NOT LISTED FOR SALE

1228 Searay Ln Carolina Beach, NC 28428

Estimated Value: $1,046,209 - $1,171,000

5 Beds
3 Baths
2,816 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $659,950 $234 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,298/month

Highlights

  • Clubhouse
  • Wood Flooring
  • 1 Fireplace
  • Carolina Beach Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of September 2020

Truly magnificent modern beach cottage in the charming neighborhood of Seagrove, nestled along the middle of the island, just blocks to the beach, restaurants and tiki bar. Beautiful sidewalk lined streets lead to neighborhood pool and serene evenings among the lovely sunsets. This home features large open concept kitchen and living areas. Entertaining style kitchen includes large island, custom cabinetry, chef's style appliances, ice maker and walk-in pantry. So many awesome features!

Last Agent to Sell the Property

Chris Hoskins

Intracoastal Realty Corp License #244059 Listed on: 08/13/2020

Intracoastal Realty Corp

Last Buyer's Agent

Christian Cardamone Team

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 2012

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Decorative Fence
  • Irrigation

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,816 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Partially Finished Attic

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Walk-in Shower

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R09013003020000

Community Details

Overview

  • Seagrove Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,560

Year Built

Built in 2012

Lot Details

0

HOA Fees

$75 per month

Listing Details

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

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: Blinds/Shades, Walk-in Shower, Walk-In Closet(s), Gas Log, Pantry, Master Downstairs, High Ceilings, Ceiling Fan(s)
  • Laundry Location: Laundry Room
  • List Price per Sq Ft: 234.36
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2816.00
  • Total Heated Primary Separate Sq Ft: 2816.00

Exterior Features

  • Exterior Features: Gas Grill, Outdoor Shower, Irrigation System, Gas Log
  • Exterior Finish: Fiber Cement
  • Fencing: Metal/Ornamental, Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Built-In Microwave, Dishwasher, Refrigerator, Gas Oven, Disposal
  • Cooling System: Central Air
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Sidewalk, Community Pool
  • HOAAssociationFee1Year: 900.00

Lot Info

  • Deed Page: 2284.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 4792.00
  • Plat Book: 57
  • Plat Page: 56
  • Zoning: R-1

Tax Info

  • Tax Identifier: R09013003020000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 3560.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 8, 2020
Sold by
Hubbard Ryland H and Hubbard Kelly
Bought by
Knight Kerry and Malley Eileen O
Seller's Agent
Chris Hoskins
Intracoastal Realty Corp
Buyer's Agent
Christian Cardamone
Keller Williams Innovate-Wilmington
List Price
$659,950
Sold Price
$659,950
Current Estimated Value
$1,106,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,602
Avg. Annual Appreciation
10.48%
Original Mortgage
$510,400
Outstanding Balance
$454,998
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$637,717

Purchase Details

Listed on
Feb 27, 2015
Closed on
Jun 23, 2015
Sold by
Hubbard Ryland H
Bought by
Hubbard Ryland H and Hubbard Kelly
Seller's Agent
Lisa Wayne
Intracoastal Realty Corp
Buyer's Agent
Chris Hoskins
Intracoastal Realty Corp
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$380,000
Interest Rate
3.28%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 27, 2015
Closed on
Jun 9, 2015
Sold by
Noonan William J and Noonan Denise C
Bought by
Hubbard Ryland H
Seller's Agent
Lisa Wayne
Intracoastal Realty Corp
Buyer's Agent
Chris Hoskins
Intracoastal Realty Corp
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.28%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 21, 2012
Closed on
Oct 1, 2012
Sold by
Seagrove Wf Investors Llc
Bought by
Herrington Classic Homes Llc
Seller's Agent
Jimmy Hopkins
Intracoastal Realty Corp
Buyer's Agent
Jimmy Hopkins
American Coastal Realty
List Price
$406,000
Sold Price
$414,000
Premium/Discount to List
$8,000
1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$331,200
Interest Rate
3.64%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 21, 2012
Closed on
Sep 29, 2012
Sold by
Herrington Classic Homes Llc
Bought by
Noonan William J and Noonan Denise C
Seller's Agent
Jimmy Hopkins
Intracoastal Realty Corp
Buyer's Agent
Jimmy Hopkins
American Coastal Realty
List Price
$406,000
Sold Price
$414,000
Premium/Discount to List
$8,000
1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
3.64%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 19, 2009
Sold by
Gulfstream Foods Of North Carolina Inc
Bought by
Seagrove Wf Investors Llc

Purchase Details

Closed on
Mar 24, 2004
Sold by
Wilm Beach Investment Corp
Bought by
P I Investment Company Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Knight Kerry $660,000 None Available
Hubbard Ryland H -- None Available
Hubbard Ryland H $475,000 None Available
Herrington Classic Homes Llc $65,000 None Available
Noonan William J $75,000 None Available
Seagrove Wf Investors Llc -- None Available
Gulfstream Foods Of North Carolina Inc -- None Available
P I Investment Company Llc $3,614,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Kerry $510,400
Previous Owner Hubbard Ryland H $380,000
Previous Owner Noonan William J $331,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $659,950 0.0% $234 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $659,950 +38.9% $234 / Sq Ft
06/11/2015 06/11/15 Sold $475,000 -6.9% $169 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $510,000 +23.2% $181 / Sq Ft
10/10/2012 10/10/12 Sold $414,000 +2.0% $149 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $406,000 -- $146 / 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 $4,285 $625,600 $175,000 $450,600
2022 $4,192 $625,600 $175,000 $450,600
2021 $4,317 $625,600 $175,000 $450,600
2020 $3,560 $445,000 $87,100 $357,900
2019 $3,560 $445,000 $87,100 $357,900
2018 $3,471 $445,000 $87,100 $357,900
2017 $3,538 $445,000 $87,100 $357,900
2016 $3,057 $356,300 $78,000 $278,300
2015 $2,882 $356,300 $78,000 $278,300
2014 -- $356,300 $78,000 $278,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100231570

Hive MLS

APN: R09013-003-020-000