NOT LISTED FOR SALE

1500 Drill Shell Ln Carolina Beach, NC 28428

Estimated Value: $719,717 - $1,214,000

4 Beds
4 Baths
2,475 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $175,000 $71 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $4,755/month

176 Days on Market

Highlights

  • 0.34 Acre Lot
  • Deck
  • 1 Fireplace
  • Carolina Beach Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of July 2016

Large beach home on two buildable lots at end of cul-de-sac full of charming homes. Lovely 100x150 lot with mature live oaks. Large backyard and deck for relaxation and entertaining. Very close to public boat launch and plenty of room to keep your boat. Also close to shopping, restaurants, post office and state park. Easy access on and off the island. Home needs TLC and offers great potential. Buy this diamond in the rough or enjoy the opportunity to have the property split into two lots.

Last Agent to Sell the Property

Matthew Giggey

Giggey Real Estate License #209907 Listed on: 01/20/2016

Last Buyer's Agent

Eugene Blake

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Cul-De-Sac
  • Property is zoned R-2

Home Design

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

Interior Spaces

  • 2,475 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking
  • Off-Street Parking

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3131-42-7432.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,064

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 368.00
  • Directions To Property: $21 S (Carolina Beach Rd) to Carolina Beach, proceed over Snow's Cut Bridge, Take left at first stop light, follow to end and turn right on to Spencer Farlow, turn right on Drill Shell, property is on left at end of street.
  • Document Count: 3
  • Fencing: None
  • Fireplace: 1
  • Foundation: Slab
  • Fuel Tank: None
  • H O A: No
  • Listing I D: 30532531
  • List Priceper Sq Ft: 100.97
  • Location Type: Island
  • Lot Acres: 0.34
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 100x150
  • Lot Sq Ft: 14810.00
  • Marketing City: Wilmington
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • School District: New Hanover
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: Yes
  • Sq Ft Heated: 2475.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 3131-42-7432.000
  • Tax Year: 2016
  • Terms: Cash
  • Total City Real Estate Property Tax: 2064.00
  • Total Real Estate Property Taxes: 2064.00
  • Total Heated Primary Separate Sq Ft: 2475.00
  • Year Built: 1965
  • Zoning: R-2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom1 Level: First
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Roof: Shingle

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Garage And Parking Other See Remarks: Pad
  • Parking Driveway: Off Street, Paved

Utilities

  • Heated Sq Ft: 2400 - 2599
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2020
Sold by
Hatley Joanne and Gaskins Cecil M
Bought by
Deeter Benjamin Alan and Deeter Marianne Morgan
Current Estimated Value
$863,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2016
Closed on
Jul 20, 2016
Sold by
Klos Christopher H and Yauger Klos Roberta Lynne
Bought by
Hatley Joanne and Gaskins Cecil M
Seller's Agent
Matthew Giggey
Giggey Real Estate
Buyer's Agent
Eugene Blake
Coldwell Banker Sea Coast Advantage
List Price
$249,900
Sold Price
$175,000
Premium/Discount to List
-$74,900
-29.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%

Purchase Details

Closed on
Oct 27, 2004
Sold by
Wood John Thomas Bernice L
Bought by
Klos Christopher H

Purchase Details

Closed on
Mar 1, 1987
Sold by
Wood John Thomas
Bought by
Wood John Thomas Bernice

Purchase Details

Closed on
Jun 1, 1968
Bought by
Wood John Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deeter Benjamin Alan $430,000 None Available
Hatley Joanne $175,000 None Available
Klos Christopher H $191,500 --
Wood John Thomas Bernice -- --
Wood John Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deeter Benjamin Alan $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $175,000 -30.0% $71 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $249,900 -- $101 / 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
2025 $2,902 $648,200 $446,700 $201,500
2023 $2,351 $353,500 $227,700 $125,800
2022 $2,368 $353,500 $227,700 $125,800
2021 $2,439 $353,500 $227,700 $125,800
2020 $2,130 $266,200 $144,100 $122,100
2019 $2,130 $266,200 $144,100 $122,100
2018 $2,047 $266,200 $144,100 $122,100
2017 $2,116 $266,200 $144,100 $122,100
2016 $2,189 $255,100 $122,100 $133,000
2015 $2,064 $255,100 $122,100 $133,000
2014 $2,013 $255,100 $122,100 $133,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matthew Giggey

    Giggey Real Estate

  • E

    Buyer's Agent in 2016

    Eugene Blake

    Coldwell Banker Sea Coast Advantage

  • Buddy Blake

    Buyer's Agent in 2016

    Buddy Blake

    Coldwell Banker Sea Coast Advantage

    (910) 262-7006

    11 in this area

    406 Total Sales

    Buddy Blake
    Section Image
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Map

Source: Hive MLS

MLS Number: 30532531

Hive MLS

APN: R08806-004-014-000

North Carolina New Hanover County Carolina Beach 28428

1500 Drill Shell Ln, Carolina Beach, NC

Not Listed for Sale

Detached

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