NOT LISTED FOR SALE

525 S Fort Fisher Blvd Unit 1 Kure Beach, NC 28449

Estimated Value: $689,000 - $1,151,000

3 Beds
3 Baths
1,473 Sq Ft
1984 Built

Last Sold March 05, 2021

Last sale price $775,000 $526 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,369/month

7 Days on Market

Highlights

  • Ocean Front
  • Deck
  • 1 Fireplace
  • Carolina Beach Elementary School Rated A-
  • Bamboo Flooring
  • Furnished

About This Home

As of March 2021

This one is a beauty! Oceanfront condo in desirable Kure Beach! Enjoy breath-taking views from the moment you step through the door! You have to see all the upgrades in this move-in ready home to truly appreciate it. Bamboo hardwood floors throughout, tiled baths, granite countertops, stainless steel appliances, inset electric fireplace, 3 bedrooms and 3 baths. This condo has it all! Access your walkway to the beach from your back deck. Upstairs you'll find the master suite with a private beach front balcony! There's also a second bedroom with an en suite upstairs, along with the laundry closet and additional storage. The extra long garage can hold your car, golf cart, beach toys and more! If you've been dreaming of owning your very own home at the beach or looking for income potential, this is it! Don't let this one get away!Unit comes furnished with the exception of Rattan chair with blue cushions in living area and personal items.Owners of both units (1 & 2) make up the HOA. There are no dues, and both owners share in repairs and upkeep of common elements. Call today to take a look!

Last Agent to Sell the Property

Mike Burton

Coastal ERA License #283214 Listed on: 01/14/2021

Co-Listed By

Nancy Burton

Coastal ERA License #283215

Last Buyer's Agent

Mary Kruszon

BlueCoast Realty Corporation License #283446

BlueCoast Realty Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,974

Year Built

  • Built in 1984

Lot Details

  • Ocean Front

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,473 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 1 Fireplace
  • Combination Dining and Living Room

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Home Security

Parking

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

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Storm Doors

Listing and Financial Details

  • Assessor Parcel Number R09405006006001

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,974

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Bamboo, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Furnished, Walk-in Shower, Walk-In Closet, Pantry
  • List Price per Sq Ft: 539.71
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1473.00
  • Total Heated Primary Separate Sq Ft: 1473.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Deck, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 2625.00
  • Zoning: RA-4

Tax Info

  • Tax Identifier: R09405006006001
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Mar 5, 2021
Sold by
Alexander Tony E and Alexander Marion D
Bought by
Watson William and Watson Alisa M
Seller's Agent
Mike Burton
Coastal ERA
Buyer's Agent
Mary Kruszon
BlueCoast Realty Corporation
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Current Estimated Value
$964,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,849
Avg. Annual Appreciation
6.27%
Original Mortgage
$620,000
Outstanding Balance
$567,037
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$448,616

Purchase Details

Closed on
May 14, 2013
Sold by
Morris Gwendolyn C and Morris Lisa
Bought by
Alexander Tony Edward and Alexander Marion D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2012
Sold by
Morris Gwendolyn C
Bought by
Wood Carla and Morris Lisa

Purchase Details

Closed on
Feb 22, 2005
Sold by
Fishburne Magle E
Bought by
Morris Raeford Carl and Morris Gwendolyn C

Purchase Details

Closed on
Oct 7, 2004
Sold by
Dunn Trevor R Ruth M Lightfoot
Bought by
Fishburne Magie E

Purchase Details

Closed on
Jun 13, 2002
Sold by
Sloath Sondra Ann
Bought by
Dunn Trevor R Ruth M Lightfoot

Purchase Details

Closed on
Dec 1, 1985
Sold by
Wallace James E Wanda
Bought by
Sloath Sondra Ann

Purchase Details

Closed on
Jun 1, 1984
Bought by
Intracoastal Contractors
Source: Public Records

Range of Values:

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Average Value
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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
Watson William $775,000 None Available
Alexander Tony Edward $385,000 None Available
Wood Carla -- None Available
Morris Raeford Carl $675,000 None Available
Fishburne Magie E $575,000 --
Dunn Trevor R Ruth M Lightfoot $248,000 --
Sloath Sondra Ann $128,000 --
Wallace James E Wanda -- --
Intracoastal Contractors -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson William $100,000
Open Watson William $620,000
Previous Owner Alexander Tony Edward $306,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $775,000 -2.5% $526 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $795,000 -- $540 / 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 $2,974 $401,900 $0 $401,900
2022 $2,897 $401,900 $0 $401,900
2021 $2,977 $401,900 $0 $401,900
2020 $2,425 $271,000 $0 $271,000
2019 $2,425 $271,000 $0 $271,000
2018 $2,398 $271,000 $0 $271,000
2017 $2,317 $271,000 $0 $271,000
2016 $1,789 $197,000 $0 $197,000
2015 $1,646 $197,000 $0 $197,000
2014 $1,607 $197,000 $0 $197,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100252154

Hive MLS

APN: R09405-006-006-001