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503 Shady Banks Rd, Washington, NC, 27889

$280,000

Home List Price

$3,325*

Closing Credit

2 Bedrooms
1 Full Bath
1,265 SqFt
$221/SqFt
House

Location

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503 Shady Banks Rd, Washington$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Unpaved, Garage Faces Front, Dirt
Attached Garage2 spaces
Year Built1900
HeatingHeat Pump, Zoned
CoolingHeat Pump, Zoned
WaterfrontWater Access
FireplaceNone
MLS #100473748
Lot Size0.32 Acres
StatusActive

About 503 Shady Banks Rd

Welcome to your own piece of paradise! This charming canal-front cottage features 2 bedrooms and 1 bathroom, perfectly elevated to capture stunning water views. Spanning 1,265 sq ft, this home has been thoughtfully expanded and upgraded from it's original 750 sq ft layout. After the home was lifted, it allowed for an addition of the master suite, and for two garages to be built underneath. During the construction, the hall guest bathroom was relocated and upgraded, a new septic system was installed, along with a new tankless water heater, and 2 mini split systems. While the master bathroom is still a work in progress, with the final plumbing fixtures in place, this home can be transformed into a 2-bed, 2-bath. This presents a unique opportunity for you to select finishes that reflect your personal taste and complete the space. The community enhances the waterfront lifestyle with a convenient boat ramp, providing easy access to the Pamlico River. Additionally, the Washington Waterfront is a 15-minute drive away. Don't miss the chance to customize this special home and create your ideal waterfront retreat. Schedule a visit today to experience it's full potential.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,265 SqFt

Listing Office:

  • Office Name: Grimes Real Estate Group

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Electric Oven, Electric Stove, Microwave
  • Interior: Ceiling - Vaulted, Smoke Detectors, Walk-In Closet, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Water Access

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Unpaved, Garage Faces Front, Dirt

Virtual/3D Tour

  • 3D Tour: 503 Shady Banks Rd
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Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned

Other

Directions Information:

  • Directions: Coming from over the bridge on Bridge St., turn right onto W. 3rd st., continue onto NC-32 N/Park Dr. and onto River Rd, then turn right onto Shady Banks Rd. Continue and the home will be on your left hand side after passing the canal. If you make it to the stop sign, you have gone too far.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $879
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Washington, NC.

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Washington, NC

City

Med. Sold Price

$275K

Med. Price/SqFt

$156

Avg. Days On Market

28

# of Sold Homes

19

503 Shady Banks Rd vs Washington

5 DAYS ON ROCKET

-23 Days

$280,000

+$5K More

$221/SqFt

+$65 More

KEY TAKEAWAY

This property is $5K more than the Median Sold Price and $65/SqFt more than other homes in Washington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100473748

Listing Office:

  • Office Name: Grimes Real Estate Group

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: 11/5/2024, 5:20:51 PM 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
2021$879$101,157
2020$610$62,606
2018 - $62,606

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-16745
9
/10

  • Chocowinity Primary School

  • 606 Gray Rd

  • 5.99 miles

  • Public District Grades PK-4

school-card-donut-16746
5
/10

  • John C Tayloe Elementary School

  • 910 Tarboro St

  • 6.14 miles

  • Public District Grades 2-3

school-card-donut-16747
6
/10

  • G. R. Whitfield School

  • 4839 School Rd

  • 11.86 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,162. Most Washington, NC residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Shady Banks Rd

What is the listing price of this property?

The listing price of 503 Shady Banks Rd property is $280,000.

What type of property is this?

The property 503 Shady Banks Rd is a house located in Washington, North Carolina, 27889.

Is this property for sale now?

Active Listing: 503 Shady Banks Rd 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 2021 is $879 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 Shady Banks Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 503 Shady Banks Rd is 1,265 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Shady Banks Rd is 1900.

Rocket Homes›North Carolina›Beaufort County›Washington›27889›503 Shady Banks Rd

This home is located at 503 Shady Banks Rd in Washington, NC and zip code 27889. This 1,265 square foot home, which was built in 1900, sits on a 0.32 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $280,000.

In October 2024 more than 2 listings in Washington, NC were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Washington, NC decreased by 2.8% between September 2024 and October 2024. The median list price of listings available in October 2024 was $275,000, while the average time on the real estate market was 28 days.

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

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