$435,000
SOLD DEC 7, 2021

1612 Searay Ln Unit 2 Carolina Beach, NC 28428

3 Beds
3 Baths
1,200 Sq Ft
$150/mo HOA Fee

Recently Sold

$362 Per Sq Ft

4 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Walk-In Closet
  • Carolina Beach Elementary School Rated A-
  • Balcony
  • Patio

About This Home

As of April 2024

Updated 3 Bedroom/ 3 Bath Condo close to the Beach. Property features Salt water above ground pool & Jacuzzi and plenty of outdoor living.

Last Agent to Sell the Property

Arlene Bethell

Keller Williams Innovate-Wilmington Listed on: 10/27/2021

Last Buyer's Agent

Cori McQueen

Coldwell Banker Sea Coast Advantage-CB

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,399

Year Built

  • Built in 2008

Lot Details

  • Wood Fence
  • Decorative Fence

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage In Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R09017-022-024-002

Community Details

Overview

  • Master Insurance
  • Wilmington Beach Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,399

Year Built

Built in 2008

Lot Details

0

HOA Fees

$150 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: Two
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Eave Storage
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Walk-In Closet
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 362.50
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1200.00
  • Total Heated Primary Separate Sq Ft: 1200.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Metal/Ornamental, Wood
  • Foundation: Block
  • On Site Pool Spa: Above Ground, Hot Tub
  • Porch Balcony Deck: Balcony, Patio
  • Road Type Frontage: Maintained
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Carolina Water Service Inc
  • Service Providers Water Provider: Carolina Water Service Inc
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Master Insure
  • HOAAssociationFee1Year: 1800.00

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Lot Info

  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 4792.00
  • Plat Book: 18
  • Plat Page: 214
  • Zoning: MH

Tax Info

  • Tax Identifier: R09017-022-024-002
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 1399.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2023
Closed on
Apr 18, 2024
Sold by
Palma Louise A
Bought by
Heaps Eric Matthew and Heaps Caroline R
Seller's Agent
Alicia Devereaux
Nest Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
421
Current Estimated Value
$549,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$891
Avg. Annual Appreciation
-0.59%
Original Mortgage
$360,000
Outstanding Balance
$356,579
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$188,784

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 24, 2021
Sold by
Bottoms Linda Y
Bought by
Palma Louise A
Seller's Agent
Arlene Bethell
Keller Williams Innovate-Wilmington
Buyer's Agent
Cori McQueen
Coldwell Banker Sea Coast Advantage-CB
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$348,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2021
Sold by
Ostrenko Linda and Bottoms Linda Y
Bought by
Bottoms Linda Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,100
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2018
Sold by
Ostrenko Michael and Ostrenko Linda
Bought by
Ostrenko Linda

Purchase Details

Closed on
Jun 5, 2017
Sold by
Searay Lane Llc
Bought by
Ostrenko Linda Y and Ostrenko Michael
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 Type Sale Price Title Company
Warranty Deed $550,000 None Listed On Document
Warranty Deed $435,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $348,000 New Conventional
Previous Owner $231,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $550,000 -1.8% $453 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $560,000 -2.6% $461 / Sq Ft
12/16/2023 12/16/23 For Sale $575,000 +32.2% $474 / Sq Ft
12/07/2021 12/07/21 Sold $435,000 0.0% $363 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $435,000 -- $363 / 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 $1,867 $272,500 $0 $272,500
2022 $1,826 $272,500 $0 $272,500
2021 $1,880 $272,500 $0 $272,500
2020 $1,399 $174,900 $0 $174,900
2019 $1,399 $174,900 $0 $174,900
2018 $1,364 $174,900 $0 $174,900
2017 $1,390 $174,900 $0 $174,900
2016 $1,147 $133,700 $0 $133,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100297000

Hive MLS

APN: R09017-022-024-002