NOT LISTED FOR SALE

Estimated Value: $825,346 - $924,000

2 Beds
2 Baths
1,378 Sq Ft
$595/mo HOA Fee

Last Sold October 30, 2020

Last sale price $518,000 $376 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,260/month

167 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • In Ground Pool
  • Morehead City Primary School Rated A-
  • Fitness Center
  • Ocean Side of Freeway

About This Home

As of October 2020

LUXURY living in Indian Beach, NC. Beautifully decorated and superior ocean views of the Atlantic, this condo offers it all. The Grande Villas at the Preserve is an exclusive complex and popular resort vacation spot for summers guests, second home owners or primary home owners. The living room has a muted, blue color scheme, accented with brushed-gold toned fixtures providing a chic, coastal vibe. This is a turn-key opportunity to purchase a fully furnished two bedroom, two full-bath condo on the sixth level with an established rental income with waterviews of the ocean and sound. The gourmet kitchen is equipped with stainless steel appliances, granite countertops and fully stocked for with dinnerware, pots, pans and everything needed to enjoy a full summer season. The floors are 18''limestone tile in the living room and kitchen and LVP in the bedrooms with 12'' ceramic tiles in the second bath. The complex has an oceanfront swimming pool, inviting lobby and Osprey Club lounge for get-togethers, outdoor firepit, oceanview fitness center, arcade with foosball table and lastly the ''Bark Park'' for your favorite furry friends. This is a unique and beautiful property with something for everyone to enjoy. Come take a look to see this fabulous coastal condo.

Last Listed By

Heather Singleton

Emerald Isle Realty License #236652 Listed on: 03/16/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18

Year Built

  • Built in 2007

Lot Details

  • 261

HOA Fees

  • $595 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Steel Frame
  • Metal Roof
  • Concrete Siding
  • Piling Construction
  • Stick Built Home
  • Synthetic Stucco Exterior

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Ocean Side of Freeway
  • Balcony
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Private Sewer
  • Cable TV Available

Additional Features

  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 6334.10.37.93570k6

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Grande Villas At The Preserve Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

Security

  • Security Service
  • Resident Manager or Management On Site
  • Security Lighting
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$18

Year Built

Built in 2007

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 4th Floor or Higher Unit, One
  • Year Built: 2007
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 9Ft+ Ceilings, Furnished, Walk-in Shower, Solid Surface, Pantry, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 388.24
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 1378.00
  • Total Heated Primary Separate Sq Ft: 1378.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Windows, Security Lighting
  • Exterior Finish: Synthetic Stucco
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: assigned #85/#41
  • Parking Driveway: Assigned, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Private Sewer
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Roof, Trash, Taxes, Street Lights, Storage, Sewer, Security, Fitness Center, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance, Clubhouse
  • HOAAssociationFee1Year: 7143.00

Lot Info

  • Deed Page: 151.00
  • Lot Water Features: Ocean Side, Water Access Comm, Waterfront Comm
  • Plat Book: 10t
  • Plat Page: 397
  • Special Assessments: NKA
  • Zoning: RES
  • Lot View Type: Ocean View, Water View, Sound View

Tax Info

  • Tax Identifier: 6334.10.37.93570k6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Oct 10, 2020
Sold by
Safavi Afshin and Safavi Atousa
Bought by
Lowdon Jack and Lowdon Bevelry
Seller's Agent
Heather Singleton
Emerald Isle Realty
Buyer's Agent
Heather Singleton
Emerald Isle Realty
List Price
$535,000
Sold Price
$518,000
Premium/Discount to List
-$17,000
-3.18%
Total Days on Market
167
Current Estimated Value
$878,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,587
Avg. Annual Appreciation
12.81%

Purchase Details

Closed on
Oct 10, 2012
Sold by
Indian Beach Acquisition Llc
Bought by
Safavi Afshin and Safavi Atousa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.4%
Mortgage Type
New Conventional

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
Lowdon Jack $518,000 None Available
Safavi Afshin $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safavi Afshin $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $518,000 -3.2% $376 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $535,000 -- $388 / 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 $18 $512,940 $0 $512,940
2023 $1,759 $512,940 $0 $512,940
2022 $1,708 $512,940 $0 $512,940
2021 $0 $512,940 $0 $512,940
2020 $1,708 $512,940 $0 $512,940
2019 $1,705 $545,000 $0 $545,000
2017 $1,705 $545,000 $0 $545,000
2016 $1,705 $545,000 $0 $545,000
2015 $2,931 $545,000 $0 $545,000
2014 -- $590,000 $0 $590,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100209498

Hive MLS

APN: 6334.10.37.93570K6