NOT LISTED FOR SALE

424 Oceana Way Carolina Beach, NC 28428

Estimated Value: $1,492,000 - $2,281,029

0.25 Acre
$7,491,028 Price per Acre
10,890 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $710,000

Est. 164% increase in value since last sale

Current estimated payment $10,992/month

193 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 89 Feet of Waterfront
  • Boat Slip
  • Carolina Beach Elementary School Rated A-
  • Boat Dock
  • Ocean Side of Freeway

About This Lot

As of March 2021

Clear ocean views and breezes from one of the last available lots in gated Oceana waterfront community, Carolina Beach. Rare 1/4 acre lot with beautiful views to the Ocean. Just a few steps to 30 ft deeded deep water boatslip F-77 in the protected marina, with boating access to the Ocean, Intracoastal waterway, Carolina Beach yacht basin and the Cape Fear River. Lot is build- ready with water, sewer and bulkhead already in place. Community amenities include marina, community pool, tennis and a unique scenic walkway leading to the beach (Freeman Park) for surfing, fishing and beach combing. Great location and wonderful amenities.

Last Agent to Sell the Property

Jason Bell

Keller Williams Innovate-Wilmington License #225212 Listed on: 08/17/2020

Keller Williams Innovate-Wilmington

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,530

Lot Details

  • 0.25 Acre Lot
  • Property fronts a marsh
  • 89 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Level Lot
  • Cleared Lot
  • Property is zoned R-1B

HOA Fees

  • $258 Monthly HOA Fees

Schools

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

Additional Features

  • Water Views
  • Water Rights

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number R08519-002-011-000

Community Details

Overview

  • Master Insurance
  • Go Property Mgt HOA, Phone Number (910) 509-7281
  • Oceana Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Pool
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Slip
  • Ocean Side of Freeway

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$3,530

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 63
  • Water Frontage: 89.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Maint - Comm Areas, Master Insure, Pool, Security, Tax Comm Areas, Tennis, Trash Removal
  • Annual HOA: 3100.00
  • HOA Company: GO Property Mgt
  • HOA Phone: 9105097281

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 4965
  • Deed Page: 1862.00
  • Lot Description: Deeded Water Rights, Water Depth 4+
  • Lot Dimensions: irregular
  • Lot Number: 13
  • Lot Sq Ft: 10890.00
  • Lot Water Features: Boat Dock, Boat Slip, Bulkhead, Deeded Water Access, Deeded Water Rights, Harbor, Marsh Front, Ocean Side, Water Access Comm, Water Depth 4+, Waterfront Comm
  • Plat Book: 33
  • Plat Page: 336
  • Special Assessments: buyer to confirm
  • Zoning: R-1B
  • Acres: 0.25
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 2996000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 13

Tax Info

  • Tax Identifier: R08519-002-011-000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 3530.00
  • Total Real Estate Property Taxes: 3530.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Mar 16, 2021
Sold by
Garces David E and Garces Leslie Pridgen
Bought by
Summey Arthur Keith and Summey Allison Morrow
Seller's Agent
Jason Bell
Keller Williams Innovate-Wilmington
Buyer's Agent
A Non Member
A Non Member
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Current Estimated Value
$1,872,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,757
Avg. Annual Appreciation
23.64%

Purchase Details

Closed on
Mar 26, 2010
Sold by
Garces David E and Garces Leslie Pridgen
Bought by
Garces Leslie Pridgen

Purchase Details

Closed on
Jan 13, 2006
Sold by
Hamm C Stanley and Hamm Sara H
Bought by
Garces David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2004
Sold by
Winfrey Ronald E Pamela S
Bought by
Hamm C Stanley Sara H

Purchase Details

Closed on
Jun 1, 2000
Sold by
Hornick Gene Sylvia G
Bought by
Winfrey Ronald E Pamela S

Purchase Details

Closed on
Jun 1, 1995
Sold by
Fuhrer Philip Diane
Bought by
Hornick Gene Sylvia G

Purchase Details

Closed on
May 4, 1994
Sold by
Oceana Limited Partnership
Bought by
Fuhrer Philip Diane

Purchase Details

Closed on
Mar 15, 1994
Sold by
Coquina Harbour Of Car Bch Inc
Bought by
Oceana Limited Partnership
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
Summey Arthur Keith $710,000 None Available
Garces Leslie Pridgen -- None Available
Garces David E $810,000 None Available
Hamm C Stanley Sara H $230,000 --
Winfrey Ronald E Pamela S $185,000 --
Hornick Gene Sylvia G $120,000 --
Fuhrer Philip Diane $77,000 --
Oceana Limited Partnership $1,730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garces David E $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $710,000 -5.2% --
02/26/2021 02/26/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $749,000 +5.5% --
01/31/2021 01/31/21 Off Market $710,000 -- --
08/17/2020 08/17/20 For Sale $749,000 -- --
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 $9,197 $359,500 $315,300 $44,200
2022 $2,181 $325,500 $315,300 $10,200
2021 $2,246 $325,500 $315,300 $10,200
2020 $3,530 $441,200 $435,600 $5,600
2019 $3,530 $441,200 $435,600 $5,600
2018 $3,441 $441,200 $435,600 $5,600
2017 $3,508 $441,200 $435,600 $5,600
2016 $2,831 $330,000 $330,000 $0
2015 $2,670 $330,000 $330,000 $0
2014 $2,604 $330,000 $330,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100231900

Hive MLS

APN: R08519-002-011-000