NOT LISTED FOR SALE

515 Cape Fear Blvd Carolina Beach, NC 28428

Estimated Value: $1,220,000 - $1,469,469

5 Beds
4.5 Baths
4,663 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $718,000 $154 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,709/month

1,167 Days on Market

Highlights

  • 1.14 Acre Lot
  • Vaulted Ceiling
  • Attic
  • Carolina Beach Elementary School Rated A-
  • Whirlpool Bathtub
  • Corner Lot

About This Home

As of September 2019

CASUAL ELEGANCE awaits you in this luxurious custom built home on 1.14 Acres in the Heart of Carolina Beach. Designed by award-winning Frank Betz, Architect, and built by Ernest Batson in 1998. NEW 4 HVAC Units 6/2016. The 2-story Foyer with dramatic Stairway welcomes you to the elegant Living Rm & Dining Rm. Huge Family Room (with 2-story ceiling) has rear wall of windows & large brick fireplace. Kitchen with island is open to the Breakfast Room & Family Room. Main floor also features a guest room with private bath and 13'x23' office/game room. ELEVATOR goes to 2nd floor & 3rd floor spacious attic. New Owner might be able to create a buildable lot on Charlotte Ave side of property.

Last Agent to Sell the Property

Margaret Young

Coldwell Banker Sea Coast Advantage-CB License #117132 Listed on: 05/27/2016

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Greg Barber

RE/MAX Essential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1998

Lot Details

  • 1.14 Acre Lot
  • Lot Dimensions are 200'x250'x199'x250'
  • Corner Lot
  • Sprinkler System
  • Property is zoned R-3

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 4,663 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Crawl Space
  • Attic Floors
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 4 Attached Carport Spaces
  • Circular Driveway

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R09005-008-001-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,313

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Approach with Ramp, Elevator, Accessible Doors
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: Blinds/Shades, Security System, Whirlpool, Wet Bar, Wash/Dry Connect, Walk-in Shower, Sprinkler System, Pantry, Gas Logs, Elevator, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 176.92
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 12
  • Bedroom 1 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Office Level: First
  • Other Level: Second
  • Sq Ft Heated: 4663.00
  • Total Heated Primary Separate Sq Ft: 4663.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 4.00
  • Attached Garage Spaces: 2.00
  • Total Carport Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Circular, On Site, Paved

Utilities

  • Appliances Equipment: Central Vac, Dishwasher, Water Softener, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer, Disposal, Cooktop - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • 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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1761.00
  • Lot Acres: 1.14
  • Lot Description: Corner Lot
  • Lot Dimensions: 200'x250'x199'x250'
  • Lot Sq Ft: 49875.00
  • Zoning: R-3

Tax Info

  • Tax Identifier: R09005-008-001-000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2020
Sold by
Richard Wallace Builder Inc
Bought by
Adams Jimmy Wayne and Adams Virginia Shoaf
Current Estimated Value
$1,365,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$525,907
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$839,210

Purchase Details

Closed on
Aug 19, 1992
Sold by
Foushee Iii L M
Bought by
Foushee Isabell L Trustee

Purchase Details

Closed on
Jun 9, 1954
Sold by
Lewis Cliff D Nellie D
Bought by
Foushee L Merritt Iii Isabell L
Source: Public Records

Range of Values:

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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
Adams Jimmy Wayne $782,000 None Available
Foushee Isabell L Trustee -- --
Foushee L Merritt Iii Isabell L $3,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Jimmy Wayne $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2019 09/26/19 Sold $718,000 -50.5% $154 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
05/27/2016 05/27/16 For Sale $1,450,000 -- $311 / 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 $5,313 $775,600 $280,000 $495,600
2023 $5,313 $775,600 $280,000 $495,600
2022 $5,197 $775,600 $280,000 $495,600
2021 $0 $744,200 $280,000 $464,200
2020 $932 $116,500 $116,500 $0
2019 $7,635 $954,400 $407,700 $546,700
2018 $7,444 $954,400 $407,700 $546,700
2017 $7,587 $954,400 $407,700 $546,700
2016 $8,275 $964,400 $436,800 $527,600
2015 $7,802 $964,400 $436,800 $527,600
2014 $7,609 $964,400 $436,800 $527,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100014369

Hive MLS

APN: R09005-008-001-000