NOT LISTED FOR SALE

1644 Back Bay Dr SW Shallotte, NC 28470

Estimated Value: $525,000

0.18 Acre
$2,916,667 Price per Acre
7,815 Sq Ft Lot

Last Sold December 30, 2022

Last sale price $47,500

Est. 1,005% increase in value since last sale

Current estimated payment $2,930/month

799 Days on Market

Highlights

  • Boat Dock
  • Creek or Stream View
  • Property fronts a marsh
  • Union Elementary School Rated A-
  • Trails
  • Maintained Community

About This Lot

As of December 2022

LARGE CORNER LOT available in this gorgeous waterfront community. Elegant brick paver streets, nature park with fresh water pond with pier, Additional pier and dock at the creek access, ICW overlook, fire-pit and walking trails. Great walking community. 1,600' heated min. 1-mile from new state maintained boat ramp into ICW.

Last Agent to Sell the Property

The Cheek Team

Keller Williams Innovate-OIB Island Listed on: 05/11/2020

Keller Williams Innovate-OIB Island

Co-Listed By

Larry Cheek

Keller Williams Innovate-OIB Island

Last Buyer's Agent

Blake Frazier

Fonville Morisey & Barefoot License #152079

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $215

Lot Details

  • 7,815 Sq Ft Lot
  • Lot Dimensions are 162x95x83x74x68
  • Property fronts a marsh
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned CO-R-7500

HOA Fees

  • $73 Monthly HOA Fees

Property Views

  • Creek or Stream Views

Schools

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

Listing and Financial Details

  • Tax Lot #47
  • Assessor Parcel Number 244cd047

Community Details

Overview

  • Tidewater At Ocean Isle Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$215

Lot Details

0

HOA Fees

$73 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Private
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 162

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Water Tap Available, Sewer Tap Available, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Sidewalk, Trail(s), Taxes, Street Lights, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 878.02

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 585.00
  • Lot Description: Subdivision
  • Lot Dimensions: 162X95X83X74X68
  • Lot Number: #47
  • Lot Sq Ft: 7815.00
  • Lot Water Features: Third Row
  • Plat Book: 92
  • Plat Page: 88
  • Zoning: CO-R-7500
  • Acres: 0.18
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 332777.78
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: #47
  • Lot View Type: Creek View, Marsh View

Tax Info

  • Tax Identifier: 244cd047
  • Tax Year: 2019
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Dec 29, 2022
Sold by
24 Holdings Llc
Bought by
Regency Homes Inc
Seller's Agent
The Cheek Team
Keller Williams Innovate-OIB Island
Buyer's Agent
Blake Frazier
Fonville Morisey & Barefoot
List Price
$59,900
Sold Price
$47,500
Premium/Discount to List
-$12,400
-20.7%
Current Estimated Value
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,500
Avg. Annual Appreciation
143.48%
Original Mortgage
$400,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2022
Sold by
Edgewater Property Group Llc
Bought by
24 Holdings Llc

Purchase Details

Closed on
Mar 29, 2022
Sold by
Cottages At Tidewater Llc
Bought by
Edgewater Property Group Llc

Purchase Details

Closed on
Jun 1, 2013
Bought by
Edgewater Property Group Llc

Purchase Details

Closed on
Sep 30, 2010
Sold by
Crm Mid Atlantic Properties Llc
Bought by
Nc Properties I Llc
Source: Public Records

Range of Values:

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Average Value
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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
Regency Homes Inc $90,000 --
24 Holdings Llc $47,500 --
Edgewater Property Group Llc -- None Listed On Document
Edgewater Property Group Llc -- --
Nc Properties I Llc $1,173,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Regency Homes Inc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $47,500 -20.7% --
07/19/2022 07/19/22 Pending -- -- --
04/12/2021 04/12/21 For Sale $59,900 0.0% --
04/12/2021 04/12/21 Price Changed $59,900 +26.1% --
03/16/2021 03/16/21 Off Market $47,500 -- --
05/11/2020 05/11/20 For Sale $54,900 -- --
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 $215 $439,980 $57,000 $382,980
2024 $215 $57,000 $57,000 $0
2023 $166 $57,000 $57,000 $0
2022 $166 $30,000 $30,000 $0
2021 $164 $30,000 $30,000 $0
2020 $164 $30,000 $30,000 $0
2019 $164 $30,000 $30,000 $0
2018 $199 $37,500 $37,500 $0
2017 $194 $37,500 $37,500 $0
2016 $192 $37,500 $37,500 $0
2015 $131 $25,000 $25,000 $0
2014 $276 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100216962

Hive MLS

APN: 244CD047