NOT LISTED FOR SALE

Estimated Value: $5,369,744 - $6,422,000

5 Beds
5.5 Baths
4,189 Sq Ft
$1,437/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $2,750,000 $656 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $33,226/month

396 Days on Market

Highlights

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

About This Home

As of May 2013

An abundance of windows capture the panoramic views of the ocean sunrises and sound sunsets. Quality built home designed by Ligon Flynn. First level offers master suite, great room with fireplace, dining area, kitchen with wet bar, powder room, 11 ft. ceilings and hardwood floors. Second level has 4 spacious bedrooms, 4 full baths, laundry room and den with wet bar. Expansive decks on all levels along both the ocean and sound sides are great for outside entertaining. This home is located on one of only a few prime ocean front cul-de-sac lots at the middle of island. Just a short walk or bike ride to enjoy all the amenities of the Yacht Club. Other features include elevator, double garage, several storage rooms, 2 outside showers and beautifully landscaped grounds with sprinkler

Last Agent to Sell the Property

Judy Parlatore

Figure Eight Realty License #35502 Listed on: 04/02/2012

Last Buyer's Agent

Buzzy Northen

Intracoastal Realty Corp License #274691

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $0

Year Built

  • Built in 1994

Lot Details

  • Property fronts a marsh
  • 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
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 4,189 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Home Office

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Water Access
  • Deck

Utilities

  • On Site Septic
  • Septic Tank

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$0

Year Built

Built in 1994

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 3 Story or More
  • Year Built: 1994
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • List Price per Sq Ft: 763.91
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Sq Ft Heated: 4189.00
  • Total Heated Primary Separate Sq Ft: 4189.00

Exterior Features

  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • 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

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 902.00
  • Lot Dimensions: 100x250 per plat
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Special Assessments: Masons Inlet Maintenance Proje
  • Zoning: R-20S
  • Lot View Type: Marsh View, Sound View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Lowder Thomas H and Lowder Susan C
Bought by
Bayberry Beach House Trust and Carrington
Current Estimated Value
$6,020,248

Purchase Details

Listed on
Apr 2, 2012
Closed on
May 9, 2013
Sold by
Merrell Sarah F
Bought by
Lowder Thomas H and Lowder Susan C
Seller's Agent
Judy Parlatore
Figure Eight Realty
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$3,757,000
Sold Price
$2,750,000
Premium/Discount to List
-$1,007,000
-26.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Nov 20, 2003
Sold by
Merrell William M Sarah F
Bought by
Merrell Sarah F Rev Trust

Purchase Details

Closed on
Aug 2, 2000
Sold by
Mills Everette E Iii Madeline
Bought by
Merrell William M Sarah F

Purchase Details

Closed on
May 17, 1993
Sold by
Long Gerald H Marieanne M
Bought by
Mills Everette E Iii Madeline

Purchase Details

Closed on
Aug 16, 1989
Sold by
Beachfront Properties
Bought by
Long Gerald M Marieanne M

Purchase Details

Closed on
Jan 1, 1986
Sold by
C S & L Services Inc
Bought by
Beachfront Properties

Purchase Details

Closed on
Mar 1, 1983
Sold by
Lyon Realty Co The
Bought by
C S & L Services Inc

Purchase Details

Closed on
Dec 1, 1975
Bought by
Lyon Realty Co The
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
Bayberry Beach House Trust -- None Listed On Document
Lowder Thomas H $2,750,000 None Available
Merrell Sarah F Rev Trust -- --
Merrell William M Sarah F $1,900,000 --
Mills Everette E Iii Madeline $310,000 --
Long Gerald M Marieanne M $275,000 --
Beachfront Properties $670,000 --
C S & L Services Inc $270,000 --
Lyon Realty Co The -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $2,750,000 -26.8% $656 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
04/02/2012 04/02/12 For Sale $3,757,000 -- $897 / 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 $0 $3,448,900 $2,605,700 $843,200
2022 $0 $3,448,900 $2,605,700 $843,200
2021 $15,690 $3,428,900 $2,605,700 $823,200
2020 $15,690 $2,480,600 $1,608,800 $871,800
2019 $15,690 $2,480,600 $1,608,800 $871,800
2018 $0 $2,480,600 $1,608,800 $871,800
2017 $16,062 $2,480,600 $1,608,800 $871,800
2016 $15,285 $2,205,600 $1,191,700 $1,013,900
2015 $14,204 $2,205,600 $1,191,700 $1,013,900
2014 $13,961 $2,205,600 $1,191,700 $1,013,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30475047

Hive MLS

APN: R04609-002-031-000