4 months on rocket

1111 Merchant Ln, Carolina Beach, NC, 28428

$1,995,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
4,446 SqFt
$449/SqFt
House

Location

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1111 Merchant Ln, Carolina Beach$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Off Street, Garage Faces Front
Attached Garage2 spaces
Year Built1999
HeatingFireplace(s), Heat Pump
CoolingCentral Air
Fireplace1
MLS #100458375
Lot Size0.33 Acres
StatusActive

About 1111 Merchant Ln

***Offering $30,000 credit toward interior painting***Nestled off the picturesque, tree-lined Saint Joseph's Street, you'll find the exclusive boating community of Saint Joseph's Place. This luxurious coastal retreat offers over 4,400 sq. ft. of sophisticated living space and includes not just one, but two private boat slips. On the ground level, the property features a spacious two-car garage with ample storage options, a 416 sq. ft. climate-controlled workshop perfect for projects or hobbies, and a versatile recreation room equipped with custom built-ins and a pool table. Whether you take the elegant stairs or the convenient 3-stop elevator to the main living area, you'll be greeted by the warmth of natural hardwood floors and a host of high-end upgrades. The updated kitchen boasts premium appliances, complemented by a formal dining room and a large living room that includes a gas log fireplace and impressive vaulted ceilings.The expansive screened-in porch off the main living area is a highlight, offering a serene setting for al fresco dining while overlooking the meticulously maintained grounds. The main level also features a luxurious primary suite that serves as a personal retreat, complete with a flexible sitting room, a generously sized bedroom, and a spa-like bathroom with a walk-in shower, a soaking tub, and a spacious walk-in closet.The upper level provides additional accommodations with three well-appointed bedrooms and two full bathrooms, ensuring plenty of space and comfort for family and guests. This home seamlessly blends modern luxury with coastal charm, making it an ideal haven for those seeking both elegance and convenience.Additional features and upgrades include, newer roof, electric hot water heater, epoxy floors in garage and Culligan Whole House Water Softener, all were replaced in 2020. In addition, a whole house generator was installed in 2021 along with one new HVAC in 2024!

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Stories: 3
  • Living Area: 4,446 SqFt

Listing Office:

  • Office Name: Nest Realty

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Oven, Water Softener, Refrigerator, Microwave, Generator, Disposal, Dishwasher, Electric Cooktop
  • Interior: 9Ft+ Ceilings, Smoke Detectors, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Kitchen Island, Generator Plug, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Off Street, Garage Faces Front

Virtual/3D Tour

  • 3D Tour: 1111 Merchant Ln
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Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 421 South to Carolina Beach. Turn left on Winner Ave (Hop Lite restaurant on the left), Turn Left on St Joseph St at the stop sign. Right onto Merchant Lane, LEFT at the stop sign. House on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $449/SqFt

Tax Information:

  • Annual Amount: $5,139
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Carolina Beach, NC.

Med. Sold Price

$620K

Med. Price/SqFt

$464

Avg. Days On Market

116

# of Sold Homes

11

1111 Merchant Ln vs Carolina Beach

140 DAYS ON ROCKET

+24 Days

$1,995,000

+$1.3M More

$449/SqFt

-$15 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $15/SqFt less than other homes in Carolina Beach, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100458375

Listing Office:

  • Office Name: Nest Realty

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,139$642,400
2019$5,010$642,400
2018$5,011$642,400
2017$3,982$642,400

History based on county public records data.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4494282
7
/10
  • Carolina Beach Elementary School

  • 400 Fourth St S

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-4494283
6
/10
  • Edwin A Anderson Elementary School

  • 455 Halyburton Memorial Pkwy

  • 3.83 miles

  • Public District Grades KG-5

school-card-donut-4494284
8
/10
  • Heyward C Bellamy Elementary School

  • 70 Sanders Rd

  • 5.41 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,981. Typical income of Carolina Beach, NC residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1111 Merchant Ln

What is the listing price of this property?

The listing price of 1111 Merchant Ln property is $1,995,000.

What type of property is this?

The property 1111 Merchant Ln is a house located in Carolina Beach, North Carolina, 28428.

Is this property for sale now?

Active Listing: 1111 Merchant Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,139 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1111 Merchant Ln has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 1111 Merchant Ln is 4,446 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1111 Merchant Ln is 1999.

Rocket Homes›North Carolina›New Hanover County›Carolina Beach›28428›1111 Merchant Ln

This home is located at 1111 Merchant Ln in Carolina Beach, NC and zip code 28428 in the Saint Joseph Place neighborhood. This 4,446 square foot home, which was built in 1999, sits on a 0.33 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $1,995,000.

While more than 0 listings in Carolina Beach, NC in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. Between October 2024 and November 2024, Carolina Beach, NC real estate market has seen increase in the number of listings by 4.5%. While the average time on the market in November 2024 was 116 days, the median list price was $620,000.

From Rocket Homes Real Estate and based on county public records data.

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