NOT LISTED FOR SALE

4 Channel Ave Unit A Wrightsville Beach, NC 28480

Estimated Value: $2,665,000 - $3,240,000

4 Beds
3.5 Baths
2,669 Sq Ft
$1,000/mo HOA Fee

Last Sold April 13, 2022

Last sale price $2,456,000 $920 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $17,568/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • Boat Lift
  • Wrightsville Beach Elementary School Rated A-
  • Boat Dock
  • 1-minute walk to Picnic Tables

About This Home

As of April 2022

4A Channel Drive offers an opportunity to take advantage of one of the largest condo units that are waterfront along Banks Channel. This property has sweeping views of Banks Channel for unobstructed views both north and south as well as incredible sunset views to enjoy on one of the tow oversized decks. The property offers a 24-foot boat slip and a boat lift to keep the boat out of the elements and other boat wake. The open floor plan offers sweeping views of the water from the kitchen and living space out to the oversized deck. There is a deep 2-car garage, private outdoor shower with locking door, hot and cold water. Large versatile bonus room upstairs may be used as a bedroom or second living area. Don't miss out on this opportunity! The seller has completed many improvements to the property as follows, New Floating Dock (2015), Soundproof windows, on east side of home (2015), New HVAC (upstairs) (2015), New carpet (upstairs) (2017), New wood floors (downstairs bedrooms) (2017), New HVAC (downstairs) (2018), New Elevator (2018), New Lift Motors (2019). Gross rent for 2021 was $92k. Don't miss out on this opportunity!

Last Agent to Sell the Property

Marcello Caliva

Intracoastal Realty Corp License #244672 Listed on: 02/03/2022

Intracoastal Realty Corp

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 2000

Lot Details

  • Home fronts a sound
  • Irrigation

HOA Fees

  • $1,000 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,669 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry in Hall
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Bulkhead
  • Boat Lift
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane
  • Co-Op Water
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R06308-012-002-001

Community Details

Overview

  • Master Insurance
  • Four Channel Ave Con Subdivision

Recreation

  • Boat Dock

Security

  • Security Lighting
  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,398

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 2nd Floor Unit, Two
  • Year Built: 2000
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 9Ft+ Ceilings, Elevator, Whirlpool, Wet Bar, Walk-In Closet, Skylights, Gas Logs, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Closet, Hookup - Washer, Hookup - Dryer, Hall
  • List Price per Sq Ft: 992.88
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Dining Room Level: Second
  • Family Room Level: Third
  • Great Room Level: Second
  • Kitchen Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2669.00
  • Total Heated Primary Separate Sq Ft: 2669.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors, Storm Windows, Security Lighting, Outdoor Shower
  • Exterior Finish: Composition, Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Assigned, Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Disposal, Dishwasher
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Zoned
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Master Insure, Water, Taxes
  • HOAAssociationFee1Year: 12000.00

Lot Info

  • Deed Page: 2063.00
  • Lot Dimensions: 50x125 condo
  • Lot Water Features: Boat Dock, Sound Side, Deeded Water Rights, Bulkhead, Boat Lift
  • Zoning: R-2
  • Lot View Type: Water View

Rental Info

  • Annual Gross Rental Income Collected: 92000

Tax Info

  • Tax Identifier: R06308-012-002-001
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 9398.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 24, 2022
Sold by
Pulley Robert V and Pulley Tulin A
Bought by
Smith David B and Smith Kristin C
Seller's Agent
Marcello Caliva
Intracoastal Realty Corp
Buyer's Agent
A Non Member
A Non Member
List Price
$2,650,000
Sold Price
$2,456,000
Premium/Discount to List
-$194,000
-7.32%
Current Estimated Value
$2,909,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,326
Avg. Annual Appreciation
5.48%
Original Mortgage
$1,473,600
Outstanding Balance
$1,393,452
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,549,518

Purchase Details

Listed on
Feb 3, 2014
Closed on
Dec 15, 2014
Sold by
Gardner Robin Perece and Gardner Linda G
Bought by
Gardner Robin Pierce and Gardner Linda G
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Marcello Caliva
Intracoastal Realty Corp
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$776,600
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2014
Closed on
Dec 11, 2014
Sold by
Gardner Robin Pierce
Bought by
Pulley Robert V and Pulley Tulin A
Seller's Agent
Vance Young
Intracoastal Realty Corp
Buyer's Agent
Marcello Caliva
Intracoastal Realty Corp
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,600
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2009
Sold by
Gardner Robin Pierce and Gardner Linda G
Bought by
Gardner Robin Pierce and Gardner Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2009
Sold by
Gardner Robin Pierce
Bought by
Gardner Robin P and Gardner Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2008
Sold by
Gardner Robin Pierce and Gardner Linda G
Bought by
Gardner Robin Pierce and Gardner Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2008
Sold by
Gardner Robin Pierce and Gardner Linda G
Bought by
Gardner Robin P and Gardner Linda G

Purchase Details

Closed on
Mar 5, 2002
Sold by
Center Lv Llc
Bought by
Gardner Robin Pierce Linda G

Purchase Details

Closed on
Jun 21, 2001
Sold by
Taylor Ronald K
Bought by
Center Lv Llc

Purchase Details

Closed on
Jul 21, 2000
Sold by
Funderburg Claire F
Bought by
Taylor Ronald K
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
Smith David B $2,456,000 Siegel & Rhodenhiser Pllc
Gardner Robin Pierce -- None Available
Pulley Robert V $1,250,000 None Available
Gardner Robin Pierce -- None Available
Gardner Robin P -- None Available
Gardner Robin Pierce -- None Available
Gardner Robin Pierce -- None Available
Gardner Robin P -- None Available
Gardner Robin Pierce Linda G $839,000 --
Center Lv Llc $825,000 --
Taylor Ronald K $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith David B $1,473,600
Previous Owner Pulley Robert Vance $700,000
Previous Owner Pulley Robert V $770,000
Previous Owner Pulley Robert V $776,600
Previous Owner Gardner Robin $347,400
Previous Owner Gardner Robin P $367,000
Previous Owner Gardner Robin Pierce $368,000
Previous Owner Gardner Robin P $274,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $2,456,000 -7.3% $920 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $2,650,000 +112.0% $993 / Sq Ft
12/15/2014 12/15/14 Sold $1,250,000 -7.4% $468 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $1,350,000 -- $506 / 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 $8,965 $1,653,100 $0 $1,653,100
2022 $9,067 $1,656,700 $0 $1,656,700
2021 $0 $1,656,700 $0 $1,656,700
2020 $8,896 $1,303,400 $0 $1,303,400
2019 $8,896 $1,303,400 $0 $1,303,400
2018 $8,896 $1,303,400 $0 $1,303,400
2017 $9,091 $1,303,400 $0 $1,303,400
2016 $8,552 $1,131,200 $0 $1,131,200
2015 $7,998 $1,131,200 $0 $1,131,200
2014 $7,771 $1,131,200 $0 $1,131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100310598

Hive MLS

APN: R06308-012-002-001