NOT LISTED FOR SALE

1295 Village Point Rd SW Shallotte, NC 28470

Estimated Value: $553,000

44.51 Acres
$12,424 Price per Acre
1,938,856 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $325,000

Est. 70% increase in value since last sale

Current estimated payment $3,190/month

661 Days on Market

Highlights

  • 44.51 Acre Lot
  • Wooded Lot
  • No HOA
  • Union Elementary School Rated A-

About This Lot

As of September 2023

Investor/ Developer opportunity for 44.5 acre residential subdivision or mixed-use development in the Town of Shallotte, the commercial hub of the South Brunswick Islands. Just 0.3 miles to the Shallotte River, one mile from the Intracoastal Waterway and a short ride to Ocean Isle Beach, NC. Public water & sewer front property which has 2,900 ft. fronting Village Road. Zoned SH-R-10 which allows up to 178 residential lots.Coastal Walk Marketplace is currently under construction at the intersection of Main Street & Smith Avenue in Shallotte which proposes to feature Ulta, Ross, Marshalls, PetSmart, Hobby Lobby and Rack Room. The Shallotte Riverfront Redevelopment Project is currently in the permitting process and will provide new riverfront retail, restaurant and office space attracting locals and tourists alike traveling the Main Street corridor.

Last Agent to Sell the Property

Kelly Stuart

CBC Sun Coast Partners, LLC License #290969 Listed on: 05/05/2020

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Lot Details

  • 44.51 Acre Lot
  • Wooded Lot
  • Property is zoned SH-R-10

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 23000050

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 2380

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Town of Shallotte
  • Service Providers Water Provider: Town of Shallotte
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 841.00
  • Lot Sq Ft: 1938856.00
  • Plat Book: 0071
  • Plat Page: 0065
  • Zoning: SH-R-10
  • Acres: 44.51
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 7299.48
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 23000050
  • Tax Year: 2019

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Aug 29, 2023
Sold by
Shallotte Real Estate Llc
Bought by
1295 Village Point Road Llc
Seller's Agent
Kelly Stuart
CBC Sun Coast Partners, LLC
Buyer's Agent
A Non Member
A Non Member
List Price
$324,900
Sold Price
$325,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$553,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,000

Purchase Details

Listed on
Jan 4, 2012
Closed on
Oct 3, 2012
Sold by
Carolina Xlii Properties St Ltd
Bought by
Shallotte Real Estate Llc
Seller's Agent
David Stuart
Coldwell Banker Sloane
Buyer's Agent
David Stuart
Prudential Laney Real Estate
List Price
$775,000
Sold Price
$150,000
Premium/Discount to List
-$625,000
-80.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
May 5, 2011
Sold by
Milligan Jean P and Milligan Laralee J
Bought by
Carolina Xlii Property Trust Ltd

Purchase Details

Closed on
Jun 12, 2007
Sold by
Milligan Jean P and Milligan Laralee J
Bought by
Prodev Lxii Llc
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
1295 Village Point Road Llc $325,000 None Listed On Document
Shallotte Real Estate Llc $150,000 None Available
Carolina Xlii Property Trust Ltd $400,000 None Available
Prodev Lxii Llc -- Chain Of Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $325,000 0.0% --
02/25/2022 02/25/22 Pending -- -- --
05/05/2020 05/05/20 For Sale $324,900 +116.6% --
10/10/2012 10/10/12 Sold $150,000 -80.6% -- View Prior Sale
09/17/2012 09/17/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $775,000 -- --
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 -- $475,130 $471,810 $3,320
2024 $3,189 $475,130 $471,810 $3,320
2023 $3,885 $475,130 $471,810 $3,320
2022 $3,885 $453,060 $449,550 $3,510
2021 $3,870 $453,060 $449,550 $3,510
2020 $0 $453,060 $449,550 $3,510
2019 $3,870 $453,060 $449,550 $3,510
2018 $4,016 $475,600 $471,810 $3,790
2017 $4,034 $475,600 $471,810 $3,790
2016 $4,021 $475,600 $471,810 $3,790
2015 $4,021 $475,600 $471,810 $3,790
2014 $5,162 $645,018 $640,940 $4,078
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kelly Stuart

    CBC Sun Coast Partners, LLC

  • A

    Buyer's Agent in 2023

    A Non Member

    A Non Member

  • D

    Seller's Agent in 2012

    David Stuart

    Coldwell Banker Sloane

See All Agents

Map

Source: Hive MLS

MLS Number: 100216066

Hive MLS

APN: 23000050

North Carolina Brunswick County Shallotte 28470

1295 Village Point Rd SW, Shallotte, NC

This home is located at 1295 Village Point Rd SW, Shallotte, NC 28470 since 05 May 2020 and is currently priced at $553,000. 1295 Village Point Rd SW is a home located in Brunswick County with nearby schools including Union Elementary School, Shallotte Middle School, and West Brunswick High School.

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC

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