NOT LISTED FOR SALE

312 Spencer Farlow Dr Unit 2 Carolina Beach, NC 28428

Estimated Value: $495,274 - $649,000

4 Beds
3 Baths
1,666 Sq Ft
436 Sq Ft Lot

Last Sold February 06, 2020

Last sale price $315,000 $189 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,243/month

8 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Balcony
  • Carolina Beach Elementary School Rated A-
  • Covered Patio or Porch
  • Living Room

About This Home

As of February 2020

New Listing!! Watch the boats sail down the Intracoastal from your living room, kitchen or porch! This 4 BR 3 BA home is an excellent choice for island living at it's finest. Walking distance to the public boat ramp & Waterfronte Point Marina where boat slips are available for rent & sale. Having a slip there includes pool & clubhouse access. This well appointed island home boasts an open living/ Kitchen concept, covered porches on both levels, kitchen features plenty of counter space and butchers block island for entertaining. Real hard wood flooring in the living/kitchen area add class and durability to this beach home. You'll love the master bedroom's private balcony. If you work in Wilmington, you'll also love how fast & easy this location is to get on and off the Island. Can be lived in or used as a vacation rental with excellent income potential. Direct access to the Carolina Beach Greenway nature trail, new HVAC and no HOA make this a great opportunity.

Last Agent to Sell the Property

Kevin Hill

Coldwell Banker Sea Coast Advantage-CB Listed on: 11/28/2019

Last Buyer's Agent

Travis Beatty

RE/MAX Essential License #276531

RE/MAX Essential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 2004

Lot Details

  • 436

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,666 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Living Room
  • Dining Room
  • Canal Views
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 3 Attached Carport Spaces

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Energy-Efficient Doors
  • Home fronts a canal

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8177
  • Assessor Parcel Number R08806-002-006-002

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,221

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 2004
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 9Ft+ Ceilings
  • List Price per Sq Ft: 195.08
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1666.00
  • Total Heated Primary Separate Sq Ft: 1666.00

Exterior Features

  • Exterior Features: Thermal Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 3.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 3.00
  • Parking Driveway: Carport

Utilities

  • Appliances Equipment: Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2772.00
  • Lot Acres: 0.01
  • Lot Dimensions: condo
  • Lot Number: 8177
  • Lot Sq Ft: 436.00
  • Plat Book: 23
  • Plat Page: 7
  • Zoning: R-1
  • Lot View Type: Canal View, Water View

Tax Info

  • Tax Identifier: R08806-002-006-002
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Luehs Sharon E
Bought by
Sharon Elizabeth Luehs Living Trust and Luehs
Current Estimated Value
$579,069

Purchase Details

Listed on
Nov 28, 2019
Closed on
Jan 30, 2020
Sold by
Baity Janet Bryant and Baity Robert Wayne
Bought by
Luehs Sharon E
Seller's Agent
Kevin Hill
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Travis Beatty
RE/MAX Essential
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$252,030
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2014
Closed on
Jul 23, 2014
Sold by
Fannie Mae
Bought by
Baity Janet Bryant and Baity Rohert Wayne
Seller's Agent
Pam Wooddell
Live Oak Real Estate
Buyer's Agent
Maya Schultz
1st Class Real Estate Coastal Choice
List Price
$215,750
Sold Price
$176,000
Premium/Discount to List
-$39,750
-18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$158,400
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
Zehringer Thomas J and Zehringer Kathryn A
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Jul 30, 2004
Sold by
Plantation Inc
Bought by
Zehringer Thomas J
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
Sharon Elizabeth Luehs Living Trust -- None Listed On Document
Luehs Sharon E $315,000 None Available
Baity Janet Bryant -- None Available
Federal National Mortgage Association $293,603 None Available
Zehringer Thomas J $403,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luehs Sharon E $251,400
Previous Owner Luehs Sharon E $252,030
Previous Owner Baity Janet Bryant $158,400
Previous Owner Zehringer Thomas J $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $315,000 -3.1% $189 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
11/28/2019 11/28/19 For Sale $325,000 +84.7% $195 / Sq Ft
07/23/2014 07/23/14 Sold $176,000 -18.4% $106 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $215,750 -- $130 / 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
2024 $2,221 $324,300 $0 $324,300
2023 $2,221 $324,300 $0 $324,300
2022 $2,638 $324,300 $0 $324,300
2021 $2,238 $324,300 $0 $324,300
2020 $1,432 $179,000 $0 $179,000
2019 $1,432 $179,000 $0 $179,000
2018 $1,396 $179,000 $0 $179,000
2017 $1,423 $179,000 $0 $179,000
2016 $1,697 $197,800 $0 $197,800
2015 $1,600 $197,800 $0 $197,800
2014 -- $197,800 $0 $197,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kevin Hill

    Coldwell Banker Sea Coast Advantage-CB

  • Travis Beatty

    Buyer's Agent in 2020

    Travis Beatty

    RE/MAX

    (910) 338-9596

    2 in this area

    43 Total Sales

    Travis Beatty
    Section Image
  • Pam Wooddell

    Seller's Agent in 2014

    Pam Wooddell

    Live Oak Real Estate

    (910) 470-2532

    1 in this area

    105 Total Sales

    Pam Wooddell
    Section Image

  • M

    Buyer's Agent in 2014

    Maya Schultz

    1st Class Real Estate Coastal Choice

    1 in this area

    7 Total Sales

    Maya Schultz
    Section Image
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Map

Source: Hive MLS

MLS Number: 100194794

Hive MLS

APN: R08806-002-006-002

North Carolina New Hanover County Carolina Beach 28428

312 Spencer Farlow Dr Unit 2, Carolina Beach, NC

This home is located at 312 Spencer Farlow Dr Unit 2, Carolina Beach, NC 28428 since 28 November 2019 and is currently estimated at $579,069, approximately $347 per square foot. This property was built in 2004. 312 Spencer Farlow Dr Unit 2 is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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