NOT LISTED FOR SALE

114 Island Palms Dr Carolina Beach, NC 28428

Estimated Value: $650,000 - $711,000

3 Beds
2 Baths
1,456 Sq Ft
$468/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $585,000 $402 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,935/month

87 Days on Market

Highlights

  • Pond View
  • Deck
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of February 2022

Looking for your slice of island life? You'll fall in love with this like-new 3 bedroom, 2 full bathroom, 1,456 square-foot beach home that's offered fully furnished in the Island Palms community in Carolina Beach. Located on the end of a cul de sac in a quiet community only six blocks to the ocean, this is a quality construction home built by Richard Wallace Builder with only two prior owners. Current owners have used it sparingly as their second home, maintaining it's like-new status over the past 6 years. Premier highlights include an open floor plan, high quality laminate floors, hardie board siding, and plantation shutters throughout. The spacious kitchen features granite countertops, stainless steel appliances, and Craftsman-style cabinetry. Your impressive master suite boasts a large walk-in closet with floor-to-ceiling built-in shelving, dual vanities, and a tiled shower. Sip on your morning coffee on the back porch for a relaxing morning overlooking the pond or take a short walk to watch the sunrise over the Atlantic Ocean. Other home features include an outdoor shower, oversized one-car garage, covered parking under the home, and plenty of storage on the ground floor. Short term rentals are not allowed in this neighborhood, so you can enjoy the peacefulness of knowing your neighbors. 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

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 10/08/2021

Last Buyer's Agent

Carol Ellington

Salt Water Real Estate LLC License #263240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,643

Year Built

  • Built in 2012

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $33 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,456 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pond Views
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Island Palms Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number R08817-005-015-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,643

Year Built

Built in 2012

Lot Details

0

HOA Fees

$33 per month

Listing Details

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

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Walk-In Closet, Furnished, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 412.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1456.00
  • Total Heated Primary Separate Sq Ft: 1456.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, 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: Maint - Comm Areas, Taxes
  • HOAAssociationFee1Year: 400.00

Lot Info

  • Deed Page: 1830.00
  • Lot Acres: 0.16
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: irregular
  • Lot Sq Ft: 6970.00
  • Lot Water Features: None
  • Plat Book: 52
  • Plat Page: 330
  • Zoning: X
  • Lot View Type: Pond View

Green Features

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

Tax Info

  • Tax Identifier: R08817-005-015-000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Jan 26, 2022
Sold by
Wade Hubbard Iii Edward and Wade Marie Rose
Bought by
Daly Michael and Daly Kay
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Carol Ellington
Salt Water Real Estate LLC
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Current Estimated Value
$681,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,060
Avg. Annual Appreciation
5.87%
Original Mortgage
$465,000
Outstanding Balance
$435,916
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$282,081

Purchase Details

Listed on
Apr 28, 2014
Closed on
Jun 26, 2014
Sold by
Allen Geoffrey K and Allen Jessica K
Bought by
Hubbard Edward Wade and Ivey Hubbard Rose Marie
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Kristin Kirk
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$274,900
Sold Price
$269,900
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$215,920
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2012
Closed on
Sep 14, 2012
Sold by
Richard Wallace Builder Inc
Bought by
Allen Greoffrey K
Seller's Agent
Shawndy Linquist
Prudential Burroughs & Chapin Realty, Inc
Buyer's Agent
Shawndy Linquist
Prudential Burroughs & Chapin Realty, Inc
List Price
$239,900
Sold Price
$249,900
Premium/Discount to List
$10,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$250,247
Interest Rate
3.68%
Mortgage Type
VA

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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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
Daly Michael $585,000 Barnes Ned
Hubbard Edward Wade $270,000 None Available
Allen Greoffrey K -- 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 Daly Michael $465,000
Previous Owner Hubbard Edward Wade $215,920
Previous Owner Allen Greoffrey K $250,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $585,000 -2.5% $402 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
10/08/2021 10/08/21 For Sale $599,900 +122.3% $412 / Sq Ft
06/26/2014 06/26/14 Sold $269,900 -1.8% $181 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $274,900 +10.0% $184 / Sq Ft
09/14/2012 09/14/12 Sold $249,900 +4.2% $175 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $239,900 -- $168 / 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 $2,643 $385,900 $154,100 $231,800
2022 $1,939 $385,900 $154,100 $231,800
2021 $2,663 $385,900 $154,100 $231,800
2020 $2,397 $299,600 $74,100 $225,500
2019 $2,397 $296,000 $74,100 $221,900
2018 $2,309 $296,000 $74,100 $221,900
2017 $2,353 $296,000 $74,100 $221,900
2016 $1,948 $227,000 $74,100 $152,900
2015 $1,836 $227,000 $74,100 $152,900
2014 $1,791 $227,000 $74,100 $152,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100294273

Hive MLS

APN: R08817-005-015-000