NOT LISTED FOR SALE

Estimated Value: $5,630,000 - $9,344,940

4 Beds
5.5 Baths
4,933 Sq Ft
$1,561/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $9,500,000 $1,926 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $42,732/month

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Marble Flooring
  • Porters Neck Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of May 2022

Spectacular oceanfront retreat located on private gated Figure 8 Island. Sited in a prime mid-Island location, this magnificent residence features four bedrooms, 5 1/2 baths, and an open airy floorplan with vaulted ceilings and walls of windows that bring in the Atlantic views. Offered fully furnished, decorated and turnkey. Yacht club warrant conveys.

Last Agent to Sell the Property

Sam Crittenden

Landmark Sotheby's International Realty License #280361 Listed on: 04/09/2022

Landmark Sotheby's International Realty

Last Buyer's Agent

The Phillips Group

Landmark Sotheby's International Realty

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,448

Year Built

  • Built in 2004

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100x250
  • Ocean Front
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Shake Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 4,933 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Gas Log Fireplace
  • Shutters
  • Combination Dining and Living Room
  • Home Office
  • Ocean Views

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Water Softener
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R04609-002-007-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Tennis Courts

Security

  • Resident Manager or Management On Site
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,448

Year Built

Built in 2004

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: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2004
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: 2
  • Flooring: Carpet, Tile, Wood, Marble
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: Gas Logs, Reverse Floor Plan, Walk-in Shower, Smoke Detectors, Security System
  • Laundry Location: Room
  • List Price per Sq Ft: 2209.61
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Den Level: Second
  • Kitchen Level: Third
  • Laundry Level: Second
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Office Level: Second
  • Sq Ft Heated: 4933.00
  • Total Heated Primary Separate Sq Ft: 4933.00

Exterior Features

  • Exterior Features: Gas Grill, Outdoor Shower, Storm Windows, Shutters - Functional, Security Lighting, Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Covered, Open, Deck
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shake
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Convection Oven, Stove/Oven - Electric, Water Softener, Washer, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher, Cooktop - Gas
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Community Water, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Sidewalk, Trash, Tennis Court(s), Ramp, Management, Maint - Roads
  • HOAAssociationFee1Year: 5085.00

Lot Info

  • Deed Page: 2135.00
  • Lot Acres: 0.57
  • Lot Dimensions: 100x250
  • Lot Sq Ft: 24394.00
  • Lot Water Features: Ocean Side
  • Plat Book: 753
  • Plat Page: 0501
  • Zoning: R-20S
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R04609-002-007-000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 19, 2022
Sold by
Larson Brown Sally and Larson William M
Bought by
Benjamin Gildin 2021 Family Trust and Victoria Segar 2021 Family Trust
Seller's Agent
Sam Crittenden
Landmark Sotheby's International Realty
Buyer's Agent
The Phillips Group
Landmark Sotheby's International Realty
List Price
$1,090,000
Sold Price
$9,500,000
Premium/Discount to List
$8,410,000
771.56%
Current Estimated Value
$7,588,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,911,645
Avg. Annual Appreciation
-5.33%

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 27, 2020
Sold by
Currie Neill A and Currie Linda P
Bought by
Brown Sally Larson and Brown William M
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Judy Parlatore
Figure Eight Realty
List Price
$5,500,000
Sold Price
$5,000,000
Premium/Discount to List
-$500,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.77%

Purchase Details

Listed on
Dec 22, 2017
Closed on
Jul 20, 2018
Sold by
Williams Stephen T and Williams Julianne C
Bought by
Currie Neill A and Currie Linda P
Seller's Agent
Buzzy Northen
Intracoastal Realty Corp
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$5,250,000
Sold Price
$4,450,000
Premium/Discount to List
-$800,000
-15.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 6, 2014
Sold by
Currie Neill A and Currie Linda P
Bought by
Williams Stephen T and Williams Julianne C
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Buzzy Northen
Intracoastal Realty Corp
List Price
$3,900,000
Sold Price
$3,500,000
Premium/Discount to List
-$400,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Jun 2, 2008
Sold by
Double Dimension Llc
Bought by
Currie Neill A and Currie Linda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Morris Lewis S Jr Margaret M
Bought by
Double Dimension Llc

Purchase Details

Closed on
Dec 23, 1993
Sold by
St Andrews Covenant
Bought by
Morris Lewis S Jr Margaret M

Purchase Details

Closed on
Dec 21, 1993
Sold by
Cameron William H Deborah
Bought by
Saint Andrews Covenant

Purchase Details

Closed on
Apr 1, 1983
Sold by
Cameron Cameron B and Cameron William
Bought by
Cameron Louise W

Purchase Details

Closed on
Aug 1, 1973
Bought by
Cameron Cameron B and Cameron William
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
Benjamin Gildin 2021 Family Trust $19,000 Cape Fear Title
Brown Sally Larson $50,000 None Available
Currie Neill A $4,450,000 None Available
Williams Stephen T $3,500,000 None Available
Currie Neill A $3,665,000 None Available
Double Dimension Llc $750,000 --
Morris Lewis S Jr Margaret M $216,000 --
Saint Andrews Covenant -- --
Cameron William H Deborah -- --
Figure 8 Beach Homeowners Assn -- --
Cameron Louise W -- --
Cameron Cameron B $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Gildin 2021 Family Tr $6,045,000
Previous Owner Currie Neill A $3,000,000
Previous Owner Currie Neill A $1,935,000
Previous Owner Currie Neill A $2,000,000
Previous Owner Currie Neill A $2,000,000
Previous Owner Currie Neill A $2,000,000
Previous Owner Double Dimension Llc $750,000
Previous Owner Double Dimension Llc $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $9,500,000 +771.6% $1,926 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,090,000 -78.2% $221 / Sq Ft
05/01/2020 05/01/20 Sold $5,000,000 -9.1% $1,016 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $5,500,000 +23.6% $1,117 / Sq Ft
07/20/2018 07/20/18 Sold $4,450,000 -15.2% $904 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
12/22/2017 12/22/17 For Sale $5,250,000 +50.0% $1,067 / Sq Ft
03/06/2014 03/06/14 Sold $3,500,000 -10.3% $711 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $3,900,000 -- $792 / 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 $24,448 $4,665,000 $2,613,400 $2,051,600
2022 $25,553 $4,665,000 $2,613,400 $2,051,600
2021 $25,553 $4,665,000 $2,613,400 $2,051,600
2020 $15,755 $2,490,900 $1,743,300 $747,600
2019 $15,755 $2,490,900 $1,743,300 $747,600
2018 $15,755 $2,490,900 $1,743,300 $747,600
2017 $16,129 $2,490,900 $1,743,300 $747,600
2016 $15,082 $2,176,400 $1,122,900 $1,053,500
2015 $14,016 $2,176,400 $1,122,900 $1,053,500
2014 $13,524 $2,136,500 $1,122,900 $1,013,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100329156

Hive MLS

APN: R04609-002-007-000