NOT LISTED FOR SALE

508 Carolina Beach Ave N Unit 3B Carolina Beach, NC 28428

Estimated Value: $624,000 - $638,000

3 Beds
2 Baths
1,093 Sq Ft
$550/mo HOA Fee

Last Sold October 07, 2020

Last sale price $394,000 $360 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,261/month

2 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Furnished
  • Carolina Beach Elementary School Rated A-
  • Ocean Side of Freeway
  • Formal Dining Room

About This Home

As of October 2020

Soak in the views from this 3rd floor, oceanfront, beach beauty! This condo comes tastefully furnished all the way down to the linens - no need to purchase a thing! Winds V is an Extremely well maintained complex. The building has recently had a series of capital improvements that a new owner will not be burdened with: new roof, the oceanfront decks have all been replaced, and recently stained exterior. HVAC is 2 years old. The oceanfront deck is spacious with plenty of room for dining, entertaining and lounging in the sun. Inside the unit you will find low maintenance tile. The clean, beach cottage feel will surely to charm you. Both the master suite and the living room area open to oceanside deck while the 2 other bedrooms open to street side balconies. Winds V has a beautiful pool, outdoor shower and most importantly, a private beach walkway. Located within the sweet spot of Carolina Beach's most popular rental area - park your car when you arrive with no need to get back in until it's time to go home - it's an easy walk to the boardwalk, shopping, restaurants and bars. The time is right to buy your piece of the beach!

Last Agent to Sell the Property

Lexi Sweetz Pate

Coldwell Banker Sea Coast Advantage-CB Listed on: 08/20/2020

Last Buyer's Agent

Elisa Roels

Cape Fear Realty Group, LLC License #274940

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1985

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,093 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room
  • Formal Dining Room
  • Ocean Views
  • Partial Basement
  • Termite Clearance

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R08819-008-007-010

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Winds V Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,511

Year Built

Built in 1985

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 365.05
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1093.00
  • Total Heated Primary Separate Sq Ft: 1093.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Open, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Roof, Water, Trash, Termite Bond, Taxes, Sewer, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 6600.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1187.00
  • Lot Dimensions: condo
  • Lot Water Features: Ocean Side
  • Zoning: R-1 WB Resident
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R08819-008-007-010
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 3, 2020
Sold by
Coyle Timothy Hugh and Komarek Ronald Joseph
Bought by
K & C Vacation Rentals Llc
Seller's Agent
Lexi Sweetz Pate
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Elisa Roels
Cape Fear Realty Group, LLC
List Price
$399,000
Sold Price
$394,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$634,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,100
Avg. Annual Appreciation
9.91%
Original Mortgage
$295,500
Outstanding Balance
$265,784
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$356,718

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 21, 2020
Sold by
Coyle Timothy Hugh and Coyle Kelly L
Bought by
Coyle Timothy Hugh and Komarek Joseph
Seller's Agent
Lexi Sweetz Pate
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Elisa Roels
Cape Fear Realty Group, LLC
List Price
$399,000
Sold Price
$394,000
Premium/Discount to List
-$5,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,500
Outstanding Balance
$265,784
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$356,718

Purchase Details

Listed on
May 18, 2011
Closed on
Apr 5, 2012
Sold by
Seahawk Development Llc
Bought by
Bemis Karel A and Bemis Theresa L
Seller's Agent
April Congleton
Intracoastal Realty Corp
Buyer's Agent
Lexi Sweetz Pate
Coastwalk Real Estate, LLC
List Price
$339,900
Sold Price
$280,000
Premium/Discount to List
-$59,900
-17.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$252,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Avent Scott E and Avent Alison S
Bought by
Seahawk Development Llc

Purchase Details

Closed on
Aug 25, 1994
Sold by
Harman Howard M Glennette L
Bought by
Avent Scott E

Purchase Details

Closed on
Jul 15, 1991
Sold by
Davantzis Theodore Ritta
Bought by
Harman Howard M Glennette L

Purchase Details

Closed on
Jan 1, 1987
Sold by
Oneill Robert
Bought by
Davantzis Theodore Ritta

Purchase Details

Closed on
May 1, 1984
Bought by
Oneill Robert
Source: Public Records

Range of Values:

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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
K & C Vacation Rentals Llc -- None Available
Coyle Timothy Hugh -- None Available
Bemis Karel A $280,000 None Available
Seahawk Development Llc -- None Available
Avent Scott E $84,000 --
Harman Howard M Glennette L $80,000 --
Davantzis Theodore Ritta $110,000 --
Oneill Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coyle Timothy Hugh $295,500
Previous Owner Bemis Karel A $201,745
Previous Owner Bemis Karel A $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $394,000 -1.3% $360 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $399,000 +42.5% $365 / Sq Ft
04/05/2012 04/05/12 Sold $280,000 -17.6% $248 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
05/18/2011 05/18/11 For Sale $339,900 -- $301 / 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 $2,511 $366,600 $0 $366,600
2022 $2,456 $366,600 $0 $366,600
2021 $2,530 $366,600 $0 $366,600
2020 $2,178 $272,300 $0 $272,300
2019 $2,178 $272,300 $0 $272,300
2018 $0 $272,300 $0 $272,300
2017 $2,165 $272,300 $0 $272,300
2016 $2,175 $253,500 $0 $253,500
2015 $2,051 $253,500 $0 $253,500
2014 $2,000 $253,500 $0 $253,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100232439

Hive MLS

APN: R08819-008-007-010