NOT LISTED FOR SALE

113 S 3rd Ave Kure Beach, NC 28449

Estimated Value: $809,239 - $874,000

3 Beds
2 Baths
1,709 Sq Ft
$490/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $750,000 $439 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,724/month

110 Days on Market

Highlights

  • Ocean Side of Freeway
  • Deck
  • 1 Fireplace
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Kure Beach Ocean Front Park & Pavilion

About This Home

As of December 2023

Two in one! Sprawling over a double lot the 1700 square foot main home includes an additional 700 square foot attached apartment (apartment not included in square footage)! Come visit this unique property located one block from Kure Beach Pier. The main home which has 3 large bedrooms and 2 full baths, spacious kitchen and plenty of room for entertaining and the apartment consists of two bedrooms, one full bath and combination kitchen living room. Both are currently being used as short term rentals. These units are joined by a two car garage accessible only from the main home. Both living spaces have screened and open porches to enhance your enjoyment of the sun and sea. This duplex is in the heart of Kure Beach, enjoy it as a private residence complex or continue on with an established investment property professionally managed with a local agency. Current short term tenants in both units.

Last Agent to Sell the Property

Marie Raynor

Coastal Properties License #280608 Listed on: 07/15/2023

Coastal Properties

Last Buyer's Agent

The Domenico Grillo Real Estate Team

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,275

Year Built

  • Built in 1956

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Wood Fence
  • Interior Lot
  • Front Yard
  • Property is zoned B1 RESIDENTIAL

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,709 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Partial Basement
  • Storm Windows
  • Stove
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Enclosed patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14 AND 15
  • Assessor Parcel Number R09217-005-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,275

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, Multi-Split, One
  • Year Built: 1956
  • Road Frontage Type: See Remarks
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master
  • Laundry Location: Room
  • List Price per Sq Ft: 331.12
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Sunroom Level: First
  • Separate Living Spcs Guest House Desc: 700 attached apartme
  • Sq Ft Heated: 1709.00
  • Sq Ft Heated Separate: 704.00
  • Total Heated Primary Separate Sq Ft: 2413.00

Exterior Features

  • Exterior Features: Storm Windows
  • Exterior Finish: Block, Brick, Vinyl Siding
  • Fencing: Front Yard, Partial, Wood
  • Foundation: Block, Combination, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, Enclosed, Open, Patio, Porch, Screened
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Off Street, Shared

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central, Heat Pump, Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 14931495.00
  • Lot Acres: 0.23
  • Lot Description: Interior Lot, See Remarks
  • Lot Dimensions: 100 x 100
  • Lot Number: 14 AND 15
  • Lot Sq Ft: 10000.00
  • Lot Water Features: Ocean Side, Third Row
  • Plat Book: 4
  • Plat Page: 90
  • Zoning: B1 RESIDENTIAL

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R09217-005-001-000
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 1207.80
  • Total Real Estate Property Taxes: 3275.30

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Nov 29, 2023
Sold by
Pellegrini-Altieri Kovette and Franks William
Bought by
Montera John and Wright Rebecca
Seller's Agent
Marie Raynor
Coastal Properties
Buyer's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
List Price
$1,200,000
Sold Price
$750,000
Premium/Discount to List
-$450,000
-37.5%
Total Days on Market
110
Views
396
Current Estimated Value
$837,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,310
Avg. Annual Appreciation
7.67%
Original Mortgage
$562,500
Outstanding Balance
$555,883
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$281,427

Purchase Details

Closed on
May 26, 2021
Sold by
Altieri Dan Nicholas and Altieri Kovette
Bought by
Altieri Dan Nicholas and Pellegrini Altieri Kovette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2021
Sold by
Relaxation Station Nc Llc
Bought by
Altieri Dan Nicholas and Altieri Kovette

Purchase Details

Closed on
Jan 17, 2019
Sold by
Altieri Dan Nicholas and Altieri Kovette
Bought by
Relexation Station Nc Llc

Purchase Details

Closed on
Mar 1, 2018
Sold by
Pier View Llc
Bought by
Altieri Dan Nicholas and Franks William Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,001
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
Black Luther B and Black Angela D
Bought by
King Robert S

Purchase Details

Closed on
Jun 17, 2004
Sold by
Coffey Brenda F Daniel L
Bought by
Black Luther B Angela D

Purchase Details

Closed on
Jan 1, 2001
Sold by
Fry T J
Bought by
Fry T J

Purchase Details

Closed on
Sep 13, 1990
Sold by
Coffey Brenda F Daniel L
Bought by
Coffey Brenda F Daniel L

Purchase Details

Closed on
Jun 20, 1987
Sold by
Fry Mary Lee
Bought by
Coffey Brenda F

Purchase Details

Closed on
Nov 22, 1986
Sold by
Fry T J Mary L
Bought by
Fry Mary Lee

Purchase Details

Closed on
Mar 1, 1968
Sold by
Fry T J
Bought by
Fry T J Mary Lee
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
Montera John $750,000 None Listed On Document
Altieri Dan Nicholas -- Servicelink East Escrow
Altieri Dan Nicholas -- None Available
Relexation Station Nc Llc -- None Available
Altieri Dan Nicholas $440,000 None Available
Pier View Llc -- None Available
King Robert S $600,000 None Available
Black Luther B Angela D $430,000 --
Fry T J -- --
Coffey Brenda F Daniel L -- --
Coffey Brenda F -- --
Fry Mary Lee -- --
Fry T J Mary Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montera John $562,500
Previous Owner Altieri Dan Nicholas $319,000
Previous Owner Altieri Dan Nicholas $324,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $750,000 -6.1% $439 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $799,000 -15.0% $468 / Sq Ft
10/08/2023 10/08/23 Price Changed $939,900 -5.0% $550 / Sq Ft
09/14/2023 09/14/23 Price Changed $989,000 -17.6% $579 / Sq Ft
07/15/2023 07/15/23 For Sale $1,200,000 -- $702 / 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 $3,363 $454,400 $360,000 $94,400
2022 $3,275 $454,400 $360,000 $94,400
2021 $3,366 $454,400 $360,000 $94,400
2020 $2,906 $324,700 $288,000 $36,700
2019 $2,906 $324,700 $288,000 $36,700
2018 $2,874 $324,700 $288,000 $36,700
2017 $2,776 $324,700 $288,000 $36,700
2016 $2,943 $324,100 $288,000 $36,100
2015 $2,708 $324,100 $288,000 $36,100
2014 $2,643 $324,100 $288,000 $36,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100394810

Hive MLS

APN: R09217-005-001-000