NOT LISTED FOR SALE

Estimated Value: $498,000 - $534,000

2 Beds
2 Baths
750 Sq Ft
$330/mo HOA Fee

Last Sold May 15, 2013

Last sale price $170,500 $227 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $3,260/month

823 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Balcony
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Security Service

About This Home

As of May 2013

Enjoy unparalled panoramic views from this beautiful 2-BR, 2-BA oceanfront condo in the resort complex of Cabana de Mar. This lovely 3rd floor unit features fabulous updates, an amazing rental history (~$16,000 gross income in 2010), & best of all, is priced to sell. Relax in the wonderful living areas or outdoor covered balcony, taking in the sights and sounds of the ocean. Updates incl. ceramic tile floors throughout; a completely renovated kitchen with beautiful new cabinetry, breakfast bar, and Corian countertops; a Trane HVAC unit (less than 3 years old); & new window treatments. The complex is well maintained & offers gated access to covered parking, security, full-sized outdoor pool, an elevator, & gorgeous landscaping. HOA fees cover most everything (incl. internet); there is

Last Agent to Sell the Property

Alicia Devereaux

Nest Realty License #216769 Listed on: 02/01/2011

Nest Realty

Last Buyer's Agent

Lexi Sweetz Pate

Nest Realty License #226246

Nest Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1984

Lot Details

  • Ocean Front
  • Decorative Fence

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Steel Frame
  • Concrete Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Water Views
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Lighted Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Flood Insurance May Be Required

Community Details

Overview

  • Master Insurance
  • Cabana De Mar Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,729

Year Built

Built in 1984

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Block, Steel Frame, Concrete
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile
  • Heated Sq Ft: 0 - 200, 600 - 799
  • Interior Amenities: Blinds/Shades, Furnished, Elevator, Ceiling Fan(s)
  • List Price per Sq Ft: 238.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 750.00
  • Total Heated Primary Separate Sq Ft: 750.00

Exterior Features

  • Fencing: Metal/Ornamental
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: Lghtd
  • Parking Driveway: Carport, On Site, Lighted

Utilities

  • Appliances Equipment: Dryer, Washer, Refrigerator
  • Cooling System: Central
  • 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: Cable, Pest Control, Water, Trash, Taxes, Sewer, Security, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 3960.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2659.00
  • Lot Dimensions: CONDO
  • Zoning: CBD

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2011
Closed on
May 13, 2013
Sold by
Dragone Mark Andrew and Dragone Wendy Marie
Bought by
Rodgers William Ezra and Rodgers Michelle Reagan
Seller's Agent
Alicia Devereaux
Nest Realty
Buyer's Agent
Lexi Sweetz Pate
Nest Realty
List Price
$214,500
Sold Price
$170,500
Premium/Discount to List
-$44,000
-20.51%
Current Estimated Value
$511,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,433
Original Mortgage
$223,500
Outstanding Balance
$165,294
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2008
Sold by
Bryant Sarah Lynn
Bought by
Dragone Mark Andrew and Dragone Wendy Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2000
Sold by
Port South Insurance Agency
Bought by
Bryant Kenneth K

Purchase Details

Closed on
Jan 4, 1999
Sold by
Strickland Judith B
Bought by
Port South Insurance Agency

Purchase Details

Closed on
May 1, 1996
Sold by
Mishra H J Illa
Bought by
Strickland Judith B

Purchase Details

Closed on
Jul 1, 1987
Sold by
Boardwalk Dev Co Inc
Bought by
Mishra H J

Purchase Details

Closed on
Jan 1, 1984
Bought by
Boardwalk Dev Co Inc
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
Rodgers William Ezra $170,500 None Available
Dragone Mark Andrew $220,000 None Available
Bryant Kenneth K $82,000 --
Port South Insurance Agency $69,500 --
Strickland Judith B $76,000 --
Mishra H J $52,000 --
Boardwalk Dev Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodgers William Ezra $223,500
Previous Owner Dragone Mark Andrew $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $170,500 -20.5% $227 / Sq Ft
05/04/2013 05/04/13 Pending -- -- --
02/01/2011 02/01/11 For Sale $214,500 -- $286 / 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 $2,729 $398,400 $0 $398,400
2022 $2,669 $398,400 $0 $398,400
2021 $0 $398,400 $0 $398,400
2020 $1,309 $163,600 $0 $163,600
2019 $327 $163,600 $0 $163,600
2018 $0 $163,600 $0 $163,600
2017 $1,301 $163,600 $0 $163,600
2016 $1,050 $122,400 $0 $122,400
2015 $990 $122,400 $0 $122,400
2014 $966 $122,400 $0 $122,400
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 30458942

Hive MLS

APN: R09006-006-006-042