NOT LISTED FOR SALE

407 Sumter Ave Carolina Beach, NC 28428

Estimated Value: $585,000 - $648,142

3 Beds
2 Baths
1,165 Sq Ft
$529/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $437,500 $376 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,385/month

50 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Workshop
  • Carolina Beach Elementary School Rated A-
  • Covered Patio or Porch
  • Fenced Yard

About This Home

As of December 2020

Someone is going to have the good fortune to purchase this unusual and compelling property, whether as a primary or second home, renovated and updated, converted into a private slice of paradise. OR someone who will take advantage of the .34 acre double lot (100x150 and zoned for multiple family construction). The home itself was a 1965 beach front cottage, moved to Sumter Avenue in 1982 and set on pilings. Ground level currently has a work shop and storage, but there are 768 sq ft, to create as your heart desires. Upstairs there are 3 bedrooms, 2 full baths. The cottage has been partially renovated, new paint, new HVAC 2019, new roof 2020, new impact resistant double hung windows and storm doors 2019, new staircases 2020. Huge fenced back yard. Large decks both front and back. Elevator installed about 10 years ago, serviced every year. Carport for 3 vehicles plus ample paved parking on site. There is a shallow well in back yard used for irrigation of the seller's ''garden'' area. Property is conveniently located only a very short walk to the new biker/hiker/walking trail as well as the municipal ball park, skateboarding ramps, tennis courts, etc. Only 3 blocks from the highly rated Carolina Beach Elementary School and 4 blocks from the beach. No HOA, definitely worth a visit!

Last Agent to Sell the Property

Judy Odom

Coastal Properties License #202192 Listed on: 09/26/2020

Coastal Properties

Last Buyer's Agent

Jennifer Reinholt

Just For Buyers Realty, LLC License #304884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1965

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x150
  • Fenced Yard
  • Wood Fence

Home Design

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

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Stove
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Attached Carport Spaces
  • Driveway
  • Paved Parking

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R09009-011-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Elevator, Workshop
  • Laundry Location: Room
  • List Price per Sq Ft: 450.64
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1165.00
  • Total Heated Primary Separate Sq Ft: 1165.00

Exterior Features

  • Exterior Features: Storm Doors, Storm Windows
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Carport Spaces: 4.00
  • Total Carport Spaces: 4.00
  • Parking Driveway: Carport, On Site, Paved

Utilities

  • Appliances Equipment: Refrigerator, Washer, Vent Hood, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1402.00
  • Lot Acres: 0.34
  • Lot Dimensions: 100 x150
  • Lot Sq Ft: 15002.00
  • Zoning: R-1

Tax Info

  • Tax Identifier: R09009-011-001-000
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Buyers Agency Of North Carolina Llc
Bought by
Byars Christopher D and Byars Wendy H
Current Estimated Value
$616,571

Purchase Details

Listed on
Sep 26, 2020
Closed on
Nov 30, 2020
Sold by
King Lindy Curtis and King Elizabeth
Bought by
The Buyers Agency Of North Carolina Llc
Seller's Agent
Judy Odom
Coastal Properties
Buyer's Agent
Jennifer Reinholt
Just For Buyers Realty, LLC
List Price
$599,000
Sold Price
$437,500
Premium/Discount to List
-$161,500
-26.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Oct 1, 1983
Sold by
Talbert Jr John B
Bought by
King Eldred D Hazel W

Purchase Details

Closed on
Dec 1, 1973
Bought by
Bowden Elwood R
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
Byars Christopher D -- None Listed On Document
The Buyers Agency Of North Carolina Llc $437,500 None Available
King Eldred D Hazel W -- --
Talbert John B $16,000 --
Bowden Elwood R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byars Christopher D $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $437,500 -27.0% $376 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $599,000 -- $514 / 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
2023 $1,387 $501,400 $202,500 $298,900
2022 $1,357 $202,500 $202,500 $0
2021 $3,088 $447,600 $303,800 $143,800
2020 $2,102 $262,700 $116,900 $145,800
2019 $2,102 $262,700 $116,900 $145,800
2018 $2,049 $262,700 $116,900 $145,800
2017 $2,088 $262,700 $116,900 $145,800
2016 $2,018 $235,200 $138,900 $96,300
2015 $1,903 $235,200 $138,900 $96,300
2014 $1,856 $235,200 $138,900 $96,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100238474

Hive MLS

APN: R09009-011-001-000