503 Shady Banks Rd Washington, NC 27889
Estimated payment $1,402/month
Total Views
22,151
2
Beds
1
Bath
1,265
Sq Ft
$189
Price per Sq Ft
Highlights
- Deeded Waterfront Access Rights
- Home fronts a canal
- No HOA
- Eastern Elementary School Rated A-
- Deck
- Formal Dining Room
About This Home
Tucked along a peaceful canal, this elevated cottage is full of charm, thoughtful upgrades, and exciting potential. With 2 bedrooms, 1 bathroom, and spanning 1,265 square feet, this property is a rare opportunity to create your dream waterfront retreat.Originally 750 sq ft, the home was lifted and extended to include a spacious primary suite and two garages below -- perfect for boat storage, a workshop, or added flexibility. The en suite primary bath is ready for your finishing touches, as the plumbing has already been roughed in -- giving you the opportunity to design the space exactly how you want it and easily convert the home into a 2-bed, 2-bath!Whether you're looking for a weekend escape, short-term rental, or a peaceful full-time residence, this canal-front property delivers on location and possibility. Enjoy the perks of a waterfront community, as you can launch your boat just down the street at the private community ramp, and reach the Washington Waterfront in under 15 minutes.Don't miss this second chance to transform a special setting into your perfect coastal getaway -- schedule your showing today!Back on the market due to no fault of the sellers. Property is located in AE flood zone.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,188
Year Built
- Built in 1900
Lot Details
- 0.32 Acre Lot
- Home fronts a canal
Home Design
- Brick Foundation
- Raised Foundation
- Wood Frame Construction
- Metal Roof
- Shake Siding
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,265 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Formal Dining Room
- Water Views
- Crawl Space
- Dishwasher
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Parking
- 2 Car Attached Garage
- Front Facing Garage
- Dirt Driveway
- Unpaved Parking
Outdoor Features
- Deeded Waterfront Access Rights
- Deck
- Screened Patio
- Porch
Schools
- Eastern Elementary School
- P.S. Jones Middle School
- Washington High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Tankless Water Heater
- Propane Water Heater
Community Details
- No Home Owners Association
- Shady Banks Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 36941
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,188 | $140,695 | $32,709 | $107,986 |
| 2023 | $1,166 | $140,695 | $32,709 | $107,986 |
| 2022 | $1,161 | $140,695 | $32,709 | $107,986 |
| 2021 | $879 | $101,157 | $32,709 | $68,448 |
| 2020 | $610 | $62,606 | $32,709 | $29,897 |
| 2019 | $600 | $62,606 | $32,709 | $29,897 |
| 2018 | $578 | $62,606 | $32,709 | $29,897 |
| 2017 | $540 | $63,456 | $32,710 | $30,746 |
| 2016 | $535 | $63,456 | $32,710 | $30,746 |
| 2015 | $467 | $0 | $0 | $0 |
| 2014 | $467 | $0 | $0 | $0 |
| 2013 | -- | $63,456 | $32,710 | $30,746 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | Price Changed | $239,000 | -4.0% | $189 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $249,000 | 0.0% | $197 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 05/17/2025 05/17/25 | Price Changed | $249,000 | -3.9% | $197 / Sq Ft |
| 02/26/2025 02/26/25 | Price Changed | $259,000 | -3.7% | $205 / Sq Ft |
| 11/24/2024 11/24/24 | Price Changed | $269,000 | -3.9% | $213 / Sq Ft |
| 10/31/2024 10/31/24 | For Sale | $280,000 | +176.4% | $221 / Sq Ft |
| 06/02/2020 06/02/20 | Sold | $101,300 | +1.4% | $135 / Sq Ft |
| 04/16/2020 04/16/20 | Pending | -- | -- | -- |
| 03/19/2020 03/19/20 | For Sale | $99,900 | -- | $133 / Sq Ft |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $101,500 | -- | |
| Deed | $65,000 | -- |
Source: Public Records
Similar Homes in Washington, NC
Source: Hive MLS
MLS Number: 100473748
APN: 5694-81-7226
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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