NOT LISTED FOR SALE

68 Beach Rd S Harnett, NC 28411

Figure 8 Island Neighborhood

Estimated Value: $5,424,000 - $8,167,806

0.63 Acre
$10,821,062 Price per Acre
27,443 Sq Ft Lot

Last Sold October 24, 2018

Last sale price $2,550,000

Est. 174% increase in value since last sale

Current estimated payment $38,646/month

49 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Ocean View
  • Gated Community
  • Porters Neck Elementary School Rated A-
  • Ocean Side of Freeway
  • Accessible Ramps

About This Lot

As of October 2018

Incredible Ocean Front lot in prime location on Figure Eight Island.

Last Agent to Sell the Property

Buzzy Northen

Intracoastal Realty Corp License #274691 Listed on: 08/15/2018

Intracoastal Realty Corp

Last Buyer's Agent

Pam Kersting

Intracoastal Realty Corp License #262281

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,853

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 100x249x100x250
  • 100 Feet of Waterfront
  • Ocean Front
  • Property fronts a private road
  • Dunes
  • Cleared Lot
  • Property is zoned R-20S

HOA Fees

  • $432 Monthly HOA Fees

Schools

  • Blair Elementary School
  • Holly Shelter Middle School
  • Laney High School

Additional Features

  • Ocean Views
  • Accessible Ramps

Listing and Financial Details

  • Assessor Parcel Number R04516-003-014-000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Security

  • Gated Community

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$7,853

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 100
  • Water Frontage: 100.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Community Water, Community Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated Community, Maint - Comm Areas, Maint - Ext Bldg, Maint - Roads, Ramp, Sidewalk
  • HOAAssociationFee1Year: 5185.00

Lot Info

  • Deed Page: 343.00
  • Lot Description: Dunes, Partially Cleared
  • Lot Dimensions: 100x249x100x250
  • Lot Sq Ft: 27438.00
  • Lot Water Features: Ocean Side
  • Zoning: R-20S
  • Acres: 0.63
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 4365079.37
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Undeveloped
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R04516-003-014-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 7853.00

MLS Schools

  • Elementary School: Blair
  • High School: Laney
  • Middle School: Holly Shelter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Shenigo Michael P and Join Ann
Bought by
Michael P Shenigo Revocable Trust and Ann H Shenigo Revocable Trust
Current Estimated Value
$6,979,541

Purchase Details

Listed on
Aug 15, 2018
Closed on
Oct 23, 2018
Sold by
Gorrell Robert P and Robert P Gorrell Jr Gst Exempt
Bought by
The Michael P Shenigo And Ann H Shenigo
Seller's Agent
Buzzy Northen
Intracoastal Realty Corp
Buyer's Agent
Pam Kersting
Intracoastal Realty Corp
List Price
$2,750,000
Sold Price
$2,550,000
Premium/Discount to List
-$200,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.91%

Purchase Details

Closed on
Aug 15, 2011
Sold by
Gorrell Sarah Swain
Bought by
Gorrell Sarah Swain and The Robert P Gorrell Jr Gst Exempt Trust

Purchase Details

Closed on
Oct 1, 2009
Sold by
Gorrell Sarah Swain and The 1997 Sarah Swain Gorrell L
Bought by
Gorrell Sarah Swain and The Robert P Gorrell Jr Gst Exempt Trust

Purchase Details

Closed on
Jun 1, 1985
Sold by
Williams Lonnie B Janice
Bought by
Gorrell Robert P Sarah S

Purchase Details

Closed on
Mar 1, 1979
Bought by
Williams Lonnie B Janice
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Michael P Shenigo Revocable Trust -- None Listed On Document
The Michael P Shenigo And Ann H Shenigo $2,550,000 None Available
Gorrell Sarah Swain -- None Available
Gorrell Sarah Swain $600,000 None Available
Gorrell Sarah Swain -- None Available
Gorrell Robert P Sarah S $450,000 --
Williams Lonnie B Janice $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michael P And Ann H Shenigo Joint Rev Tr $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $2,550,000 -7.3% --
10/03/2018 10/03/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $2,750,000 -- --
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 $3,726,400 $2,613,500 $1,112,900
2022 $0 $3,726,400 $2,613,500 $1,112,900
2021 $0 $2,917,000 $2,613,500 $303,500
2020 $7,671 $1,212,800 $1,212,800 $0
2019 $7,671 $1,212,800 $1,212,800 $0
2018 $7,671 $1,212,800 $1,212,800 $0
2017 $7,853 $1,212,800 $1,212,800 $0
2016 $7,782 $1,122,900 $1,122,900 $0
2015 $7,231 $1,122,900 $1,122,900 $0
2014 $7,108 $1,122,900 $1,122,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100130404

Hive MLS

APN: R04516-003-014-000