NOT LISTED FOR SALE

500 Canal Cove Rd Lake Waccamaw, NC 28450

Estimated Value: $484,308 - $517,000

3 Beds
2 Baths
1,270 Sq Ft
$395/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $500,000 $394 Per Sq Ft

Current estimated payment $2,850/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Boat Slip
  • Lake Front
  • Boat Lift
  • Vaulted Ceiling

About This Home

As of June 2024

Discover your dream lakefront home on the stunning shores of Lake Waccamaw! This beautiful property offers everything you need for a perfect lakeside living experience including your own long pier with covered area for shade, jet ski lift and electric boat lift. This 3-bedroom, 2-bathroom home boasts breathtaking views, modern amenities, and plenty of space for outdoor fun with your outdoor kitchen, fire pit and even your own sandy beach. You can immediately enjoy your summer days and nights as this home comes furnished with beautiful lakeside decor.

Last Agent to Sell the Property

Joelle Hardcastle

Intracoastal Realty License #304362 Listed on: 05/28/2024

Intracoastal Realty

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 68x108x64x115
  • Lake Front

Property Views

  • Lake
  • Canal

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Bedrooms and Bathrooms

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

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Pier
  • Deeded access to the beach
  • Bulkhead
  • Boat Lift
  • Boat Slip
  • Covered Patio or Porch
  • Outdoor Kitchen

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 1240.01-16-1830.000

Community Details

Overview

  • No Home Owners Association
  • Lake Waccamaw Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,486

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1950
  • Road Frontage Type: Lake Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Gas Logs, Pantry, Smoke Detectors, Walk-in Shower
  • List Price per Sq Ft: 413.39
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1270.00
  • Total Heated Primary Separate Sq Ft: 1270.00

Exterior Features

  • Exterior Features: Exterior Kitchen, Gas Logs
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 486487.00
  • Lot Acres: 0.17
  • Lot Dimensions: 68x108x64x115
  • Lot Sq Ft: 7405.00
  • Lot Water Features: Boat Dock, Boat Lift, Boat Slip, Bulkhead, Deeded Beach Access, Deeded Water Access, Deeded Waterfront, Pier
  • Plat Book: 409
  • Plat Page: 89
  • Zoning: Res
  • Lot View Type: Canal View, Lake View, Water View

Tax Info

  • Tax Identifier: 1240.01-16-1830.000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1485.80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Jun 27, 2024
Sold by
Huffman Craig M and Huffman Judith D
Bought by
Dotson Marshall F and Sullivan Mary D
Seller's Agent
Joelle Hardcastle
Intracoastal Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
5
Current Estimated Value
$501,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,327
Avg. Annual Appreciation
0.78%
Original Mortgage
$400,000
Outstanding Balance
$392,942
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$111,706

Purchase Details

Closed on
Jul 20, 2022
Sold by
Barnes Judith Hufham & N A
Bought by
Love Mill Nc Llc

Purchase Details

Listed on
Mar 2, 2021
Closed on
May 11, 2021
Sold by
Cottle Dawn Wells and Cottle Ronald
Bought by
Huffman Craig M and Huffman Judith D
Seller's Agent
Doug Yopp
The Oceanaire Realty
Buyer's Agent
Cheryl Wagner
Intracoastal Realty
List Price
$329,900
Sold Price
$325,000
Premium/Discount to List
-$4,900
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$260,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 15, 1999
Bought by
Cottle Dawn Wells
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
Dotson Marshall F $500,000 None Listed On Document
Love Mill Nc Llc -- Pryzwansky David T
Huffman Craig M $325,000 None Available
Cottle Dawn Wells $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotson Marshall F $400,000
Previous Owner Love Mill Nc Llc $800,000
Previous Owner Love Mill Nc Llc $2,942,000
Previous Owner Love Mill Nc Llc $8,000,000
Previous Owner Huffman Craig M $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $500,000 -4.8% $394 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $525,000 +61.5% $413 / Sq Ft
05/11/2021 05/11/21 Sold $325,000 -1.5% $252 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $329,900 0.0% $256 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $329,900 -- $256 / 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 $1,486 $166,400 $127,700 $38,700
2023 $1,486 $166,400 $127,700 $38,700
2022 $1,486 $166,400 $127,700 $38,700
2021 $1,603 $166,400 $127,700 $38,700
2020 $1,580 $177,800 $141,000 $36,800
2019 $1,580 $177,800 $141,000 $36,800
2018 $1,580 $177,800 $141,000 $36,800
2017 $1,583 $177,800 $141,000 $36,800
2016 $1,588 $177,800 $141,000 $36,800
2015 $1,598 $177,800 $141,000 $36,800
2014 $1,598 $177,800 $141,000 $36,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100447007

Hive MLS

APN: 0014634