NOT LISTED FOR SALE

2505 Gator Ln SW Lockwoods Folly, NC 28462

Estimated Value: $215,000

0.54 Acre
$398,148 Price per Acre
23,522 Sq Ft Lot

Last Sold September 22, 2022

Last sale price $130,000

Est. 65% increase in value since last sale

Current estimated payment $1,175/month

395 Days on Market

Highlights

  • 122 Feet of Waterfront
  • Wooded Lot
  • Marsh on Lot
  • Wetlands on Lot
  • No HOA

About This Lot

As of September 2022

TWO ICW LOTS PRICED TO SELL TOGETHER! 2505 Gator Ln (Lot 14) and 2495 Gator Ln(Lot 15) to be sold as one! AFFORDABILITY IS KEY WITH THESE ICW LOTS! Take advantage now of this golden opportunity to plan your coastal home at such a great price. The Gator Grant community near Holden Beach has a community pier(optional membership) and provides a serene setting to enjoy your favorite fun activities on the water at an AFFORDABLE PRICE. Gorgeous views of the Intracoastal Waterway.

Last Agent to Sell the Property

Harriet Hemphill

Coldwell Banker Sloane License #221068 Listed on: 02/05/2021

Coldwell Banker Sloane

Last Buyer's Agent

Harriet Hemphill

Coldwell Banker Sloane License #221068 Listed on: 02/05/2021

Coldwell Banker Sloane

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $487

Lot Details

  • 0.54 Acre Lot
  • 122 Feet of Waterfront
  • Rural Setting
  • Sloped Lot
  • Wooded Lot
  • Marsh on Lot
  • Property is zoned R-15

Schools

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

Additional Features

  • Water Views
  • Co-Op Water

Listing and Financial Details

  • Tax Lot L-14 & 15
  • Assessor Parcel Number 231kf014

Community Details

Overview

  • No Home Owners Association
  • Gators Grant Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Access to marsh
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$487

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Unpaved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 194
  • Water Frontage: 122.00

Utilities

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

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 1019
  • Deed Page: 793.00
  • Lot Description: Rural, Subdivision, Wetlands, Wooded
  • Lot Number: L-14 & 15
  • Lot Sq Ft: 23522.00
  • Lot Water Features: Salt Marsh, Water Access Comm
  • Plat Book: 1019
  • Plat Page: 793
  • Special Assessments: none known
  • Zoning: R-15
  • Acres: 0.54
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 268518.52
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Marsh/Wetland, Sloped, Wooded
  • Lot Number2: L-14 & 15

Tax Info

  • Tax Identifier: 231kf014
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 487.26
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Supply
  • High School: West Brunswick
  • High School2: Early College
  • Middle School: Shallotte
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Madison Trust Company and King Robert Otis
Bought by
King Robert Otis and King Victoria Davis
Current Estimated Value
$215,000

Purchase Details

Closed on
Feb 1, 1995
Bought by
Pope Robert E
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
King Robert Otis -- None Listed On Document
Pope Robert E $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $130,000 -10.3% --
03/07/2022 03/07/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $145,000 +11.5% --
12/20/2021 12/20/21 Off Market $130,000 -- --
08/12/2021 08/12/21 For Sale $139,000 0.0% --
06/10/2021 06/10/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $139,000 -- --
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 -- $105,000 $105,000 $0
2024 $377 $105,000 $105,000 $0
2023 $489 $105,000 $105,000 $0
2022 $0 $97,500 $97,500 $0
2021 $487 $97,500 $97,500 $0
2020 $487 $97,500 $97,500 $0
2019 $487 $97,500 $97,500 $0
2018 $548 $110,000 $110,000 $0
2017 $546 $110,000 $110,000 $0
2016 $544 $110,000 $110,000 $0
2015 $544 $110,000 $110,000 $0
2014 $895 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100255540

Hive MLS

APN: 231KF014