NOT LISTED FOR SALE

530 Beach Rd N Wilmington, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $4,131,000 - $5,521,753

5 Beds
4.5 Baths
5,000 Sq Ft
$937/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $2,000,000 $400 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $26,777/month

862 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Gated Community
  • Porters Neck Elementary School Rated A-
  • Water Access
  • 2.2 Acre Lot

About This Home

As of December 2019

Expansive views from this ocean front 5 bedroom, 4 1/2 bath home. Two large living areas, open kitchen and dining area, bonus room and rec room for overflow. Master suite located on its own level with private ocean balcony and seating area or home office. The perfect home for entertaining! Fabulous rental potential. Furnished with some exclusions. Figure Eight Island Yacht Club Charter membership included.

Last Agent to Sell the Property

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 06/20/2017

Co-Listed By

Judy Parlatore

Figure Eight Realty License #35502

Last Buyer's Agent

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 06/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,618

Year Built

  • Built in 1985

Lot Details

  • 2.2 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Property is zoned R20S

HOA Fees

  • $424 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Water Softener
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R03811-002-020-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,618

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: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 5000 - 5499
  • Interior Amenities: Ceiling - Vaulted, Smoke Detectors, Wet Bar, Walk-In Closet, Pantry, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 439.00
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bonus Room Level: Third
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 5000.00
  • Total Heated Primary Separate Sq Ft: 5000.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Porch, Deck, Open
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Circular, Paved, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Washer, Water Softener, Refrigerator, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Tennis Court(s), Trash, Trail(s), Maint - Comm Areas, Security, Ramp, Owner Pets Only, Maint - Roads, Gated
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2285.00
  • Lot Acres: 2.20
  • Lot Dimensions: Irregular per original plat
  • Lot Sq Ft: 95954.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 18
  • Plat Page: 88
  • Special Assessments: Masons Inlet Maintenance
  • Zoning: R20S
  • Lot View Type: Ocean View, Water View, Sound View

Tax Info

  • Tax Identifier: R03811-002-020-000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Dec 18, 2019
Sold by
Figure Eight Fish House Llc
Bought by
Courtney William and Courtney Patricia M
Seller's Agent
Kirra Sutton
Figure Eight Realty
Buyer's Agent
Kirra Sutton
Figure Eight Realty
List Price
$2,595,000
Sold Price
$2,000,000
Premium/Discount to List
-$595,000
-22.93%
Current Estimated Value
$4,683,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,683,251
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Oct 3, 2014
Sold by
Sartin Marie Morrisette and Morrisette David W
Bought by
Figure Eight Fish House Llc

Purchase Details

Closed on
Jun 3, 1991
Sold by
Day Rion Glen Wenche
Bought by
Morrisette William F Nancy P

Purchase Details

Closed on
May 1, 1983
Sold by
Lyon Realty Company The
Bought by
Day Rion Glen Wenche

Purchase Details

Closed on
Dec 1, 1975
Bought by
Lyon Realty Company The
Source: Public Records

Range of Values:

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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
Courtney William $2,000,000 None Available
Figure Eight Fish House Llc -- None Available
Morrisette William F Nancy P $530,000 --
Day Rion Glen Wenche $154,000 --
Lyon Realty Company The -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $2,000,000 -22.9% $400 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
06/20/2017 06/20/17 For Sale $2,595,000 -- $519 / 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 $10,618 $2,018,100 $1,564,100 $454,000
2022 $10,713 $2,018,100 $1,564,100 $454,000
2021 $11,061 $2,018,100 $1,564,100 $454,000
2020 $9,305 $1,471,200 $1,022,400 $448,800
2019 $9,305 $1,471,200 $1,022,400 $448,800
2018 $9,305 $1,471,200 $1,022,400 $448,800
2017 $9,526 $1,471,200 $1,022,400 $448,800
2016 $7,713 $1,113,000 $683,800 $429,200
2015 $7,168 $1,113,000 $683,800 $429,200
2014 $7,045 $1,113,000 $683,800 $429,200
Source: Public Records

Agents Affiliated with this Home

  • Kirra Sutton

    Seller's Agent in 2019

    Kirra Sutton

    Figure Eight Realty

    (910) 686-4400

    15 in this area

    19 Total Sales

    Kirra Sutton
    Section Image
  • Judy Parlatore

    Seller Co-Listing Agent in 2019

    Judy Parlatore

    Figure Eight Realty

    (910) 686-9936

    4 in this area

    6 Total Sales

    Judy Parlatore
    Section Image
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Map

Source: Hive MLS

MLS Number: 100069342

Hive MLS

APN: R03811-002-020-000

North Carolina New Hanover County Wilmington 28411 Figure 8 Island

530 Beach Rd N, Wilmington, NC

This home is located at 530 Beach Rd N, Wilmington, NC 28411 since 20 June 2017 and is currently estimated at $4,683,251, approximately $936 per square foot. This property was built in 1985. 530 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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