NOT LISTED FOR SALE

5610 Main St Shallotte, NC 28470

Estimated Value: $379,000 - $432,000

2.77 Acres
$144,614 Price per Acre
120,661 Sq Ft Lot

Last Sold July 23, 2018

Last sale price $287,000 $186 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,384/month

49 Days on Market

Highlights

  • 2.77 Acre Lot
  • Wooded Lot
  • 2-minute walk to Shallotte Township District Park
  • Union Elementary School Rated A-
  • No HOA

About This Lot

As of July 2018

Estate sale of 2.77 acres of prime land on Main Street, just off Highway 17 on your left past Parkview Place NW. Present use is improved residential with two brick houses in good shape.These houses were built in 1967 and 1972. The main house is 2,154 SF with garage and is in good condition for its age. The second house is 1,544 SF and needs some repair inside. Both of these houses would make excellent rentals in a long range plan to purchase the property for later rezoning to Commercial use. The listing price for this property is based on a appraisal dated September 12, 2017 that values the land as a commercial piece of property, under the ''Highest and Best Use'' standard.

Last Agent to Sell the Property

Thomas Smith

Carolina Gulf Coast Properties License #167783 Listed on: 04/13/2018

Co-Listed By

Bill Keller

Carolina Gulf Coast Properties License #168912

Last Buyer's Agent

Thomas Smith

Carolina Gulf Coast Properties License #167783 Listed on: 04/13/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,170

Lot Details

  • 2.77 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R15

Schools

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

Utilities

  • Propane
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1970002020

Property Details

Property Type

Land

Est. Annual Taxes

$2,170

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: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 517

Utilities

  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned

Association/Amenities

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

Lot Info

  • Deed Page: 10551130.00
  • Lot Sq Ft: 120661.00
  • Zoning: R15
  • Acres: 2.77
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 142599.28
  • Soil Evaluation Other: Sewer
  • Topography: Cleared/Partial, See Remarks, Wooded

Tax Info

  • Tax Identifier: 1970002020
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
J D Ward Llc
Bought by
Delacruz Caroll Vanessa Rojas and Delacruz Montenegro Estuardo
Current Estimated Value
$402,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$222,611
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,445

Purchase Details

Closed on
Aug 21, 2020
Sold by
J D Ward Llc
Bought by
Delacruz Caroll Vanessa Rojas and Delacruz Montenegro Estuardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$222,611
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$176,445

Purchase Details

Closed on
Jan 10, 2020
Sold by
Mclamb Wj and Mclamb Sibyl B
Bought by
Wj Mclamb Enterprise Limited Partnership

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jul 17, 2018
Sold by
Russ Judi T
Bought by
J D Ward Llc
Seller's Agent
Thomas Smith
Carolina Gulf Coast Properties
Buyer's Agent
Thomas Smith
Carolina Gulf Coast Properties
List Price
$425,000
Sold Price
$287,000
Premium/Discount to List
-$138,000
-32.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
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
Delacruz Caroll Vanessa Rojas $275,000 None Available
Delacruz Caroll Vanessa Rojas $209,000 None Available
Wj Mclamb Enterprise Limited Partnership -- None Available
J D Ward Llc $287,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delacruz Caroll Vanessa Rojas $247,500
Closed Delacruz Caroll Vanessa Rojas $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2018 07/23/18 Sold $287,000 -32.5% $186 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $425,000 -- $275 / 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 $2,170 $277,100 $62,110 $214,990
2023 $1,857 $277,100 $62,110 $214,990
2022 $1,857 $178,370 $35,360 $143,010
2021 $1,796 $178,370 $35,360 $143,010
2020 $2,649 $282,680 $56,620 $226,060
2019 $2,821 $58,900 $56,620 $2,280
2018 $2,747 $75,810 $73,530 $2,280
2017 $2,724 $75,810 $73,530 $2,280
2016 $2,649 $75,810 $73,530 $2,280
2015 $2,649 $281,260 $73,530 $207,730
2014 $3,094 $352,569 $147,060 $205,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100110631

Hive MLS

APN: 19700020