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409 Canal Dr

Carolina Beach, NC 28428

3 bd 2 ba 1,550 sqft Built 2000 condos
Most recent sale
$925,000
Feb 6, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 6, 2024 Sold $925,000 NCRMLS
Dec 8, 2023 Listed $998,000 NCRMLS
Mar 9, 2018 Sold $450,000 NCRCapeFear
Oct 4, 2017 Sold $429,000 NCRCapeFear
Aug 9, 2017 Listed $429,000 NCRCapeFear
May 16, 2017 Sold $685,000 NCRCapeFear
Apr 9, 2008 Listed $459,900 NCRCapeFear
Apr 8, 2008 Sold $450,000 Public Record
Sep 26, 2005 Sold $685,000 Public Record
Sep 23, 2005 Listed $699,000 NCRCapeFear
Aug 1, 2002 Sold $290,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $926,600 $926,600 $2,334
2024 $926,600 $926,600 $3,179
2023 $464,200 $464,200 $3,086
2022 $464,200 $464,200 $3,110
2021 $464,200 $464,200 $3,202
2020 $402,600 $402,600 $3,220
2019 $402,600 $402,600 $3,220
2018 $380,600 $380,600 $2,968
2017 $380,600 $380,600 $3,025
2016 $288,600 $288,600 $2,476
2015 $288,600 $288,600 $2,334
2014 $288,600 $288,600 $2,277
2013 $288,600 $288,600 $2,277
2012 $288,600 $288,600 $2,277
2011 $179,760 $179,760 $3,289
2010 $513,601 $513,601 $3,289
2008 $513,601 $513,601 $3,222
2007 $513,601 $513,601 $3,055

Property facts

Year built
2000
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,550 sqft
Lot size
ZIP code
28428
City
Carolina Beach
Street
Canal Dr
Coordinates
34.03875, -77.89149

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
$5,550
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 Canal Dr last sell?
409 Canal Dr most recently sold on Feb 6, 2024 for $925,000.
What is the current tax assessment for 409 Canal Dr?
The most recent total assessment for 409 Canal Dr (year 2025) is $926,600 with $2,334 in property tax.
How does 409 Canal Dr's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $925,000.
When was 409 Canal Dr built?
409 Canal Dr was built in 2000.
How does 409 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 409 Canal Dr?
409 Canal Dr is a 3 bed, 2 bath, 1,550 sqft condos.
Is 409 Canal Dr a flip candidate?
No — 409 Canal Dr does not appear in our flips dataset.
Is 409 Canal Dr a tax-appeal candidate?
No — 409 Canal Dr is not currently flagged as a tax-appeal candidate.

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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