12 days on rocket

518 Spencer Farlow Dr Unit 7, Carolina Beach, NC, 28428

$855,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
2,948 SqFt
$290/SqFt
Townhouse
Schools Nearby

Location

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518 Spencer Farlow Dr Unit 7, Carolina Beach$855,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTownhouse
ParkingAttached, Garage Door Opener, Garage Faces Front
Attached Garage2 spaces
Year Built2006
HeatingHeat Pump
CoolingCentral Air
Fireplace1
MLS #100443987
Lot Size0.02 Acres
StatusActive

About 518 Spencer Farlow Dr Unit 7

Welcome to Island Walk at Snows Cut, a luxury waterfront townhome community. With 4 bedrooms, 4 bathrooms, over 2,900 sqft of living space and an HOA that takes care of yard maintenance. This newly updated townhouse is the perfect home for low-maintenance island living! Enjoy entertaining in the open concept kitchen, dining and living area with boasting breathtaking water views of the Snow's Cut. Relax in the newly renovated primary en-suite that exudes opulence with a double vanity, tiled shower, and a rejuvenating soaking tub, providing the ultimate retreat after a long day. Your guests will also delight in newly renovated bathrooms on both the main living level and ground level, ensuring every visitor feels pampered. Expansive decks off the living area and primary suite along with a ground level patio with new porcelain tile offers plenty of outdoor living space and water views! Additional upgrades include an upgraded elevator, renovated living room mantle/fireplace, new kitchen countertops and backsplash and new hardwood flooring in primary suite. Schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 3
  • Living Area: 2,948 SqFt

Listing Office:

  • Office Name: Nest Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Electric Oven, Electric Stove, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Interior: 9Ft+ Ceilings, Ceiling Fan(s), Smoke Detectors, Walk-In Closet
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Irrigation System

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener, Garage Faces Front

Virtual/3D Tour

  • 3D Tour: 518 Spencer Farlow Dr Unit 7

3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Eugene Ashley High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • Charles P Murray Middle School, Public District Grades 6-8
  • Carolina Beach Elementary School, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Carolina Beach Road South to Carolina Beach and cross Snows Cut Bridge. At the first light, turn left onto Access Rd. Turn right onto Spencer Farlow Dr. Island Walk Townhomes are immediately on the left. Unit 7 is in last building on left .

Price Information

Listing Price Info

Price Summary:

  • List Price: $855,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $2,953
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Carolina Beach, NC.

Med. Sold Price

$610K

Med. Price/SqFt

$454

Avg. Days On Market

75

# of Sold Homes

33

518 Spencer Farlow Dr Unit 7 vs Carolina Beach

12 DAYS ON ROCKET

-63 Days

$855,000

+$245K More

$290/SqFt

-$165 Less

KEY TAKEAWAY

This property is $245K more than the Median Sold Price and $165/SqFt less than other homes in Carolina Beach, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100443987

Listing Office:

  • Office Name: Nest Realty

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). 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 this firm 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. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2024, 11:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2021Home Sold
$675,000
Jul 02, 2020Home Sold
$555,000
Oct 17, 2014Home Sold
$405,000
Nov 18, 2005Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,953$369,100
2019$2,878$369,100
2018$2,879$369,100
2017$3,464$369,100

History based on county public records data.

Payment Calculator

$4,335

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,630

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-426378
7
/10
  • Carolina Beach Elementary School

  • 400 S 4th St

  • 1.59 miles

  • Public District Grades PK-5

school-card-donut-426379
6
/10
  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 7.84 miles

  • Public District Grades KG-5

school-card-donut-426380
9
/10
  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 15.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-426381
8
/10
  • Charles P Murray Middle School

  • 655 Halyburton Memorial Parkwy

  • 3.08 miles

  • Public District Grades 6-8

High School

school-card-donut-426382
4
/10
  • Eugene Ashley High School

  • 555 Halyburton Memorial Parkwy

  • 3.27 miles

  • Public District Grades 9-12

school-card-donut-426383
8
/10
  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 11.42 miles

  • Public District Grades 9-12

school-card-donut-426384
9
/10
  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 18.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,981. The majority of Carolina Beach, NC residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Spencer Farlow Dr Unit 7

What is the listing price of this property?

The listing price of 518 Spencer Farlow Dr Unit 7 property is $855,000.

What type of property is this?

The property 518 Spencer Farlow Dr Unit 7 is a townhouse located in Carolina Beach, North Carolina, 28428.

Is this property for sale now?

Active Listing: 518 Spencer Farlow Dr Unit 7 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 518 Spencer Farlow Dr Unit 7 are:
Carolina Beach Elementary School: GreatSchools Rating 7/10
Dr John Codington Elementary School: GreatSchools Rating 6/10
Dr Hubert Eaton Sr Elementary School: GreatSchools Rating 9/10
Charles P Murray Middle School: GreatSchools Rating 8/10
Eugene Ashley High School: GreatSchools Rating 4/10
Isaac M Bear High School: GreatSchools Rating 8/10
Wilmington Early College High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,953 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 6, 2021 for $675,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Spencer Farlow Dr Unit 7 has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 518 Spencer Farlow Dr Unit 7 is 2,948 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Spencer Farlow Dr Unit 7 is 2006.

Rocket Homes›North Carolina›New Hanover County›Carolina Beach›28428›518 Spencer Farlow Dr Unit 7

This home is located at 518 Spencer Farlow Dr Unit 7 in Carolina Beach, NC and zip code 28428 in the Island Walk at Snow's Cut neighborhood. This 2,948 square foot home, which was built in 2006, sits on a 0.02 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $855,000.

In April 2024, from all listings sold in Carolina Beach, NC there were more than 1 sold above asking price, over 24 sold below and more than 8 were sold right at the asked price. In April 2024 in Carolina Beach, NC there were 6.3% more homes for sale than in March 2024. In April 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $610,000.

From Rocket Homes Real Estate and based on county public records data.

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