NOT LISTED FOR SALE

589 Lockwood Folly Rd SE Bolivia, NC 28422

Estimated Value: $494,000 - $712,000

3 Beds
1 Bath
1,153 Sq Ft
$538/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $187,500 $163 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $3,483/month

94 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Intracoastal View
  • Sun or Florida Room
  • Waterfront
  • Deck
  • No HOA

About This Home

As of December 2017

Live On The Water In Sunset Harbor, A Quaint Fishing Village Just Minutes From Southport. Watch the Boats Sail By On the ICW from the Screened Porch/Sun Room and outside decking! Rapidly Developing Area and Rare Chance To Own Waterfront Property at a Great Price!

Last Agent to Sell the Property

Brian Deutsch

Southport Realty, Inc. License #231432 Listed on: 07/21/2017

Last Buyer's Agent

Brian Quinn

Southport Realty, Inc. License #130746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1972

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 50 x 174 x 51 x 169

Parking

  • On-Site Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,153 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Intracoastal Views
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 234ib023

Community Details

Overview

  • No Home Owners Association
  • Sunset Harbor Subdivision

Recreation

  • Waterfront

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,215

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1972
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 259.32
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1153.00
  • Total Heated Primary Separate Sq Ft: 1153.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: None
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Water Tap Available, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 91.00
  • Lot Acres: 0.20
  • Lot Dimensions: 50 X 174 X 51 X 169
  • Lot Number: 5
  • Lot Sq Ft: 8500.00
  • Lot Water Features: Deeded Waterfront, Water Access Comm, Waterfront Comm
  • Plat Book: 4
  • Plat Page: 165
  • Zoning: RESIDENTIAL
  • Lot View Type: ICW View, Water View

Tax Info

  • Tax Identifier: 234ib023
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 1215.00

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Barbee David Albert and Barbee Beverly Moore
Bought by
David Albert Barbee Sr And Beverly Moore Barb
Current Estimated Value
$620,797

Purchase Details

Listed on
Jul 21, 2017
Closed on
Nov 28, 2017
Sold by
Vrm Holdings R Llc
Bought by
Barbee David Albert and Barbee Beverly Moore
Seller's Agent
Brian Deutsch
Southport Realty, Inc.
Buyer's Agent
Brian Quinn
Southport Realty, Inc.
List Price
$299,000
Sold Price
$187,500
Premium/Discount to List
-$111,500
-37.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.97%

Purchase Details

Closed on
Jan 7, 2015
Sold by
Vrm Holdings Llc
Bought by
Vrm Holdings R Llc

Purchase Details

Closed on
Mar 20, 2014
Sold by
Martin Vernon Ray
Bought by
Martin Vernon Ray

Purchase Details

Closed on
Sep 30, 2005
Sold by
Willis Michael W and Willis Peggy B
Bought by
Martin Vernon Ray
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
David Albert Barbee Sr And Beverly Moore Barb -- --
Barbee David Albert $188,000 None Available
Vrm Holdings R Llc -- None Available
Vrm Holdings Llc -- None Available
Martin Vernon Ray -- None Available
Martin Vernon Ray $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbee David Albert $255,000
Previous Owner Martin Vernon Ray $262,500
Previous Owner Martin Vernon Ray $345,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $187,500 -37.3% $163 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $299,000 -- $259 / 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
2025 -- $649,940 $250,000 $399,940
2024 $2,114 $559,730 $250,000 $309,730
2023 $1,793 $559,730 $250,000 $309,730
2022 $1,793 $328,360 $175,000 $153,360
2021 $0 $328,360 $175,000 $153,360
2020 $1,774 $328,360 $175,000 $153,360
2019 $1,439 $175,890 $175,000 $890
2018 $1,297 $162,270 $161,000 $1,270
2017 $1,240 $162,270 $161,000 $1,270
2016 $1,215 $162,270 $161,000 $1,270
2015 $1,215 $229,990 $161,000 $68,990
2014 $1,625 $344,557 $276,000 $68,557
Source: Public Records

Agents Affiliated with this Home

  • Brian Deutsch

    Seller's Agent in 2017

    Brian Deutsch

    Southport Realty, Inc.

    (910) 524-1981

    5 in this area

    92 Total Sales

    Brian Deutsch
    Section Image
  • Brian Quinn

    Buyer's Agent in 2017

    Brian Quinn

    Southport Realty, Inc.

    (910) 457-6401

    20 in this area

    30 Total Sales

    Brian Quinn
    Section Image
  • Sherol Lappala

    Buyer Co-Listing Agent in 2017

    Sherol Lappala

    Southport Realty, Inc.

    (910) 363-7422

    9 in this area

    54 Total Sales

    Sherol Lappala
    Section Image
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Map

Source: Hive MLS

MLS Number: 100073691

Hive MLS

APN: 234IB023

North Carolina Brunswick County Bolivia 28422

589 Lockwood Folly Rd SE, Bolivia, NC

This home is located at 589 Lockwood Folly Rd SE, Bolivia, NC 28422 since 21 July 2017 and is currently estimated at $620,797, approximately $538 per square foot. This property was built in 1972. 589 Lockwood Folly Rd SE is a home located in Brunswick County with nearby schools including Virginia Williamson Elementary School, Cedar Grove Middle School, and South Brunswick High School.

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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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