NOT LISTED FOR SALE

503 N Channel Dr Wrightsville Beach, NC 28480

Estimated Value: $901,000 - $1,642,000

4 Beds
3 Baths
1,350 Sq Ft
$1,073/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,401,000 $1,038 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,210/month

13 Days on Market

Highlights

  • Water Views
  • Second Kitchen
  • No HOA
  • Wrightsville Beach Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of July 2023

Isn't it Time to Treat Yourself to a More Enjoyable and Relaxing Lifestyle! This is Island Living At it's Best! Situated alongside the Live Oak and Tropical tree-lined, lightly traveled, and highly coveted N Channel Drive of Shore Acres on Harbor Island, this amazing Wrightsville Beach Home consists of 4 Bedroom, 3 Bath in total and is currently functioning as a ''grandfathered'' Duplex. Whether your dream involves having your own private beach retreat, while taking advantage of the additional income produced by the separate unit or you prefer to convert this home to a Single Family residence, you have options..Enjoy a novel of choice, sipping your favorite beverage and waving at friendly neighbors strolling by as they walk ''The Loop'' or head for an afternoon at the beach or numerous other water recreation activities nearby. Two forward facing covered porches provide glimpses of Banks Channel and invigorating ocean breezes. And to the rear of the home, take in breathtaking sunsets over the beautiful marsh grasses of the islands interior, with an abundance of native wildlife including Osprey, Herons, Ibis, and many other waterfowl to observe. The home, consists of two cozy guest rooms, a full bath, full kitchen, living room, and spacious front porch on the second level. The Third level also offers a covered and spacious front porch, Two Bedrooms, Two Full Baths, a fully equipped kitchen with pantry and relaxing Living Room. There are many thoughtful finishes to enjoy that create a warm, coastal feel including Honduran Mahogany Porch Decking and Kitchen Ceiling. The third level porch is also wrapped with sliding doors to create an ''All Seasons'' space for entertaining. Beautiful Painted Original Pine Flooring flows through most of the living spaces and tiled bath flooring. The third floor features Terra Cotta Tile Work in the Kitchen and both Bathrooms.All rooms on both living floors have ceiling fans.

Last Agent to Sell the Property

Don Spiers

Intracoastal Realty Corp License #229315 Listed on: 06/11/2023

Intracoastal Realty Corp

Last Buyer's Agent

Pinpoint Properties

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,041

Year Built

  • Built in 1940

Lot Details

  • 4,008 Sq Ft Lot
  • Lot Dimensions are 50 x 80 x 50 x 80
  • Fenced Yard
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence

Home Design

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

Interior Spaces

  • 1,350 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Living Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Second Kitchen
  • Gas Oven
  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Shed

Schools

  • Wrightsville Beach Elementary School
  • Noble Middle School
  • Hoggard High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Shore Acres Subdivision

Listing and Financial Details

  • Tax Lot 162/163
  • Assessor Parcel Number R05720-003-003-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,041

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1940
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: See Remarks, Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 2nd Kitchen, Blinds/Shades, Ceiling Fan(s), Pantry
  • Laundry Location: Garage
  • List Price per Sq Ft: 1018.52
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Kitchen Level: Second
  • Living Room Level: Second
  • Sq Ft Heated: 1350.00
  • Total Heated Primary Separate Sq Ft: 1350.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shed(s), Shower, Storage
  • Fencing: Back Yard, Chain Link, Full, Wood
  • Foundation: Combination, Pilings, Slab
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Freezer, Microwave - Built-In, Range, Refrigerator, Stove/Oven - Electric, Stove/Oven - Gas, Washer
  • Cooling System: Central, Heat Pump
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 757.00
  • Lot Acres: 0.09
  • Lot Dimensions: 50 X 80 X 50 X 80
  • Lot Number: 162/163
  • Lot Sq Ft: 4008.00
  • Lot Water Features: None
  • Zoning: R-1

Tax Info

  • Tax Identifier: R05720-003-003-000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 4041.26

MLS Schools

  • Elementary School: Wrightsville Beach
  • High School: Hoggard
  • Middle School: Noble

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Jul 20, 2023
Sold by
Whitlock Lawrence M and Whitlock Priscilla L
Bought by
Hall Hinds David and Hall Claire Hinds
Seller's Agent
Don Spiers
Intracoastal Realty Corp
Buyer's Agent
Pinpoint Properties
Real Broker LLC
Sold Price
$1,401,000
Views
114
Current Estimated Value
$1,448,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,243
Avg. Annual Appreciation
4.78%
Original Mortgage
$950,000
Outstanding Balance
$928,811
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$615,783

Purchase Details

Closed on
Aug 30, 2002
Sold by
Carlovich Antionette
Bought by
Whitlock Lawrence M Priscilla

Purchase Details

Closed on
Feb 1, 2002
Sold by
Hoffman Harol Gerald Meisner
Bought by
Carlovich Antionette

Purchase Details

Closed on
Oct 27, 1997
Sold by
Hoffman Shirl J Claude M
Bought by
Hoffman Harol M

Purchase Details

Closed on
Mar 9, 1992
Sold by
Smith Dennis W Beverly C
Bought by
Hoffman Shirl J Harol M

Purchase Details

Closed on
Jun 1, 1988
Sold by
Colley Mrs Tommie Love
Bought by
Smith Dennis W Beverly C
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
Hall Hinds David $1,400,000 None Listed On Document
Whitlock Lawrence M Priscilla $318,000 --
Carlovich Antionette $293,500 --
Hoffman Harol M -- --
Hoffman Shirl J Harol M $120,000 --
Smith Dennis W Beverly C $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Hinds David $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,401,000 -- $1,038 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
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 $4,004 $738,400 $618,800 $119,600
2022 $4,041 $738,400 $618,800 $119,600
2021 $4,189 $738,400 $618,800 $119,600
2020 $3,431 $502,700 $328,600 $174,100
2019 $3,431 $502,700 $328,600 $174,100
2018 $3,431 $502,700 $328,600 $174,100
2017 $3,506 $502,700 $328,600 $174,100
2016 $3,112 $411,600 $282,200 $129,400
2015 $2,910 $411,600 $282,200 $129,400
2014 $2,828 $411,600 $282,200 $129,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100389113

Hive MLS

APN: R05720-003-003-000