NOT LISTED FOR SALE

402 Otter Rd Carolina Beach, NC 28428

Estimated Value: $1,255,000 - $1,492,000

4 Beds
3 Baths
3,317 Sq Ft
$410/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $1,279,000 $386 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,519/month

1 Day on Market

Highlights

  • Marina View
  • Solar Power System
  • Deck
  • Carolina Beach Elementary School Rated A-
  • Home fronts a canal
  • Wood Flooring

About This Home

As of June 2022

On the water in Carolina Beach! Enjoy life at its fullest in this fabulous 4 bedroom 3 bath spacious and well stated home built by the reputable Wells Construction in 2006. Amazingly well cared for with no HOA, in a quick ''on and off the Island location'', and on the well cared for Otter Creek Marina with vast views of the Intracoastal, the lifestyle you've been looking for can be yours! This home boasts 3317 finished square feet of well thought out space in a large and flowing and open floor plan. An additional unheated but finished 676 square feet of space on the first floor that opens to the yard, adds to the options for use and enjoyment in this home. Multiple parking spots and an oversized two car garage allow for plenty of company. A large and well laid out kitchen with center island, double oven, granite, new refrigerator and microwave, center island, and expansive covered porch on the water is just the beginning! All of the common living areas and the primary suite have views to the Intracoastal and Marina. Amenities in the home are numerous and include: three covered porches, covered patios, hurricane shutters, elevator, crown molding throughout, lit stairways, solar, a finished Carolina room off the primary bedroom with heated floors and views galore, an outdoor shower, and a rooftop deck where you can even see the ocean from across the Intracoastal! Watch the fireworks, spaceX launches and stargaze from the top of your own home! This fabulous and loved home is it! Come and see! There is a 27' deep water boat slip available, #57 for an additional $70K in Otter Creek just steps from the back door of the house. The furniture in the home is available for an additional $15K purchase as well.

Last Agent to Sell the Property

Karen Drechsel

Intracoastal Realty Corp License #291969 Listed on: 05/23/2022

Intracoastal Realty Corp

Last Buyer's Agent

Karen Drechsel

Intracoastal Realty Corp License #291969 Listed on: 05/23/2022

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,634

Year Built

  • Built in 2006

Lot Details

  • 5,667 Sq Ft Lot
  • Lot Dimensions are 56 x 81 x 15 x 29 x 39 x 105
  • Home fronts a canal
  • Wood Fence

Property Views

  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 3,317 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Double Pane Windows
  • Shutters
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Workshop
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Double Convection Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Floors
  • Pull Down Stairs to Attic

Finished Basement

  • Partial Basement
  • Exterior Basement Entry

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Lighted Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Entrance

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System
  • Heating system powered by active solar

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R08810-003-001-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,634

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Entrance, Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Road Frontage Type: Canal Front, ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Stairs - Pull Down
  • Basement: Finished - Partial, Outside Entrance
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower, Pantry, Foyer, Kitchen Island, Gas Logs, Elevator, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 346.70
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Second
  • Breakfast Nook Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Laundry Level: Third
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Other Level: Second
  • Sunroom Level: Third
  • Sq Ft Heated: 3317.00
  • Total Heated Primary Separate Sq Ft: 3317.00
  • Estimated Below Grade Sq Ft: 676.00

Exterior Features

  • Exterior Features: DP50 Windows, Shutters - Board/Hurricane, Thermal Windows, Storm Windows, Shutters - Functional
  • Exterior Finish: Fiber Cement
  • Fencing: Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Patio, Screened, Porch, Open, Enclosed, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: 2
  • Total Garage Spaces: 2.00
  • Parking Driveway: Lighted

Utilities

  • Appliances Equipment: Convection Oven, Wall Oven, Washer, Refrigerator, Ice Maker, Dryer, Double Oven, Disposal, Dishwasher, Cooktop - Electric
  • Cooling System: Attic Fans, Heat Pump, Central
  • 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
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer Available, Municipal Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Solar

Association/Amenities

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

Lot Info

  • Deed Page: 2559.00
  • Lot Acres: 0.13
  • Lot Dimensions: 56 x 81 x 15 x 29 x 39 x 105
  • Lot Number: 2
  • Lot Sq Ft: 5667.00
  • Plat Book: 31
  • Plat Page: 117
  • Zoning: R-1
  • Horse Amenities: None
  • Lot View Type: ICW View, Water View, Marina View

Green Features

  • Green Bldg Features: Active Solar, Solar Photovoltaic

Tax Info

  • Tax Identifier: R08810-003-001-002
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 4634.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 2, 2022
Sold by
Robert George Mark and Lee Cynthia
Bought by
Skinner Mark J and Skinner Janine Engram
Seller's Agent
Karen Drechsel
Intracoastal Realty Corp
Buyer's Agent
Karen Drechsel
Intracoastal Realty Corp
Sold Price
$1,279,000
Current Estimated Value
$1,360,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,741
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
May 5, 2008
Sold by
W Wells Corp
Bought by
George Mark Robert and George Cynthia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2005
Sold by
Cordial Dale J and Cordial Michele
Bought by
W Wells Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.68%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 2003
Sold by
Vincent Lutheran Rev Trust
Bought by
Cordial Dale J

Purchase Details

Closed on
Jun 9, 2000
Sold by
Martinez Paul E Connie D
Bought by
Vincent Lutheran Rev Trust

Purchase Details

Closed on
Jun 22, 1992
Sold by
Slate Stone Hills Inc
Bought by
Martinez Paul E Connie D

Purchase Details

Closed on
Mar 1, 1988
Sold by
Slate Stone Hills Inc
Bought by
Slate Stone Hills Inc

Purchase Details

Closed on
Jan 1, 1988
Sold by
Otter Creek Inc
Bought by
Slate Stone Hills Inc
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
Skinner Mark J $1,279,000 None Listed On Document
George Mark Robert $789,000 None Available
W Wells Corp $399,000 None Available
Cordial Dale J $157,500 --
Vincent Lutheran Rev Trust $125,000 --
Martinez Paul E Connie D $36,000 --
Slate Stone Hills Inc -- --
Slate Stone Hills Inc $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Mark Robert $172,000
Previous Owner George Mark Robert $417,000
Previous Owner W Wells Corp $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $1,279,000 -- $386 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
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 $4,600 $1,240,300 $386,500 $853,800
2023 $4,600 $671,600 $224,500 $447,100
2022 $4,500 $671,600 $224,500 $447,100
2021 $4,634 $671,600 $224,500 $447,100
2020 $4,237 $529,600 $167,900 $361,700
2019 $4,237 $529,600 $167,900 $361,700
2018 $4,131 $529,600 $167,900 $361,700
2017 $4,210 $529,600 $167,900 $361,700
2016 $4,642 $541,000 $174,800 $366,200
2015 $4,377 $541,000 $174,800 $366,200
2014 $4,268 $541,000 $174,800 $366,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100329389

Hive MLS

APN: R08810-003-001-002