NOT LISTED FOR SALE

407 Spencer-Farlow Dr Carolina Beach, NC 28428

Estimated Value: $327,000 - $352,148

0.22 Acre
$1,543,518 Price per Acre
9,583 Sq Ft Lot

Last Sold May 17, 2021

Last sale price $257,000

Est. 32% increase in value since last sale

Current estimated payment $1,946/month

3 Days on Market

About This Lot

As of May 2021

Great location at the end of the island near the Snow's Cut boating access. Awesome opportunity to build your dream home or investment property. Close to the Carolina Beach basin, Intracoastal Water Way and Snow's Cut with easy access on and off the island. Shop for groceries without having to get on the main roads. You will love this location!

Last Agent to Sell the Property

Joyce Barnwell

Intracoastal Realty Corp License #84180 Listed on: 04/12/2021

Intracoastal Realty Corp

Last Buyer's Agent

Diana Jewell

Berkshire Hathaway HomeServices Carolina Premier Properties License #212971

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,014

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 63x215x49x174
  • Sloped Lot
  • Property is zoned R-2

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number R08806004018000

Property Details

Property Type

Land

Est. Annual Taxes

$1,014

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 63

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 1545
  • Deed Page: 332.00
  • Lot Description: See Remarks
  • Lot Dimensions: 63x215x49x174
  • Lot Number: 8
  • Lot Sq Ft: 9583.00
  • Plat Book: 9811
  • Plat Page: 3093
  • Zoning: R-2
  • Acres: 0.22
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 909090.91
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Sloped, Undeveloped
  • Lot Number2: 8

Tax Info

  • Tax Identifier: R08806004018000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 1014.40
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 17, 2021
Sold by
Isley Connie Marie and Isley John Michael
Bought by
Hallowell Caroline E
Seller's Agent
Joyce Barnwell
Intracoastal Realty Corp
Buyer's Agent
Diana Jewell
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$200,000
Sold Price
$257,000
Premium/Discount to List
$57,000
28.5%
Current Estimated Value
$339,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,574
Avg. Annual Appreciation
13.91%

Purchase Details

Closed on
Nov 30, 1993
Sold by
James Connie Marie
Bought by
Isley Connie Marie James

Purchase Details

Closed on
Apr 24, 1991
Sold by
Sellers Mary Sykes
Bought by
James Connie Marie

Purchase Details

Closed on
May 1, 1972
Bought by
Sellers Chester Logan Mary
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hallowell Caroline E $257,000 None Available
Isley Connie Marie James -- --
James Connie Marie $13,500 --
Sellers Chester Logan Mary -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $257,000 +28.5% --
04/15/2021 04/15/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $200,000 -- --
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 $1,156 $168,700 $168,700 $0
2022 $1,130 $168,700 $168,700 $0
2021 $1,164 $168,700 $168,700 $0
2020 $1,014 $126,800 $126,800 $0
2019 $1,014 $126,800 $126,800 $0
2018 $989 $126,800 $126,800 $0
2017 $1,008 $126,800 $126,800 $0
2016 $770 $89,700 $89,700 $0
2015 $726 $89,700 $89,700 $0
2014 $708 $89,700 $89,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100265980

Hive MLS

APN: R08806-004-018-000