NOT LISTED FOR SALE

427 38th St Sunset Beach, NC 28468

Estimated Value: $1,028,000 - $1,201,000

0.1 Acre
$11,048,740 Price per Acre
4,356 Sq Ft Lot

Last Sold May 03, 2021

Last sale price $210,000

Est. 426% increase in value since last sale

Current estimated payment $6,179/month

102 Days on Market

About This Lot

As of May 2021

Have you dreamed of living on an Island, hearing the gentle sounds of the ocean waves, waking up to warm Carolina Sunshine, seeing the stars and the moon reflected on the water at night? Then this is THE Lot for you to build those dreams! Located on the West End of Sunset Beach Island on the 6th row and just a short walk to the Beach, Lot 4 is waiting for your builder to begin designing your new Beach Home or that 2nd Home you've always wanted to enjoy with family and friends. 38th Street is filled with friendly neighbors and a Sharing Library to borrow books for that lazy day with your toes in the sand. Join the local Turtle Watch Program and help hatchlings cross into the ocean safely. Visit Ingram Planetarium just across the Bridge on the Mainland offering wonderful Seasonal Programming. Kindred Spirit Mailbox on Bird Island is a leisurely walk to gather your inner most thoughts and share your journal with others. Biking, Boating, Kayaking, Fishing, Swimming - it's all here on Sunset Beach Island! You'll be minutes to the Fishing Village of Calabash and the Original Calabash Style Seafood Restaurants along the river's edge. All the Family Fun of Myrtle Beach, SC is just 30 minutes away! We're sure you'll love it here!

Last Agent to Sell the Property

Suzanne Frederick

Coldwell Banker Sea Coast Advantage License #270781 Listed on: 11/02/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Ryan Powers

ASAP Realty License #260766

Property Details

Property Type

  • Land

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x89x50x89
  • Cleared Lot
  • Property is zoned SB-BR-2

Schools

  • Jessie Mae Monroe Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot L-4
  • Assessor Parcel Number 263ae014

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 04447
  • Deed Page: 132.00
  • Lot Dimensions: 50x89x50x89
  • Lot Number: L-4
  • Lot Sq Ft: 4356.00
  • Zoning: SB-BR-2
  • Cleared Acres: 0.10
  • Acres: 0.10
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 2250000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: L-4

Tax Info

  • Tax Identifier: 263ae014
  • Tax Year: 2019
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Jessie Mae Monroe
  • High School: West Brunswick
  • Middle School: Shallotte
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 25, 2021
Sold by
Mayr John H
Bought by
Smith Gregory K and Smith Heather D
Seller's Agent
Suzanne Frederick
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Ryan Powers
ASAP Realty
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Current Estimated Value
$1,104,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$894,874
Avg. Annual Appreciation
42.59%
Original Mortgage
$548,250
Outstanding Balance
$498,346
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$606,528

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 16, 2020
Sold by
Magyar Paul L
Bought by
Mayr John H
Seller's Agent
David Nelson
CENTURY 21 Sunset Realty
Buyer's Agent
Suzanne Frederick
Coldwell Banker Sea Coast Advantage
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Gregory K $210,000 None Available
Mayr John H $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gregory K $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2021 05/03/21 Sold $210,000 -6.7% --
02/12/2021 02/12/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $225,000 +25.0% --
09/23/2020 09/23/20 Sold $180,000 0.0% -- View Prior Sale
08/22/2020 08/22/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $180,000 -- --
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 -- $933,900 $240,000 $693,900
2024 $4,888 $933,900 $240,000 $693,900
2023 $841 $857,420 $240,000 $617,420
2022 $0 $127,500 $127,500 $0
2021 $841 $127,500 $127,500 $0
2020 $841 $127,500 $127,500 $0
2019 $841 $127,500 $127,500 $0
2018 $844 $130,000 $130,000 $0
2017 $851 $130,000 $130,000 $0
2016 $849 $130,000 $130,000 $0
2015 $849 $130,000 $130,000 $0
2014 $1,817 $330,000 $330,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100244253

Hive MLS

APN: 263AE014