NOT LISTED FOR SALE

1204 Carolina Beach Ave N Unit 1 Carolina Beach, NC 28428

Estimated Value: $1,756,000 - $2,085,000

5 Beds
5.5 Baths
3,075 Sq Ft
$794/mo HOA Fee

Last Sold December 21, 2023

Last sale price $2,120,000 $689 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $11,938/month

22 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Waterfront
  • Carolina Beach Elementary School Rated A-
  • Ocean Side of Freeway
  • Deck

About This Home

As of December 2023

Multi-level oceanfront condo located in the heart of Carolina Beach. Enjoy sweeping views of the ocean at the rear of the condo and views of the canal from the front. There's even a private walkway to the beach and outdoor shower. Ready to stay home and lounge? There's also a saltwater pool, tiki bar, and fire pit - perfect for enjoying hot summer days and cool fall evenings. In this condo, there's plenty of room for everyone, because it has 5 bedrooms and 5.5 bathrooms, including an oceanfront primary suite with an adjoining office space. On the ground level is a 22'x19' unheated storage space perfect for all your beach toys. There's also an elevator that can take you up to the bedrooms on the third level or the main living area on the fourth level of the building, which has vaulted ceilings with exposed beams and tongue and groove boards. Love to cook? The kitchen has a 5-burner gas cooktop, solid surface countertops, tile backsplash, stacked cabinets, and a walk-in pantry. Of course, living at the beach means sand, but cleanup is easy with ceramic tile in the main living areas and luxury vinyl plank flooring in the bedrooms. A home warranty is included for added peace of mind. This building has two units and plenty of parking. The estimated annual gross revenue of this unit is over $158,000. This condo can be purchased separately or as a package with unit 2 - MLS #100405476.

Last Agent to Sell the Property

Melanie Cameron

Coldwell Banker Sea Coast Advantage License #209100 Listed on: 09/18/2023

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Sean Mcdonnell

Real Broker LLC License #312479

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,831

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Fenced Yard

HOA Fees

  • $794 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,075 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 3 Parking Spaces
  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Wrap Around Porch
  • Open Patio
  • Gazebo

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Doors
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R08811-012-008-001

Community Details

Overview

  • Master Insurance
  • Olivolo Association, Phone Number (910) 431-4313
  • Maintained Community

Recreation

  • Community Pool

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,831

Year Built

Built in 2006

Lot Details

0

HOA Fees

$794 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3rd Floor Unit, 4th Floor or Higher Unit, Two
  • Year Built: 2006
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Elevator, Foyer, Kitchen Island, Pantry, Solid Surface, Walk-in Shower, Walk-In Closet, Whirlpool
  • Laundry Location: Room
  • List Price per Sq Ft: 717.07
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Fourth
  • Bedroom 5 Level: Fourth
  • Dining Room Level: Fourth
  • Kitchen Level: Fourth
  • Laundry Level: Third
  • Living Room Level: Fourth
  • Primary Bedroom Level: Third
  • Office Level: Third
  • Sq Ft Heated: 3075.00
  • Total Heated Primary Separate Sq Ft: 3075.00

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Board/Hurricane, Thermal Doors
  • Exterior Finish: Fiber Cement, Vinyl Siding
  • Exterior Structures: Gazebo, Shower
  • Fencing: Back Yard
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered, Deck, Open, Porch, Wrap Around
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Concrete, Off Street

Utilities

  • Appliances Equipment: Cooktop - Gas, Dishwasher, Double Oven, Dryer, Refrigerator, Washer
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Flood Insurance, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Master Insure
  • HOAAssociationFee1Year: 9524.88
  • HOAAssociationName: Olivolo
  • HOAAssociationPhone: 9104314313

Lot Info

  • Deed Page: 2880.00
  • Lot Acres: 0.20
  • Lot Dimensions: 50x175x50x174
  • Lot Sq Ft: 8750.00
  • Lot Water Features: Ocean Side
  • Zoning: R-1
  • Lot View Type: Canal View, Ocean View, Water View

Tax Info

  • Tax Identifier: R08811-012-008-001
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 7831.04

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Nov 21, 2023
Sold by
Olivolo Alfred and Olivolo Priscilla
Bought by
Carolina Beach Ave Investment Llc
Seller's Agent
Melanie Cameron
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sean Mcdonnell
Real Broker LLC
List Price
$2,205,000
Sold Price
$2,120,000
Premium/Discount to List
-$85,000
-3.85%
Views
12
Current Estimated Value
$1,974,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,098
Avg. Annual Appreciation
-3.90%
Original Mortgage
$1,400,000
Outstanding Balance
$1,377,896
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$597,006

Purchase Details

Closed on
Sep 13, 2017
Sold by
Olivolo Alfred and Olivolo Priscilla
Bought by
Olivolo Alfred and Olivolo Priscilla
Source: Public Records

Range of Values:

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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
Carolina Beach Ave Investment Llc $2,125,000 None Listed On Document
Carolina Beach Ave Investment Llc $2,125,000 None Listed On Document
Olivolo Alfred -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carolina Beach Ave Investment Llc $1,400,000
Closed Carolina Beach Ave Investment Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $2,120,000 -3.9% $689 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $2,205,000 -- $717 / 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 $8,087 $1,180,600 $0 $1,180,600
2023 $8,087 $1,177,600 $0 $1,177,600
2022 $0 $1,177,600 $0 $1,177,600
2021 $6,310 $1,177,600 $0 $1,177,600
2020 $6,310 $788,800 $0 $788,800
2019 $6,310 $788,800 $0 $788,800
2018 $1,153 $788,800 $0 $788,800
2017 $6,271 $788,800 $0 $788,800
2016 $6,928 $807,400 $0 $807,400
2015 $6,532 $807,400 $0 $807,400
2014 $6,370 $807,400 $0 $807,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100405475

Hive MLS

APN: R08811-012-008-001