NOT LISTED FOR SALE

409 Settlers Ln Kure Beach, NC 28449

Estimated Value: $671,159 - $806,000

3 Beds
2 Baths
1,819 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 13, 2017

Last sale price $358,000 $197 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,350/month

21 Days on Market

Highlights

  • Spa
  • Clubhouse
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of April 2017

Is there anything better than being walking distance to the beach and backing up to protected woodlands where you can see deer and other wildlife? Here's your opportunity to buy a one owner, well maintained, 3 bedroom, 2 bath brick home in Kure Beach Village. The spacious living room has a coffered ceiling, gas fire-place, ceiling fan and wood floors. The open floor plan is perfect for entertaining with a bar top counter in the kitchen, center kitchen island, breakfast nook has french doors opening to the screened in porch. Just off the porch is the Bradford Products stainless steel custom hot tub. The Master Bedroom is tucked in the back of the home for extra peace and quiet and comes with a walk in closet. The Master Bathroom comes with a corner-soaking tub, stand up shower, double

Last Agent to Sell the Property

Erik Hoffacker

RE/MAX Essential License #222617 Listed on: 01/19/2017

RE/MAX Essential

Last Buyer's Agent

Mike Lardieri

Homes For Sale in Wilmington License #223101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1998

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 70 x 100
  • Property is zoned RA-2A

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,819 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry in Garage

Kitchen

  • Stove
  • Built-In Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 18R
  • Assessor Parcel Number R09209-012-028-000

Community Details

Overview

  • Kure Beach Village Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,105

Year Built

Built in 1998

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Hot Tub, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Garage
  • List Price per Sq Ft: 206.16
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1819.00
  • Total Heated Primary Separate Sq Ft: 1819.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Disposal, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, See Remarks, Tennis Court(s), Taxes, Community Pool, Maint - Comm Areas
  • HOAAssociationFee1Year: 325.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 834.00
  • Lot Acres: 0.16
  • Lot Dimensions: 70 x 100
  • Lot Number: 18R
  • Lot Sq Ft: 6970.00
  • Zoning: RA-2A

Tax Info

  • Tax Identifier: R09209-012-028-000
  • Tax Year: 2016

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2018
Sold by
Merkle Gary L
Bought by
Merkle Gary L and Merkle Karen
Current Estimated Value
$735,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 24, 2017
Sold by
Sibiga Martin L and Sibiga Christina A
Bought by
Merkle Gary L
Seller's Agent
Erik Hoffacker
RE/MAX Essential
Buyer's Agent
Mike Lardieri
Homes For Sale in Wilmington
List Price
$375,000
Sold Price
$358,000
Premium/Discount to List
-$17,000
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$322,200
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 11, 1996
Sold by
Eddie Edwards Construction Inc
Bought by
Sibiga Martin L Christina A

Purchase Details

Closed on
Dec 29, 1995
Sold by
Gulfstream Developers Inc
Bought by
Eddie Edwards Construction Inc

Purchase Details

Closed on
Jul 27, 1995
Sold by
Obhues Paul Dorothea
Bought by
Gulfstream Developers Inc
Source: Public Records

Range of Values:

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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
Merkle Gary L -- None Available
Merkle Gary L $358,000 None Available
Sibiga Martin L Christina A $43,000 --
Eddie Edwards Construction Inc $360,000 --
Gulfstream Developers Inc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkle Gary L $324,000
Closed Merkle Gary L $325,000
Closed Merkle Gary L $322,200
Previous Owner Sibiga Martin L $86,000
Previous Owner Sibiga Martin L $50,000
Previous Owner Sibiga Martin L $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2017 04/13/17 Sold $358,000 -4.5% $197 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $375,000 -- $206 / 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 $3,105 $419,600 $181,200 $238,400
2022 $3,024 $419,600 $181,200 $238,400
2021 $3,108 $419,600 $181,200 $238,400
2020 $3,085 $344,700 $178,100 $166,600
2019 $3,085 $344,700 $178,100 $166,600
2018 $3,051 $344,700 $178,100 $166,600
2017 $2,947 $344,700 $178,100 $166,600
2016 $3,238 $356,600 $144,300 $212,300
2015 $2,979 $356,600 $144,300 $212,300
2014 $2,908 $356,600 $144,300 $212,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erik Hoffacker

    RE/MAX

    (910) 777-2700

    2 in this area

    75 Total Sales

    Section Image
  • Mike Lardieri

    Buyer's Agent in 2017

    Mike Lardieri

    Homes For Sale in Wilmington

    (910) 538-7767

    1 in this area

    26 Total Sales

    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100044023

Hive MLS

APN: R09209-012-028-000

North Carolina New Hanover County Kure Beach 28449

409 Settlers Ln, Kure Beach, NC

This home is located at 409 Settlers Ln, Kure Beach, NC 28449 since 19 January 2017 and is currently estimated at $735,790, approximately $404 per square foot. This property was built in 1998. 409 Settlers Ln is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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