NOT LISTED FOR SALE

29 Sandy Point Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $6,540,000 - $10,518,499

4 Beds
4 Baths
1,710 Sq Ft
$4,988/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $2,800,000 $1,637 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $53,332/month

1,252 Days on Market

Highlights

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

About This Home

As of March 2015

Rare sound front opportunity! Spectacular views from this sound front building lot located on Figure Eight Island. Private pier and floating dock in place. Deep water access, yet well protected. Enjoy marvelous sunsets and panoramic views. Truly a one of a kind sound front property. Enjoy the small well maintained beach cottage currently located on property while you are drafting the plans for your private sound front estate. The home offers 4 bedrooms, 4 baths, open living, dining, kitchen and two bonus areas on the lower level. Lower level bonus areas are not included in the total heated sq Ft (600 additional sq Ft). Lot size per original plat. Figure Eight Island Yacht Club Warrant included.

Last Agent to Sell the Property

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 09/09/2011

Last Buyer's Agent

Jo El Skipper

Figure Eight Realty License #215284

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.91 Acre Lot
  • Property fronts a marsh
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Bonus Room
  • Intracoastal Views

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Water Access
  • Boat Slip
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 317919.71.0206.000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Community Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0.91 Acres

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 1754.09
  • New Construction: No
  • Waterview: Yes
  • Year Built: 1979
  • Lot View Type: ICW View, Marsh View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: 1
  • Flooring: Vinyl, Wood
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom1 Level: Second
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Bonus Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1710.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 1710.00

Exterior Features

  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Road Frontage Type: Sound Front

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Heated Sq Ft: 0 - 200, 1600 - 1799
  • 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
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Dock, Tennis Court(s), Trash, Maint - Comm Areas
  • H O A Association Fee1 Year: 5085.00
  • H O A H O A1 Mgmt Company: Figure 8 Beach HOA

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 130.00
  • Lot Acres: 0.91
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 39509.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm
  • Zoning: R-20S

Tax Info

  • Tax Identifier: 317919.71.0206.000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2011
Closed on
Feb 27, 2015
Sold by
Roseman Patricia M
Bought by
Taube Brook B and Taube Ferebee B
Seller's Agent
Kirra Sutton
Figure Eight Realty
Buyer's Agent
Jo El Skipper
Figure Eight Realty
List Price
$3,495,900
Sold Price
$2,800,000
Premium/Discount to List
-$695,900
-19.91%
Current Estimated Value
$8,529,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,729,250
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
May 7, 2007
Sold by
Debeck Thomas W and Debeck Karla Lynn
Bought by
Roseman Irvin A and Roseman Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2002
Sold by
Debeck Thomas W
Bought by
Easthom Laurinda Debeck

Purchase Details

Closed on
Jan 7, 2002
Sold by
Debeck Thomas W
Bought by
Easthom Lurinda Debeck

Purchase Details

Closed on
Dec 21, 2001
Sold by
Debeck Thomas W
Bought by
Easthom Lurinda Debeck

Purchase Details

Closed on
Jan 5, 1999
Sold by
Debeck Thomas W
Bought by
Debeck Thomas W

Purchase Details

Closed on
Dec 22, 1998
Sold by
Debeck Thomas W
Bought by
Debeck Thomas W

Purchase Details

Closed on
Jan 7, 1994
Sold by
Debeck Thomas W
Bought by
Debeck Thomas W

Purchase Details

Closed on
Dec 29, 1993
Sold by
Debeck Thomas W
Bought by
Debeck Thomas W

Purchase Details

Closed on
Jan 10, 1989
Sold by
Debeck Thomas W Laurinda K
Bought by
Debeck Thomas W

Purchase Details

Closed on
Jun 1, 1978
Bought by
Debeck Thomas W Laurinda K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taube Brook B $2,800,000 None Available
Roseman Irvin A $3,370,500 None Available
Easthom Laurinda Debeck -- --
Easthom Lurinda Debeck -- --
Easthom Lurinda Debeck -- --
Debeck Thomas W -- --
Debeck Thomas W -- --
Debeck Thomas W -- --
Debeck Thomas W -- --
Debeck Thomas W -- --
Debeck Thomas W Laurinda K $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roseman Irvin A $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $2,800,000 -19.9% $1,637 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
09/09/2011 09/09/11 For Sale $3,495,900 -- $2,044 / Sq Ft
Source: Hive MLS

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
2025 -- $13,906,900 $5,070,100 $8,836,800
2023 -- $4,704,000 $2,162,600 $2,541,400
2022 $0 $4,704,000 $2,162,600 $2,541,400
2021 $28,754 $4,704,000 $2,162,600 $2,541,400
2020 $28,754 $4,546,100 $1,811,500 $2,734,600
2019 $28,754 $4,546,100 $1,811,500 $2,734,600
2018 $0 $4,546,100 $1,811,500 $2,734,600
2017 $21,697 $3,350,900 $1,811,500 $1,539,400
2016 $10,389 $1,499,200 $1,354,800 $144,400
2015 $11,635 $1,806,600 $1,354,800 $451,800
2014 $11,436 $1,806,600 $1,354,800 $451,800
Source: Public Records

Agents Affiliated with this Home

  • Kirra Sutton

    Seller's Agent in 2015

    Kirra Sutton

    Figure Eight Realty

    (910) 686-4400

    15 in this area

    19 Total Sales

    Kirra Sutton
    Section Image
  • Jo El Skipper

    Buyer's Agent in 2015

    Jo El Skipper

    Figure Eight Realty

    (910) 616-0455

    15 in this area

    36 Total Sales

    Jo El Skipper
    Section Image
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Map

Source: Hive MLS

MLS Number: 30467947

Hive MLS

APN: R04512-001-009-000

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

29 Sandy Point, Wilmington, NC

Not Listed for Sale

Detached

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