NOT LISTED FOR SALE

1517 Bowfin Ln Unit 2 Carolina Beach, NC 28428

Estimated Value: $773,000 - $870,000

6 Beds
4 Baths
2,215 Sq Ft
$267/mo HOA Fee

Last Sold December 08, 2016

Last sale price $340,000 $153 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,832/month

381 Days on Market

Highlights

  • Ocean View
  • Water Access
  • Covered Patio or Porch
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • Thermal Windows

About This Home

As of December 2016

This fabulous 6-BR, 4-bath townhome-style beach property checks all the right boxes! In pristine condition, it features an outstanding location, only 1 block from the beach, out of the flood zone, & convenient to downtown Carolina Beach shops & restaurants. The open floor plan is perfect for relaxing & entertaining, & boasts a spacious kitchen with large center island, stainless appliances, granite countertops, & custom tile backsplash. The large living area opens out to a spacious covered porch with ocean views. The master suite features an en-suite bath with glass/tile shower & whirlpool tub, large walk-in closet, & a private covered porch. 5 add't guest bedrooms & 3 guest baths provide ample space & comfort for family & friends. Amenities include hardwood floors, fiber cement siding,

Last Agent to Sell the Property

Alicia Devereaux

Intracoastal Realty Corp Listed on: 10/30/2015

Last Buyer's Agent

Jinjur Wilson

BlueCoast Realty Corporation License #275102

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 2004

HOA Fees

  • $267 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,215 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Water Access
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Master Insurance

Listing and Financial Details

  • Tax Lot 0968
  • Assessor Parcel Number R09018-010-024-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,554

Year Built

Built in 2004

Lot Details

0

HOA Fees

$267 per month

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: 3 Story or More
  • 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: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Wash/Dry Connect, Pantry, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 161.40
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 6
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bedroom 5 Level: Third
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2215.00
  • Total Heated Primary Separate Sq Ft: 2215.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Composition, See Remarks
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • 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: Master Insure
  • HOAAssociationFee1Year: 3201.20

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1543.00
  • Lot Dimensions: Condo
  • Lot Number: 0968
  • Lot Water Features: Water Access Comm
  • Plat Book: 18
  • Plat Page: 80
  • Zoning: MH
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R09018-010-024-002
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2554.02

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Muhs Kyle Richard
Bought by
Muhs Kyle Richard and Owens Derek
Current Estimated Value
$806,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Outstanding Balance
$436,475
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$370,029

Purchase Details

Closed on
Nov 18, 2020
Sold by
Ellis Burton and Ellis Christy
Bought by
Muhs Kyle Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Outstanding Balance
$436,475
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$370,029

Purchase Details

Listed on
Oct 30, 2015
Closed on
Dec 5, 2016
Sold by
Ludwig Jonathan S and Ludwig Jennifer B
Bought by
Ellis Burton and Ellis Christy
Seller's Agent
Alicia Devereaux
Intracoastal Realty Corp
Buyer's Agent
Jinjur Wilson
BlueCoast Realty Corporation
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Listed on
Oct 4, 2012
Closed on
Apr 24, 2013
Sold by
Hayes Edgar Paul and Hayes Katherine S
Bought by
Ludwig Jonathan S and Ludwig Jennifer B
Seller's Agent
Justin Donaton
Coastwalk Real Estate, LLC
Buyer's Agent
Daniel Thompson
Intracoastal Realty Corp
List Price
$334,000
Sold Price
$330,000
Premium/Discount to List
-$4,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$264,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Homeboy Homes Llc
Bought by
Hayes Edgar P Katherine S

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
Muhs Kyle Richard -- None Available
Muhs Kyle Richard $545,000 None Available
Ellis Burton $340,000 None Available
Ludwig Jonathan S $330,000 None Available
Hayes Edgar P Katherine S $385,000 --
Homeboy Homes Llc $469,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muhs Kyle Richard $490,500
Previous Owner Ludwig Jonathan S $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2016 12/08/16 Sold $340,000 -6.8% $153 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $365,000 +10.6% $165 / Sq Ft
04/27/2013 04/27/13 Sold $330,000 -1.2% $149 / Sq Ft View Prior Sale
03/27/2013 03/27/13 Pending -- -- --
10/04/2012 10/04/12 For Sale $334,000 -- $151 / 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 $3,275 $478,100 $0 $478,100
2022 $3,203 $478,100 $0 $478,100
2021 $3,299 $478,100 $0 $478,100
2020 $3,359 $419,900 $0 $419,900
2019 $3,359 $419,900 $0 $419,900
2018 $3,275 $419,900 $0 $419,900
2017 $3,338 $419,900 $0 $419,900
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: 30529883

Hive MLS

APN: R09018-010-024-002