$797,000
SOLD JUL 18, 2023

409 Monroe Ave Carolina Beach, NC 28428

7 Beds
3 Baths
2,479 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$322 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Furnished
  • Porch
  • Carolina Beach Elementary School Rated A-
  • Thermal Windows
  • Open Patio

About This Home

As of July 2023

Welcome to the heart of Carolina Beach! This exceptional triplex vacation rental presents a remarkable investment opportunity. This property comes fully furnished and ready for immediate occupancy with a robust rental history spanning three years. Upgrades include a new roof installed in 2023 and three new mini-split systems in 2021. Situated just three and a half blocks away from the renowned Carolina Beach boardwalk, this triplex is perfect for both residents and vacationers alike. Take advantage of the possibilities by living in one unit while renting out the others, or continue reaping the benefits as a successful vacation rental operation. Don't miss out on this fantastic chance to make the most of Carolina Beach living!

Last Agent to Sell the Property

Joe Prillaman

eXp Realty Listed on: 06/02/2023

Last Buyer's Agent

Abby Harris

Nest Realty License #302840

Nest Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,297

Year Built

  • Built in 1966

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x96
  • Vinyl Fence
  • Wood Fence
  • Chain Link Fence

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Bathrooms
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R09006-014-015-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,297

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Triplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Furnished
  • List Price per Sq Ft: 260.42
  • Total Bathrooms: 3.00
  • Number Bedrooms Total: 7

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: Chain Link, Vinyl, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Open, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Baseboard
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Lot Info

  • Deed Page: 2750.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x96
  • Lot Sq Ft: 4792.00
  • Lot Water Features: None
  • Special Assessments: None Known
  • Zoning: R-1

Tax Info

  • Tax Identifier: R09006-014-015-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2296.76

Multi Family

  • Number Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 17, 2023
Sold by
Happick Daniel Adam and Happick Emily M
Bought by
Krone Samuel and Isenberg Christine
Seller's Agent
Joe Prillaman
eXp Realty
Buyer's Agent
Abby Harris
Nest Realty
List Price
$800,000
Sold Price
$797,000
Premium/Discount to List
-$3,000
-0.38%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$589,500
Outstanding Balance
$576,594
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$267,957

Purchase Details

Closed on
Dec 23, 2019
Sold by
Happick Daniel Adam
Bought by
Happick Daniel Adam and Happick Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 7, 2019
Sold by
Wesner William and Wesner Christina M
Bought by
Happick Daniel Adam
Seller's Agent
Todd Dillon
Intracoastal Realty Corp
Buyer's Agent
Abby Harris
Coldwell Banker Sea Coast Advantage-CB
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%

Purchase Details

Closed on
Sep 21, 2011
Sold by
Laakmann Thomas and Laakmann Susan W
Bought by
Wesner William and Wesner Christine M

Purchase Details

Closed on
Apr 7, 1999
Sold by
Despaigne Jamaye R
Bought by
Despaigne Jamaye R

Purchase Details

Closed on
Aug 26, 1993
Sold by
Boykin William H Betty
Bought by
Despaigne Jamaye R

Purchase Details

Closed on
Oct 19, 1989
Sold by
Axsom James B Linda W
Bought by
Boykin William H Betty

Purchase Details

Closed on
Jan 5, 1989
Sold by
Durham Jack G
Bought by
Axsom James B Linda W

Purchase Details

Closed on
Jul 1, 1988
Sold by
Durham Jack G Wilma Mtux
Bought by
Durham Jack G

Purchase Details

Closed on
Sep 1, 1982
Sold by
Edgerton Alvin Earl
Bought by
Durham Jack G Wilma M

Purchase Details

Closed on
Oct 1, 1974
Bought by
Edgerton Alvin Earl Mildred F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $797,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $385,000 None Available
Warranty Deed -- None Available
Deed -- --
Deed $83,500 --
Deed $60,000 --
Deed $37,000 --
Deed $65,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,500 New Conventional
Previous Owner $287,000 New Conventional
Previous Owner $257,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Price Changed $825,000 -2.8% --
05/30/2025 05/30/25 Price Changed $849,000 -1.3% --
04/23/2025 04/23/25 For Sale $860,000 +7.9% --
07/18/2023 07/18/23 Sold $797,000 -0.4% $322 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $800,000 +107.8% $323 / Sq Ft
06/10/2019 06/10/19 Sold $385,000 0.0% $155 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $385,000 -- $155 / 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 $2,352 $343,300 $172,300 $171,000
2023 $2,280 $342,800 $172,300 $170,500
2022 $2,297 $342,800 $172,300 $170,500
2021 $2,365 $342,800 $172,300 $170,500
2020 $1,974 $246,800 $72,800 $174,000
2019 $1,974 $246,800 $72,800 $174,000
2018 $1,925 $246,800 $72,800 $174,000
2017 $1,962 $246,800 $72,800 $174,000
2016 $1,767 $205,900 $78,000 $127,900
2015 $1,666 $205,900 $78,000 $127,900
2014 $1,625 $205,900 $78,000 $127,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100387610

Hive MLS

APN: R09006-014-015-000