NOT LISTED FOR SALE

2875 Island Dr SE Lockwoods Folly, NC 28422

Estimated Value: $260,000

0.37 Acre
$702,703 Price per Acre
16,117 Sq Ft Lot

Last Sold February 02, 2022

Last sale price $200,000

Est. 30% increase in value since last sale

Current estimated payment $1,535/month

1 Day on Market

Highlights

  • 83 Feet of Waterfront
  • Gated Community
  • Community Pool
  • Boat Dock
  • Clubhouse
  • Trails

About This Lot

As of February 2022

.Approximately 83' along the Lockwood Folly River homesite is now available for purchase! Finding that just right spot which forwards expansive views of the sunlight glistening off the water calls your names. Build your dream home in beautiful, amenity rich River Run Plantation Community, conveniently located just off Hwy 211 between Southport and Hwy 17. Enjoy being close to everything, yet away from the hustle and bustle of life. River Run has a swimming pool, boat launch, RV/Boat Storage lot, walking trails and more. Make deciding which beach to visit first your hardest choice day, come on and take a look.

Last Agent to Sell the Property

Brooke Rudd-Gaglie

Margaret Rudd Assoc/O.I. Listed on: 12/17/2021

Last Buyer's Agent

Leah Rasa Love

Oak Island Real Estate Company, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $418

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80x199x83x204
  • 83 Feet of Waterfront
  • Property fronts a private road
  • Sloped Lot
  • Cleared Lot
  • Property is zoned CO-R-7500

HOA Fees

  • $55 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 217lc015

Community Details

Overview

  • Master Insurance
  • Cams HOA, Phone Number (910) 256-2021
  • River Run Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$418

Lot Details

0

HOA Fees

$55 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 80
  • Water Frontage: 83.29

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Dock, Gated Community, Maint - Comm Areas, Master Insure, Mgmt Fee, Pool, Storage Lot, Trails
  • Annual HOA: 664.00
  • HOA Company: CAMS
  • HOA Phone: 910-256-2021

Lot Info

  • Deed Book: 4181
  • Deed Page: 325.00
  • Lot Dimensions: 80x199x83x204
  • Lot Number: 15
  • Lot Sq Ft: 16270.00
  • Plat Book: S
  • Plat Page: 315
  • Special Assessments: none known at this time
  • Zoning: CO-R-7500
  • Acres: 0.37
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 581081.08
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Sloped
  • Lot Number2: 15

Tax Info

  • Tax Identifier: 217lc015
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 418.26

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
Dec 17, 2021
Closed on
Jan 14, 2022
Sold by
Franco Living Trust
Bought by
Imes Gary Allen and Imes Carla Joan
Seller's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
Buyer's Agent
Leah Rasa Love
Oak Island Real Estate Company, Inc.
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,000
Avg. Annual Appreciation
7.44%

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 5, 2019
Sold by
Potter Robin B and Potter Lisa J
Bought by
Franco Marc J A and Franco Amy M
Seller's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
Buyer's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 7, 2017
Sold by
Ocean Side Corp
Bought by
Potter Robin B and Potter Lisa J
Seller's Agent
Team Rieber
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.72%
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
Imes Gary Allen $200,000 Gedding & Kleva Pllc
Franco Marc J A $125,000 None Available
Potter Robin B $80,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $200,000 -7.0% --
12/18/2021 12/18/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $215,000 +72.0% --
03/19/2019 03/19/19 Sold $125,000 -3.8% --
01/06/2019 01/06/19 Pending -- -- --
11/09/2018 11/09/18 For Sale $130,000 +62.5% --
03/13/2017 03/13/17 Sold $80,000 -5.9% --
02/17/2017 02/17/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $85,000 -- --
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
2024 $755 $215,000 $215,000 $0
2023 $420 $215,000 $215,000 $0
2022 $420 $82,500 $82,500 $0
2021 $0 $82,500 $82,500 $0
2020 $418 $82,500 $82,500 $0
2019 $418 $82,500 $82,500 $0
2018 $358 $70,000 $70,000 $0
2017 $352 $70,000 $70,000 $0
2016 $350 $70,000 $70,000 $0
2015 $350 $70,000 $70,000 $0
2014 $707 $157,500 $157,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100305081

Hive MLS

APN: 217LC015