NOT LISTED FOR SALE

1109 Ocean Blvd Topsail Beach, NC 28445

Estimated Value: $760,751 - $1,237,000

4 Beds
2 Baths
1,196 Sq Ft
$820/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2016

Last sale price $535,000 $447 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,623 / mo

46 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • North Topsail Elementary School Rated 10
  • Furnished
  • Outdoor Gas Grill

About This Home

As of September 2016

This delightful Oceanfront beach cottage awaits you. Nestled in quiet Topsail Beach this great home offers 4 bedroom, 2 full baths and fantastic ocean views. Close to shops and dinning. This is a rental machine. Gross rental income is over $40,000.00 per year.

Last Agent to Sell the Property

Jim Cornelison

Carolina Real Estate License #263222 Listed on: 07/06/2016

Last Buyer's Agent

Dean Phillips

NCR Wilmington - Unknown Office License #262891

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 871 Sq Ft Lot
  • Ocean Front
  • Property is zoned r5

Home Design

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

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Unpaved Parking

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • New Topsail Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4212 14 9964 0000

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

871 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 463.96
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1196.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1196.00

Exterior Features

  • Exterior Features: Gas Grill
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Parking Driveway: Carport, Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1000 - 1199
  • Heating System: Heat Pump

Association/Amenities

  • H O A: No

Lot Info

  • Cobra Zone: No
  • Deed Page: 19.00
  • Lot Acres: 0.02
  • Lot Dimensions: 50xMHW
  • Lot Sq Ft: 871.00
  • Zoning: r5

Tax Info

  • Tax Identifier: 4212 14 9964 0000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 13, 2016
Sold by
Steinhoff Keith I
Bought by
Perry David A and Perry Pegi Anne
Seller's Agent
Jim Cornelison
Carolina Real Estate
Buyer's Agent
Dean Phillips
NCR Wilmington - Unknown Office
List Price
$579,000
Sold Price
$535,000
Premium/Discount to List
-$44,000
-7.6%
Current Estimated Value
$980,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,938
Avg. Annual Appreciation
6.57%
Original Mortgage
$417,000
Outstanding Balance
$329,451
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$651,487

Purchase Details

Closed on
Jul 29, 2016
Sold by
Steinhoff Cheryl A
Bought by
Steinhoff Keith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$329,451
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$651,487

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jan 22, 2014
Sold by
Franklin Marvin A and Franklin Linda S
Bought by
Steinhoff Keith J and Steinhoff Cheryl A
Seller's Agent
Nicklaus Phillips
Landmark Sotheby's International Realty
Buyer's Agent
Jim Cornelison
Carolina Real Estate
List Price
$495,000
Sold Price
$450,000
Premium/Discount to List
-$45,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$405,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Mckeiver Lawrence J and Mckeiver Linda R
Bought by
Franklin Marvin A and Franklin Linda S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perry David A $535,000 None Available
Steinhoff Keith J -- None Available
Steinhoff Keith J $450,000 None Available
Franklin Marvin A $820,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry David A $417,000
Previous Owner Steinhoff Keith J $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2016 09/29/16 Sold $535,000 -7.6% $447 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $579,000 +28.7% $484 / Sq Ft
01/30/2014 01/30/14 Sold $450,000 -9.1% $402 / Sq Ft View Prior Sale
01/14/2014 01/14/14 Pending -- -- --
06/03/2013 06/03/13 For Sale $495,000 -- $442 / Sq Ft
Source: Hive MLS

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 $4,078 $542,441 $357,030 $185,411
2024 $4,078 $491,344 $337,536 $153,808
2023 $4,078 $491,344 $337,536 $153,808
2022 $3,624 $491,344 $337,536 $153,808
2021 $3,624 $491,344 $337,536 $153,808
2020 $3,624 $491,344 $337,536 $153,808
2019 $3,624 $491,344 $337,536 $153,808
2018 $2,896 $372,506 $297,000 $75,506
2017 $2,896 $372,506 $297,000 $75,506
2016 $2,859 $372,506 $297,000 $75,506
2015 $2,856 $372,506 $297,000 $75,506
2014 $2,175 $372,105 $297,000 $75,105
2013 -- $372,105 $297,000 $75,105
2012 -- $372,105 $297,000 $75,105
Source: Public Records

Agents Affiliated with this Home

  • Jim Cornelison

    Seller's Agent in 2016

    Jim Cornelison

    Carolina Real Estate

    (910) 650-8618

    9 in this area

    31 Total Sales

    Jim Cornelison
    Section Image

  • D

    Buyer's Agent in 2016

    Dean Phillips

    NCR Wilmington - Unknown Office

  • N

    Seller's Agent in 2014

    Nicklaus Phillips

    Landmark Sotheby's International Realty

  • J

    Buyer's Agent in 2014

    James Cornelison

    Landmark Sotheby's International Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 100019869

Hive MLS

APN: 4212-14-9964-0000

North Carolina Pender County Topsail Beach 28445

1109 Ocean Blvd, Topsail Beach, NC

Not Listed for Sale

Detached

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