NOT LISTED FOR SALE

2264 New River Inlet Rd Unit 105 North Topsail Beach, NC 28460

Estimated Value: $168,000 - $197,000

1 Bed
1 Bath
532 Sq Ft
$463/mo HOA Fee

Last Sold June 24, 2022

Last sale price $188,500 $354 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,551/month

11 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • Coastal Elementary Rated 10
  • Deck
  • Furnished

About This Home

As of June 2022

Oceanfront point unit at Topsail Reef. This beautiful unit was remodeled in 2019/2020. Updated kitchen with modern white cabinets and new countertops. Stainless steel appliances. Luxury vinyl plank flooring has been installed though-out. The bathroom has been remodeled with a new vanity and walk-in shower with glass doors and a grab bar. Living room and dining room furnishings new in 2022. Wall A/C unit and baseboard heat were replaced in 2020. The HOA is in the process of replacing all of the oceanfront decks. This deck has been replaced and just needs pickets and paint/sealant. A wall or handrail will be installed by HOA between this unit and the walkway to the beach. Listing agent has an ownership interest in this property. Topsail Reef is an oceanfront condo community. Amenities include a beautiful beach, laundry facilities and a sports court.

Last Agent to Sell the Property

Tenley Grazioli

Ocean Life Realty License #213144 Listed on: 04/27/2022

Last Buyer's Agent

Uncharted Realty Group

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1980

Lot Details

  • Ocean Front

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

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

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Schools

  • Coastal Elementary School
  • Dixon Middle School
  • Dixon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Co-Op Water
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 778c-8.105

Community Details

Overview

  • Master Insurance
  • Topsail Reef Subdivision
  • Maintained Community

Pet Policy

  • Only Owners Allowed Pets

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,508

Year Built

Built in 1980

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit
  • Year Built: 1980
  • 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: 400 - 599
  • Interior Amenities: 1st Floor Master, Furnished, Walk-in Shower, Smoke Detectors, Ceiling Fan(s)
  • Laundry Location: None
  • List Price per Sq Ft: 336.47
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Sq Ft Heated: 532.00
  • Total Heated Primary Separate Sq Ft: 532.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: Parking Lot
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Baseboard
  • Service Providers Electric Provider: Jones-Onslow EMC
  • Service Providers Sewer Provider: Pluris LLC
  • Service Providers Water Provider: Onslow Water Authority
  • Utilities: Community Water, Private Sewer
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Water, Sewer, Trash, Taxes, Maint - Comm Areas, Pest Control, Owner Pets Only, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 5560.08

Lot Info

  • Deed Page: 351.00
  • Lot Number: 7
  • Lot Water Features: Ocean Side, Waterfront Comm
  • Zoning: R-5
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 778c-8.105
  • Tax Year: 2021

MLS Schools

  • Elementary School: Coastal
  • High School: Dixon
  • Middle School: Dixon
  • School District: Onslow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 1, 2022
Sold by
Cinda Sullivan
Bought by
Hibbert Donald Lee and Hibbert Laura Janice
Seller's Agent
Tenley Grazioli
Ocean Life Realty
Buyer's Agent
Uncharted Realty Group
Keller Williams Innovate-Wilmington
List Price
$179,000
Sold Price
$188,500
Premium/Discount to List
$9,500
5.31%
Current Estimated Value
$182,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,420
Avg. Annual Appreciation
-1.01%
Original Mortgage
$136,875
Outstanding Balance
$130,043
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$52,037

Purchase Details

Closed on
Apr 25, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sullivan Mark

Purchase Details

Closed on
Jul 13, 2007
Sold by
Bennett William D and Bennett Claire M
Bought by
Paonessa James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2005
Sold by
Pell David L and Pell Jayne M
Bought by
Bennett William D and Bennett Claire M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hibbert Donald Lee $188,500 Lindquist Aaron D
Sullivan Mark -- Attorney
Paonessa James $95,000 None Available
Bennett William D $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbert Donald Lee $136,875
Previous Owner Paonessa James $71,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2022 06/24/22 Sold $188,500 +5.3% $354 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $179,000 -- $336 / 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 $1,508 $139,000 $0 $139,000
2024 $1,508 $139,000 $0 $139,000
2023 $1,508 $139,000 $0 $139,000
2022 $1,508 $139,000 $0 $139,000
2021 $346 $29,680 $0 $29,680
2020 $331 $29,680 $0 $29,680
2019 $331 $29,680 $0 $29,680
2018 $556 $53,000 $0 $53,000
2017 $801 $75,000 $0 $75,000
2016 $801 $75,000 $0 $0
2015 $801 $75,000 $0 $0
2014 $801 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100323893

Hive MLS

APN: 018822