NOT LISTED FOR SALE

404 Harper Ave Carolina Beach, NC 28428

Estimated Value: $430,828 - $719,000

4 Beds
3 Baths
1,060 Sq Ft
$540/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $297,500 $281 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,256/month

36 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Carolina Beach Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of June 2018

Great investment opportunity in the heart of Carolina Beach. This properties offers a main house with 2 bedrooms & 1 full bathroom, heat pump replaced in 2015. The rear building features a 1 bedroom, 1 bathroom unit on the ground level and 1 bedroom, 1 bathroom unit upstairs. The main house generates $875 per month and the rear building units generate $600 each per month. Total monthly income of $2075. This property has been grandfathered by the Town of Carolina Beach as a non-conforming triplex. Newer vinyl windows and currently occupied by tenants in each with month to month leases. Within a short walk to the beach, boardwalk, restaurants and shopping. Priced to sell, call today to make it yours.

Last Agent to Sell the Property

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 03/06/2018

Last Buyer's Agent

Dana White

Coldwell Banker Sea Coast Advantage-CB License #297697

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1948

Lot Details

  • 2,032 Sq Ft Lot
  • Lot Dimensions are 44 x 99 x 40 x 74

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Vinyl Siding

Interior Spaces

  • 3 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector
  • Stove
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • 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
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 602
  • Assessor Parcel Number R08818-012-005-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,674

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Vinyl, Wood
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Smoke Detectors
  • Laundry Location: Closet, Room
  • List Price per Sq Ft: 152.51
  • Total Bathrooms: 3.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos, Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space, Slab
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Stove/Oven - Electric
  • Cooling System: 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, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Lot Info

  • Deed Page: 446.00
  • Lot Acres: 0.05
  • Lot Dimensions: 44 x 99 x 40 x 74
  • Lot Number: 602
  • Lot Sq Ft: 2032.00
  • Lot Water Features: None
  • Plat Book: 249
  • Plat Page: 249
  • Zoning: R-1

Rental Info

  • Annual Gross Rental Income Collected: 24900

Tax Info

  • Tax Identifier: R08818-012-005-000
  • Tax Year: 2017

Multi Family

  • Number Total Units: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jun 1, 2018
Sold by
Clark Gwendoly Darlene
Bought by
Moore Jamie J and Moore Michael D
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Dana White
Coldwell Banker Sea Coast Advantage-CB
List Price
$309,900
Sold Price
$297,500
Premium/Discount to List
-$12,400
-4%
Current Estimated Value
$571,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,457
Avg. Annual Appreciation
9.03%
Original Mortgage
$223,125
Outstanding Balance
$194,978
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$358,481

Purchase Details

Closed on
Nov 12, 2009
Sold by
Hardison Kevin and Clark Gloria
Bought by
Cherry Ave Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Walters Frances and Gowder Kenneth M
Bought by
Clark Gwendolyn Darlene and Hardison Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Gowder Kenneth
Bought by
Walters Frances

Purchase Details

Closed on
Aug 31, 1999
Sold by
Doss Gary Debra J
Bought by
Gowder Kenneth

Purchase Details

Closed on
Aug 14, 1995
Sold by
Harrington James F Jr Judy F
Bought by
Doss Gary Debra J

Purchase Details

Closed on
Jul 22, 1993
Sold by
Johnson Grace Y
Bought by
Harrington James F Jr Judy F

Purchase Details

Closed on
Sep 30, 1992
Sold by
Carr Wilbur E Jr Judy B
Bought by
Johnson Grace Y

Purchase Details

Closed on
Sep 23, 1992
Sold by
Johnson Grace Y
Bought by
Harrington James F Jr Judy F

Purchase Details

Closed on
Dec 1, 1987
Sold by
King Billy E Dorothy E
Bought by
Robinson Joy Renee

Purchase Details

Closed on
Aug 1, 1982
Sold by
Bell Lila J
Bought by
Carr Wilbur E Jr Judy B

Purchase Details

Closed on
Aug 1, 1973
Bought by
Bell Lila J
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
Moore Jamie J $297,500 None Available
Cherry Ave Llc -- None Available
Clark Gwendolyn Darlene $240,000 None Available
Walters Frances -- --
Gowder Kenneth $152,500 --
Doss Gary Debra J $100,000 --
Harrington James F Jr Judy F -- --
Johnson Grace Y $30,000 --
Carr Wilbur E Jr Judy B -- --
Harrington James F Jr Judy F $40,000 --
Robinson Joy Renee -- --
King Billy E Dorothy E $49,000 --
Carr Wilbur E Jr Judy B $37,000 --
Bell Lila J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Jamie J $223,125
Previous Owner Clark Gwendolyn Darlene $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $297,500 -4.0% $281 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $309,900 -- $292 / 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 $1,674 $244,400 $146,500 $97,900
2022 $1,637 $244,400 $146,500 $97,900
2021 $1,686 $244,400 $146,500 $97,900
2020 $1,679 $209,900 $73,000 $136,900
2019 $1,679 $209,900 $73,000 $136,900
2018 $1,637 $209,900 $73,000 $136,900
2017 $1,669 $209,900 $73,000 $136,900
2016 $1,781 $207,600 $86,800 $120,800
2015 $1,679 $207,600 $86,800 $120,800
2014 $1,638 $207,600 $86,800 $120,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100104153

Hive MLS

APN: R08818-012-005-000