$680,000
SOLD DEC 16, 2022

1408 Bonito Ln Unit 1 Carolina Beach, NC 28428

4 Beds
4 Baths
2,349 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$289 Per Sq Ft

6% Below List Price

37 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Carolina Beach Elementary School Rated A-
  • Bonus Room
  • Covered patio or porch

About This Home

As of December 2022

Opportunity 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

Karen Drechsel

Intracoastal Realty Corp License #291969 Listed on: 10/15/2022

Intracoastal Realty Corp

Last Buyer's Agent

Amber;Hamm Harris

Intracoastal Realty Corp License #237055

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 2005

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,112

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Entrance, Bathroom, Elevator
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 3 Story or More, Half Building
  • Year Built: 2005
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Elevator, Foyer, In-Law Quarters, Reverse Floor Plan, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 298.00
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: First
  • Bonus Room Level: Fourth
  • Den Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Separate Living Spcs Addl Suite Desc: 1st floor br/lr/bath
  • Sq Ft Heated: 2349.00
  • Total Heated Primary Separate Sq Ft: 2349.00
  • Furnished: Unfurnished

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: golf cart
  • Parking Driveway: Additional Parking, Concrete
  • Garage and Parking Under House: 1

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer Available, Municipal Water Available
  • Water Heater: Electric
  • Internet Service Provider: ATT, Suburban
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Maint - Comm Areas, Maintenance Structure, Management, Pest Control, Roof, Taxes, Termite Bond

Condo/Co-op/Association

  • Unit Type: 4+ Bedroom

Lot Info

  • Deed Book: 6150
  • Deed Page: 2811.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Number: 8
  • Lot Sq Ft: 2349.00
  • Lot Water Features: None
  • Plat Book: 15
  • Plat Page: 150
  • Zoning: MH

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R09017-004-016-001
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 3112.15

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 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
$832,676

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $680,000 --
Warranty Deed $375,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $495,000 None Available
Deed $1,670,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $233,027 New Conventional
Previous Owner $265,000 New Conventional
Previous Owner $263,000 New Conventional
Previous Owner $295,000 New Conventional
Previous Owner $300,500 Unknown
Previous Owner $396,000 Purchase Money Mortgage
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

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 -- $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

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Map

Source: Hive MLS

MLS Number: 100353933

Hive MLS

APN: R09017-004-016-001