NOT LISTED FOR SALE

506 Raleigh Ave Carolina Beach, NC 28428

Estimated Value: $432,161 - $540,000

1 Bed
1.5 Baths
630 Sq Ft
$765/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $128,000 $203 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $2,766/month

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • 1-Story Property
  • Carolina Beach Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of September 2016

This single family home has been beautifully renovated, new flooring, paint and it is gorgeous. Home has open eat in kitchen and living area with an additional living room, must see. Home has 1 bedroom, 1.5 baths and washer/dryer. You have a covered carport for your car and open back yard. You will have to cut grass but you are in Carolina Beach.

Last Agent to Rent the Property

David Dougherty

DDH Realty, LLC License #259362 Listed on: 08/05/2016

Last Renter's Agent

David Dougherty

DDH Realty, LLC License #259362 Listed on: 08/05/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1980

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 630 Sq Ft Home
  • 1-Story Property
  • Stove
  • Dryer

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, cooling, deposit, electricity, heating, lawn maint, water
  • No Smoking Allowed
  • 12 Month Lease Term
  • $50 Application Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,727

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Pets: Yes
  • Owner Pays: None
  • Lease Rate: 1050.00
  • Lease Terms: 1 Year Lease, More than 1 Year
  • Tenant Pays: Cable TV, Cooling, Deposit, Electricity, Heating, Lawn Maint, Water
  • Authority To Lease: Yes
  • Leased Price Sq Ft: 1.51
  • Lease Price per Sq Ft: 1.51
  • Pet Deposit: No
  • Pet Fees: Yes
  • Security Deposit: Yes
  • Smoking: No

Listing Details

  • Property Type: D
  • Sub Type: Single Family Residence
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 1
  • Number Rooms: 1
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 630.00
  • Heated and Separate Living Space Sq Ft: 630.00

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Carport

Utilities

  • Appliances Equipment: Dryer, Refrigerator, Stove/Oven - Electric
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Condo/Co-op/Association

  • Application Fee: 50.00

Schools

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

Lot Info

  • Lot Acres: 0.14
  • Lot Sq Ft: 6098.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2016
Closed on
May 5, 2016
Sold by
Stevenson Samuel H and Stevenson Mary
Bought by
Kane William T and Kane Kristie Paige
Seller's Agent
Stephanie Manke
BlueCoast Realty Corporation
Buyer's Agent
William Kane
Blue Coast Realty Corporation
List Price
$140,000
Sold Price
$128,000
Premium/Discount to List
-$12,000
-8.57%
Current Estimated Value
$482,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,040
Avg. Annual Appreciation
15.31%
Original Mortgage
$102,400
Outstanding Balance
$82,087
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$399,953

Purchase Details

Closed on
Sep 10, 2004
Sold by
Gordon Scott O
Bought by
Stevenson Samuel H Mary

Purchase Details

Closed on
Apr 2, 2004
Sold by
Frazier Perry Ann
Bought by
Gordon Scott O

Purchase Details

Closed on
Nov 27, 2000
Sold by
Whitaker Rose M
Bought by
Frazier Randall S

Purchase Details

Closed on
Oct 3, 1990
Sold by
Frazier Perry A Rose Whitaker
Bought by
Whitaker Rose M Life Est

Purchase Details

Closed on
Aug 9, 1990
Sold by
Frazier Louis D
Bought by
Frazier Perry Ann

Purchase Details

Closed on
Jul 1, 1986
Sold by
Conklin Robert A
Bought by
Frazier L D Perry

Purchase Details

Closed on
Jul 1, 1984
Sold by
Walker M W
Bought by
Conklin Robert A

Purchase Details

Closed on
Oct 1, 1983
Sold by
Keplinger James M
Bought by
Walker M W

Purchase Details

Closed on
Sep 1, 1983
Sold by
Keplinger James M
Bought by
Keplinger James M

Purchase Details

Closed on
Apr 1, 1980
Bought by
Keplinger James M
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
Kane William T $128,000 None Available
Stevenson Samuel H Mary $150,000 --
Gordon Scott O $95,000 --
Frazier Randall S -- --
Whitaker Rose M Life Est -- --
Frazier Perry Ann -- --
Frazier L D Perry $39,000 --
Conklin Robert A $33,500 --
Walker M W $28,500 --
Keplinger James M -- --
Keplinger James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane William T $102,400
Previous Owner Stevenson Mary K $112,504
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Rented $950 -13.6% --
08/05/2016 08/05/16 For Rent $1,100 0.0% --
05/10/2016 05/10/16 Sold $128,000 -8.6% $199 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $140,000 -- $218 / 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 $1,727 $252,100 $192,400 $59,700
2022 $1,689 $252,100 $192,400 $59,700
2021 $1,740 $252,100 $192,400 $59,700
2020 $1,043 $130,400 $72,800 $57,600
2019 $1,043 $130,400 $72,800 $57,600
2018 $1,017 $130,400 $72,800 $57,600
2017 $1,037 $130,400 $72,800 $57,600
2016 $946 $110,300 $78,000 $32,300
2015 $892 $110,300 $78,000 $32,300
2014 $870 $110,300 $78,000 $32,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100024413

Hive MLS

APN: R09006-015-004-000