$405,000
SOLD APR 15, 2021

314 Spencer Farlow Dr Unit 2 Carolina Beach, NC 28428

3 Beds
2 Baths
1,237 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$327 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Marina View
  • Home fronts a sound
  • Covered patio or porch
  • Carolina Beach Elementary School Rated A-
  • No HOA
  • Balcony

About This Home

As of April 2021

Permanent Vacation when you sit on your screened in porch and watch the boats go by on Snow's Cut, or take your boat a block down to the Wildlife Boat Dock and put it in the water. This top unit has all rooms on one level with beautiful kitchen upgrades including granite countertops and soft close cabinets, new LVT flooring, 2 year old appliances, with an open floor plan. Enjoy all there is to do on Pleasure Island, including a short golf cart ride over to the beach and to the Boardwalk. Walk down to the water and throw your fishing line in and catch tonight's dinner. Covered three car carport and concrete driveway for plenty of parking.This would be a perfect Air B&B for a great investment. Unit #1 below is getting plenty seasonal rent for their unit already.Priced to sell. Come see for yourself!

Last Agent to Sell the Property

David Elam

Intracoastal Realty Corp License #316394 Listed on: 02/25/2021

Last Buyer's Agent

Ross Tomaselli

Cadence Realty Corporation License #318742

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 2003

Lot Details

  • Home fronts a sound

Property Views

  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 1,237 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • 3 Attached Carport Spaces
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number R08806002005000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,560

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
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Walk-In Closet, Pantry, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 323.28
  • 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: 1237.00
  • Total Heated Primary Separate Sq Ft: 1237.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony, Porch, Screened, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 3.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 3.00
  • Parking Driveway: Assigned, Paved, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Vent Hood, Washer, Refrigerator, Ice Maker, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 103115.00
  • Lot Acres: 0.12
  • Lot Description: Open
  • Lot Dimensions: 50x98x62x107
  • Lot Sq Ft: 5227.00
  • Lot Water Features: Sound Side
  • Plat Book: 2
  • Plat Page: 26
  • Zoning: R-1
  • Lot View Type: ICW View, Water View, Marina View

Tax Info

  • Tax Identifier: R08806002005000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 477.75
  • Total Real Estate Property Taxes: 1560.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 15, 2021
Sold by
Conroy Donna Lauren and Fiorenza Michelle Rose
Bought by
Moskal Morgan B
Seller's Agent
David Elam
Intracoastal Realty Corp
Buyer's Agent
Ross Tomaselli
Cadence Realty Corporation
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$360,000
Outstanding Balance
$328,536
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$234,968

Purchase Details

Closed on
Sep 13, 2019
Sold by
Yale Doug and Yale Carol
Bought by
Conroy Donna Lauren and Fiorenza Michelle Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2017
Closed on
Jun 22, 2018
Sold by
Sternal Lee and Sternal Maryann
Bought by
Yale Doug and Yale Carol
Seller's Agent
Jim Spicuzza
Coastal Properties
Buyer's Agent
REACH Properties
Keller Williams Innovate-Wilmington
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Original Mortgage
$184,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Ramsey Rex B Candace A Brady
Bought by
Sternal Lee Maryann

Purchase Details

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

Purchase Details

Closed on
Mar 17, 2003
Sold by
Chaney John F Nancy B
Bought by
Ramsey Rex
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $405,000 None Available
Warranty Deed $265,000 None Available
Warranty Deed $230,000 None Available
Deed $225,000 --
Deed -- --
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $184,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $489,000 +20.7% $394 / Sq Ft
04/15/2021 04/15/21 Sold $405,000 +1.3% $327 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $399,900 +73.9% $323 / Sq Ft
07/10/2018 07/10/18 Sold $230,000 -8.0% $190 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
12/16/2017 12/16/17 For Sale $249,900 -- $207 / 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

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Map

Source: Hive MLS

MLS Number: 100258388

Hive MLS

APN: R08806-002-005-002