NOT LISTED FOR SALE

407 Carolina Beach Ave S Unit 1B Carolina Beach, NC 28428

Estimated Value: $506,701 - $555,000

2 Beds
2 Baths
850 Sq Ft
$425/mo HOA Fee

Last Sold November 10, 2014

Last sale price $233,000 $274 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,443/month

89 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Community Pool
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • 4-minute walk to Carolina Beach Lake Park

About This Home

As of November 2014

Oceanfront 1st floor 2 bedroom in prime location only 4 blocks south of Boardwalk on low traffic one way street just across the street from popular Carolina Beach Lake offering many family friendly activities. Extra large oceanfront deck opens to both living room and master bedroom. Both bedrooms are spacious and the master offers a walk in closet. You'll have private access to the beach with a lifeguard stand nearby. Enjoy the community pool and there's an area for grilling too. Plus your pets are welcome. This property comes fully furnished and has an excellent rental history.

Last Agent to Sell the Property

Michele Dew

Coastwalk Real Estate, LLC Listed on: 07/28/2014

Last Buyer's Agent

Peggy Stone

Coastwalk Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1984

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Carpet
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Parking Spaces
  • Carport
  • Lighted Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Co-Op Water

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Community Details

Overview

  • Master Insurance
  • Sands IV Subdivision
  • Maintained Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,368

Year Built

Built in 1984

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 282.35
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 1 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 850.00
  • Total Heated Primary Separate Sq Ft: 850.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: Lghtd
  • Parking Driveway: Carport, Lighted

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Ice Maker, Dryer
  • Cooling System: Central
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Pest Control, Water, Trash, Termite Bond, Taxes, Sewer, Master Insure, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 5100.00

Lot Info

  • Deed Page: 1411.00
  • Lot Dimensions: CONDO
  • Lot Water Features: Deeded Water Rights
  • Zoning: MF
  • Lot View Type: Ocean View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2014
Closed on
Oct 30, 2014
Sold by
Gruss William O and Gruss Linda C
Bought by
Renshaw David M and Renshaw Summer J
Seller's Agent
Michele Dew
Coastwalk Real Estate, LLC
Buyer's Agent
Peggy Stone
Coastwalk Real Estate, LLC
List Price
$240,000
Sold Price
$233,000
Premium/Discount to List
-$7,000
-2.92%
Current Estimated Value
$538,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,925
Avg. Annual Appreciation
7.94%
Original Mortgage
$209,700
Outstanding Balance
$161,707
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$377,218

Purchase Details

Closed on
Dec 31, 1992
Sold by
D'Angelo Michael Suzanne
Bought by
Gruss William O Linda

Purchase Details

Closed on
Jul 1, 1984
Sold by
Carolina Bch Dev Co
Bought by
D'Angelo Michael Suzanne

Purchase Details

Closed on
May 1, 1983
Bought by
Carolina Bch Dev Co
Source: Public Records

Range of Values:

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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
Renshaw David M $233,000 None Available
Gruss William O Linda $75,000 --
D'Angelo Michael Suzanne $90,000 --
Carolina Bch Dev Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renshaw David M $209,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2014 11/10/14 Sold $233,000 -2.9% $274 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
07/28/2014 07/28/14 For Sale $240,000 -- $282 / 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
2025 $2,368 $528,900 $0 $528,900
2023 $2,211 $322,800 $0 $322,800
2022 $2,163 $322,800 $0 $322,800
2021 $2,227 $322,800 $0 $322,800
2020 $1,643 $205,400 $0 $205,400
2019 $1,643 $205,400 $0 $205,400
2018 $1,602 $205,400 $0 $205,400
2017 $1,633 $205,400 $0 $205,400
2016 $1,684 $196,300 $0 $196,300
2015 $1,588 $196,300 $0 $196,300
2014 $1,549 $196,300 $0 $196,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michele Dew

    Coastwalk Real Estate, LLC

  • P

    Buyer's Agent in 2014

    Peggy Stone

    Coastwalk Real Estate, LLC

See All Agents

Map

Source: Hive MLS

MLS Number: 30509633

Hive MLS

APN: R09010-006-004-002

North Carolina New Hanover County Carolina Beach 28428

407 Carolina Beach Ave S Unit 1B, Carolina Beach, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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