NOT LISTED FOR SALE

3542 Van Buren St SW Lockwoods Folly, NC 28462

Estimated Value: $384,000 - $424,489

0.5 Acre
$808,490 Price per Acre
21,780 Sq Ft Lot

Last Sold December 09, 2022

Last sale price $355,000

Est. 14% increase in value since last sale

Current estimated payment $2,220/month

62 Days on Market

Highlights

  • 108 Feet of Waterfront
  • River View
  • Community Pool
  • Community Boat Slip
  • Wooded Lot
  • Security Service

About This Lot

As of December 2022

Owner financing 25% down 5% interest only for 5 years, beautiful sunset views on Shallotte River in the gated community of River Bluff. Waterfront living with boat access not dependent on the tides. This is a gated community within Oyster Harbour. The natural setting and beautiful views makes this an ideal location to build your dream home. this lot has a fence around entire property. 4 bedroom septic tank and water meter is installed on lot

Last Agent to Sell the Property

Michael Hobbs

Hobbs Realty Sales LLC License #70816 Listed on: 08/24/2022

Last Buyer's Agent

Frances Warner

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $974

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 80x265x108x238
  • Property fronts a marsh
  • 108 Feet of Waterfront
  • River Front
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • River Views

Schools

  • Supply Elementary School
  • Cedar Grove Middle School
  • West Brunswick High School

Utilities

  • Water Rights
  • Water Tap Fee Is Paid
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2300006225

Community Details

Overview

  • Property has a Home Owners Association
  • River Bluff Estates Subdivision
  • Maintained Community

Recreation

  • Community Boat Slip
  • Community Pool

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$974

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 108.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: County Water, Septic On Site, Water Connected, Water Tap Paid

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Not Assign, Maint - Comm Areas, Pool, Security, Street Lights

Lot Info

  • Deed Book: 2158
  • Deed Page: 1203.00
  • Lot Description: Deeded Water Rights, Partially Cleared, Subdivision
  • Lot Dimensions: 80X265X108X238
  • Lot Number: 5
  • Lot Sq Ft: 21954.00
  • Zoning: Residential
  • Acres: 0.50
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 800000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, Wooded
  • Lot Number2: 5
  • Lot View Type: Marsh View, River View, Water View

Tax Info

  • Tax Identifier: 2300006225
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 97393.00
  • Total Real Estate Property Taxes: 973.93

MLS Schools

  • Elementary School: Supply
  • High School: West Brunswick
  • Middle School: Cedar Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Dec 6, 2022
Sold by
Hobbs Ventures Llc
Bought by
Wilson David Page and Wilson April Liley
Seller's Agent
Michael Hobbs
Hobbs Realty Sales LLC
Buyer's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
List Price
$450,000
Sold Price
$355,000
Premium/Discount to List
-$95,000
-21.11%
Views
70
Current Estimated Value
$404,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,245
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Oct 28, 2021
Sold by
H5 Construction Llc
Bought by
Invest Fgm Llc

Purchase Details

Closed on
Sep 27, 2021
Sold by
H5 Construction Llc
Bought by
Coastal Company Llc

Purchase Details

Closed on
Aug 27, 2020
Sold by
Hobbs Ventures Llc
Bought by
H5 Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Eight Eighty Ventures Llc
Bought by
Hobbs Michael L and Hobbs Robin P

Purchase Details

Closed on
May 6, 2005
Sold by
Roach Willaim A and Roach Jetty
Bought by
Eight Eighty Ventures Llc
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
Wilson David Page $355,000 None Listed On Document
Invest Fgm Llc -- --
Hobbs Ventures Llc -- --
Coastal Company Llc -- --
H5 Construction Llc $350,000 None Available
Hobbs Michael L $475,000 None Available
Eight Eighty Ventures Llc -- Prepared Without Opinion Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner H5 Construction Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $355,000 -11.3% --
10/25/2022 10/25/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $400,000 -2.4% --
09/21/2022 09/21/22 Price Changed $410,000 -3.5% --
09/14/2022 09/14/22 Price Changed $425,000 -5.6% --
08/24/2022 08/24/22 For Sale $450,000 -- --
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 -- $388,510 $345,450 $43,060
2024 $1,200 $345,450 $345,450 $0
2023 $974 $345,450 $345,450 $0
2022 $974 $197,400 $197,400 $0
2021 $974 $197,400 $197,400 $0
2020 $972 $197,400 $197,400 $0
2019 $972 $197,400 $197,400 $0
2018 $972 $197,400 $197,400 $0
2017 $729 $147,680 $147,680 $0
2016 $726 $147,680 $147,680 $0
2015 $726 $147,680 $147,680 $0
2014 $870 $194,400 $194,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100346556

Hive MLS

APN: 2300006225