NOT LISTED FOR SALE

314 River Dr Southport, NC 28461

Estimated Value: $1,340,000 - $2,867,565

0.79 Acres
$2,663,529 Price per Acre
34,543 Sq Ft Lot

Last Sold June 16, 2023

Last sale price $1,230,000 $558 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,249/month

3 Days on Market

Highlights

  • Sandy Beach
  • 0.79 Acre Lot
  • Wooded Lot
  • Southport Elementary School Rated 9+

About This Lot

As of June 2023

Breathtaking views of the Cape Fear River abound from this large waterfront lot in beautiful Southport, NC. River Drive is a peaceful street just moments from all the restaurants and shops of downtown Southport. Enjoy the laid back vibe of this historic town. Standing under the shade of the majestic oaks, looking out across the expansive views of the Cape Fear River, there is always something to see...from the Bald Head Island Lighthouse to the ferry running folks back and forth, to the large ships making their way to the Port of Wilmington. Recent enhancements to the property include the demo and removal of the former home, the installation of a brand new sea wall with stairs down to the sand beach. This is one of the few waterfront lots that is not in the flood plain. Don't miss this opportunity to build your dream home here.

Last Agent to Sell the Property

David Ridgway

Ridgway Realty License #140969 Listed on: 05/05/2023

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • 34,543 Sq Ft Lot
  • Sandy Beach
  • Wooded Lot
  • Property is zoned R-10

Schools

  • Brunswick County Schools Elementary And Middle School
  • Brunswick County Schools High School

Property Details

Property Type

Land

Lot Details

0.79 Acres

Listing Details

  • Prop. Type: Land
  • Subdivision Name: Not in a Subdivision
  • Sewer:Public Sewer: Yes
  • Lot Water Features Beach Sandy: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • General Property Information Lot Size Acres: 0.793
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.79

Utilities

  • Utilities: None

Schools

  • Ninth Grade High School: Brunswick County Schools
  • Middle Or Junior School: Brunswick County Schools

Lot Info

  • Zoning: R-10
  • Current Use: Vacant
  • Lot Size Sq Ft: 34543.08
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 6, 2021
Sold by
Matthews Ronnie B and Matthews Sharon T
Bought by
Dyer Barry and Dyer Felecia
Seller's Agent
Jeremy Phillips
Coastal Legacy Real Estate LLC
Buyer's Agent
David Ridgway
Ridgway Appraisal Company
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%
Current Estimated Value
$2,104,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,004,188
Avg. Annual Appreciation
15.04%

Purchase Details

Closed on
Feb 18, 2020
Sold by
Lothrop Paul B and Lothrop Amy M
Bought by
Matthews Ronnie B and Matthews Sharon T

Purchase Details

Closed on
Jun 15, 2003
Sold by
Dyer Barry and Dyer Felecia
Bought by
Lofton Robert J and Lofton Lisa A

Purchase Details

Closed on
Oct 1, 2001
Bought by
Lothrop Paul B Et Amy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dyer Barry $1,100,000 None Available
Matthews Ronnie B $750,000 None Available
Lofton Robert J $1,230,000 None Listed On Document
Lofton Robert J $1,230,000 None Listed On Document
Lothrop Paul B Et Amy M $510,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $1,230,000 -- --
06/16/2023 06/16/23 Sold $1,230,000 -4.7% $558 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $1,290,000 +17.3% $585 / Sq Ft
08/10/2021 08/10/21 Sold $1,100,000 -21.4% $499 / Sq Ft View Prior Sale
07/30/2021 07/30/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $1,400,000 -- $635 / Sq Ft
Source: Doorify MLS

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 -- $2,055,400 $1,000,000 $1,055,400
2024 $66 $1,198,600 $1,000,000 $198,600
2023 $4,163 $1,000,000 $1,000,000 $0
2022 $0 $450,000 $450,000 $0
2021 $0 $450,000 $450,000 $0
2020 $6,341 $722,450 $450,000 $272,450
2019 $6,341 $458,670 $450,000 $8,670
2018 $5,640 $458,850 $450,000 $8,850
2017 $5,615 $458,850 $450,000 $8,850
2016 $5,238 $458,850 $450,000 $8,850
2015 $5,238 $653,790 $450,000 $203,790
2014 $6,127 $814,027 $640,000 $174,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2509397

Doorify MLS

APN: 238GA00101

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