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501 Canal Dr

Carolina Beach, NC 28428

2 bd 2 ba 954 sqft Built 1983 condos
Most recent sale
$480,000
Jan 11, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2025 Listing removed $259,000 HiveMLS
Jan 11, 2024 Sold $480,000 NCRMLS
Jun 1, 2023 Sold $475,000 NCRMLS
May 3, 2023 Listed $470,000 NCRCapeFear
Sep 13, 2016 Sold $225,000 NCRCapeFear
Jun 10, 2016 Price changed $239,000 NCRCapeFear
May 4, 2016 Price changed $249,500 NCRCapeFear
Apr 2, 2016 Listed $259,000 NCRCapeFear
Jan 1, 2016 Listing removed $259,000 NCRCapeFear
Aug 12, 2015 Price changed $259,000 NCRCapeFear
Apr 7, 2015 Listed $279,000 NCRCapeFear
Jan 11, 2014 Listing removed $299,000 NCRCapeFear
Feb 5, 2013 Listed $299,000 NCRCapeFear
Oct 4, 2011 Listing removed $359,000 NCRCapeFear
Sep 21, 2010 Listed $359,000 NCRCapeFear

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $470,300 $470,300 $1,009
2024 $470,300 $470,300 $1,628
2023 $237,800 $237,800 $922
2022 $237,800 $237,800 $1,593
2021 $237,800 $237,800 $1,640
2020 $189,100 $189,100 $1,512
2019 $189,100 $189,100 $1,512
2018 $189,100 $189,100 $1,474
2017 $189,100 $189,100 $1,503
2016 $124,800 $124,800 $1,070
2015 $124,800 $124,800 $1,009
2014 $124,800 $124,800 $984
2013 $124,800 $124,800 $984
2012 $124,800 $124,800 $984
2011 $77,300 $77,300 $1,414
2010 $220,856 $220,856 $1,414
2008 $220,856 $220,856 $1,385
2007 $220,856 $220,856 $1,314

Property facts

Year built
1983
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
954 sqft
Lot size
ZIP code
28428
City
Carolina Beach
Street
Canal Dr
Coordinates
34.03960, -77.89116

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
$2,880
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Canal Dr last sell?
501 Canal Dr most recently sold on Jan 11, 2024 for $480,000.
What is the current tax assessment for 501 Canal Dr?
The most recent total assessment for 501 Canal Dr (year 2025) is $470,300 with $1,009 in property tax.
How does 501 Canal Dr's assessment compare to its last sale price?
The current assessment is 2.0% below the last sale price of $480,000.
When was 501 Canal Dr built?
501 Canal Dr was built in 1983.
How does 501 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 501 Canal Dr?
501 Canal Dr is a 2 bed, 2 bath, 954 sqft condos.
Is 501 Canal Dr a flip candidate?
No — 501 Canal Dr does not appear in our flips dataset.
Is 501 Canal Dr a tax-appeal candidate?
No — 501 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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