NOT LISTED FOR SALE

417 Carolina Beach Ave N Carolina Beach, NC 28428

Estimated Value: $1,059,000 - $1,521,000

8 Beds
6 Baths
4,035 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $418,000 $104 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $6,337/month

146 Days on Market

Highlights

  • Water Views
  • Deck
  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Ground Level Unit
  • Covered Patio or Porch

About This Home

As of November 2017

Six-plex apartment building with T-1 zoning, located directly across the street from the beach access. Two units are 2 bedroom, and four units are 1 bedroom. 100% occupied with gross rental income of over $50,000 per year. Great location close to downtown Carolina Beach and the Boardwalk. Please email me for more details.

Last Agent to Sell the Property

April Williams

Intracoastal Realty Corp License #199113 Listed on: 04/20/2017

Intracoastal Realty Corp

Last Buyer's Agent

Carol Ellington

Salt Water Real Estate LLC License #263240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 6 Bathrooms
  • 2.5-Story Property
  • Water Views

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Heart Of Carolina Beach Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number R08819-005-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,421

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: C
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • New Construction: No
  • Stories: 2.5
  • Stories Levels: 1st Floor, 2nd Floor, 3rd Floor, Ground
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: None
  • List Price per Sq Ft: 109.02
  • Total Bathrooms: 6.00
  • Number Bedrooms Total: 8
  • Total Heated Sq Ft: 4035.00

Exterior Features

  • Exterior Features: Mail on Site, Trash on Site
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Covered, Deck, Patio, Porch
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air

Association/Amenities

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

Lot Info

  • Deed Book: 4403
  • Deed Page: 40.00
  • Lot Acres: 0.14
  • Lot Dimensions: 50 X 125
  • Lot Number: 19
  • Lot Sq Ft: 6098.00
  • Plat Book: 3
  • Plat Page: 24 and 67
  • Zoning: T-1

Rental Info

  • Pets: Possible

Tax Info

  • Tax Identifier: R08819-005-006-000
  • Tax Year: 2016

Multi Family

  • Number Total Units: 6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2022
Sold by
Gf 2017 Llc
Bought by
Barbour Barry
Current Estimated Value
$1,105,300

Purchase Details

Listed on
Apr 20, 2017
Closed on
Oct 17, 2017
Sold by
Festivus Properties Llc
Bought by
Gf 2017 Llc
Seller's Agent
April Williams
Intracoastal Realty Corp
Buyer's Agent
Carol Ellington
Salt Water Real Estate LLC
List Price
$469,900
Sold Price
$418,000
Premium/Discount to List
-$51,900
-11.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%
Original Mortgage
$334,400
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Seascape Properties Inc
Bought by
Festivus Properties Llc

Purchase Details

Closed on
Jul 23, 2003
Sold by
Gilmore Michael J Virginia L
Bought by
Seascape Properties Inc

Purchase Details

Closed on
Jul 17, 2002
Sold by
Dobbins Jeff Cynthia M
Bought by
Gilmore Michael J Virginia L

Purchase Details

Closed on
Apr 4, 1995
Sold by
Akins Belvin F Dian
Bought by
Dobbins Jeff

Purchase Details

Closed on
Jul 5, 1990
Sold by
Vannote A Robert
Bought by
Akins Belvin F

Purchase Details

Closed on
Jul 2, 1990
Sold by
Vannote A Robert Susan S
Bought by
Vannote A Robert

Purchase Details

Closed on
Apr 1, 1979
Bought by
Vannote A Robert Susan S
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
Barbour Barry $950,000 --
Gf 2017 Llc $418,000 None Available
Festivus Properties Llc $380,000 --
Seascape Properties Inc -- --
Gilmore Michael J Virginia L $285,000 --
Dobbins Jeff $161,500 --
Akins Belvin F $120,000 --
Vannote A Robert -- --
Vannote A Robert Susan S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gf 2017 Llc $334,400
Previous Owner Festivus Properties Llc $280,000
Previous Owner Festivus Properties Llc $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2017 11/02/17 Sold $418,000 -11.0% $104 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $469,900 0.0% $116 / Sq Ft
01/29/2015 01/29/15 Rented $625 0.0% --
01/29/2015 01/29/15 Under Contract -- -- --
01/14/2015 01/14/15 For Rent $625 -- --
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 $3,421 $488,300 $309,400 $178,900
2022 $0 $488,300 $309,400 $178,900
2021 $3,396 $488,300 $309,400 $178,900
2020 $3,396 $424,500 $300,000 $124,500
2019 $3,396 $424,500 $300,000 $124,500
2018 $0 $424,500 $300,000 $124,500
2017 $3,375 $424,500 $300,000 $124,500
2016 $3,656 $426,100 $270,000 $156,100
2015 $3,447 $426,100 $270,000 $156,100
2014 $3,362 $426,100 $270,000 $156,100
Source: Public Records

Agents Affiliated with this Home

  • April Williams

    Seller's Agent in 2017

    April Williams

    Intracoastal Realty Corp

    (910) 458-2001

    10 in this area

    26 Total Sales

    Section Image
  • Carol Ellington

    Buyer's Agent in 2017

    Carol Ellington

    Salt Water Real Estate LLC

    (910) 368-7327

    26 in this area

    53 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    Jud Davis

    Intracoastal Realty Rentals

    (910) 509-9700

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Map

Source: Hive MLS

MLS Number: 100058708

Hive MLS

APN: R08819-005-006-000

North Carolina New Hanover County Carolina Beach 28428

417 Carolina Beach Ave N, Carolina Beach, NC

This home is located at 417 Carolina Beach Ave N, Carolina Beach, NC 28428 since 20 April 2017 and is currently estimated at $1,190,960, approximately $295 per square foot. This property was built in 1940. 417 Carolina Beach Ave N 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.

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