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407 Canal Dr

Carolina Beach, NC 28428

2 bd 2 ba 1,674 sqft Built 1974 Lot 5,180 sqft single_family
Most recent sale
$875,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $875,000 MLS #100324058
Apr 24, 2022 Listed $975,000 MLS #100324058
May 1, 1992 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $257,000 $777,400 $1,034,400 $3,472
2024 $257,000 $777,400 $1,034,400 $4,240
2023 $184,500 $434,600 $619,100 $4,117
2022 $184,500 $434,600 $619,100 $4,147
2019 $159,600 $307,800 $467,400 $3,739
2018 $159,600 $307,800 $467,400 $3,645
2017 $159,600 $307,800 $467,400 $3,715
2016 $121,400 $307,800 $429,200 $3,682
2013 $121,400 $307,800 $429,200 $3,386
2012 $121,400 $307,800 $429,200 $3,386
2011 $266,920 $266,920 $4,884
2010 $151,635 $611,000 $762,635 $4,884
2008 $151,635 $611,000 $762,635 $4,785
2007 $81,589 $470,000 $551,589 $4,643

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,674 sqft
Lot size
5,180 sqft
ZIP code
28428
City
Carolina Beach
Street
Canal Dr
Coordinates
34.03862, -77.89154

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Canal Dr last sell?
407 Canal Dr most recently sold on Jun 2, 2022 for $875,000.
What is the current tax assessment for 407 Canal Dr?
The most recent total assessment for 407 Canal Dr (year 2025) is $1,034,400 with $3,472 in property tax.
How does 407 Canal Dr's assessment compare to its last sale price?
The current assessment is 18.2% above the last sale price of $875,000.
When was 407 Canal Dr built?
407 Canal Dr was built in 1974.
How does 407 Canal Dr compare to others on Canal Dr?
We track 8 other properties on Canal Dr. Browse the list under "Other properties on Canal Dr" to compare beds, baths, and sale history.
What are the property facts for 407 Canal Dr?
407 Canal Dr is a 2 bed, 2 bath, 1,674 sqft, 5,180 sqft lot single_family.
Is 407 Canal Dr a flip candidate?
No — 407 Canal Dr does not appear in our flips dataset.
Is 407 Canal Dr a tax-appeal candidate?
Yes — 407 Canal Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$699K
2026 Q4
$702.4K
ZIP 28428 — Median Price History + Forecast

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