NOT LISTED FOR SALE

1311 N Lake Park Blvd Unit 8a Carolina Beach, NC 28428

Estimated Value: $526,000 - $649,000

2 Beds
2 Baths
935 Sq Ft
$666/mo HOA Fee

Last Sold June 02, 2022

Last sale price $575,000 $615 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,943/month

1 Day on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Furnished
  • Carolina Beach Elementary School Rated A-
  • Ocean Side of Freeway
  • Solid Surface Countertops

About This Home

As of June 2022

This ocean front, fully furnished, 2 BR/2BA condo is in one of Carolina Beach's most popular complexes - Sea Colony, Building A. This beautiful first floor condo is right on the beach and has stunning views of the beach and ocean. The expansive balcony off the living room and master bedroom is a great outdoor living space, perfect for watching the beach and water activity and spectacular sunrises. Recently renovated and sold fully furnished, including washer and dryer, it is the perfect vacation getaway. Sea Colony has a private beach walkway, outdoor grills, and a pool - everything you want for a summer at the shore. This unit comes with 2 assigned parking spaces under the unit (only first floor units have assigned covered parking). Plenty of parking for your guests in the 2 large parking lots. There is also private storage for beach toys under the unit. Short term rentals are allowed, so this property also can serve as a great investment as well as a vacation getaway or permanent residence.

Last Agent to Sell the Property

David and Francisca Oller Team

Intracoastal Realty Corporation Listed on: 04/18/2022

Intracoastal Realty Corporation

Last Buyer's Agent

Mary-Kathryn Smith

Keller Williams Innovate-Wilmington License #224383

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • Wood Fence
  • Dunes

HOA Fees

  • $666 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 935 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • On-Site Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R09018-004-006-050

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Sea Colony Subdivision
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site
  • Security Lighting
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,059

Year Built

Built in 1983

Lot Details

0

HOA Fees

$666 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: 1.0
  • Stories Levels: 1st Floor Unit
  • Year Built: 1983
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Vinyl
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Foyer, Solid Surface, Smoke Detectors, Furnished, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 534.76
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 1 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 935.00
  • Total Heated Primary Separate Sq Ft: 935.00

Exterior Features

  • Exterior Features: Outdoor Shower, Security Lighting
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: Wood
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Assigned, Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress 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: Cable, Owner Pets Only, Water, Trash, Termite Bond, Taxes, Storage, Sewer, Roof, Pest Control, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 7992.00

Lot Info

  • Deed Page: 216.00
  • Lot Description: Dunes
  • Lot Water Features: Ocean Side
  • Plat Book: 4
  • Plat Page: 95
  • Zoning: MF
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R09018-004-006-050
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 641.56
  • Total Real Estate Property Taxes: 2058.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Magnini Nicholas Anthony and Magnini Anne
Bought by
Magnini Family Trust and Magnini
Current Estimated Value
$592,515

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 25, 2022
Sold by
Woodbury Family Trust
Bought by
Magnini Nicholas and Magnini Anne
Seller's Agent
David and Francisca Oller Team
Intracoastal Realty Corporation
Buyer's Agent
Mary-Kathryn Smith
Keller Williams Innovate-Wilmington
List Price
$500,000
Sold Price
$575,000
Premium/Discount to List
$75,000
15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$342,600
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2002
Sold by
Woodbury Paul W Gloria M
Bought by
Woodbury Family Trust The

Purchase Details

Closed on
Mar 12, 2002
Sold by
Woodbury Paul W Gloria M
Bought by
Woodbury Family Trust The

Purchase Details

Closed on
May 1, 1990
Sold by
Mashikian Hagop S Lydia
Bought by
Woodbury Paul W Gloria M

Purchase Details

Closed on
Dec 1, 1983
Sold by
Sea Colony Assoc
Bought by
Mashikian Hagop S Lydia

Purchase Details

Closed on
Mar 1, 1982
Bought by
Sea Colony Assoc
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
Magnini Family Trust -- None Listed On Document
Magnini Family Trust -- None Listed On Document
Magnini Nicholas $575,000 Barnes Ned M
Woodbury Family Trust The -- --
Woodbury Family Trust The -- --
Woodbury Paul W Gloria M $82,500 --
Mashikian Hagop S Lydia $100,000 --
Sea Colony Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnini Nicholas $342,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $575,000 +15.0% $615 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $500,000 -- $535 / 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 $2,044 $584,900 $0 $584,900
2024 $2,044 $298,400 $0 $298,400
2023 $2,044 $298,400 $0 $298,400
2022 $1,999 $298,400 $0 $298,400
2021 $2,059 $298,400 $0 $298,400
2020 $2,339 $292,400 $0 $292,400
2019 $2,339 $292,400 $0 $292,400
2018 $0 $292,400 $0 $292,400
2017 $2,325 $292,400 $0 $292,400
2016 $2,634 $307,000 $0 $307,000
2015 $2,484 $307,000 $0 $307,000
2014 $2,422 $307,000 $0 $307,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100322939

Hive MLS

APN: R09018-004-006-050