NOT LISTED FOR SALE

120 N Shore Dr Surf City, NC 28445

Estimated Value: $1,698,000 - $2,281,342

6 Beds
4 Baths
2,829 Sq Ft
$689/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $2,700,000 $954 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $10,753/month

110 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Ocean Side of Freeway
  • North Topsail Elementary School Rated 10
  • Spa
  • Deck

About This Home

As of November 2023

Welcome to your dream beach house! This amazing oceanfront home features 6 bedrooms, 4 bathrooms, and a beautiful elevator to get you between all 3 floors. Located in the heart of Surf City, it's the perfect location for walking to all of your favorite restaurants and hot spots on the island. It has been meticulously maintained as the current owners primary residence and only recently served as a vacation rental property (2022 rental income: $184,300). The top floor provides sweeping ocean views with an enormous deck (partially covered for an area of retreat from the sun), a large living space with vaulted ceilings which boasts a custom kitchen with quartz countertops and beautiful stainless appliances, spacious dining area, and huge living room perfect for entertaining (all with amazing views of the ocean). Each of the 6 bedrooms offer plenty of space (2 on the top floor and 4 on the second floor), luxurious bedding, and a flat screen TV for each room (minus one). The master suite features a king-sized bed, an amazing bathroom with a large dual sink vanity and a custom tiled shower, and direct access to the second floor balcony, which is complete with an amazing Caldera spa hot tub, perfect for ending the day overlooking the Atlantic Ocean. The private beach boardwalk extends off this second floor balcony and leads directly to the white sands of Surf City. Underneath this area is the private outdoor shower for cleaning up after enjoying your perfect little piece of paradise. There are also 2 large storage rooms on the bottom level for all your storage needs, and this home is complete with hurricane shutters for that extra protection. Don't miss this opportunity to own your dream beach home! Contact us today to schedule a tour of this incredible oceanfront property!

Last Agent to Sell the Property

Ryan Hall

Hall Property Specialists, INC License #299009 Listed on: 05/22/2023

Last Buyer's Agent

Rebekah Lindsey

The Rachel Kendall Team License #286051

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,675

Year Built

  • Built in 2016

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50x280
  • Ocean Front
  • Property is zoned C-1

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Home Design

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

Interior Spaces

  • 2,829 Sq Ft Home
  • 3-Story Property
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Surf City Elementary And Middle School
  • Topsail High School

Utilities

  • Central Air
  • Humidifier
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Surf City #1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4234-99-2367-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,675

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2016
  • Road Frontage Type: Ocean Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Ceiling - Vaulted, Ceiling Fan(s), Elevator, Foyer, Hot Tub, Kitchen Island, Pantry, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • List Price per Sq Ft: 989.75
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 6
  • Sq Ft Heated: 2829.00
  • Total Heated Primary Separate Sq Ft: 2829.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Balcony, Covered, Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Bar Refrigerator, Dishwasher, Disposal, Humidifier/Dehumidifier, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Vent Hood
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 92.00
  • Lot Acres: 0.32
  • Lot Dimensions: 50x280
  • Lot Sq Ft: 13939.00
  • Lot Water Features: Deeded Beach Access, Deeded Waterfront, Ocean Side
  • Zoning: C-1
  • Lot View Type: ICW View, Ocean View, Sound View

Tax Info

  • Tax Identifier: 4234-99-2367-0000
  • Tax Year: 2023

MLS Schools

  • Elementary School: Surf City
  • High School: Topsail
  • Middle School: Surf City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Dec 12, 2023
Sold by
Welch James R and Welch Amanda
Bought by
Welch Capital Llc
Seller's Agent
Ryan Hall
Hall Property Specialists, INC
Buyer's Agent
Rebekah Lindsey
The Rachel Kendall Team
List Price
$2,950,000
Sold Price
$2,700,000
Premium/Discount to List
-$250,000
-8.47%
Views
369
Current Estimated Value
$1,948,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$751,886
Avg. Annual Appreciation
-15.13%

