NOT LISTED FOR SALE

514 N Fort Fisher Blvd Kure Beach, NC 28449

Estimated Value: $2,671,000 - $3,228,775

7 Beds
5 Baths
4,299 Sq Ft
$707/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $2,000,000 $465 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $17,081/month

1 Day on Market

Highlights

  • Ocean Front
  • Spa
  • Clubhouse
  • Carolina Beach Elementary School Rated A-
  • Ocean Side of Freeway
  • Deck

About This Home

As of October 2021

Everything you desire for an extraordinary lifestyle living on the ocean front in one of the most popular locations in Kure Beach. The SeaWatch Community is full of bright happy coastal colored homes and this one is a Crown Jewel for its beauty and architectural design. The floor plan meets all that is desired to achieve the highest income as a vacation rental without limiting all the additional separate living spaces desired for personal use. Beyond the 7 bedrooms including 2 ocean front masters, enjoy your beach home with family and friends relaxing together and carving out some time for privacy. Everyone will be drawn to the expansive ocean views on the main living area which enhance the large open space shared between the family room, gourmet kitchen and dining area. A second large living room on this level is presently used as a game room with a pool table, TV and auxiliary styled mini kitchen with 2 wine fridges, full size fridge, beer tap, sink and cabinetry. Enjoy some ping pong in one of the garages presently set up as an additional recreational area. Grill on the oceanside deck while lounging by the pool and watching the waves roll in. There is a more secluded area for oohs and ahs for the large outdoor hot tub. All of these areas can be filled with music with the Sonos speaker system and easily accessed between the 3 living levels with an elevator. The SeaWatch community provides amenities for your use as a member homeowner including a pool, playground, tennis, clubhouse and private beach access Tiki Bar for a nominal annual HOA fee.

Last Agent to Sell the Property

Julie Damron

BlueCoast Realty Corporation Listed on: 03/16/2021

Co-Listed By

Jeffrey Humphrey

BlueCoast Realty Corporation License #255075

Last Buyer's Agent

Jessica Keenan

Nest Realty License #226854

Nest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,548

Year Built

  • Built in 2005

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 175 x 65 x 175
  • Ocean Front
  • Wood Fence
  • Property is zoned B-4

HOA Fees

  • $100 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,299 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Shutters
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Spa
  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Water Softener
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R09200001127000

Community Details

Overview

  • Seawatch Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,548

Year Built

Built in 2005

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Intercom/Music, Hot Tub, Gas Logs, Foyer, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 465.22
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 7
  • Number Rooms: 7
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bedroom 5 Level: First
  • Bedroom 6 Level: Second
  • Bedroom 7 Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 4299.00
  • Total Heated Primary Separate Sq Ft: 4299.00

Exterior Features

  • Exterior Features: Gas Logs, Outdoor Shower, Shutters - Functional
  • Exterior Finish: Wood Siding
  • Fencing: Wood
  • Foundation: Pilings
  • On Site Pool Spa: Above Ground
  • Porch Balcony Deck: Balcony, Patio, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Convection Oven, Refrigerator, Water Softener, Washer, Vent Hood, Microwave - Built-In, Ice Maker, Dryer, Dishwasher, Cooktop - Gas
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Picnic Area, Tennis Court(s), Playground, Community Pool
  • HOAAssociationFee1Year: 1200.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2478.00
  • Lot Acres: 0.20
  • Lot Dimensions: 50 x 175 x 65 x 175
  • Lot Sq Ft: 8712.00
  • Lot Water Features: Ocean Side
  • Plat Book: 39
  • Plat Page: 289
  • Zoning: B-4
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R09200001127000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 9995.98

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Aug 25, 2021
Sold by
Kures Seacret Llc
Bought by
Reed Scott D
Seller's Agent
Julie Damron
BlueCoast Realty Corporation
Buyer's Agent
Jessica Keenan
Nest Realty
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
$3,038,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,038,444
Avg. Annual Appreciation
10.88%
Original Mortgage
$1,300,000
Outstanding Balance
$1,180,322
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,858,122

