NOT LISTED FOR SALE

7 Banks Channel Surf City, NC 28445

Estimated Value: $958,000 - $1,903,000

2 Beds
3 Baths
1,469 Sq Ft
$976/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $1,350,000 $919 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,315/month

209 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Views of a Sound
  • Boat Lift
  • North Topsail Elementary School Rated 9+
  • Boat Dock
  • Home fronts a sound

About This Home

As of April 2022

Come and see this deep water ICW front beach house on Banks Channel before its gone! DEEDED BEACH ACCESS! Home has 4 bedrooms and 4 bathrooms, one bedroom/bathroom combo is downstairs, has a mini split, and is kept separate from the rest of the house for privacy. This property has a shared dock with the neighbor next door, your very own boat lift, and a floating dock. There is a screened in sun room/porch with ceiling fans for enjoying all the natural beauty of the sound. Metal roof was just put on in 2020 and the HVAC was replaced in 2014. Home is in an AE flood zone which makes for reasonable flood insurance, and it sits in the coveted Surf City/Topsail school district. Homeowner has paid for a beach butler (outside elevator) which will be installed in the next two weeks, concrete pad already in place. This beach house has been lovingly maintained, and updated with the times. Among other features it has gutters, all stainless steel appliances, neutral colors throughout, and custom tiled walk in showers with glass doors.

Last Agent to Sell the Property

Jordan Lanier

Teresa Batts Real Estate, LLC License #284136 Listed on: 08/09/2021

Co-Listed By

Katie Batson

Teresa Batts Real Estate, LLC License #286967

Last Buyer's Agent

John Toler

Ward Realty Corp License #207081

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,026

Year Built

  • Built in 1983

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 39'x256'x58'x305'
  • Property fronts a marsh
  • Home fronts a sound
  • Cul-De-Sac
  • Property is zoned R-2

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,469 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Attic Is Not Usable

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Deep Water Access
  • Boat Lift
  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 4213-60-6446-0000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,026

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 1983
  • Road Frontage Type: ICW Front, Sound Front, Marsh Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: No Access
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Walk-in Shower, Walk-In Closet, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 952.35
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Sq Ft Heated: 1469.00
  • Total Heated Primary Separate Sq Ft: 1469.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement, See Remarks
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered, Porch, Patio, Open, Enclosed, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central, See Remarks
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Jones-Onslow EMC
  • Utilities: Septic On Site
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 103.00
  • Lot Acres: 0.33
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 39'x256'x58'x305'
  • Lot Number: 7
  • Lot Sq Ft: 14375.00
  • Lot Water Features: Boat Dock, Sound Side, Water Depth 4+, Deeded Beach Access, Deeded Waterfront, Deeded Water Rights, Deeded Water Access, Boat Lift
  • Plat Book: 20
  • Plat Page: 18
  • Zoning: R-2
  • Lot View Type: ICW View, Water View, Sound View

Tax Info

  • Tax Identifier: 4213-60-6446-0000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Mar 18, 2022
Sold by
Lanier Vicki M and Lee Jimmy
Bought by
Schrader Mark A and Whichard Karen E
Seller's Agent
Jordan Lanier
Teresa Batts Real Estate, LLC
Buyer's Agent
John Toler
Ward Realty Corp
List Price
$1,499,000
Sold Price
$1,350,000
Premium/Discount to List
-$149,000
-9.94%
Current Estimated Value
$1,433,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,800
Avg. Annual Appreciation
-1.61%
Original Mortgage
$1,080,000
Outstanding Balance
$1,022,125
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$255,590

Purchase Details

Listed on
May 14, 2010
Closed on
Aug 8, 2012
Sold by
Schmidt Gregory P and Schmidt Donna L
Bought by
Lanier Vicki M
Seller's Agent
Fred Alexander
Bryson & Associates
Buyer's Agent
Fred Alexander
Bryson & Associates
List Price
$849,000
Sold Price
$650,000
Premium/Discount to List
-$199,000
-23.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
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
Schrader Mark A $1,350,000 None Listed On Document
Lanier Vicki M $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrader Mark A $1,080,000
Previous Owner Watts Jimmy L $519,000
Previous Owner Lanier Vicki M $582,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $1,350,000 -3.5% $919 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
08/25/2021 08/25/21 Price Changed $1,399,000 -6.7% $952 / Sq Ft
08/09/2021 08/09/21 For Sale $1,499,000 +130.6% $1,020 / Sq Ft
08/16/2012 08/16/12 Sold $650,000 -23.4% $442 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
05/14/2010 05/14/10 For Sale $849,000 -- $578 / 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 $6,026 $726,072 $502,985 $223,087
2023 $6,026 $726,072 $502,985 $223,087
2022 $5,355 $726,072 $502,985 $223,087
2021 $5,355 $726,072 $502,985 $223,087
2020 $5,355 $726,072 $502,985 $223,087
2019 $5,355 $726,072 $502,985 $223,087
2018 $4,061 $522,373 $413,280 $109,093
2017 $4,061 $522,373 $413,280 $109,093
2016 $4,009 $522,373 $413,280 $109,093
2015 $4,009 $522,373 $413,280 $109,093
2014 $3,053 $522,373 $413,280 $109,093
2013 -- $522,373 $413,280 $109,093
2012 -- $522,373 $413,280 $109,093
Source: Public Records

Agents Affiliated with this Home

  • Jordan Lanier

    Seller's Agent in 2022

    Jordan Lanier

    Teresa Batts Real Estate, LLC

    (910) 622-0071

    6 in this area

    205 Total Sales

    Jordan Lanier
    Section Image
  • Katie Batson

    Seller Co-Listing Agent in 2022

    Katie Batson

    Teresa Batts Real Estate, LLC

    (910) 622-0071

    7 in this area

    213 Total Sales

    Katie Batson
    Section Image
  • John Toler

    Buyer's Agent in 2022

    John Toler

    Ward Realty Corp

    (910) 389-6117

    6 in this area

    54 Total Sales

    John Toler
    Section Image

  • F

    Seller's Agent in 2012

    Fred Alexander

    Bryson & Associates

See All Agents

Map

Source: Hive MLS

MLS Number: 100285237

Hive MLS

APN: 4213-60-6446-0000

North Carolina Pender County Surf City 28445

7 Banks Channel, Surf City, NC

This home is located at 7 Banks Channel, Surf City, NC 28445 since 09 August 2021 and is currently estimated at $1,433,800, approximately $976 per square foot. This property was built in 1983. 7 Banks Channel is a home located in Pender County with nearby schools including North Topsail Elementary School, Topsail Middle School, and Topsail High School.

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