NOT LISTED FOR SALE

502 Tennessee Ave Unit 1 Carolina Beach, NC 28428

Estimated Value: $510,332 - $592,000

3 Beds
3 Baths
1,360 Sq Ft
4,792 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $460,000 $338 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,181/month

1 Day on Market

Highlights

  • Water Views
  • Deck
  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Balcony

About This Home

As of October 2021

Have you always said ''Someday I'm going to have a Beach House''? Today is your day! Just bring your bathing suit, cooler, and flip flops and you are there. This 3 bedroom, 3 bathroom, condo that is a Townhouse style is only 5 blocks from the Tennessee Ave. beach access. Walk to the beach with your chairs and cooler on your pull cart. It comes fully furnished. This home has three decks for you to enjoy, including a third floor deck ''Widows Peak'' with ocean views from both top decks. It has a two car covered carport and more room for two or three cars in the driveway. Close off the carport holds all your beach toys. Located in the desirable Tennessee Ave. section of Carolina Beach 1 mile from the Boardwalk and 5 blocks from the Ocean Grill and Tiki Bar, and 5 blocks from the Carolina Beach Greenway. This home has only had one owner who used it strictly as a beach home and it has never been rented. Probably only used about 60 days a year, so it is immaculately well kept and move in ready. Whether you want an occasional beach house for you and your family or you want to live the full time beach life, this is the home for you. When one of these units are listed they go within 1-5 days so don't wait.

Last Agent to Sell the Property

David Elam

Intracoastal Realty Corp License #316394 Listed on: 09/16/2021

Last Buyer's Agent

The Domenico Grillo Real Estate Team

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 2005

Lot Details

  • 4,792

Home Design

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

Interior Spaces

  • 1,360 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Water Views
  • Attic Access Panel
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R09013-006-006-001

Community Details

Overview

  • No Home Owners Association
  • Wilmington Beach Subdivision

Security

  • Fire and Smoke Detector

Recreation

  • Outdoor Shower

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,176

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Furnished, Smoke Detectors, Walk-In Closet
  • List Price per Sq Ft: 319.85
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 1360.00
  • Total Heated Primary Separate Sq Ft: 1360.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Open, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Disposal, Refrigerator, Washer, Dryer
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 2632.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Sq Ft: 4792.00
  • Lot Water Features: None
  • Plat Book: 4495
  • Plat Page: 0429
  • Zoning: R-1-WB RESIDEN

Green Features

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

Tax Info

  • Tax Identifier: R09013-006-006-001
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 535.00
  • Total Real Estate Property Taxes: 2176.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 13, 2021
Sold by
Landon Michael G and Landon Gail L
Bought by
Houde Marilyn and Houde David
Seller's Agent
David Elam
Intracoastal Realty Corp
Buyer's Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington
List Price
$435,000
Sold Price
$460,000
Premium/Discount to List
$25,000
5.75%
Current Estimated Value
$566,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,083
Avg. Annual Appreciation
5.37%
Original Mortgage
$372,300
Outstanding Balance
$339,503
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,580

Purchase Details

Closed on
Dec 29, 2005
Sold by
Landon Michael G and Landon Gail L
Bought by
Landon Michael G and Landon Gail L

Purchase Details

Closed on
Sep 17, 2004
Sold by
Alan Votta Construction Inc
Bought by
Carolina Beach Lofts Llc

Purchase Details

Closed on
May 3, 2004
Sold by
Mcglynn Thomas E Loran L
Bought by
Alan Votta Construction Inc
Source: Public Records

Range of Values:

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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
Houde Marilyn $460,000 None Available
Landon Michael G -- None Available
Carolina Beach Lofts Llc $3,325,000 --
Alan Votta Construction Inc $1,378,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houde Marilyn $372,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $460,000 +5.7% $338 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $435,000 -- $320 / 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 $2,160 $315,400 $0 $315,400
2022 $2,113 $315,400 $0 $315,400
2021 $2,176 $315,400 $0 $315,400
2020 $1,749 $218,600 $0 $218,600
2019 $1,749 $218,600 $0 $218,600
2018 $1,705 $218,600 $0 $218,600
2017 $1,738 $218,600 $0 $218,600
2016 $1,536 $179,000 $0 $179,000
2015 $1,448 $179,000 $0 $179,000
2014 $1,412 $179,000 $0 $179,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Elam

    Intracoastal Realty Corp

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Map

Source: Hive MLS

MLS Number: 100291034

Hive MLS

APN: R09013-006-006-001

North Carolina New Hanover County Carolina Beach 28428

502 Tennessee Ave Unit 1, Carolina Beach, NC

This home is located at 502 Tennessee Ave Unit 1, Carolina Beach, NC 28428 since 16 September 2021 and is currently estimated at $566,083, approximately $416 per square foot. This property was built in 2005. 502 Tennessee Ave Unit 1 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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