NOT LISTED FOR SALE

422 N Fort Fisher Blvd Unit A Kure Beach, NC 28449

Estimated Value: $860,000 - $1,007,000

4 Beds
4.5 Baths
2,074 Sq Ft
2004 Built

Last Sold May 17, 2022

Last sale price $897,500 $433 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,175/month

5 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Deck
  • Bonus Room

About This Home

As of May 2022

Best offers due by noon on Thursday, 3/24/22... Sweeping ocean views are on display from two large decks and rooms in this refined coastal home, located in walking distance to the Kure Beach pier and many options for shopping, dining and nightlife. Relax in the private pool in the backyard, walk to the beach and the brand new oceanfront park or visit iconic restaurants such as Freddie's, Big Daddy's or Jack Mackerel's--the options are endless. The interior is equally appealing, as it has a seamless, open floor plan and abundant natural light, brought in by French doors and large windows in most of the rooms. Separated from the living room by a breakfast bar with counter seating, the kitchen features granite counters, custom white cabinetry and high-end appliances. Generous secondary bedrooms, large bonus room a second master suite with a jetted tub, and a spacious, ocean view master suite ensure there is something for everyone. Other highlights include two large rear decks that overlook the pool, a laundry room, one car garage and off-street parking. Previously a vacation rental, the home includes fresh interior paint in the main living areas, new carpet in the bedrooms and a proven history of generating significant annual revenue grossing over 80k in 2021. Available fully furnished, with most of the furnishings replaced within the last two years, including the mattresses, and with a pool that has been grandfathered in (pools are no longer allowed with duplexes), this completely turnkey home is a rare opportunity. With many other fun areas to explore that are just a short distance away, including the NC Aquarium, Ft. Fisher historic area and Carolina Beach, the time to act is now. Ask listing agent for prior year(s) income statements and more information.

Last Agent to Sell the Property

Shanon Ives

Coldwell Banker Sea Coast Advantage License #291500 Listed on: 03/18/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Tom Gale

Coldwell Banker Sea Coast Advantage License #242825

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 2004

Lot Details

  • Fenced Yard
  • Vinyl Fence

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,074 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Ocean Views
  • Attic Access Panel

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Open Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R09217-021-014-001

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,757

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood, Laminate
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Solid Surface, Walk-in Shower, Ceiling Fan(s), Ceiling - Trey
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 431.53
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bonus Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2074.00
  • Total Heated Primary Separate Sq Ft: 2074.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Vinyl
  • Foundation: Pilings, Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 1962.00
  • Lot Dimensions: 0.11
  • Lot Water Features: Second Row
  • Plat Book: 14
  • Plat Page: 318
  • Zoning: RA-3
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 80242.00

Tax Info

  • Tax Identifier: R09217-021-014-001
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 3756.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
May 11, 2022
Sold by
Shay Menefee Michael and Shay Anne Julie
Bought by
Swann Edwin Russell
Seller's Agent
Shanon Ives
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
List Price
$895,000
Sold Price
$897,500
Premium/Discount to List
$2,500
0.28%
Total Days on Market
5
Current Estimated Value
$915,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,478
Avg. Annual Appreciation
3.59%
Original Mortgage
$624,200
Outstanding Balance
$594,381
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$405,760

Purchase Details

Closed on
Oct 24, 2019
Sold by
Baldy Gregory Eugene and Baldy Barbara H
Bought by
Menefee Michael Shay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
Seward Duane M Kathy E
Bought by
Airlie Builders Llc
Source: Public Records

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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
Swann Edwin Russell $1,795 None Listed On Document
Menefee Michael Shay $498,000 None Available
Airlie Builders Llc $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swann Edwin Russell $624,200
Previous Owner Menefee Michael Shay $348,600
Previous Owner Baldy Gregory E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $897,500 +0.3% $433 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $895,000 -- $432 / 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 $3,753 $507,100 $0 $507,100
2022 $3,655 $507,100 $0 $507,100
2021 $3,757 $507,100 $0 $507,100
2020 $2,930 $327,400 $0 $327,400
2019 $2,930 $327,400 $0 $327,400
2018 $2,897 $327,400 $0 $327,400
2017 $2,799 $327,400 $0 $327,400
2016 $2,588 $285,000 $0 $285,000
2015 $2,381 $285,000 $0 $285,000
2014 $2,324 $285,000 $0 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100317698

Hive MLS

APN: R09217-021-014-001