NOT LISTED FOR SALE

Estimated Value: $1,405,117 - $2,006,000

0.11 Acre
$15,154,900 Price per Acre
5,000 Sq Ft Lot

Last Sold August 25, 2017

Last sale price $110,000

Est. 1,415% increase in value since last sale

Current estimated payment $9,611/month

1,045 Days on Market

About This Lot

As of August 2017

Location, Location, Location!Build your Island dream getaway! Be within steps of the beach, Island Ferry Park & the Intracoastal Waterway located at the end of Shallotte Boulevard. Excellent possibility for a permanent home, a second home or income producing vacation rental, as well. Buy and Build Today!!

Last Listed By

Cherri Cheek

Ocean Isle Beach Realty, Inc. Listed on: 08/12/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $817

Year Built

  • 2018

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Cleared Lot
  • Property is zoned OI-R-1

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 244lc02607

Property Details

Property Type

Land

Est. Annual Taxes

$817

Year Built

2018

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 50

Utilities

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

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 3575
  • Deed Page: 147.00
  • Lot Dimensions: 50X100
  • Lot Sq Ft: 5000.00
  • Plat Page: H375
  • Zoning: OI-R-1
  • Acres: 0.11
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Price per Acre: 1090909.09
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: 244lc02607
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 225.00
  • Total Real Estate Property Taxes: 817.00
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Merrell Benny L and Merrell Willie L
Bought by
Merrell Family Revocable Living Trust and Merrell
Total Days on Market
1045
Current Estimated Value
$1,667,039

Purchase Details

Listed on
Aug 12, 2014
Closed on
Aug 2, 2017
Sold by
Oib East Dw Llc
Bought by
Merrell Benny L and Merrell Willie L
Seller's Agent
Cherri Cheek
Ocean Isle Beach Realty, Inc.
Buyer's Agent
Larry Cheek
The Cheek Team
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.43%

Purchase Details

Listed on
Aug 12, 2014
Closed on
Jul 24, 2017
Sold by
Williamson Decarol and Kelley Marsha
Bought by
Oib East Dw Llc
Seller's Agent
Cherri Cheek
Ocean Isle Beach Realty, Inc.
Buyer's Agent
Larry Cheek
The Cheek Team
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

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
Merrell Family Revocable Living Trust -- None Listed On Document
Merrell Benny L $110,000 None Available
Oib East Dw Llc $900,000 None Available
Williamson Decarol -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $110,000 -8.3% --
06/22/2017 06/22/17 Pending -- -- --
08/12/2014 08/12/14 For Sale $120,000 -- --
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 $3,896 $1,022,330 $250,000 $772,330
2023 $3,364 $1,022,330 $250,000 $772,330
2022 $3,364 $611,100 $150,000 $461,100
2021 $0 $595,040 $150,000 $445,040
2020 $3,250 $595,040 $150,000 $445,040
2019 $3,223 $150,000 $150,000 $0
2018 $599 $120,000 $120,000 $0
2017 $595 $120,000 $120,000 $0
2016 $592 $120,000 $120,000 $0
2015 $592 $120,000 $120,000 $0
2014 $453 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20685643

Hive MLS

APN: 244LC02607