NOT LISTED FOR SALE

1503 Drill Shell Ln Carolina Beach, NC 28428

Estimated Value: $679,989 - $823,000

3 Beds
2 Baths
1,576 Sq Ft
$468/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $460,000 $292 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,122/month

72 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Solid Surface Countertops
  • Covered Patio or Porch

About This Home

As of June 2020

You can have the best of both worlds: privacy and beach living. This custom built, craftsman style, fully remodeled home on almost a quarter acre lot is a rare find on the island. The open floor plan is spacious but filled with charm and character including wide plank pine floors throughout and a tongue and grove vaulted ceiling in the living room. The kitchen boasts quartz counter tops and KitchenAid appliances. The new master bath is a must-see. Enjoy a large, fenced in backyard perfect for entertaining with board walks, seating areas and a great outdoor shower. You'll also find a detached studio ready to house your creative space or home office! Bring your boat and use the public ramp just down the street. You won't find another home or street like this in Carolina Beach!

Last Agent to Sell the Property

Heidi Brown

Spot Real Estate, LLC Listed on: 02/27/2020

Last Buyer's Agent

Jessica Keenan

Nest Realty License #226854

Nest Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 70x150x70x150
  • Cul-De-Sac
  • Wood Fence
  • Property is zoned R-2-WB

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Workshop
  • Crawl Space
  • Partially Finished Attic

Kitchen

  • Stove
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number R08806-004-047-000

Community Details

Overview

  • No Home Owners Association
  • Harbour Point Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Dryer
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 2469.00
  • Directions To Property: South on College, Continue onto 421 S, Turn Right onto Access Lane, Right on Spencer Farlow, Right on Drill Shell Lane
  • Document Count: 3
  • Fencing: Wood
  • Fireplace: None
  • Foundation: Crawl Space
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100206402
  • List Priceper Sq Ft: 301.40
  • Location Type: Island
  • Lot Acres: 0.24
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 70x150x70x150
  • Lot Sq Ft: 10454.00
  • Marketing City: Carolina Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Energy
  • Sign On Property: Yes
  • Sq Ft Heated: 1576.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Harbour Point
  • Tax Identifier: R08806-004-047-000
  • Tax Year: 2019
  • Terms: Cash, VA Loan, FHA, Conventional
  • Total Heated Primary Separate Sq Ft: 1576.00
  • Water Heater: Electric
  • Year Built: 2000
  • Zoning: R-2-WB
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Dining Room Type: Combination
  • Flooring: Tile, Wood
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Functional, Shutters - Board/Hurricane, Security Lighting
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower, Workshop
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 1400 - 1599
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Community Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 23, 2020
Sold by
Brown Zachary A and Brown Heidi Emyers
Bought by
Tate Kenneth L and Tate Katie N
Seller's Agent
Heidi Brown
Spot Real Estate, LLC
Buyer's Agent
Jessica Keenan
Nest Realty
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Current Estimated Value
$736,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,997
Avg. Annual Appreciation
8.88%
Original Mortgage
$125,000
Outstanding Balance
$87,874
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$649,123

Purchase Details

Listed on
Mar 13, 2016
Closed on
Jul 11, 2016
Sold by
Gibson John E and Gibson Kristin E
Bought by
Brown Zachary A and Brown Heidi E Myers
Seller's Agent
Lauren Pierce
ISave Realty LLC
Buyer's Agent
Team Archer
Brick & Mojo, LLC
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$319,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 1998
Sold by
Jones Jeffrey R Teresa G
Bought by
Gibson John E Kristin E

Purchase Details

Closed on
Sep 30, 1997
Sold by
Noyes Drew W
Bought by
Jones Jeffrey R Teresa G

Purchase Details

Closed on
Nov 17, 1995
Sold by
Lewis Elton L Frances B
Bought by
Noyes Drew W
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
Tate Kenneth L $460,000 None Available
Brown Zachary A $355,000 None Available
Gibson John E Kristin E $31,500 --
Jones Jeffrey R Teresa G $70,000 --
Noyes Drew W $677,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Kenneth L $125,000
Previous Owner Brown Zachary A $319,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $460,000 -3.2% $292 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $475,000 +33.8% $301 / Sq Ft
07/12/2016 07/12/16 Sold $355,000 -11.0% $232 / Sq Ft View Prior Sale
06/05/2016 06/05/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $399,000 -- $261 / 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 $3,210 $716,900 $328,000 $388,900
2023 $2,673 $401,900 $180,200 $221,700
2022 $2,693 $401,900 $180,200 $221,700
2021 $2,773 $401,900 $180,200 $221,700
2020 $1,952 $244,000 $116,600 $127,400
2019 $1,952 $244,000 $116,600 $127,400
2018 $1,903 $244,000 $116,600 $127,400
2017 $1,940 $244,000 $116,600 $127,400
2016 $2,082 $242,600 $98,800 $143,800
2015 $1,963 $242,600 $98,800 $143,800
2014 $1,914 $242,600 $98,800 $143,800
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Heidi Brown

    Spot Real Estate, LLC

  • Jessica Keenan

    Buyer's Agent in 2020

    Jessica Keenan

    Nest Realty

    (910) 368-1507

    66 in this area

    144 Total Sales

    Jessica Keenan
    Section Image

  • L

    Seller's Agent in 2016

    Lauren Pierce

    ISave Realty LLC

    Section Image

  • T

    Buyer's Agent in 2016

    Team Archer

    Brick & Mojo, LLC

    (910) 777-2790

    7 in this area

    115 Total Sales

    Team Archer
    Section Image
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Map

Source: Hive MLS

MLS Number: 100206402

Hive MLS

APN: R08806-004-047-000

North Carolina New Hanover County Carolina Beach 28428

1503 Drill Shell Ln, Carolina Beach, NC

Not Listed for Sale

Detached

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