Seller's Agent in 2022
Karen Drechsel
Intracoastal Realty Corp
(732) 492-7643
27 in this area
65 Total Sales
1408 Bonito Ln Unit 1 Carolina Beach, NC 28428
Estimated Value: $735,702 - $986,000
4
Beds
4
Baths
2,349
Sq Ft
4,792
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Den
- Carolina Beach Elementary School Rated A-
- Bonus Room
- Covered patio or porch
About This Home
As of December 2022Opportunity abounds in paradise! This duplex would make a wonderful second beach home, a fabulous primary residence, or a worthy investment property! Enjoy the ocean breezes from the 3 spacious decks of this 4 bedroom and 4 full bath home in one of the most popular areas of Carolina Beach, Mid-Island! Watch the summer fireworks from the rooftop deck equipped with a wet bar and den. A private elevator, hardwood floors, crown molding, 9' ceilings, granite counter tops, and maple cabinets add to the open living floor plan of this home. There is a wonderful guest / in-law suite on the ground floor with its own media room and full bath. Washer, dryer and refrigerator are included! Home can come partially furnished. Two new HVAC systems this year! The metal roof has been recently updated. No flood zone. Ocean Ave is getting a new sidewalk, already approved by NCDOT and funding is in place, so the short walk to your beach access, Ocean Grill with Tiki Bar, and the Island Greenway will be safe! Close to restaurants, shopping, Fort Fisher Aquarium, the NC Ferry to Southport, and a 25 minute drive to downtown Wilmington with a ''country's best'' Riverwalk. Short term rentals allowed. Come take a look today!
Last Agent to Sell the Property
Intracoastal Realty Corp License #291969 Listed on: 10/15/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,112
Year Built
- Built in 2005
Lot Details
- 4,792
Home Design
- Reverse Style Home
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,349 Sq Ft Home
- 4-Story Property
- Furnished or left unfurnished upon request
- Ceiling height of 9 feet or more
- Ceiling Fan
- Blinds
- Entrance Foyer
- Combination Dining and Living Room
- Den
- Bonus Room
Kitchen
- Stove
- <<builtInMicrowave>>
- Ice Maker
- Dishwasher
Flooring
- Wood
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- 4 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry in Hall
- Dryer
- Washer
Home Security
- Pest Guard System
- Termite Clearance
Parking
- 2 Parking Spaces
- Driveway
- Additional Parking
Accessible Home Design
- Accessible Elevator Installed
- Accessible Bathroom
- Accessible Entrance
Outdoor Features
- Deck
- Covered patio or porch
Location
- Flood Insurance May Be Required
Schools
- Carolina Beach Elementary School
- Murray Middle School
- Ashley High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number R09017-004-016-001
Community Details
Overview
- Property has a Home Owners Association
- Roof Maintained by HOA
- Wilmington Beach Subdivision
- Maintained Community
Security
- Resident Manager or Management On Site
- Security Lighting
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2022
Closed on
Dec 15, 2022
Sold by
Work James P and Work Mara L
Bought by
Mesa Enterprise Llc
Seller's Agent
Karen Drechsel
Intracoastal Realty Corp
Buyer's Agent
Amber;Hamm Harris
Intracoastal Realty Corp
List Price
$725,000
Sold Price
$680,000
Premium/Discount to List
-$45,000
-6.21%
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,676
Avg. Annual Appreciation
8.20%
Purchase Details
Listed on
May 10, 2018
Closed on
Jun 22, 2018
Sold by
Flake Alma Katherine and The Alma Katherine Flake Revoc
Bought by
Work James P and Work Mara L
Seller's Agent
Barbara Bass
Coastwalk Real Estate, LLC
Buyer's Agent
Karen Drechsel
Intracoastal Realty Corp
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.17%
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2008
Sold by
Flake Alma Katherine
Bought by
Flake Alma Katherine
Purchase Details
Closed on
May 2, 2006
Sold by
Level Five Development Llc
Bought by
Flake Alma Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 15, 2004
Sold by
Level 5 Development Llc
Bought by
Level 5 Development Llc
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 |
|---|---|---|---|
| Mesa Enterprise Llc | $680,000 | -- | |
| Work James P | $375,000 | None Available | |
| Flake Alma Katherine | -- | None Available | |
| Flake Alma Katherine | $495,000 | None Available | |
| Level 5 Development Llc | $1,670,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Work James P | $233,027 | |
| Previous Owner | Work James P | $265,000 | |
| Previous Owner | Flake Alma Katherine | $263,000 | |
| Previous Owner | Flake Alma Katherine | $295,000 | |
| Previous Owner | Flake Alma Katherine | $300,500 | |
| Previous Owner | Flake Alma Katherine | $396,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2022 12/16/22 | Sold | $680,000 | -2.9% | $289 / Sq Ft |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- |
| 10/23/2022 10/23/22 | Price Changed | $700,000 | -3.4% | $298 / Sq Ft |
| 10/15/2022 10/15/22 | For Sale | $725,000 | +93.3% | $309 / Sq Ft |
| 06/22/2018 06/22/18 | Sold | $375,000 | -9.6% | $160 / Sq Ft |
| 06/04/2018 06/04/18 | Pending | -- | -- | -- |
| 05/10/2018 05/10/18 | For Sale | $415,000 | -- | $177 / 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 | -- | $470,700 | $0 | $470,700 |
| 2022 | $3,205 | $464,500 | $0 | $464,500 |
| 2021 | $3,205 | $464,500 | $0 | $464,500 |
| 2020 | $2,611 | $326,400 | $0 | $326,400 |
| 2019 | $2,611 | $330,300 | $0 | $330,300 |
| 2018 | $2,576 | $330,300 | $0 | $330,300 |
| 2017 | $3,318 | $417,400 | $0 | $417,400 |
| 2016 | $2,541 | $296,200 | $0 | $296,200 |
| 2015 | $2,396 | $296,200 | $0 | $296,200 |
| 2014 | $2,337 | $296,200 | $0 | $296,200 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Drechsel
-
Amber;Hamm Harris
Buyer's Agent in 2022
Amber;Hamm Harris
Intracoastal Realty Corp
(910) 200-3723
17 in this area
351 Total Sales
-
B
Seller's Agent in 2018
Barbara Bass
Coastwalk Real Estate, LLC
Map
Source: Hive MLS
MLS Number: 100353933
APN: R09017-004-016-001
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
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