NOT LISTED FOR SALE

306 S Lake Park Blvd Unit 201 Carolina Beach, NC 28428

Estimated Value: $395,000 - $740,000

2 Beds
2 Baths
1,750 Sq Ft
1985 Built

Last Sold January 23, 2012

Last sale price $139,000 $79 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $3,283/month

78 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Corner Lot
  • Carolina Beach Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to Carolina Beach Lake Park

About This Home

As of January 2012

Spacious two bedroom, two bath condo with fantastic views of Carolina Beach Lake. Large living room and covered balcony for entertaining. Close to restaurants, bars, boardwalk and shopping. Within walking distance to the beach and lake. This home could be put on a vacation rental program to generate income if not used as primary residence. Bring offers!

Last Agent to Sell the Property

Jeff Coley

BlueCoast Realty Corporation License #268740 Listed on: 09/20/2011

Last Buyer's Agent

Jason Bell

Keller Williams Innovate-Wilmington License #225212

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Lake Views
  • Attic Is Not Usable

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • 1 Detached Carport Space
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Brick Fence
  • Flood Insurance May Be Required

Listing and Financial Details

  • Tax Lot 3340

Community Details

Overview

  • Property has a Home Owners Association
  • Master Insurance
  • Park View Villas Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,825

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor Unit, Two
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: No Access
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Brick, Wood, Tile, Carpet
  • Heated Sq Ft: 0 - 200, 1600 - 1799
  • Interior Amenities: Blinds/Shades, Furnished, Elevator, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 108.57
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1750.00
  • Total Heated Primary Separate Sq Ft: 1750.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Fencing: Brick
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Detached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Pest Control, Water, Trash, Termite Bond, Taxes, Sewer, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas

Lot Info

  • Deed Page: 90.00
  • Lot Description: Corner Lot
  • Lot Number: 3340
  • Zoning: R-10
  • Lot View Type: Lake View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2011
Closed on
Jan 11, 2012
Sold by
Turner William R and Turner Patricia W
Bought by
Mcadams Delmar W
Seller's Agent
Jeff Coley
BlueCoast Realty Corporation
Buyer's Agent
Jason Bell
Keller Williams Innovate-Wilmington
List Price
$190,000
Sold Price
$139,000
Premium/Discount to List
-$51,000
-26.84%
Current Estimated Value
$582,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,346
Avg. Annual Appreciation
10.96%
Original Mortgage
$111,200
Outstanding Balance
$76,599
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$505,747

Purchase Details

Closed on
Aug 28, 2003
Sold by
Johnston James Garlanda
Bought by
Turner William R Patricia W

Purchase Details

Closed on
Dec 14, 2001
Sold by
Bolden Ivania
Bought by
Johnston James Garlanda

Purchase Details

Closed on
Aug 4, 2000
Sold by
Bolden Astor V Ivania
Bought by
Bolden Ivania

Purchase Details

Closed on
Jun 22, 1993
Sold by
Barclays Business Credit Inc
Bought by
Bolden Astor

Purchase Details

Closed on
Feb 3, 1993
Sold by
Barclays Bank and North Carolina
Bought by
Barclays Business Credit Inc

Purchase Details

Closed on
Mar 21, 1990
Sold by
Driftwood Villas
Bought by
Barclays Bank and North Carolina

Purchase Details

Closed on
Aug 1, 1988
Sold by
Parrish Wm E
Bought by
Driftwood Villas

Purchase Details

Closed on
Aug 1, 1987
Sold by
Parrish William E Magalin
Bought by
Parrish Wm E

Purchase Details

Closed on
Jul 1, 1987
Sold by
Driftwood Villas Dev Corp
Bought by
Parrish William E Magalin

Purchase Details

Closed on
Jun 1, 1984
Bought by
Driftwood Villas Dev Corp
Source: Public Records

Range of Values:

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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
Mcadams Delmar W $139,000 None Available
Turner William R Patricia W $167,500 --
Johnston James Garlanda $80,000 --
Bolden Ivania -- --
Bolden Astor $135,000 --
Barclays Business Credit Inc -- --
Barclays Bank -- --
Driftwood Villas -- --
Parrish Wm E $25,000 --
Parrish William E Magalin $305,000 --
Driftwood Villas Dev Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcadams Delmar W $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2012 01/23/12 Sold $139,000 -26.8% $79 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
09/20/2011 09/20/11 For Sale $190,000 -- $109 / 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 $2,825 $631,000 $0 $631,000
2023 $2,124 $310,000 $0 $310,000
2022 $2,077 $310,000 $0 $310,000
2021 $2,139 $310,000 $0 $310,000
2020 $2,115 $264,400 $0 $264,400
2019 $2,115 $264,400 $0 $264,400
2018 $2,062 $264,400 $0 $264,400
2017 $2,296 $288,800 $0 $288,800
2016 $1,606 $187,200 $0 $187,200
2015 $1,514 $187,200 $0 $187,200
2014 $1,477 $187,200 $0 $187,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeff Coley

    BlueCoast Realty Corporation

  • Jason Bell

    Buyer's Agent in 2012

    Jason Bell

    Keller Williams Innovate-Wilmington

    (910) 599-8029

    3 in this area

    124 Total Sales

    Jason Bell
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Map

Source: Hive MLS

MLS Number: 30468280

Hive MLS

APN: R09010-002-002-007

North Carolina New Hanover County Carolina Beach 28428

306 S Lake Park Blvd Unit 201, Carolina Beach, NC

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