NOT LISTED FOR SALE

508 Cape Fear Blvd Carolina Beach, NC 28428

Estimated Value: $468,984 - $554,000

0.25 Acre
$2,040,984 Price per Acre
10,890 Sq Ft Lot

Last Sold February 09, 2012

Last sale price $42,000

Est. 1,137% increase in value since last sale

Current estimated payment $3,391/month

13 Days on Market

About This Lot

As of February 2012

Building lot in Carolina Beach near the heart of town. Property is sold AS IS with No Warranties Expressed or Implied. All offers must include Proof of Funds (if cash offer) or Pre-Approval (if financing). No Occupancy is allowed prior to recording, and No Inspections are allowed until contract is signed by seller. Earnest money deposits are to be made to the listing company. Accepted offers will require additional addenda.

Last Agent to Sell the Property

Patty Edney

Boardwalk Properties License #227728 Listed on: 01/06/2012

Last Buyer's Agent

Margaret Young

Coldwell Banker Sea Coast Advantage-CB License #117132

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50 x 125
  • Property is zoned R-10

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Book: 2922
  • Deed Page: 1313.00
  • Lot Dimensions: 50 x 125
  • Lot Number: 15
  • Lot Sq Ft: 10890.00
  • Zoning: R-10
  • Acres: 0.25
  • Flood Zone: No
  • List Price per Acre: 168000.00
  • Lot Number2: 15

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
Feb 7, 2012
Sold by
Suntrust Bank
Bought by
Poovey Cynthia W
Seller's Agent
Patty Edney
Boardwalk Properties
Buyer's Agent
Margaret Young
Coldwell Banker Sea Coast Advantage-CB
List Price
$42,000
Sold Price
$42,000
Current Estimated Value
$519,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,738
Avg. Annual Appreciation
20.58%

Purchase Details

Closed on
Feb 23, 2011
Sold by
Tibbitts Beverly E and Tibbitts Jeffery P
Bought by
Suntrust Bank

Purchase Details

Closed on
May 7, 2001
Sold by
Buckner Herbert H Jr Ethel M
Bought by
Buckner Ritchie W Beverly R

Purchase Details

Closed on
Mar 2, 1994
Sold by
Hardison Joyce A Albert
Bought by
Buckner Herbert H Jr Ethel M

Purchase Details

Closed on
Aug 26, 1993
Sold by
Adams Ruth W
Bought by
Adams Ruth W Hrs

Purchase Details

Closed on
Jan 1, 1940
Bought by
Adams Ruth W
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
Poovey Cynthia W $42,000 None Available
Suntrust Bank $140,250 None Available
Buckner Ritchie W Beverly R -- --
Buckner Herbert H Jr Ethel M $85,000 --
Adams Ruth W Hrs -- --
Adams Ruth W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2012 02/09/12 Sold $42,000 0.0% --
01/19/2012 01/19/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $42,000 -- --
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 -- $307,800 $192,500 $115,300
2022 $0 $307,800 $192,500 $115,300
2021 $0 $307,800 $192,500 $115,300
2020 $1,380 $172,500 $72,800 $99,700
2019 $1,380 $172,500 $72,800 $99,700
2018 $0 $172,500 $72,800 $99,700
2017 $1,371 $172,500 $72,800 $99,700
2016 $1,353 $157,700 $78,000 $79,700
2015 $1,276 $157,700 $78,000 $79,700
2014 $1,244 $157,700 $78,000 $79,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30471380

Hive MLS

APN: R09006-016-003-000