NOT LISTED FOR SALE

1418 Bowfin Ln Unit 2 Carolina Beach, NC 28428

Estimated Value: $847,339 - $905,000

4 Beds
3.5 Baths
2,322 Sq Ft
$375/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $875,000 $377 Per Sq Ft

Current estimated payment $4,849/month

35 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Covered Patio or Porch

About This Home

As of April 2024

Looking for a luxurious high-end townhouse that's move-in ready to enjoy those Atlantic sunrises and salty breezes? Located outside of any respective flood zone, this home has both been a highly lucrative rental investment and the perfect get-a-way for its current owner to enjoy our year-round sand, salt, and sunshine! Newly painted inside and out, this 4 Bed and 3 1/2 bath townhome has it ALL! The Elevator is up to the Rental Code. The home has three expansive decks, two of which have Ocean views perfect for viewing the fireworks every Thursday evening throughout our festive summer season (we have an AMAZING community!). Located just steps from the beach, the home has an array of luxurious features including a private elevator, upscale coastal furnishings throughout, beautiful hardwood flooring and more! The kitchen boasts granite countertops, and stainless Whirlpool kitchen appliances, including a wine cooler, an island that seats four, and a variety of both indoor AND outdoor dining areas. There are SIX wall-mounted smart TVs located in each bedroom along with the primary AND roof-top family area. The house has an upgraded UV purification air-conditioning system, a tiled jacuzzi shower in the Master bathroom, a fully equipped Modern chef's kitchen inclusive of a char broil electric grill on the deck, and more. The single-car garage features a separate storage area for one's personal beach toys or that of an ''owners' storage'' for those looking at the potential of pursuing rental income while maintaining a separate personal space. The exterior of the home features a fully fenced-in backyard and a newly renovated outdoor shower. Location, Location, Location is STILL the greatest attribute of a super sought-after investment. Whether considered for a primary home, a versatile second home, or strictly as a turn-key income-producing investment, you've found a home that truly does it ALL!

Last Agent to Sell the Property

Carol Ellington

Salt Water Real Estate LLC License #263240 Listed on: 02/10/2024

Last Buyer's Agent

Aspyre Realty Group

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 2013

Lot Details

  • 1,089 Sq Ft Lot
  • Fenced Yard
  • Vinyl Fence
  • Irrigation

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,322 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Dryer

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Home Security

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number R09018-007-026-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,902

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2013
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Elevator, Furnished, Kitchen Island, Reverse Floor Plan, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • List Price per Sq Ft: 387.17
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2322.00
  • Total Heated Primary Separate Sq Ft: 2322.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Vinyl
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, See Remarks
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Garage Faces Front, Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum Charter
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 2041.00
  • Lot Acres: 0.03
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 1089.00
  • Lot Water Features: Third Row
  • Plat Book: 58
  • Plat Page: 351
  • Zoning: MH
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R09018-007-026-000
  • Tax Year: 2023
  • Total City Real Estate Property Tax: 938.26
  • Total Real Estate Property Taxes: 2902.06

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 28, 2024
Sold by
Karen Ann Sweatlock Revocable Trust and Sweatlock Karen A
Bought by
Rosette Ashleigh and Rosette Christopher
Seller's Agent
Carol Ellington
Salt Water Real Estate LLC
Buyer's Agent
Aspyre Realty Group
eXp Realty
List Price
$925,000
Sold Price
$875,000
Premium/Discount to List
-$50,000
-5.41%
Views
29
Current Estimated Value
$871,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,915
Avg. Annual Appreciation
-0.31%
Original Mortgage
$585,000
Outstanding Balance
$576,292
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$294,793

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 8, 2020
Sold by
Shauger Joseph and Shauger Melissa
Bought by
Sweatlock Karen Ann and Karen Ann Sweatlock Revocable Trust
Seller's Agent
Howard Barshay
Salt Water Real Estate LLC
Buyer's Agent
Carol Ellington
Salt Water Real Estate LLC
List Price
$569,000
Sold Price
$569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$455,200
Interest Rate
2.7%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Rosette Ashleigh $875,000 None Listed On Document
Sweatlock Karen Ann $569,000 None Available
Karen Ann Sweatlock Revocable Trust $569,000 Barnes Ned M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosette Ashleigh $585,000
Previous Owner Karen Ann Sweatlock Revocable Trust $455,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $875,000 -2.7% $377 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $899,000 -2.8% $387 / Sq Ft
02/10/2024 02/10/24 For Sale $925,000 +62.6% $398 / Sq Ft
12/22/2020 12/22/20 Sold $569,000 0.0% $245 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $569,000 +64.7% $245 / Sq Ft
01/21/2014 01/21/14 Sold $345,400 0.0% $168 / Sq Ft
11/30/2013 11/30/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $345,400 -- $168 / 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 $2,989 $436,400 $150,000 $286,400
2023 $2,989 $436,400 $150,000 $286,400
2022 $2,924 $436,400 $150,000 $286,400
2021 $3,011 $436,400 $150,000 $286,400
2020 $2,883 $360,400 $100,800 $259,600
2019 $2,883 $360,400 $100,800 $259,600
2018 $2,811 $360,400 $100,800 $259,600
2017 $2,865 $360,400 $100,800 $259,600
2016 $2,575 $300,100 $110,300 $189,800
2015 $2,428 $300,100 $110,300 $189,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100426912

Hive MLS

APN: R09018-007-026-000