NOT LISTED FOR SALE

7208 Farm Loop Path SW Sunset Beach, NC 28468

Estimated Value: $228,000 - $295,580

2.04 Acres
$130,463 Price per Acre
88,862 Sq Ft Lot

Last Sold March 02, 2022

Last sale price $37,000

Est. 619% increase in value since last sale

Current estimated payment $1,412/month

40 Days on Market

Highlights

  • 2.04 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of March 2022

2.04 acres in Ocean Isle, conveniently located to Hwy 17. Property is currently wooded and no septic permit has been applied for, but we do have a survey. Great opportunity for a mobile home or stick built house close to Ocean Isle Beach and Sunset Beach.

Last Agent to Sell the Property

Crystal Babson

Berkshire Hathaway HomeServices Carolina Premier Properties License #207120 Listed on: 11/11/2021

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Donna Smith

Margaret Rudd Assoc/Sp License #307416

Property Details

Property Type

  • Land

Lot Details

  • 2.04 Acre Lot
  • Wooded Lot
  • Property is zoned R75

Schools

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

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 21100040

Property Details

Property Type

Land

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: Unpaved
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: No Sewer, No Water, Not Tested

Association/Amenities

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

Lot Info

  • Deed Book: 04459
  • Deed Page: 404.00
  • Lot Description: Wooded
  • Lot Sq Ft: 88862.00
  • Lot Water Features: None
  • Zoning: R75
  • Acres: 2.04
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 24509.80
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 21100040
  • Tax Year: 2021
  • Deferred Taxes: No

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
Nov 11, 2021
Closed on
Feb 21, 2022
Sold by
Teague Jr Richard A
Bought by
Cottle Builders Llc
Seller's Agent
Crystal Babson
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Donna Smith
Margaret Rudd Assoc/Sp
List Price
$50,000
Sold Price
$37,000
Premium/Discount to List
-$13,000
-26%
Current Estimated Value
$266,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,145
Avg. Annual Appreciation
68.08%

Purchase Details

Closed on
Oct 9, 2020
Sold by
Teague Amber G
Bought by
Teague Richard A

Purchase Details

Closed on
Dec 1, 1950
Bought by
Grissett Eva Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cottle Builders Llc $37,000 Kirby Firm Pllc
Teague Richard A -- None Available
Grissett Eva Marie -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2022 03/02/22 Sold $37,000 -26.0% --
12/21/2021 12/21/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $50,000 0.0% --
12/03/2021 12/03/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $50,000 -- --
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 $148 $241,040 $37,500 $203,540
2024 $148 $37,500 $37,500 $0
2023 $214 $37,500 $37,500 $0
2022 $214 $40,000 $40,000 $0
2021 $214 $40,000 $40,000 $0
2020 $213 $40,000 $40,000 $0
2019 $213 $40,000 $40,000 $0
2018 $213 $40,000 $40,000 $0
2017 $207 $40,000 $40,000 $0
2016 $204 $40,000 $40,000 $0
2015 $204 $40,000 $40,000 $0
2014 $408 $90,050 $90,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100300774

Hive MLS

APN: 21100040