Great location and investment property in the Heart of Carolina Beach. This property is in need of substantial repairs and is being sold ''as is'' with no repairs. Built in 1937, this cottage was raised to be out of the flood plain with all permits in place and overseen by a FEMA representative. There are 2 rental units - 2 BR/1 Bath in the front with 780 SF, and a 1 BR/1 Bath in the back with 405 SF. Each has its own electrial meter. Walking distance to the beach and the Boardwalk. Tenants are month to month and would like 24 hour notice for showings.
Sold for $400,000
$400,000
206 S Third Street, Carolina Beach, NC 28428
3beds
1,185sqft
Single Family Residence
Built in 1937
6,098 Square Feet Lot
$502,300 Zestimate®
$338/sqft
$2,828 Estimated rent
Home value
$502,300
$447,000 - $563,000
$2,828/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Teresa A Hill 910-233-5330,
Intracoastal Realty Corp
Bought with:
Jesse A Canady, 291485
Salt and Stone Property Group
Source: Hive MLS,MLS#: 100418695
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Baseboard, Forced Air, Heat Pump, Electric
Cooling
- Central Air, Wall/Window Unit(s)
Features
- None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 780
- Total interior livable area: 1,185 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Fencing: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 50 x 123
Details
- Parcel number: R09006037011000
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Heart of Carolina Beach
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Carolina Beach
Financial & listing details
- Price per square foot: $338/sqft
- Tax assessed value: $245,700
- Annual tax amount: $1,633
- Date on market: 8/25/2025
- Cumulative days on market: 53 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2024 | Sold | $400,000-5.9%$338/sqft |
Source:  Hive MLS #100418695 Report a problem | ||
| 2/26/2024 | Pending sale | $425,000$359/sqft |
Source: Hive MLS #100418695 Report a problem | ||
| 2/6/2024 | Price change | $425,000-14.8%$359/sqft |
Source: Hive MLS #100418695 Report a problem | ||
| 1/18/2024 | Pending sale | $499,000$421/sqft |
Source: Hive MLS #100418695 Report a problem | ||
| 12/15/2023 | Listed for sale | $499,000$421/sqft |
Source: Hive MLS #100418695 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,018 +19.9% | $450,800 +83.5% |
| 2024 | $1,683 +3% | $245,700 |
| 2023 | $1,634 -0.7% | $245,700 |
| 2022 | $1,646 -2.9% | $245,700 |
| 2021 | $1,695 +28.6% | $245,700 +49.1% |
| 2020 | $1,318 +0.2% | $164,800 +0.2% |
| 2019 | $1,316 | $164,500 +14.2% |
| 2018 | $1,316 +17.2% | $144,000 |
| 2017 | $1,123 -19.2% | $144,000 -11.1% |
| 2016 | $1,390 +6.1% | $162,000 |
| 2015 | $1,311 +2.5% | $162,000 |
| 2014 | $1,278 | $162,000 |
| 2013 | -- | $162,000 |
| 2012 | -- | $162,000 -26.8% |
| 2011 | -- | $221,447 |
| 2010 | -- | $221,447 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $83,994 |
| 2004 | -- | $83,994 |
| 2003 | -- | $83,994 |
| 2002 | -- | $83,994 |
| 2001 | -- | $83,994 |
| 2000 | -- | $83,994 |
Find assessor info on the county website
Neighborhood: 28428
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Nearby schools
GreatSchools rating
- 8/10Carolina Beach ElementaryGrades: K-5Distance: 0.2 mi
- 7/10Charles P Murray MiddleGrades: 6-8Distance: 4.8 mi
- 5/10Eugene Ashley HighGrades: 9-12Distance: 4.8 mi
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Estimated market value
$502,300
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Estimated market value
$502,300
- North Carolina
- New Hanover County
- Carolina Beach
- 28428
- 206 S Third Street
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