NOT LISTED FOR SALE

1511 Searay Ln Carolina Beach, NC 28428

Estimated Value: $808,000 - $1,038,000

5 Beds
3 Baths
2,561 Sq Ft
$369/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $390,000 $152 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $5,329/month

95 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Workshop
  • Carolina Beach Elementary School Rated A-
  • No HOA
  • Fenced Yard

About This Home

As of December 2014

Beautiful 5 bedroom, 3 bath home in Carolina Beach. There's a large and open living room, which flows to the kitchen and dining area to create a nice open feeling. The kitchen is a showpiece. Beautiful granite, stainless appliances, stylish tile accents and attractive hardware. There are two bedrooms on the second level, and three on the third level (or use the 5th bedroom for a office, media room or extra den). The master bath offers a lavish tiled shower. A 1st level foyer / den rounds things out inside. A stylish design makes this a very attractive home. You have covered parking, a large workshop, a fenced yard, an irrigation system, a patio and a custom built detached shed. The backyard is great! There is a large front porch, and a covered (and screened) rear porch too. You're

Last Agent to Sell the Property

Justin Donaton

Coastwalk Real Estate, LLC Listed on: 08/27/2014

Last Buyer's Agent

Joe Muccia

Bryant Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 2012

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Fenced Yard
  • Irrigation
  • Property is zoned MH

Home Design

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

Interior Spaces

  • 2,561 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Workshop
  • Partial Basement
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Attached Carport Spaces

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wilmington Beach Subdivision

Listing and Financial Details

  • Tax Lot 6392

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,892

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2012
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood, Laminate
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Ceiling Fan(s), Workshop
  • Laundry Location: Room
  • List Price per Sq Ft: 159.70
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Number Rooms: 10
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2561.00
  • Total Heated Primary Separate Sq Ft: 2561.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage, Workshop
  • Fencing: Back Yard, Partial
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Deck, Screened, Porch, Patio
  • Road Type Frontage: Paved
  • Roof: Metal

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking Other See Remarks: Cmnt
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport

Utilities

  • Appliances Equipment: Dishwasher
  • Cooling System: Central
  • 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: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 254.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Number: 6392
  • Lot Sq Ft: 5000.00
  • Zoning: MH

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Manley Thomas L and Manley Lisa J
Bought by
Silver Kelly J and Silver Julie Y
Current Estimated Value
$944,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$257,627
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$723,953

Purchase Details

Listed on
Aug 27, 2014
Closed on
Nov 26, 2014
Sold by
Kingry Joseph Shawn and Kingry Kelly Hewitt
Bought by
Manley Thomas L and Manley Lisa J
Seller's Agent
Justin Donaton
Coastwalk Real Estate, LLC
Buyer's Agent
Joe Muccia
Bryant Real Estate
List Price
$428,000
Sold Price
$390,000
Premium/Discount to List
-$38,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$351,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2012
Closed on
Aug 16, 2012
Sold by
Ocean Grove Cottages Llc
Bought by
Progress Energy Carolinas Inc
Seller's Agent
Justin Donaton
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Mary Delmar
Wilkinson & Associates
List Price
$349,000
Sold Price
$359,000
Premium/Discount to List
$10,000
2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%

Purchase Details

Listed on
Feb 15, 2012
Closed on
Jun 29, 2012
Sold by
Ocean Grove Cottages Llc
Bought by
Kingry Joseph Shawn Kelly H
Seller's Agent
Justin Donaton
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Mary Delmar
Wilkinson & Associates
List Price
$349,000
Sold Price
$359,000
Premium/Discount to List
$10,000
2.87%

Purchase Details

Closed on
Aug 10, 2011
Sold by
First Federal Savings & Loan Association
Bought by
Ocean Grove Cottages Llc

Purchase Details

Closed on
Jul 19, 2010
Sold by
James E Conlon Construction Company Inc
Bought by
First Federal Savings & Loan Association

Purchase Details

Closed on
Oct 24, 2003
Sold by
Young George D
Bought by
James E Conlon Construction Co

Purchase Details

Closed on
Feb 22, 2001
Sold by
Hinshaw Franklin T Sr Betti
Bought by
Young George D

Purchase Details

Closed on
Sep 1, 1976
Bought by
Hinshaw Franklin T Sr Betti
Source: Public Records

Range of Values:

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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
Silver Kelly J $585,000 None Available
Manley Thomas L $390,000 None Available
Progress Energy Carolinas Inc -- --
Kingry Joseph Shawn Kelly H $359,000 --
Ocean Grove Cottages Llc $115,000 None Available
First Federal Savings & Loan Association $187,304 None Available
James E Conlon Construction Co $45,000 --
Young George D -- --
Hinshaw Franklin T Sr Betti $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Kelly J $285,000
Previous Owner Manley Thomas L $351,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2014 12/19/14 Sold $390,000 -8.9% $152 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $428,000 +19.2% $167 / Sq Ft
06/29/2012 06/29/12 Sold $359,000 +2.9% $179 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $349,000 -- $174 / 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
2023 $3,892 $580,900 $175,000 $405,900
2022 $600 $580,900 $175,000 $405,900
2021 $4,008 $580,900 $175,000 $405,900
2020 $2,982 $372,700 $87,400 $285,300
2019 $2,982 $372,700 $87,400 $285,300
2018 $2,907 $372,700 $87,400 $285,300
2017 $2,963 $372,700 $87,400 $285,300
2016 $2,631 $306,700 $73,200 $233,500
2015 $2,481 $306,700 $73,200 $233,500
2014 $2,420 $306,700 $73,200 $233,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30510784

Hive MLS

APN: R09017-010-005-000