NOT LISTED FOR SALE

244 Mulberry St Shallotte, NC 28470

2.61 Acres
-- Price per Acre
113,692 Sq Ft Lot

Last Sold October 11, 2019

Last sale price $55,000

515 Days on Market

About This Lot

As of October 2019

Owner said price to sell quickly at one third the $240,000 tax value. 2.61 Acres of commercial land on Mulberry St., 0.2 miles from Main St. in the center of Shallotte and 0.1 miles from the new Shallotte town park. Great visibility and so close to the central business district. Rectangular site ideal for a broad range of commercial and mixed uses.

Last Agent to Sell the Property

David Stuart

Sloane Commercial Listed on: 04/14/2018

Last Buyer's Agent

David Stuart

Prudential Laney Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 2.61 Acre Lot
  • Cleared Lot
  • Property is zoned SH-HB

Home Design

  • Mixed Use

Location

  • Urban Location

Schools

  • Virginia Williamson Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 197dc00701

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Mixed Use
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • 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, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 312.00
  • Lot Description: See Remarks, Urban
  • Lot Sq Ft: 113692.00
  • Lot Water Features: None
  • Zoning: SH-HB
  • Acres: 2.61
  • Current Use: Commercial
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 26436.78
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Undeveloped

Tax Info

  • Tax Identifier: 197dc00701
  • Tax Year: 2017

MLS Schools

  • Elementary School: Virginia Williamson
  • High School: West Brunswick
  • Middle School: Shallotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Bryan Powell Ii Timothy
Bought by
Tb Powell Capital Management Llc

Purchase Details

Listed on
Apr 14, 2018
Closed on
Oct 7, 2019
Sold by
Mulberry Street Land Llc
Bought by
Powell Timothy Bryan
Seller's Agent
David Stuart
Sloane Commercial
Buyer's Agent
David Stuart
Prudential Laney Real Estate
List Price
$99,000
Sold Price
$55,000
Premium/Discount to List
-$44,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 2015
Sold by
Access Storage Llc
Bought by
Mulberry St Land Llc

Purchase Details

Closed on
Feb 9, 2005
Sold by
Holmes Hubert L and Holmes Kimberly F
Bought by
Access Storage 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
Tb Powell Capital Management Llc -- W Richard Cox Cox Law Firm
Powell Timothy Bryan $55,000 None Available
Mulberry St Land Llc $225,000 None Available
Access Storage Llc $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powell Timothy Bryan $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $55,000 -44.4% --
09/11/2019 09/11/19 Pending -- -- --
04/14/2018 04/14/18 For Sale $99,000 -- --
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 -- $221,850 $221,850 $0
2024 $1,465 $221,850 $221,850 $0
2023 $1,908 $221,850 $221,850 $0
2022 $0 $225,640 $225,640 $0
2021 $1,805 $225,640 $225,640 $0
2020 $1,905 $225,640 $225,640 $0
2019 $1,905 $225,640 $225,640 $0
2018 $2,007 $240,120 $240,120 $0
2017 $2,018 $240,120 $240,120 $0
2016 $2,015 $240,120 $240,120 $0
2015 $2,015 $240,120 $240,120 $0
2014 $1,855 $232,760 $232,760 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Stuart

    Sloane Commercial

  • Kelly Stuart

    Buyer Co-Listing Agent in 2019

    Kelly Stuart

    Sun Coast Partners Commercial

    (910) 393-7275

    2 in this area

    3 Total Sales

    Kelly Stuart
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Map

Source: Hive MLS

MLS Number: 100110855

Hive MLS

APN: 197DC00701

North Carolina Brunswick County Shallotte 28470

244 Mulberry St, Shallotte, NC

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