NOT LISTED FOR SALE

488 Hearthside Dr SE Lockwoods Folly, NC 28422

Estimated Value: $585,000 - $774,500

0.7 Acre
$1,010,893 Price per Acre
30,492 Sq Ft Lot

Last Sold March 12, 2024

Last sale price $150,000

Est. 372% increase in value since last sale

Current estimated payment $3,855/month

20 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Fitness Center
  • RV or Boat Storage in Community
  • 213 Feet of Waterfront
  • Indoor Pool
  • Gated Community

About This Lot

As of March 2024

Beautiful .699 acre river front homesite in the gated community of RiverSea. Just minutes from the beaches of Oak Island and Holden Beach and the picturesque town of Southport. Large wooded lot is located in a quiet cul de sac. Close to amenities pool, clubhouse and tennis courts just to name a few. Build a beautiful dream home overlooking the water!

Last Agent to Sell the Property

Robin Hackney

Hackney & Company License #134579 Listed on: 01/22/2024

Hackney & Company

Last Buyer's Agent

Stephanie Reeves

Coldwell Banker Sloane Realty OIB License #255829

Coldwell Banker Sloane Realty OIB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $307

Lot Details

  • 0.7 Acre Lot
  • 213 Feet of Waterfront
  • Wooded Lot
  • Property is zoned R75

HOA Fees

  • $110 Monthly HOA Fees

Schools

  • Virginia Williamson Elementary School
  • Cedar Grove Middle School
  • South Brunswick High School

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 214
  • Assessor Parcel Number 184ca039

Community Details

Overview

  • Riversea Poa, Phone Number (704) 664-8808
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Indoor Pool
  • Deeded Waterfront Access Rights

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$307

Lot Details

0

HOA Fees

$110 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Private Road
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 213.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Electricity Available, Water Available, Sewer Available

Association/Amenities

  • HOA and Neighborhood Amenities: Clubhouse, Sidewalk, Tennis Court(s), Street Lights, Picnic Area, RV/Boat Storage, Ramp, Pool, Fitness Center, Management, Maint - Roads, Maint - Comm Areas, Indoor Pool, Gated
  • HOAAssociationFee1Year: 1320.00
  • HOAAssociationName: RiverSea POA
  • HOAAssociationPhone: 7046648808

Lot Info

  • Deed Page: 217.00
  • Lot Description: Cul-De-Sac, Wooded, Subdivision
  • Lot Dimensions: Irregular
  • Lot Number: 214
  • Lot Sq Ft: 30448.00
  • Lot Water Features: Deeded Waterfront, Water Access Comm
  • Zoning: R75
  • Acres: 0.70
  • Current Use: Residential, Single Family
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 227142.86
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 214
  • Lot View Type: River, Water

Tax Info

  • Tax Identifier: 184ca039
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 307.28

MLS Schools

  • Elementary School: Virginia Williamson
  • High School: South Brunswick
  • Middle School: Cedar Grove
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 11, 2024
Sold by
Coutts James B and Coutts Carolyn
Bought by
Pereira Jose M and Pereira Ricarda C
Seller's Agent
Robin Hackney
Hackney & Company
Buyer's Agent
Stephanie Reeves
Coldwell Banker Sloane Realty OIB
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Views
21
Current Estimated Value
$707,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,625
Avg. Annual Appreciation
139.05%

Purchase Details

Listed on
Dec 28, 2022
Closed on
Jan 24, 2023
Sold by
Thompson Shannan and Thompson Paula
Bought by
Coutts James B and Coutts Carolyn
Seller's Agent
Nolan Formalarie
Discover NC Homes
Buyer's Agent
Linda Evans
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$109,900
Sold Price
$103,000
Premium/Discount to List
-$6,900
-6.28%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.74%

Purchase Details

Listed on
Apr 12, 2021
Closed on
Sep 3, 2021
Sold by
Reichard Kenneth P and Reichard Sandra L
Bought by
Thompson Shannan and Thompson Paula
Seller's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
Buyer's Agent
Nolan Formalarie
Discover NC Homes
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.64%

Purchase Details

Closed on
Mar 14, 2005
Sold by
Lr Riversea Llc
Bought by
Reichard Kenneth P and Reichard Sandra Lee
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
Pereira Jose M $150,000 None Listed On Document
Coutts James B $103,000 --
Coutts James B $103,000 None Listed On Document
Thompson Shannan $75,000 None Available
Reichard Kenneth P $275,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2024 03/12/24 Sold $150,000 -5.7% --
02/11/2024 02/11/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $159,000 +54.4% --
02/03/2023 02/03/23 Sold $103,000 -6.3% -- View Prior Sale
01/06/2023 01/06/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $109,900 +46.5% --
09/13/2021 09/13/21 Sold $75,000 -11.8% -- View Prior Sale
06/04/2021 06/04/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $85,000 +13.3% --
04/19/2021 04/19/21 Off Market $75,000 -- --
04/12/2021 04/12/21 For Sale $85,000 -- --
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 -- $233,110 $84,000 $149,110
2024 $307 $84,000 $84,000 $0
2023 $146 $84,000 $84,000 $0
2022 $0 $26,000 $26,000 $0
2021 $117 $26,000 $26,000 $0
2020 $0 $26,000 $26,000 $0
2019 $142 $26,000 $26,000 $0
2018 $119 $22,000 $22,000 $0
2017 $119 $22,000 $22,000 $0
2016 $117 $22,000 $22,000 $0
2015 $117 $22,000 $22,000 $0
2014 $342 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100423375

Hive MLS

APN: 184CA039