NOT LISTED FOR SALE

217 N 3rd Ave Kure Beach, NC 28449

Estimated Value: $497,000 - $831,563

0.11 Acre
$6,038,927 Price per Acre
5,000 Sq Ft Lot

Last Sold September 22, 2022

Last sale price $360,000 $928 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,849/month

45 Days on Market

About This Lot

As of September 2022

*** Location, location, location! Buildable lot in the quaint and highly desirable beach town of Kure Beach just a short distance of approximately (.25 of a mile) to the ocean, beach, restaurants, fishing pier & shopping *** Here is your opportunity to buy and build that dream home or duplex investment on this 50' x 100' cleared buildable lot that has sewer, water and electric connections NOT located in a flood zone! Build up to the full 35' height limit in Kure Beach with possible ocean views and enjoy this tucked away neighborhood with no HOA dues, rules or restrictions. Contact me today for details!!!

Last Listed By

Ea Ruth

The Property Shop International Realty Listed on: 02/09/2022

The Property Shop International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,575

Year Built

  • 1950

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Cleared Lot
  • Property is zoned RA-2

Basement

  • Partial Basement

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number R09213-007-005-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,575

Year Built

1950

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1950

Exterior Features

  • Fencing: Partial, See Remarks
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 50

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 4672
  • Deed Page: 762.00
  • Lot Description: None
  • Lot Dimensions: 50 X 100
  • Lot Number: 5
  • Lot Sq Ft: 5000.00
  • Lot Water Features: Third Row
  • Zoning: RA-2
  • Cleared Acres: 0.11
  • Acres: 0.11
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 3354545.45
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 5

Tax Info

  • Tax Identifier: R09213-007-005-000
  • Tax Year: 2021
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Dutch Built Homes Llc
Bought by
Bruno Timothy A and Bruno Saira
Total Days on Market
45
Current Estimated Value
$664,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,560
Outstanding Balance
$617,451
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$12,359

Purchase Details

Closed on
Jun 1, 2022
Sold by
Edgar Menchhofer Mark
Bought by
Dutch Built Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Menchhofer Raymond E and Menchhofer Diane C
Bought by
Menchhofer Mark Edgar

Purchase Details

Closed on
Feb 28, 1995
Sold by
Potter Blanche W
Bought by
Menchhofer Diane C Raymond E

Purchase Details

Closed on
Jan 31, 1995
Sold by
Potter George
Bought by
Potter Blanche W

Purchase Details

Closed on
Apr 1, 1978
Bought by
Potter George

Range of Values:

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Average Value
Not Available
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
Bruno Timothy A $789,000 None Listed On Document
217 N 3Rd Avenue Townhome Owners Association -- None Listed On Document
Dutch Built Homes Llc $360,000 --
Menchhofer Mark Edgar -- None Available
Menchhofer Diane C Raymond E $47,500 --
Potter Blanche W -- --
Potter George $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Timothy A $631,560
Previous Owner Dutch Built Homes Llc $461,000
Previous Owner Menchhofer Mark Edgar $151,000
Closed Dutch Built Homes Llc $461,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $360,000 -2.4% $928 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $369,000 -5.1% $951 / Sq Ft
03/01/2022 03/01/22 Price Changed $389,000 -2.5% $1,003 / Sq Ft
02/09/2022 02/09/22 For Sale $399,000 -- $1,028 / 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 $1,575 $220,000 $220,000 $0
2022 $10,713 $255,200 $220,000 $35,200
2021 $1,891 $255,200 $220,000 $35,200
2020 $1,770 $197,800 $169,200 $28,600
2019 $1,770 $197,800 $169,200 $28,600
2018 $1,751 $197,800 $169,200 $28,600
2017 $1,691 $197,800 $169,200 $28,600
2016 $1,634 $180,000 $158,900 $21,100
2015 $1,504 $180,000 $158,900 $21,100
2014 $1,468 $180,000 $158,900 $21,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100311464

Hive MLS

APN: R09213-007-015-000