NOT LISTED FOR SALE

289 Okeechobee Rd Federal Point, NC 28412

Lords Creek Neighborhood

Estimated Value: $77,622 - $272,000

0.39 Acre
$448,233 Price per Acre
16,988 Sq Ft Lot

Last Sold September 14, 2022

Last sale price $69,000

Est. 153% increase in value since last sale

Current estimated payment $987/month

44 Days on Market

Highlights

  • 163 Feet of Waterfront
  • Home fronts a pond
  • Maintained Community
  • Edwin A. Anderson Elementary School Rated A-
  • Wooded Lot

About This Lot

As of September 2022

Ocean Forest Lakes Subdivision welcomes you to build your dream home within this incredible community. Take advantage of this rare opportunity to own a generously wooded and scenic lot surrounded by ponds. This property is the ideal location, offering a short drive to shopping centers, fine dining, professional offices, parks, and Carolina Beach. The schools are considered to be within walking distance of this pond front location. Just a few miles south of this property is the ever vast and growing Riverlights community which has announced millions of dollars in new development occurring in 2023. Carolina sunsets are calling your name from this premium vacant lot!

Last Agent to Sell the Property

Shane Register Team

Coldwell Banker Sea Coast Advantage-Midtown Listed on: 06/30/2022

Coldwell Banker Sea Coast Advantage-Midtown

Last Buyer's Agent

Carissa Kelley

Coldwell Banker Sea Coast Advantage-CB License #299019

Coldwell Banker Sea Coast Advantage-CB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $437

Lot Details

  • 0.39 Acre Lot
  • Home fronts a pond
  • 163 Feet of Waterfront
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned R-15

Property Views

  • Water Views

Schools

  • Anderson Elementary School
  • Murray Middle School
  • Ashley High School

Community Details

  • Property has a Home Owners Association
  • Ocean Forest Lakes Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number R08112-002-007-000

Property Details

Property Type

Land

Est. Annual Taxes

$437

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 161
  • Water Frontage: 163.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Roads, Mgmt Fee, Street Lights

Lot Info

  • Deed Book: 4438
  • Deed Page: 601.00
  • Lot Number: 12
  • Lot Sq Ft: 16945.00
  • Zoning: R-15
  • Acres: 0.39
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 192307.69
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 12

Tax Info

  • Tax Identifier: R08112-002-007-000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 437.45

MLS Schools

  • Elementary School: Anderson
  • High School: Ashley
  • Middle School: Murray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 13, 2022
Sold by
Quitos Family Trust
Bought by
Bentleys Vacation Properties Llc
Seller's Agent
Shane Register Team
Coldwell Banker Sea Coast Advantage-Midtown
Buyer's Agent
Carissa Kelley
Coldwell Banker Sea Coast Advantage-CB
List Price
$75,000
Sold Price
$69,000
Premium/Discount to List
-$6,000
-8%
Current Estimated Value
$174,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,811
Avg. Annual Appreciation
36.51%

Purchase Details

Closed on
Aug 4, 2004
Sold by
Quitos Arcadio S Jr Mely M
Bought by
Quitos Family Trust The

Purchase Details

Closed on
Jun 1, 1985
Sold by
Ocean Forest Lakes Assoc
Bought by
Quitos Arcadio S Jr Mely M

Purchase Details

Closed on
Nov 1, 1984
Bought by
Ocean Forest Lakes Assoc
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
Bentleys Vacation Properties Llc $69,000 --
Quitos Family Trust The -- --
Quitos Arcadio S Jr Mely M $25,000 --
Ocean Forest Lakes Assoc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $69,000 -8.0% --
08/13/2022 08/13/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $75,000 0.0% --
08/11/2022 08/11/22 Price Changed $75,000 +8.7% --
08/01/2022 08/01/22 Off Market $69,000 -- --
08/01/2022 08/01/22 For Sale $87,500 0.0% --
07/03/2022 07/03/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $87,500 -- --
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
2023 $417 $79,900 $79,900 $0
2022 $437 $79,900 $79,900 $0
2021 $437 $79,900 $79,900 $0
2020 $476 $75,200 $75,200 $0
2019 $476 $75,200 $75,200 $0
2018 $476 $75,200 $75,200 $0
2017 $487 $75,200 $75,200 $0
2016 $521 $75,200 $75,200 $0
2015 $484 $75,200 $75,200 $0
2014 $476 $75,200 $75,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100336458

Hive MLS

APN: R08112-002-007-000