NOT LISTED FOR SALE

1404 Canal Dr Unit 22 Carolina Beach, NC 28428

Estimated Value: $350,784 - $474,000

2 Beds
2 Baths
828 Sq Ft
$325/mo HOA Fee

Last Sold April 25, 2014

Last sale price $125,000 $151 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $2,585/month

103 Days on Market

Highlights

  • Ocean View
  • Community Pool
  • Wet Bar
  • Carolina Beach Elementary School Rated A-
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of April 2014

2 bedroom, 2 bath 2nd floor end unit with fabulous views of the ocean and pool. Fantastic 2nd home or investment property. Unfurnished and sold in present condition. Priced to sell!

Last Agent to Sell the Property

Harold Chappell

Realty World-Cape Fear Listed on: 12/11/2013

Co-Listed By

Libby Harriss

Realty World-Cape Fear

Last Buyer's Agent

Libby Harriss

Keller Williams Innovate-Wilmington License #98286

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1983

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Is Not Usable
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Attached Carport Spaces
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Co-Op Water

Listing and Financial Details

  • Tax Lot 4234

Community Details

Overview

  • Ocean Harbor Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,443

Year Built

Built in 1983

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1983
  • Special Features: 1028
  • Property Sub Type: Condos

Interior Features

  • Attic: No Access
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Wet Bar
  • Laundry Location: Room
  • List Price per Sq Ft: 144.81
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 828.00
  • Total Heated Primary Separate Sq Ft: 828.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Assigned, On Site

Utilities

  • Cooling System: Central
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Taxes, Water, Trash, Termite Bond, Pest Control, Sewer, Maint - Comm Areas, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 3900.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 419.00
  • Lot Dimensions: Condo
  • Lot Number: 4234
  • Lot Water Features: Second Row
  • Special Assessments: One time in January 2014 (TBD)
  • Zoning: R-1
  • Lot View Type: Ocean View

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
Mar 14, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Slaughter H Craig and Slaughter Carla J
Seller's Agent
Harold Chappell
Realty World-Cape Fear
Buyer's Agent
Libby Harriss
Keller Williams Innovate-Wilmington
List Price
$154,900
Sold Price
$125,000
Premium/Discount to List
-$29,900
-19.3%
Current Estimated Value
$387,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,446
Avg. Annual Appreciation
10.99%
Original Mortgage
$100,000
Outstanding Balance
$78,653
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$326,893

Purchase Details

Closed on
Dec 11, 2013
Sold by
Decker Robert A and Citi Mortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 22, 2003
Sold by
Ussery Susan G
Bought by
Decker Robert A Jr Polly J

Purchase Details

Closed on
Apr 13, 1998
Sold by
Hinshaw Gilmer D Debbie J
Bought by
Ussery Susan G

Purchase Details

Closed on
Sep 9, 1994
Sold by
Sims Jimmy M Linda Lee
Bought by
Hinshaw Gilmer D Debbie J

Purchase Details

Closed on
Nov 1, 1988
Sold by
Carolina Savings Bank
Bought by
Sims Jimmy M Linda Lee

Purchase Details

Closed on
Nov 1, 1987
Sold by
Belvin Jr James M
Bought by
Carolina Savings Bank

Purchase Details

Closed on
Dec 1, 1983
Sold by
Euro-Wilmington Inc
Bought by
Belvin James M

Purchase Details

Closed on
Mar 1, 1983
Bought by
Euro-Wilmington Inc
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
Slaughter H Craig -- None Available
Federal Home Loan Mortgage Corporation $101,009 None Available
Decker Robert A Jr Polly J $80,000 --
Ussery Susan G $72,500 --
Hinshaw Gilmer D Debbie J $54,000 --
Sims Jimmy M Linda Lee $50,000 --
Carolina Savings Bank $45,000 --
Belvin James M $62,000 --
Euro-Wilmington Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaughter H Craig $100,000
Previous Owner Decker Robert A $86,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $125,000 -19.3% $151 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $154,900 -- $187 / 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 $1,443 $210,700 $0 $210,700
2023 $1,401 $210,700 $0 $210,700
2022 $1,412 $210,700 $0 $210,700
2021 $1,454 $210,700 $0 $210,700
2020 $1,079 $134,900 $0 $134,900
2019 $270 $134,900 $0 $134,900
2018 $1,052 $134,900 $0 $134,900
2017 $1,072 $134,900 $0 $134,900
2016 $860 $100,200 $0 $100,200
2015 $811 $100,200 $0 $100,200
2014 $791 $100,200 $0 $100,200
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 30499632

Hive MLS

APN: R08811-006-003-008