NOT LISTED FOR SALE

406 Oceana Way Unit 41 Carolina Beach, NC 28428

Estimated Value: $2,311,000 - $2,740,000

5 Beds
5.5 Baths
5,541 Sq Ft
$464/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $1,575,000 $284 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $14,819/month

195 Days on Market

Highlights

  • Marina
  • Ocean View
  • Access to marsh
  • Carolina Beach Elementary School Rated A-
  • Boat Dock
  • Second Kitchen

About This Home

As of January 2021

Come and enjoy the best that the Beach has to offer, ocean views, a short stroll to the beach, your own pool and hot tub and a deeded, deep water, 40 ft. boat slip on the Intracoastal Waterway. Designed by Architect, David Lisle, and custom built, this house has it all! Magnificent Ocean and Marsh Views from nearly every room. Custom features abound including; custom cabinetry and trim. 5 bedrooms and 5 1/2 baths. A completely separate In Law Suite with a full Kitchen. Large decks on every level provide unlimited outdoor spaces. A short walk to the ocean or your own boat slip. The gated neighborhood provides a quiet environment yet has easy access to every amenity on the island. The perfect location for year round living or a beach getaway. Short term rentals are not allowed in Oceana.

Last Agent to Sell the Property

Tricia Keane

Nest Realty License #151537 Listed on: 03/13/2020

Nest Realty

Last Buyer's Agent

Jessica Keenan

Nest Realty License #226854

Nest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,596

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • Property fronts a marsh
  • Property fronts a private road
  • Fenced Yard
  • Decorative Fence
  • Irrigation
  • Property is zoned R-1B

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 5,541 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Ocean Views

Kitchen

  • Second Kitchen
  • Convection Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Permanent Attic Stairs
  • Partially Finished Attic

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Lighted Parking
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access to marsh
  • Bulkhead
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Water Softener
  • Fuel Tank

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Doors

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number R08807-005-006-000

Community Details

Overview

  • Oceana Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,596

Year Built

Built in 2005

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Stairs - Perm
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Marble, Tile, Wood
  • Heated Sq Ft: 5500 - 5999
  • Interior Amenities: 2nd Kitchen, Elevator, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Security System, Reverse Floor Plan, Intercom/Music, Hot Tub, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 305.90
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 13
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bonus Room Level: Fourth
  • Dining Room Level: Third
  • Kitchen Level: Third
  • Laundry Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Media Room Level: Second
  • Office Level: Second
  • Other Level: Third
  • Sq Ft Heated: 5541.00
  • Total Heated Primary Separate Sq Ft: 5541.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Doors, Thermal Windows, Outdoor Shower
  • Exterior Finish: Brick Veneer, Fiber Cement
  • Exterior Structures: Shower
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Private
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Lighted, Paved

Utilities

  • Appliances Equipment: Central Vac, Refrigerator, Water Softener, Washer, Vent Hood, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher, Cooktop - Gas, Convection Oven
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Taxes, Maint - Comm Areas, Marina, Management, Maint - Roads, Gated, Boat Slip - Assign
  • HOAAssociationFee1Year: 3100.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1861.00
  • Lot Acres: 0.28
  • Lot Dimensions: irregular
  • Lot Number: 4
  • Lot Sq Ft: 12197.00
  • Lot Water Features: Bulkhead, Water Access Comm, Salt Marsh
  • Plat Book: 33
  • Plat Page: 336-337
  • Zoning: R-1B
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: R08807-005-006-000
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Dec 11, 2020
Sold by
Wagner Donald S and Keane Patricia A
Bought by
Kelly Thomas H and Kelly Kimberly D
Seller's Agent
Tricia Keane
Nest Realty
Buyer's Agent
Jessica Keenan
Nest Realty
List Price
$1,695,000
Sold Price
$1,575,000
Premium/Discount to List
-$120,000
-7.08%
Current Estimated Value
$2,569,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$994,899
Avg. Annual Appreciation
10.83%
Original Mortgage
$1,417,500
Outstanding Balance
$1,261,998
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,307,901

Purchase Details

Closed on
Oct 4, 2018
Sold by
Wagner Donald S and Keane Patricia A
Bought by
Wagner Donald S and Keane Patricia Al

Purchase Details

Closed on
Nov 15, 1995
Sold by
Frazee Douglas D Deborah Y
Bought by
Wagner Donald S Patricia Keane

Purchase Details

Closed on
May 27, 1994
Sold by
Oceana Limited Partnership
Bought by
Frazee Douglas D Deborah Y

Purchase Details

Closed on
Mar 15, 1994
Sold by
Coquina Harbour Of Car Bch Inc
Bought by
Oceana Limited Partnership
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
Kelly Thomas H $1,575,000 None Available
Wagner Donald S -- None Available
Wagner Donald S Patricia Keane $99,500 --
Frazee Douglas D Deborah Y $71,000 --
Oceana Limited Partnership $1,730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Thomas H $1,417,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2021 01/04/21 Sold $1,575,000 -7.1% $284 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $1,695,000 -- $306 / 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 $10,596 $1,546,900 $347,300 $1,199,600
2022 $10,364 $1,546,900 $347,300 $1,199,600
2021 $8,005 $1,546,900 $347,300 $1,199,600
2020 $10,770 $1,346,300 $435,600 $910,700
2019 $10,770 $1,346,300 $435,600 $910,700
2018 $10,501 $1,346,300 $435,600 $910,700
2017 $10,703 $1,346,300 $435,600 $910,700
2016 $10,439 $1,216,700 $330,000 $886,700
2015 $9,843 $1,216,700 $330,000 $886,700
2014 $9,600 $1,216,700 $330,000 $886,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100209004

Hive MLS

APN: R08807-005-006-000