NOT LISTED FOR SALE

1205 Canal Dr Unit 2 Carolina Beach, NC 28428

Estimated Value: $993,000 - $1,168,000

4 Beds
3 Baths
2,120 Sq Ft
$400/mo HOA Fee

Last Sold November 05, 2021

Last sale price $850,000 $401 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,430/month

9 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean View
  • Home fronts a sound
  • Carolina Beach Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of November 2021

Rare opportunity! This beautiful 4-Bedroom, 3 Full Bath WATERFRONT condo offers PANORAMIC views of the sound, a 55' boat dock, direct access to the ICW, Carolina Beach Inlet, & Cape Fear River. Beach access is only 100 steps away! Enjoy spectacular sunset views from the waterfront gazebo area, or entertain at the outdoor grill. Fish & crab off your own dock! This property boasts a spacious open floor plan with sound and ocean views! Lower Entry is a ''Marine grade'' hallway, perfect for storing beach chairs, coolers, water toys etc. 1st level offers Large King Guest Room w/private Deck, Sound Views & oversized closet. Second bedroom on 1st level offers a ''triple bunk'' along with Queen Bed & Spacious closet w/access to additional storage. 2nd Level of this lovely home offers Open Kitchen/Dining/Family Room w/Hardwood Floors. Kitchen is upgraded to include Granite Countertops, 42' Maple Cabinets, Stainless Steel Refrigerator, built in Microwave, Oven & Cooktop. Family Room is accented w/shiplap fireplace. Dining Area has additional ''bar area'', great for added storage. 3rd Level is complete with two additional bedrooms. The Master Bedroom offers vaulted ceilings w/private Deck & Sound Views, Large WIC, Master Bath w/Dual Sink Vanities, Jetted Tub & Separate Shower. Additional Guest Room w/Ocean views has a Private Full Bath & Large WIC. Great Investment Opportunity! Rentals are allowed.

Last Agent to Sell the Property

James Kromenhoek

Coldwell Banker Sea Coast Advantage-CB License #248877 Listed on: 09/27/2021

Coldwell Banker Sea Coast Advantage-CB

Last Buyer's Agent

Pam Kersting

Intracoastal Realty Corp License #262281

Intracoastal Realty Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 2004

Lot Details

  • Home fronts a sound
  • Home fronts a canal
  • Sprinkler System

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Marina
  • Intracoastal
  • Canal

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,120 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 5 Attached Carport Spaces
  • Lighted Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Boat Slip
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Gazebo
  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R08811-003-003-002

Community Details

Overview

  • Master Insurance
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,003

Year Built

Built in 2004

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2004
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, LVT/LVP
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 9Ft+ Ceilings, Furnished, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Smoke Detectors, Gas Logs, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 389.15
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2120.00
  • Total Heated Primary Separate Sq Ft: 2120.00

Exterior Features

  • Exterior Features: Gas Grill, Outdoor Shower, Irrigation System
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Gazebo, Shower, Storage
  • Fencing: None
  • Foundation: Pilings, Raised
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 5.00
  • Total Carport Spaces: 5.00
  • Parking Driveway: Lighted, Paved, Off Street

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Zoned, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Maint - Comm Areas, Master Insure, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 4800.00

Lot Info

  • Deed Page: 176.00
  • Lot Dimensions: Condo
  • Lot Water Features: Boat Dock, Sound Side, Water Depth 4+, Deeded Water Access, Deeded Waterfront, Boat Slip
  • Zoning: R-1
  • Lot View Type: Canal View, ICW View, Water View, Sound View, Ocean View, Marina View

Green Features

  • Green Bldg Features: LED Lighting

Rental Info

  • Annual Gross Rental Income Collected: 600002021

Tax Info

  • Tax Identifier: R08811-003-003-002
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 4002.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 4, 2021
Sold by
K2 Hospitality Llc
Bought by
Brown Jubilee and Naumann Robert Wendel
Seller's Agent
James Kromenhoek
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
Pam Kersting
Intracoastal Realty Corp
Sold Price
$850,000
Current Estimated Value
$1,074,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,899
Avg. Annual Appreciation
6.19%
Original Mortgage
$625,000
Outstanding Balance
$571,824
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$503,075

Purchase Details

Listed on
Feb 21, 2020
Closed on
May 4, 2020
Sold by
Kromenhoek Mary and Kromenhoek James
Bought by
K2 Hospitality Llc
Seller's Agent
Barbara Lambert
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$570,000
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.07%
Original Mortgage
$510,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 28, 2020
Sold by
Hawkins Stewart B and Lambert Barbara J
Bought by
Kromenhoek Mary and Kromenhoek James
Seller's Agent
Barbara Lambert
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$570,000
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
602 Carolina Beach Llc
Bought by
Hawkins Stewart and Lambert Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Cottrell David Reid June R
Bought by
602 Carolina Beach Llc
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
Brown Jubilee $850,000 None Available
Brown Jubilee $850,000 Mann Mcgibney
K2 Hospitality Llc -- None Available
Kromenhoek Mary $570,000 None Available
Hawkins Stewart $495,000 None Available
602 Carolina Beach Llc $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jubilee $625,000
Closed Brown Jubilee $625,000
Previous Owner Kromenhoek Mary $510,400
Previous Owner Hawkins Stewart $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $850,000 0.0% $401 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/30/2021 09/30/21 Off Market $850,000 -- --
05/01/2020 05/01/20 Sold $570,000 0.0% $269 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $570,000 -- $269 / 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
2024 $3,974 $580,100 $0 $580,100
2023 $3,974 $580,100 $0 $580,100
2022 $3,887 $580,100 $0 $580,100
2021 $4,003 $580,100 $0 $580,100
2020 $3,084 $385,500 $0 $385,500
2019 $3,084 $385,500 $0 $385,500
2018 $3,007 $385,500 $0 $385,500
2017 $3,065 $385,500 $0 $385,500
2016 $3,243 $378,000 $0 $378,000
2015 $3,058 $378,000 $0 $378,000
2014 $2,982 $378,000 $0 $378,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100292381

Hive MLS

APN: R08811-003-003-002