NOT LISTED FOR SALE

Estimated Value: $5,468,000 - $6,162,936

5 Beds
4.5 Baths
4,078 Sq Ft
$1,424/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2021

Last sale price $4,124,900 $1,012 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $33,312 / mo

107 Days on Market

Highlights

  • Ocean Front
  • New Construction
  • 1.17 Acre Lot
  • Porters Neck Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of May 2021

Must see this exciting opportunity to own this incredible proposed home on one of a kind Figure 8 Island. No attention will be spared on this home...from the gourmet Thermador kitchen to the sweeping views from abundant porches. Five bedrooms and double gathering rooms (each with a fireplace) will give you and your family and guests all of the space you need to enjoy each other as well as private time. Don't miss out on this once in a lifetime opportunity!
PLEASE NOTE: Proposed plan still will need to be approved by Figure 8 Island architectural approval process. ******Agent is a percentage partner in the development company American Coastal Development, LLC.

Last Agent to Sell the Property

Jimmy Hopkins

RE/MAX Executive Listed on: 11/17/2020

RE/MAX Executive

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 59x575x90x574x31
  • Ocean Front
  • Property fronts a private road
  • Irrigation
  • Property is zoned R-20S

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 4,078 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Thermal Doors
  • Mud Room
  • Entrance Foyer
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry Room
  • Attic

Kitchen

  • Double Convection Oven
  • Gas Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Doors

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number R03815-001-023-000

Community Details

Overview

  • Figure 8 HOA, Phone Number (910) 686-0635
  • Figure Eight Island Subdivision

Recreation

  • Trails

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

1.17 Acres

HOA Fees

$400 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2021
  • Property Sub Type: Single Family Residence
  • Appliances: Gas Cooktop, Built-In Microwave, Refrigerator, Ice Maker, Double Oven, Disposal, Dishwasher, Convection Oven
  • Original List Price: 4124900.00
  • Accessibility Features: Accessible Elevator Installed
  • Unit Levels: Three Or More
  • Living Area: 4078.00
  • Is New Construction?: Yes
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 1011.50
  • Special Features: NewHome

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: Tile, Wood
  • Interior Amenities: Walk-in Closet(s), High Ceilings, Entrance Foyer, Mud Room, Solid Surface, Elevator, Ceiling Fan(s), Reverse Floor Plan, Walk-in Shower, Wet Bar, Gas Log, Walk-In Closet(s)
  • Master Bedroom Level: Primary Living Area
  • Stories: 3
  • Laundry Features: Laundry Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Thermal Doors
  • Fireplace Features: Gas Log
  • Has Fireplace?: Yes
  • Total Bedrooms: 8
  • Room Types: Dining Area
  • Window Features: Thermal Windows
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 4.10
  • Attic Features: Access Only, Eave Storage
  • Living Area Range: 4000 - 4499

Exterior Features

  • Exterior Features: Outdoor Shower, Irrigation System, Thermal Doors
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Roof: Metal
  • Road Frontage Type: Oceanfront
  • Pool Features: None
  • Road Frontage Type: Private Road, Maintained, Paved
  • Road Surface Type: Paved
  • Waterfront?: Yes
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 3.00
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 3.00
  • Attached Garage Spaces: 3.00

Utilities

  • Utilities: Water Available
  • Water Heater: Electric, Tankless
  • Heating System Fuel Source: Electric
  • Water Source: Community Water
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Has Cooling?: Yes
  • Heating: Forced Air, Electric
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank
  • Electric Provider: Duke Energy

Condo/Co-op/Association

  • Association Amenities: Gated, Security, Taxes, Trail(s), Trash
  • Association Fees: 4800.00
  • Association Name: Figure 8 HOA
  • Association Phone#: (910) 686-0635
  • Has H O A?: Yes
  • Association Management Company Phone: (910) 686-0635
  • Association Management Company: Figure 8 HOA

Schools

  • Junior High Dist: New Hanover

Lot Info

  • Deed Book: 6373
  • Deed Page: 430.00
  • Lot Number: 94
  • Zoning: R-20S
  • Lot Size Acres: 1.17
  • Lot Size: 59x575x90x574x31
  • Lot Size Sq Ft: 50843.00
  • Purchase Contract Date: 2021-03-04
  • Parcel#: R03815-001-023-000
  • Cobra Zone Y N: No

Green Features

  • Efficiency: Lighting

Tax Info

  • Tax Year: 2020
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
May 6, 2021
Sold by
American Coastal Development Llc
Bought by
Coastal Distancing Llc
Seller's Agent
Jimmy Hopkins
RE/MAX Executive
Buyer's Agent
Sally Seller
Non Member Office
List Price
$4,124,900
Sold Price
$4,124,900
Current Estimated Value
$5,807,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,682,412
Avg. Annual Appreciation
7.20%
Original Mortgage
$3,387,280
Outstanding Balance
$3,063,187
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,744,125

Purchase Details

Closed on
Feb 1, 2021
Sold by
Dunn Christopher Ryan and Dunn Stephanie Castagniet
Bought by
American Coastal Development Llc

Purchase Details

Listed on
Jan 19, 2018
Closed on
Oct 13, 2020
Sold by
Poineau Andre Michael and Poineau Patricia C
Bought by
Dunn Christopher Ryan and Dunn Stephanie Castagnier
Seller's Agent
Michelle Clark
Intracoastal Realty Corp
Buyer's Agent
Jimmy Hopkins
American Coastal Realty
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.69%
Original Mortgage
$900,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Poineau Andrew M
Bought by
Poineau Andrea Michael

Purchase Details

Closed on
Sep 14, 2001
Sold by
Dale Robert
Bought by
Poineau Andrew M

Purchase Details

Closed on
Oct 19, 1995
Sold by
Beachfront Properties
Bought by
Dale Robert

Purchase Details

Closed on
Oct 1, 1985
Sold by
Lyon Realty Co The
Bought by
Beachfront Properties

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coastal Distancing Llc $2,125,000 None Available
American Coastal Development Llc -- None Available
Dunn Christopher Ryan $1,200,000 None Available
Poineau Andrea Michael -- --
Poineau Andrew M $363,000 --
Dale Robert $345,000 --
Beachfront Properties $800,000 --
Lyon Realty Co The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coastal Distancing Llc $3,387,280
Previous Owner Dunn Christopher Ryan $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2021 05/07/21 Sold $4,124,900 0.0% $1,012 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $4,124,900 +243.7% $1,012 / Sq Ft
10/30/2020 10/30/20 Sold $1,200,000 0.0% -- View Prior Sale
09/08/2020 09/08/20 Pending -- -- --
01/19/2018 01/19/18 For Sale $1,200,000 -- --
Source: Hive MLS

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
2025 $19,627 $5,166,000 $2,260,800 $2,905,200
2024 $11,987 $2,280,000 $1,245,800 $1,034,200
2023 $11,981 $2,280,000 $1,245,800 $1,034,200
2022 $6,572 $1,245,800 $1,245,800 $0
2021 $6,821 $1,245,800 $1,245,800 $0
2020 $245 $38,700 $38,700 $0
2019 $245 $38,700 $38,700 $0
2018 $245 $38,700 $38,700 $0
2017 $251 $38,700 $38,700 $0
2016 $308 $44,500 $44,500 $0
2015 $287 $44,500 $44,500 $0
2014 $282 $44,500 $44,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100245828

Hive MLS

APN: R03815-001-023-000

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