NOT LISTED FOR SALE

3 Backfin Point Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $5,416,000 - $6,523,660

4 Beds
5 Baths
3,946 Sq Ft
$1,538/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2019

Last sale price $2,589,620 $656 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $34,340 / mo

42 Days on Market

Highlights

  • Marina
  • Ocean View
  • Boat Lift
  • Porters Neck Elementary School Rated A-
  • Community Boat Dock
  • Boat Slip

About This Home

As of July 2019

Perfectly positioned on a deep water canal and across the street from the shimmering waters of the Atlantic Ocean, this Figure 8 Island house offers the best of both worlds! In the words of the seller '' every sunrise I sit on the top porch with my morning coffee and in the evenings I sit on the top porch on the back of the house and watch the most glorious sunsets! '' The reverse floor plan features a family living area open to the granite/stainless kitchen and sun porch. The home features four bedrooms and five baths and offers plenty of parking, garage, and storage space. Enjoy the convenience of this center island location with a short walk to the Figure 8 Island Yacht Club and tennis courts. Yacht Club warrant included.

Last Agent to Sell the Property

Vance Young

Intracoastal Realty Corporation License #245851 Listed on: 04/26/2019

Intracoastal Realty Corporation

Last Buyer's Agent

Vance Young

Intracoastal Realty Corporation License #245851 Listed on: 04/26/2019

Intracoastal Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,380

Year Built

  • Built in 1997

Lot Details

  • 20,473 Sq Ft Lot
  • Lot Dimensions are 235x60x70x209x85
  • Home fronts a canal
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $432 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal
  • Canal

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,946 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Secure Parking

Outdoor Features

  • Outdoor Shower
  • Boat Lift
  • Boat Slip
  • Deck
  • Enclosed Patio or Porch

Utilities

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

Additional Features

  • Accessible Ramps
  • Energy-Efficient Doors

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 3
  • Assessor Parcel Number R04516-002-010-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Boat Dock
  • Community Boat Slip
  • RV or Boat Storage in Community
  • Marina
  • Tennis Courts
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,380

Year Built

Built in 1997

Lot Details

0.47 Acres

HOA Fees

$432 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dryer, Refrigerator, Washer
  • List Priceper Sq Ft: 671.57
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 12380.00
  • Waterview: Yes
  • Year Built: 1997
  • Lot View Type: Canal View, ICW View, Water View, Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Interior Amenities: Blinds/Shades, Foyer, Reverse Floor Plan, Pantry, Gas Logs, Elevator, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Bedroom4 Level: Fourth
  • Bedroom5 Level: Fourth
  • Dining Room Level: Third
  • Family Room Level: Third
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Second
  • Office Level: Third
  • Sq Ft Heated: 3946.00
  • Stories: 4.0
  • Stories Levels: 3 Story or More
  • Total Heated Primary Separate Sq Ft: 3946.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows, Thermal Doors, Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Enclosed
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Canal Front

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Off Street, Paved, Security

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 3500 - 3999
  • Heating System: Forced Air
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Slip - Not Assigned, Sidewalk, Trash, Tennis Court(s), Ramp, Security, RV/Boat Storage, Gated, Marina, Maint - Comm Areas, Community Pool, Clubhouse
  • H O A Association Fee1 Year: 5185.00
  • H O A H O A1 Mgmt Company: Figure 8 HOA

Fee Information

  • Home Warranty Company: 2-10
  • Home Warranty Amount: 609.90
  • Home Warranty Termite: Home Warranty/Seller

Schools

  • School District: New Hanover

Lot Info

  • Cobra Zone: No
  • Deed Page: 898.00
  • Lot Acres: 0.47
  • Lot Dimensions: 235x60x70x209x85
  • Lot Number: 3
  • Lot Sq Ft: 20473.00
  • Lot Water Features: Boat Dock, Waterfront Comm, Boat Slip, Boat Lift
  • Zoning: R-20S

Tax Info

  • Tax Identifier: R04516-002-010-000
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jun 25, 2019
Sold by
Bought by
Seller's Agent
Vance Young
Intracoastal Realty Corporation
Buyer's Agent
Vance Young
Intracoastal Realty Corporation
List Price
$2,650,000
Sold Price
$2,589,620
Premium/Discount to List
-$60,380
-2.28%
Current Estimated Value
$6,070,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,480,600
Avg. Annual Appreciation
13.04%
Original Mortgage
$1,060,000
Interest Rate
0.038%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 1999
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1993
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1973
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,590,000 None Available
$1,200,000 --
-- --
-- --
$140,000 --
$18,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,060,000
Previous Owner $453,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $2,589,620 -2.3% $656 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $2,650,000 -- $672 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,320 $5,349,200 $3,326,400 $2,022,800
2023 $13,825 $2,632,900 $1,960,000 $672,900
2022 $13,956 $2,632,900 $1,960,000 $672,900
2021 $14,427 $2,632,900 $1,960,000 $672,900
2020 $12,304 $1,945,300 $1,228,200 $717,100
2019 $12,380 $1,957,300 $1,228,200 $729,100
2018 $12,380 $1,957,300 $1,228,200 $729,100
2017 $12,674 $1,957,300 $1,228,200 $729,100
2016 $12,910 $1,862,900 $1,030,400 $832,500
2015 $12,021 $1,866,600 $1,030,400 $836,200
2014 $11,816 $1,866,600 $1,030,400 $836,200
Source: Public Records

Agents Affiliated with this Home

  • Vance Young

    Seller's Agent in 2019

    Vance Young

    Intracoastal Realty Corporation

    (910) 232-8850

    7 in this area

    821 Total Sales

    Vance Young
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Map

Source: Hive MLS

MLS Number: 100162528

Hive MLS

APN: R04516-002-010-000

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

3 Backfin Point, Wilmington, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC

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