NOT LISTED FOR SALE

505 Spartanburg Ave Carolina Beach, NC 28428

Estimated Value: $398,000 - $685,455

0.14 Acre
$3,869,486 Price per Acre
6,098 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $192,500

Est. 181% increase in value since last sale

Current estimated payment $2,946/month

69 Days on Market

Highlights

  • No HOA
  • Carolina Beach Elementary School Rated A-
  • Level Lot

About This Lot

As of November 2020

OVERSIZED LOT!!! Beautiful 50 x 125 building lot that is cleared, filled, and ready to build your dream home or investment property. Close to everything that Carolina Beach has to offer! This property is zoned for a 2 unit condo/townhouse or a single family home with room for a pool with the larger lot.

Last Agent to Sell the Property

Brian Walsh

Coastal Properties License #261357 Listed on: 07/31/2020

Coastal Properties

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Level Lot
  • Cleared Lot

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R09009-013-009-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 50

Utilities

  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Book: 5788
  • Deed Page: 2708.00
  • Lot Dimensions: 50x125
  • Lot Sq Ft: 6098.00
  • Plat Book: .
  • Plat Page: .
  • Zoning: R-1
  • Acres: 0.14
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1500000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level

Tax Info

  • Tax Identifier: R09009-013-009-000
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Flying Monkeys Llp
Bought by
Meza Alan
Current Estimated Value
$541,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$359,309
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,791

Purchase Details

Closed on
May 3, 2021
Sold by
Flying Monkeys Llp
Bought by
Strickland Mark Stephen and Strickland Michelle Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$359,309
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,791

Purchase Details

Closed on
Apr 26, 2021
Sold by
Flying Monkeys Llp
Bought by
505 Spartamburg Ave Townhomes Owners Ass

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Outstanding Balance
$359,309
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,791

Purchase Details

Closed on
Feb 22, 2021
Sold by
Turtle Bay Llc
Bought by
Cerniglia James and Flying Monkeys Llp

Purchase Details

Listed on
Jul 31, 2020
Closed on
Nov 16, 2020
Sold by
Walsh Brian C and Cardwell Lauren A
Bought by
Turtle Bay Llc
Seller's Agent
Brian Walsh
Coastal Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$215,000
Sold Price
$192,500
Premium/Discount to List
-$22,500
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.08%

Purchase Details

Closed on
Jan 25, 2016
Sold by
Walsh Kevin M and Walsh Barbara
Bought by
Walsh Brian C

Purchase Details

Listed on
Feb 7, 2014
Closed on
Aug 22, 2014
Sold by
Branch Banking And Trust Co
Bought by
Walsh Kevin M
Seller's Agent
Shawndy Linquist
Prudential Burroughs & Chapin Realty, Inc
Buyer's Agent
Brian Walsh
Wilkinson & Associates
List Price
$79,500
Sold Price
$57,000
Premium/Discount to List
-$22,500
-28.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.66%

Purchase Details

Closed on
Dec 5, 2013
Sold by
Cape Fear Hurricane Shutters Llc
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
Apr 1, 2005
Sold by
Shotwell Henry L
Bought by
Cape Fear Hurricane Shutters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.57%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2005
Sold by
Shotwell Juanita A
Bought by
Shotwell Henry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.57%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2002
Sold by
Shotwell Henry L Juanita
Bought by
Shotwell Henry L Juanita A

Purchase Details

Closed on
May 27, 1998
Sold by
Stamm Kris Katrinka
Bought by
Shotwell Henry L Juanita

Purchase Details

Closed on
Aug 31, 1994
Sold by
Gail W Fox Revocable Trust
Bought by
Stamm Kris Katrinka

Purchase Details

Closed on
Jan 11, 1989
Sold by
Spando Lavan Brandon
Bought by
Fox Gail W

Purchase Details

Closed on
Aug 1, 1983
Bought by
Spando Lavan Brandon Alexan
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Meza Alan $495,000 None Available
Strickland Mark Stephen $500,000 None Available
Strickland Mark Stephen $500,000 None Listed On Document
505 Spartamburg Ave Townhomes Owners Ass -- None Available
Cerniglia James -- None Available
Turtle Bay Llc $192,500 None Available
Walsh Brian C -- None Available
Walsh Kevin M $114,000 None Available
Branch Banking & Trust Co $90,000 None Available
Cape Fear Hurricane Shutters Llc $375,000 Bb&T
Shotwell Henry L -- None Available
Shotwell Henry L Juanita A -- --
Shotwell Henry L Juanita $97,500 --
Stamm Kris Katrinka $68,500 --
Fox Gail W $35,000 --
Spando Lavan Brandon Alexan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meza Alan $396,000
Previous Owner Cape Fear Hurricane Shutters Llc $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $192,500 -10.5% --
10/08/2020 10/08/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $215,000 +277.2% --
08/25/2014 08/25/14 Sold $57,000 -28.3% --
08/07/2014 08/07/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $79,500 -- --
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
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $1,281 $0 $0 $0
2021 $1,281 $185,600 $185,600 $0
2020 $584 $73,000 $73,000 $0
2019 $584 $73,000 $73,000 $0
2018 $569 $73,000 $73,000 $0
2017 $580 $73,000 $73,000 $0
2016 $496 $57,800 $57,800 $0
2015 $468 $57,800 $57,800 $0
2014 -- $57,800 $57,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100229674

Hive MLS

APN: R09009-013-009-000