NOT LISTED FOR SALE

1107 Bowfin Ln Unit 1 Carolina Beach, NC 28428

Estimated Value: $736,754 - $1,167,000

5 Beds
4 Baths
2,752 Sq Ft
4,792 Sq Ft Lot

Last Sold October 27, 2015

Last sale price $415,000 $151 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,197/month

31 Days on Market

Highlights

  • Ocean View
  • Deck
  • Mud Room
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2015

Ocean views, an elevator, 5 bedrooms with 4 full baths and 1 block to the beach sets this home apart. Situated in the hottest selling area in Carolina Beach, this premium home is decked out with real hardwood floors, tile baths, SS appliances, granite, crown moldings, a standing seam metal roof, laundry room, lots of storage, and is wired for surround sound. The open floor plan lends itself to easy entertaining and the decks quench the soul with ocean breezes. Outdoors, the home has landscape irrigation, an exterior storage room, an outdoor shower and vinyl handrails. Relax and enjoy the beach, walk to nearby shops and restaurants, or listen to the bands at the neighborhood Tikki Bar & Restaurant. Coupled with location and rental income, this makes an outstanding investment.

Last Agent to Sell the Property

Barbara Bass

Coastwalk Real Estate, LLC Listed on: 08/10/2015

Last Buyer's Agent

Corinne Smith

Coldwell Banker Sea Coast Advantage License #233383

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,724

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac
  • Irrigation

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,752 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Mud Room
  • Combination Dining and Living Room
  • Ocean Views
  • Intercom

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 2 Attached Carport Spaces
  • Lighted Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Porch

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2554

Community Details

Overview

  • No Home Owners Association
  • Wilmington Beach Subdivision

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,724

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Blinds/Shades, Elevator, Mud Room, Intercom/Music, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 154.43
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Bedroom 1 Level: Fourth
  • Bedroom 2 Level: Fourth
  • Bedroom 3 Level: Fourth
  • Bedroom 4 Level: Fourth
  • Dining Room Level: Fourth
  • Kitchen Level: Fourth
  • Living Room Level: Fourth
  • Primary Bedroom Level: Fourth
  • Sq Ft Heated: 2752.00
  • Total Heated Primary Separate Sq Ft: 2752.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Windows, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Patio, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking Other See Remarks: Cmnt,Lghtd
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport, Lighted, On Site, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2861.00
  • Lot Acres: 0.11
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 50x100
  • Lot Number: 2554
  • Lot Sq Ft: 5000.00
  • Zoning: MX
  • Lot View Type: Ocean View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Oct 19, 2015
Sold by
Williams Stephen O and Williams Lisa W
Bought by
Grushcow Jeffrey B and Grushcow Tracy D
Seller's Agent
Barbara Bass
Coastwalk Real Estate, LLC
Buyer's Agent
Corinne Smith
Coldwell Banker Sea Coast Advantage
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$921,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,689
Avg. Annual Appreciation
8.36%
Original Mortgage
$315,000
Outstanding Balance
$248,343
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$673,346

Purchase Details

Closed on
Feb 11, 2010
Sold by
Brc Kure Beach Llc
Bought by
Williams Stephen O and Williams Lisa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Grushcow Jeffrey B $415,000 None Available
Williams Stephen O $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grushcow Jeffrey B $315,000
Previous Owner Williams Stephen O $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2015 10/27/15 Sold $415,000 -2.4% $151 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $425,000 -- $154 / 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 $3,724 $543,700 $0 $543,700
2022 $58,106 $543,700 $0 $543,700
2021 $3,752 $543,700 $0 $543,700
2020 $4,263 $532,900 $0 $532,900
2019 $4,263 $532,900 $0 $532,900
2018 $4,157 $532,900 $0 $532,900
2017 $4,237 $532,900 $0 $532,900
2016 $3,619 $421,800 $0 $421,800
2015 $3,412 $421,800 $0 $421,800
2014 $3,328 $421,800 $0 $421,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30526547

Hive MLS

APN: R09014-003-002-001