NOT LISTED FOR SALE

525 Shoreline Dr E Sunset Beach, NC 28468

Estimated Value: $468,000 - $616,968

0.35 Acre
$1,518,549 Price per Acre
15,246 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $92,500

Est. 475% increase in value since last sale

Current estimated payment $3,120/month

108 Days on Market

Highlights

  • Water Views
  • No HOA
  • Level Lot
  • Wooded Lot

About This Lot

As of December 2021

Every now and then opportunity knocks and you don't want to miss it. Beautiful lot for sale in sought after shoreline woods at an affordable price. Feel free to take a look and envision yourself sipping on a cool drink from your front porch while catching a glimpse of the sailboats coasting the waterway. This homesite is across the waterway from SB and OIB islands, the boat ramp at the end of the street, a short drive to Calabash - the seafood capital, and 40 miles from both MYB and ILM airports. Myrtle beach is close enough to enjoy a night out on the town but far enough away to enjoy the peace and tranquility of a small beach town. The property is on water and sewer and ready for you to turn your dreams into a reality.

Last Agent to Sell the Property

Capt Hugh James

Carolina Coastal Real Estate Listed on: 05/15/2021

Last Buyer's Agent

George Smith

Sunset Beach and Beyond Realty License #159998

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,688

Lot Details

  • 0.35 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned MR2

Property Views

  • Water Views

Schools

  • Jessie Mae Monroe Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • No Home Owners Association
  • Shoreline Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 256cb191

Property Details

Property Type

Land

Est. Annual Taxes

$2,688

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 100

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

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

Lot Info

  • Deed Book: 01818
  • Deed Page: 685.00
  • Lot Description: Wooded
  • Lot Dimensions: 100 frontage X 150
  • Lot Sq Ft: 15246.00
  • Plat Book: 0000
  • Plat Page: 0000
  • Zoning: MR2
  • Acres: 0.35
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 299714.29
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level, Wooded

Tax Info

  • Tax Identifier: 256cb191
  • Tax Year: 2020

MLS Schools

  • Elementary School: Jessie Mae Monroe
  • High School: West Brunswick
  • Middle School: Shallotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Dec 9, 2021
Sold by
Tomlin Diane C
Bought by
Willis Robert L and Willis Babara S
Seller's Agent
Capt Hugh James
Carolina Coastal Real Estate
Buyer's Agent
George Smith
Sunset Beach and Beyond Realty
List Price
$104,900
Sold Price
$92,500
Premium/Discount to List
-$12,400
-11.82%
Current Estimated Value
$531,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,992
Avg. Annual Appreciation
59.02%
Original Mortgage
$444,737
Outstanding Balance
$416,921
Interest Rate
3.56%
Mortgage Type
Balloon
Estimated Equity
$95,329

Purchase Details

Closed on
Sep 1, 2003
Bought by
Tomlin Diane C and Goslee Richard E
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
Willis Robert L $185 None Listed On Document
Tomlin Diane C $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Robert L $444,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $92,500 -11.8% --
08/31/2021 08/31/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $104,900 -- --
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 $2,688 $495,630 $87,000 $408,630
2023 $303 $363,910 $87,000 $276,910
2022 $303 $44,000 $44,000 $0
2021 $0 $44,000 $44,000 $0
2020 $0 $44,000 $44,000 $0
2019 $303 $44,000 $44,000 $0
2018 $336 $50,000 $50,000 $0
2017 $335 $50,000 $50,000 $0
2016 $333 $50,000 $50,000 $0
2015 $333 $50,000 $50,000 $0
2014 $417 $74,250 $74,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100271814

Hive MLS

APN: 256CB191