NOT LISTED FOR SALE

Kure Beach, NC 28449

Estimated Value: $306,000 - $617,000

1 Bed
2 Baths
1,179 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $115,000 $98 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $2,997/month

156 Days on Market

Highlights

  • 0.29 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Bonus Room
  • 4-minute walk to Kure Beach Ocean Front Park & Pavilion

About This Home

As of September 2012

MUST SELL!!!!!This cottage was built in 1920 and has been added on and divided into two separate living areas with separate entrances. Located in the heart of Kure Beach, only .1 mile from the Kure Beach Pier. Three out of four bedrooms do not have closets. The main value of this home is in the land. There may be a possibility of tearing this home down and building two townhomes/duplexes/ or single family homes with potential ocean views. The sellers will not do any repairs or obtain a survey. This home previously shared water and sewage with a family member that lives next door; therefore, a new owner would need to connect water and sewer to Kure Beach. Home is sold as is.

Last Agent to Sell the Property

Sandra Hall

Bowman Realty and Auction Company Listed on: 11/28/2011

Last Buyer's Agent

Teresa Hill

Intracoastal Realty Corp License #79681

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x100x50x50x50x50
  • Property is zoned RA-2

Home Design

  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,179 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 303917027496000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,369

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 0 - 200, 1000 - 1199
  • List Price per Sq Ft: 126.37
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 1
  • Number Rooms: 6
  • Bonus Room Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1179.00
  • Total Heated Primary Separate Sq Ft: 1179.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Crawl Space
  • Road Type Frontage: Paved
  • Roof: Metal

Utilities

  • Cooling System: Central, Wall/Window Unit(s)
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Utilities: No Sewer, No Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2252.00
  • Lot Acres: 0.29
  • Lot Dimensions: 100x100x50x50x50x50
  • Lot Sq Ft: 12632.00
  • Zoning: RA-2

Tax Info

  • Tax Identifier: 303917027496000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Gemmell Janet L
Bought by
Gemmell John Tyler and Gemmell Janet L
Current Estimated Value
$525,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2021
Sold by
Gemmell John Tyler
Bought by
Gemmell Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2021
Sold by
Mitchell Sharon
Bought by
Gemmell Janet L and Gemmell John Tyler

Purchase Details

Closed on
Jul 16, 2013
Sold by
Mitchell Sharon E and Mitchell Janet L
Bought by
Mitchell Sharon E and Mitchell Janet L

Purchase Details

Closed on
May 10, 2012
Sold by
Huneycutt Loraine Hill and Huneycutt Keith
Bought by
Mitchell Sharon E and Gemmel Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,165
Interest Rate
3.63%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 2009
Sold by
Hill Robert L
Bought by
Petrea Lois Hill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,354
Interest Rate
5.14%
Mortgage Type
Seller Take Back
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
Gemmell John Tyler -- None Available
Gemmell Janet L -- None Available
Gemmell Janet L -- None Available
Mitchell Sharon E -- None Available
Mitchell Sharon E $115,000 None Available
Petrea Lois Hill $278,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gemmell L L $100,000
Closed Gemmell Janet L $135,000
Previous Owner Mitchell Sharon E $171,165
Previous Owner Petrea Lois Hill $278,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $115,000 -32.0% $98 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $169,000 -- $143 / 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 $2,369 $320,100 $240,000 $80,100
2022 $2,307 $320,100 $240,000 $80,100
2021 $2,371 $320,100 $240,000 $80,100
2020 $2,197 $245,500 $183,900 $61,600
2019 $2,197 $246,400 $183,900 $62,500
2018 $2,181 $246,400 $183,900 $62,500
2017 $2,107 $246,400 $183,900 $62,500
2016 $2,090 $230,200 $172,700 $57,500
2015 $1,923 $230,200 $172,700 $57,500
2014 $1,877 $230,200 $172,700 $57,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sandra Hall

    Bowman Realty and Auction Company

  • T

    Buyer's Agent in 2012

    Teresa Hill

    Intracoastal Realty Corp

    (910) 256-4503

    40 Total Sales

    Teresa Hill
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Source: Hive MLS

MLS Number: 30470346

Hive MLS

APN: R09213-011-015-000

North Carolina New Hanover County Kure Beach

28449

This home since 28 November 2011 and is currently estimated at $525,558, approximately $445 per square foot. This property was built in 1920. This home is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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