$470,000
SOLD SEP 2, 2020

505 Ocean Blvd Unit 2 Carolina Beach, NC 28428

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

Recently Sold

$198 Per Sq Ft

1% Below List Price

14 Days on Market

Highlights

  • Ocean View
  • Deck
  • <<bathWithWhirlpoolToken>>
  • Carolina Beach Elementary School Rated A-
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of June 2023

Wow what a stunning beach home! This beautiful side by side condo offers ocean views from the penthouse balcony, 4 bedrooms, 4 bathrooms, an additional family room on the ground floor, an elevator, and an open floor plan on the main living area. There is no restriction on short term rentals, though this property has been used as a family vacation home for years with minimal wear and tear. Walk just four short blocks to public beach access, dining, shopping and night life. Carolina Beach offers ample restaurants, bars, a farmer's market, fireworks and festivals, family friendly fun and a lifetime of the best sand between your toes memories you can imagine. Schedule a showing today on this beautiful home.

Last Agent to Sell the Property

Leigh Saunders

Berkshire Hathaway HomeServices Carolina Premier Properties License #283412 Listed on: 07/23/2020

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Mende Kitzman

Coldwell Banker Sea Coast Advantage-CB License #312475

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 2005

HOA Fees

  • $137 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,376 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Kitchen

  • Stove
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • <<bathWithWhirlpoolToken>>

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Covered patio or porch

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Irrigation

Listing and Financial Details

  • Assessor Parcel Number R09017-004-020-002

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Wilmington Beach Subdivision
  • Maintained Community

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,255

Year Built

Built in 2005

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: Elevator
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 3 Story or More, Half Building
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Whirlpool, Walk-In Closet, Solid Surface, Elevator, Foyer, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 199.87
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 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: Irrigation System, Security Lighting, Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Open, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: Tandem
  • Attached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking Other See Remarks: tandem avail too
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport, Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central, Zoned
  • Fuel Tank: None
  • Heating System: Heat Pump, Zoned
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Pest Control, Roof, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 1644.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 54.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 4792.00
  • Plat Book: 16
  • Plat Page: 133
  • Zoning: MH
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R09017-004-020-002
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 27, 2023
Sold by
Fessel Dennis K and Fessel Stephanie L
Bought by
Rose Sandra J
Seller's Agent
Stephanie Fessel
Intracoastal Realty Corp
Buyer's Agent
Don Harris
Intracoastal Realty Corporation
List Price
$750,000
Sold Price
$750,000
Views
61
Current Estimated Value
$820,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,330
Avg. Annual Appreciation
3.42%

Purchase Details

Listed on
Sep 17, 2022
Closed on
Oct 17, 2022
Sold by
Iriarte Maria T
Bought by
Fessel Dennis K and Fessel Stephanie L
Seller's Agent
Mende Kitzman
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Stephanie Fessel
Intracoastal Realty Corp
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$440,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 30, 2020
Sold by
Gaskins Darryl and Gaskins Claire
Bought by
Iriarte Maria T
Seller's Agent
Leigh Saunders
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Mende Kitzman
Coldwell Banker Sea Coast Advantage-CB
List Price
$474,900
Sold Price
$470,000
Premium/Discount to List
-$4,900
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.51%
Original Mortgage
$137,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
Homeboy Homes Llc
Bought by
Level 5 Development Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 None Listed On Document
Warranty Deed $740,000 --
Warranty Deed $470,000 None Available
Deed $1,670,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $440,000 New Conventional
Previous Owner $137,900 New Conventional
Previous Owner $46,400 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $750,000 0.0% $316 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $750,000 +1.4% $316 / Sq Ft
10/28/2022 10/28/22 Sold $740,000 -1.3% $311 / Sq Ft
10/17/2022 10/17/22 For Sale $750,000 +1.4% $316 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/11/2022 10/11/22 Off Market $740,000 -- --
10/10/2022 10/10/22 For Sale $750,000 0.0% $316 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/17/2022 09/17/22 For Sale $750,000 +59.6% $316 / Sq Ft
09/02/2020 09/02/20 Sold $470,000 -1.0% $198 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $474,900 -- $200 / 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 $3,255 $475,200 $0 $475,200
2022 $3,184 $475,200 $0 $475,200
2021 $3,279 $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

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Map

Source: Hive MLS

MLS Number: 100228227

Hive MLS

APN: R09017-004-020-002