NOT LISTED FOR SALE

302 S 5th St Carolina Beach, NC 28428

Estimated Value: $448,160 - $529,000

2 Beds
1 Bath
800 Sq Ft
$608/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $181,000 $226 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,695/month

10 Days on Market

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • 1-Story Property
  • Carolina Beach Elementary School Rated A-
  • Brick or Stone Mason

About This Home

As of December 2017

*Bid Accepted 10/10/17* Are you hunting for a vintage beach escape!? This is it! This Mid-Century home is awaiting your creative mind. Located in the Heart of Carolina Beach! This property is owned by the US DEPT OF HUD. HUD case ID-381-505732 . Seller makes no representations, warranties as to properties current condition. This property is FHA insurable. HUD homes are sold AS IS and are an equal housing opportunity. Seller may contribute up to 3% towards the buyers closing costs only upon request. This property is ''Subject to Appraisal''. Pre-1978 please see attached Lead Base Paint brochure. Owner Occupant offers ONLY until 10/13/17

Last Agent to Sell the Property

Carly Forman

Coastal Green Properties, Inc. License #235173 Listed on: 09/30/2017

Last Buyer's Agent

Brigitte Simone

Intracoastal Realty Corp License #284473

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1957

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Brick or Stone Mason
  • Shingle Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Enclosed Patio or Porch

Community Details

  • No Home Owners Association
  • Heart Of Carolina Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number R09005-017-012-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,745

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1957
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: None
  • List Price per Sq Ft: 194.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Sq Ft Heated: 800.00
  • Total Heated Primary Separate Sq Ft: 800.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: See Remarks
  • Porch Balcony Deck: Enclosed
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Cooling System: See Remarks
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Other-See Remarks

Association/Amenities

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

Lot Info

  • Lot Acres: 0.15
  • Lot Sq Ft: 6534.00
  • Zoning: R3

Tax Info

  • Tax Identifier: R09005-017-012-000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Norwood James E and Norwood Patricia E
Bought by
Norwood Alicia C
Current Estimated Value
$486,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$178,968
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$307,322

Purchase Details

Listed on
Sep 30, 2017
Closed on
Dec 8, 2017
Sold by
Secretary Of Hud
Bought by
Norwood Alicia C and Norwood James
Seller's Agent
Carly Forman
Coastal Green Properties, Inc.
Buyer's Agent
Brigitte Simone
Intracoastal Realty Corp
List Price
$155,500
Sold Price
$181,000
Premium/Discount to List
$25,500
16.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$144,800
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2016
Sold by
Giguere Jack B
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 1, 1981
Sold by
Beck Carl Eugene Jr Sue
Bought by
Giguere Charles Raymond

Purchase Details

Closed on
Jun 1, 1978
Sold by
Beck Carl E
Bought by
Beck Carl Eugene Jr Sue

Purchase Details

Closed on
Sep 1, 1957
Bought by
Beck Carl E
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
Norwood Alicia C -- None Listed On Document
Norwood Alicia C -- None Listed On Document
Norwood Alicia C -- None Available
Secretary Of Hud -- None Available
Giguere Charles Raymond -- --
Beck Carl Eugene Jr Sue -- --
Beck Carl E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norwood Alicia C $187,000
Closed Norwood Alicia C $187,000
Previous Owner Norwood Alicia C $144,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $181,000 +16.4% $226 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $155,500 -- $194 / 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 $1,745 $431,300 $330,000 $101,300
2024 $1,745 $254,700 $199,500 $55,200
2023 $1,745 $254,700 $199,500 $55,200
2022 $1,707 $254,700 $199,500 $55,200
2021 $1,757 $254,700 $199,500 $55,200
2020 $1,058 $132,200 $72,800 $59,400
2019 $1,058 $132,200 $72,800 $59,400
2018 $1,031 $132,200 $72,800 $59,400
2017 $1,051 $132,200 $72,800 $59,400
2016 $1,182 $137,800 $78,000 $59,800
2015 $1,115 $137,800 $78,000 $59,800
2014 $544 $137,800 $78,000 $59,800
Source: Public Records

Agents Affiliated with this Home

  • Carly Forman

    Seller's Agent in 2017

    Carly Forman

    Coastal Green Properties, Inc.

    (910) 228-4333

    19 in this area

    93 Total Sales

    Carly Forman
    Section Image
  • Brigitte Simone

    Buyer's Agent in 2017

    Brigitte Simone

    Intracoastal Realty Corp

    (910) 458-2001

    4 in this area

    134 Total Sales

    Brigitte Simone
    Section Image
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Map

Source: Hive MLS

MLS Number: 100084121

Hive MLS

APN: R09005-017-012-000

North Carolina New Hanover County Carolina Beach 28428

302 S 5th St, Carolina Beach, NC

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