NOT LISTED FOR SALE

411 N Atlantic Ave Unit 16 Southport, NC 28461

Estimated Value: $771,000 - $859,000

12 Beds
4 Baths
3,600 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $700,000 $194 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,753/month

22 Days on Market

Highlights

  • 0.63 Acre Lot
  • Corner Lot
  • Covered Patio or Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Location, downtown Southport and investment opportunity calls! Welcome to north Atlantic Ave. just a short walking distance to historic downtown Southport and home to the prettiest live oak trees in the area. These four 3-bedroom, 1-bathroom homes are all currently rented with established rental history. Just 5 blocks away from the Cape Fear river waterfront take advantage of the delightful seaside atmosphere that Southport has to offer. For the investor there is great potential to increase revenue income. If you are searching for the perfect Southport location and just minutes away from the sandy beaches of Oak Island you have found it!

Last Agent to Sell the Property

Nolan Formalarie

Discover NC Homes License #233404 Listed on: 11/16/2021

Last Buyer's Agent

Andrew Peterson

Northrop Realty License #328455

Northrop Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,707

Year Built

  • Built in 1953

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 129x142x197x210
  • Corner Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4 Bathrooms
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector

Parking

  • Dirt Driveway
  • On-Site Parking

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 237ef010

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,707

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Smoke Detectors
  • List Price per Sq Ft: 198.61
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 12
  • Total Heated Sq Ft: 3600.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Dirt, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Book: 4484
  • Deed Page: 57.00
  • Lot Acres: 0.63
  • Lot Description: Corner Lot
  • Lot Dimensions: 129x142x197x210
  • Lot Sq Ft: 27443.00
  • Plat Book: 2.5
  • Plat Page: 120
  • Zoning: residential

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: 237ef010
  • Tax Year: 2021

Multi Family

  • Number Total Units: 4

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Apr 29, 2022
Sold by
Cinderella Story Llc
Bought by
Davis John Clifford and Faires James T
Seller's Agent
Nolan Formalarie
Discover NC Homes
Buyer's Agent
Andrew Peterson
Northrop Realty
List Price
$715,000
Sold Price
$700,000
Premium/Discount to List
-$15,000
-2.1%
Current Estimated Value
$806,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,689
Avg. Annual Appreciation
4.24%

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 4, 2020
Sold by
Lkg 6 Llc
Bought by
Cinderella Story Llc
Seller's Agent
Nolan Formalarie
Discover NC Homes
Buyer's Agent
Nolan Formalarie
Discover NC Homes
List Price
$449,900
Sold Price
$447,400
Premium/Discount to List
-$2,500
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.77%
Original Mortgage
$292,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 17, 2013
Sold by
Hardee Brothers Properties Llc
Bought by
Lkg 6 Llc

Purchase Details

Closed on
Aug 19, 2009
Sold by
Hardee Lewis I and Hardee Donald Lee
Bought by
Hardee Brothers Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davis John Clifford $700,000 Darby Sandra L
Cinderella Story Llc $447,500 None Available
Lkg 6 Llc $352,000 None Available
Hardee Brothers Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cinderella Story Llc $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2022 05/11/22 Sold $700,000 -2.1% $194 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $715,000 +59.8% $199 / Sq Ft
11/10/2020 11/10/20 Sold $447,400 -0.6% $124 / Sq Ft View Prior Sale
08/07/2020 08/07/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $449,900 -- $125 / 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 $5,707 $680,230 $401,280 $278,950
2024 $5,707 $680,230 $401,280 $278,950
2023 $4,881 $680,230 $401,280 $278,950
2022 $4,881 $421,610 $273,410 $148,200
2021 $4,147 $421,610 $273,410 $148,200
2020 $4,147 $421,610 $273,410 $148,200
2019 $4,147 $273,950 $273,410 $540
2018 $3,061 $228,320 $227,840 $480
2017 $2,999 $228,320 $227,840 $480
2016 $2,729 $228,320 $227,840 $480
2015 $2,729 $289,250 $227,840 $61,410
2014 $6,345 $802,720 $564,480 $238,240
Source: Public Records

Agents Affiliated with this Home

  • Nolan Formalarie

    Seller's Agent in 2022

    Nolan Formalarie

    Discover NC Homes

    (910) 477-0085

    31 in this area

    518 Total Sales

    Nolan Formalarie
    Section Image

  • A

    Buyer's Agent in 2022

    Andrew Peterson

    Creig Northrop Team of Long & Foster

    (910) 232-8965

    1 in this area

    10 Total Sales

    Andrew Peterson
    Section Image
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Map

Source: Hive MLS

MLS Number: 100301200

Hive MLS

APN: 237EF010

North Carolina Brunswick County Southport 28461

411 N Atlantic Ave Unit 16, Southport, NC

This home is located at 411 N Atlantic Ave Unit 16, Southport, NC 28461 since 16 November 2021 and is currently estimated at $806,689, approximately $224 per square foot. This property was built in 1953. 411 N Atlantic Ave Unit 16 is a home located in Brunswick County with nearby schools including Southport Elementary School, South Brunswick Middle School, and South Brunswick 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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