Purchase Details

Listed on
May 22, 2023
Closed on
Oct 2, 2023
Sold by
Hall Ryan Stuart and Hall Sara Elizabeth
Bought by
Welch James R and Welch Amanda
Seller's Agent
Ryan Hall
Hall Property Specialists, INC
Buyer's Agent
Rebekah Lindsey
The Rachel Kendall Team
List Price
$2,950,000
Sold Price
$2,700,000
Premium/Discount to List
-$250,000
-8.47%
Views
369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2015
Closed on
Oct 14, 2016
Sold by
Cjl Partners
Bought by
Hall Ryan Stuart and Hall Sara Elizabeth
Seller's Agent
Nick Phillips
Landmark Sotheby's International Realty
Buyer's Agent
Debra Hall
Hall Property Specialists, INC
List Price
$949,000
Sold Price
$950,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.04%
Original Mortgage
$417,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2013
Closed on
Sep 11, 2013
Sold by
Batts Properties Inc
Bought by
Cjl Partners
Seller's Agent
Beth Fortunato
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Nick Phillips
Landmark Sotheby's International Realty
List Price
$400,000
Sold Price
$300,000
Premium/Discount to List
-$100,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.04%
Original Mortgage
$300,000
Interest Rate
4.53%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Welch Capital Llc -- None Listed On Document
Welch Capital Llc -- None Listed On Document
Welch James R $2,700,000 None Listed On Document
Welch James R $2,700,000 None Listed On Document
Hall Ryan Stuart $950,000 None Available
Cjl Partners $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch James R $1,300,000
Previous Owner Hall Ryan Stuart $417,000
Previous Owner Cjl Partners $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Sold $2,700,000 -3.6% $954 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $2,800,000 -3.4% $990 / Sq Ft
07/06/2023 07/06/23 Price Changed $2,900,000 -1.7% $1,025 / Sq Ft
05/22/2023 05/22/23 For Sale $2,950,000 +210.5% $1,043 / Sq Ft
10/28/2016 10/28/16 Sold $950,000 +0.1% $344 / Sq Ft View Prior Sale
02/21/2016 02/21/16 Pending -- -- --
03/02/2015 03/02/15 For Sale $949,000 +216.3% $344 / Sq Ft
09/24/2013 09/24/13 Sold $300,000 -25.0% $33 / Sq Ft View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $400,000 -- $44 / 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 $6,675 $804,222 $552,823 $251,399
2023 $6,675 $804,222 $552,823 $251,399
2022 $5,931 $804,222 $552,823 $251,399
2021 $5,931 $804,222 $552,823 $251,399
2020 $5,931 $804,222 $552,823 $251,399
2019 $5,931 $804,222 $552,823 $251,399
2018 $4,254 $547,143 $318,000 $229,143
2017 $4,254 $547,143 $318,000 $229,143
2016 $2,441 $318,000 $318,000 $0
2015 $2,441 $318,000 $318,000 $0
2014 $1,859 $318,000 $318,000 $0
2013 -- $318,000 $318,000 $0
2012 -- $318,000 $318,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Hall

    Seller's Agent in 2023

    Ryan Hall

    Hall Property Specialists, INC

    (252) 361-7594

    1 in this area

    91 Total Sales

    Ryan Hall
    Section Image

  • R

    Buyer's Agent in 2023

    Rebekah Lindsey

    The Rachel Kendall Team

    Section Image
  • Nick Phillips

    Seller's Agent in 2016

    Nick Phillips

    Landmark Sotheby's International Realty

    (910) 679-8047

    20 in this area

    63 Total Sales

    Nick Phillips
    Section Image

  • D

    Buyer's Agent in 2016

    Debra Hall

    Hall Property Specialists, INC

    (910) 347-3676

    4 Total Sales

    Debra Hall
    Section Image

  • B

    Seller's Agent in 2013

    Beth Fortunato

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100385843

Hive MLS

APN: 4234-99-2367-0000

North Carolina Pender County Surf City 28445

120 N Shore Dr, Surf City, NC

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