NOT LISTED FOR SALE

425 Marlin St Sunset Beach, NC 28468

Estimated Value: $882,723 - $1,071,000

3 Beds
2 Baths
1,601 Sq Ft
$609/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $430,000 $269 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,440/month

552 Days on Market

Highlights

  • Ocean View
  • Home fronts a canal
  • Furnished
  • Boat Dock
  • Deck
  • No HOA

About This Home

As of March 2013

Looking for a inexpensive beach home on the water? This home on the wonderful island of Sunset Beach gives you that and so much more. The home is listed as a 3 bedroom, 2 bath home, but it has a nice finished area on the ground floor that offers another living area, bedroom, and bathroom. The home sits on a close to the beach location, on a quiet Cul De- Sac. The home has all the amenities needed for a great time at the beach, like multiple decks, large screened porch, pier, and personal float dock, and even 2 garages for your boat or vehicles. The interior is bright and open with a nice cathedral ceiling entrance as you walk in. The kitchen and dining area has plenty of space to enjoy your favorite island meals. The home enjoys a consistent rental history, grossing $19K to $22K a year. Do

Last Agent to Sell the Property

Pat Wolfe

Sunset Properties, Inc. License #242499 Listed on: 09/20/2011

Last Buyer's Agent

David Nelson

CENTURY 21 Sunset Realty License #87021

CENTURY 21 Sunset Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 4,500 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Home fronts a canal

Property Views

  • Ocean
  • Canal

Home Design

  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,601 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Dining Room

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot L-4
  • Assessor Parcel Number 105413142369

Community Details

Recreation

  • Boat Dock

Additional Features

  • No Home Owners Association
  • Security Lighting

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 1980
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Flooring: Laminate, Vinyl
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Ceiling Fan(s), Wash/Dry Connect, Furnished
  • List Price per Sq Ft: 293.50
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1601.00
  • Total Heated Primary Separate Sq Ft: 1601.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Composition
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Unpaved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Water Tap Available
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Boat Dock, See Remarks

Lot Info

  • Deed Page: 160.00
  • Lot Acres: 0.10
  • Lot Dimensions: 50X90
  • Lot Number: L-4
  • Lot Sq Ft: 4500.00
  • Special Assessments: Confirmed
  • Zoning: Residential
  • Lot View Type: Canal View, Ocean View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 105413142369

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2011
Closed on
Mar 28, 2013
Sold by
Freedman Richard L and Freedman Amy Z
Bought by
Anson Nicholas Peter and Concordia Susan Elizabeth
Seller's Agent
Pat Wolfe
Sunset Properties, Inc.
Buyer's Agent
David Nelson
CENTURY 21 Sunset Realty
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Current Estimated Value
$974,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,431
Avg. Annual Appreciation
6.61%
Original Mortgage
$270,000
Outstanding Balance
$191,444
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$782,987

Purchase Details

Closed on
Mar 31, 2009
Sold by
Freedman Richard L and Freedman Debra Ann
Bought by
Freedman Richard L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anson Nicholas Peter $430,000 None Available
Freedman Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anson Nicholas Peter $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $430,000 -13.8% $269 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
09/20/2011 09/20/11 For Sale $499,000 -- $312 / 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 $4,195 $795,750 $390,000 $405,750
2024 $4,195 $795,750 $390,000 $405,750
2023 $3,053 $780,950 $390,000 $390,950
2022 $3,053 $432,980 $210,000 $222,980
2021 $3,033 $432,980 $210,000 $222,980
2020 $3,033 $432,980 $210,000 $222,980
2019 $3,033 $216,180 $210,000 $6,180
2018 $3,043 $238,430 $235,000 $3,430
2017 $3,032 $238,430 $235,000 $3,430
2016 $3,005 $238,430 $235,000 $3,430
2015 $2,993 $442,960 $235,000 $207,960
2014 $2,864 $499,657 $339,500 $160,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20660105

Hive MLS

APN: 256NA013