NOT LISTED FOR SALE

1106 Merchant Ln Carolina Beach, NC 28428

Estimated Value: $1,493,000 - $1,754,000

5 Beds
5 Baths
3,521 Sq Ft
$454/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $723,000 $205 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $8,940/month

98 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Boat Slip
  • Carolina Beach Elementary School Rated A-
  • Water Access
  • 0.38 Acre Lot

About This Home

As of February 2017

Welcome home to your 3,500 sq ft, .38 acre waterfront retreat with a 25' boat slip steps from your back door in the hidden gem of Saint Joseph's Place. Enjoy the curb appeal of the circular drive and southern charm of the rocking chair front porch and mature landscaping. The main level offers unobstructed views of the ICWW, the kitchen features new stainless appliances and granite counter tops. The oversized master suite with sitting area is on the main level along with formal dining. Upstairs offers a bedroom with bath, an open walkway & 2 more bedrooms with a Jack & Jill -1/2 bath. The ground level features an open entertaining area with wet bar, a guest suite with a bathroom and two garage bays. A new roof and siding in 2015 have this home ready for you to enjoy life on the island.

Last Agent to Sell the Property

Jeff Lesley

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 11/02/2016

Last Buyer's Agent

Greg Barber

RE/MAX Essential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 1996

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 74x229x72x224
  • Home fronts a canal
  • Wood Fence
  • Sprinkler System
  • Property is zoned MB-1

HOA Fees

  • $69 Monthly HOA Fees

Property Views

  • Ocean
  • Intracoastal
  • Canal

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,521 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R08814-004-027-000

Community Details

Overview

  • Saint Joseph Place Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,868

Year Built

Built in 1996

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1996
  • Road Frontage Type: Canal Front, ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Foyer, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey
  • List Price per Sq Ft: 210.14
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Bonus Room Level: First
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 3521.00
  • Total Heated Primary Separate Sq Ft: 3521.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Screened, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Heat Pump

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Maint - Comm Areas, Taxes
  • HOAAssociationFee1Year: 833.00

Lot Info

  • Lot Acres: 0.38
  • Lot Dimensions: 74x229x72x224
  • Lot Sq Ft: 16553.00
  • Lot Water Features: Boat Dock, Water Access Comm, Waterfront Comm, Boat Slip
  • Zoning: MB-1
  • Lot View Type: Canal View, Water View, ICW View, Ocean View

Tax Info

  • Tax Identifier: R08814-004-027-000
  • Tax Year: 2015

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2018
Sold by
Andrea A Tuccio
Bought by
Brand James and Brand Betty
Current Estimated Value
$1,598,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,100
Outstanding Balance
$398,441
Interest Rate
4.9%
Estimated Equity
$1,199,843

Purchase Details

Listed on
Nov 2, 2016
Closed on
Feb 27, 2017
Sold by
Lesley Jeffrey and Lesley Tiffany
Bought by
Brand James R and Brand Betty A
Seller's Agent
Jeff Lesley
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Greg Barber
RE/MAX Essential
List Price
$749,900
Sold Price
$723,000
Premium/Discount to List
-$26,900
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Oct 16, 1991
Sold by
West Bank Associates
Bought by
Knight Cecil A Barbara M

Purchase Details

Closed on
Mar 17, 1989
Sold by
West Bank Developers
Bought by
West Bank Associates
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brand James -- --
Brand James R $723,000 None Available
Knight Cecil A Barbara M $100,000 --
West Bank Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brand James $453,100
Closed Brand James --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2017 02/27/17 Sold $723,000 -3.6% $205 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
11/02/2016 11/02/16 For Sale $749,900 -- $213 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,868 $1,607,300 $981,100 $626,200
2024 $5,868 $856,700 $475,100 $381,600
2023 $5,697 $856,700 $475,100 $381,600
2022 $5,740 $856,700 $475,100 $381,600
2021 $5,911 $856,700 $475,100 $381,600
2020 $5,794 $724,300 $307,500 $416,800
2019 $5,794 $724,300 $307,500 $416,800
2018 $4,237 $724,300 $307,500 $416,800
2017 $5,758 $724,300 $307,500 $416,800
2016 $5,272 $614,500 $332,100 $282,400
2015 $4,971 $614,500 $332,100 $282,400
2014 $4,848 $614,500 $332,100 $282,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeff Lesley

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • G

    Buyer's Agent in 2017

    Greg Barber

    RE/MAX Essential

See All Agents

Map

Source: Hive MLS

MLS Number: 100035826

Hive MLS

APN: R08814-004-027-000

North Carolina New Hanover County Carolina Beach 28428

1106 Merchant Ln, Carolina Beach, NC

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