R
Seller's Agent in 2023
Rainey Simmons
Salt Water Real Estate LLC
(336) 362-7876
3 in this area
35 Total Sales
135 N 3rd Ave Kure Beach, NC 28449
Estimated Value: $488,931 - $821,000
5
Beds
3
Baths
887
Sq Ft
$822/Sq Ft
Est. Value
Highlights
- Deck
- Furnished
- No HOA
- Carolina Beach Elementary School Rated A-
- Ground Level Unit
- 3-minute walk to Kure Beach Ocean Front Park & Pavilion
About This Home
As of July 2023Looking for an impossible to find income producing property multi-unit/multi-family investment opportunity with unbelievable future potential? Look no further! Located in Kure Beach just two blocks from both Downtown and the Kure Beach Pier, this SFR on stilted pilings and duplex provides a bit of everything for the right investor or even someone looking to live two blocks from the beach. This property brought in($90,000+ in 2021: please see attached rental history for more information) with a highly established guest base? Year-round management efforts maintain monthly renters during the off-season to ensure continued cashflow for the owners. All three units come fully furnished and are actively accepting summer vacation renters and guests. The SFR (unit 1) is a stick-built home on pilings with its own dedicated HVAC system. It is a two bed/one bath with a full kitchen, LVT flooring, updated furniture and electronics, and a large private covered deck, sunning space, and picnic area. Unit 2 (the left duplex) consists of a one bed/one bath suite along with an open kitchen and living room floor plan, updated electronics, and a HUGE shared outdoor deck space. Unit 3 (the right duplex) consists of a two bed/one bath suite including a large master bedroom with sliding glass doors and private access to the patio and deck space right outside. They are heated and cooled by a combination of window and wall units. All three units share a MASSIVE deck space complete with picnic tables, swings, an outdoor shower. Each unit comes with its own dedicated off-street parking space (or two!). If you're looking for a successful investment look no further! This opportunity will be ''gone-with-the-salty-wind'' so let us know if looking to make it yours!
Last Agent to Sell the Property
Salt Water Real Estate LLC License #315823 Listed on: 04/16/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,076
Year Built
- Built in 1986
Lot Details
- 5,009 Sq Ft Lot
- Lot Dimensions are 50x100
Home Design
- Triplex
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Membrane Roofing
- Wood Siding
- Concrete Siding
- Block Exterior
- Piling Construction
Interior Spaces
- 1-Story Property
- Furnished
- Ceiling Fan
- Blinds
- Partial Basement
- Fire and Smoke Detector
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bathrooms
- Walk-in Shower
Parking
- Driveway
- On-Site Parking
- Assigned Parking
Outdoor Features
- Deck
- Covered patio or porch
Location
- Ground Level Unit
Schools
- Carolina Beach Elementary School
- Murray Middle School
- Ashley High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R09213-012-014-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 15, 2024
Sold by
Jwest Capital Llc
Bought by
Jwest Capital Llc and Kanapaux
Total Days on Market
5
Current Estimated Value
Purchase Details
Listed on
Sep 1, 2022
Closed on
Jan 5, 2023
Sold by
Depalma Jessica Elisha
Bought by
Kure Beach Nc Llc
Seller's Agent
Carol Ellington
Salt Water Real Estate LLC
Buyer's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Purchase Details
Listed on
Sep 1, 2022
Closed on
Oct 3, 2022
Sold by
Gf2017 Llc
Bought by
Depalma Jessica Elisha
Seller's Agent
Carol Ellington
Salt Water Real Estate LLC
Buyer's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 13, 2019
Closed on
Apr 12, 2019
Sold by
Pamela S Williams Rev Declartaion Of Tr
Bought by
Gf2017 Llc
Seller's Agent
Teresa Clontz
Carolina Retreats Vacations LLC
Buyer's Agent
Carol Ellington
Salt Water Real Estate LLC
List Price
$425,000
Sold Price
$395,000
Premium/Discount to List
-$30,000
-7.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%
Original Mortgage
$335,750
Interest Rate
4%
Mortgage Type
Commercial
Purchase Details
Listed on
May 10, 2017
Closed on
May 24, 2018
Sold by
Good Crystine and Nielsen David Keith
Bought by
Williams Pamela S and Pamela S Williams Revocable Declaration
Seller's Agent
Brian Walsh
Wilkinson ERA Real Estate
Buyer's Agent
Teresa Clontz
Blue Water Realty
List Price
$419,900
Sold Price
$375,000
Premium/Discount to List
-$44,900
-10.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$281,250
