NOT LISTED FOR SALE

Estimated Value: $3,578,000 - $5,808,000

3 Beds
4.5 Baths
5,712 Sq Ft
$862/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $2,270,000 $397 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $29,496/month

392 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Greenhouse
  • Roland-Grise Middle School Rated A-
  • Ocean View
  • Boat Slip

About This Home

As of December 2013

One of the finest locations on the east coast for this beautiful waterfront estate. Situated on a 2.65 acre point on the Intracoastal with 900 feet of water frontage. The home sits on a bluff with panoramic views for miles, including views of the ICWW, the inlet, Masonboro Island and the Atlantic Ocean. Incredible landscaping, award winning pool, boat house and protected deep water dockage for multiple boats. Interior boasts over 5,700 sq ft and views from almost every window. Also includes newly renovated kitchen, elevator, separate quarters and more. A rare opportunity!

Last Agent to Sell the Property

Debbie Mitchell

Intracoastal Realty Corp License #184520 Listed on: 10/25/2012

Intracoastal Realty Corp

Last Buyer's Agent

Lynne Boney

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,518

Year Built

  • Built in 1983

Lot Details

  • 2.65 Acre Lot
  • Lot Dimensions are 450x400
  • Cul-De-Sac
  • Irrigation
  • Property is zoned R-20

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Stick Built Home

Interior Spaces

  • 5,712 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Log Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Attic Floors
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boat Slip
  • Deck
  • Enclosed Patio or Porch
  • Greenhouse

Utilities

  • Forced Air Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 315617.20.2938.000

Community Details

Overview

  • No Home Owners Association
  • Cedar Island Subdivision

Recreation

  • Waterfront

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,518

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More, Basement
  • Year Built: 1983
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored
  • Dining Room Type: Formal
  • Fireplace: 3+
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 5500 - 5999
  • Interior Amenities: Ceiling Fan(s), Security System, Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 436.80
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 3
  • Number Rooms: 14
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: First
  • Sq Ft Heated: 5712.00
  • Total Heated Primary Separate Sq Ft: 5712.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows, Security Lighting
  • Exterior Structures: Green House
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Deck, Porch, Enclosed
  • Road Type Frontage: Paved
  • Roof: Shake
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 4.00
  • Total Garage Spaces: 4.00

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: Existing Well
  • Utilities: Municipal Sewer, Well Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1731.00
  • Lot Acres: 2.65
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 450x400
  • Lot Sq Ft: 115434.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm, Deeded Water Rights
  • Zoning: R-20
  • Lot View Type: ICW View, Sound View, Ocean View

Tax Info

  • Tax Identifier: 315617.20.2938.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2018
Sold by
Boney Clark Iii John R and Boney Denison Mary
Bought by
Clark John R and Denison Mary B
Current Estimated Value
$4,926,513

Purchase Details

Listed on
Oct 25, 2012
Closed on
Dec 16, 2013
Sold by
Flohr Daniel and Jacobs Tina
Bought by
Boney Clark Iii John R and Boney Denison Mary
Seller's Agent
Debbie Mitchell
Intracoastal Realty Corp
Buyer's Agent
Lynne Boney
Intracoastal Realty Corp
List Price
$2,999,000
Sold Price
$2,270,000
Premium/Discount to List
-$729,000
-24.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$1,929,500
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 1993
Sold by
Jordan Louis H Anne K
Bought by
Flohr Daniel Tina Jacobs

Purchase Details

Closed on
May 1, 1982
Sold by
Head Jr William G
Bought by
Jordan Louis H Anne K

Purchase Details

Closed on
Apr 1, 1973
Bought by
Head William G
Source: Public Records

Range of Values:

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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
Clark John R -- None Available
Boney Clark Iii John R $2,771,000 None Available
Flohr Daniel Tina Jacobs $1,175,000 --
Jordan Louis H Anne K $195,000 --
Head William G $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boney Clark Iii John R $1,929,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $2,270,000 -24.3% $397 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $2,999,000 -- $525 / 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
2024 $40,518 $4,657,200 $2,467,600 $2,189,600
2023 $39,353 $4,657,200 $2,467,600 $2,189,600
2022 $39,586 $4,657,200 $2,467,600 $2,189,600
2021 $39,856 $4,657,200 $2,467,600 $2,189,600
2020 $21,820 $2,071,400 $878,000 $1,193,400
2019 $16,663 $1,665,300 $878,000 $787,300
2018 $17,542 $1,665,300 $878,000 $787,300
2017 $21,006 $1,994,100 $878,000 $1,116,100
2016 $19,002 $1,715,000 $877,900 $837,100
2015 $18,162 $1,715,000 $877,900 $837,100
2014 $17,390 $1,715,000 $877,900 $837,100
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 30483123

Hive MLS

APN: R06700-003-003-009