Purchase Details

Closed on
Apr 25, 2018
Sold by
Feldman Paul J and Anderews Feldman Jeaneen H
Bought by
Kure S Seacret Llc

Purchase Details

Listed on
Aug 15, 2016
Closed on
Aug 12, 2016
Sold by
Windsor Crest Properties Inc
Bought by
Feldman Paul J and Andrews Feldman Jeaneen H
Seller's Agent
Teresa Clontz
Blue Water Realty
Buyer's Agent
Tina Abraham
Keller Williams Innovate-Wilmington
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$1,240,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2014
Sold by
Right Force Inc
Bought by
Windsor Crest Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2011
Sold by
Dumont William J and Dumont Barbara J
Bought by
Right Force Inc

Purchase Details

Closed on
Apr 7, 2005
Sold by
Center 122 Llc
Bought by
Dumont William J and Dumont Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,389,850
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 19, 2004
Sold by
Beford Constance L Mark A
Bought by
Center 122 Llc

Purchase Details

Closed on
Nov 8, 2002
Sold by
Beford Mark A
Bought by
Beford Constance L Gannon

Purchase Details

Closed on
Jun 5, 2002
Sold by
Sea Watch Llc
Bought by
Beford Mark A

Purchase Details

Closed on
Jul 8, 1999
Sold by
Inco United States Inc
Bought by
Sea Watch Llc
Source: Public Records

Range of Values:

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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
Reed Scott D $2,000,000 None Available
Kure S Seacret Llc -- None Available
Feldman Paul J $1,550,000 None Available
Windsor Crest Properties Inc -- None Available
Right Force Inc -- None Available
Dumont William J $1,066,000 None Available
Center 122 Llc $1,050,000 --
Beford Constance L Gannon -- --
Beford Mark A $330,000 --
Sea Watch Llc $4,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Scott D $1,300,000
Previous Owner Feldman Paul J $1,240,000
Previous Owner Windsor Crest Properties Inc $960,000
Previous Owner Dumont William J $1,389,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2021 10/08/21 Sold $2,000,000 0.0% $465 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $2,000,000 +29.0% $465 / Sq Ft
08/15/2016 08/15/16 Sold $1,550,000 0.0% $502 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $1,550,000 -- $502 / 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
2025 $12,548 $2,180,900 $1,259,300 $921,600
2023 $12,548 $1,695,700 $961,400 $734,300
2022 $12,223 $1,695,700 $961,400 $734,300
2021 $9,421 $1,695,700 $961,400 $734,300
2020 $9,658 $1,079,100 $472,300 $606,800
2019 $9,658 $1,079,100 $472,300 $606,800
2018 $0 $1,079,100 $472,300 $606,800
2017 $9,236 $1,080,200 $472,300 $607,900
2016 $9,683 $1,066,400 $547,800 $518,600
2015 $8,910 $1,066,400 $547,800 $518,600
2014 $8,697 $1,066,400 $547,800 $518,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julie Damron

    BlueCoast Realty Corporation

  • Jeffrey Humphrey

    Seller Co-Listing Agent in 2021

    Jeffrey Humphrey

    BlueCoast Realty Corporation

    (910) 509-0234

    3 in this area

    57 Total Sales

    Jeffrey Humphrey
    Section Image
  • Jessica Keenan

    Buyer's Agent in 2021

    Jessica Keenan

    Nest Realty

    (910) 368-1507

    13 in this area

    145 Total Sales

    Jessica Keenan
    Section Image

  • T

    Seller's Agent in 2016

    Teresa Clontz

    Blue Water Realty

  • T

    Buyer's Agent in 2016

    Tina Abraham

    Keller Williams Innovate-Wilmington

See All Agents

Map

Source: Hive MLS

MLS Number: 100261693

Hive MLS

APN: R09200-001-127-000

North Carolina New Hanover County Kure Beach 28428

514 N Fort Fisher Blvd, Kure Beach, NC

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