272 Beach Road N, Wilmington, NC 28411

$2,600,000
Property Type: Land Lot Size (sq. ft.): 32,670 Status: Closed
Current Price: $2,600,000 List Date: 10/09/2019 Last Modified: 7/16/2020

Description

Fabulous Ocean Front lot in prime location on Figure Eight Island. Current structure on property to be removed shortly.

More Information MLS# 100143370

Contract Info

Sub-Type: Residential Land Auction: No List Price/Acre: 3800000 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2018-12-16 Listing Price: 2850000 Current Price: $2,600,000

Location Information

City Limits: Yes Marketing City: Wilmington Secondary Subdivision: N/A Street #: 272 Street Name: Beach Street Suffix: Road Post Direction: N County: New Hanover State/Province: NC Zip Code: 28411 Subdivision: Figure Eight Island Geo Lat: 34.27875 Geo Lon: -77.734204

Remarks and Showing

Sign on Property: Yes Directions to Property: Market Street to Porters Neck, Porters Neck to Edgewater Club Road, cross the bridge, left on Beach Road North, lot on the right.

Property Exterior Info

Acres - Total: 0.75 Lot Dimensions: 166.93x100x162x94.45 Lot SqFt: 32670 Deed Restriction: No Waterfront: Yes Total Road Frontage: 100 Waterview: Yes Location Type: Island Water Frontage: 94.45

Legal and Taxes

Tax Assessed Value: 1908900 Deed Book: 6110 Deed Page: 74 Legal: 272 SEC 16 Figure Eight Island Broker Owner: No PID: 318913.24.3889.000 Tax Identifier: R03818-001-016-000 Plat Book: 0 Plat Page: 0 Special Assessments: none Tax Year: 2017 Zoning: R-20S HOA: Yes Cobra Zone: No Federal Flood Ins Avlbl: Yes School District: New Hanover Elementary School: Blair Middle School: Holly Shelter High School: Laney

Current Use

Residential: 1

Bldgs on Property

See Remarks: 1

HOA and Neigh Amenities

Gated: 1 Maint - Comm Areas: 1 Ramp: 1 Security: 1 Tennis Court(s): 1 Trash: 1

HOA

Association Fee 1/Year: 5085 HOA 1 Mgmt. Company: Figure 8 HOA HOA 1 Mgmt. Phone: 910-686-0635

Soil Evaluation

Soil Evaluation - No: 1

Frontage Type

Oceanfront: 1

View Type

Ocean: 1

Topography

See Remarks: 1

Terms

Cash: 1 Conventional: 1

Fuel Tank

None: 1

Environmental Hazard

No: 1

Lot Description

See Remarks: 1

Road Type/Frontage

Maintained: 1 Private Road: 1

Lot Water Features

Ocean Side: 1 Water Access Comm: 1

Status Change Info

Under Contract Date: 2020-06-11 Sold Price: $2,600,000 Sold Date: 2020-07-16

Property Features

Current Use: Residential Bldgs on Property: See Remarks Soil Evaluation: Soil Evaluation - No Frontage Type: Oceanfront Topography: See Remarks View Type: Ocean Fuel Tank: None Environmental Hazard: No Lot Description: See Remarks Lot Water Features: Ocean Side; Water Access Comm HOA and Neigh Amenities: Gated; Maint - Comm Areas; Ramp; Security; Tennis Court(s); Trash Terms: Cash; Conventional
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: July - 16 - 2020
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