NOT LISTED FOR SALE

1113 Merchant Ln Carolina Beach, NC 28428

Estimated Value: $1,420,444 - $1,748,000

3 Beds
3.5 Baths
3,750 Sq Ft
$406/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $1,210,000 $323 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,473/month

13 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Home Theater
  • Carolina Beach Elementary School Rated A-
  • Boat Slip
  • In Ground Pool

About This Home

As of January 2022

This listing has it all! Location can't be beat. Saint Joseph Place is close to the Publix shopping center, but also part of a secluded neighborhood with private home sites and plenty of mature trees. 1113 Merchant Lane boasts plenty of privacy, a 35' foot boat slip, an ELEVATOR, a saltwater pool, renovated master bathroom suite, new sunroom, screened in porch, 2 fireplaces, and the list goes on! This exquisite home is nestled amongst the most amazing live oak trees which gives this Cape Cod home a truly magical feeling. Large master suite on the main floor equipped with his and hers closets. This home has been used as a 2nd residence since the purchase a decade ago and therefore the condition is simply immaculate! A four car garage boasts plenty of space for your vehicles, as well as a workshop area with cabinetry. On the ground level, an apartment style layout includes a wet bar, theater/2nd living room, and full bathroom/entrance. Low yearly HOA. Come see for yourself! Easy to show and instant confirmation.

Last Agent to Sell the Property

Lisa Overby-Dosier

Coldwell Banker Sea Coast Advantage-CB License #316761 Listed on: 11/22/2021

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Butch Saunders

RE/MAX Essential License #272754

RE/MAX Essential

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1994

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 74x171x75x184
  • Cul-De-Sac
  • Fenced Yard
  • Property is zoned MB-1

HOA Fees

  • $69 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,750 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Sun or Florida Room
  • Water Views

Kitchen

  • Double Oven
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Tandem Parking
  • Driveway

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Boat Slip
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 08814004032000

Community Details

Overview

  • Saint Joseph Place Subdivision

Recreation

  • Boat Dock
  • Community Boat Slip

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,947

Year Built

Built in 1994

Lot Details

0

HOA Fees

$69 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: 2
  • Heated Sq Ft: 3500 - 3999
  • Interior Amenities: 9Ft+ Ceilings, Security System, Wet Bar, Walk-In Closet, Walk-in Shower, Smoke Detectors, Foyer, Pantry, Intercom/Music, Hot Tub, Home Theater, Furnished, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Hall
  • List Price per Sq Ft: 365.60
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Sq Ft Heated: 3750.00
  • Total Heated Primary Separate Sq Ft: 3750.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows, Shutters - Board/Hurricane
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Porch, Screened, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: Tandem
  • Attached Garage Spaces: 4.00
  • Garage And Parking Driveway Spaces: 6.00
  • Total Garage Spaces: 4.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Double Oven
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Management, Boat Slip - Assign
  • HOAAssociationFee1Year: 833.00

Lot Info

  • Deed Page: 736.00
  • Lot Acres: 0.31
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 74X171X75X184
  • Lot Number: 12
  • Lot Sq Ft: 13504.00
  • Lot Water Features: Boat Slip
  • Zoning: MB-1
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 08814004032000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jan 7, 2022
Sold by
Roulhac Maurice R and Roulhac Gina A
Bought by
Miller Daniel and Miller Gina
Seller's Agent
Lisa Overby-Dosier
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Butch Saunders
RE/MAX Essential
List Price
$1,371,000
Sold Price
$1,210,000
Premium/Discount to List
-$161,000
-11.74%
Current Estimated Value
$1,523,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,861
Avg. Annual Appreciation
6.27%
Original Mortgage
$610,000
Outstanding Balance
$482,556
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,041,305

Purchase Details

Closed on
Dec 11, 2001
Sold by
Smith James Jr Myra Rev Trust
Bought by
Roulhac Maurice R Gina A

Purchase Details

Closed on
Jul 27, 2000
Sold by
Smith James S Jr Myra M
Bought by
Smith James Jr Myra Rev Trust

Purchase Details

Closed on
Jun 26, 2000
Sold by
Mills Jimmy D Patricia E
Bought by
Smith James S Jr Myra M

Purchase Details

Closed on
Aug 18, 1993
Sold by
Mills Jimmy D
Bought by
Mills Jimmy D Patricia E

Purchase Details

Closed on
Oct 17, 1991
Sold by
West Bank Associates
Bought by
Mills Jimmy D

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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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
Miller Daniel $1,210,000 New Title Company Name
Roulhac Maurice R Gina A $415,000 --
Smith James Jr Myra Rev Trust -- --
Smith James S Jr Myra M $430,000 --
Mills Jimmy D Patricia E -- --
Mills Jimmy D -- --
West Bank Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Daniel $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $1,210,000 -11.7% $323 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/22/2021 11/22/21 For Sale $1,371,000 -- $366 / 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 $4,947 $2,088,300 $1,246,900 $841,400
2023 $4,947 $722,200 $249,300 $472,900
2022 $4,839 $722,200 $249,300 $472,900
2021 $4,983 $722,200 $249,300 $472,900
2020 $4,864 $608,000 $127,500 $480,500
2019 $4,864 $608,000 $127,500 $480,500
2018 $4,742 $608,000 $127,500 $480,500
2017 $4,834 $608,000 $127,500 $480,500
2016 $3,908 $455,500 $137,700 $317,800
2015 $3,685 $455,500 $137,700 $317,800
2014 $3,594 $455,500 $137,700 $317,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100302035

Hive MLS

APN: R08814-004-032-000