NOT LISTED FOR SALE

1601 Canal Dr Sunset Beach, NC 28468

Estimated Value: $1,624,000 - $1,768,000

5 Beds
4.5 Baths
2,748 Sq Ft
$612/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $1,500,000 $546 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,796/month

13 Days on Market

Highlights

  • Boat Dock
  • Home fronts a canal
  • Main Floor Primary Bedroom
  • Water Access
  • Deck
  • 1 Fireplace

About This Home

As of July 2022

BAYSIDE WATERFRONT LIVING AT ITS FINEST WITH PANORAMIC VIEWS from this recently renovated & fully furnished 5 BR, 4.5 BA property on Tubbs Inlet and just steps to the Atlantic Ocean. Enjoy outdoor living and breath-taking water views from the multiple decks with Trex deck boards and welcoming screened porches. Park your boat or jet skis, bird watch, or fish from the private pier and floating boat dock. Or take a dip in the sparkling ocean as a beach access is just across the street.The third level of this reverse floorplan showcases the spacious, main living area with a fireplace adjacent to a large dining space. The well-equipped kitchen offers new stainless-steel appliances, an abundance of counter and cabinet space and an inviting breakfast bar. A master retreat hosts a private bath, a laundry room, and a half bath. The middle floor offers three additional bedrooms with private baths and a den that is currently being utilized as a 5th bedroom and features a wet bar, fridge, and microwave.Other features include an upgraded 3 stop elevator, security lighting, new landscaping with drip irrigation, outdoor shower and sink, patio area, grills, and no HOA dues!Property would make a great investment property, vacation home or permanent residence.National Geographic recently named Sunset Beach as one of the best beaches in the world, and with good reason. In addition to the sand and surf, this beach town offers unique attractions like The Kindred Spirit Mailbox, Bird Island, The Ingram Planetarium, pristine golf courses, and plenty of refined dining and shopping. Plus, you are only 45 minutes from Myrtle Beach and 60 minutes from the charming and historic city of Wilmington.

Last Agent to Sell the Property

McNeely Group

Landmark Sotheby's International Realty License #137237 Listed on: 05/25/2022

Landmark Sotheby's International Realty

Last Buyer's Agent

McNeely Real Estate

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,143

Year Built

  • Built in 2007

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 50x114x48x118
  • Home fronts a canal
  • Irrigation
  • Property is zoned BR2

Home Design

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

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Bulkhead
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 256ma061

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,143

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 479.00
  • Directions To Property: Cross over the Mannon C Gore bridge to Sunset Beach. Turn Left at stop sign onto East Main St. Turn Left on to 15th St, then Right on to Canal Dr. House will be on the left.
  • Document Count: 10
  • Fencing: None
  • Fireplace: 1
  • Foundation: Raised
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Handicap Accessible: Elevator
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100329852
  • List Priceper Sq Ft: 327.33
  • Location Type: Island
  • Lot Acres: 0.13
  • Lot Dimensions: 50x114x48x118
  • Lot Number: 66
  • Lot Sq Ft: 5706.00
  • Lot Water Features: Boat Dock, Water Access Comm, Waterfront Comm, Bulkhead
  • Marketing City: Sunset Beach Island
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Screened, Open, Covered, Deck
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • School District: Brunswick County Schools
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Sign On Property: Yes
  • Special Assessments: none known
  • Sq Ft Heated: 2748.00
  • Sq Ft Heated Separate: 2748.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 256ma061
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 1424.92
  • Total Real Estate Property Taxes: 6142.94
  • Total Heated Primary Separate Sq Ft: 5496.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 2007
  • Zoning: BR2
  • Internet Service Provider: Spectrum
  • Road Frontage Type: Canal Front
  • Lot View Type: Water View
  • Home Warranty Termite: Termite Bond
  • Home Warranty Termite Company: Strand Termite
  • Home Warranty Termite Company Phone: 910-579-9707
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, LVT/LVP
  • Interior Amenities: Blinds/Shades, Skylights, Walk-in Shower, Solid Surface, Smoke Detectors, Reverse Floor Plan, Elevator, Furnished, Ceiling Fan(s)
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • On Site Pool Spa: None
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: On Site, Unpaved

Utilities

  • Heated Sq Ft: 2600 - 2799
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 5, 2022
Sold by
Bullock Michael A and Bullock Pamela B
Bought by
Knot On Call Llc
Seller's Agent
McNeely Group
Landmark Sotheby's International Realty
Buyer's Agent
McNeely Real Estate
Coldwell Banker Sea Coast Advantage
List Price
$1,799,000
Sold Price
$1,500,000
Premium/Discount to List
-$299,000
-16.62%
Current Estimated Value
$1,681,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,137
Avg. Annual Appreciation
3.30%
Original Mortgage
$1,210,000
Outstanding Balance
$1,152,562
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$528,575

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jan 20, 2021
Sold by
Stephens Jane A and Ludlum Sara Lee
Bought by
Bullock Michael A and Bullock Pamela B
Seller's Agent
Pat Wolfe
Sunset Properties, Inc.
Buyer's Agent
McNeely Real Estate
Coldwell Banker Sea Coast Advantage
List Price
$1,195,000
Sold Price
$985,000
Premium/Discount to List
-$210,000
-17.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.92%
Original Mortgage
$548,250
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2019
Sold by
Stephens Jane A
Bought by
Jane A Stephens Revocable Trust

Purchase Details

Closed on
Jun 19, 2006
Sold by
Segars Albert L and Segars Mary Grayson
Bought by
Stephens Jane A and Stephens Sara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,000
Interest Rate
5.25%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knot On Call Llc $1,500,000 Wortman Law Firm Pllc
Bullock Michael A $985,000 None Available
Jane A Stephens Revocable Trust -- None Available
Stephens Jane A $1,050,000 None Available
Stephens Jane A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knot On Call Llc $1,210,000
Previous Owner Bullock Michael A $548,250
Previous Owner Stephens Jane A $882,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2022 07/07/22 Sold $1,500,000 -16.6% $546 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $1,799,000 +82.6% $655 / Sq Ft
01/29/2021 01/29/21 Sold $985,000 -17.6% $395 / Sq Ft View Prior Sale
10/14/2020 10/14/20 Pending -- -- --
06/01/2018 06/01/18 For Sale $1,195,000 -- $479 / 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
2025 -- $1,300,920 $310,000 $990,920
2024 $69 $1,300,920 $310,000 $990,920
2023 $5,986 $1,300,920 $310,000 $990,920
2022 $6,143 $866,260 $350,000 $516,260
2021 $6,143 $866,260 $350,000 $516,260
2020 $6,159 $866,260 $350,000 $516,260
2019 $6,143 $380,050 $350,000 $30,050
2018 $5,529 $335,380 $310,000 $25,380
2017 $5,498 $335,380 $310,000 $25,380
2016 $5,448 $335,380 $310,000 $25,380
2015 $5,448 $790,870 $310,000 $480,870
2014 $5,230 $904,838 $600,000 $304,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100329852

Hive MLS

APN: 256MA061