NOT LISTED FOR SALE

2887 Island Dr SE Lockwoods Folly, NC 28422

Estimated Value: $205,323 - $225,000

0.4 Acre
$537,905 Price per Acre
17,424 Sq Ft Lot

Last Sold May 25, 2018

Last sale price $109,500

Est. 96% increase in value since last sale

Current estimated payment $1,235/month

33 Days on Market

Highlights

  • 71 Feet of Waterfront
  • Gated Community
  • No HOA
  • Boat Dock
  • Clubhouse
  • Community Pool

About This Lot

As of May 2018

Beautiful WATERFRONT lot located on the Lockwood Folly River is the perfect place to build your dream home! Imagine sitting on your private dock, back deck or walk out basement to enjoying the serenity and wildlife of living on the river has to offer. The private gated community offers a club house, pool, tennis court, ponds, boat and RV storage and a boat ramp to complete a relaxing lifestyle. Located only miles from area beaches, golf and shopping.

Last Agent to Sell the Property

Tina Cox

Coldwell Banker Sea Coast Advantage Listed on: 02/28/2018

Last Buyer's Agent

Kenneth Nance

Only Way Realty Carolina Grand Strand Properties License #268553

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $352

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 77x247x71x226
  • 71 Feet of Waterfront
  • River Front
  • Cleared Lot
  • Property is zoned CO-R-755

Schools

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

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 217lc013

Community Details

Overview

  • No Home Owners Association
  • River Run Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$352

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 77
  • Water Frontage: 71.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Clubhouse, Dock, Gated Community, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Pool, Ramp, Storage Lot, Street Lights, Tax Comm Areas, Tennis

Lot Info

  • Deed Page: 322.00
  • Lot Dimensions: 77x247x71x226
  • Lot Number: 13
  • Lot Sq Ft: 17424.00
  • Plat Book: S
  • Plat Page: 315
  • Zoning: CO-R-755
  • Acres: 0.40
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 299750.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: 13

Tax Info

  • Tax Identifier: 217lc013
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 352.00

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
Feb 28, 2018
Closed on
May 23, 2018
Sold by
Karem Richard P and Karem Christine R
Bought by
Proctor Ii Richard E and Proctor Rebecca Crush
Seller's Agent
Tina Cox
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Kenneth Nance
Only Way Realty Carolina Grand Strand Properties
List Price
$119,900
Sold Price
$109,500
Premium/Discount to List
-$10,400
-8.67%
Current Estimated Value
$215,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,662
Avg. Annual Appreciation
9.36%

Purchase Details

Closed on
Apr 19, 2017
Sold by
Ocean Side Corp
Bought by
Karem Richard P and Karem Christine R
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
Proctor Ii Richard E $110,000 None Available
Karem Richard P $87,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $109,500 -8.7% --
04/02/2018 04/02/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $119,900 +37.8% --
06/19/2017 06/19/17 Sold $87,000 +2.4% --
03/28/2017 03/28/17 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 $0 $82,500 $82,500 $0
2021 $0 $82,500 $82,500 $0
2020 $350 $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: 100102946

Hive MLS

APN: 217LC013