NOT LISTED FOR SALE

1518 Carolina Beach Ave N Unit D5 Carolina Beach, NC 28428

Estimated Value: $488,000 - $591,000

2 Beds
2 Baths
912 Sq Ft
$227/mo HOA Fee

Last Sold October 25, 2016

Last sale price $260,000 $285 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,331/month

1 Day on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Carolina Beach Elementary School Rated A-
  • Bamboo Flooring
  • Furnished

About This Home

As of October 2016

You'll be hypnotized by the bright blue ocean views from this 2nd floor end unit the moment you walk in the door. Double sliders and a large window in the living area plus a spacious rear porch with access from both bedrooms make this unit very light and airy. Oceanfront deck spans the entire width of the unit. If you are looking for a well maintained furnished unit with lots of natural light and cool summer breezes this is it! Beach access is directly beside the building and the Sun Skipper complex has 2 swimming pools. Great north end location is close to the fishing pier and entrance to Freeman Park. This property is a great rental or would be perfect for your own personal use. Seller is not renting in the off season so it's very easy to show!

Last Agent to Sell the Property

Renae Perrett

Coastal Green Properties, Inc. License #173554 Listed on: 10/02/2016

Last Buyer's Agent

Moran Real Estat Team

Coldwell Banker Sea Coast Advantage-CB License #269918

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,724

Year Built

  • Built in 1983

HOA Fees

  • $227 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 912 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R08807-019-001-005

Community Details

Overview

  • Master Insurance
  • Sun Skipper Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,724

Year Built

Built in 1983

Lot Details

0

HOA Fees

$227 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1983
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Bamboo, Vinyl, Carpet
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Furnished, Wash/Dry Connect, Pantry
  • Laundry Location: Closet
  • List Price per Sq Ft: 295.94
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 1 Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 912.00
  • Total Heated Primary Separate Sq Ft: 912.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Carport, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Maint - Comm Areas, Trash, Termite Bond, Taxes, Pest Control, Master Insure, Management, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 2720.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1667.00
  • Lot Dimensions: Condo
  • Special Assessments: Annual Insurance Assessment
  • Zoning: R-10
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R08807-019-001-005
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 1724.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2016
Closed on
Oct 18, 2016
Sold by
Asbridge Vernon Anthony and Asbridge Portia
Bought by
Hoffman Grant and Hoffman Michelle
Seller's Agent
Renae Perrett
Coastal Green Properties, Inc.
Buyer's Agent
Moran Real Estat Team
Coldwell Banker Sea Coast Advantage-CB
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$550,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,071
Avg. Annual Appreciation
8.67%
Original Mortgage
$221,000
Outstanding Balance
$177,397
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$372,674

Purchase Details

Closed on
Jan 8, 2008
Sold by
Citimortgage Inc
Bought by
Asbridge Vernon Anthony and Asbridge Portia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 21, 2007
Sold by
Somers Robert J
Bought by
Citimortgage Inc and Citifinancial Mortgage Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 1990
Sold by
Weaver Frank J
Bought by
Somers Robert J

Purchase Details

Closed on
Oct 1, 1983
Sold by
Carolina Resorts
Bought by
Weaver Frank J

Purchase Details

Closed on
Jan 1, 1983
Bought by
Carolina Resorts
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
Hoffman Grant $260,000 None Available
Asbridge Vernon Anthony $234,000 None Available
Citimortgage Inc $302,900 None Available
Somers Robert J $5,000 --
Weaver Frank J $89,000 --
Carolina Resorts -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Grant $221,000
Previous Owner Asbridge Vernon Anthony $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2016 10/25/16 Sold $260,000 -3.7% $285 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
10/02/2016 10/02/16 For Sale $269,900 -- $296 / 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
2025 $2,684 $660,600 $0 $660,600
2023 $2,684 $391,800 $0 $391,800
2022 $1,817 $391,800 $0 $391,800
2021 $2,703 $391,800 $0 $391,800
2020 $1,685 $210,600 $0 $210,600
2019 $1,685 $210,600 $0 $210,600
2018 $1,643 $210,600 $0 $210,600
2017 $1,674 $210,600 $0 $210,600
2016 $1,828 $213,100 $0 $213,100
2015 $1,724 $213,100 $0 $213,100
2014 $1,681 $213,100 $0 $213,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100032272

Hive MLS

APN: R08807-019-001-005