NOT LISTED FOR SALE

Spinnaker 400 Virginia Ave Unit 301b Carolina Beach, NC 28428

Estimated Value: $445,000 - $534,000

3 Beds
2 Baths
1,126 Sq Ft
$517/mo HOA Fee

Last Sold March 14, 2024

Last sale price $435,000 $386 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,181/month

125 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Gated Community
  • Carolina Beach Elementary School Rated A-
  • Views of a Sound
  • Deck

About This Home

As of March 2024

Dreaming of the perfect beach investment property or a permanent slice of paradise? This well-maintained 3 bedroom, 2 full bathroom condo in the highly sought after gated community of Spinnaker Point at the north end of Carolina Beach boasts exquisite views of the Intracoastal Waterway and Snow's Cut Bridge. With 1,126 square-feet, this top floor end unit features a bright and airy open concept living area with a built-in wet bar and bookcases, perfect for family gatherings. The master bedroom features a spacious walk-in closet and en suite bathroom. Sip on your morning coffee or afternoon beverage while relaxing on your covered deck taking in the excellent views of boats going by and the natural wildlife around the Intracoastal. The HVAC is nearly new, replaced in 2021. Short term rentals are allowed, making this an excellent investment property. Washer and dryer are included; furnishings are negotiable. The amenity-rich gated community of Spinnaker Point offers a private walkway to the beach and Freeman Park, pool, hot tub, tennis and pickleball courts, kayak launch, and a water-front gazebo. These 3-bedroom units don't come on the market very often, so don't hesitate to make this yours. Call today to own a slice of paradise!

Last Agent to Sell the Property

Jeff Lesley

Century 21 Vanguard License #271524 Listed on: 10/06/2023

Century 21 Vanguard

Last Buyer's Agent

Ashley Denny

Choice Residential Real Estate, LLC License #289350

Choice Residential Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1985

HOA Fees

  • $517 Monthly HOA Fees

Property Views

Home Design

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

Interior Spaces

  • 1,126 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bookcases
  • Ceiling Fan
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Property fronts a private road
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R08807-003-002-043

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Spinnaker Pointe Hoa, Inc Association, Phone Number (336) 793-3718
  • Spinnaker Point Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,066

Year Built

Built in 1985

Lot Details

0

HOA Fees

$517 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: 3rd Floor Unit
  • Year Built: 1985
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Bookcases, Ceiling Fan(s), Pantry, Smoke Detectors, Walk-In Closet, Wet Bar
  • Laundry Location: Closet, Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 399.56
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1126.00
  • Total Heated Primary Separate Sq Ft: 1126.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained, Paved, Private
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Community Pool, Flood Insurance, Gated, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Maintenance Structure, Management, Master Insure, Pickleball, Picnic Area, Roof, Sewer, Street Lights, Taxes, Tennis Court(s), Termite Bond, Trash, Water
  • HOAAssociationFee1Year: 6204.84
  • HOAAssociationName: Spinnaker Pointe HOA, INC
  • HOAAssociationPhone: 3367933718

Lot Info

  • Deed Page: 1175.00
  • Lot Description: Open
  • Lot Water Features: Deeded Water Access, Water Access Comm, Waterfront Comm
  • Zoning: R-1B
  • Lot View Type: Canal View, ICW View, River View, Sound View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R08807-003-002-043
  • Tax Year: 2023

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Mar 6, 2024
Sold by
Henderson Charles Hewlett and Maran Hawley
Bought by
Reihl Adam and Reihl Lauren
Seller's Agent
Jeff Lesley
Century 21 Vanguard
Buyer's Agent
Ashley Denny
Choice Residential Real Estate, LLC
List Price
$474,900
Sold Price
$435,000
Premium/Discount to List
-$39,900
-8.4%
Views
144
Current Estimated Value
$476,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,121
Avg. Annual Appreciation
5.70%
Original Mortgage
$348,000
Outstanding Balance
$339,750
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$136,371

