NOT LISTED FOR SALE

1517 Bowfin Ln Unit 1 Carolina Beach, NC 28428

Estimated Value: $721,678 - $904,000

6 Beds
4 Baths
1,789 Sq Ft
2004 Built

Last Sold January 13, 2017

Last sale price $337,300 $189 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,661/month

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of January 2017

Fully furnished light filled 6 bedroom, 4 bath home just one block from beach access! Great rental producing property or use as a primary or second home! The open concept living on the second floor highlights the hardwood floors and granite counter tops in the kitchen. This level is perfect for entertaining large groups but also feels cozy enough for smaller gatherings. The deck off the living area is the perfect spot to enjoy the ocean breezes. The first and second floor have 3 of the 6 bedrooms and 2 full baths. The third floor has 2 additional bedrooms and a master bedroom with separate shower, jetted tub and private porch. This home has plenty of closet space as well as some outdoor storage and an outdoor shower. Don't miss out on your opportunity to own a piece of pleasure island!

Last Agent to Sell the Property

Tricia Ireland

Coastal Select Properties License #224620 Listed on: 11/28/2016

Last Buyer's Agent

Teresa Krebs

Coastal Select Properties License #233419

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 2004

Home Design

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

Interior Spaces

  • 1,789 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 1 Attached Carport Space

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Wilmington Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number R09018-010-024-001

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,204

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 204.02
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 6
  • Number Rooms: 9
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Bedroom 5 Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 1789.00
  • Total Heated Primary Separate Sq Ft: 1789.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Carport

Utilities

  • Appliances Equipment: Dryer, Washer, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • 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: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 65.00
  • Lot Dimensions: CONDO
  • Plat Book: 5618
  • Plat Page: 2975
  • Zoning: MH
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R09018-010-024-001
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 2554.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 10, 2017
Sold by
Connell Jr Thomas L O and Waicus Kelly M
Bought by
Aqrabawi Adnan and Cates Nora Lynn
Seller's Agent
Tricia Ireland
Coastal Select Properties
Buyer's Agent
Teresa Krebs
Coastal Select Properties
List Price
$365,000
Sold Price
$337,300
Premium/Discount to List
-$27,700
-7.59%
Current Estimated Value
$795,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,370
Avg. Annual Appreciation
10.31%
Original Mortgage
$110,000
Outstanding Balance
$56,332
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$725,032

Purchase Details

Listed on
May 5, 2011
Closed on
Jan 25, 2012
Sold by
Associated Investments Corporation
Bought by
Oconnell Thomas L and Waicus Kelly M
Seller's Agent
Justin Donaton
Coastwalk Real Estate, LLC
Buyer's Agent
Tricia Ireland
Representing Buyers Only Inc.
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%
Original Mortgage
$243,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Homeboy Homes Llc
Bought by
Associated Investments Corp

Purchase Details

Closed on
Aug 22, 2003
Sold by
Stevens Building Company
Bought by
Homeboy Homes Llc
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
Aqrabawi Adnan $337,500 None Available
Oconnell Thomas L $325,000 None Available
Associated Investments Corp $440,000 --
Homeboy Homes Llc $469,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aqrabawi Adnan $110,000
Previous Owner Oconnell Thomas L $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $337,300 -7.6% $189 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $365,000 +12.3% $204 / Sq Ft
02/17/2012 02/17/12 Sold $325,000 -13.3% $153 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
05/05/2011 05/05/11 For Sale $375,000 -- $177 / 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 $3,204 $467,700 $0 $467,700
2022 $3,447 $467,700 $0 $467,700
2021 $0 $467,700 $0 $467,700
2020 $3,264 $408,000 $0 $408,000
2019 $3,264 $408,000 $0 $408,000
2018 $0 $408,000 $0 $408,000
2017 $3,244 $408,000 $0 $408,000
2016 $2,709 $315,700 $0 $315,700
2015 $2,554 $315,700 $0 $315,700
2014 $2,491 $315,700 $0 $315,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100038590

Hive MLS

APN: R09018-010-024-001