NOT LISTED FOR SALE

Kure Beach, NC 28449

Estimated Value: $690,000

0.5 Acre
$1,380,000 Price per Acre
21,780 Sq Ft Lot

Last Sold October 12, 2015

Last sale price $450,000

Est. 53% increase in value since last sale

Current estimated payment $4,000/month

2,712 Days on Market

Highlights

  • Ocean View
  • 0.5 Acre Lot
  • No HOA
  • Carolina Beach Elementary School Rated A-

About This Lot

As of October 2015

Former hotel site in Kure Beaches Central Business District. This site is right in the heart of Kure Beach. Short walk to beach and pier. Currently zoned B-1. Could have many uses.

Last Agent to Sell the Property

Dick Schouten

Berkshire Hathaway HomeServices Carolina Premier Properties License #168412 Listed on: 05/06/2008

Last Buyer's Agent

Dick Schouten

Berkshire Hathaway HomeServices Carolina Premier Properties License #168412 Listed on: 05/06/2008

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,664

Lot Details

  • 0.5 Acre Lot
  • Property is zoned B-1

Property Views

  • Ocean Views

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6, 7, 8, 9, 17
  • Assessor Parcel Number UNK

Property Details

Property Type

Land

Est. Annual Taxes

$2,664

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterview: Yes
  • Total Road Frontage: 167

Utilities

  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 762.00
  • Lot Dimensions: Irregular
  • Lot Number: 6, 7, 8, 9, 17
  • Lot Sq Ft: 21780.00
  • Zoning: B-1
  • Acres: 0.50
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 1650000.00
  • Lot Number2: 6, 7, 8, 9, 17
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: UNK

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

Listed on
May 6, 2008
Closed on
Oct 9, 2015
Sold by
Khatib Osama and Khatib Hind
Bought by
Seamist Suites Llc
Seller's Agent
Dick Schouten
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Dick Schouten
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$2,300,000
Sold Price
$450,000
Premium/Discount to List
-$1,850,000
-80.43%
Current Estimated Value
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,000
Original Mortgage
$250,000
Outstanding Balance
$203,047
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2005
Sold by
Nelson William Austin and Nelson Shirlie A
Bought by
Kure Beach Motel Llc

Purchase Details

Closed on
Sep 17, 1998
Sold by
Nelson William H Frances D
Bought by
Nelson William Austin

Purchase Details

Closed on
Oct 30, 1989
Sold by
Kln Enterprises Inc
Bought by
Nelson William A 24%

Purchase Details

Closed on
May 1, 1986
Sold by
Nelson William Austin
Bought by
Kln Enterprises Inc

Purchase Details

Closed on
Aug 1, 1983
Sold by
Nelson Frances Davis
Bought by
Nelson William Austin

Purchase Details

Closed on
May 1, 1978
Bought by
Nelson W H Frances D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seamist Suites Llc -- None Available
Khatib Osama $450,000 None Available
Kure Beach Motel Llc $2,600,000 None Available
Nelson William Austin -- --
Nelson William A 24% -- --
Kln Enterprises Inc -- --
Nelson William Austin -- --
Nelson Frances Davis $1,000 --
Nelson W H Frances D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatib Osama $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2015 10/12/15 Sold $450,000 -80.4% --
10/09/2015 10/09/15 Pending -- -- --
05/06/2008 05/06/08 For Sale $2,300,000 -- --
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 $2,664 $360,000 $360,000 $0
2022 $2,595 $360,000 $360,000 $0
2021 $2,667 $360,000 $360,000 $0
2020 $2,217 $247,700 $247,700 $0
2019 $2,217 $247,700 $247,700 $0
2018 $2,192 $247,700 $247,700 $0
2017 $2,118 $247,700 $247,700 $0
2016 $2,998 $330,200 $330,200 $0
2015 $2,112 $252,800 $252,800 $0
2014 $2,062 $252,800 $252,800 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dick Schouten

    Berkshire Hathaway HomeServices Carolina Premier Properties

See All Agents

Source: Hive MLS

MLS Number: 30417088

Hive MLS

APN: R09217-005-010-000

North Carolina New Hanover County Kure Beach

28428

This home since 06 May 2008 and is currently estimated at $690,000. This home is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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