NOT LISTED FOR SALE

494 Laurel Valley Dr Shallotte, NC 28470

Estimated Value: $621,000 - $706,000

4 Beds
3 Baths
2,339 Sq Ft
$285/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $495,000 $212 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,126/month

Highlights

  • On Golf Course
  • Fitness Center
  • Home Theater
  • Union Elementary School Rated A-
  • Indoor Pool
  • Gated Community

About This Home

As of October 2020

You will not find a more pleasing home to live in. This modified Point Harbor model by Hagood Homes has been thoughtfully and meticulously designed and built over the past 6 months. It's bursting with high end finishes and upgraded features you didn't even know you wanted. The natural materials and ocean-inspired colors are tranquil. The easy flowing floorplan is functional and unencumbered and the resulting space is a relaxing sanctuary - the perfect place to call HOME. The enchanting community of River's Edge, offers the very best in the world of amenities... from TWO swimming pools, pickle ball, tennis, fitness center, and the beautiful Arnold Palmer golf course to the OCEANFRONT beach clubhouse just a few miles away on Holden Beach! The homesite was offered at one of the highest premiums in the development for its exceptional location and high and dry elevation - not to mention the view. Your Lot #7 backs up to a great panoramic of hole number 3. It is private and beautifully landscaped. The house is energy efficient and boasts 8 pages of included features like spray foam insulation, 4-zone heating/cooling, not one but TWO walk-in pantries, wifi operated smart home kitchen appliances, quartz countertops, solid birch floating shelving stained to coordinate with the floors, an owner's suite that spans the entire NW side of the house and plenty more that will continue to ''wow'' you after you move in! Come see the masterful design and modern luxury that's waiting for you at 494 Laurel Valley Drive. You will not be disappointed... unless you miss out on this exceptional home! This custom home simply won't last long.

Last Agent to Sell the Property

Stephanie Pelton

Keller Williams Innovate-Wilmington License #280600 Listed on: 09/23/2020

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Nolan Formalarie

Discover NC Homes License #233404

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 2020

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 80 x 223 x 89 x 32 x 200
  • Property fronts a private road
  • On Golf Course
  • Open Lot
  • Sprinkler System
  • Property is zoned SH-R-10

HOA Fees

  • $149 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,339 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Theater
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Attic

  • Attic Floors
  • Attic or Crawl Hatchway Insulated

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Indoor Pool
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 198pa003

Community Details

Overview

  • Rivers Edge Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,484

Year Built

Built in 2020

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Foyer, Pantry, Mud Room, Intercom/Music, Home Theater, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 211.63
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 2339.00
  • Total Heated Primary Separate Sq Ft: 2339.00

Exterior Features

  • Exterior Features: Gas Logs, Security Lighting, Irrigation System
  • Exterior Finish: Brick, Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Screened
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Vent Hood, Stove/Oven - Gas, Refrigerator, Disposal
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air, Zoned
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Sidewalk, Trail(s), Tennis Court(s), Taxes, Street Lights, Picnic Area, See Remarks, Security, Restaurant, Maint - Comm Areas, Management, Maint - Roads, Maint - Grounds, Community Pool, Indoor Pool, Golf Course, Gated, Fitness Center
  • HOAAssociationFee1Year: 1782.41

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 663.00
  • Lot Acres: 0.49
  • Lot Description: On Golf Course, Open
  • Lot Dimensions: 80 x 223 x 89 x 32 x 200
  • Lot Number: 7
  • Lot Sq Ft: 21344.00
  • Plat Book: 21
  • Plat Page: 214
  • Zoning: SH-R-10

Green Features

  • Green Bldg Features: Energy Star Appl, Sealed Attic, LED Lighting, Prog Thermostats

Tax Info

  • Tax Identifier: 198pa003
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Oct 21, 2020
Sold by
Belcher Gary Madison and Belcher Kathy Marie
Bought by
Butler John T and Butler Debra L
Seller's Agent
Stephanie Pelton
Keller Williams Innovate-Wilmington
Buyer's Agent
Nolan Formalarie
Discover NC Homes
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$676,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,610
Avg. Annual Appreciation
5.96%
Original Mortgage
$295,000
Outstanding Balance
$265,485
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$388,408

Purchase Details

Listed on
Jan 1, 2019
Closed on
Feb 21, 2019
Sold by
Byers Judith B and Byers Bernarr M
Bought by
Belcher Gary Madison and Belcher Kathy Marie
Seller's Agent
The Cheek Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
Stephanie Pelton
Keller Williams Innovate-Wilmington
List Price
$30,000
Sold Price
$27,500
Premium/Discount to List
-$2,500
-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
464.50%

Purchase Details

Closed on
Jul 1, 2004
Bought by
Byers Judith B Trust
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
Butler John T $495,000 None Available
Belcher Gary Madison $27,500 None Available
Byers Judith B Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler John T $295,000
Previous Owner Belcher Gary M $452,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2020 10/28/20 Sold $495,000 0.0% $212 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $495,000 +1700.0% $212 / Sq Ft
02/28/2019 02/28/19 Sold $27,500 -8.3% $1 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/01/2019 01/01/19 For Sale $30,000 -- $1 / Sq Ft
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 $3,484 $478,720 $37,000 $441,720
2023 $3,027 $478,720 $37,000 $441,720
2022 $3,027 $318,060 $21,000 $297,060
2021 $2,966 $318,060 $21,000 $297,060
2020 $636 $21,000 $21,000 $0
2019 $191 $21,000 $21,000 $0
2018 $636 $75,000 $75,000 $0
2017 $639 $75,000 $75,000 $0
2016 $636 $75,000 $75,000 $0
2015 $636 $75,000 $75,000 $0
2014 $961 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100238000

Hive MLS

APN: 198PA003