NOT LISTED FOR SALE

2264 New River Inlet Rd Unit 204 North Topsail Beach, NC 28460

Estimated Value: $162,000 - $197,000

1 Bed
1 Bath
532 Sq Ft
$510/mo HOA Fee

Last Sold May 12, 2023

Last sale price $195,000 $367 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,586/month

21 Days on Market

Highlights

  • Community Beach Access
  • Water Access
  • Deck
  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom

About This Home

As of May 2023

Are you looking for a successful oceanfront airbnb rental? This is it! This adorable, remodeled condo produces an average of 34k a year!! Open concept living room, with a master bedroom and built in bunk beds. Situated on the left side of building number 1, it has one of the best views in the complex! Being offered fully furnished and ready to go! New decks throughout building! Best of all, the beach has recently been re-nourished, there is so much room to soak up the sun and sand!

Last Agent to Sell the Property

Molly Tilyou

Nest Realty License #285645 Listed on: 03/15/2023

Nest Realty

Last Buyer's Agent

Realist Homes

Keller Williams Transition License #281890

Keller Williams Transition

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1980

Lot Details

  • 174

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tar and Gravel Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

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

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Water Access
  • Ocean Side of Freeway
  • Deck

Schools

  • Dixon Elementary And Middle School
  • Dixon High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Co-Op Water
  • Cable TV Available

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 031602

Community Details

Overview

  • Master Insurance
  • Topsail Reef Poa
  • Topsail Reef Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Basketball Court

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,508

Year Built

Built in 1980

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: A
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 1980
  • Road Frontage Type: Ocean Front
  • Rental Information: Is Property Subject to Lease?, Is Property Subject to Vacation Rental Act, Is the Seller the Property Manager
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Laundry Location: None
  • List Price per Sq Ft: 375.75
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Sq Ft Heated: 532.00
  • Total Heated Primary Separate Sq Ft: 532.00
  • Furnished: Furnished

Exterior Features

  • Exterior Finish: Composition, Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Tar/Gravel
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved, Shared

Utilities

  • Appliances Equipment: Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Other-See Remarks
  • Utilities: Municipal Sewer, Municipal Water, See Remarks
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Barbecue, Basketball Court, Beach Access, Cable, Flood Insurance, Laundry, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Sewer, Tennis Court(s), Trash, Water
  • HOAAssociationFee1Year: 6116.04
  • HOAAssociationName: Topsail Reef POA

Condo/Co-op/Association

  • Unit Type: 1 Bedroom

Schools

  • School District: Onslow

Lot Info

  • Deed Book: 4555
  • Deed Page: 196.00
  • Lot Sq Ft: 532.00
  • Lot Water Features: Ocean Side, Water Access Comm, Waterfront Comm
  • Plat Book: 1
  • Plat Page: 2
  • Special Assessments: Yes. 2 payments of $2,500.
  • Zoning: R-5
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 031602
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1508.15

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Dec 9, 2016
Sold by
Guiney Olsen Katherine and Olsen David E
Bought by
Alchemy Investments Llc
Seller's Agent
Cheri Shepard
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$52,000
Sold Price
$37,500
Premium/Discount to List
-$14,500
-27.88%
Current Estimated Value
$179,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,363
Avg. Annual Appreciation
20.56%

Purchase Details

Closed on
May 8, 2009
Sold by
Messineo Christopher A and Messineo Martha H
Bought by
Guiney Olsen Katherine and Olsen David E

Purchase Details

Closed on
Jan 4, 2007
Sold by
Smith James T and Smith Kerri
Bought by
Messineo Christopher A and Messineo Martha H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
6.1%
Mortgage Type
Unknown
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
Alchemy Investments Llc $37,500 Attorney
Guiney Olsen Katherine $87,500 None Available
Messineo Christopher A $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Messineo Martha Hall $17,000
Previous Owner Messineo Christopher A $86,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $195,000 -2.5% $367 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $199,900 +433.1% $376 / Sq Ft
12/21/2016 12/21/16 Sold $37,500 -27.9% $70 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $52,000 -- $98 / 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 $617 $53,000 $0 $53,000
2020 $591 $53,000 $0 $53,000
2019 $591 $53,000 $0 $53,000
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: 100374015

Hive MLS

APN: 031602