NOT LISTED FOR SALE

614 Carolina Beach Ave N Unit 3a Carolina Beach, NC 28428

Estimated Value: $497,000 - $585,000

2 Beds
2 Baths
865 Sq Ft
$595/mo HOA Fee

Last Sold June 12, 2020

Last sale price $340,000 $393 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,611/month

24 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Covered Patio or Porch
  • Carolina Beach Elementary School Rated A-
  • Furnished
  • Balcony

About This Home

As of June 2020

What an incredible opportunity to be ocean front and on the third floor overlooking Carolina Beach. This 2br 2bath condo comes fully furnished and was completely renovated with modern touches just two years ago. This home comes with an astonishing rental income that grossed over $31,000 in 2018 and over $23,000 in 2019 (lower last year due to personal owner use and renovations to the complex exterior. Don't miss this one, It pays for itself!

Last Agent to Sell the Property

Scott Haynes

Coastal Properties License #255285 Listed on: 04/21/2020

Coastal Properties

Last Buyer's Agent

Diana Jewell

Berkshire Hathaway HomeServices Carolina Premier Properties License #212971

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 865 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

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

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R08819-009-002-005

Community Details

Overview

  • Master Insurance
  • Sea Dunes Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Furnished, Smoke Detectors, Ceiling Fan(s)
  • List Price per Sq Ft: 391.91
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 865.00
  • Total Heated Primary Separate Sq Ft: 865.00

Exterior Features

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

Garage/Parking

  • Garage And Parking Other See Remarks: 2 assigned parking
  • Parking Driveway: Assigned

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: Flood Insurance, Pest Control, Trash, Taxes, Sewer, Master Insure, Management, Maintenance Structure, Maint - Comm Areas
  • HOAAssociationFee1Year: 7140.00

Lot Info

  • Deed Page: 1913.00
  • Lot Water Features: Ocean Side
  • Zoning: R-1
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: R08819-009-002-005
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
May 28, 2020
Sold by
Page Kyle and Page Kelly
Bought by
Lucius Brett and Lucius Marcy
Seller's Agent
Scott Haynes
Coastal Properties
Buyer's Agent
Diana Jewell
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$538,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,417
Avg. Annual Appreciation
8.96%
Original Mortgage
$272,000
Outstanding Balance
$240,574
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$304,596

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 2, 2016
Sold by
J Malach Real Estate Llc
Bought by
Page Kyle and Page Kelly
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Scott Haynes
Coastal Properties
List Price
$239,900
Sold Price
$237,500
Premium/Discount to List
-$2,400
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$178,125
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2003
Sold by
Malach David Jayne
Bought by
J Malach Real Estate Llc

Purchase Details

Closed on
May 29, 2003
Sold by
Upton John S
Bought by
Malach David Jayne

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bahadoor Cyril Dotsie Liv Tr
Bought by
Upton John S

Purchase Details

Closed on
Mar 14, 2002
Sold by
Bayley Robert G Ruth S
Bought by
Bahadoor Cyril Dotsie Liv Tr

Purchase Details

Closed on
Aug 29, 1994
Sold by
Ehre Stephen J
Bought by
Bayley Robert G Ruth S

Purchase Details

Closed on
Aug 1, 1986
Sold by
Coletrane William R Ronda
Bought by
Ehre Stephen J Francine S

Purchase Details

Closed on
May 1, 1985
Sold by
Tadlock Turner Partnership
Bought by
Coletrane William R Ronda

Purchase Details

Closed on
Jan 1, 1984
Bought by
Tadlock Turner Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lucius Brett $340,000 None Available
Page Kyle $238,000 None Available
J Malach Real Estate Llc -- --
Malach David Jayne $155,000 --
Upton John S $103,000 --
Bahadoor Cyril Dotsie Liv Tr -- --
Bahadoor Cyril Dotsie Liv Tr $51,500 --
Bayley Robert G Ruth S $64,000 --
Ehre Stephen J -- --
Ehre Stephen J Francine S $82,000 --
Coletrane William R Ronda $68,000 --
Tadlock Turner Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucius Brett $272,000
Previous Owner Page Kyle $178,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $340,000 +0.3% $393 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $339,000 +42.7% $392 / Sq Ft
12/09/2016 12/09/16 Sold $237,500 -1.0% $276 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $239,900 -- $278 / 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 $2,245 $501,500 $0 $501,500
2023 $2,265 $330,600 $0 $330,600
2022 $2,215 $330,600 $0 $330,600
2021 $2,281 $330,600 $0 $330,600
2020 $1,706 $213,200 $0 $213,200
2019 $1,706 $213,200 $0 $213,200
2018 $1,663 $213,200 $0 $213,200
2017 $1,695 $213,200 $0 $213,200
2016 $1,720 $200,500 $0 $200,500
2015 $1,622 $200,500 $0 $200,500
2014 $1,582 $200,500 $0 $200,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Scott Haynes

    Coastal Properties

    (910) 256-8171

    28 Total Sales

    Scott Haynes
    Section Image

  • D

    Buyer's Agent in 2020

    Diana Jewell

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 262-0454

    42 in this area

    126 Total Sales

    Diana Jewell
    Section Image

  • J

    Seller's Agent in 2016

    Jeff Lesley

    Berkshire Hathaway HomeServices Carolina Premier Properties

See All Agents

Map

Source: Hive MLS

MLS Number: 100215075

Hive MLS

APN: R08819-009-002-005

North Carolina New Hanover County Carolina Beach 28428

614 Carolina Beach Ave N Unit 3a, Carolina Beach, NC

Not Listed for Sale

Condos

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