NOT LISTED FOR SALE

408 Oceana Way Carolina Beach, NC 28428

Estimated Value: $1,396,000 - $2,105,607

0.32 Acre
$5,890,319 Price per Acre
13,939 Sq Ft Lot

Last Sold October 09, 2017

Last sale price $315,000

Est. 498% increase in value since last sale

Current estimated payment $10,863/month

125 Days on Market

Highlights

  • 39 Feet of Waterfront
  • Boat Dock
  • 0.32 Acre Lot
  • Carolina Beach Elementary School Rated A-
  • Boat Slip
  • Community Pool

About This Lot

As of October 2017

Price reduced! Amazing OCEAN VIEW lot in gated community with 36' boat slip in private marina, pool & tennis. Walk to the beach or to your boat! Use the amenities until you build. Located in the gated community of Oceana in Carolina Beach. The lot is cleared and ready to build with unobstructed views across the natural tidal marsh to the sand dunes and the horizon on the Atlantic Ocean. Excellent boat access to Intracoastal waterway, the basin at Carolina beach and Snow's Cut which leads to the Cape fear River and also the Ocean! There is a nature walkway across the marsh.

Last Agent to Sell the Property

Jason Bell

Keller Williams Innovate-Wilmington Listed on: 05/10/2017

Last Buyer's Agent

Jason Bell

Keller Williams Innovate-Wilmington License #225212

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,767

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 102x183x39x213
  • Property fronts a marsh
  • 39 Feet of Waterfront
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned R-1B

HOA Fees

  • $183 Monthly HOA Fees

Schools

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

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 313116.74.5079.000

Community Details

Overview

  • Go Property Manageme HOA, Phone Number (910) 509-7281
  • Oceana Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Pool
  • Water Access
  • Boat Slip

Additional Features

  • Picnic Area
  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$7,767

Lot Details

0

HOA Fees

$183 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 102
  • Water Frontage: 39.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Dock, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Picnic Grounds, Pool, Ramp, Security, Tax Comm Areas, Tennis
  • Annual HOA: 2200.08
  • HOA Company: Go Property Manageme
  • HOA Phone: (910) 509-7281

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 5111
  • Deed Page: 236.00
  • Lot Dimensions: 102x183x39x213
  • Lot Number: 5
  • Lot Sq Ft: 13939.00
  • Lot Water Features: Boat Slip, Marsh Front, Water Access Comm, Waterfront Comm
  • Zoning: R-1B
  • Acres: 0.32
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Price per Acre: 1046875.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Cleared/Partial
  • Lot Number2: 5

Tax Info

  • Tax Identifier: 313116.74.5079.000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 2508.00

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
May 10, 2017
Closed on
Sep 18, 2017
Sold by
Klass Mark E and Klass Becky P
Bought by
Royall Ricky
Seller's Agent
Jason Bell
Keller Williams Innovate-Wilmington
Buyer's Agent
Jason Bell
Keller Williams Innovate-Wilmington
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Current Estimated Value
$1,884,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,569,902
Avg. Annual Appreciation
25.17%

Purchase Details

Closed on
Aug 28, 2003
Sold by
Capron Kenneth J Dawn A
Bought by
Klass Mark E Becky P

Purchase Details

Closed on
Sep 26, 2002
Sold by
Venditti Alexander S Pamela A
Bought by
Capron Kenneth J Dawn A

Purchase Details

Closed on
Dec 22, 1995
Sold by
Farwell William T Susanna D
Bought by
Venditti Alexander S Pamela A

Purchase Details

Closed on
Apr 18, 1994
Sold by
Oceana Limited Partnership
Bought by
Farwell William T Susanna D

Purchase Details

Closed on
Mar 15, 1994
Sold by
Coquina Harbour Of Car Bch Inc
Bought by
Oceana Limited Partnership
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
Royall Ricky $315,000 None Available
Klass Mark E Becky P $217,500 --
Capron Kenneth J Dawn A $187,500 --
Venditti Alexander S Pamela A $98,000 --
Farwell William T Susanna D $71,000 --
Oceana Limited Partnership $1,730,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2017 10/09/17 Sold $315,000 -10.0% --
09/12/2017 09/12/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $350,000 -- --
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 $7,767 $1,133,900 $376,600 $757,300
2022 $7,597 $1,133,900 $376,600 $757,300
2021 $7,824 $1,133,900 $376,600 $757,300
2020 $6,414 $801,800 $315,100 $486,700
2019 $3,066 $318,300 $315,100 $3,200
2018 $2,483 $318,300 $315,100 $3,200
2017 $3,279 $318,300 $315,100 $3,200
2016 $2,660 $310,000 $310,000 $0
2015 $2,508 $310,000 $310,000 $0
2014 $2,446 $310,000 $310,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100062258

Hive MLS

APN: R08519-002-003-000