$520,000
SOLD MAY 6, 2016

1516 Bowfin Ln Unit 2 Carolina Beach, NC 28428

4 Beds
4.5 Baths
2,901 Sq Ft
$255/mo HOA Fee

Recently Sold

$179 Per Sq Ft

1% Below List Price

238 Days on Market

Highlights

  • Ocean View
  • Deck
  • Whirlpool Bathtub
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of August 2024

Nothing else compares! Enjoy fabulous ocean views from this luxury property, only 1 block to the beach & out of a flood zone. The well-thought-out design includes a private elevator, expansive decks, plenty of room for entertaining, & beautiful appointments throughout. The main living area boasts a great room with gas-log fireplace, spacious dining room area, & state-of-the-art kitchen featuring custom cabinetry, large island, 6-burner gas Thermador range & hood, & wine refrigerator. The main master suite features a custom built-in wardrobe/entertainment center, private porch, large walk-in closet, & elegant bath w/custom cabinetry, whirlpool tub & fabulous tile/glass shower. Usher your guests into the elevator & whisk them up to the 4th-level penthouse, w/its rooftop entertainment

Last Agent to Sell the Property

Alicia Devereaux

Intracoastal Realty Corp Listed on: 08/12/2015

Last Buyer's Agent

Ian Rosenbaum

Wit Realty LLC License #263575

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,601

Year Built

  • Built in 2005

Lot Details

  • Fenced Yard
  • Wood Fence
  • Irrigation

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,901 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Ocean Views
  • Home Security System

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 1 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Community Details

  • Master Insurance

Listing and Financial Details

  • Tax Lot 2335
  • Assessor Parcel Number 303906381777002

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,601

Year Built

Built in 2005

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 9Ft+ Ceilings, Security System, Whirlpool, Wet Bar, Wash/Dry Connect, Elevator, Pantry, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 184.42
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2901.00
  • Total Heated Primary Separate Sq Ft: 2901.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Composition, See Remarks
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Patio, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Central Vac, See Remarks, Vent Hood, Stove/Oven - Gas, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • 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: Yes
  • HOA and Neighborhood Amenities: Master Insure
  • HOAAssociationFee1Year: 3054.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2004.00
  • Lot Dimensions: Condo
  • Lot Number: 2335
  • Plat Book: 16
  • Plat Page: 320
  • Zoning: MH
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 303906381777002
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1045.99
  • Total Real Estate Property Taxes: 3600.86

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Aug 5, 2024
Sold by
Coughlin James P and Hutton Elizabeth A
Bought by
Bentleys Vacation Properties Llc
Seller's Agent
Tricia Keane
Nest Realty
Buyer's Agent
Jethwa Real Esta Team
Nest Realty
List Price
$999,000
Sold Price
$850,000
Premium/Discount to List
-$149,000
-14.91%
Views
104
Current Estimated Value
$937,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,631
Avg. Annual Appreciation
9.70%

Purchase Details

Listed on
Aug 12, 2015
Closed on
May 2, 2016
Sold by
Mcnamara Michael and Mcnamara Melanie
Bought by
Coughlin James P and Hutton Elizabeth A
Seller's Agent
Alicia Devereaux
Intracoastal Realty Corp
Buyer's Agent
Ian Rosenbaum
Wit Realty LLC
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$416,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Paradise Island Vi Llc
Bought by
Mcnamara Michael and Mcnamara Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
5.22%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $850,000 None Listed On Document
Warranty Deed $520,000 None Available
Warranty Deed $485,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $416,000 New Conventional
Previous Owner $363,750 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $564,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $850,000 -14.9% $307 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $999,000 +92.1% $361 / Sq Ft
05/06/2016 05/06/16 Sold $520,000 -1.0% $179 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
08/12/2015 08/12/15 For Sale $525,000 -- $181 / 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 -- $619,500 $0 $619,500
2022 $4,151 $619,500 $0 $619,500
2021 $4,275 $619,500 $0 $619,500
2020 $4,168 $521,000 $0 $521,000
2019 $4,168 $521,000 $0 $521,000
2018 $0 $521,000 $0 $521,000
2017 $4,612 $521,000 $0 $521,000
2016 $3,819 $445,100 $0 $445,100
2015 $3,601 $445,100 $0 $445,100
2014 $3,512 $445,100 $0 $445,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30526686

Hive MLS

APN: R09018-009-014-002