NOT LISTED FOR SALE

1513 Searay Ln Carolina Beach, NC 28428

Estimated Value: $826,035 - $969,000

4 Beds
3 Baths
2,037 Sq Ft
$455/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $369,000 $181 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $5,846/month

247 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Fenced Yard

About This Home

As of November 2012

Another fine home by Ocean Grove Cottages. Combining wonderful details & traditions of the classic beach cottage with the desires of today's active lifestyle, this beach home will exceed your expectations. There are 4BRs, 3BAs, an unfinished bonus room, and 2,000+ sq ft. The floor plan is perfect for the beach with two bedrooms on the main floor, and two up top. There's a large and open living room, which flows to the kitchen and dining areas. The kitchen is a showpiece. Lots of windows and a beautiful natural light will filter through your home. You're going to love the interior finishes and the decadent tile work in the master bath. A stylish exterior complete with plenty of covered parking and outdoor storage. 1513 Searay Ln is in a newly developed section of Carolina Beach.

Last Agent to Sell the Property

Justin Donaton

Coldwell Banker Sea Coast Advantage-CB License #235072 Listed on: 02/16/2012

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Julie Damron

JRD Real Estate Co. License #240967

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

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

Parking

  • 2 Attached Carport Spaces

Home Design

  • Slab Foundation
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,037 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Wilmington Beach Subdivision

Listing and Financial Details

  • Tax Lot 1234

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2012
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 181.15
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2037.00
  • Total Heated Primary Separate Sq Ft: 2037.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Structures: Workshop
  • Fencing: Back Yard, Partial
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Deck, Porch

Garage/Parking

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

Utilities

  • Appliances Equipment: Refrigerator
  • 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: 115.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Number: 1234
  • Lot Sq Ft: 5000.00
  • Special Assessments: TBD - Buyer to pay future road
  • Zoning: MH

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2012
Closed on
Oct 18, 2012
Sold by
Ocean Grove Cottages Llc
Bought by
Sorensen Paul D and Sorensen Julienne
Seller's Agent
Justin Donaton
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Julie Damron
JRD Real Estate Co.
List Price
$379,000
Sold Price
$369,000
Premium/Discount to List
-$10,000
-2.64%
Current Estimated Value
$927,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,509
Avg. Annual Appreciation
7.32%
Original Mortgage
$295,200
Outstanding Balance
$209,332
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$707,651

Purchase Details

Closed on
Aug 16, 2012
Sold by
Ocean Grove Cottages Llc
Bought by
Progress Energy Carolinas Inc

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
Hinshaw Franklin T Bettie H
Bought by
James E Conlon Construction Co

Purchase Details

Closed on
Oct 1, 1972
Bought by
Hinshaw Franklin T Bettie H
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
Sorensen Paul D $369,000 None Available
Progress Energy Carolinas Inc -- --
First Federal Savings & Loan Association $187,304 None Available
James E Conlon Construction Co $45,000 --
Hinshaw Franklin T Bettie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Paul D $295,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $369,000 -2.6% $181 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $379,000 -- $186 / 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 -- $543,200 $175,000 $368,200
2022 $2,151 $543,200 $175,000 $368,200
2021 $3,748 $543,200 $175,000 $368,200
2020 $2,894 $361,700 $87,400 $274,300
2019 $2,894 $361,700 $87,400 $274,300
2018 $2,821 $361,700 $87,400 $274,300
2017 $2,876 $361,700 $87,400 $274,300
2016 $2,591 $302,000 $73,200 $228,800
2015 $2,443 $302,000 $73,200 $228,800
2014 $2,383 $302,000 $73,200 $228,800
Source: Public Records

Agents Affiliated with this Home

  • Justin Donaton

    Seller's Agent in 2012

    Justin Donaton

    Coldwell Banker Sea Coast Advantage-CB

    (910) 458-9119

    61 in this area

    136 Total Sales

    Justin Donaton
    Section Image
  • Julie Damron

    Buyer's Agent in 2012

    Julie Damron

    JRD Real Estate Co.

    (910) 509-0234

    15 in this area

    20 Total Sales

    Julie Damron
    Section Image
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Map

Source: Hive MLS

MLS Number: 30472940

Hive MLS

APN: R09017-010-006-000

North Carolina New Hanover County Carolina Beach 28428

1513 Searay Ln, Carolina Beach, NC

This home is located at 1513 Searay Ln, Carolina Beach, NC 28428 since 16 February 2012 and is currently estimated at $927,509, approximately $455 per square foot. This property was built in 2012. 1513 Searay Ln is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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.

Hive MLS 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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