NOT LISTED FOR SALE

407 Carolina Beach Ave S Unit 2D Carolina Beach, NC 28428

Estimated Value: $504,000 - $554,000

2 Beds
2 Baths
820 Sq Ft
$675/mo HOA Fee

Last Sold May 14, 2020

Last sale price $295,000 $360 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,666/month

33 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Covered Patio or Porch
  • Carolina Beach Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Carolina Beach Lake Park

About This Home

As of May 2020

Super, oceanfront, 2 bedroom 2 bath, updated condo located on Carolina Beach Ave S - this is a great spot!! Well maintained building with recent improvements to the exterior and interior. Open the doors to the extra large, covered balcony and listen to the waves - access from both the living room and the master suite! Laminate flooring throughout. Sands Iv has its own private beach access, grilling area and outdoor shower. The community pool is a nice bonus! Very little traffic on this one way street gives security and easier arrivals and departures. Although this unit has only been enjoyed as a second home it would make a wonderful rental! Furnishings are negotiable.

Last Agent to Sell the Property

Lexi Sweetz Pate

Coldwell Banker Sea Coast Advantage-CB Listed on: 03/13/2020

Co-Listed By

Wayne Rouse

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Bruce Williams

Intracoastal Realty Corp License #284658

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1984

HOA Fees

  • $675 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 820 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Laminate Flooring
  • Water Views
  • Partial Basement
  • Pest Guard System
  • Laundry closet

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Co-Op Water
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R09010-006-004-008

Community Details

Overview

  • Master Insurance
  • Sands IV Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,473

Year Built

Built in 1984

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 378.05
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 820.00
  • Total Heated Primary Separate Sq Ft: 820.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: parking non assigned
  • Parking Driveway: On Site, Shared

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Pest Control, Water, Trash, Sewer, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 8100.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 17.00
  • Lot Dimensions: condo
  • Special Assessments: paid in full by seller
  • Zoning: MF-MF

Tax Info

  • Tax Identifier: R09010-006-004-008
  • Tax Year: 2020

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 5, 2020
Sold by
Brown Angela B
Bought by
Flack Peter M and Flack Toni B
Seller's Agent
Lexi Sweetz Pate
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Bruce Williams
Intracoastal Realty Corp
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Current Estimated Value
$532,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,096
Avg. Annual Appreciation
11.41%
Original Mortgage
$629,500
Outstanding Balance
$437,093
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$95,003

Purchase Details

Closed on
Mar 4, 2003
Sold by
County Line Kwik Stop Inc
Bought by
Brown Jerry L Angela B

Purchase Details

Closed on
May 26, 1995
Sold by
Tregembo Albert G Melissa
Bought by
County Line Kwik Stop Inc

Purchase Details

Closed on
Jan 18, 1991
Sold by
Sterling Trustee Corporation
Bought by
Tregembo Albert G Melissa

Purchase Details

Closed on
Oct 1, 1984
Sold by
Hix William T Martha B
Bought by
Hix William T Martha B

Purchase Details

Closed on
Aug 1, 1984
Sold by
Talbert-Homesley
Bought by
Hix William T Martha B

Purchase Details

Closed on
May 1, 1983
Bought by
Carolina Bch Dev Co
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
Flack Peter M $295,000 None Available
Brown Jerry L Angela B -- --
County Line Kwik Stop Inc $77,500 --
Tregembo Albert G Melissa -- --
Sterling Trustee Corporation $71,000 --
Hix William T Martha B -- --
Hix William T Martha B -- --
Talbert-Homesley -- --
Carolina Bch Dev Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flack Peter M $629,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2020 05/14/20 Sold $295,000 -4.8% $360 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $310,000 -- $378 / 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 $2,473 $552,400 $0 $552,400
2023 $2,318 $338,400 $0 $338,400
2022 $2,267 $338,400 $0 $338,400
2021 $2,335 $338,400 $0 $338,400
2020 $1,639 $204,900 $0 $204,900
2019 $1,639 $204,900 $0 $204,900
2018 $1,598 $204,900 $0 $204,900
2017 $1,629 $204,900 $0 $204,900
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

  • L

    Seller's Agent in 2020

    Lexi Sweetz Pate

    Coldwell Banker Sea Coast Advantage-CB

  • W

    Seller Co-Listing Agent in 2020

    Wayne Rouse

    Coldwell Banker Sea Coast Advantage-CB

  • Bruce Williams

    Buyer's Agent in 2020

    Bruce Williams

    Intracoastal Realty Corp

    (919) 349-2048

    1 in this area

    12 Total Sales

    Bruce Williams
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Map

Source: Hive MLS

MLS Number: 100209484

Hive MLS

APN: R09010-006-004-008

North Carolina New Hanover County Carolina Beach 28428

407 Carolina Beach Ave S Unit 2D, Carolina Beach, NC

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