NOT LISTED FOR SALE

120 Spencer Farlow Dr Carolina Beach, NC 28428

Estimated Value: $825,000 - $1,000,000

3 Beds
3.5 Baths
2,437 Sq Ft
$375/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $493,000 $202 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,402/month

224 Days on Market

Highlights

  • Marina
  • Ocean View
  • Water Access
  • Carolina Beach Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of February 2016

Come enjoy the serene views of the ICWW & distant ocean views! The owners have cared for & loved this home. Being one of the larger units (2400SF+)featuring 3 large bedrooms with private baths, half bath, new HVAC system, a garage & a 30' boat slip. The first floor bedroom has a patio to enjoy watching the morning boaters. There are many upgrades to this home such as Corian countertops, crown molding, detailed door trim, elevator with a phone, recessed lighting, built in furniture, gas fireplace, abundant natural light & much more. The flowing main floor is great for entertaining with an open concept feel and a balcony to enjoy the morning sun or cool evenings. Stepping into the master retreat, enjoy the balcony views of the marina & waterways, vaulted ceilings, huge custom closet,

Last Agent to Sell the Property

Allen LaCoe

Intracoastal Realty Corp Listed on: 06/17/2015

Last Buyer's Agent

Kevin Donovan

Intracoastal Realty Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,326

Year Built

  • Built in 2000

Lot Details

  • 1,307 Sq Ft Lot
  • Home fronts a canal

HOA Fees

  • $244 Monthly HOA Fees

Property Views

  • Ocean
  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 2,437 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Pest Guard System
  • Termite Clearance

Parking

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

Outdoor Features

  • In Ground Pool
  • Water Access
  • Boat Slip
  • Balcony
  • Patio
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Flood Insurance May Be Required

Listing and Financial Details

  • Tax Lot 4284
  • Assessor Parcel Number 313115.53.8163.000

Community Details

Overview

  • Master Insurance
  • Waterfront Villas Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Marina
  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,326

Year Built

Built in 2000

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • 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: 2000
  • Road Frontage Type: Canal Front, ICW Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Security System, Whirlpool, Wash/Dry Connect, Walk-in Shower, Pantry, Gas Logs, Elevator, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 204.76
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Other Level: Second
  • Sq Ft Heated: 2437.00
  • Total Heated Primary Separate Sq Ft: 2437.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Stucco
  • Exterior Structures: Gazebo
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Tile
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 1.00
  • Garage And Parking Other See Remarks: Cmnt
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • 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: Boat Dock, Pest Control, Water, Trash, Termite Bond, Taxes, Sewer, Community Pool, Master Insure, Marina, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance, Clubhouse
  • HOAAssociationFee1Year: 2928.00

Lot Info

  • Deed Page: 2009.00
  • Lot Acres: 0.03
  • Lot Dimensions: Irregular
  • Lot Number: 4284
  • Lot Sq Ft: 1307.00
  • Lot Water Features: Boat Dock, Water Access Comm, Waterfront Comm, Boat Slip
  • Zoning: MB-1
  • Lot View Type: ICW View, Water View, Ocean View, Marina View

Tax Info

  • Tax Identifier: 313115.53.8163.000
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 3325.64
  • Total Real Estate Property Taxes: 3325.64

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2015
Closed on
Feb 24, 2016
Sold by
Longenecker Kevin D and Longenecker Wendy L
Bought by
Fitzgerald Joseph W and Fitzgerald Andrew M
Seller's Agent
Allen LaCoe
Intracoastal Realty Corp
Buyer's Agent
Kevin Donovan
Intracoastal Realty Corp
List Price
$585,000
Sold Price
$493,000
Premium/Discount to List
-$92,000
-15.73%
Current Estimated Value
$914,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,902
Avg. Annual Appreciation
6.60%
Original Mortgage
$394,400
Outstanding Balance
$314,102
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$600,800

Purchase Details

Closed on
Sep 3, 2013
Sold by
Longenecker Margarita
Bought by
Longenecker Kevin D

Purchase Details

Closed on
Apr 19, 2010
Sold by
Dunn Howard L and Dunn Patricia L
Bought by
Longenecker Kevin D and Longenecker Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2003
Sold by
Ellsworth Sloane Llc
Bought by
Dunn Howard L Patricia L

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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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
Fitzgerald Joseph W $49,400 None Available
Longenecker Kevin D -- None Available
Longenecker Kevin D $460,000 None Available
Dunn Howard L Patricia L $365,000 --
Ellsworth Sloane Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald Joseph W $394,400
Previous Owner Longenecker Kevin D $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $493,000 -15.7% $202 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
06/17/2015 06/17/15 For Sale $585,000 -- $240 / 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 $4,424 $988,100 $262,500 $725,600
2024 $3,945 $575,900 $250,000 $325,900
2023 $3,830 $575,900 $250,000 $325,900
2022 $3,859 $575,900 $250,000 $325,900
2021 $3,974 $575,900 $250,000 $325,900
2020 $3,621 $452,600 $130,300 $322,300
2019 $3,621 $452,600 $130,300 $322,300
2018 $3,530 $452,600 $130,300 $322,300
2017 $3,598 $452,600 $130,300 $322,300
2016 $3,616 $421,500 $134,100 $287,400
2015 $3,410 $421,500 $134,100 $287,400
2014 $3,326 $421,500 $134,100 $287,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30523858

Hive MLS

APN: R08806-005-024-000