NOT LISTED FOR SALE

618 Carolina Beach Ave N Unit 1 Carolina Beach, NC 28428

Estimated Value: $903,000 - $1,356,000

3 Beds
2 Baths
1,637 Sq Ft
$196/mo HOA Fee

Last Sold November 16, 2020

Last sale price $682,000 $417 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,287/month

99 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • Ocean Side of Freeway
  • Carolina Beach Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of November 2020

Beautifully furnished Ocean Front condo with salt water swimming pool! This listing features 1637 Sq Ft, all on one level, with 3 spacious bedrooms & 2 full baths. The property sits on a very deep, well vegetated oceanfront lot with incredible views of the water from every single room in the house! There is also a private Oceanfront salt water swimming pool shared by four properties. This property is offered for sale along with the upstairs 6 bedroom 4 bath unit which is on the top two floors for $1,250,000. See MLS#100223101. The units can be sold separately or as a package. The owners manage vacation rentals themselves through VRBO & will help easily transition the rental business to buyers, if desired. This unit grossed approximately $50,000 in rental in 2018 & 2019. The upstairs grossed approx. $92,000 in 2018 & 2019.

Last Agent to Sell the Property

Jim Spicuzza

Coastal Properties License #132851 Listed on: 06/19/2020

Coastal Properties

Last Buyer's Agent

Beth Churchman

BlueCoast Realty Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • Property fronts a marsh
  • Ocean Front
  • End Unit
  • Fenced Yard
  • Wood Fence
  • Dunes

HOA Fees

  • $196 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Marina
  • Intracoastal
  • Canal

Home Design

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

Interior Spaces

  • 1,637 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 4 Car Attached Garage
  • Carport
  • Lighted Parking
  • Tandem Parking
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R08815-015-001-001

Community Details

Recreation

  • Community Pool

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$196 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: 1st Floor Unit, End Unit
  • Year Built: 2004
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Pantry, Foyer, Gas Logs, Furnished, Blinds/Shades, Ceiling Fan(s), 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 427.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1637.00
  • Total Heated Primary Separate Sq Ft: 1637.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • On Site Pool Spa: In Ground, See Remarks
  • Porch Balcony Deck: Balcony, Patio, Porch, Open, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: Tandem
  • Attached Garage Spaces: 4.00
  • Garage And Parking Driveway Spaces: 5.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: Assigned, Paved, Lighted, On Site, Off Street, Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, See Remarks
  • HOAAssociationFee1Year: 2350.00

Lot Info

  • Deed Page: 4312.00
  • Lot Acres: 0.15
  • Lot Description: Dunes
  • Lot Dimensions: 2 unit oceanfront duplex-condo on deep lot 55x120
  • Lot Sq Ft: 6534.00
  • Lot Water Features: Ocean Side, Water Access Comm, Waterfront Comm
  • Zoning: R-1
  • Lot View Type: Canal View, Sound View, Water View, ICW View, Ocean View, Marsh View, Marina View

Rental Info

  • Rental Income Gross Rental Income: 50000.00
  • Annual Gross Rental Income Collected: 50000

Tax Info

  • Tax Identifier: R08815-015-001-001
  • Tax Year: 2019

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Nov 6, 2020
Sold by
Woomer Karen L and Woomer Brian
Bought by
Atwell Thomas A and Atwell Brandi C
Seller's Agent
Jim Spicuzza
Coastal Properties
Buyer's Agent
Beth Churchman
BlueCoast Realty Corporation
List Price
$750,000
Sold Price
$682,000
Premium/Discount to List
-$68,000
-9.07%
Current Estimated Value
$1,094,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,629
Avg. Annual Appreciation
9.80%
Original Mortgage
$510,400
Outstanding Balance
$453,146
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$641,483

Purchase Details

Closed on
Oct 1, 1997
Sold by
Barber Peter
Bought by
Barber Peter
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
Atwell Thomas A $682,000 None Available
Barber Peter $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atwell Thomas A $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $682,000 -9.1% $417 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $750,000 -- $458 / 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 $4,065 $907,900 $0 $907,900
2023 $4,346 $634,500 $0 $634,500
2022 $4,251 $634,500 $0 $634,500
2021 $4,378 $634,500 $0 $634,500
2020 $3,918 $489,800 $0 $489,800
2019 $3,918 $489,800 $0 $489,800
2018 $3,820 $489,800 $0 $489,800
2017 $3,894 $489,800 $0 $489,800
2016 $3,565 $415,500 $0 $415,500
2015 $3,361 $415,500 $0 $415,500
2014 $3,278 $415,500 $0 $415,500
Source: Public Records

Agents Affiliated with this Home

  • Jim Spicuzza

    Seller's Agent in 2020

    Jim Spicuzza

    Coastal Properties

    (910) 443-4283

    3 in this area

    116 Total Sales

    Jim Spicuzza
    Section Image

  • B

    Buyer's Agent in 2020

    Beth Churchman

    BlueCoast Realty Corporation

    Section Image
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Map

Source: Hive MLS

MLS Number: 100223104

Hive MLS

APN: R08815-015-001-001

North Carolina New Hanover County Carolina Beach 28428

618 Carolina Beach Ave N Unit 1, Carolina Beach, NC

Not Listed for Sale

Condos

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