NOT LISTED FOR SALE

Estimated Value: $4,186,000 - $4,859,000

4 Beds
4 Baths
2,688 Sq Ft
$1,673/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $1,637,500 $609 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $29,239/month

10 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Boat Ramp
  • Porters Neck Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of June 2017

Adorable 4 bedroom ocean front beach cottage located on Figure Eight Island. Enjoy both ocean and sound views from the decks of this home. Each bedroom has access to the wrap around porch with covered and open outdoor living spaces.

Last Agent to Sell the Property

Judy Parlatore

Figure Eight Realty License #35502 Listed on: 04/14/2017

Last Buyer's Agent

Jo El Skipper

Figure Eight Realty License #215284

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.45 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Property Views

  • Water Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Boat Ramp
  • Deck

Utilities

  • Central Air
  • Heating Available
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R04613-002-004-000

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

Year Built

Built in 1976

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: Two
  • Year Built: 1976
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Blinds/Shades, Wet Bar, Ceiling Fan(s)
  • List Price per Sq Ft: 704.99
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bonus Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2688.00
  • Total Heated Primary Separate Sq Ft: 2688.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Ice Maker, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Existing Septic System
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 118.00
  • Lot Acres: 0.45
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 19480.00
  • Lot Water Features: Boat Ramp, Water Access Comm
  • Plat Book: 753
  • Plat Page: 501
  • Special Assessments: Masons Inlet
  • Zoning: R-20S
  • Lot View Type: Sound View, Water View

Tax Info

  • Tax Identifier: R04613-002-004-000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 19, 2017
Sold by
Gorrell Eva Jane and Eva Jane Gorrell Revocable Tru
Bought by
Restat Boudreau Jr Val Russell and Restat Val Russell Boudreau Jr
Seller's Agent
Judy Parlatore
Figure Eight Realty
Buyer's Agent
Jo El Skipper
Figure Eight Realty
List Price
$1,895,000
Sold Price
$1,637,500
Premium/Discount to List
-$257,500
-13.59%
Current Estimated Value
$4,497,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,860,228
Avg. Annual Appreciation
12.72%
Original Mortgage
$1,228,000
Outstanding Balance
$1,018,497
Interest Rate
3.47%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,367,720

Purchase Details

Closed on
Sep 16, 2009
Sold by
Gorrell Eva Jane
Bought by
Gorrell Eva Jane and The Eva Jane Gorrell Revocable

Purchase Details

Closed on
Aug 28, 2003
Sold by
Hall Warren R Donna R
Bought by
Gorrell Eva Jane

Purchase Details

Closed on
Sep 11, 1998
Sold by
Hauck Casualty Ii Llc
Bought by
Hall Warren R Donna R

Purchase Details

Closed on
Nov 7, 1997
Sold by
Freese Gail W Howard L
Bought by
Hauck Casualty Ii Llc

Purchase Details

Closed on
Nov 15, 1991
Sold by
Wilkins Jr Alexander B
Bought by
Wilkins A B

Purchase Details

Closed on
Apr 1, 1988
Sold by
Allen C S Jr
Bought by
Wilkins A B

Purchase Details

Closed on
Mar 1, 1972
Bought by
Allen C S
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
Restat Boudreau Jr Val Russell $1,637,500 None Available
Gorrell Eva Jane -- Chicago Title Insurance Co
Gorrell Eva Jane $1,025,000 --
Hall Warren R Donna R $675,000 --
Hauck Casualty Ii Llc -- --
Hauck Casualty Ii Llc $475,000 --
Wilkins A B -- --
Allen C S $80,000 --
Wilkins A B $115,000 --
Allen C S $115,000 --
Allen C S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boudreau Val Russell $681,000
Open Restat Boudreau Jr Val Russell $1,228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2017 06/19/17 Sold $1,637,500 -13.6% $609 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $1,895,000 -- $705 / 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 -- $2,781,000 $2,452,400 $328,600
2022 $0 $2,781,000 $2,452,400 $328,600
2021 $9,796 $2,781,000 $2,452,400 $328,600
2020 $9,796 $1,548,800 $1,356,800 $192,000
2019 $9,796 $1,548,800 $1,356,800 $192,000
2018 $7,347 $1,548,800 $1,356,800 $192,000
2017 $10,028 $1,548,800 $1,356,800 $192,000
2016 $8,812 $1,271,500 $1,005,000 $266,500
2015 $8,188 $1,271,500 $1,005,000 $266,500
2014 $8,049 $1,271,500 $1,005,000 $266,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100058055

Hive MLS

APN: R04613-002-004-000