$397,000
$409,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
2 Baths
586 SqFt
SOLD DATE : 11/10/2021
Key Details
Sold Price $397,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 586 sqft
Price per Sqft $677
Subdivision Shell Island Resort
MLS Listing ID 100287027
Sold Date 11/10/21
Style Steel Frame
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $5,472
HOA Y/N Yes
Originating Board North Carolina Regional MLS
Year Built 1986
Annual Tax Amount $1,561
Lot Dimensions Condo
Property Description
Escape to the beautifully secluded Shell Island Resort located on the north end of Wrightsville Beach. This is the premier destination resort on the island with oceans views for every unit. Unobstructed views of the beach and ocean from the living area and kitchen. Shell Island Resort offers an indoor & outdoor pool, restaurant, fitness center, onsite parking, hot tub, tiki bar, security, gift shop, laundry facilities & more. Shell Island has onsite management to keep your unit well-rented year-round. A kitchenette with dishwasher, refrigerator, microwave are included and it comes fully furnished & ready for your first guests. This can be used as a great beach getaway and/or an investment property with strong rental history. Occupancy over 2021 & the current summer is fantastic. $40K gross thru August 21'. Owners also get two parking passes even if your unit is rented out. Get ready to head to the beach! This is a Deluxe Unit. Friday 9/17/21 open appts. from 1-2pm
Also, Current Assessment Wording.
Those units in the rental program effective April 1, 2020 shall be assessed to pay, over a two year period, any deficit sustained to maintain the hotel rental program operations through the end of 2020. Assessment's payments, if required, would be due on a monthly basis starting January 1, 2021 through December 31, 2022. Monthly assessments, if required, would be calculated by dividing the deficit plus interest incurred by the number of units on the rental program on April 1, 2020, divided by 24 months. The amount is unknown currently.
Location
State NC
County New Hanover
Community Shell Island Resort
Zoning C-4
Direction Follow Eastwood Rd to slight left onto W Salisbury St. Turn left onto N Lumina Ave. Destination will be on the right 2700 N Lumina Ave, Wrightsville Beach, NC 28480
Location Details Island
Rooms
Primary Bedroom Level Primary Living Area
Interior
Interior Features Ceiling Fan(s), Furnished
Heating Electric, Forced Air
Cooling Central Air
Fireplaces Type None
Fireplace No
Window Features Blinds
Appliance Stove/Oven - Electric, Refrigerator
Exterior
Exterior Feature Outdoor Shower
Garage Lighted, On Site, Paved
View Ocean
Roof Type See Remarks
Building
Story 1
Entry Level Two
Foundation Other
Sewer Municipal Sewer
Water Municipal Water
Structure Type Outdoor Shower
New Construction No
Others
Tax ID R05218-002-002-012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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