NOT LISTED FOR SALE

518 & 520 Sylvan St Shallotte, NC 28470

Shallotte Area

Estimated Value: $339,000 - $420,000

8 Beds
8 Baths
4,916 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2021

Last sale price $516,000 $105 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $2,493 / mo

189 Days on Market

Highlights

  • Second Kitchen
  • Main Floor Primary Bedroom
  • Community Pool
  • Union Elementary School Rated A-
  • End Unit
  • Covered Patio or Porch

About This Home

As of May 2021

Incredible investor opportunity awaits!! The Village of Woodsong is one of Shallotte's most unique communities, nestled among mature pines and hardwoods, nature trails, and featuring a park like setting with community pool and clubhouse. This unique opportunity consists of two end-unit townhomes, each with detached, two-car garage and each with a one-bedroom apartment above (for a total of 4 living units). This multi family home was designed and custom built by current owners. Each townhome offers 3 bedrooms (master downstairs) and 2.5 baths. Gaspac heating for downstairs ensures efficiency and comfort in those colder winter months. Crown molding, wainscoting, granite counters, Armstrong laminate flooring, electric fireplaces, and surround sound make up some of the higher end features of the homes. Outside, you'll enjoy peace of mind knowing the homes are clad in fiber cement siding, windows with 3M film for extra wind speed rating, 5/4 x 4'' marine grade deck boards, termite bond, and crawl space vapor barrier. Oversized front porch connects both units, but firewall protects each. Out back are private screen porches and grilling decks. HOA cares for front lawn, no mower needed. All appliances convey. Half bath and additional breaker panel added to garage of unit 520. 3 of the 4 units currently rented. Call agent for more details.

Last Agent to Sell the Property

Joel Sheesley

Coldwell Banker Sea Coast Advantage License #264373 Listed on: 11/05/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Sarah Harris

Intracoastal Realty Corporation License #153274

Intracoastal Realty Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 7,841 Sq Ft Lot
  • End Unit

HOA Fees

  • $127 Monthly HOA Fees

Parking

  • 4 Car Detached Garage
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Second Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Bedroom Suite
  • Walk-in Shower

Home Security

  • Fire and Smoke Detector
  • Firewall

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 197mc00601, 197mc00602

Community Details

Overview

  • 4 Units
  • The Village Of Woodsong Subdivision
  • Park Manager: No
  • Maintained Community

Recreation

  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

7,841 Sq Ft Lot

HOA Fees

$127 per month

Parking

4

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 2000
  • Property Sub Type: Duplex
  • Appliances: See Remarks
  • Original List Price: 560000.00
  • Unit Levels: End Unit
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Remarks Written By Agent Y N: No
  • List Price Per Sqft: 113.91
  • Special Features: VirtualTour

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Master Downstairs, Sound System, Wash/Dry Connect, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Walk-in Shower, Blinds/Shades
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Stories: 2
  • Laundry Features: Dryer Hookup, Washer Hookup
  • Total Bedrooms: 8
  • Room Types: Dining Area
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 8.00

Exterior Features

  • Exterior Features: None, End Unit
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Roof: Architectural Shingle, Shingle, Composition
  • Road Frontage Type: See Remarks, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered, Porch, Screened

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 4.00
  • Has Attached Garage?: Yes
  • Parking Features: Shared Driveway, Off Street
  • Total Parking Spaces: 4.00
  • Detached Garage Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric, Propane
  • Water Source: Public
  • Security Features: Smoke Detector(s), Firewall(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Propane, Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Fuel Tank Details: Propane Above Ground
  • Sewer Provider: Municipal Sewer
  • Fuel Tank Owned Or Leased: Leased

Condo/Co-op/Association

  • Association Amenities: Community Pool, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Management, Trail(s)
  • Association Fees: 1520.00
  • Association Fee Frequency: Annually
  • Has H O A?: Yes
  • Association Management Company Phone: (910)454-0700
  • Association Management Company: Lawrence Realty Svcs

Fee Information

  • Park Manager Name: No

Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle Or Junior School: Shallotte Middle

Lot Info

  • Deed Book: 1415
  • Deed Page: 1100.00
  • Zoning: SH-R-10
  • Lot Size Acres: 0.18
  • Lot Size: irregular
  • Lot Size Sq Ft: 7841.00
  • Purchase Contract Date: 2021-02-02
  • Parcel#: 197mc00601, 197mc00602
  • Cobra Zone Y N: No

Tax Info

  • Tax Year: 2019
  • Tax Block: 58
  • Tax Book Number: 22
  • Tax Map Number: 197MC00601- 602
  • Tax Other Assessment Amount Frequency: None known

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Mar 18, 2021
Sold by
Bought by
Seller's Agent
Joel Sheesley
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sarah Harris
Intracoastal Realty Corporation
List Price
$560,000
Sold Price
$516,000
Premium/Discount to List
-$44,000
-7.86%
Current Estimated Value
$387,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,817
Avg. Annual Appreciation
-5.33%
Original Mortgage
$193,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2000
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$258,000 None Available
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $193,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $516,000 -7.9% $105 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
11/05/2020 11/05/20 For Sale $560,000 0.0% $114 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $560,000 -- $114 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,863 $377,730 $35,000 $342,730
2024 $27 $377,730 $35,000 $342,730
2023 $2,935 $377,730 $35,000 $342,730
2022 $2,935 $307,150 $40,000 $267,150
2021 $2,875 $307,150 $40,000 $267,150
2020 $2,875 $307,150 $40,000 $267,150
2019 $2,875 $40,000 $40,000 $0
2018 $2,330 $247,600 $40,000 $207,600
2017 $2,317 $40,000 $40,000 $0
2016 $2,267 $40,000 $40,000 $0
2015 $2,267 $247,600 $40,000 $207,600
2014 $2,085 $237,890 $35,000 $202,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100229320

Hive MLS

APN: 197MC00602

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