NOT LISTED FOR SALE

124 Mcleod Ave Topsail Beach, NC 28445

Estimated Value: $885,000 - $1,213,000

4 Beds
2 Baths
1,364 Sq Ft
$771/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2022

Last sale price $942,500 $691 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,019 / mo

4 Days on Market

Highlights

  • Views of a Sound
  • Community Boat Dock
  • Home fronts a canal
  • North Topsail Elementary School Rated 10
  • Boat Lift
  • Deck

About This Home

As of June 2022

Come see this well-maintained Topsail Beach cottage. 4 bedrooms, 2 full bathrooms. The ground level is enclosed for boat or sea doo storage, workshop, etc. Enjoy sitting on the deck over looking the canal and sound. The boat dock, and boat lift will be the highlight of the day if you are boating for the day or just going for a moonlight cruise. Anyway you do it, canal living is the best way to enjoy your family fun. This cottage has never been a rental property, but it would be a great rental property too.

Last Agent to Sell the Property

Jim Cornelison

Carolina Real Estate License #263222 Listed on: 04/17/2022

Last Buyer's Agent

Garrett Cox

Coastal Realty Associates LLC License #286711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,335

Year Built

  • Built in 1988

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Home fronts a canal
  • Property is zoned R-3

Property Views

  • Views of a Sound
  • Canal Views

Home Design

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

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Combination Dining and Living Room
  • Partially Finished Basement

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Unpaved Parking

Outdoor Features

  • Bulkhead
  • Boat Lift
  • Deck
  • Screened Patio
  • Porch

Schools

  • Topsail Elementary And Middle School
  • Topsail High School

Utilities

  • Central Air
  • Heat Pump System
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 4202-71-6676-0000

Community Details

Overview

  • No Home Owners Association
  • New Topsail Beach Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,335

Year Built

Built in 1988

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Handicap Accessible: None
  • List Priceper Sq Ft: 729.47
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 5334.81
  • Waterview: Yes
  • Year Built: 1988
  • Lot View Type: Canal, Sound View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, LVT/LVP
  • Interior Amenities: Furnished, Master Downstairs, Gas Log
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1364.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1364.00

Exterior Features

  • Exterior Features: DP50 Windows, Gas Log
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Road Frontage Type: Canal Front

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Unpaved

Utilities

  • Cooling System: Central Air
  • Fuel Tank Ownership: Leased
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Water Available
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • Elementary School: Topsail
  • High School: Topsail
  • Middle School: Topsail

Lot Info

  • Cobra Zone: No
  • Deed Page: 17.00
  • Lot Acres: 0.13
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 5663.00
  • Lot Water Features: Boat Dock, Bulkhead, Boat Lift
  • Zoning: R-3

Tax Info

  • Tax Identifier: 4202-71-6676-0000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2025
Sold by
Pankalla Eric and Pankalla Michelle
Bought by
Salty Sea Turtle Llc
Current Estimated Value
$1,051,028

Purchase Details

Listed on
Apr 17, 2022
Closed on
May 26, 2022
Sold by
Mennona Edward J and Mennona Matthew J
Bought by
Pankalla Eric
Seller's Agent
Jim Cornelison
Carolina Real Estate
Buyer's Agent
Garrett Cox
Coastal Realty Associates LLC
List Price
$995,000
Sold Price
$942,500
Premium/Discount to List
-$52,500
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salty Sea Turtle Llc -- None Listed On Document
Salty Sea Turtle Llc -- None Listed On Document
Pankalla Eric $942,500 Rizzo & Blackburn Pllc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $942,500 -5.3% $691 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $995,000 -- $729 / Sq Ft
Source: Hive MLS

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 $4,309 $549,155 $304,880 $244,275
2024 $4,309 $519,203 $364,289 $154,914
2023 $4,309 $519,203 $364,289 $154,914
2022 $3,829 $519,203 $364,289 $154,914
2021 $3,829 $519,203 $364,289 $154,914
2020 $3,829 $519,203 $364,289 $154,914
2019 $3,829 $519,203 $364,289 $154,914
2018 $3,811 $487,009 $360,360 $126,649
2017 $3,811 $487,009 $360,360 $126,649
2016 $3,731 $482,714 $360,360 $122,354
2015 $3,733 $482,714 $360,360 $122,354
2014 $2,844 $482,714 $360,360 $122,354
2013 -- $482,714 $360,360 $122,354
2012 -- $482,714 $360,360 $122,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100323126

Hive MLS

APN: 4202-71-6676-0000

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