NOT LISTED FOR SALE

407 K Ave Kure Beach, NC 28449

Estimated Value: $427,711 - $577,000

1 Bed
1 Bath
592 Sq Ft
$805/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $350,000 $591 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,673/month

24 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Fenced Yard
  • Carolina Beach Elementary School Rated A-
  • No HOA
  • 4-minute walk to Kure Beach Ocean Front Park & Pavilion

About This Home

As of November 2021

Look no further for your quaint beach home! This adorable turn-key property boasts TWO cottages that come fully furnished (with a couple of exceptions) and is located only FOUR blocks from the Kure Beach Pier, sandy beaches, great restaurants and more! Sidewalks available for strolling to the beach and entertainment. Upon entering the main cottage, you will find an open-concept floor plan with tons of natural light and tasteful furnishings. The entry space offers a loveseat that opens to a twin sized bed for additional sleeping accommodations and living/dining room area flows into the kitchen best suited for entertaining. The master bedroom with a large closet boasts plenty of room for hanging clothes, built in drawers, shelving for linen storage and a full length mirror. The full bathroom includes a spacious stand-up shower and is located off of the kitchen. The laundry space includes a washer/dryer combo machine for additional ease in vacationing. The backyard features a new stone patio installed this summer that is the perfect space for grilling, entertaining, or adding an outdoor fire pit. The secondary cottage is an additional 135 square feet, and consists of one bedroom that is heated and cooled with a 3 year old mini-split HVAC unit and a separate locking storage space for all of your beach equipment. This property is meticulously maintained and the current owners have only used this property as a second home, with no rental history. Additional features include new main house HVAC and gutters, 3 year old water heater, termite bond through Allied Pest Control, Nest doorbell and smart home technology for control of thermostats. NO flood insurance and NO HOA. Don't miss out on your chance to own a slice of paradise!

Last Agent to Sell the Property

Debbie Lariviere

Nest Realty License #278630 Listed on: 09/02/2021

Nest Realty

Last Buyer's Agent

Aspyre Realty Group

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1930

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 28x102x30x71
  • Fenced Yard
  • Property is zoned RA-2

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 592 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Storm Doors
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Open Patio

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R09213-017-005-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,057

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 400 - 599
  • Interior Amenities: Blinds/Shades, Walk-in Shower
  • List Price per Sq Ft: 650.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Bedroom 1 Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Separate Living Spcs Addl Sep Bldg Desc: cottage used as BR
  • Sq Ft Heated: 592.00
  • Total Heated Primary Separate Sq Ft: 592.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 2817.00
  • Lot Acres: 0.06
  • Lot Dimensions: 28x102x30x71
  • Lot Sq Ft: 2614.00
  • Special Assessments: None known
  • Zoning: RA-2

Tax Info

  • Tax Identifier: R09213-017-005-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 1057.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 28, 2021
Sold by
Rhodes Ryan and Rhodes Melissa
Bought by
Bafia Joseph A
Seller's Agent
Debbie Lariviere
Nest Realty
Buyer's Agent
Aspyre Realty Group
eXp Realty
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Current Estimated Value
$476,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,428
Avg. Annual Appreciation
7.87%
Original Mortgage
$315,000
Outstanding Balance
$288,281
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$188,147

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 16, 2018
Sold by
Long Tommy and Long Donna
Bought by
Rhodes Ryan and Rhodes Melissa
Seller's Agent
Dana White
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Debbie Lariviere
Keller Williams Innovate-Wilmington
List Price
$249,500
Sold Price
$210,000
Premium/Discount to List
-$39,500
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.85%
Original Mortgage
$189,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2007
Sold by
Mcconkey Nancy S and Mcconkey Charles
Bought by
Long Tommy and Long Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 19, 2007
Sold by
Mcconkey Charles and Mcconkey Nancy S
Bought by
Mcconkey Charles and Mcconkey Nancy S

Purchase Details

Closed on
Oct 31, 1995
Sold by
Williams Nancy S
Bought by
Mcconkey Nancy W

Purchase Details

Closed on
Mar 25, 1995
Sold by
Williams Dallas Ray
Bought by
Williams Nancy S

Purchase Details

Closed on
Jun 1, 1978
Bought by
Williams Dallas Ray Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bafia Joseph A $350,000 None Available
Rhodes Ryan $210,000 None Available
Long Tommy $150,000 None Available
Mcconkey Charles -- None Available
Mcconkey Nancy W -- --
Williams Nancy S -- --
Williams Dallas Ray Nancy $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bafia Joseph A $315,000
Previous Owner Rhodes Ryan $189,000
Previous Owner Long Tommy $30,000
Previous Owner Long Tommy $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $350,000 -9.1% $591 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $385,000 -3.8% $650 / Sq Ft
09/02/2021 09/02/21 For Sale $400,000 +90.5% $676 / Sq Ft
03/23/2018 03/23/18 Sold $210,000 -15.8% $352 / Sq Ft View Prior Sale
02/08/2018 02/08/18 Pending -- -- --
01/04/2018 01/04/18 For Sale $249,500 -- $419 / 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 $2,208 $462,000 $239,200 $222,800
2023 $1,578 $213,300 $156,800 $56,500
2022 $1,537 $213,300 $156,800 $56,500
2021 $1,580 $213,300 $156,800 $56,500
2020 $1,057 $118,100 $70,600 $47,500
2019 $1,057 $108,800 $70,600 $38,200
2018 $963 $108,800 $70,600 $38,200
2017 $930 $108,800 $70,600 $38,200
2016 $931 $102,500 $66,300 $36,200
2015 $856 $102,500 $66,300 $36,200
2014 $836 $102,500 $66,300 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100289004

Hive MLS

APN: R09213-017-005-000