NOT LISTED FOR SALE

1603 Canal Dr Carolina Beach, NC 28428

Estimated Value: $1,130,569 - $1,381,000

0.17 Acre
$7,514,071 Price per Acre
7,405 Sq Ft Lot

Last Sold March 23, 2018

Last sale price $125,000

Est. 922% increase in value since last sale

Current estimated payment $8,427/month

78 Days on Market

Highlights

  • Canal View
  • No HOA
  • Marsh on Lot
  • Carolina Beach Elementary School Rated A-
  • Property fronts a marsh
  • 4-minute walk to The North End - Freeman Park

About This Lot

As of March 2018

Residential building lot one block back from the ocean. Bulkhead in place overlooking canal. Terrific views all around, steps from Carolina Beach pier.

Last Listed By

Greg Barber

Barber Realty Group Inc. License #208321 Listed on: 11/21/2017

Property Details

Property Type

  • Land

Year Built

  • 2018

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a marsh
  • Cleared Lot
  • Marsh on Lot
  • Property is zoned R-1B

Property Views

  • Canal Views

Schools

  • Carolina Beach Elementary School
  • Murray Middle School
  • Ashley High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R08807-012-002-000

Property Details

Property Type

Land

Year Built

2018

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 60

Utilities

  • Fuel Tank: None

Association/Amenities

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

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 2207.00
  • Lot Sq Ft: 7405.00
  • Zoning: R-1B
  • Acres: 0.17
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 735294.12
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Marsh/Wetland
  • Lot View Type: Canal View, Marsh View

Tax Info

  • Tax Identifier: R08807-012-002-000
  • Tax Year: 2016

MLS Schools

  • Elementary School: Carolina Beach
  • High School: Ashley
  • Middle School: Murray
  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2017
Closed on
Mar 19, 2018
Sold by
Trask Raiford G
Bought by
Sanderson Homer Glenn
Seller's Agent
Greg Barber
Barber Realty Group Inc.
Buyer's Agent
Charles Jones
Charles Jones Realty, Inc.
List Price
$125,000
Sold Price
$125,000
Total Days on Market
78
Current Estimated Value
$1,277,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,152,392
Avg. Annual Appreciation
39.73%
Original Mortgage
$100,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2006
Sold by
Trask Raiford G
Bought by
Trask Raiford G and Raiford G Trask Jr Revocable Trust

Purchase Details

Closed on
Feb 18, 2005
Sold by
Breakey Joseph Sherman and Breakey Margaret A
Bought by
Breakey Joseph Sherman and Nicholson Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 10, 1995
Sold by
Ludowigs Ursula R
Bought by
Trask Raiford G

Purchase Details

Closed on
Feb 14, 1989
Sold by
The Sussex East Company
Bought by
Ludowigs Ursula R

Purchase Details

Closed on
Jan 1, 1988
Sold by
Loughlin Frances W
Bought by
The Sussex East Company

Purchase Details

Closed on
Nov 1, 1987
Sold by
Joe Frances Ltd
Bought by
Loughlin Frances W

Purchase Details

Closed on
Sep 1, 1986
Sold by
Suggs & Harrelson Inc
Bought by
Joe Frances Ltd

Purchase Details

Closed on
Apr 1, 1982
Sold by
Suggs and Harrelson Const C
Bought by
Suggs & Harrelson Inc

Purchase Details

Closed on
Oct 1, 1979
Bought by
Suggs and Harrelson Const C

Range of Values:

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Average Value
Not Available
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
Sanderson Homer Glenn $125,000 None Available
Trask Raiford G -- None Available
Breakey Joseph Sherman -- None Available
Trask Raiford G $50,000 --
Ludowigs Ursula R -- --
The Sussex East Company -- --
Loughlin Frances W $20,000 --
Joe Frances Ltd $58,000 --
Suggs & Harrelson Inc -- --
Suggs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanperson Homer Glenn $100,000
Open Sanderson Homer Glenn $220,000
Open Sanderson Homer Glenn $382,500
Closed Sanderson Homer Glenn $100,000
Previous Owner Breakey Joseph Sherman $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $125,000 0.0% --
02/07/2018 02/07/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $125,000 -- --
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
2023 -- $651,800 $317,900 $333,900
2022 $0 $651,800 $317,900 $333,900
2021 $3,236 $651,800 $317,900 $333,900
2020 $3,236 $404,500 $159,600 $244,900
2019 $1,477 $159,600 $159,600 $0
2018 $0 $159,600 $159,600 $0
2017 $1,269 $159,600 $159,600 $0
2016 $1,369 $159,600 $159,600 $0
2015 $1,291 $159,600 $159,600 $0
2014 $1,259 $159,600 $159,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Barber

    Seller's Agent in 2018

    Greg Barber

    Barber Realty Group Inc.

    (910) 228-7925

    52 in this area

    224 Total Sales

    Greg Barber
    Section Image

  • C

    Buyer's Agent in 2018

    Charles Jones

    Charles Jones Realty, Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 100090894

Hive MLS

APN: R08807-012-002-000

North Carolina New Hanover County Carolina Beach 28428

1603 Canal Dr, Carolina Beach, NC

Homes for Sale in Carolina Beach, NC

This home is located at 1603 Canal Dr, Carolina Beach, NC 28428 since 21 November 2017 and is currently estimated at $1,277,392. This property was built in 2018. 1603 Canal Dr is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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