Seller's Agent in 2016
Buzzy Northen
Intracoastal Realty Corp
(910) 520-0990
23 in this area
53 Total Sales
5 Backfin Point Wilmington, NC 28411
Figure 8 Island NeighborhoodEstimated Value: $5,786,000 - $6,840,876
5
Beds
7
Baths
5,338
Sq Ft
$1,184/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Water Views
- In Ground Pool
- Porters Neck Elementary School Rated A-
- Home fronts a sound
- Deck
About This Home
As of February 2016Located on the private island of Figure Eight, this custom built home, designed by Nick Garrett and built by David James in 2006 has a deep water dock with 2 lifts. There are 5 spacious bedrooms, each with its own bathroom plus 2 1/2 baths, one on each floor. There is plenty of room inside and out to entertain large gatherings of family and friends! Huge open kitchen/living area on top floor with master bedroom and separate office area. Another living area on the floor below with 4 ensuite bedrooms. In ground custom pool with hot tub, fenced back yard with plenty of ipe decking, front and back, all with breathtaking views from screened and unscreened porches. No details were spared here, top of the line appliances, Viking Professional, gas range, frigerator/freezer, full size wine
Last Agent to Sell the Property
Intracoastal Realty Corp License #274691 Listed on: 09/29/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,123
Year Built
- Built in 2006
Lot Details
- 0.38 Acre Lot
- Home fronts a sound
- Property fronts a private road
- Irrigation
- Property is zoned R-10
HOA Fees
- $424 Monthly HOA Fees
Property Views
- Water Views
- Views of a Sound
Home Design
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Stick Built Home
- Composite Building Materials
Interior Spaces
- 5,338 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Thermal Windows
- Blinds
- Great Room
- Living Room
- Formal Dining Room
- Laundry Room
Kitchen
- Built-In Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Parking
- 2 Car Attached Garage
- 1 Attached Carport Space
- Driveway
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- In Ground Pool
- Deeded Waterfront Access Rights
- Deck
- Enclosed patio or porch
Utilities
- Forced Air Heating and Cooling System
- Propane
- Fuel Tank
- On Site Septic
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 317808.79.8918
Community Details
Overview
- Figure Eight Island Subdivision
- Maintained Community
Recreation
- Tennis Courts
Security
- Security Service
- Security Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 18, 2021
Sold by
Wheless James Block and Wheless Mary Griert
Bought by
Wheless James B and Wheless James B
Current Estimated Value
Purchase Details
Listed on
Sep 29, 2015
Closed on
Feb 5, 2016
Sold by
Hobbs Fred M and Riley Hobbs Debbie
Bought by
Wheless Mary Grier and Wheless James Block
Seller's Agent
Buzzy Northen
Intracoastal Realty Corp
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$2,995,000
Sold Price
$2,300,000
Premium/Discount to List
-$695,000
-23.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Purchase Details
Closed on
Nov 10, 1998
Sold by
Davis Arthur H Rosemary D
Bought by
Hobbs Fred M Debbie Riley
Purchase Details
Closed on
May 1, 1973
Bought by
Davis Arthur H Rosemary D
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wheless James B | -- | None Available | |
| Wheless Mary Grier | $2,300,000 | None Available | |
| Hobbs Fred M Debbie Riley | $350,000 | -- | |
| Davis Arthur H Rosemary D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wheless James B | $500,000 | |
| Previous Owner | Hobbs Frederick M | $1,540,000 | |
| Previous Owner | Hobbs Frederick M | $250,000 | |
| Previous Owner | Hobbs Frederick M | $370,000 | |
| Previous Owner | Hobbs Frederick M | $370,000 | |
| Previous Owner | Hobbs Frederick M | $1,336,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2016 02/11/16 | Sold | $2,300,000 | -23.2% | $431 / Sq Ft |
| 01/15/2016 01/15/16 | Pending | -- | -- | -- |
| 09/29/2015 09/29/15 | For Sale | $2,995,000 | -- | $561 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $15,123 | $2,880,300 | $1,861,500 | $1,018,800 |
| 2022 | $15,261 | $2,880,300 | $1,861,500 | $1,018,800 |
| 2021 | $15,782 | $2,880,300 | $1,861,500 | $1,018,800 |
| 2020 | $14,063 | $2,223,400 | $1,201,300 | $1,022,100 |
| 2019 | $14,063 | $2,223,400 | $1,201,300 | $1,022,100 |
| 2018 | $14,063 | $2,223,400 | $1,201,300 | $1,022,100 |
| 2017 | $14,397 | $2,223,400 | $1,201,300 | $1,022,100 |
| 2016 | $14,714 | $2,123,200 | $1,007,800 | $1,115,400 |
| 2015 | $13,673 | $2,123,200 | $1,007,800 | $1,115,400 |
| 2014 | $13,440 | $2,123,200 | $1,007,800 | $1,115,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Hive MLS
MLS Number: 30528862
APN: R04516-002-011-000
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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. ©2025 Hive MLS LLC
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