NOT LISTED FOR SALE

702 Carolina Beach Ave N Unit 1-A Carolina Beach, NC 28428

Estimated Value: $486,000 - $636,000

2 Beds
2 Baths
815 Sq Ft
$360/mo HOA Fee

Last Sold July 06, 2022

Last sale price $640,000 $785 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,514/month

4 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Front
  • Deck
  • Carolina Beach Elementary School Rated A-
  • Ocean Side of Freeway
  • Solid Surface Countertops

About This Home

As of July 2022

Paradise is waiting...... This 2 bed 2 bath unit has all that beautiful Carolina Beach has to offer. This units boasts a complete remodle, all new kitchen appliances as well as new HVAC. Inside you will find an incredible floor plan that maximizes the spaces and the view. The open kitchen boasts granite counters and tile back splash wrapping around all new appliances. The updated bathrooms offer new fixtures and fresh shower coatings. This unit is turn key and ready to be your beach front get-a-way or a serious income producer. With over $65,000 in rental income in 2021 and set to surpass that number in 2022. Showings will be for 1 week only so book your showing quickly, as this one is sure to go fast.

Last Agent to Sell the Property

Chip Moore

Hanover Real Estate Partners License #280292 Listed on: 05/25/2022

Last Buyer's Agent

Mary Kruszon

BlueCoast Realty Corporation License #283446

BlueCoast Realty Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • 6,098

HOA Fees

  • $360 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 815 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Double Pane Windows
  • Combination Dining and Living Room
  • Ocean Views
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Additional Features

  • Energy-Efficient Doors
  • Ocean Front
  • Flood Insurance May Be Required
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number R08815-010-009-000

Community Details

Overview

  • Master Insurance
  • Sea Dunes Subdivision
  • Maintained Community

Security

  • Security Lighting
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$360 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, 3 Story or More
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Smoke Detectors, Walk-in Shower, Solid Surface
  • List Price per Sq Ft: 760.61
  • 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: 815.00
  • Total Heated Primary Separate Sq Ft: 815.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Thermal Windows, Thermal Doors, Storm Windows, Storm Doors, Security Lighting
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Open, Deck, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Assigned, Paved, Off Street

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Taxes, Trash, Maint - Comm Areas, Master Insure, Maintenance Structure
  • HOAAssociationFee1Year: 4320.00

Lot Info

  • Deed Page: 2291.00
  • Lot Acres: 0.14
  • Lot Sq Ft: 6273.00
  • Lot Water Features: Deeded Water Access, Water Access Comm, Ocean Side, Deeded Waterfront
  • Zoning: R-1
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: R08815-010-009-000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 25, 2022
Sold by
London and Randy
Bought by
Smith Nathan David and Smith Breiclyn Rose
Seller's Agent
Chip Moore
Hanover Real Estate Partners
Buyer's Agent
Mary Kruszon
BlueCoast Realty Corporation
List Price
$619,900
Sold Price
$640,000
Premium/Discount to List
$20,100
3.24%
Current Estimated Value
$565,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,597
Avg. Annual Appreciation
-2.79%
Original Mortgage
$505,600
Outstanding Balance
$480,362
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$99,852

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 30, 2019
Sold by
A Shore Thing Nc Llc
Bought by
London Amelia and London Randy
Seller's Agent
Marcus Matzke
Palm Air Realty
Buyer's Agent
Chip Moore
Hanover Real Estate Partners
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.13%
Original Mortgage
$252,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2019
Sold by
Matzke Marcus V
Bought by
A Shore Thing Nc Llc

Purchase Details

Closed on
Jul 25, 2012
Sold by
Matzke Marcus
Bought by
Matzke Marcus V Emily J

Purchase Details

Closed on
May 20, 2011
Sold by
Fannie Mae
Bought by
Matzke Marcus

Purchase Details

Closed on
Oct 28, 2010
Sold by
Prescott William B and Prescott Patricia F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 1996
Sold by
Hannay Gerald W Jr Lois
Bought by
Prescott Patricia F

Purchase Details

Closed on
May 18, 1992
Sold by
Carolina Savings Bank
Bought by
Hannay Gerald W

Purchase Details

Closed on
Dec 6, 1991
Sold by
Taibi Gaetano
Bought by
Carolina Savings Bank

Purchase Details

Closed on
Jun 1, 1988
Sold by
Carolina Sav & Loan Assn
Bought by
Taibi Gaetano

Purchase Details

Closed on
Nov 1, 1986
Sold by
Balock Partnership
Bought by
Carolina Sav & Loan Assn

Purchase Details

Closed on
Apr 1, 1984
Bought by
Balock 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
Smith Nathan David $640,000 None Listed On Document
London Amelia $280,000 None Available
A Shore Thing Nc Llc -- None Available
Matzke Marcus V -- None Available
Matzke Marcus V Emily J -- --
Matzke Marcus -- None Available
Federal National Mortgage Association $267,675 None Available
Prescott Patricia F -- --
Prescott Patricia F $77,000 --
Hannay Gerald W -- --
Hannay Gerald W $350,000 --
Carolina Savings Bank -- --
Taibi Gaetano $62,000 --
Carolina Sav & Loan Assn $127,000 --
Balock Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nathan David $505,600
Previous Owner London Amelia $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2022 07/06/22 Sold $640,000 +3.2% $785 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $619,900 +121.4% $761 / Sq Ft
01/24/2020 01/24/20 Sold $280,000 -3.4% $344 / Sq Ft View Prior Sale
11/27/2019 11/27/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $289,900 -- $356 / 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 $2,201 $491,600 $0 $491,600
2023 $1,920 $280,300 $0 $280,300
2022 $1,878 $280,300 $0 $280,300
2021 $1,934 $280,300 $0 $280,300
2020 $1,721 $215,100 $0 $215,100
2019 $1,721 $215,100 $0 $215,100
2018 $1,678 $215,100 $0 $215,100
2017 $1,710 $215,100 $0 $215,100
2016 $1,725 $201,000 $0 $201,000
2015 $1,626 $201,000 $0 $201,000
2014 $1,586 $201,000 $0 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100329874

Hive MLS

APN: R08815-010-009-001