NOT LISTED FOR SALE

1437 Fort Fisher Blvd S Unit H2 Kure Beach, NC 28449

Estimated Value: $343,558 - $378,000

1 Bed
1 Bath
710 Sq Ft
$423/mo HOA Fee

Last Sold August 17, 2021

Last sale price $325,000 $458 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,437/month

28 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Balcony
  • Carolina Beach Elementary School Rated A-
  • Community Pool
  • Picnic Area

About This Home

As of August 2021

Premier end unit, crabby chic, fully renovated condo with $30,000 rental potential. Quartz countertops in kitchen AND bathroom AND fully tiled shower. Quartz backsplash in kitchen and expensive, sturdy furniture gets top dollar rentals throughout the year with this scenario. The end unit offers views down the coastline in addition to the ocean front view. Spacious balcony with quality outdoor furniture. No popcorn ceilings here. To die for views in well managed community. Instead of paying $400,000 in Wrightsville Beach for small 1BR Kure offers great value in a more private setting with an extra 200 sq ft. Great picnic area. 2 acres across street owned by community as well!

Last Agent to Sell the Property

Jay Seville

eXp Realty Listed on: 06/11/2021

Last Buyer's Agent

Renee Reitzel

Nest Realty License #301697

Nest Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1984

HOA Fees

  • $423 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Community Sewer or Septic

Additional Features

  • Balcony
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number R09320-001-002-02h

Community Details

Overview

  • The Riggings Condominium Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,176

Year Built

Built in 1984

Lot Details

0

HOA Fees

$423 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 492.82
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 1
  • Sq Ft Heated: 710.00
  • Total Heated Primary Separate Sq Ft: 710.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: See Remarks
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Assigned, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Washer, Microwave - Built-In, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Community Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Picnic Area
  • HOAAssociationFee1Year: 5076.00

Lot Info

  • Deed Page: 1616.00
  • Zoning: RA-3A

Tax Info

  • Tax Identifier: R09320-001-002-02h
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 446.00
  • Total Real Estate Property Taxes: 1176.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Ferraro Michael F and Ferraro Amanda
Bought by
A & M Properties Of Kure Beach Llc
Current Estimated Value
$359,390

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 6, 2021
Sold by
Kaltas Michael Alan and Kaltas Nicole Teresa
Bought by
Ferraro Michael F and Ferraro Amanda
Seller's Agent
Jay Seville
eXp Realty
Buyer's Agent
Renee Reitzel
Nest Realty
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Original Mortgage
$236,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2020
Sold by
Miller Johanna
Bought by
Kaltsas Michael Alan and Kaltsas Nicole Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2009
Sold by
Marsoobian George G and Marsoobian Deborah L
Bought by
Miller Robert and Miller Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 2004
Sold by
Kapordelis Gregory Charles
Bought by
Marsoobian George G Deborah L

Purchase Details

Closed on
Oct 16, 2001
Sold by
Lmr Partners Inc
Bought by
Kapordelis Gregory Charles

Purchase Details

Closed on
Aug 10, 2001
Sold by
Wilson Bobby T Patricia A
Bought by
Lmr Partners Inc

Purchase Details

Closed on
Sep 1, 1982
Sold by
Riggings Inc The
Bought by
Wilson Bobby T Patricia A

Purchase Details

Closed on
Mar 1, 1982
Bought by
Riggings Inc The
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
A & M Properties Of Kure Beach Llc -- None Listed On Document
A & M Properties Of Kure Beach Llc -- None Listed On Document
Ferraro Michael F $325,000 None Available
Kaltsas Michael Alan $189,000 None Available
Miller Robert $169,000 None Available
Marsoobian George G Deborah L $110,000 --
Kapordelis Gregory Charles $62,500 --
Lmr Partners Inc -- --
Wilson Bobby T Patricia A $62,000 --
Riggings Inc The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferraro Michael F $236,250
Previous Owner Kaltsas Michael Alan $141,750
Previous Owner Miller Robert $142,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $325,000 -7.1% $458 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $349,900 -- $493 / 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 $1,393 $188,300 $0 $188,300
2023 $1,393 $188,300 $0 $188,300
2022 $1,357 $188,300 $0 $188,300
2021 $0 $188,300 $0 $188,300
2020 $1,176 $131,400 $0 $131,400
2019 $1,176 $131,400 $0 $131,400
2018 $1,163 $131,400 $0 $131,400
2017 $1,123 $131,400 $0 $131,400
2016 $941 $103,600 $0 $103,600
2015 $866 $103,600 $0 $103,600
2014 $845 $103,600 $0 $103,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100276080

Hive MLS

APN: R09320-001-002-02H