$650,000
SOLD FEB 28, 2025

516 N 5th Ave Kure Beach, NC 28449

3 Beds
2 Baths
1,901 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$342 Per Sq Ft

12% Below List Price

199 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Solid Surface Countertops
  • Carolina Beach Elementary School Rated A-
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of February 2025

Welcome to the beach! This brick home is all about year round beach living. Enjoy the outdoors during the summer season in the screened porch or curl up beside the fireplace during the winter and enjoy the sunshine through out the year in your sun room. A open floor plan makes beach living easy, with hardwood floors in the living and dining room . The beach is only 4 blocks away, and allows for an easy walk to the beach access and nearby restaurants.. After a day at the beach come home and enjoy the community pool and club house or play a few sets of tennis on the communities Tennis courts. The seller is going to have the crawlspace encapsulated with a moisture barrier, along with new insulation and a dehumidifier, work should be completed by late August.

Last Agent to Sell the Property

Paul Martinez

Berkshire Hathaway HomeServices Carolina Premier Properties License #193446 Listed on: 05/28/2024

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Chris Fischer

BlueCoast Realty Corporation License #246758

BlueCoast Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1998

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60x107x60x103
  • Sprinkler System
  • Property is zoned RA-2

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Family Room
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • Community Sewer or Septic

Community Details

  • Beachwalk HOA
  • Beachwalk Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number R09200-001-025-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1998

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1998
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Scuttle
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Sprinkler System, Solid Surface, Ceiling - Vaulted, 9Ft+ Ceilings
  • List Price per Sq Ft: 360.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Family Room Level: First
  • Laundry Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1901.00
  • Total Heated Primary Separate Sq Ft: 1901.00

Exterior Features

  • Exterior Finish: Brick, Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: See Remarks
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Garage Faces Front

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Community Sewer, Municipal Sewer, Municipal Water, Community Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, See Remarks
  • HOAAssociationFee1Year: 1924.00
  • HOAAssociationName: Beachwalk HOA
  • HOAAssociationPhone: 910-798-31

Lot Info

  • Deed Page: 1787.00
  • Lot Acres: 0.15
  • Lot Dimensions: 60X107X60X103
  • Lot Number: 22
  • Lot Sq Ft: 6534.00
  • Plat Book: 26
  • Plat Page: 285
  • Zoning: RA-2

Tax Info

  • Tax Identifier: R09200-001-025-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2969.85

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Feb 26, 2025
Sold by
Cannon Hugh Leonard and Slugg Laurie Cannon
Bought by
Beck Kevin Paul and Beck Lynn Wood
Seller's Agent
Paul Martinez
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Chris Fischer
BlueCoast Realty Corporation
List Price
$739,900
Sold Price
$650,000
Premium/Discount to List
-$89,900
-12.15%
Total Days on Market
199
Views
219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$360,000
Outstanding Balance
$359,707
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$305,315

Purchase Details

Closed on
Feb 16, 2024
Sold by
Slugg Laurie S and Cannon Torin S
Bought by
Cannon Hugh Leonard

Purchase Details

Closed on
Dec 5, 2011
Sold by
Cannon Hugh L
Bought by
Cannon Hugh L and Slugg Laurie S

Purchase Details

Closed on
Nov 3, 2011
Sold by
Cannon Hugh L
Bought by
Cannon Hugh L and Slugg Laurie S

Purchase Details

Closed on
Jul 11, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Cannon Hugh Leonard

Purchase Details

Closed on
Mar 8, 2011
Sold by
Yaccarmo Frank P and Yaccarno Saverin
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 20, 2004
Sold by
Eavey R Richard Carolyn E
Bought by
Yaccarino Frank P

Purchase Details

Closed on
Apr 30, 1999
Sold by
David Greer Construction Inc
Bought by
Eavey R Richard Carolyn E

Purchase Details

Closed on
Jun 25, 1998
Sold by
Wiebe Richard H Jr Jacquelyn Y
Bought by
David Greer Construction Inc

Purchase Details

Closed on
May 4, 1998
Sold by
Beachwalk Development Inc
Bought by
Wiebe Richard H Jr Jacquelyn Y

Purchase Details

Closed on
May 31, 1996
Sold by
Obhues Paul Dorothea
Bought by
Beachwalk Development Inc
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $650,000 Chicago Title
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed $245,000 None Available
Trustee Deed $476,619 None Available
Deed $323,000 --
Deed $190,000 --
Deed $59,500 --
Deed $59,500 --
Deed $930,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $400,000 Unknown
Previous Owner $330,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $650,000 -5.1% $342 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $685,000 -5.5% $360 / Sq Ft
07/13/2024 07/13/24 Price Changed $724,900 -2.0% $381 / Sq Ft
05/28/2024 05/28/24 For Sale $739,900 -- $389 / 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 $3,070 $414,900 $152,300 $262,600
2023 $0 $414,900 $152,300 $262,600
2022 $0 $414,900 $152,300 $262,600
2021 $2,971 $414,900 $152,300 $262,600
2020 $2,971 $331,900 $104,000 $227,900
2019 $2,971 $331,900 $104,000 $227,900
2018 $0 $331,900 $104,000 $227,900
2017 $2,838 $331,900 $104,000 $227,900
2016 $2,759 $303,900 $133,900 $170,000
2015 $2,539 $303,900 $133,900 $170,000
2014 $2,478 $303,900 $133,900 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100447127

Hive MLS

APN: R09200-001-025-000