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 15, 2015
Closed on
Sep 4, 2015
Sold by
Llbbd Llc
Bought by
Good Crystine
Seller's Agent
Jim Ring
Jim Ring Realty
Buyer's Agent
Kevin Walsh
Wilkinson ERA Real Estate
List Price
$439,000
Sold Price
$367,500
Premium/Discount to List
-$71,500
-16.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.74%
Original Mortgage
$267,500
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2013
Sold by
Jones William David and Jones Betty B
Bought by
Llbbd Llc
Purchase Details
Closed on
Jan 1, 2001
Bought by
Ring Cecil
Purchase Details
Closed on
Jun 2, 1992
Sold by
Blanchard Nicky Ronald
Bought by
Jones William David Betty B
Purchase Details
Closed on
Jul 1, 1991
Sold by
Hatcher Wade Hampton
Bought by
Blanchard Nicky Ronald
Purchase Details
Closed on
Apr 28, 1989
Sold by
Brewington D E
Bought by
Blanchard Nicky R
Purchase Details
Closed on
Dec 1, 1986
Sold by
Ring Cecil
Bought by
Brewington D E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jwest Capital Llc | $500,000 | None Listed On Document | |
| Kure Beach Nc Llc | -- | -- | |
| Depalma Jessica Elisha | $660,000 | -- | |
| Gf2017 Llc | $395,000 | None Available | |
| Williams Pamela S | $375,000 | None Available | |
| Good Crystine | $367,500 | None Available | |
| Llbbd Llc | -- | None Available | |
| Jones William David | -- | None Available | |
| Ring Cecil | -- | -- | |
| Jones William David Betty B | $99,000 | -- | |
| Blanchard Nicky Ronald | -- | -- | |
| Blanchard Nicky R | $14,000 | -- | |
| Brewington D E | $63,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Depalma Jessica Elisha | $520,000 | |
| Previous Owner | Gf2017 Llc | $335,750 | |
| Previous Owner | Williams Pamela S | $281,250 | |
| Previous Owner | Good Crystine | $267,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2023 07/25/23 | Sold | $725,000 | -2.0% | $817 / Sq Ft |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- |
| 04/16/2023 04/16/23 | For Sale | $740,000 | +12.1% | $834 / Sq Ft |
| 11/14/2022 11/14/22 | Sold | $660,000 | +1.5% | $290 / Sq Ft |
| 09/07/2022 09/07/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | For Sale | $650,000 | +64.6% | $286 / Sq Ft |
| 05/10/2019 05/10/19 | Sold | $395,000 | -7.1% | $445 / Sq Ft |
| 03/21/2019 03/21/19 | Pending | -- | -- | -- |
| 03/13/2019 03/13/19 | For Sale | $425,000 | +13.3% | $479 / Sq Ft |
| 05/31/2018 05/31/18 | Sold | $375,000 | -10.7% | $600 / Sq Ft |
| 04/25/2018 04/25/18 | Pending | -- | -- | -- |
| 05/10/2017 05/10/17 | For Sale | $419,900 | +14.3% | $672 / Sq Ft |
| 09/05/2015 09/05/15 | Sold | $367,500 | -16.3% | $243 / Sq Ft |
| 08/18/2015 08/18/15 | Pending | -- | -- | -- |
| 07/15/2015 07/15/15 | For Sale | $439,000 | -- | $291 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $3,188 | $426,700 | $220,000 | $206,700 |
| 2022 | $3,076 | $426,700 | $220,000 | $206,700 |
| 2021 | $0 | $426,700 | $220,000 | $206,700 |
| 2020 | $3,030 | $338,500 | $169,200 | $169,300 |
| 2019 | $3,030 | $338,500 | $169,200 | $169,300 |
| 2018 | $2,996 | $338,500 | $169,200 | $169,300 |
| 2017 | $2,894 | $338,500 | $169,200 | $169,300 |
| 2016 | $2,456 | $270,500 | $158,900 | $111,600 |
| 2015 | $2,260 | $270,500 | $158,900 | $111,600 |
| 2014 | $2,206 | $270,500 | $158,900 | $111,600 |
Source: Public Records
Agents Affiliated with this Home
-
Rainey Simmons
-
Dylan Kosinski
Buyer's Agent in 2023
Dylan Kosinski
Intracoastal Realty Corp
(910) 742-4963
4 in this area
180 Total Sales
-
Carol Ellington
Seller's Agent in 2022
Carol Ellington
Salt Water Real Estate LLC
(910) 368-7327
7 in this area
53 Total Sales
-
The Domenico Grillo Real Estate Team
T
Buyer's Agent in 2022
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
(910) 777-2200
3 in this area
661 Total Sales
-
Teresa Clontz
Seller's Agent in 2019
Teresa Clontz
Carolina Retreats Vacations LLC
(910) 612-2487
9 in this area
46 Total Sales
-
B
Seller's Agent in 2018
Brian Walsh
Wilkinson ERA Real Estate
Map
Source: Hive MLS
MLS Number: 100379398
APN: R09213-012-014-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
Nearby Homes
- 209 N Ave
- 121 N 4th Ave Unit A
- 230 Third Ave N Unit A
- 317 N Fort Fisher Blvd
- 221 N Ave
- 109 S 7th Ave
- 205 Fifth Ave S Unit B
- 512 Sandman Dr
- 205 S 6th Ave
- 410 N Fort Fisher Blvd
- 302 S 4th Ave
- 322 S 3rd Ave Unit B
- 326 3rd Ave S
- 326 3rd Ave S Unit B
- 326 3rd Ave S Unit A
- 417 Settlers Ln
- 330 Fourth Ave S
- 333 S 4th Ave
- 321 S 6th Ave
- 321 Fifth Ave S Unit A