NOT LISTED FOR SALE

1503 Carolina Beach Ave N Unit 1a Carolina Beach, NC 28428

Estimated Value: $398,994 - $491,000

2 Beds
2 Baths
870 Sq Ft
$350/mo HOA Fee

Last Sold November 11, 2020

Last sale price $250,000 $287 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,027/month

131 Days on Market

Highlights

  • Ocean View
  • Community Pool
  • Balcony
  • Carolina Beach Elementary School Rated A-
  • Covered patio or porch
  • Resident Manager or Management On Site

About This Home

As of November 2020

Don't let the address fool you...this spectacular 2 bedroom/2 full bath condo is actually located on a quiet cross street limiting the noise and parking challenges of the main thoroughfares. You can easily access this 1st floor unit rain or shine as the parking and stairs are under cover. From the front porch you have an unobstructed ocean view down the street/public access and the back porch overlooks the beautiful pool. Inside you will find fresh paint, new flooring in the living room, kitchen, dining area and bedrooms. The oversized glass, entry door allows for ample natural light and the sounds of the ocean to serenade you and your guests! Whether you are looking for an investment, second home, or a primary residence this place can make it happen! Seller is offering $10,000 credit to buyer for updates.

Last Agent to Sell the Property

Brad Jones Jones Property Group

Coldwell Banker Sea Coast Advantage-CB Listed on: 03/04/2020

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Brad Jones Jones Property Group

Coldwell Banker Sea Coast Advantage-CB Listed on: 03/04/2020

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,906

Year Built

  • Built in 1984

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Home Design

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

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Sprinkler System
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R08807-020-011-001

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Reefs Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,906

Year Built

Built in 1984

Lot Details

0

HOA Fees

$350 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: 1st Floor Unit
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Sprinkler System, Walk-in Shower
  • Laundry Location: Closet
  • List Price per Sq Ft: 316.09
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 870.00
  • Total Heated Primary Separate Sq Ft: 870.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Assigned, On Site, Paved, Carport

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Vent Hood, Refrigerator, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Roof, Water, Trash, Taxes, Sewer, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 4200.00

Lot Info

  • Deed Page: 79.00
  • Lot Dimensions: Condo
  • Lot Water Features: Second Row
  • Zoning: R-1
  • Lot View Type: Canal View, Water View, Ocean View

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R08807-020-011-001
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Nov 2, 2020
Sold by
Robinson Bonnie P
Bought by
Donnelly Megan and Johnson Craig
Seller's Agent
Brad Jones Jones Property Group
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Brad Jones Jones Property Group
Coldwell Banker Sea Coast Advantage-CB
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Total Days on Market
131
Current Estimated Value
$448,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,499
Avg. Annual Appreciation
15.48%
Original Mortgage
$225,000
Outstanding Balance
$205,559
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$277,139

Purchase Details

Closed on
Dec 16, 2016
Sold by
Glenn J Lesser
Bought by
Schaffner Liza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.16%

Purchase Details

Closed on
Apr 17, 2000
Sold by
Oconnell James P
Bought by
Robinson Peter Dale Bonnie P

Purchase Details

Closed on
Apr 29, 1999
Sold by
Zinser Jeannette Richard
Bought by
Oconnell James P

Purchase Details

Closed on
Jun 1, 1984
Sold by
T & O Investments
Bought by
Oconnell James P Jeannette

Purchase Details

Closed on
Nov 1, 1983
Bought by
T & O Investments
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
Donnelly Megan $259,000 Accommodation
Schaffner Liza -- --
Robinson Peter Dale Bonnie P $79,000 --
Oconnell James P -- --
Oconnell James P Jeannette $75,000 --
T & O Investments -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donnelly Megan $225,000
Previous Owner Schaffner Liza $247,500
Previous Owner Schaffner Liza --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2020 11/11/20 Sold $250,000 -9.1% $287 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $275,000 -- $316 / 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 $1,906 $278,300 $0 $278,300
2023 $1,851 $278,300 $0 $278,300
2022 $1,865 $278,300 $0 $278,300
2021 $1,920 $278,300 $0 $278,300
2020 $1,357 $169,600 $0 $169,600
2019 $1,357 $169,600 $0 $169,600
2018 $0 $169,600 $0 $169,600
2017 $1,348 $169,600 $0 $169,600
2016 $1,036 $120,800 $0 $120,800
2015 $977 $120,800 $0 $120,800
2014 $953 $120,800 $0 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100207559

Hive MLS

APN: R08807-020-011-001