NOT LISTED FOR SALE

61 Red Bug Rd SW Shallotte, NC 28470

Estimated Value: $249,000

3 Beds
2 Baths
2,180 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $275,000 $126 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $1,394/month

98 Days on Market

Highlights

  • 10.96 Acre Lot
  • Wood Burning Stove
  • No HOA
  • Deck
  • 2 Fireplaces
  • Brick Exterior Construction

About This Home

As of April 2017

Great opportunity to own a well constructed brick ranch home that was built to last . Situated on approximately 11 well maintained acres. Terrific location directly off highway 17 for any investors looking for future development potential. Many different opportunities available, commercial low density located across the road so applying for a zoning change is possible with the options of adding apartments, residential development, or office space. The brick home sits on 4 acres on high ground with shed and carport in back. Come and see this property before it is gone. Only minutes to downtown Shallotte, area beaches and centrally located between Myrtle Beach, SC. Wilmington, NC, and Whiteville, NC.

Last Agent to Sell the Property

Hamilton Realty Group

DBA Carolinas Connect Realty Listed on: 11/01/2016

Co-Listed By

Seth Robbins

DBA Carolinas Connect Realty

Last Buyer's Agent

Tom Shoaf

Tom Shoaf & Associates License #244968

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36

Year Built

  • Built in 1966

Lot Details

  • 10.96 Acre Lot
  • Lot Dimensions are 616x467x799x587

Parking

  • 2 Attached Carport Spaces

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,180 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Combination Dining and Living Room
  • Crawl Space
  • Stove

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18200124

Home Details

Home Type

Single Family

Est. Annual Taxes

$36

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Carpet, Vinyl, Laminate
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Wood Stove, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 126.15
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 9
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2180.00
  • Total Heated Primary Separate Sq Ft: 2180.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: Oil Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Septic On Site, Water Tap Available
  • HeatingSystemFuelSource: Oil

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 63.00
  • Lot Acres: 10.96
  • Lot Dimensions: 616X467X799X587
  • Lot Sq Ft: 477418.00
  • Zoning: X

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 18200124
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Apr 28, 2017
Sold by
Cheers Redbug R and Cheers Rothie Jerry
Bought by
Highest Praise Ministries Inc
Seller's Agent
Hamilton Realty Group
DBA Carolinas Connect Realty
Buyer's Agent
Tom Shoaf
Tom Shoaf & Associates
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Total Days on Market
98
Current Estimated Value
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,000
Original Mortgage
$1,800,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Highest Praise Ministries Inc $27,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highest Praise Ministries Inc $1,750,000
Open Highest Praise Ministries Inc $5,008,189
Closed Highest Praise Ministries Inc $1,800,000
Previous Owner Cheers Rothie Jerry $26,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $275,000 -3.5% $126 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $285,000 -- $131 / 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 $36 $5,173,830 $510,790 $4,663,040
2023 $36 $2,888,480 $510,790 $2,377,690
2022 $36 $144,500 $139,750 $4,750
2021 $371 $202,350 $69,200 $133,150
2020 $338 $202,350 $69,200 $133,150
2019 $338 $72,390 $69,200 $3,190
2018 $338 $71,150 $69,200 $1,950
2017 $815 $71,150 $69,200 $1,950
2016 $639 $71,150 $69,200 $1,950
2015 $765 $180,970 $69,200 $111,770
2014 $1,059 $269,360 $158,400 $110,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100038015

Hive MLS

APN: 18200124