$740,000
SOLD OCT 28, 2022

505 Ocean Blvd Unit 2 Carolina Beach, NC 28428

4 Beds
4 Baths
2,376 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

1% Below List Price

29 Days on Market

Highlights

  • Deck
  • <<bathWithWhirlpoolToken>>
  • Solid Surface Countertops
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Golf Cart Parking

About This Home

As of June 2023

Opportunity abounds! Primary residence, second home, or investment...you choose. Enjoy the ocean view from the penthouse balcony and walk only 4 blocks to put your toes in the sand. This home was built with attention to quality and detail. Come make your Carolina Beach memories in this beautifully appointed, side by side unit. The elevator is a plus and allows for ease of access. Conveniently located between Carolina and Kure Beaches and close to restaurants, parks and all that island life has to offer. Make an appointment to see this stunning home today. Price is firm. See agent remarks.

Last Agent to Sell the Property

Mende Kitzman

Coldwell Banker Sea Coast Advantage-CB License #312475 Listed on: 09/17/2022

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Stephanie Fessel

Intracoastal Realty Corp License #227732

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 2005

Home Design

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

Interior Spaces

  • 2,376 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Termite Clearance
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • 1 Attached Carport Space
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Golf Cart Parking

Outdoor Features

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

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System

Additional Features

  • Accessible Elevator Installed
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R09017-004-020-002

Community Details

Overview

  • Property has a Home Owners Association
  • 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

$3,184

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: A
  • 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
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Elevator, Furnished, Smoke Detectors, Solid Surface, Walk-in Shower, Walk-In Closet, Whirlpool
  • List Price per Sq Ft: 315.66
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 2376.00
  • Total Heated Primary Separate Sq Ft: 2376.00

Exterior Features

  • Exterior Features: Outdoor Shower, Security Lighting
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered, Deck, Open, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage And Parking: Golf Cart Parking, Tandem
  • Attached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Off Street, On Site, Paved

Utilities

  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump, Zoned
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Termite Bond

Lot Info

  • Deed Book: 6351
  • Deed Page: 1208.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 2376.00
  • Plat Book: 16
  • Plat Page: 133
  • Zoning: MH

Tax Info

  • Tax Identifier: R09017-004-020-002
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 3183.84

MLS Schools

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

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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Range of Values:

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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: 100349866

Hive MLS

APN: R09017-004-020-002