$230,000
SOLD JUL 10, 2018

314 Spencer Farlow Dr Unit 2 Carolina Beach, NC 28428

3 Beds
2 Baths
1,208 Sq Ft
$100/mo HOA Fee

Recently Sold

$190 Per Sq Ft

8% Below List Price

154 Days on Market

Highlights

  • Marina View
  • Deck
  • Covered patio or porch
  • Carolina Beach Elementary School Rated A-
  • Vaulted Ceiling
  • Balcony

About This Home

As of April 2021

Water Views from your Living Room & Porches make this top floor, 3 Bedroom home most attractive! The property is also walking distance to the public Boat Ramp and to Waterfronte Point Marina where boat slips are available for rent & sale along with swimming pool & clubhouse access. If you work in Wilmington, you'll also love how fast & easy this location is to get on and off the Island. This is ideal as a primary or 2nd home at the Beach! Lower unit may also be available if buyer wants both units. Out of state seller will entertain all reasonable offers.

Last Agent to Sell the Property

Jim Spicuzza

Coastal Properties License #132851 Listed on: 12/16/2017

Coastal Properties

Last Buyer's Agent

REACH Properties

Keller Williams Innovate-Wilmington License #216727

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 2003

HOA Fees

  • $100 Monthly HOA Fees

Property Views

  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

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

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Flood Insurance May Be Required

Utilities

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

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R08806-002-005-002

Community Details

Overview

  • Master Insurance
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,838

Year Built

Built in 2003

Lot Details

0

HOA Fees

$100 per month

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: 2nd Floor Unit, One
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • 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: 198.59
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 1208.00
  • Total Heated Primary Separate Sq Ft: 1208.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • 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: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Assigned, Off Street, Paved, On Site, Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Vent Hood, Ice Maker, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Taxes, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 1200.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 370.00
  • Lot Acres: 0.12
  • Lot Dimensions: condo 50x100x58x106
  • Lot Number: 2
  • Lot Sq Ft: 5227.00
  • Plat Book: 2
  • Plat Page: 26
  • 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: R08806-002-005-002
  • 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
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
7.72%
Original Mortgage
$360,000
Outstanding Balance
$328,536
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$228,148

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
13.36%
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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    Section Image

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: 100093503

Hive MLS

APN: R08806-002-005-002