community
  • Porters Neck Elementary School Rated A-
  • Ocean Side of Freeway
  • 0.78 Acre Lot

About This Home

As of August 2017

Caribbean Island style home on large 0.78 acre oceanfront lot secluded on the north end of Figure 8 Island. Cedar shake exterior with metal standing seam roof for low maintenance. Enter this unique home with African teak ceilings, poplar walls, and many custom features. Great room has 12+ foot barrel ceiling across the room and many built-ins. Custom kitchen has old world feel with beautiful teak cabinets and travertine countertops. Wolf gas range oven, Subzero refrigerator, wine fridge, Miele dishwasher and Shaw original sink all included with the kitchen. Vestibules going into master suite and office have teak cross barrel ceilings. 400+ sqft area of the guest suite below the main house is included in total square footage. Breezeway connects to 2 car garage.

Last Agent to Sell the Property

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 07/25/2017

Intracoastal Realty Corp

Last Buyer's Agent

Buzzy Northen

Intracoastal Realty Corp License #274691

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,161

Year Built

  • Built in 1985

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 110x359x100x314
  • Ocean Front
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,370 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring
  • Ocean Views
  • Hurricane or Storm Shutters
  • Laundry closet

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Additional Features

  • Accessible Ramps
  • Energy-Efficient Doors

Listing and Financial Details

  • Assessor Parcel Number R03818-001-009-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Tennis Courts

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,161

Year Built

Built in 1985

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Closet
  • List Price per Sq Ft: 1335.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Great Room Level: Main
  • Kitchen Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Main
  • Sq Ft Heated: 3370.00
  • Total Heated Primary Separate Sq Ft: 3370.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows, Thermal Doors, Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Private
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Refrigerator, Stove/Oven - Gas, Dishwasher
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Community Water, Septic On Site

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Sidewalk, Trash, Tennis Court(s), Taxes, Ramp, Security, Management, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 765.00
  • Lot Acres: 0.78
  • Lot Dimensions: 110x359x100x314
  • Lot Sq Ft: 33934.00
  • Lot Water Features: Deeded Beach Access, Ocean Side, Deeded Waterfront
  • Plat Book: 13
  • Plat Page: 49
  • Special Assessments: Mason Inlet's Maintenance
  • Zoning: R-20S
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R03818-001-009-000
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 11160.77

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 29, 2017
Sold by
Buckley Jonathan
Bought by
Mccoy Faison Jay and Mccoy Faison Olga
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$4,500,000
Sold Price
$3,900,000
Premium/Discount to List
-$600,000
-13.33%
Current Estimated Value
$5,887,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,987,246
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Mar 31, 2013
Sold by
Mcgarry John P and Mcgarry Gilda
Bought by
Buckley Jonathan

Purchase Details

Closed on
May 16, 2008
Sold by
Hughes Thomas P and Hughes Brenda P
Bought by
Buckley Jonathan and Mcgarry John P

Purchase Details

Closed on
Sep 1, 1995
Sold by
Stranahan Robert P Jr Louise P
Bought by
Hughes Thomas P

Purchase Details

Closed on
Oct 1, 1972
Bought by
Stranahan Robert P
Source: Public Records

Range of Values:

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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
Mccoy Faison Jay $3,900,000 None Available
Buckley Jonathan $350,000 None Available
Buckley Jonathan $3,000,000 None Available
Hughes Thomas P $985,000 --
Stranahan Robert P $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckley Jonathan Paul $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $3,900,000 -13.3% $1,157 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $4,500,000 -- $1,335 / 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 -- $3,257,600 $2,673,100 $584,500
2022 $0 $3,257,600 $2,673,100 $584,500
2021 $13,520 $3,257,600 $2,673,100 $584,500
2020 $13,520 $2,137,600 $1,667,800 $469,800
2019 $13,520 $2,137,600 $1,667,800 $469,800
2018 $0 $2,137,600 $1,667,800 $469,800
2017 $13,841 $2,137,600 $1,667,800 $469,800
2016 $11,161 $1,610,500 $1,235,400 $375,100
2015 $10,372 $1,610,500 $1,235,400 $375,100
2014 $10,194 $1,610,500 $1,235,400 $375,100
Source: Public Records

Agents Affiliated with this Home

  • Lee Crouch

    Seller's Agent in 2017

    Lee Crouch

    Intracoastal Realty Corp

    (910) 256-4503

    127 Total Sales

    Lee Crouch
    Section Image
  • Buzzy Northen

    Buyer's Agent in 2017

    Buzzy Northen

    Intracoastal Realty Corp

    (910) 520-0990

    23 in this area

    47 Total Sales

    Buzzy Northen
    Section Image
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Map

Source: Hive MLS

MLS Number: 100074374

Hive MLS

APN: R03818-001-009-000

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

286 Beach Rd N, Wilmington, NC

This home is located at 286 Beach Rd N, Wilmington, NC 28411 since 25 July 2017 and is currently estimated at $5,887,246, approximately $1,746 per square foot. This property was built in 1985. 286 Beach Rd N 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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