$195,000
SOLD FEB 11, 2020

1615 S Lake Park Blvd Unit 303 Carolina Beach, NC 28428

1 Bed
1 Bath
604 Sq Ft
$411/mo HOA Fee

Recently Sold

$323 Per Sq Ft

7% Below List Price

35 Days on Market

Highlights

  • Ocean Front
  • Indoor Pool
  • Main Floor Primary Bedroom
  • Carolina Beach Elementary School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of February 2021

Offered for sale is a turn key, 3rd floor oceanfront property that has been generating great rental revenue since 2010. Property is being sold fully furnished, so new owner can start making money immediately. One of the few oceanfront properties that offer both a heated indoor pool, as well as an outdoor pool to enjoy in the warmer seasons. This property offers a 24 hour front desk, club room, game room, vending area, two beach accesses, trex decking through the oceanfront gazebo area, and more! This can be a great rental property or a second home for a getaway.

Last Agent to Sell the Property

Myke Teasdale

Coldwell Banker Sea Coast Advantage-CB Listed on: 12/15/2019

Last Buyer's Agent

Clay Jackson

Coastal ERA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1984

HOA Fees

  • $411 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 604 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Lighted Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Pool

  • Indoor Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater
  • Community Sewer or Septic

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R09018-012-002-025

Community Details

Overview

  • Master Insurance
  • Atlantic Towers Condo Subdivision
  • Maintained Community
  • 11-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,392

Year Built

Built in 1984

Lot Details

0

HOA Fees

$411 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 11.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades, Furnished, Elevator
  • Laundry Location: Room
  • List Price per Sq Ft: 347.68
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 1
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 604.00
  • Total Heated Primary Separate Sq Ft: 604.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Exterior Structures: Gazebo, Shower
  • Fencing: Partial
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: owner has 2 passes
  • Parking Driveway: Lighted, Shared, Paved, On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Trash, Water, No Tenant Pets, Taxes, Street Lights, Sewer, Picnic Area, No Pets, Flood Insurance, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Laundry, Indoor Pool, Community Pool
  • HOAAssociationFee1Year: 4926.12

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 893897.00
  • Lot Dimensions: Condo
  • Lot Water Features: Waterfront Comm
  • Special Assessments: None known
  • Zoning: MF
  • Lot View Type: Ocean View, Water View

Green Features

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

Rental Info

  • Rental Income Gross Rental Income: 21000.00

Tax Info

  • Tax Identifier: R09018-012-002-025
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 1, 2021
Sold by
Jordan Gregory W
Bought by
Pelican Property Group Llc
Seller's Agent
Clay Jackson
Coastal Properties
Buyer's Agent
Ea Ruth
Keller Williams Innovate-Wilmington
List Price
$224,500
Sold Price
$220,000
Premium/Discount to List
-$4,500
-2%
Current Estimated Value
$344,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,330
Avg. Annual Appreciation
10.40%

Purchase Details

Listed on
Dec 15, 2019
Closed on
Feb 10, 2020
Sold by
Wall Steven Barry and Wall Patty Morton
Bought by
Jordan Gregory W
Seller's Agent
Myke Teasdale
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Clay Jackson
Coastal ERA
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%

Purchase Details

Closed on
Aug 29, 2019
Sold by
Garcia Domingo and Garcia Lucelyn B
Bought by
Garcia Domingo and Garcia B

Purchase Details

Closed on
Mar 18, 2010
Sold by
Stefanovich Stefan D and Stefanovich Julia P
Bought by
Wall Steven Barry and Wall Patty Morton

Purchase Details

Closed on
Nov 20, 2006
Sold by
Candler Elizabeth W and Gray Matthew W
Bought by
Stefanovich Stefan D and Stefanovich Julia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 1999
Sold by
Westmoreland Nancy W Donald R
Bought by
Candler Elizabeth Matthew Gray

Purchase Details

Closed on
Apr 13, 1995
Sold by
Nelson William L
Bought by
Westmoreland Nancy W Donald R

Purchase Details

Closed on
Aug 24, 1991
Sold by
Joyce Danny Wayne Julia Y
Bought by
Whitt C Monroe

Purchase Details

Closed on
Jul 19, 1991
Sold by
Alpert Jeffrey R Donna S
Bought by
Joyce Danny Wayne Julia Y

Purchase Details

Closed on
Dec 1, 1984
Sold by
Westminster Co
Bought by
Alpert Jeffrey R Donna S

Purchase Details

Closed on
Jul 1, 1983
Bought by
Westminster Co
Source: Public Records

Range of Values:

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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 $220,000 None Available
Warranty Deed $195,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $164,000 None Available
Warranty Deed $310,000 None Available
Deed $111,000 --
Deed $65,000 --
Deed $57,500 --
Deed $57,000 --
Deed $57,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $220,000 -2.0% $362 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $224,500 +15.1% $370 / Sq Ft
02/11/2020 02/11/20 Sold $195,000 -7.1% $323 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
12/15/2019 12/15/19 For Sale $210,000 -- $348 / 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 $1,392 $207,700 $0 $207,700
2022 $1,392 $207,700 $0 $207,700
2021 $0 $207,700 $0 $207,700
2020 $1,166 $145,700 $0 $145,700
2019 $1,166 $145,700 $0 $145,700
2018 $0 $145,700 $0 $145,700
2017 $1,158 $145,700 $0 $145,700
2016 $1,166 $135,900 $0 $135,900
2015 $1,099 $135,900 $0 $135,900
2014 $1,072 $135,900 $0 $135,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100196489

Hive MLS

APN: R09018-012-002-025