506 Canal Dr
Carolina Beach, NC 28428
5 bd 4 ba 2,500 sqft Built 2023 Lot 6,273 sqft townhomes
Most recent sale
$346,000
Dec 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 8, 2026 | Listed | $1,284,000 | HiveMLS |
| Feb 21, 2025 | Sold | $1,275,000 | HiveMLS |
| Jan 3, 2025 | Sold | $1,200,000 | HiveMLS |
| May 10, 2024 | Listed | $1,490,000 | NCRMLS |
| Apr 1, 2024 | Listing removed | — | NCRMLS |
| Jan 11, 2024 | Price changed | $1,825,000 | NCRMLS |
| Oct 20, 2023 | Listed | $1,890,000 | NCRMLS |
| Dec 22, 2021 | Sold | $346,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,247,300 | $202,500 | $2,449,800 | $1,777 |
| 2024 | $2,247,300 | $202,500 | $2,449,800 | $7,013 |
| 2023 | $203,500 | $275,000 | $478,500 | $3,182 |
| 2021 | $60,500 | $275,000 | $335,500 | $2,314 |
| 2020 | $45,800 | $146,300 | $192,100 | $1,536 |
| 2019 | $45,800 | $146,300 | $192,100 | $1,536 |
| 2018 | $45,800 | $146,300 | $192,100 | $1,498 |
| 2017 | $45,800 | $146,300 | $192,100 | $1,527 |
| 2016 | $50,900 | $168,800 | $219,700 | $1,885 |
| 2015 | $50,900 | $168,800 | $219,700 | $1,777 |
| 2014 | $50,900 | $168,800 | $219,700 | $1,733 |
| 2013 | $50,900 | $168,800 | $219,700 | $1,733 |
| 2012 | $50,900 | $168,800 | $219,700 | $1,733 |
| 2011 | $161,560 | — | $161,560 | $2,956 |
| 2010 | $70,592 | $391,000 | $461,592 | $2,956 |
| 2008 | $70,592 | $391,000 | $461,592 | $2,896 |
| 2007 | $70,592 | $391,000 | $461,592 | $2,746 |
Property facts
Year built
2023
Property type
townhomes
Stories
3
Beds
5
Baths
4
Living area
2,500 sqft
Lot size
6,273 sqft
ZIP code
28428
City
Carolina Beach
Street
Canal Dr
Coordinates
34.03984, -77.89027
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,375
Gross rental yield
11.71%
Implied cap rate
7.61%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Canal Dr last sell?
506 Canal Dr most recently sold on Dec 22, 2021 for $346,000.
What is the current tax assessment for 506 Canal Dr?
The most recent total assessment for 506 Canal Dr (year 2025) is $2,449,800 with $1,777 in property tax.
How does 506 Canal Dr's assessment compare to its last sale price?
The current assessment is 608.0% above the last sale price of $346,000.
When was 506 Canal Dr built?
506 Canal Dr was built in 2023.
How does 506 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 506 Canal Dr?
506 Canal Dr is a 5 bed, 4 bath, 2,500 sqft, 6,273 sqft lot townhomes.
Is 506 Canal Dr a flip candidate?
No — 506 Canal Dr does not appear in our flips dataset.
Is 506 Canal Dr a tax-appeal candidate?
Yes — 506 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 valuationQuarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$699K
2026 Q4
$702.4K
ZIP 28428 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Canal Dr