NOT LISTED FOR SALE

409 Canal Dr Unit B Carolina Beach, NC 28428

Estimated Value: $783,000 - $897,083

3 Beds
2 Baths
1,550 Sq Ft
$1,000/mo HOA Fee

Last Sold February 06, 2024

Last sale price $925,000 $597 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,756/month

20 Days on Market

Highlights

  • Waterfront
  • Boat Dock
  • Boat Slip
  • Carolina Beach Elementary School Rated A-
  • Water Access
  • Deck

About This Home

As of February 2024

Presented for sale is a gorgeous, canal front condo in Carolina Beach with stunning views from the expansive porch and living room/kitchen. Fantastic location only one block from the ocean, and two blocks from the Carolina Beach Boardwalk. Features abound with this three bedroom, two bath unit which come with covered parking, a 40-foot boat slip, private elevator, two entrances, and two large porches for sunning and entertaining. Entrance: From the street you enter into a front foyer that has doors for two of the bedrooms. Also here in the arched hallway is a coat closet and large guest bath with jacuzzi tub. Kitchen: Next is the kitchen, which is a cook's delight with every detail considered including a double electric oven with a gas range, pot filler, and drawer microwave. The white, raised panel custom cabinets were designed with lots of drawers for easy storage. The kitchen is finished with granite counters and farm-style stainless sink. All appliances are stainless steel including dishwasher and refrigerator.Great Room: This large room features a granite dining bar & table, fireplace,and living room area. All open with bead-board ceilings and two beautiful ceiling fans. Best feature - a wall and a half of windows open to the water view on the canal!Back Porch: A screened summer room is where you will live and entertain because the action on the canal is too interesting to miss. Enjoy your meals and cocktails at your bar table, with a handy refrigerator built-in. Theelevator entrance and the second steps to the dock is also on this porch.Master Suite: The master has two entrances, from the great room or back porch (small water view). It is designed for maximum storage with dual custom closets. The large master bath has a walk-in shower, two vanities, granite counters, and a half wall of linen closets.This must-see property can be your primary residence, 2nd home, or short-term rental investment. Don't miss this opportunity!

Last Agent to Sell the Property

Marcus Matzke

Palm Air Realty License #314353 Listed on: 12/07/2023

Last Buyer's Agent

Frances Downey

Wit Realty LLC License #279612

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,180

Year Built

  • Built in 2000

HOA Fees

  • $1,000 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Pest Guard System
  • Kitchen Island

Bedrooms and Bathrooms

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

Parking

  • Covered Parking
  • Lighted Parking
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Bulkhead
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Gas Tank Leased
  • Co-Op Water
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number R08818-005-005-002

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Latitude 34 Condominiums / W Greene Pllc Association, Phone Number (910) 707-1402
  • Latitude 34 Condominiums Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,180

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Elevator, Furnished, Kitchen Island, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • List Price per Sq Ft: 643.87
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1550.00
  • Total Heated Primary Separate Sq Ft: 1550.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck, Screened
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Assigned, Covered, Lighted, Paved

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: Gas
  • Fuel Tank Ownership: Owned
  • Heating System: Fireplace(s), Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Boat Slip - Not Assigned, Flood Insurance, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Roof, Sewer, Trash, Water
  • HOAAssociationFee1Year: 12000.00
  • HOAAssociationName: Latitude 34 Condominiums / W Greene PLLC
  • HOAAssociationPhone: 9107071402

Lot Info

  • Deed Page: 1365.00
  • Lot Water Features: Boat Slip, Bulkhead, Water Access Comm, Waterfront Comm
  • Plat Book: 12
  • Plat Page: 34
  • Zoning: T-1

Tax Info

  • Tax Identifier: R08818-005-005-002
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Feb 5, 2024
Sold by
Wyman Marion C
Bought by
Jacob Hany J
Seller's Agent
Marcus Matzke
Palm Air Realty
Buyer's Agent
Frances Downey
Wit Realty LLC
List Price
$998,000
Sold Price
$925,000
Premium/Discount to List
-$73,000
-7.31%
Views
19
Current Estimated Value
$850,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,729
Avg. Annual Appreciation
-5.07%
Original Mortgage
$693,750
Outstanding Balance
$677,304
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$172,967

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 8, 2017
Sold by
Perrawl Llc
Bought by
Wyman Marion C
Seller's Agent
Tricia Keane
Coastwalk Real Estate, LLC
Buyer's Agent
Jessica Keenan
Coastwalk Real Estate, LLC
List Price
$429,000
Sold Price
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$343,200
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Perry Robert J and Perry Jane R
Bought by
Perrawl Llc

Purchase Details

Closed on
Apr 4, 2008
Sold by
U S Bank Na
Bought by
Perry Robert J and Perry Jane R

Purchase Details

Closed on
Jan 22, 2008
Sold by
Michael David P and Michael Alexandra J
Bought by
U S Bank Na

Purchase Details

Closed on
Sep 12, 2005
Sold by
Allred Russell Cox and Allred Molly Graham
Bought by
Michael David P and Michael Alexandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
11.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 2002
Sold by
Sanco Of Wilmington Serv Corp
Bought by
Allred Russell Cox Molly G

Purchase Details

Closed on
Dec 9, 1997
Sold by
Fisher Maultrie L Della Reavis
Bought by
Sanco Of Wilmington Serv Corp
Source: Public Records

Range of Values:

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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
Jacob Hany J $925,000 None Listed On Document
Jacob Hany J $925,000 None Listed On Document
Wyman Marion C $429,000 None Available
Perrawl Llc -- None Available
Perry Robert J $450,000 None Available
U S Bank Na $504,634 None Available
Michael David P $685,000 None Available
Allred Russell Cox Molly G $290,000 --
Sanco Of Wilmington Serv Corp $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob Hany J $693,750
Closed Jacob Hany J $693,750
Previous Owner Wyman Marion C $326,500
Previous Owner Wyman Marion C $343,200
Previous Owner Michael David P $191,000
Previous Owner Michael David P $137,000
Previous Owner Michael David P $479,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $925,000 -7.3% $597 / Sq Ft
12/27/2023 12/27/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $998,000 +132.6% $644 / Sq Ft
10/04/2017 10/04/17 Sold $429,000 0.0% $277 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $429,000 -- $277 / 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 $3,180 $464,200 $0 $464,200
2023 $3,180 $464,200 $0 $464,200
2022 $3,110 $464,200 $0 $464,200
2021 $3,203 $464,200 $0 $464,200
2020 $3,221 $402,600 $0 $402,600
2019 $3,221 $380,600 $0 $380,600
2018 $2,969 $380,600 $0 $380,600
2017 $3,026 $380,600 $0 $380,600
2016 $2,476 $288,600 $0 $288,600
2015 $2,335 $288,600 $0 $288,600
2014 $2,277 $288,600 $0 $288,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100417786

Hive MLS

APN: R08818-005-005-002