NOT LISTED FOR SALE

1108 S Fort Fisher Blvd Unit A&B Kure Beach, NC 28449

Estimated Value: $992,000 - $1,598,000

4 Beds
2 Baths
1,600 Sq Ft
$826/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $879,000 $549 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,928/month

166 Days on Market

Highlights

  • Ocean Side of Freeway
  • Waterfront
  • Vaulted Ceiling
  • Carolina Beach Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of November 2020

Fantastic opportunity to own a newly remodeled DUPLEX that sits oceanfront in the heart of Pleasure Island, where one can relax and enjoy the best that coastal living has to offer! Both units have spectacular ocean views, oceanfront decks and private access to the Atlantic Ocean just steps from your door. Both units have two bedrooms, one bath, a living room, dining area, and brand new kitchens with brand new stainless appliances. They are freshly painted and have new vinyl flooring, ceiling fans and light fixtures. Make this a fantastic weekend getaway, investment or rental property, or Airbnb - this property is income-producing! Or, the home can be easily converted back to a Single Family home. Park your car, and enjoy walking or biking to any of the many amenities on the island including restaurants, bars, and the Kure Beach Pier. No HOA. You will never want to leave the island and great rental income is a very real expectation! Property being sold furnished and ''AS IS.''

Last Agent to Sell the Property

Pam Kersting

Intracoastal Realty Corp License #262281 Listed on: 03/19/2020

Intracoastal Realty Corp

Last Buyer's Agent

Carol Ellington

Salt Water Real Estate LLC License #263240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,460

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 30x230
  • Waterfront
  • Dunes

Home Design

  • Duplex
  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Vinyl Plank Flooring
  • Water Views
  • Laundry closet

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bathrooms
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • 2 Detached Carport Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Open Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number R09206001007000

Community Details

Overview

  • No Home Owners Association
  • Hanby Beach Subdivision

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,460

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Vinyl
  • Interior Amenities: 1st Floor Master, Ceiling - Vaulted, Ceiling Fan(s), Walk-in Shower
  • Laundry Location: Closet
  • List Price per Sq Ft: 561.25
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4
  • Total Heated Sq Ft: 1600.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Block
  • Porch Balcony Deck: Balcony, Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes
  • Pool Spa: None

Garage/Parking

  • Detached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Vent Hood
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Community Water, Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 1804
  • Deed Page: 666.00
  • Lot Acres: 0.16
  • Lot Description: Dunes
  • Lot Dimensions: 30x230
  • Lot Number: 5
  • Lot Sq Ft: 6970.00
  • Lot Water Features: Ocean Side
  • Zoning: RA-3A

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Pets: Owner Only

Tax Info

  • Tax Identifier: R09206001007000
  • Tax Year: 2019

Multi Family

  • Number Total Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Oct 2, 2020
Sold by
Marvel Catherine
Bought by
Snow Cage Llc
Seller's Agent
Pam Kersting
Intracoastal Realty Corp
Buyer's Agent
Carol Ellington
Salt Water Real Estate LLC
List Price
$989,000
Sold Price
$879,000
Premium/Discount to List
-$110,000
-11.12%
Total Days on Market
166
Current Estimated Value
$1,321,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,431
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Nov 22, 1996
Sold by
Marvel Catherine
Bought by
Marvel Catherine

Purchase Details

Closed on
Dec 11, 1995
Sold by
Marvel Catherine
Bought by
Marvel Catherine

Purchase Details

Closed on
Jan 7, 1992
Sold by
Marvel Barbara K
Bought by
Marvel Catherine

Purchase Details

Closed on
Mar 2, 1990
Sold by
Stafford O F Jr Gwyn
Bought by
Marvel Barbara K

Purchase Details

Closed on
Apr 1, 1979
Bought by
Stafford O F Jr Gwyn
Source: Public Records

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Range of Values:

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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
Snow Cage Llc $879,000 None Available
Marvel Catherine -- --
Marvel Catherine -- --
Marvel Catherine -- --
Marvel Barbara K $116,000 --
Stafford O F Jr Gwyn $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marvel Katie A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $879,000 -11.1% $549 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $989,000 -- $618 / 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 $6,460 $873,000 $648,700 $224,300
2022 $6,293 $873,000 $648,700 $224,300
2021 $6,467 $873,000 $648,700 $224,300
2020 $3,855 $430,700 $247,800 $182,900
2019 $3,855 $430,700 $247,800 $182,900
2018 $3,812 $430,700 $247,800 $182,900
2017 $3,682 $430,700 $247,800 $182,900
2016 $3,936 $433,500 $325,900 $107,600
2015 $3,622 $433,500 $325,900 $107,600
2014 $3,535 $433,500 $325,900 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100210118

Hive MLS

APN: R09206-001-007-000