NOT LISTED FOR SALE

1114 Merchant Ln Carolina Beach, NC 28428

Estimated Value: $1,519,000 - $1,970,400

0.36 Acre
$4,916,250 Price per Acre
15,682 Sq Ft Lot

Last Sold June 21, 2019

Last sale price $505,000

Est. 250% increase in value since last sale

Current estimated payment $11,148/month

252 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 79 Feet of Waterfront
  • Boat Slip
  • Carolina Beach Elementary School Rated A-
  • Boat Dock
  • 0.36 Acre Lot

About This Lot

As of June 2019

Build Your Dream Home Today! This waterfront lot offers a beautiful setting surrounded with mature live oaks and panoramic, sound front water views. Located in one of Carolina Beaches finest, premier communities, Saint Joesph Place. Truly a boaters dream with plenty of space for your boats with the ''3'' deeded, deep water boat slips, (20', 30' & 35') This picturesque, rare, one of a kind lot in the quaint community of Saint Joseph Place, is also located close to dining, entertainment and the beach!

Last Agent to Sell the Property

Mary Kruszon

BlueCoast Realty Corporation License #283446 Listed on: 08/30/2018

BlueCoast Realty Corporation

Last Buyer's Agent

Greg Barber

Barber Realty Group Inc. License #208321

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,955

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 74x226.24x79.25x194.55
  • 79 Feet of Waterfront
  • Home fronts a sound
  • Cleared Lot
  • Property is zoned MB-1

HOA Fees

  • $96 Monthly HOA Fees

Property Views

  • Water Views
  • Views of a Sound

Schools

  • Carolina Beach Elementary School
  • Myrtle Grove Middle School
  • Ashley High School

Utilities

  • Water Rights

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R08814-004-023-000

Community Details

Overview

  • Saint Joseph Place Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$2,955

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 79.25

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 1147.00

Lot Info

  • Deed Page: 864.00
  • Lot Description: Deeded Water Rights, Partially Cleared, Subdivision, Water Depth 4+
  • Lot Dimensions: 74x226.24x79.25x194.55
  • Lot Number: 3
  • Lot Sq Ft: 15682.00
  • Lot Water Features: Boat Dock, Boat Slip, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Water Access Comm, Water Depth 4+, Waterfront Comm
  • Zoning: MB-1
  • Acres: 0.36
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 1513888.89
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: 3
  • Lot View Type: Sound View, Water View

Tax Info

  • Tax Identifier: R08814-004-023-000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 2955.43
  • Total Real Estate Property Taxes: 2955.43
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Myrtle Grove
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Our House Your Home Llc
Bought by
Maynard Jeffrey A and Maynard Becky C
Current Estimated Value
$1,769,850

Purchase Details

Closed on
Aug 30, 2019
Sold by
Maynard Jeffrey A and Maynard Becky C
Bought by
Our House Your Home Llc

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jun 17, 2019
Sold by
Bryan Robin L and Bryan Lauren K
Bought by
Maynard Jeffrey A and Maynard Becky C
Seller's Agent
Mary Kruszon
BlueCoast Realty Corporation
Buyer's Agent
Greg Barber
Barber Realty Group Inc.
List Price
$545,000
Sold Price
$505,000
Premium/Discount to List
-$40,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%

Purchase Details

Closed on
Jul 30, 2003
Sold by
Helton Gary D Nancy B
Bought by
Bryan Robin L Lauren K

Purchase Details

Closed on
Aug 1, 1994
Sold by
Stewart Kenneth D Mary Lou
Bought by
Helton Gary D Nancy B

Purchase Details

Closed on
Oct 11, 1991
Sold by
West Bank Associates
Bought by
Stewart Kenneth 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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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
Maynard Jeffrey A -- None Available
Our House Your Home Llc -- None Available
Maynard Jeffrey A $505,000 None Available
Bryan Robin L Lauren K $260,000 --
Helton Gary D Nancy B $132,000 --
Stewart Kenneth D $80,000 --
West Bank Associates -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $505,000 -7.3% --
05/09/2019 05/09/19 Pending -- -- --
08/30/2018 08/30/18 For Sale $545,000 -- --
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 -- $2,231,900 $959,500 $1,272,400
2024 -- $1,128,100 $460,300 $667,800
2023 -- $1,128,100 $460,300 $667,800
2022 $7,558 $1,128,100 $460,300 $667,800
2021 $3,031 $1,128,100 $460,300 $667,800
2020 $3,031 $378,900 $307,500 $71,400
2019 $3,031 $378,900 $307,500 $71,400
2018 $2,955 $378,900 $307,500 $71,400
2017 $3,012 $378,900 $307,500 $71,400
2016 $3,462 $403,500 $332,100 $71,400
2015 $3,264 $403,500 $332,100 $71,400
2014 $3,184 $403,500 $332,100 $71,400
Source: Public Records

Agents Affiliated with this Home

  • Mary Kruszon

    Seller's Agent in 2019

    Mary Kruszon

    BlueCoast Realty Corporation

    (910) 494-2675

    11 in this area

    75 Total Sales

    Mary Kruszon
    Section Image
  • Greg Barber

    Buyer's Agent in 2019

    Greg Barber

    Barber Realty Group Inc.

    (910) 228-7925

    46 in this area

    202 Total Sales

    Greg Barber
    Section Image
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Map

Source: Hive MLS

MLS Number: 100132666

Hive MLS

APN: R08814-004-023-000

North Carolina New Hanover County Carolina Beach 28428

1114 Merchant Ln, Carolina Beach, NC

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