NOT LISTED FOR SALE

502 Augusta Ave Carolina Beach, NC 28428

Estimated Value: $588,000 - $844,000

3 Beds
3 Baths
2,100 Sq Ft
$317/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $462,500 $220 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,832/month

4 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Workshop
  • Carolina Beach Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of January 2023

Investor special with incredible potential! Many ways to finish off this solid, well built home - add a little TLC and use as is, remodel and retain a single family home with room for four bedrooms, or maximize your ROI and add a second unit on the ground floor (2/3 bedrooms) to make a duplex. Zoning allows for two separately deeded units. New metal roof and updated HVAC. Not in the flood zone. Extra wide lot. Unlimited opportunities!

Last Agent to Sell the Property

Marcus Matzke

Palm Air Realty License #314353 Listed on: 12/21/2022

Last Buyer's Agent

alexis roy

Nest Realty License #340361

Nest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1983

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 62.5x100x62.5x100
  • Wood Fence
  • Property is zoned R-1-WB

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Workshop
  • Partial Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R09009-016-001-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,758

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Smoke Detectors, Workshop
  • List Price per Sq Ft: 250.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Second
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2100.00
  • Total Heated Primary Separate Sq Ft: 2100.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Partial, Wood
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 6609
  • Deed Page: 871.00
  • Lot Acres: 0.14
  • Lot Dimensions: 62.5x100x62.5x100
  • Lot Sq Ft: 2100.00
  • Plat Book: 10
  • Plat Page: 8
  • Zoning: R-1-WB

Tax Info

  • Tax Identifier: R09009-016-001-008
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 20, 2023
Sold by
A Shore Thing Nc Llc
Bought by
Fmd Properties North Llc
Seller's Agent
Marcus Matzke
Palm Air Realty
Buyer's Agent
alexis roy
Nest Realty
List Price
$525,000
Sold Price
$462,500
Premium/Discount to List
-$62,500
-11.9%
Views
91
Current Estimated Value
$666,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,669
Avg. Annual Appreciation
16.33%
Original Mortgage
$240,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2022
Sold by
Padfield Patrick
Bought by
A Shore Thing Nc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 12, 2022
Sold by
Patrick Padfield
Bought by
Padfield Patrick

Purchase Details

Closed on
Sep 1, 1983
Bought by
Padfield Edwin B Marion H
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
Fmd Properties North Llc $462,500 --
Fmd Properties North Llc $462,500 None Listed On Document
A Shore Thing Nc Llc $355,000 --
A Shore Thing Nc Llc $355,000 None Listed On Document
Padfield Patrick -- Barnes Ned M
Padfield Edwin B Marion H $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed A Shore Thing Nc Llc $240,000
Previous Owner A Shore Thing Nc Llc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2023 01/24/23 Sold $462,500 -11.9% $220 / Sq Ft
12/25/2022 12/25/22 Pending -- -- --
12/21/2022 12/21/22 For Sale $525,000 -- $250 / 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
2024 $2,758 $402,600 $185,500 $217,100
2023 $2,758 $403,800 $185,500 $218,300
2022 $2,010 $400,000 $185,500 $214,500
2021 $0 $400,000 $185,500 $214,500
2020 $1,156 $289,000 $73,000 $216,000
2019 $1,156 $289,000 $73,000 $216,000
2018 $1,127 $289,000 $73,000 $216,000
2017 $1,149 $289,000 $73,000 $216,000
2016 $961 $224,100 $86,800 $137,300
2015 $906 $224,100 $86,800 $137,300
2014 $884 $224,100 $86,800 $137,300
Source: Public Records

Agents Affiliated with this Home

  • Marcus Matzke

    Seller's Agent in 2023

    Marcus Matzke

    Palm Air Realty

    (910) 458-5269

    36 in this area

    65 Total Sales

    Marcus Matzke
    Section Image

  • a

    Buyer's Agent in 2023

    alexis roy

    Nest Realty

    8 in this area

    14 Total Sales

    alexis roy
    Section Image
  • Urti Coastal Real Estate

    Buyer Co-Listing Agent in 2023

    Urti Coastal Real Estate

    Nest Realty

    (910) 460-6890

    56 in this area

    67 Total Sales

    Urti Coastal Real Estate
    Section Image
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Map

Source: Hive MLS

MLS Number: 100362367

Hive MLS

APN: R09009-016-001-008

North Carolina New Hanover County Carolina Beach 28428

502 Augusta Ave, Carolina Beach, NC

This home is located at 502 Augusta Ave, Carolina Beach, NC 28428 since 21 December 2022 and is currently estimated at $666,169, approximately $317 per square foot. This property was built in 1983. 502 Augusta Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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