NOT LISTED FOR SALE

1609 Carolina Beach Ave N Unit 4 Carolina Beach, NC 28428

Estimated Value: $440,000 - $485,000

2 Beds
2 Baths
930 Sq Ft
$623/mo HOA Fee

Last Sold June 03, 2024

Last sale price $426,000 $458 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,164/month

47 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Balcony
  • Carolina Beach Elementary School Rated A-
  • Community Pool
  • Resident Manager or Management On Site

About This Home

As of June 2024

Price aggressively at $26K below appraised value; This beautiful income-producing beach condo appraised for $456K on November 2023 (appraisal report available upon request). Rent is currently $2,500/mo and the lease ends on June 2024). 2 Bedrooms and 2 full bathrooms ready for your beach adventures. Second-row ocean front with ocean view. Recently replaced appliances. Buy this condo and enjoy piece of mind, because it is covered by a transferrable Total Plan Home Warranty from Choice Home Warranty until May 19th, 2025. HOA fee includes master insurance policy, flood insurance, community pool maintenance, Cable/Internet service and many more perks. Schedule your tour ASAP and start planning your beach season at Carolina Beach.

Last Agent to Sell the Property

Gerardo Andrade

STA Realty LLC License #295030 Listed on: 02/12/2024

Last Buyer's Agent

Diane Castro-Perez

Coldwell Banker Sea Coast Advantage-Hampstead License #245995

Coldwell Banker Sea Coast Advantage-Hampstead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,024

Year Built

  • Built in 1984

HOA Fees

  • $623 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 930 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Ocean Views
  • Partial Basement

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R08807-017-011-004

Community Details

Overview

  • Master Insurance
  • Priestley Management Association
  • Sun Skipper Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,024

Year Built

Built in 1984

Lot Details

0

HOA Fees

$623 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1984
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: None
  • Laundry Location: Closet
  • List Price per Sq Ft: 462.37
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 2 Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 930.00
  • Total Heated Primary Separate Sq Ft: 930.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking: None
  • Garage And Parking Driveway Spaces: 1.00
  • Parking Driveway: Off Street, On Site, Parking Lot, Paved

Utilities

  • Appliances Equipment: Dryer, Refrigerator, Washer
  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Community Pool, Management, Master Insure
  • HOAAssociationFee1Year: 7478.64
  • HOAAssociationName: Priestley Management
  • HOAAssociationPhone: 336691283

Lot Info

  • Deed Page: 1526.00
  • Lot Dimensions: irregular
  • Lot Water Features: Second Row
  • Zoning: Sin-fam Condo
  • Lot View Type: Ocean View

Rental Info

  • Annual Gross Rental Income Collected: 2500

Tax Info

  • Tax Identifier: R08807-017-011-004
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 20, 2024
Sold by
Lfm Canastel Llc
Bought by
Melton Carmella D and Melton Jameia
Seller's Agent
Gerardo Andrade
STA Realty LLC
Buyer's Agent
Diane Castro-Perez
Coldwell Banker Sea Coast Advantage-Hampstead
List Price
$478,000
Sold Price
$426,000
Premium/Discount to List
-$52,000
-10.88%
Views
56
Current Estimated Value
$453,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,152
Avg. Annual Appreciation
4.51%
Original Mortgage
$383,400
Outstanding Balance
$375,794
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$77,358

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 22, 2021
Sold by
Welborn Jackie
Bought by
Lfm Canastel Llc
Seller's Agent
Sharon Lyons
Network Real Estate
Buyer's Agent
Jan Brewington
Dram Tree Realty
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 20, 2015
Sold by
Cerqueira John and Ervin Melissa Ryan
Bought by
Welborn Jackie
Seller's Agent
Ashley Garner
Intracoastal Realty Corp
Buyer's Agent
Joe Bell
Network Real Estate
List Price
$184,900
Sold Price
$170,000
Premium/Discount to List
-$14,900
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$64,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2012
Closed on
Jun 13, 2013
Sold by
Evolution Properties Llc
Bought by
Cerqueira John
Seller's Agent
Kevin adams
Network Real Estate
Buyer's Agent
Ashley Garner
Intracoastal Realty Corp
List Price
$199,000
Sold Price
$155,000
Premium/Discount to List
-$44,000
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$124,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Levy Roberto
Bought by
Evolution Properties Llc

