NOT LISTED FOR SALE

408 Carolina Beach Ave S Unit A4 Carolina Beach, NC 28428

Estimated Value: $331,649 - $359,000

1 Bed
1 Bath
602 Sq Ft
$290/mo HOA Fee

Last Sold October 10, 2017

Last sale price $172,900 $287 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,216/month

21 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Community Pool
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • 4-minute walk to Carolina Beach Lake Park

About This Home

As of October 2017

Enjoy the crisp ocean breezes from this 1BR, 1BA fully furnished 2nd floor condo! Sip your coffee on the deck overlooking the beach.. This unit has been very well maintained by the owner and offers granite countertops, laminate flooring, hall bunk, the covered parking is big enough for 3 cars (normal size sedan) is right under the unit making it great for unloading items from the car to bring up. Don't miss out on this one! The coast is calling!

Last Agent to Sell the Property

Carly Forman

Coastal Green Properties, Inc. License #235173 Listed on: 08/03/2017

Last Buyer's Agent

Carly Forman

Coastal Green Properties, Inc. License #235173 Listed on: 08/03/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1982

Lot Details

  • 436

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Ocean
  • Lake

Home Design

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

Interior Spaces

  • 602 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R09010-007-004-004

Community Details

Overview

  • Master Insurance
  • Carolina Lake Beach Villas I Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,490

Year Built

Built in 1982

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Ceiling Fan(s), Furnished
  • List Price per Sq Ft: 292.19
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1
  • Number Rooms: 3
  • Sq Ft Heated: 602.00
  • Total Heated Primary Separate Sq Ft: 602.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Assigned

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Community Pool, Trash, Taxes, Sewer, Master Insure, Management, Maintenance Structure, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 3480.00

Schools

  • School District: New Hanover

Lot Info

  • Lot Acres: 0.01
  • Lot Sq Ft: 436.00
  • Lot Water Features: Second Row
  • Zoning: T-1
  • Lot View Type: Lake View, Water View, Ocean View

Tax Info

  • Tax Identifier: R09010-007-004-004
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Oct 6, 2017
Sold by
Faires Cherry Timothy Lee and Faires Cherry Deborah
Bought by
Cravens Suzanne Cherry
Seller's Agent
Carly Forman
Coastal Green Properties, Inc.
Buyer's Agent
Carly Forman
Coastal Green Properties, Inc.
List Price
$175,900
Sold Price
$172,900
Premium/Discount to List
-$3,000
-1.71%
Current Estimated Value
$343,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,762
Avg. Annual Appreciation
8.95%
Original Mortgage
$155,610
Outstanding Balance
$129,806
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$213,857

Purchase Details

Closed on
May 9, 2014
Sold by
Weaver Waylon Jeffrey and Weaver Lisa Anne
Bought by
Faires Cherry Timothy Lee and Faires Cherry Deborah

Purchase Details

Closed on
Jan 22, 2013
Sold by
Montague Patsy Adams and Montague Frank Willard
Bought by
Weaver Waylon Jeffrey and Weaver Lisa Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1999
Sold by
Copelan Charles P Norma T
Bought by
Patsy Adams Montague

Purchase Details

Closed on
May 4, 1993
Sold by
Phillips Shannon Wetonna
Bought by
Copelan Charles P Norma T

Purchase Details

Closed on
Jun 1, 1988
Sold by
Federal National Mtg Asso
Bought by
Phillips Shannon Wetonna

Purchase Details

Closed on
May 1, 1988
Sold by
Morton Gerald W Constance
Bought by
Federal National Mtg Asso

Purchase Details

Closed on
Aug 1, 1983
Sold by
Carolina Lake Bch Villas
Bought by
Morton Gerald W Constance

Purchase Details

Closed on
Jan 1, 1982
Bought by
Carolina Lake Bch Villas
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
Cravens Suzanne Cherry $173,000 None Available
Faires Cherry Timothy Lee $136,000 None Available
Weaver Waylon Jeffrey $81,000 None Available
Patsy Adams Montague $67,000 --
Copelan Charles P Norma T $46,000 --
Phillips Shannon Wetonna -- --
Federal National Mtg Asso $50,000 --
Morton Gerald W Constance $57,000 --
Carolina Lake Bch Villas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cravens Suzanne Cherry $155,610
Previous Owner Weaver Waylon Jeffrey $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2017 10/10/17 Sold $172,900 -1.7% $287 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $175,900 -- $292 / 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 $1,490 $338,900 $0 $338,900
2023 $1,490 $217,500 $0 $217,500
2022 $1,457 $217,500 $0 $217,500
2021 $1,501 $217,500 $0 $217,500
2020 $1,038 $129,700 $0 $129,700
2019 $1,038 $129,700 $0 $129,700
2018 $1,012 $129,700 $0 $129,700
2017 $1,031 $129,700 $0 $129,700
2016 $1,021 $119,000 $0 $119,000
2015 $963 $119,000 $0 $119,000
2014 -- $119,000 $0 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100075818

Hive MLS

APN: R09010-007-004-004