NOT LISTED FOR SALE

427 Gray Bridge Rd SW Shallotte, NC 28470

Estimated Value: $251,000 - $277,000

0.26 Acre
$1,022,204 Price per Acre
11,326 Sq Ft Lot

Last Sold September 24, 2019

Last sale price $11,000

Est. 2,411% increase in value since last sale

Current estimated payment $1,611/month

300 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Level Lot

About This Lot

As of September 2019

Affordable homesite within minutes of Shallotte and Holden Beach. This lot is located in the private community of Sherrow River Estates with no HOA Fees and has access to municipal water and sewer. The community is also restricted to Modular and Stick Built homes. Shallotte is the center of commerce of Southern Brunswick County offering easy access to shopping, dining, medical, and parks. Holden Beach is a short 10 minute drive offering recreational activities and the Intracoastal Waterway.Centrally located between Wilmington NC and Myrtle Beach SC. Adjacent lot is also available.

Last Agent to Sell the Property

Amanda Enzor

Coldwell Banker Sea Coast Advantage Listed on: 11/01/2018

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Christine Luciano

Margaret Rudd Assoc/O.I. License #297951

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,734

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150x75x150
  • Level Lot
  • Wooded Lot
  • Property is zoned SH-R-10

Schools

  • Supply Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • No Home Owners Association
  • Sherrow River Estate Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 010

Property Details

Property Type

Land

Est. Annual Taxes

$1,734

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
  • Total Road Frontage: 74

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Town of Shallotte
  • Service Providers Water Provider: Town of Shallotte
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities, See Remarks

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 449.00
  • Lot Description: Subdivision
  • Lot Dimensions: 75x150x75x150
  • Lot Number: 10
  • Lot Sq Ft: 11250.00
  • Plat Book: Q
  • Plat Page: 305
  • Zoning: SH-R-10
  • Acres: 0.26
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 50000.00
  • Soil Evaluation Other: Sewer Available
  • Topography: Level, Wooded
  • Lot Number2: 10

Tax Info

  • Tax Identifier: 010
  • Tax Year: 2017
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Supply
  • High School: West Brunswick
  • Middle School: Shallotte
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Brunswick County Habitat For Humanity In
Bought by
Butler Dinah L
Current Estimated Value
$276,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Outstanding Balance
$110,233
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$138,404

Purchase Details

Closed on
Sep 28, 2022
Sold by
Bill Clark Homes Of Wilmington Llc
Bought by
Fernald Robert S and Tammaro Tara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,036,700
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2018
Closed on
Sep 19, 2019
Sold by
Sanders Roderick D
Bought by
Burnswick Cnty Habitat For Humanity Inc
Seller's Agent
Amanda Enzor
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christine Luciano
Margaret Rudd Assoc/O.I.
List Price
$13,000
Sold Price
$11,000
Premium/Discount to List
-$2,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.64%

Purchase Details

Closed on
Jan 1, 1995
Bought by
Sandbro Investments
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
Butler Dinah L $245,000 --
Fernald Robert S $253,000 --
Burnswick Cnty Habitat For Humanity Inc $44,000 None Available
Sandbro Investments -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Dinah L $113,000
Closed Butler Dinah L $132,000
Previous Owner Heartsease Calabash Llc $60,036,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2019 09/24/19 Sold $11,000 -15.4% --
08/28/2019 08/28/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $13,000 -- --
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 $1,734 $237,530 $12,000 $225,530
2023 $19 $237,530 $12,000 $225,530
2022 $0 $2,400 $2,400 $0
2021 $27 $2,400 $2,400 $0
2020 $39 $2,400 $2,400 $0
2019 $37 $2,400 $2,400 $0
2018 $27 $1,200 $1,200 $0
2017 $23 $1,200 $1,200 $0
2016 $16 $1,200 $1,200 $0
2015 $16 $1,200 $1,200 $0
2014 $15 $1,200 $1,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100138661

Hive MLS

APN: 198CA010