NOT LISTED FOR SALE

202 Spencer Farlow Dr Unit 1 Carolina Beach, NC 28428

Estimated Value: $481,141 - $696,000

4 Beds
3 Baths
1,783 Sq Ft
$351/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $459,000 $257 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,653/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Marina
  • Boat Slip
  • Carolina Beach Elementary School Rated A-
  • Boat Dock
  • Intracoastal View

About This Home

As of March 2021

Paradise found in Carolina Beach! Move right in to this beautifully renovated townhome with deeded 30' boat slip, Class B Membership and access to all amenities at Waterfronte Yacht Club. This incredible home is situated in a quiet, residential area and offers broken views of the ICWW/Snows Cut & Carolina Beach yacht basin. The spacious, open floorplan features 4 bedrooms, 3 full baths, 1800 sq ft of living space, volume ceilings, stunning hardwood floors throughout the main living level and wide-plank ceramic tile floors in all baths. Additional custom finishes throughout include designer lighting fixtures, Norman EcoSmart Woodlore Plantation Shutters, shiplap wall trim & built-ins, as well as shelving & bench seating with cubby storage in foyer entry. The kitchen is the heart of the home and features quartz countertops, Daltile backsplash with an exquisite mix of marble, granite, quartz & glass, huge island for food prep/service and seating for 8 guests, Frigidaire Gallery stainless appliance package, wood cabinetry with soft close doors & drawers, and floor to ceiling built-in pantry. All baths are well-appointed with quartz & granite countertops, elegant wood vanities, tiled showers/bathtub surround - complete with waterproofing system applied to all floor & wall surfaces prior to install of finishes. Large master suite has a massive 11x10 closet and private bath, dual vanities, tile shower w/bench seating & lighting system with Bluetooth capabilities. Enjoy the perks of a covered back deck, low-maintenance landscaped back yard, stone paver patio - surrounded by wood privacy fence. Plenty of covered parking available under the home & is enclosed/secured with gated entry. Large storage room/workshop on ground level. Dual-zoned HVAC System installed Dec 2019; renovations throughout completed 2018-2020. The sale of this property includes MLS#100255312 (boat slip). A one year 2-10 Home Buyers Warranty is also included. Owner is licensed NC Real Estate Broker.

Last Agent to Sell the Property

Joni M. Seivers

WaveHouse Properties, LLC License #229650 Listed on: 01/27/2021

Last Buyer's Agent

Dana White

Coldwell Banker Sea Coast Advantage-CB License #297697

Coldwell Banker Sea Coast Advantage-CB

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 2004

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 49x110x49x109
  • Fenced Yard
  • Wood Fence

HOA Fees

  • $196 Monthly HOA Fees

Property Views

  • Intracoastal
  • Pond

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,783 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Shutters
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Home Security

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R08806003020000

Community Details

Overview

  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Waterfront Community
  • Community Pool

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,218

Year Built

Built in 2004

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Pantry, Foyer, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Hall, Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 274.26
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Other Level: Ground
  • Sq Ft Heated: 1783.00
  • Total Heated Primary Separate Sq Ft: 1783.00

Exterior Features

  • Exterior Features: Shutters - Functional
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Patio, Porch, Open, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Disposal
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, See Remarks, Maint - Comm Areas, Marina, Management, Community Pool, Clubhouse, Boat Slip - Assign
  • HOAAssociationFee1Year: 2352.00

Lot Info

  • Deed Page: 1977.00
  • Lot Acres: 0.10
  • Lot Dimensions: 49x110x49x109
  • Lot Sq Ft: 4356.00
  • Lot Water Features: Boat Dock, Water Access Comm, Waterfront Comm, Water Depth 4+, Deeded Water Access, Deeded Water Rights, Boat Slip
  • Special Assessments: $2,400 (Marina) Paid by Seller
  • Zoning: R-1
  • Lot View Type: ICW View, Water View, Pond View

Tax Info

  • Tax Identifier: R08806003020000
  • Tax Year: 2020

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2023
Sold by
Scorby Susan Kay Williams
Bought by
Scorby Family Revocable Living Trust
Current Estimated Value
$625,035

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 8, 2021
Sold by
Repola Steven Shane and Seivers Joni M
Bought by
Williams Susan Kay
Seller's Agent
Joni M. Seivers
WaveHouse Properties, LLC
Buyer's Agent
Dana White
Coldwell Banker Sea Coast Advantage-CB
List Price
$494,000
Sold Price
$459,000
Premium/Discount to List
-$35,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$399,950
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Repola Steven Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.48%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2010
Sold by
Edwards Vickie E and Harris Vickie E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 7, 2005
Sold by
Zehringer Thomas J and Zehringer Kathryn A
Bought by
Harris Vickie E

Purchase Details

Closed on
Aug 10, 2004
Sold by
Low Country Consultants Inc
Bought by
Harris Vickie E

Purchase Details

Closed on
Aug 5, 2004
Sold by
Low Country Consultants Inc
Bought by
Zehringer Thomas J Kathryn A

Purchase Details

Closed on
May 11, 2004
Sold by
Noyes Nittaya Drew
Bought by
Low Country Consultants Inc
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 Buyer Sale Price Title Company
Scorby Family Revocable Living Trust -- --
Williams Susan Kay $421,000 None Available
Repola Steven Shane -- None Available
Federal Home Loan Mortgage Corporation $222,499 None Available
Harris Vickie E -- None Available
Harris Vickie E $150,000 --
Zehringer Thomas J Kathryn A $150,000 --
Low Country Consultants Inc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Susan Kay $399,950
Previous Owner Repola Steven Shane $194,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $459,000 -7.1% $257 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $494,000 -- $277 / 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 $2,218 $631,000 $0 $631,000
2023 $2,218 $323,800 $0 $323,800
2022 $2,169 $323,800 $0 $323,800
2021 $2,234 $323,800 $0 $323,800
2020 $1,427 $178,400 $0 $178,400
2019 $1,427 $178,400 $0 $178,400
2018 $1,392 $178,400 $0 $178,400
2017 $1,418 $178,400 $0 $178,400
2016 $1,539 $179,400 $0 $179,400
2015 $1,451 $179,400 $0 $179,400
2014 $1,415 $179,400 $0 $179,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100254087

Hive MLS

APN: R08806-003-020-001