NOT LISTED FOR SALE

200 Tennessee Ave Unit 1 Carolina Beach, NC 28428

Estimated Value: $667,629 - $728,000

3 Beds
3 Baths
1,180 Sq Ft
$300/mo HOA Fee

Last Sold July 20, 2021

Last sale price $520,000 $441 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,179/month

5 Days on Market

Highlights

  • Ocean View
  • Deck
  • Covered Patio or Porch
  • Carolina Beach Elementary School Rated A-
  • Corner Lot
  • Tile Flooring

About This Home

As of July 2021

Incredible opportunity in Carolina Beach! Just a block and a half from the pristine sands of Pleasure Island, this delightful home is ready to be enjoyed by someone new! Not only is there Unit 1 which features 3 bedrooms, 2 baths, and ocean views from the front deck, but a 1 bedroom apartment on the ground floor provides an additional 570 sq ft, perfect for the quick getaway to the beach or long term rental. The home is presently being used as a vacation rental (both units) and is being sold fully furnished (less one dresser and personal artwork). Recent improvements include new roof, new HVAC, updated/renovated downstairs 1 bedroom apartment, and the custom-built outdoor decking and pergola-covered seating area are a huge plus. Take a quick walk to the famous Tiki Bar for live music and a tropical libation just steps from the water. This will not last long. Note: The by-laws do not allow for short term rental. The current owner is grandfathered and is allowed to do it, but there is no guarantee of continuing.

Last Agent to Sell the Property

Ed Wagenseller

Keller Williams Innovate-Wilmington License #190202 Listed on: 05/27/2021

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Brian Walsh

Coastal Properties License #261357

Coastal Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,281

Year Built

  • Built in 2005

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Master Insurance
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number R09014-004-012-001

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,281

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, LVT/LVP
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 285.14
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 1180.00
  • Sq Ft Heated Separate: 570.00
  • Total Heated Primary Separate Sq Ft: 1750.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Patio, Deck
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Master Insure, Maintenance Structure
  • HOAAssociationFee1Year: 3600.00

Lot Info

  • Deed Page: 2789.00
  • Lot Description: Corner Lot
  • Lot Dimensions: 50x100
  • Lot Water Features: Second Row
  • Zoning: R-1
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R09014-004-012-001
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2280.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 10, 2021
Sold by
White Richard
Bought by
Baker Michael and Baker Heather
Seller's Agent
Ed Wagenseller
Keller Williams Innovate-Wilmington
Buyer's Agent
Brian Walsh
Coastal Properties
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Current Estimated Value
$694,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,907
Avg. Annual Appreciation
7.13%
Original Mortgage
$437,750
Outstanding Balance
$397,190
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$297,717

Purchase Details

Closed on
Feb 5, 2009
Sold by
Walsh Kevin and Walsh Barbara
Bought by
White Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
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
Baker Michael $520,000 None Available
White Richard $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Michael $437,750
Previous Owner White Richard $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $520,000 +4.2% $441 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $499,000 -- $423 / 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 $2,334 $340,700 $0 $340,700
2022 $2,283 $340,700 $0 $340,700
2021 $2,351 $340,700 $0 $340,700
2020 $2,281 $285,100 $0 $285,100
2019 $2,281 $285,100 $0 $285,100
2018 $2,224 $285,100 $0 $285,100
2017 $2,267 $285,100 $0 $285,100
2016 $2,099 $244,600 $0 $244,600
2015 $1,979 $244,600 $0 $244,600
2014 $1,930 $244,600 $0 $244,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100273613

Hive MLS

APN: R09014-004-012-001