NOT LISTED FOR SALE

614 Carolina Beach Ave N Carolina Beach, NC 28428

Estimated Value: $482,053 - $583,000

4 Beds
4 Baths
1,628 Sq Ft
$328/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $333,000 $205 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,991/month

173 Days on Market

Highlights

  • Deck
  • No HOA
  • Tile Flooring
  • Carolina Beach Elementary School Rated A-
  • Porch

About This Home

As of February 2018

Great Location to own a duplex home! This duplex is on a large 50 x 125 lot across the street from the beach and beach access on one side and across from the lake on the other side. These units can make great weekly rentals. This property is zoned T-1, allowing many uses. It can be accessed from both Carolina Beach S & Lake Park Blvd. This property is ripe for redevelopment in the future. Other properties like this have been developed into 4 unit condo complexes with great ocean views. The Pool & Motel building is encroaching on part of the property & will be removed prior to closing. This property has no central heating. It will make a great vacation rental property but the value is in the land.

Last Agent to Sell the Property

Michael Otelsberg

Berkshire Hathaway HomeServices Carolina Premier Properties License #180050 Listed on: 05/10/2017

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Carol Ellington

Salt Water Real Estate LLC License #263240

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Home Design

  • Duplex
  • Block Foundation
  • Architectural Shingle Roof
  • Asbestos Siding
  • Block Exterior

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave

Flooring

  • Carpet
  • Tile

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number R09010-017-005-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Block
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Smoke Detectors
  • Laundry Location: None
  • List Price per Sq Ft: 214.99
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 4
  • Total Heated Sq Ft: 1628.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos, Block
  • Fencing: None
  • Foundation: Block
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Off Street, On Site, Paved

Utilities

  • Appliances Equipment: Microwave - Built-In, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Heat Pump, None
  • Service Providers Electric Provider: Duke Progress 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
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 2610
  • Deed Page: 702.00
  • Lot Acres: 0.14
  • Lot Dimensions: 50X125
  • Lot Number: 34
  • Lot Sq Ft: 6098.00
  • Lot Water Features: Second Row
  • Zoning: T-1

Rental Info

  • Pets: Possible

Tax Info

  • Tax Identifier: R09010-017-005-000
  • Tax Year: 2016

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2018
Sold by
Lewis Robert and Lewis Kimberly
Bought by
Wisneski Larry E and Wisneski Donna R
Current Estimated Value
$533,513

Purchase Details

Closed on
Aug 31, 2004
Sold by
Yates Tracy S Aaron Commerson
Bought by
Lewis Robert Kimberly

Purchase Details

Closed on
Apr 17, 2003
Sold by
Cipriani Kevin Henry
Bought by
Yates Tracy S

Purchase Details

Closed on
Aug 15, 2000
Sold by
Dempsey Gloria Jean
Bought by
Cipriani Kevin Henry

Purchase Details

Closed on
Aug 12, 1993
Sold by
Dempsey Gloria Jean and Dempsey Walla L
Bought by
Dempsy Walla Lynn

Purchase Details

Closed on
Sep 11, 1990
Sold by
Grisdale Betty J James E
Bought by
Dempsey Gloria Jean and Walla Ly

Purchase Details

Closed on
Sep 5, 1990
Sold by
Gilmore George H
Bought by
Grisdale Betty J James E

Purchase Details

Closed on
Jun 18, 1990
Sold by
United Carolina Bank
Bought by
Gilmore George H

Purchase Details

Closed on
Jan 16, 1990
Sold by
United Carolina Bank
Bought by
Gilmore George H

Purchase Details

Closed on
Apr 28, 1989
Sold by
Gilmore George H
Bought by
Gilmore George H

Purchase Details

Closed on
Sep 1, 1986
Sold by
Gilmore George H
Bought by
Gilmore George H

Purchase Details

Closed on
Jun 1, 1986
Sold by
United Carolina Bank
Bought by
Gilmore George H

Purchase Details

Closed on
Apr 1, 1986
Sold by
Tadlock Turner Partnershi
Bought by
United Carolina Bank

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wisneski Larry E $268,500 None Available
Lewis Robert Kimberly $300,500 --
Yates Tracy S $20,000 --
Cipriani Kevin Henry $105,000 --
Dempsy Walla Lynn -- --
Dempsey Gloria Jean $61,000 --
Grisdale Betty J James E $50,000 --
Gilmore George H -- --
Gilmore George H -- --
Gilmore George H -- --
Gilmore George H -- --
Gilmore George H $210,000 --
United Carolina Bank $110,000 --
Tadlock Turner Partnershi -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2018 02/01/18 Sold $333,000 -11.2% $205 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $375,000 -- $230 / 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 $1,887 $275,500 $0 $275,500
2022 $1,199 $275,500 $0 $275,500
2021 $1,901 $275,500 $0 $275,500
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

  • Michael Otelsberg

    Seller's Agent in 2018

    Michael Otelsberg

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 431-6125

    10 in this area

    59 Total Sales

    Michael Otelsberg
    Section Image
  • Carol Ellington

    Buyer's Agent in 2018

    Carol Ellington

    Salt Water Real Estate LLC

    (910) 368-7327

    25 in this area

    50 Total Sales

    Carol Ellington
    Section Image
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Map

Source: Hive MLS

MLS Number: 100062259

Hive MLS

APN: R08819-009-002-001

North Carolina New Hanover County Carolina Beach 28428

614 Carolina Beach Ave N, Carolina Beach, NC

Not Listed for Sale

MultiFamily

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