NOT LISTED FOR SALE

1404 N Lumina Ave Wrightsville Beach, NC 28480

Estimated Value: $1,572,000 - $3,289,000

5 Beds
4 Baths
2,442 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $650,000 $266 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $14,099/month

542 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Wrightsville Beach Elementary School Rated A-
  • Corner Lot
  • Porch

About This Home

As of December 2014

Here is a great opportunity to own a classic Wrightsville Beach cottage, just a block away from the ocean. The house is currently set up as two apartments - a three bedroom, two bath unit on the top level (with a nice ocean view) and a two bedroom, two bath unit on the lower level. Each unit is over 1200 sq. ft. with wide porches to take advantage of the ocean breezes. The home is on pilings, which allows for up to nine parking spaces below. On-site parking is a precious commodity at the beach. This property offers a few options - maintain it as an investment property with long or short term rentals, live in the upper unit and rent the lower to help cover the mortgage or convert the house into a great two story beach home. Whichever option you choose, this home is sure to please.

Last Agent to Sell the Property

Russ May

RE/MAX Essential License #91600 Listed on: 06/07/2013

RE/MAX Essential

Last Buyer's Agent

Carrie Upchurch

Coldwell Banker Sea Coast Advantage License #271083

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,172

Year Built

  • Built in 1948

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 50x80
  • Corner Lot

Parking

  • 6 Attached Carport Spaces

Home Design

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

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • North Shore Subdivision

Listing and Financial Details

  • Tax Lot 7873
  • Assessor Parcel Number 316719.62.0176.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,172

Year Built

Built in 1948

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: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades
  • List Price per Sq Ft: 296.48
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2442.00
  • Total Heated Primary Separate Sq Ft: 2442.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 6.00
  • Total Carport Spaces: 6.00
  • Parking Driveway: Carport, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Dryer
  • 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: 598.00
  • Lot Acres: 0.09
  • Lot Description: Corner Lot
  • Lot Dimensions: 50x80
  • Lot Number: 7873
  • Lot Sq Ft: 4000.00
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 316719.62.0176.000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 1998
Sold by
Ritchie Nancy W
Bought by
Ritchie Nancy W Family Trust
Current Estimated Value
$2,513,266

Purchase Details

Closed on
Sep 30, 1991
Sold by
Ritchie George P Jr Nancy W
Bought by
Ritchie Nancy W

Purchase Details

Closed on
Aug 1, 1983
Sold by
Ritchie George P Jr Nancy W
Bought by
Ritchie George P Jr Nancy W

Purchase Details

Closed on
May 1, 1979
Bought by
Egan David R Melinda
Source: Public Records

Range of Values:

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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
Ritchie Nancy W Family Trust -- --
Ritchie Nancy W -- --
Ritchie George P Jr Nancy W -- --
Ritchie George P Jr Nancy W $61,000 --
Egan David R Melinda $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valea Fidel A $944,000
Closed Valea Fidel A $125,000
Closed Valea Fidel A $1,020,000
Closed Valea Fidel A $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $650,000 -29.7% $266 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
06/07/2013 06/07/13 For Sale $925,000 -- $379 / 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 $5,172 $953,700 $675,000 $278,700
2023 $5,172 $953,700 $675,000 $278,700
2022 $5,220 $953,700 $675,000 $278,700
2021 $5,410 $953,700 $675,000 $278,700
2020 $5,694 $834,300 $534,000 $300,300
2019 $5,694 $629,300 $534,000 $95,300
2018 $4,295 $629,300 $534,000 $95,300
2017 $4,567 $654,800 $534,000 $120,800
2016 $5,725 $757,300 $600,000 $157,300
2015 $5,354 $757,300 $600,000 $157,300
2014 $5,203 $757,300 $600,000 $157,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30491956

Hive MLS

APN: R05716-007-001-000