NOT LISTED FOR SALE

1016 Old Folkstone Rd Sneads Ferry, NC 28460

Estimated Value: $1,115,653

1 Bed
1.5 Baths
1,200 Sq Ft
1.76 Acres

Highlights

  • Patio
  • Heating Available
  • Maintained Community
  • Studio bedroom

About This Home

As of June 2016

3 retail / office spaces for lease in North Shore Village Shopping Center in Sneads Ferry, just minutes from North Topsail Beach and fronting Old Folkstone Rd. which has heavy traffic to and from Camp Lejuene. 2 units are 1200 square feet, each has a bathroom. There is also an end unit, which is 1400 square feet with a bathroom. Lease rate is $10 per square foot per year. This would be a great place for entrepreneurial retail space or professional services office. Other tenants include a beauty salon, bagel shop, local pharmacy and a restaurant / bar. The center is behind CVS and at the main intersection in Sneads Ferry.

Last Agent to Rent the Property

Kenneth Fisher

RE/MAX Essential License #227264 Listed on: 01/11/2016

RE/MAX Essential

Last Renter's Agent

RANDY COX

RANDY COX PROPERTIES INC License #153058

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,017

Year Built

  • Built in 1999

Lot Details

  • 1.76

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • Studio bedroom

Parking

  • 20 Parking Spaces
  • Off-Street Parking

Schools

  • Dixon Elementary And Middle School
  • Dixon High School

Additional Features

  • Patio
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for lawn maint
  • No Smoking Allowed
  • Month-to-Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Maintained Community

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,017

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Pets: No
  • Owner Pays: Lawn Maint
  • Lease Rate: 1000.00
  • Lease Terms: Month-to-Month
  • Tenant Pays: Electricity
  • Authority To Lease: Yes
  • Leased Price Sq Ft: 0.83
  • Lease Price per Sq Ft: 0.83
  • Pet Deposit: No
  • Pet Fees: No
  • Security Deposit: No
  • Smoking: No

Listing Details

  • Property Type: D
  • Sub Type: Condominium
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: None
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 1
  • Studio Level: Main
  • Sq Ft Heated: 1200.00
  • Heated and Separate Living Space Sq Ft: 1200.00

Exterior Features

  • Exterior Features: None
  • Fencing: None
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved

Garage/Parking

  • Garage And Parking Driveway Spaces: 20.00
  • Parking Driveway: Off Street

Utilities

  • Fuel Tank: None
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Ext Bldg

MLS Schools

  • Elementary School: Dixon
  • High School: Dixon
  • Middle School: Dixon
  • School District: Onslow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2012
Sold by
First Troy Spe Llc
Bought by
Sneads Ferry Investments Llc
Current Estimated Value
$1,115,653

Purchase Details

Closed on
Mar 17, 2011
Sold by
North Shore Plaza Llc
Bought by
First Troy Spe Llc

Purchase Details

Closed on
Aug 28, 2007
Sold by
M & M Partnership
Bought by
North Shore Plaza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2005
Sold by
Rhue Properties Llc
Bought by
M & M Partnership
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sneads Ferry Investments Llc $500,000 None Available
First Troy Spe Llc $752,625 None Available
North Shore Plaza Llc -- None Available
M & M Partnership $1,400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Shore Plaza Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2016 06/14/16 Rented $1,000 0.0% --
05/15/2016 05/15/16 Under Contract -- -- --
01/11/2016 01/11/16 For Rent $1,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,017 $1,376,600 $308,000 $1,068,600
2024 $9,017 $1,376,600 $308,000 $1,068,600
2023 $9,017 $1,376,600 $308,000 $1,068,600
2022 $9,017 $1,376,600 $308,000 $1,068,600
2021 $5,526 $783,803 $308,000 $475,803
2020 $5,526 $783,803 $308,000 $475,803
2019 $5,526 $783,803 $308,000 $475,803
2018 $5,526 $783,803 $308,000 $475,803
2017 $5,206 $771,260 $308,000 $463,260
2016 $5,206 $771,260 $0 $0
2015 $5,206 $771,260 $0 $0
2014 $5,206 $771,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30532047

Hive MLS

APN: 055336