NOT LISTED FOR SALE

438 N Fort Fisher Blvd Kure Beach, NC 28449

Estimated Value: $1,676,000 - $2,462,000

3 Beds
3.5 Baths
2,368 Sq Ft
$883/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,700,000 $718 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $11,885/month

6 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Vaulted Ceiling
  • Carolina Beach Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of June 2021

Island paradise found! You become instantly aware of Mother Nature's artistry as you take your first step through the French doors leading to the panoramic views of the pristine coastline and crystal blue water. Relax in the moment and be entertained by the seagulls and pelicans as they glide across the most spectacular sunrise it becomes clear why this ''Little House on the Beach'' has become such a popular vacation spot for so many families who return year after year.This homes interior is blanketed with light and vast views of the ocean can be enjoyed from almost every room of this house. Located in one of NC's most sought after zip codes of Kure Beach and generating gross rental income of 87k in 2020 and looking to exceed 100k in 2021.The property is being sold furnished with the exception of the Master Bedroom furniture that will be replaced prior to close and will not interrupt rentals in place.Are you looking for a oceanfront home on Kure Beach? Are you looking for turnkey rental investment to add to your portfolio? Then you must see this ''Little House on the Beach''.

Last Agent to Sell the Property

Donna Waller

Landmark Sotheby's International Realty Listed on: 05/07/2021

Landmark Sotheby's International Realty

Co-Listed By

Jeff Waller

Landmark Sotheby's International Realty

Last Buyer's Agent

Kristen Dunn

BlueCoast Realty Corporation License #216778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,435

Year Built

  • Built in 1994

Lot Details

  • 8,342 Sq Ft Lot
  • Ocean Front
  • Irrigation
  • Property is zoned RA-1A

HOA Fees

  • $38 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,368 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Shutters
  • Blinds
  • Great Room
  • Formal Dining Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number R09209002008000

Community Details

Overview

  • Kure Dunes Subdivision
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,435

Year Built

Built in 1994

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1994
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Whirlpool, Walk-In Closet, Furnished, Pantry, Gas Logs, Ceiling - Vaulted
  • Laundry Location: Closet
  • List Price per Sq Ft: 661.99
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 11
  • Bedroom 1 Level: Third
  • Bedroom 2 Level: Third
  • Bedroom 4 Level: First
  • Dining Room Level: Main
  • Great Room Level: Main
  • Kitchen Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2368.00
  • Sq Ft Heated Separate: 200.00
  • Total Heated Primary Separate Sq Ft: 2568.00

Exterior Features

  • Exterior Features: Irrigation System, Shutters - Functional, Storm Windows, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Central Vac, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher, Cooktop - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Well Water, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Management, Community Pool
  • HOAAssociationFee1Year: 450.00

Lot Info

  • Deed Page: 365.00
  • Lot Acres: 0.19
  • Lot Dimensions: irregular
  • Lot Number: 9
  • Lot Sq Ft: 8342.00
  • Plat Book: 29
  • Plat Page: 126
  • Zoning: RA-1A

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R09209002008000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 9, 2021
Sold by
Funtime Properties Llc
Bought by
Herrick Wendy Lee and Owens David Michael
Seller's Agent
Donna Waller
Landmark Sotheby's International Realty
Buyer's Agent
Kristen Dunn
BlueCoast Realty Corporation
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$2,091,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,746
Avg. Annual Appreciation
4.99%
Original Mortgage
$900,000
Outstanding Balance
$818,379
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,273,367

Purchase Details

Closed on
Apr 2, 2004
Sold by
Little Mary Frances
Bought by
Funtime Properties Llc

Purchase Details

Closed on
Nov 9, 1999
Sold by
Little Robert Ted
Bought by
Little Mary F

Purchase Details

Closed on
Mar 23, 1998
Sold by
Lawing Richard M Ann B
Bought by
Little Robert Ted Mary F

Purchase Details

Closed on
Aug 8, 1997
Sold by
Collins Kimberly L John L
Bought by
Lawing Richard M Ann B

Purchase Details

Closed on
Jan 24, 1997
Sold by
Hines Clinton L Jr Karen L
Bought by
Collins Kimberly L

Purchase Details

Closed on
Mar 12, 1996
Sold by
Kure Beach Town Of
Bought by
Hines Clinton L Jr Karen L

Purchase Details

Closed on
Nov 13, 1991
Sold by
Lawing Margaret Ann B
Bought by
Hines Clinton L Jr Karen L

Purchase Details

Closed on
Mar 15, 1991
Sold by
Fms Development Group Inc
Bought by
Lawing Margaret Ann B

Purchase Details

Closed on
Jul 19, 1989
Sold by
Kure Beach Associates
Bought by
Fms Development Group Inc
Source: Public Records

Range of Values:

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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
Herrick Wendy Lee $1,700,000 None Available
Funtime Properties Llc -- --
Little Mary F -- --
Little Robert Ted Mary F $476,500 --
Lawing Richard M Ann B -- --
Collins Kimberly L -- --
Hines Clinton L Jr Karen L -- --
Hines Clinton L Jr Karen L -- --
Lawing Margaret Ann B $160,000 --
Fms Development Group Inc $592,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrick Wendy Lee $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $1,700,000 0.0% $718 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,700,000 -- $718 / 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 $8,435 $1,139,800 $717,100 $422,700
2022 $8,216 $1,139,800 $717,100 $422,700
2021 $8,444 $1,139,800 $717,100 $422,700
2020 $7,121 $795,600 $436,900 $358,700
2019 $7,121 $795,600 $436,900 $358,700
2018 $0 $795,600 $436,900 $358,700
2017 $6,802 $795,600 $436,900 $358,700
2016 $7,048 $776,200 $574,600 $201,600
2015 $6,485 $776,200 $574,600 $201,600
2014 $6,330 $776,200 $574,600 $201,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100270370

Hive MLS

APN: R09209-002-008-000