$1,250,000
SOLD APR 27, 2012
4 Beds
2 Baths
1,967 Sq Ft
0.61 Acres

Recently Sold

$635 Per Sq Ft

29% Below List Price

790 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • Main Floor Primary Bedroom
  • Porters Neck Elementary School Rated A-
  • Deck
  • 1 Fireplace

About This Home

As of March 2020

Oceanfront classic 4 bedroom beach cottage located on the South end of Figure 8 Island. Each bedroom has private deck. Living area is all on one floor. Garage boat storage. Beautiful sunrises over the Atlantic Ocean. Sold furnished with some exclusions. Good rental. Figure 8 Island is a quiet beach community just minutes from Wilmington, North Carolina where the serene beach atmosphere can be enjoyed while maintaining proximity to Wilmington's cultural activities.

Last Agent to Sell the Property

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 02/27/2010

Intracoastal Realty Corp

Last Buyer's Agent

Vance Young

Intracoastal Realty Corp License #245851

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,173

Year Built

  • Built in 1967

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100x250x100x1250
  • Ocean Front
  • Property fronts a private road
  • Property is zoned R-20S

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,967 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 317807780016000

Community Details

Overview

  • Figure Eight Island Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,173

Year Built

Built in 1967

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: 2.0
  • Stories Levels: Two
  • Year Built: 1967
  • 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
  • Heated Sq Ft: 0 - 200, 1800 - 1999
  • Interior Amenities: Blinds/Shades, Furnished
  • Laundry Location: Room
  • List Price per Sq Ft: 760.04
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1967.00
  • Total Heated Primary Separate Sq Ft: 1967.00

Exterior Features

  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Dryer
  • Cooling System: Central
  • 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, Taxes, Tennis Court(s), Maint - Comm Areas, Maint - Roads
  • HOAAssociationFee1Year: 5085.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 627.00
  • Lot Acres: 0.61
  • Lot Dimensions: 100x250x100x1250
  • Lot Sq Ft: 26572.00
  • Zoning: R-20S

Tax Info

  • Tax Identifier: 317807780016000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2021
Sold by
Midnight Pirate Llc
Bought by
72 Ocean View Llc
Current Estimated Value
$4,241,859

Purchase Details

Listed on
Mar 29, 2018
Closed on
Feb 18, 2020
Sold by
Long N Thompson N and Long Elizabeth S
Bought by
Midnight Pirate Llc
Seller's Agent
Kirra Sutton
Figure Eight Realty
Buyer's Agent
Jo El Skipper
Figure Eight Realty
List Price
$2,675,000
Sold Price
$2,280,000
Premium/Discount to List
-$395,000
-14.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Thompson Long Elizabeth S and Thompson Long N
Bought by
Long Family Nc Real Estate Trust

Purchase Details

Listed on
Feb 27, 2010
Closed on
Apr 7, 2012
Sold by
Weiner Arthur E and Weiner Marion M
Bought by
Thompson Long Elizabeth S and Thompson Long N
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Vance Young
Intracoastal Realty Corp
List Price
$1,750,000
Sold Price
$1,250,000
Premium/Discount to List
-$500,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
Aug 13, 1998
Sold by
Johnston Margaret Mcgirt
Bought by
Weiner Arthur E Marion M

Purchase Details

Closed on
Jan 2, 1997
Sold by
Johnston Paul A
Bought by
Johnston Margaret M

Purchase Details

Closed on
Jul 10, 1967
Bought by
Weiner Arthur E Marion M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Warranty Deed $2,280,000 None Available
Warranty Deed -- None Available
Warranty Deed $12,500,000 None Available
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $2,280,000 -14.8% $1,272 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
03/29/2018 03/29/18 For Sale $2,675,000 +114.0% $1,493 / Sq Ft
04/27/2012 04/27/12 Sold $1,250,000 -28.6% $635 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
02/27/2010 02/27/10 For Sale $1,750,000 -- $890 / 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 $14,173 $2,698,500 $2,613,500 $85,000
2022 $14,302 $2,698,500 $2,613,500 $85,000
2021 $15,835 $2,890,100 $2,613,500 $276,600
2020 $8,760 $1,385,000 $1,212,800 $172,200
2019 $8,760 $1,385,000 $1,212,800 $172,200
2018 $8,760 $1,385,000 $1,212,800 $172,200
2017 $8,968 $1,385,000 $1,212,800 $172,200
2016 $9,351 $1,349,300 $1,122,900 $226,400
2015 $8,689 $1,349,300 $1,122,900 $226,400
2014 $8,541 $1,349,300 $1,122,900 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30445221

Hive MLS

APN: R04516-003-016-000