$249,000

503 Shady Banks Rd Washington, NC 27889

$2,957
Closing credit¹
2 beds
1 full
1,265 sqft
0.3 acres
$197 / sqft
House

Property details

About 503 Shady Banks Rd

SELLERS OFFERING $4,000 CREDIT with an acceptable offer for a buyer to USE AS THEY CHOOSE!! 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 less than 15-minutes 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 located in the AE flood zone.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump, Zoned
StatusAccepting Backup Offers
(Pending with Showings)
CoolingHeat Pump, Zoned
Size1,265 sqft
Lot size0.32 Acres
Year built1900
ParkingAttached, Unpaved, Garage Faces Front, Dirt
MLS #100473748
Attached garage2 spaces
WaterfrontWater Access

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Dishwasher, Electric Oven
  • Interior: Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: None
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Unpaved, Garage Faces Front, Dirt
  • Waterfront: Water Access
  • Heating: Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned
  • List Price: $249,000
  • Price/SqFt: $196
  • Annual Tax Amount: $1,188
  • Tax Year: 2024
  • 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.
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,265 SqFt
  • Lot Size: 0.32 Acres
  • MLS Number: 100473748
  • Office Name: Grimes Real Estate Group

IDX Copyright 2025 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: 6/15/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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503 Shady Banks Rd, Washington, NC 27889 - view of front of home with metal roof, a front lawn, stairs, an attached garage, and driveway

$249,000

503 Shady Banks Rd

$2,957

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$140,695$1,188
2023$140,695$1,166
2022$140,695$1,161
2021$101,157$879
2020$62,606$610
2018$62,606$-

History based on county public records data.

Nearby schools

10

Chocowinity Primary School

Public District PK-4

6.0 mi

606 Gray Rd

3

John C. TayloeElementary School

Public District 2-3

6.1 mi

910 Tarboro St

2

John Small Elementary School

Public District 4-5

7.7 mi

4103 Market Street Ext

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

16%
<35k
45%
35k-100k
28%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
6%
Single, with Kids
39%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
12%
18-34 yrs old
46%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dollar GeneralDollar General
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • LincolnLincoln
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 503 Shady Banks Rd

The listing price of 503 Shady Banks Rd property is $249,000.

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

Accepting Backup Offers: 503 Shady Banks Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 503 Shady Banks Rd are: Chocowinity Primary School (GreatSchools Rating 10/10), John C. TayloeElementary School (GreatSchools Rating 3/10), John Small Elementary School (GreatSchools Rating 2/10), Chocowinity Middle School (GreatSchools Rating 3/10), P. S. Jones Middle School (GreatSchools Rating 2/10), Bath Elementary School (GreatSchools Rating 6/10), Beaufort County Early College High School (GreatSchools Rating 10/10), Washington Montessori (GreatSchools Rating 5/10), Washington High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $1,188 (source: MLS/based on county public records data).

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

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

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

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 $249,000.

Over 0 listings were sold over their listed price in May 2025 in Washington, NC. In the same period over 13 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Washington, NC increased by 13.4% between April and May 2025. In May 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $285,000.

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

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