NOT LISTED FOR SALE

514 Kure Village Way Kure Beach, NC 28449

Estimated Value: $916,000 - $1,182,000

3 Beds
3.5 Baths
2,434 Sq Ft
$431/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $955,000 $392 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,754/month

11 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Ocean View
  • Main Floor Primary Bedroom

About This Home

As of April 2023

Welcome to your dream beach home at 514 Kure Village Way! This stunning 3-bedroom, 3 and 1/2-bathroom home is just a short walk to the stunning sandy beaches of Kure Beach, yet outside the flood zone and convenient to the local restaurants, shopping, and entertainment. As you step inside, you'll be greeted by a bright and airy open concept living space with large windows that fill the room with natural light, plantation shutters, built in cabinets along the hallway, book shelves on both sides of the beautiful gas log fireplace, and spectacular hardwood floors. The kitchen features a gas stove, granite countertops, tile backsplash, undermount lighting, pantry and plenty storage space. The primary bedroom boasts a large walk-in closet and a private en-suite bathroom, and luxurious tile shower with built in seat. The two additional bedrooms on the main level are spacious and bright and share a full bathroom between. The ground floor is over 800 sqft additional living quarters, accessible by separate entrance or interior stairs, with a kitchenette, full bath, walk-in storage closet and a murphy-bed. The upstairs and the downstairs have two separate reverse osmosis water filtration systems. Relax and unwind on the spacious covered front porch with OCEAN views or the screened all season back porch, both with outdoor fans. The home has covered parking and plenty of room for outdoor entertaining. Located in the highly sought-after Kure Estates community with deeded beach access with parking, beach bathhouse, and a community pool. This amazing home would be perfect as a primary residence, a secondary residence or a weekly short term vacation rental (renters do not have use of the pool). Don't miss out on this opportunity to own a gorgeous beach home that has it all!

Last Agent to Sell the Property

April Williams

Intracoastal Realty Corp License #199113 Listed on: 02/16/2023

Intracoastal Realty Corp

Last Buyer's Agent

John Theodorakis

Intracoastal Realty Corp License #289057

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 2013

Lot Details

  • 2,434 Sq Ft Lot
  • Vinyl Fence
  • Property is zoned RA-1A

HOA Fees

  • $36 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,434 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar Fridge
  • Gas Log Fireplace
  • Double Pane Windows
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Scuttle Attic Hole

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Studio bedroom
  • Bedroom Suite
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Additional Parking
  • Golf Cart Parking

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Covered Patio or Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Water Softener
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number R09200-001-222-000

Community Details

Overview

  • Kure Estates Subdivision
  • Maintained Community

Recreation

  • Community Beach Access
  • Beach
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,149

Year Built

Built in 2013

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Scuttle
  • Basement: Outside Entrance
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Apt/Suite, Blinds/Shades, Gas Logs, In-Law Quarters, Wet Bar
  • List Price per Sq Ft: 400.58
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 2434.00
  • Total Heated Primary Separate Sq Ft: 2434.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Shutters - Functional
  • Exterior Finish: Fiber Cement
  • Fencing: Partial, Vinyl
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Patio, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: Golf Cart Parking
  • Parking Driveway: Additional Parking, Concrete
  • Garage and Parking Under House: 4

Utilities

  • Appliances Equipment: Bar Refrigerator, Dishwasher, Disposal, Dryer, Microwave - Built-In, Stove/Oven - Gas, Washer, Water Softener
  • Cooling System: Central, Heat Pump, Zoned
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Beach Access, Beach Rights, Community Pool, Maint - Comm Areas
  • HOAAssociationFee1Year: 435.00

Lot Info

  • Deed Book: 6410
  • Deed Page: 884.00
  • Lot Acres: 0.12
  • Lot Dimensions: 50 X 100 see attached survey
  • Lot Number: 50
  • Lot Sq Ft: 2434.00
  • Lot Water Features: Deeded Beach Access, Deeded Waterfront, Water Access Comm
  • Plat Book: 40
  • Plat Page: 73
  • Zoning: RA-1A
  • Lot View Type: Ocean View, See Remarks, Water View

Tax Info

  • Tax Identifier: R09200-001-222-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 4148.92

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 17, 2023
Sold by
Prechtel Mark and Prechtel Lisa
Bought by
Keretsis Alexandria J
Seller's Agent
April Williams
Intracoastal Realty Corp
Buyer's Agent
John Theodorakis
Intracoastal Realty Corp
List Price
$975,000
Sold Price
$955,000
Premium/Discount to List
-$20,000
-2.05%
Views
60
Current Estimated Value
$1,049,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,120
Avg. Annual Appreciation
3.89%
Original Mortgage
$600,000
Outstanding Balance
$582,452
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$466,668

Purchase Details

Closed on
Feb 2, 2021
Sold by
Prechtel Lisa and Arlene Orna Revocable Living T
Bought by
Prechtel Mark and Prechtel Lisa

Purchase Details

Closed on
Mar 30, 2015
Sold by
Prechtel Mark and Prechtel Lisa
Bought by
Orna Arlene

Purchase Details

Closed on
Dec 19, 2012
Sold by
Clementree Inc
Bought by
Prechtel Mark and Prechtel Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,600
Interest Rate
3.35%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2000
Sold by
Hearne Joseph C Nancy K
Bought by
Clementree Inc
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
Keretsis Alexandria J $955,000 --
Keretsis Alexandria J $955,000 None Listed On Document
Prechtel Mark -- None Available
Prechtel Mark -- None Listed On Document
Orna Arlene $425,000 None Available
Prechtel Mark $150,000 None Available
Clementree Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keretsis Alexandria J $600,000
Closed Keretsis Alexandria J $600,000
Previous Owner Prechtel Mark $402,559
Previous Owner Orna Arlene $300,000
Previous Owner Prechtel Mark $100,000
Previous Owner Prechtel Mark $355,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $955,000 -2.1% $392 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $975,000 -- $401 / 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
2024 $2,130 $575,600 $158,600 $417,000
2023 $2,130 $575,600 $158,600 $417,000
2022 $4,149 $575,600 $158,600 $417,000
2021 $4,264 $575,600 $158,600 $417,000
2020 $4,135 $462,000 $108,400 $353,600
2019 $4,135 $462,000 $108,400 $353,600
2018 $4,089 $462,000 $108,400 $353,600
2017 $3,950 $462,000 $108,400 $353,600
2016 $4,434 $488,300 $144,300 $344,000
2015 $4,080 $488,300 $144,300 $344,000
2014 $4,206 $515,700 $144,300 $371,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100369777

Hive MLS

APN: R09200-001-222-000