NOT LISTED FOR SALE

Estimated Value: $4,814,000 - $5,654,589

4 Beds
3.5 Baths
3,368 Sq Ft
$1,554/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $2,050,000 $609 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $29,804/month

83 Days on Market

Highlights

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

About This Home

As of May 2016

Quality built custom home by Burris Construction. This 4 bedroom, 3 bath sound side retreat features generous room sizes and a nice open floor plan. Main level offers open living, dining, and kitchen overlooking the sound. Master suite and one guest bedroom also located on this level. As you proceed to the upper level you enter into an observation area, perfect for watching sunsets. On this level you have two additional guest rooms with private balconies. Located on a protected deep water bay this homes location is perfect for recreational activities such as paddle boarding, sailing, fishing, swimming, kayaking, boating and more. Additional features include 2 car garage, circular drive, large utility workshop, manicured lawn, outside shower, covered and open decks, pier and floating

Last Agent to Sell the Property

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 01/16/2016

Last Buyer's Agent

Kirra Sutton

Figure Eight Realty License #216149 Listed on: 01/16/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,947

Year Built

  • Built in 1993

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 142x139.8x65x153.4
  • Home fronts a sound
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,368 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Combination Dining and Living Room

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Bulkhead
  • Boat Slip
  • Balcony
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3179-70-9145.000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,947

Year Built

Built in 1993

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
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1993
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Ceiling Fan(s), Elevator, Pantry
  • Laundry Location: Room
  • List Price per Sq Ft: 681.41
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 3368.00
  • Total Heated Primary Separate Sq Ft: 3368.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Patio, Deck
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Circular, On Site

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 353.00
  • Lot Acres: 0.36
  • Lot Dimensions: 142x139.8x65x153.4
  • Lot Sq Ft: 15561.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm, Bulkhead
  • Special Assessments: Masons Inlet Maintenance
  • Zoning: R-20S
  • Lot View Type: Ocean View, Sound View

Tax Info

  • Tax Identifier: 3179-70-9145.000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2016
Closed on
May 27, 2016
Sold by
Summer Haven Llc
Bought by
Tarr Bernard and Tarr Margaret
Seller's Agent
Kirra Sutton
Figure Eight Realty
Buyer's Agent
Kirra Sutton
Figure Eight Realty
List Price
$2,295,000
Sold Price
$2,050,000
Premium/Discount to List
-$245,000
-10.68%
Total Days on Market
83
Current Estimated Value
$5,234,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,184,530
Avg. Annual Appreciation
9.11%
Original Mortgage
$1,000,000
Outstanding Balance
$816,753
Interest Rate
3.64%
Estimated Equity
$3,791,410

Purchase Details

Closed on
Oct 22, 2002
Sold by
Nunnelee Lewis Ii Per Res Tr
Bought by
Summer Haven Llc

Purchase Details

Closed on
Oct 11, 1994
Sold by
Nunnelee Ann R
Bought by
Nunnelee Ann R Trust

Purchase Details

Closed on
Sep 23, 1994
Sold by
Nunnelee Lewis T Ii Ann R
Bought by
Nunnelee Ii Lewis T

Purchase Details

Closed on
Jun 16, 1992
Sold by
Bellamy Heyward C Mary
Bought by
Nunnelee Lewis T Ii Ann R

Purchase Details

Closed on
Jun 1, 1972
Bought by
Bellamy Heyward C Mary
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
Tarr Bernard -- --
Summer Haven Llc -- --
Nunnelee Ann R Trust -- --
Nunnelee L T Iii Trust -- --
Nunnelee Ii Lewis T -- --
Nunnelee Lewis T Ii Ann R $155,000 --
Bellamy Heyward C Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarr Bernard $1,000,000
Closed Tarr Bernard --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $2,050,000 -10.7% $609 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
01/16/2016 01/16/16 For Sale $2,295,000 -- $681 / 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 $12,947 $2,463,700 $1,815,000 $648,700
2022 $13,064 $2,463,700 $1,815,000 $648,700
2021 $13,501 $2,463,700 $1,815,000 $648,700
2020 $11,627 $1,838,300 $1,182,700 $655,600
2019 $11,627 $1,681,400 $1,182,700 $498,700
2018 $10,635 $1,681,400 $1,182,700 $498,700
2017 $11,911 $1,839,600 $1,182,700 $656,900
2016 $11,170 $1,611,900 $992,200 $619,700
2015 $10,381 $1,611,900 $992,200 $619,700
2014 $10,203 $1,611,900 $992,200 $619,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30532451

Hive MLS

APN: R04512-002-018-000