NOT LISTED FOR SALE

615 Spencer Farlow Dr Unit 12 Carolina Beach, NC 28428

Estimated Value: $308,000 - $403,000

2 Beds
2 Baths
1,411 Sq Ft
$350/mo HOA Fee

Last Sold November 19, 2021

Last sale price $255,000 $181 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,394/month

19 Days on Market

Highlights

  • Above Ground Pool
  • Solid Surface Countertops
  • Screened Patio
  • Carolina Beach Elementary School Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of November 2021

Must see updated 2 bedroom, 2 full bath unit located in Paradise Cove. This 1400 sq. ft. spacious unit sits on the ground floor level, that is handicap accessible, and located in the highly sought after community of Carolina Beach. Recent updates include: LVP flooring throughout living area, new carpeted bedrooms, professionally painted walls, updated fixtures in kitchen and bathroom, and a re-done screened in porch. Located only minutes from the beach, restaurants, boat launches, and state park! Take a dip in the community pool, or hop on your bike and take a stroll to the beach! Schedule your appointment today! Long term rentals of 6 months or more are permitted.Seller to provide 1 year premium home warranty from 2-10 Home Warranty Service!

Last Agent to Sell the Property

Nathan Pelsh

Bryant Real Estate Listed on: 09/27/2021

Last Buyer's Agent

Jessica Keenan

Nest Realty License #226854

Nest Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,024

Year Built

  • Built in 2005

Lot Details

  • Street terminates at a dead end
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,411 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Parking Spaces
  • Lighted Parking
  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Above Ground Pool
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number R08800-005-013-015

Community Details

Overview

  • Master Insurance
  • Paradise Cove Condominiums Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,024

Year Built

Built in 2005

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Doors, Hallways, Kitchen, Accessible Entrance
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, LVT/LVP
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Sprinkler System, Solid Surface, Pantry, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet, Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 184.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1411.00
  • Total Heated Primary Separate Sq Ft: 1411.00

Exterior Features

  • Exterior Features: Gas Logs, Security Lighting, Irrigation System
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Wood
  • Foundation: Slab
  • On Site Pool Spa: Above Ground
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Lighted, On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Washer, Vent Hood, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Pest Control, Water, Trash, Termite Bond, Taxes, Street Lights, Sidewalk, Sewer, Master Insure, Management, Maint - Roads, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 4200.00

Lot Info

  • Deed Page: 630633.00
  • Lot Description: Dead End
  • Lot Dimensions: Condo
  • Lot Number: 12
  • Lot Water Features: None
  • Plat Book: 14
  • Plat Page: 305-309
  • Zoning: HB

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: R08800-005-013-015
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 313.60
  • Total Real Estate Property Taxes: 1024.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 9, 2021
Sold by
Hewett William Ross and Hewett Velma Ray
Bought by
Flocco Susan M and Susan M Flocco Trust
Seller's Agent
Nathan Pelsh
Bryant Real Estate
Buyer's Agent
Jessica Keenan
Nest Realty
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Current Estimated Value
$348,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,777
Avg. Annual Appreciation
8.33%
Original Mortgage
$191,250
Outstanding Balance
$177,077
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$164,978

Purchase Details

Listed on
Aug 4, 2014
Closed on
Dec 5, 2014
Sold by
Cook Judith W
Bought by
Mcconville Virginia Rosemary and Hewett William Ross
Seller's Agent
Cori McQueen
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Nicole Valentine
Intracoastal Realty Corp
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$132,554
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 2, 2012
Closed on
Sep 27, 2012
Sold by
Gray Michael Elbert
Bought by
Cook Judith W
Seller's Agent
Jim Ring
Jim Ring Realty
Buyer's Agent
Cori McQueen
Coldwell Banker Sea Coast Advantage-CB
List Price
$133,000
Sold Price
$124,000
Premium/Discount to List
-$9,000
-6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$99,200
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2010
Sold by
Gray Joseph W C
Bought by
Gray Michael Elbert and Joseph Gray Family Trust

Purchase Details

Closed on
Feb 28, 2007
Sold by
Cb Paradise Cove Llc
Bought by
Gray Joseph W C

Purchase Details

Closed on
Dec 17, 2004
Sold by
Food Lion Llc
Bought by
Cb Paradise Cove Llc
Source: Public Records

Range of Values:

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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
Flocco Susan M $255,000 None Available
Mcconville Virginia Rosemary $135,000 None Available
Cook Judith W $124,000 None Available
Gray Michael Elbert -- None Available
Gray Joseph W C $210,000 None Available
Cb Paradise Cove Llc $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flocco Susan M $191,250
Previous Owner Mcconville Virginia Rosemary $132,554
Previous Owner Cook Judith W $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $255,000 -1.9% $181 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $259,900 -3.7% $184 / Sq Ft
09/27/2021 09/27/21 For Sale $269,900 +99.9% $191 / Sq Ft
01/06/2015 01/06/15 Sold $135,000 0.0% $95 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $135,000 +8.9% $95 / Sq Ft
09/27/2012 09/27/12 Sold $124,000 -6.8% $89 / Sq Ft
09/20/2012 09/20/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $133,000 -- $95 / 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 $1,345 $196,300 $0 $196,300
2022 $1,315 $196,300 $0 $196,300
2021 $1,354 $196,300 $0 $196,300
2020 $1,024 $128,000 $0 $128,000
2019 $1,024 $128,000 $0 $128,000
2018 $998 $128,000 $0 $128,000
2017 $1,018 $128,000 $0 $128,000
2016 $934 $108,900 $0 $108,900
2015 $881 $108,900 $0 $108,900
2014 $859 $108,900 $0 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100292777

Hive MLS

APN: R08800-005-013-015