NOT LISTED FOR SALE

1437 S Fort Fisher Blvd Unit E-1 Kure Beach, NC 28449

Estimated Value: $326,000 - $336,000

1 Bed
1 Bath
756 Sq Ft
$424/mo HOA Fee

Last Sold December 12, 2018

Last sale price $145,000 $192 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,384/month

1,012 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Community Pool
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Patio

About This Home

As of December 2018

First floor corner oceanfront condo in popular Kure Beach! Terrific investment opportunity - use this as your beach getaway and/or rental income property. Good rental history. Well-maintained, fully furnished except for personal items and some artwork. Easily sleeps six (6), move-in ready. Beach, barbeque area, and beautiful community pool are only steps from the patio. Also included is part ownership with the other owners in a 2.25-acre developmental parcel across the street. Parcel is adjacent to a 24-space spillover parking lot for unit owners and guests. Strong HOA. Enjoy the relaxing feel of this southern part of the island, and yet be close to the Kure Beach shopping/restaurant scene, Kure Beach Pier, NC Aquarium and Fort Fisher historical area. You're also just minutes from

Last Agent to Sell the Property

Matthew Giggey

Giggey Real Estate License #209907 Listed on: 01/04/2016

Last Buyer's Agent

Aimee Freeman

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,266

Year Built

  • Built in 1982

HOA Fees

  • $424 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Cable TV Available

Additional Features

  • Patio
  • Ocean Front

Listing and Financial Details

  • Tax Lot 1292
  • Assessor Parcel Number R0932000100201e

Community Details

Overview

  • Master Insurance
  • The Riggings Condominium Subdivision
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,266

Year Built

Built in 1982

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit
  • Year Built: 1982
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 202.25
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 756.00
  • Total Heated Primary Separate Sq Ft: 756.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Parking Driveway: Assigned, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Pest Control, Water, Trash, Termite Bond, Sewer, Picnic Area, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Comm Areas
  • HOAAssociationFee1Year: 5088.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1393.00
  • Lot Dimensions: Condo
  • Lot Number: 1292
  • Zoning: RA-3A
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R0932000100201e
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Oct 31, 2018
Sold by
Klatt Shawn M and Galindo Edin Amado
Bought by
Davis Daniel
Seller's Agent
Matthew Giggey
Giggey Real Estate
Buyer's Agent
Aimee Freeman
Keller Williams Innovate-Wilmington
List Price
$147,900
Sold Price
$145,000
Premium/Discount to List
-$2,900
-1.96%
Total Days on Market
1012
Current Estimated Value
$330,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,215
Avg. Annual Appreciation
13.45%
Original Mortgage
$94,000
Interest Rate
4.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 30, 2012
Sold by
Klatt Shawn M and Estate Of Duane R Klatt
Bought by
Klatt Shawn M and Klatt Pamela K

Purchase Details

Closed on
Jul 27, 2006
Sold by
Beaucatcher Properties Llc
Bought by
Klatt Shawn M and Klatt Duane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Michael Wade Allen
Bought by
Beaucatcher Properties Llc Eta

Purchase Details

Closed on
Jan 31, 2002
Sold by
Ellis Lucy S
Bought by
Michael Wade Allen

Purchase Details

Closed on
Aug 1, 1983
Sold by
Riggings Inc The
Bought by
Ellis Lucy S

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
Davis Daniel $145,000 None Available
Klatt Shawn M -- None Available
Klatt Shawn M $210,000 None Available
Beaucatcher Properties Llc Eta $80,500 --
Michael Wade Allen $72,000 --
Ellis Lucy S $67,500 --
Riggings Inc The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Daniel $98,600
Closed Davis Daniel $94,000
Previous Owner Klatt Shawn M $167,431
Previous Owner Klatt Shawn M $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $145,000 -2.0% $192 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
01/04/2016 01/04/16 For Sale $147,900 -- $196 / 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 $1,266 $171,100 $0 $171,100
2023 -- $171,100 $0 $171,100
2022 $0 $171,100 $0 $171,100
2021 $1,176 $171,100 $0 $171,100
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: 30531854

Hive MLS

APN: R09320-001-002-01E