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Off market
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  • $874,400

    313 M Ave, Kure Beach, NC 28449

    4beds
    4baths
    2,541sqft
    MultiFamily
    Built in 1989
    -- sqft lot
    $874,400 Zestimate®
    $344/sqft
    $2,119 Estimated rent

    Home value

    $874,400

    $813,000 - $944,000

    $2,119/mo

    Zestimate® history
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    $2,119/mo

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    $5,026/mo

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    $5,026/mo

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    What's special

    Unique & rare opportunity to own a one-of-a-kind property! This ''true'' grandfathered duplex, situated on a corner lot, boasts a high elevation (out of a flood zone), & a fabulous location, only 3 short blocks (2-min stroll) to the beach, & 2 blocks to downtown Kure Beach, the Pier, Oceanfront Park, & restaurants & shops. So many options: use as a single-family 4-BR residence, live in one & rent the other, own/share w/family members, or use strictly as a short- or long-term investment rental (perfect for large groups, reunions, etc.). Its ''duplex'' status offers financing options not available with 2-unit condos, as well as low property taxes/insurance. The entire property has been completely renovated inside & out, & shows beautifully. Each unit boasts a spacious open-floor plan concept with a large living room, dining area, and huge kitchen with 1-level breakfast bar, granite countertops, loads of cabinets, new Whirlpool stainless appliance package (incl. French-door refrigerators and vented built-in microwaves), and single-basin stainless sink. Unit A has a cathedral ceiling and a large covered front porch (with new railings/balusters, east side deck and stair treads), Unit B enjoys a large patio deck, and both units are light and bright with walls of windows. The bedrooms are quite spacious with plenty of closet space, and the master bedrooms have an en-suite bath. Upgrades include luxury wood-look vinyl tile in the main living areas and baths and new carpet in the bedrooms, new high-end light/fan and plumbing fixtures, new hardware throughout, new bath vanity tops, smooth ceilings, 6" baseboards, 2" faux-wood blinds throughout, new bypass bedroom closet doors, freshly painted interiors (walls trim, doors, and kitchen/bath cabinets), fresh exterior trim paint, and a new HVAC system for Unit A. Additional amenities in each unit include a side-by-side washer/dryer closet, 2 linen/utility closets, a large coat closet, and separate parking/driveways (4+ cars for Unit A; 2 cars for Unit B). There is a large storage building out back that can be shared by both units. Pleasure Island offers many amenities, including a State Park, Public Marina and Boat Launch, Boat Basin with charter fishing and tour boats, historic Ft. Fisher, a State Aquarium, a ferry to Southport and abundant festivals, concerts, and events. The charming city of Wilmington, with its restaurants, cultural events/activities, parks, and shops, is nearby. Long- and short-term rental estimates available, as well as various financing scenarios/structures. Contact Listing Agent for more details.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    Features
    • 1st Floor Master, Blinds/Shades, Smoke Detectors, Walk-in Shower, 2nd Kitchen, Foyer
    • Basement: Finished
    • Attic: Floored - Partial, Stairs - Pull Down
    Interior area
    • Total interior livable area: 2,541 sqft

    Property

    Parking
    • Total spaces: 6
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: R09213007001000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Slab
    • Roof: Shake / Shingle
    Condition
    • Year built: 1989

    Community & HOA

    Location
    • Region: Kure Beach

    Financial & listing details

    • Price per square foot: $344/sqft
    • Tax assessed value: $772,400
    • Annual tax amount: $3,692

    Price history

    DateEventPrice
    11/13/2018Sold$565,000-3.4%$222/sqft
    Source: Public Record Report a problem
    10/12/2018Pending sale$585,000$230/sqft
    Source: Carolina Beach #100135683 Report a problem
    10/5/2018Listed for sale$585,000$230/sqft
    Source: Intracoastal Realty Corp #100135683 Report a problem
    8/17/2012Listing removed$1,200
    Source: Intracoastal Realty Corporation Report a problem
    7/3/2012Listed for rent$1,200
    Source: Intracoastal Realty Corporation Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,692 +3.6%$772,400 +60.4%
    2024$3,562 +3.4%$481,400
    2023$3,446 -0.7%$481,400
    2022$3,470 -2.7%$481,400
    2021$3,566 +15%$481,400 +38.9%
    2020$3,102 $346,600
    2019$3,102 $346,600 +0.1%
    2018$3,102 +1.2%$346,400
    2017$3,066 +30.2%$346,400 +33.6%
    2016$2,354 +8.7%$259,300
    2015$2,166 +2.5%$259,300
    2014$2,115 $259,300
    2013-- $259,300
    2012-- $259,300 -43.2%
    2011-- $456,400
    2010-- $456,400
    2009-- --
    2008-- --
    2007-- --
    2005-- $197,561
    2004-- $197,561
    2003-- $197,561
    2002-- $197,561
    2001-- $197,561
    2000-- $197,561
    Find assessor info on the county website

    Neighborhood: 28449

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Carolina Beach
    • Middle: Murray
    • High: Ashley
    • District: New Hanover

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $874,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $874,400