NOT LISTED FOR SALE

Spinnaker 400 Virginia Ave Unit 201a Carolina Beach, NC 28428

Estimated Value: $458,000 - $557,000

3 Beds
2 Baths
1,176 Sq Ft
$398/mo HOA Fee

Last Sold March 24, 2020

Last sale price $284,000 $241 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,161/month

18 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Carolina Beach Elementary School Rated A-
  • Bamboo Flooring
  • Community Pool

About This Home

As of March 2020

Beautifully updated mostly furnished end unit Condo in the gated Community of Spinnaker Pointe. Enjoy low maintenance island living with great amenities including pool and tennis located steps from your door. Distant ocean and sound views from the covered rear deck. Short walk or bike ride to the beach! This condo is in great shape and has not been rented although could create excellent rental income. Kitchen features updated cabinets, quartz counters and tile floors. Bamboo floors in living, dining and BR's. Updated baths with tiled shower and glass doors. Middle BR has a murphy bed providing the option to use as a home office or guest room. All appliances convey making this a truly turnkey home to move right in and enjoy!

Last Agent to Sell the Property

Patrick Alderson

Flat Fee Realty and Management LLC License #260610 Listed on: 01/20/2020

Flat Fee Realty and Management LLC

Last Buyer's Agent

Carly Forman

Coastal Green Properties, Inc. License #235173

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 1985

HOA Fees

  • $398 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Lighted Parking
  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R08807-003-002-019

Community Details

Overview

  • Spinnaker Point Subdivision
  • Maintained Community

Recreation

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,985

Year Built

Built in 1985

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Bamboo, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Furnished, Walk-in Shower, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 243.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1176.00
  • Total Heated Primary Separate Sq Ft: 1176.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: See Remarks
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Lighted, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Pest Control, Trash, Termite Bond, Tennis Court(s), Street Lights, Picnic Area, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 4770.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 30.00
  • Zoning: R- 1B
  • Lot View Type: Ocean View, Sound View

Tax Info

  • Tax Identifier: R08807-003-002-019
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2022
Sold by
Hiller Margaret E
Bought by
Margaret E Hiller Revocable Trust
Current Estimated Value
$488,124

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 23, 2020
Sold by
Lowe John A
Bought by
Hiller Margaret E
Seller's Agent
Patrick Alderson
Flat Fee Realty and Management LLC
Buyer's Agent
Carly Forman
Coastal Green Properties, Inc.
List Price
$286,000
Sold Price
$284,000
Premium/Discount to List
-$2,000
-0.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$227,200
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2017
Closed on
Jun 2, 2017
Sold by
Spinks Carroll C
Bought by
Lowe John A
Seller's Agent
Steve Toop
United Brokers LTD
Buyer's Agent
Timothy Whelan
Coastwalk Real Estate, LLC
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$135,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 11, 2009
Closed on
Feb 1, 2012
Sold by
Harrison Sandra S
Bought by
Spinks Carroll C
Seller's Agent
Teresa Clontz
Carolina Retreats Vacations LLC
Buyer's Agent
Susan Harkins
Coldwell Banker Sea Coast Realty
List Price
$279,000
Sold Price
$189,000
Premium/Discount to List
-$90,000
-32.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Feb 9, 2004
Sold by
Cloherty Joseph E Barbara M
Bought by
Harrison Sandra S

Purchase Details

Closed on
Dec 21, 2000
Sold by
Dudley William H Suzanne
Bought by
Cloherty Joseph E Barbara

Purchase Details

Closed on
May 18, 1998
Sold by
Bullard James P
Bought by
Dudley William H Suzanne

Purchase Details

Closed on
Mar 31, 1998
Sold by
Dudley William Suzanne
Bought by
Dudley William H Suzanne

Purchase Details

Closed on
Feb 4, 1998
Sold by
Nanstad Randy K Sonya M
Bought by
Dudley William H

Purchase Details

Closed on
Jul 31, 1995
Sold by
Fulk Gary Lee Derese G
Bought by
Nanstad Randy K Sonya M

Purchase Details

Closed on
Oct 8, 1993
Sold by
Pampena Anthony Sr Arlene
Bought by
Fulk Gary Lee

Purchase Details

Closed on
Oct 1, 1985
Sold by
Spinnaker Point Ltd
Bought by
Pampena Anthony Arlene

Purchase Details

Closed on
Dec 1, 1983
Bought by
Spinnaker Point Ltd
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
Margaret E Hiller Revocable Trust -- Lancaster Trotter & Poe Pllc
Hiller Margaret E $284,000 None Available
Lowe John A $260,000 None Available
Spinks Carroll C $189,000 None Available
Harrison Sandra S $150,000 --
Cloherty Joseph E Barbara $127,500 --
Dudley William H Suzanne -- --
Dudley William H Suzanne -- --
Dudley William H $118,000 --
Nanstad Randy K Sonya M $96,000 --
Fulk Gary Lee $87,500 --
Pampena Anthony Arlene $98,000 --
Spinnaker Point Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hiller Margaret E $227,200
Previous Owner Lowe John A $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2020 03/24/20 Sold $284,000 -0.7% $241 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $286,000 +10.0% $243 / Sq Ft
06/08/2017 06/08/17 Sold $260,000 -1.9% $221 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $265,000 +40.2% $225 / Sq Ft
02/03/2012 02/03/12 Sold $189,000 -32.3% $172 / Sq Ft View Prior Sale
02/01/2012 02/01/12 Pending -- -- --
12/11/2009 12/11/09 For Sale $279,000 -- $254 / 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 $1,985 $289,800 $0 $289,800
2022 $1,942 $289,800 $0 $289,800
2021 $2,000 $289,800 $0 $289,800
2020 $1,558 $194,700 $0 $194,700
2019 $1,558 $194,700 $0 $194,700
2018 $1,519 $194,700 $0 $194,700
2017 $1,548 $194,700 $0 $194,700
2016 $1,272 $148,300 $0 $148,300
2015 $1,200 $148,300 $0 $148,300
2014 $1,170 $148,300 $0 $148,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100200370

Hive MLS

APN: R08807-003-002-019