NOT LISTED FOR SALE

2700 Lumina Ave N Unit 306 Wrightsville Beach, NC 28480

Estimated Value: $546,412 - $573,000

1 Bed
1 Bath
526 Sq Ft
$567/mo HOA Fee

Last Sold November 18, 2020

Last sale price $332,000 $631 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,778/month

26 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Ocean Side of Freeway
  • Wrightsville Beach Elementary School Rated A-
  • Indoor Pool
  • Main Floor Primary Bedroom

About This Home

As of November 2020

Wake up to sensational sunrises & enjoy your morning coffee from your oceanfront porch as you gaze at the shimmering ocean & sandy beach while the sea breeze brushes across your shoulders - maybe even watch a school of dolphins dancing in the waves. Spend the day building sandcastles, splashing in the waves, or taking a long peaceful walk in the soft sand to watch wildlife at Mason's Inlet. This 3rd floor unit has beautiful tile flooring, a wonderfully renovated kitchenette with dishwasher, built in microwave and large refrigerator, granite countertops, a gorgeous bathroom with a walk-in shower, and a king-size bed to cozy into after a fun day at the beach. Sofa is a pull-out couch, so the property comfortably sleeps 4. Shell Island Resort offers an indoor & outdoor pool, restaurant, fitness center, onsite parking, and volleyball on the beach. Great as a beach getaway and/or investment property. This ''Premier'' unit has very strong rental history. Shell Island has onsite management to keep your unit well rented. Gross rent for 2019 was approximately $50k

Last Agent to Sell the Property

Michelle Clark

Intracoastal Realty Corp License #237024 Listed on: 09/04/2020

Intracoastal Realty Corp

Last Buyer's Agent

Wes McDaniel

RE/MAX Essential-Brunswick County License #304004

RE/MAX Essential-Brunswick County

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1986

Lot Details

  • Property fronts a marsh
  • Ocean Front
  • Sprinkler System

HOA Fees

  • $567 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Home Design

  • Raised Foundation
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Concrete Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 526 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Pest Guard System

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Parking

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

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Approach with Ramp
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Doors

Pool

Outdoor Features

  • Access to marsh
  • Ocean Side of Freeway
  • Balcony
  • Covered patio or porch

Utilities

  • Central Air
  • Heating Available
  • Co-Op Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R05218-002-002-035

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Shell Island Resort Subdivision
  • Maintained Community

Amenities

  • Restaurant
  • Laundry Facilities

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,235

Year Built

Built in 1986

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Approach with Ramp, Hallways, Elevator, Accessible Entrance
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 1986
  • 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: Tile
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Sprinkler System, Solid Surface, Furnished
  • List Price per Sq Ft: 684.41
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 526.00
  • Total Heated Primary Separate Sq Ft: 526.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Doors, Thermal Windows, Security Lighting, Outdoor Shower
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Raised, Slab
  • On Site Pool Spa: See Remarks
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Road Type Frontage: Paved
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Lighted, Shared, Paved, On Site, Off Street

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Microwave - Built-In, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Sewer, Water, Trash, Taxes, Pest Control, See Remarks, Roof, Restaurant, Playground, No Pets, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Laundry, Indoor Pool, Fitness Center
  • HOAAssociationFee1Year: 6804.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2285.00
  • Lot Water Features: Ocean Side, Waterfront Comm, Salt Marsh
  • Zoning: C-4
  • Lot View Type: ICW View, Water View, Sound View, Ocean View, Marsh View

Rental Info

  • Rental Income Gross Rental Income: 50000.00
  • Annual Gross Rental Income Collected: 50000

Tax Info

  • Tax Identifier: R05218-002-002-035
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 1235.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 14, 2020
Sold by
Rogers Richard Stanley and Rogers Elizabeth Corley
Bought by
Chroman Jesse and Chroman Cynthia
Seller's Agent
Michelle Clark
Intracoastal Realty Corp
Buyer's Agent
Wes McDaniel
RE/MAX Essential-Brunswick County
List Price
$360,000
Sold Price
$332,000
Premium/Discount to List
-$28,000
-7.78%
Current Estimated Value
$562,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,103
Avg. Annual Appreciation
11.87%
Original Mortgage
$226,450
Outstanding Balance
$169,329
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$394,930

Purchase Details

Listed on
May 11, 2016
Closed on
Nov 22, 2016
Sold by
Cavarocchi Nicholas C and Cavarocchi Annna Marie
Bought by
Richard Stanley Rogers Jr Elizabeth Corl
Seller's Agent
Tom Heitman
Wilmington Commercial Real Estate
Buyer's Agent
Tom Heitman
Wilmington Commercial Real Estate
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%

Purchase Details

Closed on
Jul 1, 2011
Sold by
Strickland Tamela B and Strickland Mark A
Bought by
Cavarocchi Nicholas C and Cavarocchi Anna Marie

Purchase Details

Closed on
Apr 15, 2002
Sold by
Carter George C Mozell
Bought by
Strickland Tamela B Mark A

Purchase Details

Closed on
Mar 1, 1994
Sold by
Nicholson Keith R Marianne
Bought by
Carter George C Mozell

Purchase Details

Closed on
Dec 1, 1986
Sold by
Shell Investments Inc
Bought by
Nicholson Keith R Marianne

Purchase Details

Closed on
Nov 1, 1984
Bought by
Shell Investments Inc
Source: Public Records

Range of Values:

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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
Chroman Jesse $332,000 None Available
Richard Stanley Rogers Jr Elizabeth Corl $300,000 None Available
Cavarocchi Nicholas C $225,000 None Available
Strickland Tamela B Mark A $120,000 --
Carter George C Mozell $98,000 --
Nicholson Keith R Marianne $115,000 --
Shell Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chroman Jesse $226,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $332,000 -7.8% $631 / Sq Ft
11/06/2020 11/06/20 Price Changed $360,000 0.0% $684 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $360,000 +20.0% $684 / Sq Ft
12/02/2016 12/02/16 Sold $300,000 -6.3% $517 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $320,000 -- $552 / 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 $1,600 $295,000 $0 $295,000
2022 $1,615 $295,000 $0 $295,000
2021 $1,674 $295,000 $0 $295,000
2020 $1,647 $241,300 $0 $241,300
2019 $1,235 $241,300 $0 $241,300
2018 $0 $241,300 $0 $241,300
2017 $1,683 $241,300 $0 $241,300
2016 $1,754 $232,000 $0 $232,000
2015 $1,640 $232,000 $0 $232,000
2014 -- $232,000 $0 $232,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100235128

Hive MLS

APN: R05218-002-002-035