NOT LISTED FOR SALE

103 Spencer Farlow Dr Unit 3r Carolina Beach, NC 28428

Estimated Value: $1,465,000 - $1,720,000

5 Beds
5.5 Baths
3,870 Sq Ft
$417/Sq Ft Est. Value

Last Sold September 10, 2018

Last sale price $667,450 $172 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $9,261/month

41 Days on Market

Highlights

  • Marina
  • Ocean View
  • Access to marsh
  • Carolina Beach Elementary School Rated A-
  • Boat Dock
  • Home fronts a sound

About This Home

As of September 2018

One of a Kind! Double Sized Waterfront Townhome! 5-BR, 5.5-bath custom-designed townhome is straight out of a magazine! Huge open floor plan with designer details throughout. The living room surrounds a stunning open staircase and is a 35-ft wide living room, spacious dining room with curved wall, breakfast area & chef's kitchen with custom cherry cabinets, stainless appliances, granite, & unique river sink in the island. Relax while you watch the boats go by on Myrtle Grove Sound, the ICW, & the ocean beyond from all three levels. Double size master BR boasts a separate sitting area, bath with whirlpool tub & separate tile shower, walk-in closet, & wide private waterfront porch, 35' Wide! Optional Boat Slip(s) available 25', 30', 35', 40', 45',

Last Agent to Sell the Property

Stewart Pittman

Stewart Building Company, LLC Listed on: 05/29/2018

Last Buyer's Agent

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202

Keller Williams Innovate-Wilmington

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 2004

Lot Details

  • 1,764 Sq Ft Lot
  • Lot Dimensions are 36' x 49'
  • Property fronts a marsh
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Decorative Fence
  • Irrigation

HOA Fees

  • $416 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Marina
  • Intracoastal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,870 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Stove
  • Down Draft Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Access to marsh
  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Doors
  • Flood Insurance May Be Required

Listing and Financial Details

  • Tax Lot 3 & 4
  • Assessor Parcel Number R08806-005-034-000

Community Details

Overview

  • Master Insurance
  • Waterfront Villas Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Marina
  • Community Pool

Security

  • Security Lighting
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,735

Year Built

Built in 2004

Lot Details

0

HOA Fees

$416 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2004
  • Road Frontage Type: ICW Front, Sound Front, Marsh Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 9Ft+ Ceilings, Foyer, Smoke Detectors, Pantry, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 180.85
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 4 Level: Ground
  • Bedroom 5 Level: Ground
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 3870.00
  • Total Heated Primary Separate Sq Ft: 3870.00

Exterior Features

  • Exterior Features: Irrigation System, Security Lighting, Thermal Windows, Thermal Doors
  • Exterior Finish: Stucco
  • Fencing: Metal/Ornamental
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Private
  • Roof: Tile
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Assigned

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Downdraft, Double Oven, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Natural Gas Available, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Trash, Termite Bond, Street Lights, Community Pool, Master Insure, Marina, Flood Insurance, Clubhouse
  • HOAAssociationFee1Year: 4992.00

Lot Info

  • Deed Page: 257.00
  • Lot Acres: 0.04
  • Lot Dimensions: 36' X 49'
  • Lot Number: 3 & 4
  • Lot Sq Ft: 1764.00
  • Lot Water Features: Harbor, Water Access Comm, Waterfront Comm, Salt Marsh
  • Zoning: MB1
  • Lot View Type: ICW View, Water View, Sound View, Ocean View, Marsh View, Marina View

Tax Info

  • Tax Identifier: R08806-005-034-000
  • Tax Year: 2017

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2025
Sold by
Rwh Properties Llc
Bought by
Faulkner Ashley J and Faulkner Mary
Current Estimated Value
$1,614,392

Purchase Details

Closed on
Oct 26, 2022
Sold by
Debreczeni-Morris Anne
Bought by
Rwh Properties Llc

Purchase Details

Listed on
May 29, 2018
Closed on
Sep 7, 2018
Sold by
Maccurry Steven H and Maccurry Sheril L
Bought by
Morris Daniel M and Debreczeni Morris Anne
Seller's Agent
Stewart Pittman
Stewart Building Company, LLC
Buyer's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
List Price
$699,900
Sold Price
$667,450
Premium/Discount to List
-$32,450
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%
Original Mortgage
$533,960
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2015
Sold by
Maccurry Steven H and Maccurry Sheril L
Bought by
Capital Equity Partners Llc

Purchase Details

Closed on
Sep 3, 2004
Sold by
Ellsworth Sloane Llc
Bought by
Waterfronte Development Llc
Source: Public Records

Range of Values:

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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
Faulkner Ashley J $1,500,000 None Listed On Document
Rwh Properties Llc $1,410,000 --
Morris Daniel M $667,500 None Available
Capital Equity Partners Llc $435,000 None Available
Waterfronte Development Llc $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Daniel M $533,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $667,450 -4.6% $172 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $699,900 -- $181 / 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
2025 $4,735 $1,309,100 $262,500 $1,046,600
2023 $4,735 $691,200 $250,000 $441,200
2022 $2,316 $691,200 $250,000 $441,200
2021 $0 $691,200 $250,000 $441,200
2020 $5,094 $636,800 $208,500 $428,300
2019 $5,094 $726,800 $208,500 $518,300
2018 $0 $726,800 $208,500 $518,300
2017 $5,778 $726,800 $208,500 $518,300
2016 $0 $716,100 $214,500 $501,600
2015 -- $716,100 $214,500 $501,600
2014 -- $716,100 $214,500 $501,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stewart Pittman

    Stewart Building Company, LLC

  • Ed Wagenseller

    Buyer's Agent in 2018

    Ed Wagenseller

    Keller Williams Innovate-Wilmington

    (910) 279-4663

    3 in this area

    126 Total Sales

    Ed Wagenseller
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Map

Source: Hive MLS

MLS Number: 100118410

Hive MLS

APN: R08806-005-034-000

North Carolina New Hanover County Carolina Beach 28428

103 Spencer Farlow Dr Unit 3r, Carolina Beach, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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