NOT LISTED FOR SALE

1162 Monroe Ln Topsail Beach, NC 28445

Estimated Value: $1,746,000 - $1,953,000

5 Beds
5.5 Baths
2,792 Sq Ft
$662/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,600,000 $573 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,568/month

18 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Views of a Sound
  • Boat Lift
  • North Topsail Elementary School Rated 9+
  • Boat Dock
  • Home fronts a sound

About This Home

As of October 2021

Paradise Unrivaled! Welcome Home To 1162 Monroe Lane! Nestled Amongst The Live Oaks On A Quiet Lane In Sought After South Topsail Beach, This Sound Front Retreat Is Unsurpassed In Beauty And Quality Workmanship. Custom Built By The Acclaimed Chris Majewski Of Ridgestone Construction, And Carefully Appointed With Exquisite High-End Furnishings, This Five Bedroom, Five And A Half Bath Retreat Is Truly A One-Of-A-Kind Treasure On The Island. A Reverse Floorplan Offers Expansive Views Of Banks Channel From The Top Floor Whether Cooking In Your Gourmet Kitchen, Gathering In The Open And Airy Living/Dining Areas Or Relaxing In The Luxurious Master Suite. The Floor Below Hosts A Second Master Suite And Four Additional Bedrooms, Each With Their Own Private Bath. Three Levels Of Outdoor Living Provide Ample Opportunities To Enjoy Large Gatherings With Family And Friends Or To Find Your Own Secluded Slice Of Privacy. The Custom Dock Is Surrounded By The Breathtaking Topsail Sound/Banks Channel. Equipped With A Boat Lift And Day Dock And Minutes Into The ICWW Or Ocean, This Home Truly Is A Boater's Delight! This Treasure Has A Private Deeded Beach Access Just Steps Away And Is Being Sold Furnished With A Few Exceptions To Be Provided To Potential Buyers. The Home Also Includes An Elevator, Outdoor Shower, Plenty Of Interior And Exterior Storage And So Much More! The Only Owners' Love And Meticulous Care Shine Through In Every Inch Of This Home. Although It Has Never Been A Rental, The Income Potential Is Extraordinary. With Way Too Many Bells And Whistles To List, Schedule A Showing Today And Tour This Once In A Lifetime Opportunity To Secure Your Very Own Slice Of Utopia!

Last Agent to Sell the Property

Maureen Sidbury

Intracoastal Realty Corp. License #305875 Listed on: 07/04/2021

Last Buyer's Agent

Frank Sherron

Landmark Sotheby's International Realty License #72550

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,584

Year Built

  • Built in 2014

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50 x 321 x 54 x 325
  • Home fronts a sound
  • Cul-De-Sac
  • Property is zoned R-2

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,792 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Circular Driveway
  • Unpaved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Deep Water Access
  • Boat Lift
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 4213-71-2130-0000

Community Details

Overview

  • No Home Owners Association
  • M And L Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,584

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2014
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 9Ft+ Ceilings, Pantry, Walk-In Closet, Walk-in Shower, Smoke Detectors, Reverse Floor Plan, Elevator, Furnished, Foyer, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hall
  • List Price per Sq Ft: 626.79
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Great Room Level: Third
  • Kitchen Level: Third
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2792.00
  • Total Heated Primary Separate Sq Ft: 2792.00

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Open, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Circular, On Site, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Zoned
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 98.00
  • Lot Acres: 0.34
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 50 x 321 x 54 x 325
  • Lot Number: 14
  • Lot Sq Ft: 14810.00
  • Lot Water Features: Boat Dock, Sound Side, Water Depth 4+, Deeded Beach Access, Deeded Water Rights, Boat Lift
  • Plat Book: 24
  • Plat Page: 71
  • Zoning: R-2
  • Lot View Type: ICW View, Water View, Sound View

Tax Info

  • Tax Identifier: 4213-71-2130-0000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 2140.37
  • Total Real Estate Property Taxes: 7583.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Hanvey Erik Franklin and Hanvey Tiffany R
Bought by
Hanvey Erik Franklin and Hanvey Tiffany R
Current Estimated Value
$1,847,419

Purchase Details

Closed on
Apr 7, 2022
Sold by
Franklin Hanvey Erik and Franklin Tiffany R
Bought by
Eric Hanvey Living Trust and Tiffany Hanvey Living Trust

Purchase Details

Listed on
Jul 4, 2021
Closed on
Oct 8, 2021
Sold by
Clark Robert M and Clark Sarah A
Bought by
Hanvey Erik Franklin and Hanvey Tiffany R
Seller's Agent
Maureen Sidbury
Intracoastal Realty Corp.
Buyer's Agent
Frank Sherron
Landmark Sotheby's International Realty
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%
Original Mortgage
$800,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2014
Closed on
Sep 24, 2014
Sold by
Cjl Partners Inc
Bought by
Clark Robert M and Clark Sarah Ann
Seller's Agent
Nicklaus Phillips
Landmark Sotheby's International Realty
Buyer's Agent
Desiree Whalen
Keller Williams Innovate-Wilmington
List Price
$899,000
Sold Price
$940,000
Premium/Discount to List
$41,000
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$700,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 27, 2012
Closed on
May 17, 2013
Sold by
William Potts Family Farms Llc
Bought by
Cjl Partners Inc
Seller's Agent
Nick Phillips
Landmark Sotheby's International Realty
Buyer's Agent
Nick Phillips
Landmark Sotheby's International Realty
List Price
$499,000
Sold Price
$300,000
Premium/Discount to List
-$199,000
-39.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.51%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hanvey Erik Franklin -- None Listed On Document
Eric Hanvey Living Trust -- None Listed On Document
Hanvey Erik Franklin $1,600,000 None Available
Clark Robert M $940,000 None Available
Cjl Partners Inc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanvey Erik Franklin $800,000
Previous Owner Clark Robert M $700,000
Previous Owner Cjl Partners Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,600,000 -8.6% $573 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $1,750,000 +86.2% $627 / Sq Ft
09/25/2014 09/25/14 Sold $940,000 +4.6% $337 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $899,000 +199.7% $322 / Sq Ft
05/23/2013 05/23/13 Sold $300,000 -39.9% --
04/24/2013 04/24/13 Pending -- -- --
03/27/2012 03/27/12 For Sale $499,000 -- --
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
2024 $6,028 $726,287 $362,225 $364,062
2023 $6,028 $726,287 $362,225 $364,062
2022 $5,356 $726,287 $362,225 $364,062
2021 $5,443 $738,057 $362,225 $375,832
2020 $5,443 $738,057 $362,225 $375,832
2019 $5,443 $738,057 $362,225 $375,832
2018 $6,004 $772,275 $451,500 $320,775
2017 $6,004 $772,275 $451,500 $320,775
2016 $5,927 $772,275 $451,500 $320,775
2015 $5,927 $772,275 $451,500 $320,775
2014 $2,639 $451,500 $451,500 $0
2013 -- $451,500 $451,500 $0
2012 -- $451,500 $451,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100279604

Hive MLS

APN: 4213-71-2130-0000