NOT LISTED FOR SALE

401 Davis Rd Kure Beach, NC 28449

Estimated Value: $811,000 - $936,066

0.15 Acre
$5,811,780 Price per Acre
6,534 Sq Ft Lot

Last Sold August 14, 2020

Last sale price $175,000

Est. 398% increase in value since last sale

Current estimated payment $4,835/month

291 Days on Market

About This Lot

As of August 2020

Nice lot located on quiet street In Kure Beach. Lot is zoned RB-1 which means you can build either a one or two family dwelling. Conveniently located to the beach.Your chance to build your dream home at the beach.

Last Agent to Sell the Property

Bobby Brandon

Intracoastal Realty Corp Listed on: 09/24/2019

Intracoastal Realty Corp

Last Buyer's Agent

Julie Damron

JRD Real Estate Co. License #240967

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,082

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 54x133x45x135
  • Cleared Lot
  • Property is zoned RB-1

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number R09308004003000

Property Details

Property Type

Land

Est. Annual Taxes

$1,082

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1082.00
  • Waterview: No
  • Buildigson Property: None
  • List Priceper Acre: 1166666.67
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved
  • Waterfront: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 2415.00
  • Lot Description: Partially Cleared
  • Lot Dimensions: 54x133x45x135
  • Lot Number: 1
  • Lot Sq Ft: 6534.00
  • Zoning: RB-1
  • Acres: 0.15
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: 1

Tax Info

  • Tax Identifier: R09308004003000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 1082.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Wiley Brock and Wiley Lauren L
Bought by
Wiley Brock and Wiley Lauren L
Current Estimated Value
$871,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$259,329
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$612,438

Purchase Details

Listed on
Apr 15, 2011
Closed on
Jun 27, 2013
Sold by
Homeboy Homes Llc
Bought by
Safavi Afshin and Safavi Atousa
Seller's Agent
Justin Donaton
Coastwalk Real Estate, LLC
Buyer's Agent
Bobby Brandon
Intracoastal Realty Corp
List Price
$175,000
Sold Price
$85,000
Premium/Discount to List
-$90,000
-51.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.31%

Purchase Details

Closed on
Apr 12, 2005
Sold by
Airlie Builders Llc
Bought by
Home Boy Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,258,000
Interest Rate
5.74%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 8, 2004
Sold by
Martinez Paul E Connie D
Bought by
Airlie Builders Llc

Purchase Details

Closed on
Mar 22, 2004
Sold by
Fisher Zane B Carole S
Bought by
Martinez Paul Connie

Purchase Details

Closed on
Nov 22, 1976
Sold by
Lancaster Bryant F Frances H
Bought by
Fisher Zane B Carole S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wiley Brock -- None Available
Safavi Afshin $85,000 None Available
Home Boy Homes Llc $1,000,000 None Available
Airlie Builders Llc $450,000 --
Martinez Paul Connie $200,000 --
Fisher Zane B Carole S $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiley Brock $285,000
Previous Owner Home Boy Homes Llc $1,258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $175,000 -10.3% --
07/07/2020 07/07/20 Pending -- -- --
09/20/2019 09/20/19 For Sale $195,000 +129.4% --
06/28/2013 06/28/13 Sold $85,000 -51.4% -- View Prior Sale
05/20/2013 05/20/13 Pending -- -- --
04/15/2011 04/15/11 For Sale $175,000 -- --
Source: Hive MLS

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 $3,698 $773,700 $467,800 $305,900
2023 $2,093 $292,400 $174,200 $118,200
2022 $1,952 $270,800 $174,200 $96,600
2021 $1,290 $174,200 $174,200 $0
2020 $1,083 $121,000 $121,000 $0
2019 $1,083 $121,000 $121,000 $0
2018 $1,071 $121,000 $121,000 $0
2017 $1,035 $121,000 $121,000 $0
2016 $1,032 $113,700 $113,700 $0
2015 $950 $113,700 $113,700 $0
2014 -- $113,700 $113,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100185545

Hive MLS

APN: R09308-004-003-000