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Backup Offers

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

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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Property Highlights

Home TypeTownhouse
ParkingAttached, Garage Door Opener, Garage Faces Rear
Attached Garage2 spaces
Year Built2006
HeatingHeat Pump
CoolingCentral Air
Fireplace1
MLS #100468636
Lot Size0.02 Acres
StatusAccepting Backup Offers
(Pending with Showings)

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System

Parking Information:

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

Virtual/3D Tour

  • 3D Tour: 518 Spencer Farlow Dr Unit 7
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Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

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 t

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.

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Carolina Beach, NC

City

Med. Sold Price

$614.1K

Med. Price/SqFt

$469

Avg. Days On Market

87

# of Sold Homes

28

518 Spencer Farlow Dr Unit 7 vs Carolina Beach

47 DAYS ON ROCKET

-40 Days

$855,000

+$240.8K More

$290/SqFt

-$180 Less

KEY TAKEAWAY

This property is $240.8K more than the Median Sold Price and $180/SqFt less than other homes in Carolina Beach, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100468636

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: 11/17/2024, 8:20:51 AM 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.

Nearby Schools

school-card-donut-277753
7
/10

  • Carolina Beach Elementary School

  • 400 Fourth St S

  • 1.60 miles

  • Public District Grades KG-5

school-card-donut-277754
6
/10

  • Edwin A Anderson Elementary School

  • 455 Halyburton Memorial Pkwy

  • 3.18 miles

  • Public District Grades KG-5

school-card-donut-277755
8
/10

  • Heyward C Bellamy Elementary School

  • 70 Sanders Rd

  • 4.79 miles

  • Public District Grades KG-5

All data from GreatSchools

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. Most families are single, no kids. 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?

Accepting Backup Offers: 518 Spencer Farlow Dr Unit 7 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

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 September 30, 2024 and is currently priced at $855,000.

Carolina Beach, NC housing market in October 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 24 sold below. The number of homes for sale in Carolina Beach, NC increased by 12.4% between September 2024 and October 2024. In October 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $614,166.

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

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