NOT LISTED FOR SALE

Spinnaker 400 Virginia Ave Unit 104C Carolina Beach, NC 28428

Estimated Value: $340,000 - $507,000

2 Beds
2 Baths
912 Sq Ft
$373/mo HOA Fee

Last Sold July 26, 2013

Last sale price $126,000 $138 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $2,637/month

659 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Community Pool
  • Carolina Beach Elementary School Rated A-
  • Ground Level Unit
  • Tennis Courts

About This Home

As of July 2013

Clean and well maintained 2 Bedroom 2 Bath fully furnished unit in gated community of Spinnaker Point. This complex is located on the north end of Carolina Beach in between the Intracoastal Waterway and the Ocean. Unit sells fully furnished all the way down to the dishes and all appliances remain including Washer/Dryer. Complex has swimming pool, tennis courts, grilling area with picnic tables and walkway to the beach. Beautiful Marina with rental slips within walking distance. Complex has many recent exterior improvements. Lowest priced 2 bedroom on the north end!

Last Agent to Sell the Property

Renae Perrett

Network Real Estate Listed on: 09/26/2011

Last Buyer's Agent

Carole Dempsey

Intracoastal Realty Corp License #272294

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,532

Year Built

  • Built in 1985

HOA Fees

  • $373 Monthly HOA Fees

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Living Room
  • Dining Room

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Outdoor Features

  • Balcony

Location

  • Ground Level Unit
  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9248
  • Assessor Parcel Number 313115.73.1974.015

Community Details

Overview

  • Master Insurance
  • Spinnaker Point Subdivision
  • Maintained Community

Recreation

Additional Features

  • Picnic Area
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,532

Year Built

Built in 1985

Lot Details

0

HOA Fees

$373 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Both Stk Blt & Mod
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One, Ground
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 0 - 200, 800 - 999
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 150.10
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Bedroom 1 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 912.00
  • Total Heated Primary Separate Sq Ft: 912.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Taxes, Water, Trash, Termite Bond, Tennis Court(s), Pest Control, Sewer, Security, Picnic Area, Maint - Comm Areas, Master Insure, Maintenance Structure, Flood Insurance, Community Pool
  • HOAAssociationFee1Year: 4473.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 224.00
  • Lot Dimensions: Condo
  • Lot Number: 9248
  • Zoning: R-1B
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 313115.73.1974.015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2011
Closed on
Jul 24, 2013
Sold by
Osullivan Barbara J
Bought by
Watkins Rayford Ernest and Watkins Pamela Guy
Seller's Agent
Renae Perrett
Network Real Estate
Buyer's Agent
Carole Dempsey
Intracoastal Realty Corp
List Price
$149,900
Sold Price
$126,000
Premium/Discount to List
-$23,900
-15.94%
Current Estimated Value
$401,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,375
Avg. Annual Appreciation
9.98%
Original Mortgage
$106,000
Outstanding Balance
$77,338
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$324,037

Purchase Details

Closed on
Jun 9, 1998
Sold by
Smith Frank Bonnie
Bought by
Osullivan John T Barbara J

Purchase Details

Closed on
Mar 1, 1986
Sold by
Spinnaker Point Ltd
Bought by
Smith Frank

Purchase Details

Closed on
Dec 1, 1983
Bought by
Spinnaker Point Ltd
Source: Public Records

Range of Values:

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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
Watkins Rayford Ernest $126,000 None Available
Osullivan John T Barbara J $86,500 --
Smith Frank $90,000 --
Spinnaker Point Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Rayford Ernest $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $126,000 -15.9% $138 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
09/26/2011 09/26/11 For Sale $149,900 -- $164 / 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 $1,532 $223,700 $0 $223,700
2023 $1,488 $223,700 $0 $223,700
2022 $1,499 $223,700 $0 $223,700
2021 $1,544 $223,700 $0 $223,700
2020 $1,265 $158,100 $0 $158,100
2019 $1,265 $158,100 $0 $158,100
2018 $1,233 $158,100 $0 $158,100
2017 $1,257 $158,100 $0 $158,100
2016 $1,026 $119,600 $0 $119,600
2015 $968 $119,600 $0 $119,600
2014 $944 $119,600 $0 $119,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30468516

Hive MLS

APN: R08807-003-002-015