NOT LISTED FOR SALE

314 Spencer Farlow Dr Unit 1 Carolina Beach, NC 28428

Estimated Value: $401,000 - $520,000

3 Beds
2 Baths
1,201 Sq Ft
4,792 Sq Ft Lot

Last Sold October 19, 2018

Last sale price $245,000 $204 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,686/month

54 Days on Market

Highlights

  • Waterfront Community
  • Marina View
  • Boat Ramp
  • Carolina Beach Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of October 2018

Intracoastal Waterway view First Floor Condo with 3 beds & 2 full baths! Gorgeous water view from your kitchen, dining room, living room and covered porch, which overlook the beauty of Snows Cut & the Intracoastal Waterway! Bring the boat! There's plenty of covered parking for it onsite and the public boat ramp is only steps away! Park your car and travel like an islander take your golf cart to the beach from here! Direct access to the Carolina Beach Greenway nature trail is right in your backyard! Freshly painted & brand new stainless steel appliances convey! Move in now or rent as an Airbnb for an estimated $1500-$1800 per week! No HOA dues! New maps show property is Not in a flood zone! (eff. 8/28/18) Hurry! This is the Best value on the Island!!!

Last Agent to Sell the Property

Jim Spicuzza

Coastal Properties License #132851 Listed on: 07/12/2018

Coastal Properties

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 2003

Lot Details

  • End Unit

Property Views

  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Formal Dining Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Boat Ramp
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R08806-002-005-001

Community Details

Overview

  • Property has a Home Owners Association
  • Roof Maintained by HOA
  • Master Insurance
  • Maintained Community

Recreation

  • Waterfront Community

Security

  • Security Lighting
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,838

Year Built

Built in 2003

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: 1.0
  • Stories Levels: 1st Floor Unit, Two, One, Half Building, End Unit
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination, Formal
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Skylights, Walk-In Closet, Smoke Detectors, Pantry, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 208.08
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1201.00
  • Total Heated Primary Separate Sq Ft: 1201.00

Exterior Features

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

Garage/Parking

  • Garage And Parking: Tandem
  • Attached Carport Spaces: 4.00
  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking R V Boat Spaces: 2.00
  • Total Carport Spaces: 4.00
  • Parking Driveway: Assigned, Off Street, Paved, On Site, Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Vent Hood, Stove/Oven - Electric, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Roof, Master Insure, Maintenance Structure, Maint - Grounds

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 14971509.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100x58x106
  • Lot Number: 1
  • Lot Sq Ft: 5000.00
  • Lot Water Features: Boat Ramp, Water Access Comm, Waterfront Comm, Second Row
  • Zoning: Residential
  • Lot View Type: ICW View, Water View, Marina View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R08806-002-005-001
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 1318.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Oct 15, 2018
Sold by
Harbourside Holdings Llc
Bought by
Gianotti Simone
Seller's Agent
Jim Spicuzza
Coastal Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$479,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,685
Avg. Annual Appreciation
10.25%
Original Mortgage
$183,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jun 22, 2018
Sold by
Llamas Ariana and Stohner Ariana
Bought by
Harbourside Holdings Llc
Seller's Agent
Jim Spicuzza
Coastal Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$215,000
Sold Price
$239,000
Premium/Discount to List
$24,000
11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Jul 18, 2017
Sold by
Sternal Lee and Sternal Mary Ann
Bought by
Stohner Ariana

Purchase Details

Closed on
Dec 22, 2003
Sold by
Ramsey Rex Candace A Brady
Bought by
Sternal Lee Mary Ann

Purchase Details

Closed on
Mar 17, 2003
Sold by
Chaney John F Nancy B
Bought by
Ramsey Rex
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
Gianotti Simone $245,000 None Available
Harbourside Holdings Llc $239,000 None Available
Stohner Ariana $230,000 None Available
Sternal Lee Mary Ann -- --
Ramsey Rex $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gianotti Simone $193,000
Closed Gianotti Simone $183,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $245,000 -2.0% $204 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $249,900 +4.6% $208 / Sq Ft
06/28/2018 06/28/18 Sold $239,000 +11.2% $199 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $215,000 -- $179 / 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 $1,838 $268,300 $0 $268,300
2022 $1,798 $268,300 $0 $268,300
2021 $1,851 $268,300 $0 $268,300
2020 $1,560 $195,000 $0 $195,000
2019 $1,560 $195,000 $0 $195,000
2018 $1,521 $195,000 $0 $195,000
2017 $1,550 $195,000 $0 $195,000
2016 $1,318 $153,600 $0 $153,600
2015 $1,243 $153,600 $0 $153,600
2014 $1,212 $153,600 $0 $153,600
Source: Public Records

Agents Affiliated with this Home

  • Jim Spicuzza

    Seller's Agent in 2018

    Jim Spicuzza

    Coastal Properties

    (910) 443-4283

    4 in this area

    113 Total Sales

    Jim Spicuzza
    Section Image

  • A

    Buyer's Agent in 2018

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100125186

Hive MLS

APN: R08806-002-005-001

North Carolina New Hanover County Carolina Beach 28428

314 Spencer Farlow Dr Unit 1, Carolina Beach, NC

This home is located at 314 Spencer Farlow Dr Unit 1, Carolina Beach, NC 28428 since 12 July 2018 and is currently estimated at $479,685, approximately $399 per square foot. This property was built in 2003. 314 Spencer Farlow Dr Unit 1 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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