NOT LISTED FOR SALE

112 Island Palms Dr Carolina Beach, NC 28428

Estimated Value: $651,000 - $717,000

3 Beds
2.5 Baths
1,601 Sq Ft
$431/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $640,000 $400 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,976/month

3 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Workshop
  • Carolina Beach Elementary School Rated A-
  • Covered Patio or Porch
  • Formal Dining Room

About This Home

As of May 2022

You'll fall in love with coastal living lifestyle with this 3 bedroom, 2 1/2 bathroom, 1600 square-foot beach home in the Island Palms community in Carolina Beach located at the end of a cul de sac and only six blocks to the ocean. This quality construction home was built by Richard Wallace Builder and has open floor plan, large kitchen with a front porch and large rear deck. Should you need some shade on the deck you can open the Sunsetter Awing. The backyard is professionally landscaped with green space, plus irrigation system. Some other highlights include, the kitchen features granite countertops, stainless steel appliances (new refrigerator in June 2021) and Craftsman-style cabinetry, full size laundry room with custom storage and custom closet shelving throughout the home, high quality laminate floors, carpeted bedrooms, Hardiboard siding and custom plantation shutters/blinds. Your master suite boasts a large walk-in custom design closet with floor-to-ceiling built-in shelving and dual vanities in the master bath. Other home features include an enclosed outdoor shower, covered parking, outdoor setting on the patio and plenty of storage. This home has hurricane shutters, a generator hook-up panel, is heated with propane gas, has gas stove/oven plus gas hook-up on the deck for the grill. Only a short golf cart ride to the beach or downtown Carolina Beach and just a short walk to Carolina Beach State Park and Recreation Center. There are plenty of options for dining, shopping, relaxation and activities close to this home. You don't want to miss this opportunity--call today to make it yours!

Last Agent to Sell the Property

Peter Ruffin

Coastal Properties License #271628 Listed on: 03/23/2022

Coastal Properties

Last Buyer's Agent

Kathy Ross

Palm Realty, Inc. License #234933

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,433

Year Built

  • Built in 2012

Lot Details

  • 5,596 Sq Ft Lot
  • Lot Dimensions are 46x93x66x120
  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,601 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Formal Dining Room
  • Workshop

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R08817-005-014-000

Community Details

Overview

  • Island Palms Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,433

Year Built

Built in 2012

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower, Pantry, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 395.07
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1601.00
  • Total Heated Primary Separate Sq Ft: 1601.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors, Shutters - Board/Hurricane, Outdoor Shower
  • Exterior Finish: See Remarks, Wood Siding
  • Exterior Structures: Shower, Storage
  • Fencing: None
  • Foundation: Pilings, Raised
  • Porch Balcony Deck: Covered, Patio, See Remarks, Open, Deck
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 4.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Cooktop - Gas, Refrigerator, Washer, Stove/Oven - Gas, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Management, See Remarks
  • HOAAssociationFee1Year: 500.00

Lot Info

  • Deed Page: 713.00
  • Lot Acres: 0.13
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 46x93x66x120
  • Lot Sq Ft: 5596.00
  • Plat Book: 52
  • Plat Page: 330
  • Zoning: R-1

Tax Info

  • Tax Identifier: R08817-005-014-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2432.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 6, 2022
Sold by
Cook David M and Cook Claudia
Bought by
Skerritt Mary White and Skerritt Corey Dayton
Seller's Agent
Peter Ruffin
Coastal Properties
Buyer's Agent
Kathy Ross
Palm Realty, Inc.
List Price
$632,500
Sold Price
$640,000
Premium/Discount to List
$7,500
1.19%
Current Estimated Value
$690,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,301
Avg. Annual Appreciation
4.15%
Original Mortgage
$512,000
Outstanding Balance
$491,271
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$241,011

Purchase Details

Listed on
Mar 29, 2012
Closed on
Aug 3, 2012
Sold by
Richard Wallace Builder Inc
Bought by
Cook David M
Seller's Agent
Shawndy Linquist
Prudential Burroughs & Chapin Realty, Inc
Buyer's Agent
Steve Combs
Coldwell Banker Sea Coast Advantage-CB
List Price
$259,900
Sold Price
$262,000
Premium/Discount to List
$2,100
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

Purchase Details

Closed on
Mar 1, 2012
Sold by
Pensco Trust Company
Bought by
Richard Wallace Builder Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,376
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 22, 2011
Sold by
First Troy Spe Llc
Bought by
Pensco Trust Company and Donald V Debord Ira

Purchase Details

Closed on
Jun 28, 2010
Sold by
Island Palms Llc
Bought by
First Troy Spe Llc
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
Skerritt Mary White $640,000 None Listed On Document
Cook David M $262,000 --
Richard Wallace Builder Inc $33,500 None Available
Pensco Trust Company $297,000 None Available
First Troy Spe Llc $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skerritt Mary W $25,000
Open Skerritt Mary White $512,000
Previous Owner Cook David M $42,600
Previous Owner Richard Wallace Builder Inc $33,376
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $640,000 +1.2% $400 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $632,500 +141.4% $395 / Sq Ft
08/03/2012 08/03/12 Sold $262,000 +0.8% $162 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $259,900 -- $161 / 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 $2,415 $352,600 $137,500 $215,100
2022 $2,362 $352,600 $137,500 $215,100
2021 $2,433 $352,600 $137,500 $215,100
2020 $2,284 $285,500 $74,100 $211,400
2019 $2,284 $285,500 $74,100 $211,400
2018 $2,227 $285,500 $74,100 $211,400
2017 $2,270 $285,500 $74,100 $211,400
2016 $1,758 $204,900 $74,100 $130,800
2015 $1,658 $204,900 $74,100 $130,800
2014 $1,617 $204,900 $74,100 $130,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100318636

Hive MLS

APN: R08817-005-014-000