NOT LISTED FOR SALE

2405 Zion Hill Rd SE Lockwoods Folly, NC 28422

Estimated Value: $78,517 - $302,000

2.04 Acres
$93,264 Price per Acre
88,862 Sq Ft Lot

Last Sold July 09, 2021

Last sale price $60,000

Est. 217% increase in value since last sale

Current estimated payment $1,036/month

2 Days on Market

Highlights

  • Boat Dock
  • 2.04 Acre Lot
  • Wooded Lot

About This Lot

As of July 2021

Beautiful wooded 2-acre lot in Olde South Banks Community. Property is close to Oak Island and Holden Beach, local access to Lockwood Folly River and Intracoastal Waterway. Olde South Banks Community is located near Virginia Williamson Elementary School and Carolina National Golf Club. Convenient to daily shopping and dining in a rural setting. Enjoy a quiet setting in a private waterfront community with easy access to Hwy 211 leading to Southport and Hwy 17 leading to the attractions of Myrtle Beach.

Last Agent to Sell the Property

Jerry Joe Woodby

Coastal ERA Listed on: 04/21/2021

Last Buyer's Agent

Jerry Joe Woodby

Coastal Lights Realty License #288992

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $242

Lot Details

  • 2.04 Acre Lot
  • Wooded Lot
  • Property is zoned CO-RR

HOA Fees

  • $10 Monthly HOA Fees

Schools

  • Virginia Williamson Elementary School
  • Cedar Grove Middle School
  • South Brunswick High School

Listing and Financial Details

  • Assessor Parcel Number 203707784274

Community Details

Overview

  • Olde South Banks Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$242

Lot Details

0

HOA Fees

$10 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 150

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock
  • HOAAssociationFee1Year: 125.00

Lot Info

  • Deed Page: 96.00
  • Lot Description: Wooded
  • Lot Sq Ft: 88862.00
  • Plat Book: 18
  • Plat Page: 83
  • Zoning: CO-RR
  • Acres: 2.04
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 29411.76
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 203707784274
  • Tax Year: 2020

MLS Schools

  • Elementary School: Virginia Williamson
  • High School: South Brunswick
  • Middle School: Cedar Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 6, 2021
Sold by
Spivey Paula J
Bought by
Johnson Gregg
Seller's Agent
Jerry Joe Woodby
Coastal ERA
Buyer's Agent
Jerry Joe Woodby
Coastal Lights Realty
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$190,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,259
Avg. Annual Appreciation
30.87%

Purchase Details

Closed on
May 3, 2021
Sold by
Melton Johnny and Melton Jennifer S
Bought by
Spivey Paula J

Purchase Details

Listed on
Sep 16, 2016
Closed on
Apr 19, 2018
Sold by
First Citizens Bank & Trust Company
Bought by
Melton Johnny
Seller's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Rob Warwick
Coldwell Banker Sea Coast Advantage
List Price
$47,777
Sold Price
$30,000
Premium/Discount to List
-$17,777
-37.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.84%

Purchase Details

Closed on
Jul 27, 2016
Sold by
Mccow Sheila V
Bought by
First Citizens Bank & Trust Co

Purchase Details

Closed on
Sep 16, 2005
Sold by
Watts Linda J and Watts Ronald M
Bought by
Mccown Sheila
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
Johnson Gregg $60,000 None Available
Spivey Paula J -- None Available
Melton Johnny $30,000 None Available
First Citizens Bank & Trust Co $40,400 None Available
Mccown Sheila $88,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2021 07/09/21 Sold $60,000 0.0% --
04/23/2021 04/23/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $60,000 +100.0% --
04/19/2018 04/19/18 Sold $30,000 -37.2% -- View Prior Sale
04/02/2018 04/02/18 Pending -- -- --
09/16/2016 09/16/16 For Sale $47,777 -- --
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 $242 $65,000 $65,000 $0
2024 $242 $65,000 $65,000 $0
2023 $156 $65,000 $65,000 $0
2022 $156 $28,000 $28,000 $0
2021 $154 $28,000 $28,000 $0
2020 $154 $28,000 $28,000 $0
2019 $154 $28,000 $28,000 $0
2018 $212 $40,000 $40,000 $0
2017 $207 $40,000 $40,000 $0
2016 $204 $40,000 $40,000 $0
2015 $204 $40,000 $40,000 $0
2014 $399 $88,000 $88,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100267507

Hive MLS

APN: 2010002017