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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

Overview

Description

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

Listing Details MLS# 100143370

Contract Info

Marketing Start Date: 2018-12-16
Sub-Type: Residential Land
Auction: No
Listing Price: 2850000
List Price/Acre: 3800000
Stipulation of Sale: Standard

Location Information

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

Remarks and Showing

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.
Sign on Property: Yes

Property Exterior Info

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

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
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
Plat Book: No
Plat Page: No

Status Change Info

Under Contract Date: 2020-06-11
Sold Date: 2020-07-16

More Information

HOA

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

Current Use

Residential: Yes

Bldgs on Property

See Remarks: Yes

HOA and Neigh Amenities

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

Soil Evaluation

Soil Evaluation - No: Yes

Frontage Type

Oceanfront: Yes

View Type

Ocean: Yes

Topography

See Remarks: Yes

Lot Water Features

Ocean Side: Yes
Water Access Comm: Yes

Terms

Cash: Yes
Conventional: Yes

Fuel Tank

None: Yes

Environmental Hazard

No: Yes

Lot Description

See Remarks: Yes

Road Type/Frontage

Maintained: Yes
Private Road: Yes

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 Water Features: Ocean Side; Water Access Comm HOA and Neigh Amenities: Gated; Maint - Comm Areas; Ramp; Security; Tennis Court(s); Trash Terms: Cash; Conventional

IDX

Listing Office: Intracoastal Realty Corporation

Last Updated: July - 16 - 2020

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