Purchase Details

Listed on
May 30, 2022
Closed on
Jun 17, 2022
Sold by
Henderson Gary L and Henderson Bessie
Bought by
Henderson Charles Hewlett and Henderson Maran Hawley
Seller's Agent
Ingrid Corbi
Coastal Properties
Buyer's Agent
Shana Morgan
RE/MAX Essential
List Price
$475,000
Sold Price
$428,000
Premium/Discount to List
-$47,000
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.94%

Purchase Details

Closed on
May 5, 2006
Sold by
Henderson Gary L and Henderson Bessie C
Bought by
Gary L & Bessie C Henderson Living Trust

Purchase Details

Closed on
Feb 25, 1994
Sold by
Corveleyn John M Karen M
Bought by
Henderson Gary L Bessie C

Purchase Details

Closed on
Nov 1, 1985
Sold by
Spinnaker Point Ltd
Bought by
Corveleyn John M Karen M

Purchase Details

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

Range of Values:

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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
Reihl Adam $435,000 None Listed On Document
Reihl Adam $435,000 None Listed On Document
Henderson Charles Hewlett $428,000 Humphries Justin
Henderson Charles Hewlett $428,000 None Listed On Document
Gary L & Bessie C Henderson Living Trust -- None Available
Henderson Gary L Bessie C $88,000 --
Corveleyn John M Karen M $99,000 --
Spinnaker Point Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reihl Adam $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $435,000 -3.3% $386 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $449,900 -5.3% $400 / Sq Ft
10/06/2023 10/06/23 For Sale $474,900 +11.0% $422 / Sq Ft
06/21/2022 06/21/22 Sold $428,000 -9.9% $348 / Sq Ft View Prior Sale
06/08/2022 06/08/22 Pending -- -- --
05/30/2022 05/30/22 For Sale $475,000 -- $386 / 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
2025 $2,066 $421,400 $0 $421,400
2024 $2,066 $301,600 $0 $301,600
2023 $2,006 $301,600 $0 $301,600
2022 $2,021 $301,600 $0 $301,600
2021 $2,081 $301,600 $0 $301,600
2020 $1,549 $193,600 $0 $193,600
2019 $1,549 $193,600 $0 $193,600
2018 $1,510 $193,600 $0 $193,600
2017 $1,539 $193,600 $0 $193,600
2016 $1,257 $146,500 $0 $146,500
2015 $1,185 $146,500 $0 $146,500
2014 $1,156 $146,500 $0 $146,500
Source: Public Records

Agents Affiliated with this Home

  • Jeff Lesley

    Seller's Agent in 2024

    Jeff Lesley

    C21 Vanguard - North Carolina

    (910) 297-7071

    13 in this area

    212 Total Sales

    Jeff Lesley
    Section Image
  • Ashley Denny

    Buyer's Agent in 2024

    Ashley Denny

    Choice Residential Real Estate, LLC

    (919) 891-4996

    1 in this area

    99 Total Sales

    Ashley Denny
    Section Image

  • I

    Seller's Agent in 2022

    Ingrid Corbi

    Coastal Properties

    (910) 256-8171

    4 in this area

    15 Total Sales

    Ingrid Corbi
    Section Image

  • P

    Seller Co-Listing Agent in 2022

    Peter Ruffin

    Coastal Properties

    (910) 256-8171

    9 in this area

    39 Total Sales

    Peter Ruffin
    Section Image
  • Shana Morgan

    Buyer's Agent in 2022

    Shana Morgan

    RE/MAX

    (910) 233-0425

    22 in this area

    189 Total Sales

    Shana Morgan
    Section Image
See All Agents

About Spinnaker

Map

Source: Hive MLS

MLS Number: 100408475

Hive MLS

APN: R08807-003-002-043

North Carolina New Hanover County Carolina Beach 28428

400 Virginia Ave Unit 301b, Carolina Beach, NC

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