NOT LISTED FOR SALE

1407 Inlet St Sunset Beach, NC 28468

Estimated Value: $571,000 - $768,000

3 Beds
2 Baths
1,385 Sq Ft
$515/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $317,000 $229 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,990/month

485 Days on Market

Highlights

  • Ocean View
  • 1 Fireplace
  • No HOA
  • Deck
  • Furnished
  • Porch

About This Home

As of July 2020

Adorable beach home at the west end of Sunset Beach.Sit on the front porch and hear the ocean surf because the neighborhood is so quiet and peaceful,and in close proximity to the strand.This 2 bedroom 2 bath by county records has a lot of potential because it can really be 4 bedrooms.The downstairs bedroom has a second sleeping area for a family wanting to have privacy from other family members or additional dressing/storage w/closet,while vacationing a week or a lifetime. One bedroom lacks closet , but has views.Large living room, dining room combination with vaulted ceilings gives the home a very open feeling.Sliding glass doors lead to the outdoor deck to extend entertaining outdoors.Master bedroom is on the first floor with two bedrooms upstairs. One upstairs bedroom has a deck with a view of the ocean and the inlet.

Last Agent to Sell the Property

Wendy Milligan

Coldwell Banker Sloane Realty OIB License #43361 Listed on: 02/08/2019

Coldwell Banker Sloane Realty OIB

Last Buyer's Agent

Marty Pennell

Weichert Realtors Team Metro License #266731

Weichert Realtors Team Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1983

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 59x90
  • Property fronts a marsh

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Ocean Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 263aa022

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,096

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 249.10
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1385.00
  • Total Heated Primary Separate Sq Ft: 1385.00

Exterior Features

  • Exterior Features: Storm Doors, Storm Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Water Tap Available, Septic On Site, Community Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 700.00
  • Lot Acres: 0.25
  • Lot Dimensions: 59x90
  • Lot Sq Ft: 10890.00
  • Zoning: RES
  • Lot View Type: Marsh View, Water View, Ocean View

Tax Info

  • Tax Identifier: 263aa022
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Jul 10, 2020
Sold by
Lowe Mark T and Lowe Janet D
Bought by
Pennell Marty Andrew and Pennel Jennifer Miller
Seller's Agent
Wendy Milligan
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Marty Pennell
Weichert Realtors Team Metro
List Price
$397,500
Sold Price
$317,000
Premium/Discount to List
-$80,500
-20.25%
Current Estimated Value
$712,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,863
Avg. Annual Appreciation
16.55%
Original Mortgage
$149,000
Outstanding Balance
$132,123
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$580,740

Purchase Details

Closed on
Dec 5, 2006
Sold by
Lowe Mark T and Lowe Janet D
Bought by
Lowe Mark T and Lowe Janet D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,483
Interest Rate
6.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pennell Marty Andrew $317,000 Chicago Title Insurance Co
Lowe Mark T $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennell Marty Andrew $149,000
Previous Owner Lowe Mark T $400,483
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $317,000 -20.3% $229 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
02/08/2019 02/08/19 For Sale $397,500 -- $287 / 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 $3,096 $576,830 $204,000 $372,830
2024 $3,096 $576,830 $204,000 $372,830
2023 $2,559 $576,830 $204,000 $372,830
2022 $2,559 $367,300 $159,380 $207,920
2021 $2,559 $367,300 $159,380 $207,920
2020 $2,559 $367,300 $159,380 $207,920
2019 $2,559 $159,380 $159,380 $0
2018 $2,392 $339,290 $162,500 $176,790
2017 $2,313 $162,500 $162,500 $0
2016 $2,288 $162,500 $162,500 $0
2015 $2,288 $339,290 $162,500 $176,790
2014 $2,481 $434,930 $330,000 $104,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100149586

Hive MLS

APN: 263AA022