NOT LISTED FOR SALE

404 Peninsula Dr Carolina Beach, NC 28428

Estimated Value: $918,000 - $1,042,000

0.4 Acre
$2,464,732 Price per Acre
17,424 Sq Ft Lot

Last Sold April 16, 2021

Last sale price $229,200

Est. 330% increase in value since last sale

Current estimated payment $5,750/month

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Boat Slip
  • Carolina Beach Elementary School Rated A-
  • Community Boat Slip
  • 0.4 Acre Lot

About This Lot

As of April 2021

Very aggressively priced vacant lot with boat slip. Excellent opportunity to build your island dream home and live just a short walk from your own boat slip! Lot and boat slip must be sold together. Total asking price for both is $219,000. There is a pending assessment and law suite associated with the boat slip HOA. Buyer must pay any fees associated with boat slip assessment and law suite once they are confirmed.

Last Agent to Sell the Property

Greg Barber

Barber Realty Group Inc. License #208321 Listed on: 04/02/2021

Last Buyer's Agent

Ian Rosenbaum

Fathom Realty NC, LLC License #263575

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $789

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 58 x 236 x 122 x 184
  • Property is zoned R-2

HOA Fees

  • $36 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number R08806004030069

Community Details

Overview

  • Pleasure Cay HOA, Phone Number (910) 458-8881
  • Pleasure Cay Subdivision

Recreation

  • Community Boat Slip
  • Waterfront Community
  • Deeded Waterfront Access Rights
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$789

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 58

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign
  • Annual HOA: 434.00
  • HOA Company: Pleasure Cay HOA
  • HOA Phone: 910-458-8881

Lot Info

  • Deed Book: 5482
  • Deed Page: 576.00
  • Lot Dimensions: 58 X 236 X 122 X 184
  • Lot Number: 62
  • Lot Sq Ft: 17636.00
  • Lot Water Features: Boat Slip, Deeded Water Rights, Water Access Comm, Waterfront Comm
  • Zoning: R-2
  • Acres: 0.40
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 547500.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Undeveloped
  • Lot Number2: 62

Tax Info

  • Tax Identifier: R08806004030069
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 788.80

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 12, 2021
Sold by
Cohen Steven A and Cohen Rebecca
Bought by
Copeland William A and Rubino Paula M
Seller's Agent
Greg Barber
Barber Realty Group Inc.
Buyer's Agent
Ian Rosenbaum
Fathom Realty NC, LLC
List Price
$219,000
Sold Price
$229,200
Premium/Discount to List
$10,200
4.66%
Current Estimated Value
$985,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$756,693
Avg. Annual Appreciation
40.56%

Purchase Details

Closed on
Apr 25, 2010
Sold by
Cohen Florence
Bought by
Cohen Steven A

Purchase Details

Closed on
Oct 1, 1986
Sold by
Cohen Steven A
Bought by
Cohen Florence

Purchase Details

Closed on
Jan 1, 1984
Sold by
Suggs & Harrelson Inc
Bought by
Cohen Steven A

Purchase Details

Closed on
Jan 1, 1983
Sold by
Harrelson Bobby
Bought by
Suggs & Harrelson 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
Copeland William A $229,500 None Available
Cohen Steven A -- None Available
Cohen Florence -- --
Cohen Steven A $19,000 --
Suggs & Harrelson Inc. -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copeland William A $250,000
Open Copeland William A $508,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $229,200 +4.7% --
04/02/2021 04/02/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $219,000 -- --
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 $4,105 $540,800 $251,400 $289,400
2022 $1,684 $251,400 $251,400 $0
2021 $1,735 $251,400 $251,400 $0
2020 $789 $98,600 $98,600 $0
2019 $789 $98,600 $98,600 $0
2018 $0 $98,600 $98,600 $0
2017 $784 $98,600 $98,600 $0
2016 $880 $102,600 $102,600 $0
2015 $830 $102,600 $102,600 $0
2014 $810 $102,600 $102,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100264463

Hive MLS

APN: R08806-004-030-069