NOT LISTED FOR SALE

1118 Bonito Ln Unit 1 Carolina Beach, NC 28428

Estimated Value: $477,245 - $668,000

3 Beds
3 Baths
1,301 Sq Ft
$40/mo HOA Fee

Last Sold July 30, 2021

Last sale price $432,000 $332 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,284/month

14 Days on Market

Highlights

  • Covered Patio or Porch
  • Balcony
  • Forced Air Heating and Cooling System
  • Carolina Beach Elementary School Rated A-
  • Walk-In Closet
  • Combination Dining and Living Room

About This Home

As of July 2021

Look no further! This gorgeous turn-key home is in one of the most desirable areas in Carolina beach. Meticulously maintained and only four short blocks from the sandy beach, this is the perfect option for a second home, investment property, or primary residence. The interior boasts three spacious bedrooms and three full baths. On the first floor, you will find one bedroom and bathroom, an open-concept kitchen overlooking the living room, and a large covered deck. Moving upstairs you will find the master suite, along with one additional bedroom and bathroom. Don't forget to check out the walk-in closet and private balcony off of the master. Walking distance to the famous ocean-front tiki bar & grill and the heart of Carolina beach, spend your days on the beach or exploring all that Pleasure Island has to offer, and your nights unwinding with a glass of wine and the ocean breeze on your multi-level decks. Don't miss out on your chance to own a slice of paradise.

Last Agent to Sell the Property

Jessica Keenan

Nest Realty License #226854 Listed on: 06/24/2021

Nest Realty

Last Buyer's Agent

Shana Morgan

RE/MAX Essential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,182

Year Built

  • Built in 2005

Lot Details

  • 4,792

HOA Fees

  • $40 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,301 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Gas Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Additional Features

  • Flood Insurance May Be Required
  • Forced Air Heating and Cooling System

Community Details

  • Wilmington Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number R09014-007-002-001

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,182

Year Built

Built in 2005

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet
  • List Price per Sq Ft: 326.67
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Sq Ft Heated: 1301.00
  • Total Heated Primary Separate Sq Ft: 1301.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, No Amenities, See Remarks
  • HOAAssociationFee1Year: 485.50

Lot Info

  • Deed Page: 1873.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Sq Ft: 4792.00
  • Plat Book: 14
  • Plat Page: 363
  • Special Assessments: none known
  • Zoning: R-1

Tax Info

  • Tax Identifier: R09014-007-002-001
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 26, 2021
Sold by
Flocco Susan and Susan M Flocco Trust
Bought by
Gangoy Mary Anne Mendoza
Seller's Agent
Jessica Keenan
Nest Realty
Buyer's Agent
Shana Morgan
RE/MAX Essential
List Price
$425,000
Sold Price
$432,000
Premium/Discount to List
$7,000
1.65%
Current Estimated Value
$577,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,561
Avg. Annual Appreciation
7.19%
Original Mortgage
$336,800
Outstanding Balance
$306,393
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$271,168

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 29, 2018
Sold by
Brown Victor G and Brown Betty Jo
Bought by
Flocco Susan M and Susan M Flocco Trust
Seller's Agent
Chad Yarborough
LIFE Properties
Buyer's Agent
Jessica Keenan
Coastwalk Real Estate, LLC
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$122,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Alan Votta Construction Inc
Bought by
Carolina Beach Lofts Llc
Source: Public Records

Range of Values:

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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
Gangoy Mary Anne Mendoza $432,000 None Available
Flocco Susan M $272,000 None Available
Carolina Beach Lofts Llc $3,325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangoy Mary Anne Mendoza $336,800
Previous Owner Flocco Susan M $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $432,000 +1.6% $332 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $425,000 0.0% $327 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $425,000 +56.3% $327 / Sq Ft
04/09/2018 04/09/18 Sold $272,000 -1.1% $200 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $275,000 -- $202 / 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 $2,182 $318,500 $0 $318,500
2023 $2,118 $318,500 $0 $318,500
2022 $0 $318,500 $0 $318,500
2021 $1,774 $318,500 $0 $318,500
2020 $1,774 $221,700 $0 $221,700
2019 $1,774 $232,100 $0 $232,100
2018 $1,810 $232,100 $0 $232,100
2017 $1,845 $232,100 $0 $232,100
2016 $1,526 $177,900 $0 $177,900
2015 $1,439 $177,900 $0 $177,900
2014 $1,404 $177,900 $0 $177,900
Source: Public Records

Agents Affiliated with this Home

  • Jessica Keenan

    Seller's Agent in 2021

    Jessica Keenan

    Nest Realty

    (910) 368-1507

    67 in this area

    146 Total Sales

    Jessica Keenan
    Section Image

  • S

    Buyer's Agent in 2021

    Shana Morgan

    RE/MAX

  • Chad Yarborough

    Seller's Agent in 2018

    Chad Yarborough

    LIFE Properties

    (910) 231-9417

    26 Total Sales

    Chad Yarborough
    Section Image
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Map

Source: Hive MLS

MLS Number: 100277967

Hive MLS

APN: R09014-007-002-001

North Carolina New Hanover County Carolina Beach 28428

1118 Bonito Ln Unit 1, Carolina Beach, NC

This home is located at 1118 Bonito Ln Unit 1, Carolina Beach, NC 28428 since 24 June 2021 and is currently estimated at $577,561, approximately $443 per square foot. This property was built in 2005. 1118 Bonito Ln Unit 1 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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