NOT LISTED FOR SALE

118 Spencer Farlow Dr Carolina Beach, NC 28428

Estimated Value: $822,000 - $943,000

3 Beds
3.5 Baths
2,429 Sq Ft
$371/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $470,000 $193 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,399/month

297 Days on Market

Highlights

  • Boat Dock
  • Marina View
  • In Ground Pool
  • Carolina Beach Elementary School Rated A-
  • Sailboat Water Access
  • Clubhouse

About This Home

As of May 2019

Fabulous views from this luxury townhome located in the middle of the ''U'' shaped building. Recent updates including flooring, kitchen and baths. Tenant has vacated; conveys furnished as-is, with the exception of owner's personal items in closet. In addition to monthly HOA dues, owners pay insurance in May of each year. As of 1/1/19, monthly dues are $286. Seller is NC licensed Realtor.

Last Agent to Sell the Property

Cynthia Jacobs

Network Real Estate Listed on: 06/05/2018

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 2000

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a marsh

HOA Fees

  • $290 Monthly HOA Fees

Property Views

  • Marina
  • Intracoastal
  • Canal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Stick Built Home
  • Stucco

Interior Spaces

  • 2,429 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Stove
  • Down Draft Cooktop
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Sailboat Water Access
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R08806-005-022-000

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Waterfront Villas Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,300

Year Built

Built in 2000

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Bamboo, Tile, Carpet
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Whirlpool, Walk-In Closet, Walk-in Shower, Foyer, Pantry, Gas Logs, Furnished, Ceiling Fan(s)
  • Laundry Location: Kitchen, Room
  • List Price per Sq Ft: 199.63
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Bedroom 1 Level: Upper
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: First
  • Breakfast Nook Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 2429.00
  • Total Heated Primary Separate Sq Ft: 2429.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Patio, Covered
  • Road Type Frontage: No Frontage
  • Roof: See Remarks
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Trash, Termite Bond, Taxes, Street Lights, Roof, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Laundry, Flood Insurance, Clubhouse
  • HOAAssociationFee1Year: 3482.00

Lot Info

  • Deed Page: 216.00
  • Lot Acres: 0.03
  • Lot Dimensions: .03
  • Lot Sq Ft: 1307.00
  • Lot Water Features: Sailboat Accessible, Water Access Comm, Waterfront Comm
  • Zoning: MB-1
  • Lot View Type: Canal View, ICW View, Water View, Marsh View, Marina View

Rental Info

  • Annual Gross Rental Income Collected: 24000

Tax Info

  • Tax Identifier: R08806-005-022-000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 3300.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
May 9, 2019
Sold by
Coleman Charles A and Coleman Sherilyn D
Bought by
Stowe Blaine
Seller's Agent
Cynthia Jacobs
Network Real Estate
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$524,900
Sold Price
$470,000
Premium/Discount to List
-$54,900
-10.46%
Current Estimated Value
$901,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,380
Avg. Annual Appreciation
10.59%
Original Mortgage
$282,000
Outstanding Balance
$255,712
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$645,668

Purchase Details

Closed on
Aug 24, 2001
Sold by
Ellsworth Sloane Llc
Bought by
Coleman Charles A Jr Sherilyn

Purchase Details

Closed on
Aug 17, 1998
Sold by
Carolina Beach Town Of
Bought by
Ellsworth Sloane Llc
Source: Public Records

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
Stowe Blaine $470,000 None Available
Coleman Charles A Jr Sherilyn $475,000 --
Ellsworth Sloane Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stowe Blaine $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2019 05/09/19 Sold $470,000 -10.5% $193 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
06/05/2018 06/05/18 For Sale $524,900 -- $216 / 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
2025 $4,413 $985,600 $262,500 $723,100
2023 $3,933 $574,200 $250,000 $324,200
2022 $3,847 $574,200 $250,000 $324,200
2021 $3,962 $574,200 $250,000 $324,200
2020 $3,602 $450,300 $130,300 $320,000
2019 $3,602 $450,300 $130,300 $320,000
2018 $3,512 $450,300 $130,300 $320,000
2017 $3,580 $450,300 $130,300 $320,000
2016 $3,238 $377,400 $134,100 $243,300
2015 $3,053 $377,400 $134,100 $243,300
2014 $2,978 $377,400 $134,100 $243,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cynthia Jacobs

    Network Real Estate

  • Keith Beatty

    Buyer's Agent in 2019

    Keith Beatty

    Intracoastal Realty Corp

    (910) 509-1924

    15 in this area

    1,243 Total Sales

    Keith Beatty
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Map

Source: Hive MLS

MLS Number: 100119755

Hive MLS

APN: R08806-005-022-000

North Carolina New Hanover County Carolina Beach 28428

118 Spencer Farlow Dr, Carolina Beach, NC

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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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