NOT LISTED FOR SALE

1114 Bonito Ln Unit 2 Carolina Beach, NC 28428

Estimated Value: $467,954 - $671,000

3 Beds
3 Baths
1,325 Sq Ft
4,792 Sq Ft Lot

Last Sold November 03, 2023

Last sale price $570,000 $430 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,261/month

107 Days on Market

Highlights

  • Covered Patio or Porch
  • Fenced Yard
  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Carolina Beach Elementary School Rated A-
  • Balcony
  • Cul-De-Sac

About This Home

As of November 2023

Welcome to this beautiful condo located just 4 blocks away from the Tennessee avenue beach access in the heart of Carolina Beach known as Wilmington Beach. With its convenient location and spacious interior, this property offers a comfortable coastal living experience. Close to all that you would want to experience and do on this paradise island.The condo features three bedrooms, providing ample space for you and your family or guests. Each bedroom is designed with comfort in mind, offering a relaxing retreat after a day of sun and sand or a long day at work. The three bathrooms ensure convenience and privacy for everyone.The open layout of the living area creates a welcoming atmosphere, perfect for entertaining or enjoying quality time with loved ones. The kitchen is equipped with stainless steel appliances and offers plenty of storage space.Additional amenities include wonderful balconies off the main living area and the main bedroom, this home sits in a private area!Don't miss this opportunity to own a piece of Carolina Beach paradise. Contact us today to schedule a showing!

Last Agent to Sell the Property

Tara Coffer

Sound and Sea Realty LLC License #319861 Listed on: 05/21/2023

Co-Listed By

Coastal Escape Realty

Sound and Sea Realty LLC

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,261

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac
  • Fenced Yard

Home Design

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

Interior Spaces

  • 1,325 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R09014007004002

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • 1114 Bontio Lane HOA, Phone Number (910) 686-1272
  • Wilmington Beach Subdivision

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,261

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: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Kitchen Island, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Hall
  • List Price per Sq Ft: 433.96
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1325.00
  • Total Heated Primary Separate Sq Ft: 1325.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Back Yard
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: Attached, Concrete, Detached, Garage Door Opener

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Ice Maker, Microwave - Built-In, Range, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Master Insure
  • HOAAssociationName: 1114 BONTIO LANE HOA
  • HOAAssociationPhone: 9106861272

Lot Info

  • Deed Page: 162.00
  • Lot Acres: 0.11
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 4792.00
  • Lot Water Features: None
  • Plat Book: 2
  • Plat Page: 30
  • Zoning: R-1

Green Features

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

Rental Info

  • Annual Gross Rental Income Collected: 2100

Tax Info

  • Tax Identifier: R09014007004002
  • Tax Year: 2023

MLS Schools

  • Elementary School: Carolina Beach
  • Elementary School #2: Anderson
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Oct 31, 2023
Sold by
Galvin John Patrick and Meredith Carr
Bought by
Rainey Joseph and Rainey Hannah
Seller's Agent
Tara Coffer
Sound and Sea Realty LLC
Buyer's Agent
A Non Member
A Non Member
List Price
$675,005
Sold Price
$570,000
Premium/Discount to List
-$105,005
-15.56%
Views
894
Current Estimated Value
$579,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,489
Avg. Annual Appreciation
0.87%
Original Mortgage
$513,000
Outstanding Balance
$502,840
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$76,649

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 30, 2019
Sold by
Murphy Francis X and Murphy Elena M
Bought by
Galvin Meredith Carr Maddox and Galvin John Patrick
Seller's Agent
Howard Barshay
Salt Water Real Estate LLC
Buyer's Agent
Ian Rosenbaum
Fathom Realty NC, LLC
List Price
$324,900
Sold Price
$320,000
Premium/Discount to List
-$4,900
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$256,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2013
Closed on
Nov 15, 2013
Sold by
Golden Michael and Golden Gail
Bought by
Murphy Frnacis X
Seller's Agent
Teresa Hovatter
Coastwalk Real Estate, LLC
Buyer's Agent
Joy Morgan
Intracoastal Realty Corp
List Price
$234,900
Sold Price
$212,000
Premium/Discount to List
-$22,900
-9.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$137,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2010
Sold by
Central Mortgage Company
Bought by
Golden Michael and Golden Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2010
Sold by
Jukic Bryan
Bought by
Central Mortgage Company
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
Rainey Joseph $570,000 None Listed On Document
Rainey Joseph $570,000 None Listed On Document
Galvin Meredith Carr Maddox $320,000 None Available
Murphy Frnacis X $212,000 None Available
Golden Michael $205,000 None Available
Central Mortgage Company $354,794 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey Joseph $513,000
Closed Rainey Joseph $513,000
Previous Owner Galvin Meredith Carr Maddox $256,000
Previous Owner Murphy Frnacis X $137,000
Previous Owner Golden Michael $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $570,000 -0.9% $430 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $575,000 -4.2% $434 / Sq Ft
09/08/2023 09/08/23 Price Changed $599,999 -1.6% $453 / Sq Ft
09/01/2023 09/01/23 Price Changed $610,050 +0.8% $460 / Sq Ft
08/19/2023 08/19/23 Price Changed $605,000 -6.3% $457 / Sq Ft
08/04/2023 08/04/23 Price Changed $645,557 -0.7% $487 / Sq Ft
06/25/2023 06/25/23 Price Changed $649,999 -3.7% $491 / Sq Ft
06/03/2023 06/03/23 For Sale $675,005 +110.9% $509 / Sq Ft
09/09/2019 09/09/19 Sold $320,000 -1.5% $240 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $324,900 +53.3% $243 / Sq Ft
11/21/2013 11/21/13 Sold $212,000 -9.7% $156 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $234,900 -- $173 / 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
2024 $2,261 $330,100 $0 $330,100
2023 $2,261 $330,100 $0 $330,100
2022 $2,212 $330,100 $0 $330,100
2021 $2,278 $330,100 $0 $330,100
2020 $1,823 $227,900 $0 $227,900
2019 $1,771 $221,400 $0 $221,400
2018 $1,727 $221,400 $0 $221,400
2017 $1,760 $221,400 $0 $221,400
2016 $1,524 $177,600 $0 $177,600
2015 $1,437 $177,600 $0 $177,600
2014 $1,401 $177,600 $0 $177,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100385669

Hive MLS

APN: R09014-007-004-002