NOT LISTED FOR SALE

518 Spencer Farlow Dr Unit 8 Carolina Beach, NC 28428

Estimated Value: $824,522 - $895,000

3 Beds
4 Baths
2,799 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $531,000 $190 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,399/month

47 Days on Market

Highlights

  • Waterfront
  • Intracoastal View
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Deck
  • Whirlpool Bathtub

About This Home

As of December 2020

Spacious townhome with amazing views of the ICWW and Snows Cut Bridge! Come see this gorgeous 3 bedroom 4 bath home with views from every porch and deck! Need more space? There's a bonus room/4th bedroom, bath and office area on the lower level with a separate entry. Enter from the foyer and see the spectacular living area. Nice kitchen with oversized granite island, additional cabinets and subway tile. Luxurious master suite with more views from your private sitting area and deck. There's also an elevator and Rain Soft water softener. This home speaks peace and relaxation! Island Walk at Snows Cut is conveniently located near the Carolina Beach State Park, marina, and walking/biking trails. Boat slips are available nearby.

Last Agent to Sell the Property

Kathy Marcinowski

Coldwell Banker Sea Coast Advantage-CB License #135269 Listed on: 09/24/2020

Coldwell Banker Sea Coast Advantage-CB

Co-Listed By

Justin Donaton

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Aimee Freeman

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 2004

Lot Details

  • 871 Sq Ft Lot
  • Irrigation

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,799 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Intracoastal Views
  • Partial Basement
  • Home Security System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient Doors

Listing and Financial Details

  • Assessor Parcel Number R08806-002-014-000

Community Details

Overview

  • Master Insurance
  • Island Walk At Snows Cut Subdivision
  • Maintained Community

Recreation

  • Waterfront

Security

  • Resident Manager or Management On Site
  • Security Lighting

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,890

Year Built

Built in 2004

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • 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: 2004
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Laminate, Wood, Tile
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 9Ft+ Ceilings, Security System, Whirlpool, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Gas Logs, Foyer, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 196.14
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Number Rooms: 10
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Upper
  • Bonus Room Level: Ground
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Upper
  • Living Room Level: Main
  • Primary Bedroom Level: Upper
  • Office Level: Ground
  • Other Level: Upper
  • Sq Ft Heated: 2799.00
  • Total Heated Primary Separate Sq Ft: 2799.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Doors, Security Lighting
  • Exterior Finish: Composition
  • Fencing: Partial
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio, Screened, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Water Softener, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Street Lights, Master Insure, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 5400.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 344.00
  • Lot Acres: 0.02
  • Lot Sq Ft: 871.00
  • Lot Water Features: Waterfront Comm
  • Zoning: R-1
  • Lot View Type: ICW View, Water View

Tax Info

  • Tax Identifier: R08806-002-014-000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2889.60

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 8, 2020
Sold by
Stallings Sandra Shaw and Stallings Albert Conrad
Bought by
Harris Thomas Woodard and Buchanan Barbara Ann
Seller's Agent
Kathy Marcinowski
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Aimee Freeman
Keller Williams Realty
List Price
$555,000
Sold Price
$531,000
Premium/Discount to List
-$24,000
-4.32%
Current Estimated Value
$850,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,881
Avg. Annual Appreciation
10.84%
Original Mortgage
$385,000
Outstanding Balance
$347,253
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$514,197

Purchase Details

Closed on
Aug 8, 2008
Sold by
Stallings Albert C and Stallings Sandra S
Bought by
Stallings Albert Conrad and Stallings Sandra Shaw

Purchase Details

Closed on
Jul 2, 2004
Sold by
Bennett Jr Hobson C
Bought by
Pinnacle Development Corp Inc
Source: Public Records

Range of Values:

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List 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
Harris Thomas Woodard $535,000 None Available
Stallings Albert Conrad -- None Available
Pinnacle Development Corp Inc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Thomas Woodard $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $531,000 -4.3% $190 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $555,000 -- $198 / 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 $3,751 $547,600 $175,000 $372,600
2022 $3,669 $547,600 $175,000 $372,600
2021 $0 $547,600 $175,000 $372,600
2020 $2,890 $361,200 $125,600 $235,600
2019 $2,890 $361,200 $125,600 $235,600
2018 $2,817 $361,200 $125,600 $235,600
2017 $2,872 $361,200 $125,600 $235,600
2016 $3,424 $399,100 $125,600 $273,500
2015 $3,229 $399,100 $125,600 $273,500
2014 $3,149 $399,100 $125,600 $273,500
Source: Public Records

Agents Affiliated with this Home

  • Kathy Marcinowski

    Seller's Agent in 2020

    Kathy Marcinowski

    Coldwell Banker Sea Coast Advantage-CB

    (910) 409-1457

    10 in this area

    30 Total Sales

    Kathy Marcinowski
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Justin Donaton

    Coldwell Banker Sea Coast Advantage-CB

  • A

    Buyer's Agent in 2020

    Aimee Freeman

    Keller Williams Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 100238037

Hive MLS

APN: R08806-002-014-000

North Carolina New Hanover County Carolina Beach 28428

518 Spencer Farlow Dr Unit 8, Carolina Beach, NC

This home is located at 518 Spencer Farlow Dr Unit 8, Carolina Beach, NC 28428 since 24 September 2020 and is currently estimated at $850,881, approximately $303 per square foot. This property was built in 2004. 518 Spencer Farlow Dr Unit 8 is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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