NOT LISTED FOR SALE

140 Seawatch Way Kure Beach, NC 28449

Estimated Value: $815,000 - $1,434,000

0.12 Acre
$9,851,633 Price per Acre
5,227 Sq Ft Lot

Last Sold January 29, 2023

Last sale price $620,000

Est. 91% increase in value since last sale

Current estimated payment $7,475/month

82 Days on Market

Highlights

  • Waterfront Community
  • Deeded access to the beach
  • Community Pool
  • Carolina Beach Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Lot

As of January 2023

Fantastic lot for sale in Seawatch, one of Kure Beach's most desired neighborhoods. Super short walk to the beach! Build-up for likely ocean views. This lot is outside of the flood zone, and measures approximately 20ft above sea level! The homesite is cleared and level with an existing landscape buffer along the rear property line. The site is adjacent to the community common area, so the location is highly coveted. Sit on your back deck or patio with more privacy than normal. Seawatch offers a large pool, clubhouse, playground, a grassy field, tennis court, a paved walking path, private beach access, an oceanfront ''tiki bar'' and restroom facilities.Use the builder you wish (if not already, they must be first approved by the board of directors), and build when you are ready. If you would like a list of already approved builders, this can be provided. Contact your agent for HOA Docs and architectural requirements. Seller financing available with 35% down, 7% interest-only for 5 years. Seller had NC Real Estate license.

Last Agent to Sell the Property

Justin Donaton

Coldwell Banker Sea Coast Advantage-CB License #235072 Listed on: 10/10/2022

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Andy Richardson

RE/MAX Essential License #238236

RE/MAX Essential

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,684

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned B-4

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Listing and Financial Details

  • Assessor Parcel Number R09200-001-213-000

Community Details

Overview

  • Property has a Home Owners Association
  • Seawatch Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Deeded access to the beach

Property Details

Property Type

Land

Est. Annual Taxes

$1,684

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 50

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Mgmt Fee, Park, Playground, Pool, Sidewalk, Street Lights, Tennis

Lot Info

  • Deed Book: 6555
  • Deed Page: 2695.00
  • Lot Sq Ft: 5227.00
  • Lot Water Features: Deeded Beach Access, Waterfront Comm
  • Plat Book: 39
  • Plat Page: 289
  • Zoning: B-4
  • Acres: 0.12
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 5400000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level

Tax Info

  • Tax Identifier: R09200-001-213-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1683.79

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Jan 17, 2023
Sold by
Cbkb Llc
Bought by
Alexander John and Alexander Kay
Seller's Agent
Justin Donaton
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Andy Richardson
RE/MAX Essential
List Price
$618,000
Sold Price
$620,000
Premium/Discount to List
$2,000
0.32%
Views
13
Current Estimated Value
$1,182,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,196
Avg. Annual Appreciation
27.00%

Purchase Details

Closed on
Aug 20, 2020
Sold by
Perduc Elma Wayne and Flina Wayne Perdue Trust
Bought by
107 Lake Park Llc

Purchase Details

Closed on
Feb 18, 2016
Sold by
Perdue Elma W and Perdue Peggy L
Bought by
Perdue Elam Wayne and Elma Wayne Perdue Trust

Purchase Details

Closed on
Jan 4, 2005
Sold by
Corcoran William E and Corcoran Linda M
Bought by
Perdue Elma W and Perdue Peggy L

Purchase Details

Closed on
Sep 6, 2001
Sold by
Sea Watch Llc
Bought by
Corcoran William E Linda M

Purchase Details

Closed on
Jul 8, 1999
Sold by
Inco United States Inc
Bought by
Sea Watch Llc
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
Alexander John $620,000 --
107 Lake Park Llc $255,000 None Available
Perdue Elam Wayne -- None Available
Perdue Elma W $520,000 None Available
Corcoran William E Linda M $85,000 --
Sea Watch Llc $4,300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2023 01/29/23 Sold $620,000 -4.3% --
12/31/2022 12/31/22 Pending -- -- --
12/13/2022 12/13/22 Price Changed $648,000 +4.9% --
10/10/2022 10/10/22 For Sale $618,000 -- --
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 -- $233,600 $233,600 $0
2022 $1,684 $233,600 $233,600 $0
2021 $0 $233,600 $233,600 $0
2020 $1,728 $193,100 $193,100 $0
2019 $1,728 $193,100 $193,100 $0
2018 $1,709 $193,100 $193,100 $0
2017 $1,651 $193,100 $193,100 $0
2016 $2,033 $223,900 $223,900 $0
2015 $1,871 $223,900 $223,900 $0
2014 $1,826 $223,900 $223,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100352987

Hive MLS

APN: R09200-001-213-000