NOT LISTED FOR SALE

503 Ocean Blvd Unit 2 Carolina Beach, NC 28428

Estimated Value: $779,569 - $900,000

4 Beds
4 Baths
2,376 Sq Ft
$137/mo HOA Fee

Last Sold July 12, 2024

Last sale price $775,000 $326 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,987/month

71 Days on Market

Highlights

  • Ocean View
  • Deck
  • Solid Surface Countertops
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of July 2024

COASTAL LIVING at its finest! Views from the roof top deck and a short walk to the beach, AND an elevator. Short term rentals allowed so that you can enjoy yourself, and do vacation rentals if you'd like. Metal roof, roof brackets and exposed rafter tails are an architectural delight! This exquisite property, boasts a spacious 2,425 square feet of living space, complete with 4 large bedrooms and 4 full baths.The home's design exudes casual luxury, with light colors and an abundance of natural light streaming through numerous windows. The interior features high-quality finishes, including hardwood floors, granite countertops, and stainless steel appliances. No carpet at all, and baths are tiled!For those who seek outdoor enjoyment and entertainment, the property offers three decks, providing ample space for relaxation and social gatherings. The rooftop deck, equipped with a wet bar, presents beautiful ocean views. Convenience and accessibility is key, with a private elevator going to the bottom three floors, double laundry hook ups, and low monthly dues contributing to a comfortable and hassle-free lifestyle. The location is unbeatable, with beach access at the end of the street and a brand new sidewalk getting ready to be installed that will run from the Carolina Beach Greenway entrance a couple of blocks away down to the ocean!This home is not just a residence; it's a retreat that promises a serene and comfortable lifestyle by the sea. Whether you're looking for a permanent home or a vacation getaway, 503 Ocean Blvd at Carolina Beach is a property that truly stands out in the market!

Last Agent to Sell the Property

Caroline Dugas

Living Seaside Realty Group License #230006 Listed on: 03/21/2024

Co-Listed By

Tania Upchurch

Living Seaside Realty Group License #266846

Last Buyer's Agent

Tidal Realty Partners

Real Broker LLC

Real Broker LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 2006

HOA Fees

  • $137 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,376 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views
  • Scuttle Attic Hole
  • Pest Guard System

Kitchen

  • <<builtInMicrowave>>
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 1 Attached Carport Space
  • Shared Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number R09017-004-019-000

Community Details

Overview

  • Ocean Palms Coa, Phone Number (910) 458-0818
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Security Lighting
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,216

Year Built

Built in 2006

Lot Details

0

HOA Fees

$137 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Doors, Elevator
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Trash Collection: City Pick-UP
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Scuttle
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Elevator, Foyer, Reverse Floor Plan, Smoke Detectors, Solid Surface
  • Laundry Location: Hall, Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 336.66
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Other Level: First
  • Sq Ft Heated: 2376.00
  • Total Heated Primary Separate Sq Ft: 2376.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Security Lighting, Shutters - Board/Hurricane
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, Porch, See Remarks
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Concrete, Covered, Off Street, Shared

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Pest Control
  • HOAAssociationFee1Year: 1644.00
  • HOAAssociationName: Ocean Palms COA
  • HOAAssociationPhone: 9104580818

Lot Info

  • Deed Page: 2958.00
  • Lot Dimensions: condo
  • Lot Number: 2
  • Lot Water Features: None
  • Plat Book: 16
  • Plat Page: 131
  • Zoning: MH
  • Lot View Type: Ocean View

Green Features

  • Green Bldg Features: Prog Thermostats

Tax Info

  • Tax Identifier: R09017-004-019-000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Jul 12, 2024
Sold by
Heinrichs Paul G and Heinrichs Joan M
Bought by
Deceglio Vita Marie and Deceglio Robert Jerald
Seller's Agent
Caroline Dugas
Living Seaside Realty Group
Buyer's Agent
Tidal Realty Partners
Real Broker LLC
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Views
45
Current Estimated Value
$829,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,642
Avg. Annual Appreciation
7.05%
Original Mortgage
$581,250
Outstanding Balance
$576,886
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$252,756

Purchase Details

Closed on
Nov 7, 2008
Sold by
Ocean Shares Llc
Bought by
Heinrichs Paul G and Heinrichs Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,193
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2007
Sold by
Level 5 Development Llc
Bought by
Ocean Shares Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Homeboy Homes Llc
Bought by
Level 5 Development Llc
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
Deceglio Vita Marie $775,000 None Listed On Document
Heinrichs Paul G $380,500 None Available
Ocean Shares Llc $998,000 None Available
Level 5 Development Llc $1,670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deceglio Vita Marie $581,250
Previous Owner Heinrichs Paul G $425,000
Previous Owner Heinrichs Paul G $331,450
Previous Owner Heinrichs Paul G $342,193
Previous Owner Ocean Shares Llc $704,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $775,000 -3.1% $326 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $799,900 -3.0% $337 / Sq Ft
03/21/2024 03/21/24 For Sale $825,000 -- $347 / 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 $3,216 $469,500 $0 $469,500
2022 $3,146 $469,500 $0 $469,500
2021 $3,240 $469,500 $0 $469,500
2020 $2,644 $330,500 $0 $330,500
2019 $2,644 $330,500 $0 $330,500
2018 $2,578 $330,500 $0 $330,500
2017 $3,314 $330,500 $0 $330,500
2016 $2,752 $320,700 $0 $320,700
2015 $2,594 $320,700 $0 $320,700
2014 $2,530 $320,700 $0 $320,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100434074

Hive MLS

APN: R09017-004-019-002