NOT LISTED FOR SALE

316 Cape Fear Blvd Carolina Beach, NC 28428

Estimated Value: $532,000 - $741,457

10 Beds
10 Baths
5,134 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $630,000 $123 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,389/month

334 Days on Market

Highlights

  • 0.56 Acre Lot
  • No HOA
  • 1-Story Property
  • Carolina Beach Elementary School Rated A-
  • Carpet

About This Home

As of July 2013

A great opportunity to own a 12 unit apartment community on the Island!!!! The property consists of four lots extended from Cape Fear Blvd to Raleigh St. All units have full kitchens and laundry room availability. There are 2 two bedroom units, 5 one bedroom units and 5 efficiencies. Current owner rents each unit for $175.00 weekly with no consistent vacancies. The opportunities are endless. you can keep as is, rebuild, make commercial, and separate the four lots to accommodate what your heart desires. Three blocks from the ocean makes this an investors dream. A rare opportunity to be able to purchase a cash flow investment and one of the few properties available on the Island that exist, take advantage today. Contact me for further details.Motivated Seller! Seller financing available.

Last Agent to Sell the Property

Eliza Santos

Coldwell Banker Sea Coast Advantage Listed on: 08/20/2012

Last Buyer's Agent

Rick Rogge

Coldwell Banker Sea Coast Advantage-CB License #267945

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 125x75x50x150x100
  • Property is zoned R-10

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stick Built Home

Interior Spaces

  • 5,134 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 313010451543000

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 5000 - 5499
  • List Price per Sq Ft: 136.15
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 10
  • Total Bathrooms: 10.00
  • Bedrooms: 10
  • Number Rooms: 12
  • Primary Bedroom Level: First
  • Sq Ft Heated: 5134.00
  • Total Heated Primary Separate Sq Ft: 5134.00

Exterior Features

  • Foundation: Slab
  • On Site Pool Spa: None
  • Roof: Shingle

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Refrigerator
  • Cooling System: Wall/Window Unit(s)
  • 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: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 8877.00
  • Lot Acres: 0.56
  • Lot Dimensions: 125x75x50x150x100
  • Lot Sq Ft: 24394.00
  • Zoning: R-10

Tax Info

  • Tax Identifier: 313010451543000

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2021
Sold by
Turtle Bay Llc
Bought by
Sherry John P and Sherry Wesley M
Current Estimated Value
$636,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,910
Outstanding Balance
$441,177
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$195,552

Purchase Details

Closed on
Aug 30, 2021
Sold by
Turtle Bay Llc
Bought by
316 Cape Fear Blvd Townhomes Owners Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,910
Outstanding Balance
$441,177
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$195,552

Purchase Details

Closed on
Feb 26, 2021
Sold by
Ladies Love Cash Llc
Bought by
Kapella David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2021
Sold by
Ladies Love Cash Llc
Bought by
Turtley Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 20, 2012
Closed on
Jul 26, 2013
Sold by
St Russo Jr Robert J and St Lawrence Joanne
Bought by
Ladies Love Cash Llc
Seller's Agent
Eliza Santos
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Rick Rogge
Coldwell Banker Sea Coast Advantage-CB
List Price
$749,000
Sold Price
$630,000
Premium/Discount to List
-$119,000
-15.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%

Purchase Details

Closed on
May 19, 1999
Sold by
Triplett Morris
Bought by
Triplett Glenda P

Purchase Details

Closed on
Mar 16, 1999
Sold by
Adkins Glenda Robert
Bought by
Russo Robert J

Purchase Details

Closed on
Apr 4, 1989
Sold by
Austin Tommy Lee
Bought by
Triplett Morris Glenda P

Purchase Details

Closed on
Oct 1, 1987
Sold by
The Lighthouse Inn
Bought by
Austin Tommy Lee

Purchase Details

Closed on
May 1, 1982
Sold by
Austin Tommy Lee
Bought by
The Lighthouse Inn

Purchase Details

Closed on
May 1, 1981
Sold by
Tucker Blanche S
Bought by
Austin Tommy Lee

Purchase Details

Closed on
Apr 1, 1981
Sold by
Nicolaysen Laurence Nancy
Bought by
Tucker Blanche S

Purchase Details

Closed on
May 1, 1976
Sold by
Tucker Blanche S
Bought by
Nicolaysen Laurence Nancy

Purchase Details

Closed on
Jan 1, 1975
Sold by
Huff Louie Norma S
Bought by
Tucker Blanche S

Purchase Details

Closed on
Jun 1, 1972
Bought by
Huff Louie Norma S
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
Sherry John P $541,500 None Available
Duquette Karen $540,000 None Available
Duquette Karen $540,000 None Listed On Document
316 Cape Fear Blvd Townhomes Owners Assn -- None Available
316 Cape Fear Boulevard Townhomes Owners Asso -- None Listed On Document
Kapella David $240,000 None Available
Kapella David $240,000 Barnes Ned M
Turtley Bay Llc $220,000 None Available
Ladies Love Cash Llc $675,000 None Available
Triplett Glenda P -- --
Russo Robert J $275,000 --
Triplett Morris Glenda P $100,000 --
Austin Tommy Lee -- --
The Lighthouse Inn $120,000 --
Austin Tommy Lee $60,000 --
Tucker Blanche S $48,000 --
Nicolaysen Laurence Nancy $48,000 --
Tucker Blanche S -- --
Huff Louie Norma S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duquette Karen $485,910
Closed Duquette Karen $485,910
Closed Sherry John P $267,179
Previous Owner Turtley Bay Llc $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $630,000 -15.9% $123 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
08/20/2012 08/20/12 For Sale $749,000 -- $146 / 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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $1,283 $186,000 $186,000 $0
2020 $1,590 $198,700 $198,700 $0
2019 $3,202 $400,200 $198,700 $201,500
2018 $3,122 $400,200 $198,700 $201,500
2017 $3,182 $400,200 $198,700 $201,500
2016 $3,793 $442,100 $236,100 $206,000
2015 $3,577 $442,100 $236,100 $206,000
2014 $3,488 $442,100 $236,100 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30480610

Hive MLS

APN: R09006-018-004-000