$520,000
SOLD APR 4, 2019

4 N Carolina Ave Carolina Beach, NC 28428

3 Beds
2 Baths
1,079 Sq Ft
3,751 Sq Ft Lot

Recently Sold

$482 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Porch

About This Home

As of May 2024

Just steps away from the ocean and a few more steps to the Tiki bar, the ''Surf4Life'' Beach Cottage was built in 1954 and reimagined in 2017. Some of the many updates include new luxury vinyl plank flooring, fully remodeled bathrooms, HVAC and ductwork, Hardie board siding, PEX waterlines, new electrical panel and more. Enjoy the ocean views and sounds from one of the 3 decks or on a rocking chair from the screened front porch. This is a true turnkey investment with a book of business generating over $44,000 last season, even with owner blocking off November and December for personal use. Seller will transfer to new owner AirBNB and VRBO account for instant online presence (4.8 star review) and repeat guest bookings. This once in a lifetime opportunity is ready for its next savvy investor

Last Agent to Sell the Property

Matthew Costin

Coldwell Banker Sea Coast Advantage-Midtown Listed on: 01/23/2019

Last Buyer's Agent

Michele & Edward Schaack

eXp Realty License #307489

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 1954

Lot Details

  • 3,751 Sq Ft Lot
  • Property is zoned MF

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,079 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Laundry in Hall

Kitchen

  • Stove
  • Built-In Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Wilmington Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number R09014-012-010-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,609

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Laundry Location: Hall
  • List Price per Sq Ft: 495.83
  • 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
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1079.00
  • Total Heated Primary Separate Sq Ft: 1079.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Public (City/Cty/St), Unpaved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Microwave - Built-In, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Wall Furnace
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2621.00
  • Lot Acres: 0.09
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 3751.00
  • Lot Water Features: Second Row
  • Plat Book: 2
  • Plat Page: 30
  • Special Assessments: None known
  • Zoning: MF
  • Lot View Type: Ocean View

Rental Info

  • Annual Gross Rental Income Collected: 27000

Tax Info

  • Tax Identifier: R09014-012-010-000
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 29, 2024
Sold by
Warmuth Thomas M and Warmuth Sara
Bought by
Rexroad Real Estate Llc
Seller's Agent
Barbara Bass
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Kevin Mckoy
Network Real Estate
List Price
$875,000
Sold Price
$861,025
Premium/Discount to List
-$13,975
-1.6%
Views
41
Current Estimated Value
$834,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,282
Avg. Annual Appreciation
-2.27%

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 11, 2019
Sold by
Michael Rose Properties Llc
Bought by
Warmuth Thomas M and Warmuth Sara
Seller's Agent
Matthew Costin
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Michele & Edward Schaack
eXp Realty
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$484,350
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2016
Closed on
Jun 2, 2016
Sold by
Smith Tony and Smith Hilda C
Bought by
Michael Rose Properties Llc
Seller's Agent
Paul Martinez
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Non-mls Agent
Non Member Office
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.27%

Purchase Details

Closed on
Jul 23, 2001
Sold by
Smith Tony Hilda C
Bought by
Smith Tony Hilda Living Trust

Purchase Details

Closed on
Jan 1, 2001
Bought by
Sims Howard T

Purchase Details

Closed on
Jul 1, 1986
Sold by
Sims Howard T
Bought by
Smith Tony Hilda C
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 Type Sale Price Title Company
Warranty Deed $861,500 None Listed On Document
Warranty Deed $520,000 None Available
Warranty Deed $270,000 None Available
Deed -- --
Deed -- --
Deed $64,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $484,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $861,025 -1.6% $798 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $875,000 +68.3% $811 / Sq Ft
04/04/2019 04/04/19 Sold $520,000 -2.8% $482 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $535,000 +98.1% $496 / Sq Ft
06/13/2016 06/13/16 Sold $270,000 -10.0% $250 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $299,900 -- $278 / 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 $3,609 $526,800 $415,600 $111,200
2022 $3,530 $526,800 $415,600 $111,200
2021 $3,635 $526,800 $415,600 $111,200
2020 $3,361 $420,100 $339,200 $80,900
2019 $3,288 $411,000 $339,200 $71,800
2018 $0 $411,000 $339,200 $71,800
2017 $3,267 $411,000 $339,200 $71,800
2016 $2,480 $289,000 $234,800 $54,200
2015 $2,338 $289,000 $234,800 $54,200
2014 $2,280 $289,000 $234,800 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100147161

Hive MLS

APN: R09014-012-010-000