NOT LISTED FOR SALE

1308 Carolina Beach Ave N Unit 2B Carolina Beach, NC 28428

Estimated Value: $606,070 - $670,000

3 Beds
2 Baths
1,196 Sq Ft
$560/mo HOA Fee

Last Sold February 18, 2015

Last sale price $263,000 $220 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,241/month

145 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Community Pool
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Thermal Windows

About This Home

As of February 2015

Ocean-front unit GROSSING $35K in annual rental income, and there is a lot more to love about this beautiful, bright, 3 bed/2 bath condo. Ocean views on the covered front deck are unsurpassed. Views of the sunset and sound from the back deck. Furnishings (updated in 2011) were selected for easy beach-living. White-washed walnut composite wood floors throughout, natural marble mosaic floors in both baths, glass mosaic backsplash and granite counters in the kitchen. Every bedroom and the living room has a walk-out deck. This beautiful condo needs nothing but you to come enjoy it or the vacation rental income. Fully furnished. Two assigned parking spots. Everyone loves the ocean front pool!

Last Agent to Sell the Property

April Congleton

Intracoastal Realty Corp License #177286 Listed on: 08/21/2014

Intracoastal Realty Corp

Last Buyer's Agent

April Congleton

Intracoastal Realty Corp License #177286 Listed on: 08/21/2014

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1985

HOA Fees

  • $560 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Parking Spaces
  • Carport
  • Lighted Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Cable TV Available

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 313120.71.8373.006

Community Details

Overview

  • Master Insurance
  • Reefs Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,931

Year Built

Built in 1985

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 225.67
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1196.00
  • Total Heated Primary Separate Sq Ft: 1196.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: Lghtd
  • Parking Driveway: Assigned, On Site, Off Street, Lighted, Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Pest Control, Water, Trash, Termite Bond, Sewer, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 6720.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Dimensions: condo
  • Zoning: R-1
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 313120.71.8373.006

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2014
Closed on
Feb 18, 2015
Sold by
Isaacson Lawrence E and Isaacson Marianne
Bought by
2B At The Beach Llc
Seller's Agent
April Congleton
Intracoastal Realty Corp
Buyer's Agent
April Congleton
Intracoastal Realty Corp
List Price
$279,900
Sold Price
$263,000
Premium/Discount to List
-$16,900
-6.04%
Total Days on Market
145
Current Estimated Value
$647,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,518
Avg. Annual Appreciation
9.25%
Original Mortgage
$210,400
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2014
Closed on
Feb 6, 2015
Sold by
Cox Kevin W and Cox Shannon M
Bought by
Isaacson Lawrence E and Isaacson Marianne
Seller's Agent
April Congleton
Intracoastal Realty Corp
Buyer's Agent
April Congleton
Intracoastal Realty Corp
List Price
$279,900
Sold Price
$263,000
Premium/Discount to List
-$16,900
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2011
Sold by
Citifinancial Inc
Bought by
Cox Kevin W and Cox Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Wenz Fredrick and Wenz Mary
Bought by
Citifinancial Inc

Purchase Details

Closed on
Feb 18, 2008
Sold by
Wenz Frederick J and Wenz Mary K
Bought by
City Properties Llc

Purchase Details

Closed on
Mar 30, 2001
Sold by
Nartowicz Marjorie A Walter
Bought by
Wenz Frederick J Mary K

Purchase Details

Closed on
Dec 11, 1996
Sold by
Gause Steven F Sharon H
Bought by
Urman Rita Ax

Purchase Details

Closed on
Dec 10, 1996
Sold by
Urman Rita Ax Solomon
Bought by
Nartowicz Marjorie A Walter

Purchase Details

Closed on
Apr 28, 1995
Sold by
Goss Kenneth A Delphine A
Bought by
Gause Steven F Sharon H

Purchase Details

Closed on
Aug 1, 1985
Sold by
T & O Investments
Bought by
Goss Kenneth A Delphine A

Purchase Details

Closed on
Mar 1, 1984
Bought by
T & O Investments
Source: Public Records

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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
2B At The Beach Llc -- None Available
Isaacson Lawrence E $263,000 None Available
Cox Kevin W $230,000 None Available
Citifinancial Inc $169,900 None Available
City Properties Llc -- None Available
Wenz Frederick J Mary K $139,000 --
Urman Rita Ax $99,000 --
Nartowicz Marjorie A Walter -- --
Gause Steven F Sharon H $86,000 --
Goss Kenneth A Delphine A $110,000 --
T & O Investments -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2B At The Beach Llc $88,000
Closed Isaacson Lawrence E $210,400
Previous Owner Cox Kevin W $172,500
Previous Owner Wenz Frederick J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2015 02/18/15 Sold $263,000 -6.0% $220 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
08/21/2014 08/21/14 For Sale $279,900 -- $234 / 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 $2,931 $427,900 $0 $427,900
2023 $2,846 $427,900 $0 $427,900
2022 $2,867 $427,900 $0 $427,900
2021 $2,953 $427,900 $0 $427,900
2020 $2,157 $269,600 $0 $269,600
2019 $2,157 $269,600 $0 $269,600
2018 $2,103 $269,600 $0 $269,600
2017 $2,143 $269,600 $0 $269,600
2016 $2,078 $242,200 $0 $242,200
2015 $1,959 $242,200 $0 $242,200
2014 $1,911 $242,200 $0 $242,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30510495

Hive MLS

APN: R08811-013-007-006