NOT LISTED FOR SALE

1512 Swordfish Ln Carolina Beach, NC 28428

Estimated Value: $1,278,000 - $1,681,648

6 Beds
8 Baths
4,080 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $740,000 $181 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $8,533/month

74 Days on Market

Highlights

  • Ocean View
  • Deck
  • 2 Fireplaces
  • Carolina Beach Elementary School Rated A-
  • Bamboo Flooring
  • No HOA

About This Home

As of October 2019

Investors take note of this rare find in Carolina Beach! Beautiful duplex only a few blocks to the ocean and public beach access. Live in one side and rent the other, or take advantage of this great income producing property and rent both sides! Perks of each side include an elevator, garage, brand new roof, private master floor with bonus area for office, nursery, or extra sleeping space for your short term rental, 4 large balconies to enjoy the ocean breeze, and widow's watch with ocean views. Other features include gas fireplaces, oak, bamboo, and tile floors, stainless steel appliances, granite countertops, and low maintenance vinyl shake exterior. No HOA. Seller is offering to sell side #2 by itself as well. Please inquire for complete rental history and limited showing times.

Last Agent to Sell the Property

Allison Donovan

Coldwell Banker Sea Coast Advantage-Midtown Listed on: 06/28/2019

Last Buyer's Agent

Owen Metts

Owen Metts Realty License #259319

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,305

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100x50x100

Home Design

  • Duplex
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 4-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Wilmington Beach Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number R09017-013-025-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,305

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 4th Floor or Higher
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Fireplace: 2
  • Flooring: Bamboo, Carpet, Tile, Wood
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Elevator, Gas Logs, Smoke Detectors, Walk-in Shower, Wash/Dry Connect
  • Laundry Location: Room
  • List Price per Sq Ft: 171.99
  • Total Bathrooms: 8.00
  • Number Bedrooms Total: 6

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered, Deck, Porch
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2934.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100x50x100
  • Lot Number: 6
  • Lot Sq Ft: 4792.00
  • Plat Book: 2
  • Plat Page: 30
  • Zoning: MH-MH
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R09017-013-025-000
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 4305.00

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2019
Closed on
Oct 9, 2019
Sold by
Dubois Benjamin Maitland and Dubois Jennifer Robyn
Bought by
J & J Associates Llc
Seller's Agent
Allison Donovan
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Owen Metts
Owen Metts Realty
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%
Current Estimated Value
$1,488,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,662
Avg. Annual Appreciation
12.40%
Original Mortgage
$592,000
Outstanding Balance
$518,622
Interest Rate
3.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$970,040

Purchase Details

Listed on
Jan 12, 2015
Closed on
Oct 17, 2016
Sold by
Swordfish Lane Llc
Bought by
Dubois Benjamin Maitland and Dubois Jennifer Robyn
Seller's Agent
Pat Henderson
Azalea Realty, Inc.
Buyer's Agent
Jenny DuBois
Coldwell Banker Sea Coast Advantage-CB
List Price
$550,000
Sold Price
$387,000
Premium/Discount to List
-$163,000
-29.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.30%
Original Mortgage
$353,072
Interest Rate
3.25%
Mortgage Type
FHA
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
J & J Associates Llc $740,000 None Available
Dubois Benjamin Maitland $387,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & J Associates Llc $592,000
Previous Owner Dubois Benjamin Maitland $353,072
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2019 10/15/19 Sold $740,000 -4.5% $181 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $775,000 +100.3% $190 / Sq Ft
10/24/2016 10/24/16 Sold $387,000 -29.6% $95 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
01/12/2015 01/12/15 For Sale $550,000 -- $135 / 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 $7,310 $1,067,100 $175,000 $892,100
2022 $7,150 $1,067,100 $175,000 $892,100
2021 $0 $1,067,100 $175,000 $892,100
2020 $4,415 $551,900 $87,400 $464,500
2019 $4,415 $551,900 $87,400 $464,500
2018 $4,305 $551,900 $87,400 $464,500
2017 $5,018 $551,900 $87,400 $464,500
2016 $4,366 $508,900 $73,200 $435,700
2015 $4,117 $508,900 $73,200 $435,700
2014 $4,015 $508,900 $73,200 $435,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100173173

Hive MLS

APN: R09017-013-025-000