$375,000
SOLD JUN 22, 2018

1408 Bonito Ln Unit 1 Carolina Beach, NC 28428

4 Beds
4 Baths
2,349 Sq Ft
$137/mo HOA Fee

Recently Sold

$160 Per Sq Ft

10% Below List Price

25 Days on Market

Highlights

  • Ocean View
  • Deck
  • Covered Patio or Porch
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of December 2022

Enjoy the ocean breezes from the 3 spacious decks of this home in one of the most popular areas of Carolina Beach. Watch the summer fireworks from the rooftop deck equipped with a wet bar. 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. Wonderful guest area on the ground floor with its own media room. Nearby to the beach and the neighborhood Ocean Grill and Tiki Bar. It's Priced to Sell and would make a wonderful beach home or a primary residence!Close to restaurants, shopping, Fort Fisher Aquarium and the NC Ferry to Southport.

Last Agent to Sell the Property

Barbara Bass

Coastwalk Real Estate, LLC Listed on: 05/10/2018

Last Buyer's Agent

Karen Drechsel

Intracoastal Realty Corp License #291969

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

HOA Fees

  • $137 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,349 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Home Security

Parking

  • 3 Parking Spaces
  • 1 Attached Carport Space
  • Lighted Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Doors
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number R09017-004-016-001

Community Details

Overview

  • Wilmington Beach Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 4th Floor or Higher Unit
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Wet Bar, Walk-In Closet, Sprinkler System, Smoke Detectors, Elevator, Foyer, Ceiling Fan(s)
  • Laundry Location: Closet, Hookup - Washer, Hookup - Dryer, Hall
  • List Price per Sq Ft: 176.67
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: First
  • Family Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2349.00
  • Total Heated Primary Separate Sq Ft: 2349.00

Exterior Features

  • Exterior Features: DP50 Windows, Thermal Doors, Thermal Windows, Irrigation System
  • Exterior Finish: Composition, Fiber Cement, Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Open, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Carport, Lighted, Shared, Paved, Off Street

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Disposal, Dishwasher
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 1644.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2533.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 5000.00
  • Plat Book: 2533
  • Plat Page: 5510
  • Zoning: MH
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R09017-004-016-001
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 3318.00

MLS Schools

  • School District: New Hanover

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
$799,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,207
Avg. Annual Appreciation
6.43%

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

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 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 $265,000 New Conventional
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: 100115547

Hive MLS

APN: R09017-004-016-001