NOT LISTED FOR SALE

1437 Fort Fisher Blvd S Unit L2 Kure Beach, NC 28449

Estimated Value: $332,000 - $350,514

1 Bed
1 Bath
725 Sq Ft
$452/mo HOA Fee

Last Sold February 04, 2022

Last sale price $312,000 $430 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,473/month

24 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Furnished
  • Carolina Beach Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Balcony

About This Home

As of February 2022

Second floor end unit in popular The Riggings Condominium complex. Fully furnished unit with one bedroom and built-in bunk bed alcove has excellent rental income. Sleeps 6 comfortably. Private pool area, grills and plenty of beach to enjoy yourself. Ideal south end location only 5 minutes to aquarium and Ft Fisher Ferry. New windows and patio doors recently installed. Complex also has overflow parking across the street sited on a 2.2 acre parcel that each unit has 1/48th ownership in.

Last Agent to Sell the Property

Brent Hood

Hood Land Company License #201656 Listed on: 12/13/2021

Last Buyer's Agent

Kristin Ferris

RE/MAX Essential License #325588

RE/MAX Essential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,393

Year Built

  • Built in 1982

HOA Fees

  • $452 Monthly HOA Fees

Home Design

  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • On-Site Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

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

Community Details

Overview

  • Master Insurance
  • The Riggings Condominium Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Picnic Area
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,393

Year Built

Built in 1982

Lot Details

0

HOA Fees

$452 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: See Remarks
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1982
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades, Furnished
  • List Price per Sq Ft: 453.79
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 1
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Sq Ft Heated: 725.00
  • Total Heated Primary Separate Sq Ft: 725.00

Exterior Features

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

Garage/Parking

  • Garage And Parking Other See Remarks: 2
  • Parking Driveway: Assigned, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Water, Flood Insurance, Sewer, Picnic Area, Owner Pets Only, Master Insure, Maint - Grounds, Maint - Comm Areas, Community Pool
  • HOAAssociationFee1Year: 5424.00

Lot Info

  • Deed Page: 1137.00
  • Special Assessments: $2,500 to be paid by seller
  • Zoning: RA-3A
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R09320-001-002-02l
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Feb 1, 2022
Sold by
Simmons Stephen L and Simmons Carole F
Bought by
Engstrom Russell and Engstrom Kellie
Seller's Agent
Brent Hood
Hood Land Company
Buyer's Agent
Kristin Ferris
RE/MAX Essential
List Price
$329,000
Sold Price
$312,000
Premium/Discount to List
-$17,000
-5.17%
Total Days on Market
24
Current Estimated Value
$340,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,629
Avg. Annual Appreciation
2.66%
Original Mortgage
$274,500
Outstanding Balance
$260,950
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$79,679

Purchase Details

Closed on
Jan 19, 2011
Sold by
Gilligan Robert F and Gilligan Colleen
Bought by
Simmons Stephen L and Simmons Carole F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,250
Interest Rate
4.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Winner W W Shirley A
Bought by
Gilligan Robert F

Purchase Details

Closed on
Mar 9, 2000
Sold by
Winner W W Ii Tammy J
Bought by
Winner W W Shirley A

Purchase Details

Closed on
Mar 16, 1999
Sold by
Anderson Audrey
Bought by
Winner Ii W W

Purchase Details

Closed on
Jan 23, 1996
Sold by
Woodbury Virginia C
Bought by
Winner Ii W W

Purchase Details

Closed on
Jun 16, 1995
Sold by
Smith John R Patricia E
Bought by
Woodbury Virginia C

Purchase Details

Closed on
Jun 1, 1988
Sold by
Rodger Alexander M
Bought by
Smith John R Patricia E

Purchase Details

Closed on
Dec 1, 1982
Sold by
Riggings Inc The
Bought by
Rodger Alexander M

Purchase Details

Closed on
Mar 1, 1982
Bought by
Riggings Inc The
Source: Public Records

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Range of Values:

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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
Engstrom Russell $312,000 Humphries Justin
Simmons Stephen L $125,000 None Available
Gilligan Robert F $95,000 --
Winner W W Shirley A -- --
Winner Ii W W -- --
Winner Ii W W $57,000 --
Woodbury Virginia C $57,000 --
Smith John R Patricia E $50,000 --
Rodger Alexander M $62,000 --
Riggings Inc The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engstrom Russell $274,500
Previous Owner Simmons Stephen L $126,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $312,000 -5.2% $430 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/13/2021 12/13/21 For Sale $329,000 -- $454 / 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 $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 $993 $109,400 $0 $109,400
2015 $914 $109,400 $0 $109,400
2014 $892 $109,400 $0 $109,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100304546

Hive MLS

APN: R09320-001-002-02L