NOT LISTED FOR SALE

540 River Heights Trace Shallotte, NC 28470

Estimated Value: $528,000 - $644,230

1 Acre
$568,558 Price per Acre
43,560 Sq Ft Lot

Last Sold May 20, 2020

Last sale price $65,000

Est. 775% increase in value since last sale

Current estimated payment $3,283/month

3 Days on Market

Highlights

  • 78 Feet of Waterfront
  • River View
  • No HOA
  • Union Elementary School Rated A-
  • 1 Acre Lot
  • Property fronts a marsh

About This Lot

As of May 2020

Beautiful, serene view overlooking the marsh and Shallotte River. Over 78' of marsh frontage on a quiet cul-de-sac street. Land is cleared and ready for your new home.... under ground utilities, soil has been tested, city water & sewer. Shallotte is growing with new stores, park, brewery, etc.

Last Agent to Sell the Property

Joyce Nunes

Intracoastal Realty Corporation License #246890 Listed on: 04/23/2020

Intracoastal Realty Corporation

Last Buyer's Agent

Joyce Nunes

Intracoastal Realty Corporation License #246890 Listed on: 04/23/2020

Intracoastal Realty Corporation

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,682

Lot Details

  • 1 Acre Lot
  • Property fronts a marsh
  • 78 Feet of Waterfront
  • Cleared Lot
  • Property is zoned R15

Property Views

  • River Views

Schools

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

Community Details

  • No Home Owners Association
  • River Heights Estate Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 198hb003

Property Details

Property Type

Land

Est. Annual Taxes

$3,682

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 78.00

Utilities

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

Association/Amenities

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

Lot Info

  • Deed Page: 520.00
  • Lot Description: None
  • Lot Dimensions: irreg.
  • Lot Number: 3
  • Lot Sq Ft: 43560.00
  • Zoning: R15
  • Cleared Acres: 1.00
  • Acres: 1.00
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 99000.00
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared
  • Lot Number2: 3
  • Lot View Type: Marsh View, River View

Tax Info

  • Tax Identifier: 198hb003
  • Tax Year: 2019
  • 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

Listed on
Apr 23, 2020
Closed on
May 19, 2020
Sold by
Faust Thomas L and Faust Helen C
Bought by
Lowrance John Kenneth and Lowrance Amy Elizabeth
Seller's Agent
Joyce Nunes
Intracoastal Realty Corporation
Buyer's Agent
Joyce Nunes
Intracoastal Realty Corporation
List Price
$99,000
Sold Price
$65,000
Premium/Discount to List
-$34,000
-34.34%
Current Estimated Value
$568,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,558
Avg. Annual Appreciation
48.98%
Original Mortgage
$62,500
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2007
Sold by
Mintz Leroy and Mintz Sandra H
Bought by
Faust Thomas L and Faust Helen C
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
Lowrance John Kenneth $65,000 None Available
Faust Thomas L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lowrance John Kenneth $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2020 05/20/20 Sold $65,000 -34.3% --
04/26/2020 04/26/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $99,000 -- --
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 $3,682 $509,070 $65,000 $444,070
2024 $3,682 $509,070 $65,000 $444,070
2023 $3,846 $509,070 $65,000 $444,070
2022 $3,846 $415,860 $55,000 $360,860
2021 $0 $55,000 $55,000 $0
2020 $476 $55,000 $55,000 $0
2019 $476 $55,000 $55,000 $0
2018 $470 $55,000 $55,000 $0
2017 $472 $55,000 $55,000 $0
2016 $469 $55,000 $55,000 $0
2015 $469 $55,000 $55,000 $0
2014 $939 $117,230 $117,230 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joyce Nunes

    Intracoastal Realty Corporation

    (910) 201-2200

    20 Total Sales

    Joyce Nunes
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Map

Source: Hive MLS

MLS Number: 100214500

Hive MLS

APN: 198HB003

North Carolina Brunswick County Shallotte 28470

540 River Heights Trace, Shallotte, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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