NOT LISTED FOR SALE

407 S 4th St Unit 1 Carolina Beach, NC 28428

Estimated Value: $505,960 - $679,000

3 Beds
3 Baths
1,652 Sq Ft
$196/mo HOA Fee

Last Sold October 19, 2017

Last sale price $320,000 $194 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,755/month

79 Days on Market

Highlights

  • Lake Front
  • Deck
  • Separate Outdoor Workshop
  • Carolina Beach Elementary School Rated A-
  • Workshop
  • 4-minute walk to Carolina Beach Lake Park

About This Home

As of October 2017

Beautiful lake front property at Carolina Beach, with a view you won't believe! Three bedrooms, 3 full baths, 2 car garage with workshop area. Gorgeous hardwood floors on main living level. The owner has done everything possible to make this home shine! New carpet, paint and a one year warranty for the buyer's peace of mind. Fantastic kitchen with gorgeous cabinets, granite counter tops and island. Fireplace with gas logs and three large decks overlooking the lake. Close to everything and directly across the street from Carolina Beach Elementary.

Last Agent to Sell the Property

Phyllis Kimrey

Herbert A. Kimrey Real Estate LLC License #89461 Listed on: 06/30/2017

Last Buyer's Agent

Maureen Raskin

Coastal Properties License #278608

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 2005

Lot Details

  • Lake Front

HOA Fees

  • $196 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Workshop
  • Water Views

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Island Dreams Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number R09010-001-010-001

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,308

Year Built

Built in 2005

Lot Details

0

HOA Fees

$196 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Road Frontage Type: Lake Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Blinds/Shades, Gas Logs, Workshop, Ceiling Fan(s)
  • List Price per Sq Ft: 199.46
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1652.00
  • Total Heated Primary Separate Sq Ft: 1652.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Workshop
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Assigned, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: See Remarks
  • HOAAssociationFee1Year: 2356.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 314.00
  • Lot Dimensions: Condo
  • Zoning: R-1_WB Res

Tax Info

  • Tax Identifier: R09010-001-010-001
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Oct 13, 2017
Sold by
Everhart Robert Murphy and Everhart Barbara B
Bought by
Bahr Victoria L and Bahr Michael E
Seller's Agent
Phyllis Kimrey
Herbert A. Kimrey Real Estate LLC
Buyer's Agent
Maureen Raskin
Coastal Properties
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%
Current Estimated Value
$632,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,740
Avg. Annual Appreciation
8.92%
Original Mortgage
$256,000
Outstanding Balance
$213,602
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$419,138

Purchase Details

Closed on
Jun 19, 2013
Sold by
Everhart Robert Murphy and Everhart Barbara B
Bought by
Everhart Robert Murphy and Everhart Barbara B

Purchase Details

Closed on
Apr 22, 2004
Sold by
Moore Ella G
Bought by
Dr Associates Llc
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
Bahr Victoria L $320,000 None Available
Everhart Robert Murphy -- None Available
Dr Associates Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bahr Victoria L $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2017 10/19/17 Sold $320,000 -7.2% $194 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $345,000 -- $209 / 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
2024 $2,308 $336,900 $0 $336,900
2023 $2,308 $336,900 $0 $336,900
2022 $2,257 $336,900 $0 $336,900
2021 $2,325 $336,900 $0 $336,900
2020 $1,810 $226,300 $0 $226,300
2019 $1,810 $226,300 $0 $226,300
2018 $1,765 $226,300 $0 $226,300
2017 $1,799 $226,300 $0 $226,300
2016 $1,559 $181,700 $0 $181,700
2015 $1,470 $181,700 $0 $181,700
2014 $1,434 $181,700 $0 $181,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100070827

Hive MLS

APN: R09010-001-010-001