NOT LISTED FOR SALE

306 Carolina Beach Ave S Carolina Beach, NC 28428

Estimated Value: $1,206,000 - $1,640,000

0.14 Acre
$10,143,814 Price per Acre
6,098 Sq Ft Lot

Last Sold June 18, 2019

Last sale price $260,000

Est. 446% increase in value since last sale

Current estimated payment $7,433/month

473 Days on Market

About This Lot

As of June 2019

Fabulous opportunity to purchase a 2nd row vacant lot in CB. Zoning allows single family, duplexes, multi family dwellings as well as businesses or restaurants.. So many possibilities!! Short walk to the boardwalk, lake, ocean, and restaurants.

Last Agent to Sell the Property

Joyce Barnwell

Intracoastal Realty Corp License #84180 Listed on: 02/09/2018

Intracoastal Realty Corp

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Cleared Lot
  • Property is zoned T-1

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number R09010-004-004-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Page: 571574.00
  • Lot Dimensions: 50x125
  • Lot Number: 8
  • Lot Sq Ft: 6098.00
  • Zoning: T-1
  • Acres: 0.14
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 2135714.29
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 8

Tax Info

  • Tax Identifier: R09010-004-004-000
  • Tax Year: 2017

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Carolina Beach Ave S Llc
Bought by
Cbas Townhomes Hoa Inc
Current Estimated Value
$1,420,134

Purchase Details

Listed on
Feb 9, 2018
Closed on
Jun 10, 2019
Sold by
Adams Jonathan D and Adams Lisa Bagwell
Bought by
Carolina Beach Ave S Llc
Seller's Agent
Joyce Barnwell
Intracoastal Realty Corp
Buyer's Agent
A Non Member
A Non Member
List Price
$325,000
Sold Price
$260,000
Premium/Discount to List
-$65,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.60%

Purchase Details

Closed on
Jul 20, 2011
Sold by
The East Carolina Bank
Bought by
Adams Jonathan D and Adams Lisa Bagwell

Purchase Details

Closed on
Jun 9, 2009
Sold by
Koren Benjamin V
Bought by
The East Carolina Bank

Purchase Details

Closed on
Dec 28, 2006
Sold by
Koren Benjamin
Bought by
Koren Benjamin and Klepser David S

Purchase Details

Closed on
Oct 14, 2005
Sold by
Stancil Margaret H
Bought by
Koren Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1991
Sold by
Stancil Roy C Margaret
Bought by
Stancil Margaret
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cbas Townhomes Hoa Inc -- None Listed On Document
Cbas Townhomes Hoa Inc -- None Listed On Document
Montgomery Matthew -- None Listed On Document
Montgomery Matthew -- None Listed On Document
Clark Family Trust -- None Listed On Document
Clark Family Trust -- None Listed On Document
Carolina Beach Ave S Llc $260,000 None Available
Adams Jonathan D $125,000 None Available
The East Carolina Bank $240,000 None Available
Koren Benjamin -- None Available
Koren Benjamin $700,000 None Available
Stancil Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koren Benjamin $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2019 06/18/19 Sold $260,000 -20.0% --
05/28/2019 05/28/19 Pending -- -- --
02/09/2018 02/09/18 For Sale $325,000 -- --
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 -- $0 $0 $0
2024 -- $1,189,900 $309,400 $880,500
2023 $0 $309,400 $309,400 $0
2022 $2,135 $309,400 $309,400 $0
2021 $2,135 $309,400 $309,400 $0
2020 $2,000 $250,000 $250,000 $0
2019 $2,000 $250,000 $250,000 $0
2018 $1,950 $250,000 $250,000 $0
2017 $1,988 $250,000 $250,000 $0
2016 $1,776 $207,000 $207,000 $0
2015 $1,675 $207,000 $207,000 $0
2014 $1,633 $207,000 $207,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Barnwell

    Seller's Agent in 2019

    Joyce Barnwell

    Intracoastal Realty Corp

    (910) 617-7654

    26 in this area

    79 Total Sales

    Joyce Barnwell
    Section Image

  • A

    Buyer's Agent in 2019

    A Non Member

    A Non Member

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Map

Source: Hive MLS

MLS Number: 100100185

Hive MLS

APN: R09010-004-004-000

North Carolina New Hanover County Carolina Beach 28428

306 Carolina Beach Ave S, Carolina Beach, NC

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