$400,000
SOLD SEP 22, 2014

1318 Carolina Beach Ave N Carolina Beach, NC 28428

4 Beds
3.5 Baths
1,801 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

26% Below List Price

161 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Sun or Florida Room
  • Carolina Beach Elementary School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of April 2021

Terrific Carolina Beach investment! Recently partially renovated 4BR 3.5BA SF oceanfront home, two huge decks, awesome ocean views from upper deck, plenty of storage plus 2-car garage. Public beach access is only steps away. Open and airy, furnished, new carpet, paint, tile flooring, granite kitchen counters, and more. Also has a huge bonus room for additional dining area, sunroom, you name it! Easily sleeps 8-10, strong rental history, current on-season estimate $33k. Lots of possibilities - enjoy it yourself, rent it seasonally, year-round, etc. - no HOA rules or restrictions (or dues!) on this one! Current elevation cert available.

Last Agent to Sell the Property

Matthew Giggey

Giggey Real Estate License #209907 Listed on: 04/04/2014

Last Buyer's Agent

Diana Jewell

Berkshire Hathaway HomeServices Carolina Premier Properties License #212971

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,408

Year Built

  • Built in 1977

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Ocean Front

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,801 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Ocean Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,408

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1977
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades
  • List Price per Sq Ft: 263.74
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 1801.00
  • Total Heated Primary Separate Sq Ft: 1801.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • 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: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2780.00
  • Lot Acres: 0.14
  • Lot Dimensions: 50x125
  • Lot Sq Ft: 6098.00
  • Zoning: R-1
  • Lot View Type: Ocean View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 28, 2021
Sold by
Reidsville Centre Llc
Bought by
Lockhart David C and Lockhart Kathleen F
Seller's Agent
Diana Jewell
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Julie Damron
BlueCoast Realty Corporation
List Price
$1,695,000
Sold Price
$1,700,000
Premium/Discount to List
$5,000
0.29%
Current Estimated Value
$2,334,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,118
Avg. Annual Appreciation
8.41%
Original Mortgage
$275,000
Outstanding Balance
$251,851
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,148,031

Purchase Details

Listed on
Apr 4, 2014
Closed on
Sep 12, 2014
Sold by
Eccdh Llc
Bought by
Reidsville Centre Llc and C & R Lav Llc
Seller's Agent
Matthew Giggey
Giggey Real Estate
Buyer's Agent
Diana Jewell
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$539,900
Sold Price
$400,000
Premium/Discount to List
-$139,900
-25.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.47%

Purchase Details

Closed on
Jan 16, 2014
Sold by
Mcfarlane James L
Bought by
Eccdh Llc

Purchase Details

Closed on
Sep 13, 2012
Sold by
Mcfarlane James L and Mcfarlane Maria Y
Bought by
Mcfarlane James L and Mcfarlane Maria Y

Purchase Details

Closed on
Apr 8, 2005
Sold by
Mcfarlane Maria Y
Bought by
Mcfarlane James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$823,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2003
Sold by
Mcfarlane Jr Maria Y
Bought by
Mcfarlane James L

Purchase Details

Closed on
May 17, 2002
Sold by
Myers Kitty B
Bought by
Melvin Barbara Myers

Purchase Details

Closed on
Dec 20, 1994
Sold by
Fishburne Magie E
Bought by
Melvin Barbara Myers

Purchase Details

Closed on
Nov 1, 1982
Sold by
Fidler Earl W Nancy O
Bought by
Fishburne Magie E

Purchase Details

Closed on
Jul 1, 1977
Sold by
Fidler Earl W Nancy O
Bought by
Fidler Earl W Nancy O
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 Type Sale Price Title Company
Warranty Deed $1,700,000 None Available
Warranty Deed $400,000 None Available
Trustee Deed $292,162 None Available
Interfamily Deed Transfer -- None Available
Deed -- None Available
Deed -- --
Deed $345,000 --
Deed -- --
Deed $212,500 --
Deed $85,000 --
Deed $52,500 --
Deed $9,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Previous Owner $823,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $1,700,000 +0.3% $483 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $1,695,000 +323.8% $482 / Sq Ft
09/22/2014 09/22/14 Sold $400,000 -25.9% $222 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $539,900 -- $300 / 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 $9,408 $1,373,400 $740,300 $633,100
2022 $9,202 $1,373,400 $740,300 $633,100
2021 $6,833 $990,300 $740,300 $250,000
2020 $4,555 $569,400 $430,100 $139,300
2019 $4,555 $569,400 $430,100 $139,300
2018 $4,441 $569,400 $430,100 $139,300
2017 $5,215 $569,400 $430,100 $139,300
2016 $4,909 $572,100 $435,200 $136,900
2015 $4,542 $561,400 $435,200 $126,200
2014 $4,429 $561,400 $435,200 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30504202

Hive MLS

APN: R08811-013-001-000