Seller's Agent in 2025
Will Daube
Cadence Realty Corporation
(910) 409-3605
1 in this area
6 Total Sales
1502 N Lumina Ave Wrightsville Beach, NC 28480
Estimated Value: $1,672,000 - $2,099,000
2
Beds
2
Baths
1,478
Sq Ft
$1,205/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Furnished
- Wrightsville Beach Elementary School Rated A-
- 1 Fireplace
- No HOA
About This Home
As of January 2025Welcome to The Bungalow, a beautifully updated Wrightsville Beach cottage that exudes coastal charm and sophistication. Fully renovated in 2021 by Konrady and Son Construction, this unique property is a grandfathered duplex situated on an expansive R2 lot. Developed by Wrightsville Beach Abodes, known for their bespoke accommodations, The Bungalow offers a premier retreat for modern travelers. Managed by Mirar Mar Vacation Rentals, this property is exceptionally well-positioned as a turnkey investment.Each of the two refined units combines comfort and style, featuring contemporary updates and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. The design allows for ample outdoor areas, providing both units with serene settings to relax and entertain. The two-door garage offers abundant storage, ensuring convenience and functionality. The elegant upstairs unit features a gourmet kitchen, full bath, dining area, master bedroom, spacious living room with additional sleeping accommodations, and a wrap-around porch/back deck, all designed for comfort and style. The charming downstairs unit includes a fully equipped kitchen, full bath, dining area, cozy bedroom, inviting living room with a pullout sofa, and a private fenced-in backyard, offering a peaceful retreat. Both units are tastefully furnished and ready for immediate rental, with detailed 2023 & 2024 YTD rental performance available upon request and signature of confidentiality agreement.The Bungalow is an ideal hands-free lifestyle investment for successful professionals seeking a vacation home that supports itself in one of the East Coast's most desirable beach destinations. With both units coming fully furnished, this property represents a seamless and sophisticated investment opportunity. Embrace the chance to own a piece of Wrightsville Beach's charm and elegance with The Bungalow.
Last Agent to Sell the Property
Cadence Realty Corporation License #308018 Listed on: 06/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,453
Year Built
- Built in 1946
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 60x80
- Fenced Yard
- Wood Fence
- Interior Lot
- Property is zoned R-2
Home Design
- Permanent Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Stick Built Home
Interior Spaces
- 1,478 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Furnished
- 1 Fireplace
- Combination Dining and Living Room
- Gas Cooktop
- Laundry in Garage
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Attached Garage
- Gravel Driveway
- Additional Parking
- Off-Street Parking
Outdoor Features
- Deck
- Wrap Around Porch
Schools
- Wrightsville Beach Elementary School
- Noble Middle School
- Hoggard High School
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Heating System Uses Gas
- Gas Tank Leased
- Propane
- Natural Gas Water Heater
- Fuel Tank
- Municipal Trash
Community Details
- No Home Owners Association
- North Shore Subdivision
Listing and Financial Details
- Assessor Parcel Number R05813-009-009-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2024
Closed on
Jan 3, 2025
Sold by
Lumina Cottage Llc
Bought by
Harris Raymond Alexander and Harris Sarah Nelson
Seller's Agent
Will Daube
Cadence Realty Corporation
Buyer's Agent
Sarah Harris
Intracoastal Realty
List Price
$1,995,000
Sold Price
$1,615,000
Premium/Discount to List
-$380,000
-19.05%
Views
140
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,869
Avg. Annual Appreciation
14.76%
Original Mortgage
$1,211,250
Outstanding Balance
