NOT LISTED FOR SALE

105 Ocean Blvd Unit 1 Carolina Beach, NC 28428

Estimated Value: $721,000 - $823,000

3 Beds
2 Baths
1,601 Sq Ft
4,792 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $750,000 $468 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,325/month

87 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Covered Patio or Porch
  • Carolina Beach Elementary School Rated A-
  • No HOA
  • Balcony

About This Home

As of February 2023

Welcome to Island Dream Town Homes where you have a rare opportunity to have ocean views and not be in the flood zone. This unit offers 3 bedrooms 2 bathrooms, a dedicated outdoor shower, private elevator, beautiful cypress hardwood floors, granite counter tops, stainless steel appliances and gas fireplace. Each unit has its own large storage unit and a dual zone irrigation system. Ocean Boulevard beach access is just across the street from this home with plenty of parking. Up a few blocks on Ocean Boulevard is the Carolina Beach Green Way Trail. This trail is 2.4 miles and is used for hiking, biking, walking and nature trips. This unit is currently used as a vacation rental. Capture the full income potential of this fully furnished property that has it all.

Last Agent to Sell the Property

Renee Reitzel

Spot Real Estate, LLC Listed on: 11/08/2022

Last Buyer's Agent

Marina Dane

The Prana Agency, LLC License #232511

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,156

Year Built

  • Built in 2005

Lot Details

  • 4,792

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,601 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar Fridge
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Intercom

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Lighted Parking
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Irrigation

Listing and Financial Details

  • Assessor Parcel Number R09018-006-019-001

Community Details

Overview

  • No Home Owners Association
  • Wilmington Beach Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,156

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit
  • Year Built: 2005
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Elevator, Gas Logs, Intercom/Music, Kitchen Island, Pantry, Smoke Detectors, Walk-in Shower, Walk-In Closet, Wet Bar
  • List Price per Sq Ft: 468.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1601.00
  • Total Heated Primary Separate Sq Ft: 1601.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Concrete, Lighted, On Site

Utilities

  • Appliances Equipment: Bar Refrigerator, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 930.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50X100
  • Lot Sq Ft: 5000.00
  • Lot Water Features: Third Row
  • Plat Book: 14
  • Plat Page: 392
  • Zoning: MX-MX
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R09018-006-019-001
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 3156.37

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Feb 21, 2023
Sold by
Maddalone Paul
Bought by
Hamby Russell J and Hamby Carrie Jane
Seller's Agent
Renee Reitzel
Spot Real Estate, LLC
Buyer's Agent
Marina Dane
The Prana Agency, LLC
List Price
$750,000
Sold Price
$750,000
Views
62
Current Estimated Value
$767,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,041
Avg. Annual Appreciation
0.87%
Original Mortgage
$497,000
Outstanding Balance
$481,406
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$285,635

Purchase Details

Listed on
Jul 2, 2021
Closed on
Mar 9, 2022
Sold by
Morgan Properties Llc
Bought by
Maddalone Paul and Maddalone Ciro
Seller's Agent
Michael Urti
Nest Realty
Buyer's Agent
Renee Reitzel
Nest Realty
List Price
$750,000
Sold Price
$675,000
Premium/Discount to List
-$75,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$505,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2021
Sold by
Morgan Bissette Properties Llc
Bought by
Morgan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 5, 2019
Closed on
Apr 4, 2019
Sold by
Stansfield Blessings Llc
Bought by
Morgan Bissette Properties Llc
Seller's Agent
Lisa Heglar
Sound and Sea Realty LLC
Buyer's Agent
Matthew Costin
Nest Realty
List Price
$494,000
Sold Price
$465,000
Premium/Discount to List
-$29,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$365,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
May 28, 2014
Closed on
May 28, 2014
Sold by
Markely Timothy Soctt and Markely Sara Louise
Bought by
Stansfield Blessings Llc
Seller's Agent
Judy Stansfield
Sound and Sea Realty LLC
Buyer's Agent
Judy Stansfield
Sound and Sea Realty LLC
List Price
$317,500
Sold Price
$317,000
Premium/Discount to List
-$500
-0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%
Original Mortgage
$253,600
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 30, 2010
Sold by
Foster Michael D and Foster Wanda D
Bought by
Markley Timothy Scott and Markley Sara Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2007
Sold by
Pilgrims Mobile Home Park Llc
Bought by
Foster Michael D and Foster Wanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2007
Sold by
Stamey Wayne Thomas and Stamey Elizabeth Porter
Bought by
Pilgrims Mobile Home Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Brewer Development Of Wilm Inc
Bought by
D R Associates Llc
Source: Public Records

Range of Values:

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Average Value
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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
Hamby Russell J $750,000 --
Maddalone Paul $675,000 Johnson & Moore Pa
Morgan Properties Llc $465,000 None Available
Morgan Bissette Properties Llc $465,000 None Available
Stansfield Blessings Llc $317,000 None Available
Markley Timothy Scott $367,500 None Available
Foster Michael D -- None Available
Pilgrims Mobile Home Park Llc $570,000 None Available
D R Associates Llc $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamby Russell J $497,000
Previous Owner Maddalone Paul $505,000
Previous Owner Morgan Properties Llc $365,000
Previous Owner Morgan Bissette Properties Llc $365,000
Previous Owner Stansfield Blessings Llc $253,600
Previous Owner Markley Timothy Scott $330,750
Previous Owner Pilgrims Mobile Home Park Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $750,000 0.0% $468 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
11/07/2022 11/07/22 For Sale $750,000 +11.1% $468 / Sq Ft
03/14/2022 03/14/22 Sold $675,000 -10.0% $416 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $750,000 +61.3% $462 / Sq Ft
04/12/2019 04/12/19 Sold $465,000 -5.9% $284 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $494,000 +55.8% $302 / Sq Ft
05/28/2014 05/28/14 Sold $317,000 -0.2% $187 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $317,500 -- $188 / 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
2023 $3,111 $471,100 $0 $471,100
2022 $3,156 $471,100 $0 $471,100
2021 $813 $471,100 $0 $471,100
2020 $2,896 $362,000 $0 $362,000
2019 $2,896 $362,000 $0 $362,000
2018 $2,824 $362,000 $0 $362,000
2017 $2,878 $362,000 $0 $362,000
2016 $2,848 $331,900 $0 $331,900
2015 $2,685 $331,900 $0 $331,900
2014 $2,619 $331,900 $0 $331,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100357408

Hive MLS

APN: R09018-006-019-001