NOT LISTED FOR SALE

1002 Carolina Beach Ave N Carolina Beach, NC 28428

Estimated Value: $1,446,870 - $1,539,000

2 Beds
2 Baths
745 Sq Ft
$1,996/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $301,000 $404 Per Sq Ft

Est. 394% increase in value since last sale

Current estimated payment $8,348/month

59 Days on Market

Highlights

  • Waterfront Community
  • No HOA
  • Forced Air Heating and Cooling System
  • Carolina Beach Elementary School Rated A-
  • 1-Story Property

About This Home

As of February 2013

This remarkable oceanfront cottage still stands sentinel after 72 years - providing protection from the sand and the surf with unwavering devotion. Quaint cottage accents, like wood panel walls and ceilings are a testament to the Carolina Beach of days gone by. Enjoy salty summer breezes from the front porch and back deck. Improved over the years, this home offers a ducted heated and cooling system, two modern bathrooms and a modern kitchen. The addition of a vinyl wrap reduces the amount of maintenance needed over time. This is the best opportunity for oceanfront ownership in years. Carolina Beach is the preferred vacation destination for thousands of families. It is also a great place to make your primary home. This is pretty much an Open Year Round beach town with large grocery stores,

Last Agent to Sell the Property

Clinton Howlett

Century 21 Brock and Associates Listed on: 12/03/2012

Last Buyer's Agent

Comp Only Entrys

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,558

Year Built

  • Built in 1940

Lot Details

  • 3,920

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 745 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 3,920 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • No Home Owners Association

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,558

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1940
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Flooring: See Remarks
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: None
  • List Price per Sq Ft: 401.34
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Sq Ft Heated: 745.00
  • Total Heated Primary Separate Sq Ft: 745.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Roof: Shingle

Utilities

  • Appliances Equipment: See Remarks
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 888.00
  • Lot Acres: 0.09
  • Lot Dimensions: Irregular
  • Lot Water Features: Waterfront Comm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Smith James B and Smith Denise D
Bought by
Derrenbacher Christopher J and Derrenbacher Christy L
Current Estimated Value
$1,487,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,208,000
Outstanding Balance
$1,201,924
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$285,294

Purchase Details

Closed on
Dec 3, 2023
Sold by
James M Wade M and James Jacqueline S
Bought by
Smith James B and Smith Denise D

Purchase Details

Closed on
Oct 20, 2022
Sold by
Wade James M and Wade Jacqueline S
Bought by
James M Wade And Jacqueline S Wade Living Tru

Purchase Details

Closed on
May 24, 2013
Sold by
Wade James M
Bought by
Wade James M and Wade Jacqueline S

Purchase Details

Listed on
Dec 3, 2012
Closed on
Feb 6, 2013
Sold by
Us Bank Na
Bought by
Wade James M
Seller's Agent
Clinton Howlett
Century 21 Brock and Associates
Buyer's Agent
Comp Only Entrys
NON-MLS OFFICE
List Price
$324,900
Sold Price
$301,000
Premium/Discount to List
-$23,900
-7.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Swartz Donald E Joyce L
Bought by
Sasco Mortgage Loan Trust 2007 Geli

Purchase Details

Closed on
Jun 10, 2005
Sold by
Komis Katherine M
Bought by
Swartz Donald E and Swartz Joyce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1996
Sold by
Komis Jack E
Bought by
Komis Katherine M

Purchase Details

Closed on
Jul 12, 1995
Sold by
Bailey Scarlet P
Bought by
Komis Katherine M

Purchase Details

Closed on
Nov 1, 1987
Sold by
Mccarley Lewie A Emma L
Bought by
Bailey Scarlet P

Purchase Details

Closed on
Nov 1, 1979
Bought by
Mccarley Lewie A Emma L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Derrenbacher Christopher J $1,510,000 None Listed On Document
Derrenbacher Christopher J $1,510,000 None Listed On Document
Smith James B $1,450,000 None Listed On Document
Smith James B $1,450,000 None Listed On Document
James M Wade And Jacqueline S Wade Living Tru -- --
Wade James M -- None Available
Wade James M $301,000 None Available
Sasco Mortgage Loan Trust 2007 Geli $718,000 --
Swartz Donald E $800,000 None Available
Komis Katherine M -- --
Komis Katherine M $128,000 --
Bailey Scarlet P $75,000 --
Mccarley Lewie A Emma L $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derrenbacher Christopher J $1,208,000
Closed Derrenbacher Christopher J $1,208,000
Previous Owner Swartz Donald E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $301,000 -7.4% $404 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $324,900 -- $436 / 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 $5,558 $811,400 $506,300 $305,100
2023 $0 $811,400 $506,300 $305,100
2022 $5,436 $811,400 $506,300 $305,100
2021 $5,599 $811,400 $506,300 $305,100
2020 $4,656 $582,000 $283,900 $298,100
2019 $4,656 $582,000 $283,900 $298,100
2018 $4,540 $582,000 $283,900 $298,100
2017 $4,627 $582,000 $283,900 $298,100
2016 $4,472 $521,200 $287,200 $234,000
2015 $4,217 $521,200 $287,200 $234,000
2014 $4,112 $521,200 $287,200 $234,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 40098894

Hive MLS

APN: R08815-003-010-000