$1,202,642
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$578,227
Purchase Details
Listed on
Mar 9, 2020
Closed on
Oct 1, 2020
Sold by
Nelcam Llc
Bought by
Lumina Cottage Llc
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Lee Crouch
Intracoastal Realty Corp
List Price
$850,000
Sold Price
$750,000
Premium/Discount to List
-$100,000
-11.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%
Original Mortgage
$684,000
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Listed on
Dec 1, 2015
Closed on
Feb 15, 2018
Sold by
Kowal Kathleen H
Bought by
Nelcam Llc
Seller's Agent
Gwen Hawley
Intracoastal Realty Corp
Buyer's Agent
Hugh MacRae
Intracoastal Realty Corp
List Price
$748,000
Sold Price
$575,000
Premium/Discount to List
-$173,000
-23.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Purchase Details
Closed on
Dec 30, 1986
Sold by
Cole Gordon Althea H
Bought by
Kowal Kathleen H
Purchase Details
Closed on
Apr 1, 1983
Sold by
Payne Francis Marion Willa
Bought by
Cole Gordon Althea H
Purchase Details
Closed on
Apr 1, 1981
Sold by
Payne Francis Marion
Bought by
Payne Francis Marion Willa
Purchase Details
Closed on
Jul 1, 1975
Bought by
Payne Francis Marion
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harris Raymond Alexander | -- | None Listed On Document | |
| Harris Raymond Alexander | -- | None Listed On Document | |
| Lumina Cottage Llc | $750,000 | None Available | |
| Nelcam Llc | $575,000 | None Available | |
| Kowal Kathleen H | $100,000 | -- | |
| Cole Gordon Althea H | $67,500 | -- | |
| Payne Francis Marion Willa | $27,500 | -- | |
| Payne Francis Marion | $27,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harris Raymond Alexander | $1,211,250 | |
| Closed | Harris Raymond Alexander | $1,211,250 | |
| Previous Owner | Lumina Cottage Llc | $684,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $1,615,000 | -10.0% | $1,093 / Sq Ft | |
| 12/04/2024 12/04/24 | Pending | -- | -- | -- | |
| 07/27/2024 07/27/24 | Price Changed | $1,795,000 | -10.0% | $1,214 / Sq Ft | |
| 06/21/2024 06/21/24 | For Sale | $1,995,000 | +166.0% | $1,350 / Sq Ft | |
| 10/02/2020 10/02/20 | Sold | $750,000 | -11.8% | $562 / Sq Ft | View Prior Sale |
| 07/25/2020 07/25/20 | Pending | -- | -- | -- | |
| 03/09/2020 03/09/20 | For Sale | $850,000 | +47.8% | $637 / Sq Ft | |
| 02/27/2018 02/27/18 | Sold | $575,000 | -23.1% | $390 / Sq Ft | View Prior Sale |
| 01/29/2018 01/29/18 | Pending | -- | -- | -- | |
| 12/01/2015 12/01/15 | For Sale | $748,000 | -- | $507 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $4,453 | $821,100 | $735,000 | $86,100 |
| 2023 | $4,453 | $821,100 | $735,000 | $86,100 |
| 2022 | $0 | $821,100 | $735,000 | $86,100 |
| 2021 | $4,658 | $821,100 | $735,000 | $86,100 |
| 2020 | $4,066 | $595,700 | $542,000 | $53,700 |
| 2019 | $4,066 | $595,700 | $542,000 | $53,700 |
| 2018 | $4,066 | $595,700 | $542,000 | $53,700 |
| 2017 | $4,155 | $595,700 | $542,000 | $53,700 |
| 2016 | $5,170 | $683,800 | $609,000 | $74,800 |
| 2015 | $4,834 | $683,800 | $609,000 | $74,800 |
| 2014 | $4,698 | $683,800 | $609,000 | $74,800 |
Source: Public Records
Agents Affiliated with this Home
-
Will Daube
-
Evan Barton
Seller Co-Listing Agent in 2025
Evan Barton
Cadence Realty Corporation
(910) 239-7697
17 in this area
45 Total Sales
-
Sarah Harris
Buyer's Agent in 2025
Sarah Harris
Intracoastal Realty
(910) 209-2535
7 in this area
338 Total Sales
-
Lee Crouch
Seller's Agent in 2020
Lee Crouch
Intracoastal Realty Corp
(910) 256-4503
15 in this area
122 Total Sales
-
Gwen Hawley
Seller's Agent in 2018
Gwen Hawley
Intracoastal Realty Corp
(910) 256-4503
6 in this area
159 Total Sales
-
H
Buyer's Agent in 2018
Hugh MacRae
Intracoastal Realty Corp
Map
Source: Hive MLS
MLS Number: 100451954
APN: R05813-009-009-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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