NOT LISTED FOR SALE

505 Ocean Blvd Unit 1 Carolina Beach, NC 28428

Estimated Value: $738,130 - $967,000

4 Beds
4 Baths
2,376 Sq Ft
$138/mo HOA Fee

Last Sold September 23, 2019

Last sale price $450,000 $189 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,580/month

7 Days on Market

Highlights

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

About This Home

As of September 2019

Welcome home to this stunning condo in the heart of Carolina Beach. This property has strictly been used a family vacation home providing minimal wear and tear. Offering 4 bedrooms, 4 bathrooms, an elevator for quick access to three of the four levels, and beautiful ocean views from the top floor penthouse, this property is the one you've been waiting for. An open concept kitchen updated with granite counters, pendant lighting and stainless appliances overlooks the dining and living rooms. The bathrooms are finished with tile showers, and there are ample porches for you to fully experience ocean breezes whether you have your morning coffee or an evening glass of wine, there is a porch or balcony for you offering either sunrise or sunset views. Rinse off in your outdoor shower after spending the day on the beach. You are just four short blocks to the Ocean public beach access. Schedule a showing today and find yourself at home in this cheerful beach house.

Last Agent to Sell the Property

Leigh Saunders

Berkshire Hathaway HomeServices Carolina Premier Properties License #283412 Listed on: 08/05/2019

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Julie Thomas

Berkshire Hathaway HomeServices Carolina Premier Properties License #285954

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2005

Lot Details

  • 4,792

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Ocean Views
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • <<bathWithWhirlpoolToken>>

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Home Security

Parking

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

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered patio or porch

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Irrigation

Listing and Financial Details

  • Assessor Parcel Number R09017-004-020-001

Community Details

Overview

  • Wilmington Beach Subdivision

Security

  • Storm Windows

Property Details

Home Type

Condominium

Year Built

Built in 2005

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More, Half Building
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Solid Surface, Whirlpool, Elevator, Ceiling Fan(s)
  • Laundry Location: Closet, Hookup - Dryer, Hookup - Washer, Hall
  • List Price per Sq Ft: 192.55
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Dining Room Level: Second
  • Family Room Level: First
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Third
  • Other Level: Fourth
  • Sq Ft Heated: 2376.00
  • Total Heated Primary Separate Sq Ft: 2376.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Thermal Windows, Storm Windows, Irrigation System
  • Exterior Finish: Composition, Fiber Cement
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • 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: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities
  • HOAAssociationFee1Year: 1660.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2205.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 5000.00
  • Plat Book: 16
  • Plat Page: 133
  • Zoning: MH
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R09017-004-020-001
  • Tax Year: 2018

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Sep 18, 2019
Sold by
Goswami Vishnukant and Goswami Shwety
Bought by
Oxendine Darlynn Pegram and Oxendine Randolph M
Seller's Agent
Leigh Saunders
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Julie Thomas
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$457,500
Sold Price
$450,000
Premium/Discount to List
-$7,500
-1.64%
Current Estimated Value
$834,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,283
Avg. Annual Appreciation
10.54%
Original Mortgage
$360,000
Outstanding Balance
$320,810
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$485,282

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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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
Oxendine Darlynn Pegram $450,000 None Available
Level 5 Development Llc $1,670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oxendine Darlynn Pegram $360,000
Previous Owner Goswami Vishnu $240,000
Previous Owner Goswami Vishnu $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $450,000 -1.6% $189 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $457,500 -- $193 / 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 -- $475,200 $0 $475,200
2022 $0 $475,200 $0 $475,200
2021 $2,690 $475,200 $0 $475,200
2020 $2,690 $336,300 $0 $336,300
2019 $2,690 $336,300 $0 $336,300
2018 $2,623 $336,300 $0 $336,300
2017 $3,372 $424,100 $0 $424,100
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

  • Leigh Saunders

    Seller's Agent in 2019

    Leigh Saunders

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (401) 413-1735

    3 in this area

    167 Total Sales

    Leigh Saunders
    Section Image
  • Julie Thomas

    Buyer's Agent in 2019

    Julie Thomas

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 256-0021

    1 in this area

    88 Total Sales

    Julie Thomas
    Section Image
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Map

Source: Hive MLS

MLS Number: 100178732

Hive MLS

APN: R09017-004-020-001

North Carolina New Hanover County Carolina Beach 28428

505 Ocean Blvd Unit 1, Carolina Beach, NC

This home is located at 505 Ocean Blvd Unit 1, Carolina Beach, NC 28428 since 05 August 2019 and is currently estimated at $834,283, approximately $351 per square foot. This property was built in 2005. 505 Ocean Blvd 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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