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$575,000

Beds
3
Baths
3.0
sq ft
1,324

1116 Mackerel Lane Unit 2, Carolina Beach, NC 28428

1116 Mackerel Lane Unit 2

Carolina Beach, NC 28428

  • 26 days on market
Welcome to your Carolina Beach retreat! This spacious 3-bedroom, 3-bath townhome-style condo sits at the end of a quiet cul-de-sac, just blocks from the beach, island greenway trail, and not far from the Carolina Beach Lake, restaurants, and the boardwalk. The open-concept living area flows seamlessly into a large covered deck—great for entertaining or relaxing after a day in the sun. The primary suite features a private deck where you can enjoy stunning sunrises. With two ground-floor storage rooms, there's plenty of space for bikes, beach toys, and gear, plus an outdoor shower to rinse off after a day at the beach. Ample parking, including covered spaces and a driveway, makes hosting guests a breeze. Recent updates include a new metal roof (2021), composite deck boards, and a water heater (2022). Partially furnished and move-in ready—don't miss your chance to own a slice of paradise!

Details

Property type

Condominium

Est. home value

$462,435

Lot size

Unknown

Price per sq ft

$435

Year built

2005

Annual property taxes

$2,237.21

HOA fee

$2,600

Price History

03/14/2025
NorthCarolinaRegional

NorthCarolinaRegional #100494469

Listed
$575,000
+43.75%
05/24/2021
NorthCarolinaRegional

NorthCarolinaRegional #100266398

Sold
$400,000
+73.91%
02/27/2015
NorthCarolinaRegional

NorthCarolinaRegional #30515625

Sold
$230,000

Schools & Community

Elementary school: 

Carolina Beach

Middle school: 

Murray

High school: 

Ashley

High school district: 

New Hanover

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$235,009
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$293,991
Cash to seller
$235,009

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homestead Funding Corp

Loan start date

May 2021

Original loan amount

$320,000

Est. remaining balance

$293,991

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Jonathan B Russell and Meghan L Frank

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/10/2025 at 9:45 AM

Listing updated: 04/07/2025 at 2:47 AM

Listed by: Chris J Santucci, Coldwell Banker Sea Coast Advantage-CB Phone #: (910) 458-4401

MLS: NorthCarolinaRegional #100494469

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