NOT LISTED FOR SALE

201 Carolina Beach Ave S Unit 207 Carolina Beach, NC 28428

Estimated Value: $852,000 - $985,000

3 Beds
2.5 Baths
1,248 Sq Ft
$683/mo HOA Fee

Last Sold August 23, 2022

Last sale price $900,000 $721 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,834/month

75 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Balcony
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Resident Manager or Management On Site

About This Home

As of August 2022

Back on the market at no fault of the property or Sellers! The Buyer financing fell through. Their loss, your gain!!Looking for a newly renovated and furnished investment property or second home on the ocean where you can sit on your balcony watching the waves roll in? Welcome to Carolina Surf! This condo was fully renovated in 2021 - 3 Bedroom, 2 1/2 bath, 2nd floor, OCEANFRONT end unit! This complex has had major renovations INSIDE and OUT! The building has a new elevator, stairwells, roof, hardie plank siding, paint, high impact windows and doors, electric, plumbing, HVAC, water heater, flooring, bathrooms, kitchen, appliances and more! This light filled unit is BEAUTIFUL and full of upgrades! The upgrades include solid wood white shaker cabinets, quartz countertops, tile backsplash, composite sink, upgraded faucet, quartz countertops in all bathrooms with under mount sinks, marble soaking tub, marble walk-in shower with glass shower doors, upgraded light fixtures and fans, upgraded hardware and more. Prime location being right next to Hamlet Beach Access and minutes away from great restaurants, shops, the Boardwalk and all it has to offer plus Wilmington and historic Fort Fisher. The building has an elevator, private beach access and community pool. (Pool is currently being renovated). This is the perfect place to come home to after a fun filled day at the beach! Property is on a vacation rental program - check with the listing agent on showing availability. 2022 bookings from 1/1/22 to 9/23/22 total $50,200.89 gross income - see 2022 booking summary in docs.

Last Agent to Sell the Property

Carli Williams

Keller Williams Innovate-Wilmington License #281553 Listed on: 05/06/2022

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Jay Seville

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1986

HOA Fees

  • $683 Monthly HOA Fees

Home Design

  • Steel Frame
  • Membrane Roofing
  • Concrete Siding
  • Piling Construction
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Pest Guard System

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Outdoor Storage

Utilities

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number R09006-033-001-014

Community Details

Overview

  • Master Insurance
  • Carolina Surf Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,600

Year Built

Built in 1986

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 1986
  • 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: LVT/LVP
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Walk-in Shower, Smoke Detectors, Furnished, Elevator, Ceiling Fan(s)
  • Laundry Location: Hall, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 721.15
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 1248.00
  • Total Heated Primary Separate Sq Ft: 1248.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement, Stucco
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground, See Remarks
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Trash, Pest Control, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Community Pool, Flood Insurance
  • HOAAssociationFee1Year: 8190.00

Lot Info

  • Deed Page: 1187.00
  • Lot Dimensions: irregular
  • Special Assessments: 5000 - paid
  • Zoning: T-1
  • Lot View Type: Ocean View, Water View

Green Features

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

Tax Info

  • Tax Identifier: R09006-033-001-014
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 3600.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Aug 19, 2022
Sold by
Marr Michael and Marr Denise
Bought by
Mcgrath John D and Mcgrath Tarah M
Seller's Agent
Carli Williams
Keller Williams Innovate-Wilmington
Buyer's Agent
Jay Seville
eXp Realty
List Price
$900,000
Sold Price
$900,000
Views
2
Current Estimated Value
$918,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,098
Avg. Annual Appreciation
0.63%
Original Mortgage
$400,000
Outstanding Balance
$382,511
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$535,587

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 8, 2021
Sold by
Vanniman John T and Vanniman Van Niman
Bought by
Marr Michael and Meyer Denise C
Seller's Agent
Peggy Stone
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Carli Williams
Keller Williams Innovate-Wilmington
List Price
$850,000
Sold Price
$755,000
Premium/Discount to List
-$95,000
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.05%
Original Mortgage
$528,750
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 10, 2014
Sold by
Sherrod Ingrid Alexander and Sherrod Robert G
Bought by
Vanniman John T and Van Niman Debbie J
Seller's Agent
Sherri Pridgen
Coastwalk Real Estate, LLC
Buyer's Agent
Peggy Stone
Coastwalk Real Estate, LLC
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%
Original Mortgage
$224,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2011
Sold by
Isley Brenda O and Isley Stephen M
Bought by
Sherrod Ingrid Alexander and Sherrod Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,875
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2010
Sold by
Riley Margaret O (Edith) Estate
Bought by
Isley Brenda

Purchase Details

Closed on
Aug 24, 1999
Sold by
Bullock Joseph Edwin Barbara T
Bought by
Riley Edith Margaret

Purchase Details

Closed on
Jun 11, 1991
Sold by
Greene Edward B Linda S
Bought by
Bullock Joseph Edwin Barbara T

Purchase Details

Closed on
Jun 1, 1988
Sold by
Carolina Surf Builders
Bought by
Greene Edward B Linda S

Purchase Details

Closed on
May 1, 1985
Bought by
Carolina Surf Builders
Source: Public Records

Range of Values:

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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
Mcgrath John D $900,000 Lindquist Aaron D
Mcgrath John D $900,000 Lindquist Aaron D
Marr Michael $755,000 None Available
Marr Michael $755,000 None Listed On Document
Vanniman John T $320,000 None Available
Sherrod Ingrid Alexander $295,000 None Available
Isley Brenda -- --
Riley Edith Margaret $180,000 --
Bullock Joseph Edwin Barbara T $130,000 --
Greene Edward B Linda S $141,000 --
Carolina Surf Builders -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath John D $400,000
Closed Mcgrath John D $400,000
Previous Owner Marr Michael $528,750
Previous Owner Vanniman John T $224,000
Previous Owner Sherrod Ingrid Alexander $190,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $900,000 0.0% $721 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $900,000 0.0% $721 / Sq Ft
07/13/2022 07/13/22 Price Changed $900,000 -5.3% $721 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $950,000 +25.8% $761 / Sq Ft
06/18/2021 06/18/21 Sold $755,000 -5.6% $605 / Sq Ft View Prior Sale
05/17/2021 05/17/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $800,000 -5.9% $642 / Sq Ft
04/08/2021 04/08/21 For Sale $850,000 +165.6% $682 / Sq Ft
09/12/2014 09/12/14 Sold $320,000 -8.6% $268 / Sq Ft View Prior Sale
09/03/2014 09/03/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $350,000 -- $293 / 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 $4,147 $926,400 $0 $926,400
2024 $3,574 $521,800 $0 $521,800
2023 $3,574 $521,800 $0 $521,800
2022 $3,600 $521,800 $0 $521,800
2021 $3,600 $521,800 $0 $521,800
2020 $611 $76,400 $0 $76,400
2019 $611 $244,500 $0 $244,500
2018 $1,907 $244,500 $0 $244,500
2017 $2,441 $307,000 $0 $307,000
2016 $1,924 $224,200 $0 $224,200
2015 $1,814 $224,200 $0 $224,200
2014 $1,769 $224,200 $0 $224,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100326461

Hive MLS

APN: R09006-033-001-014