Purchase Details

Closed on
Dec 3, 2004
Sold by
Paugh Bruce D Donna L
Bought by
Levy Roberto

Purchase Details

Closed on
Mar 11, 2003
Sold by
Penny Tony Huell Anna
Bought by
Paugh Bruce D Donna L

Purchase Details

Closed on
Sep 5, 2000
Sold by
Weinstock Steve Elizabeth
Bought by
Penny Tony Heull Anna

Purchase Details

Closed on
Jul 1, 1985
Sold by
Suggs & Harrelson Inc
Bought by
Weinstock Howard

Purchase Details

Closed on
Apr 1, 1982
Bought by
Suggs & Harrelson Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Melton Carmella D $426,000 None Listed On Document
Melton Carmella D $426,000 None Listed On Document
Lfm Canastel Llc $350,000 None Available
Welborn Jackie $170,000 None Available
Cerqueira John $155,000 None Available
Evolution Properties Llc -- None Available
Levy Roberto $240,000 --
Paugh Bruce D Donna L $102,000 --
Penny Tony Heull Anna $92,000 --
Weinstock Howard $70,000 --
Suggs & Harrelson Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melton Carmella D $383,400
Closed Melton Carmella D $383,400
Previous Owner Welborn Jackie $64,000
Previous Owner Cerqueira John $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2024 06/03/24 Sold $426,000 -0.9% $458 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $430,000 -2.1% $462 / Sq Ft
03/13/2024 03/13/24 Price Changed $439,000 -3.1% $472 / Sq Ft
03/06/2024 03/06/24 Price Changed $453,000 -5.2% $487 / Sq Ft
02/13/2024 02/13/24 For Sale $478,000 +36.6% $514 / Sq Ft
07/29/2021 07/29/21 Sold $350,000 0.0% $376 / Sq Ft View Prior Sale
07/14/2021 07/14/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $350,000 +105.9% $376 / Sq Ft
12/03/2015 12/03/15 Sold $170,000 -8.1% $187 / Sq Ft View Prior Sale
10/12/2015 10/12/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $184,900 +19.3% $204 / Sq Ft
06/25/2013 06/25/13 Sold $155,000 -22.1% $163 / Sq Ft View Prior Sale
06/25/2013 06/25/13 Pending -- -- --
07/30/2012 07/30/12 For Sale $199,000 -- $209 / 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 $2,024 $403,600 $0 $403,600
2024 $2,024 $295,500 $0 $295,500
2023 $2,024 $295,500 $0 $295,500
2022 $1,980 $295,500 $0 $295,500
2021 $0 $295,500 $0 $295,500
2020 $1,378 $172,300 $0 $172,300
2019 $1,378 $172,300 $0 $172,300
2018 $1,344 $172,300 $0 $172,300
2017 $1,370 $172,300 $0 $172,300
2016 $1,054 $122,900 $0 $122,900
2015 $994 $122,900 $0 $122,900
2014 $970 $122,900 $0 $122,900
Source: Public Records

Agents Affiliated with this Home

  • Gerardo Andrade

    Seller's Agent in 2024

    Gerardo Andrade

    STA Realty LLC

    (910) 264-1894

    3 in this area

    75 Total Sales

    Gerardo Andrade
    Section Image
  • Diane Castro-Perez

    Buyer's Agent in 2024

    Diane Castro-Perez

    Coldwell Banker Sea Coast Advantage-Hampstead

    (910) 546-4479

    3 in this area

    1,483 Total Sales

    Diane Castro-Perez
    Section Image

  • S

    Seller's Agent in 2021

    Sharon Lyons

    Network Real Estate

  • Jan Brewington

    Buyer's Agent in 2021

    Jan Brewington

    Dram Tree Realty

    (910) 612-6941

    5 in this area

    64 Total Sales

    Jan Brewington
    Section Image
  • Ashley Garner

    Seller's Agent in 2015

    Ashley Garner

    Intracoastal Realty Corp

    (910) 256-4503

    2 in this area

    143 Total Sales

    Ashley Garner
    Section Image

  • J

    Buyer's Agent in 2015

    Joe Bell

    Network Real Estate

See All Agents

Map

Source: Hive MLS

MLS Number: 100427162

Hive MLS

APN: R08807-017-011-004

North Carolina New Hanover County Carolina Beach 28428

1609 Carolina Beach Ave N Unit 4, Carolina Beach, NC

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