NOT LISTED FOR SALE

850 Cedar Grove Rd SW Lockwoods Folly, NC 28462

Estimated Value: $319,640

17.6 Acres
$18,161 Price per Acre
766,656 Sq Ft Lot

Last Sold February 04, 2021

Last sale price $60,000

Est. 433% increase in value since last sale

Current estimated payment $1,701/month

1,906 Days on Market

Highlights

  • 17.6 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of February 2021

Looking for a rural piece of acreage close to Holden Beach? Here's approximately 17 acres just minutes from Holden Beach, local seafood and activities. Zoned RR, this property offers numerous use possibilities. Accessed via deeded easement, you will be surrounded with woods and privacy. This property has a rectangle shape and would be great for horses etc. Inquire today about this affordable piece of coastal acreage! Seller financing considered with reasonable down payment! Call today for details!

Last Agent to Sell the Property

Karen Mitchell

PROACTIVE Real Estate License #297507 Listed on: 09/21/2015

Last Buyer's Agent

Karen Mitchell

PROACTIVE Real Estate License #297507 Listed on: 09/21/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $504

Lot Details

  • 17.6 Acre Lot
  • Lot Dimensions are 1886x778x934x598
  • Rural Setting
  • Wooded Lot
  • Property is zoned CO-RR

Schools

  • Virginia Williamson Elementary School
  • Cedar Grove Middle School
  • West Brunswick High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20000059

Property Details

Property Type

Land

Est. Annual Taxes

$504

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: Deeded Right of Way, No Frontage, See Remarks
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: County Water, Municipal Sewer, Sewer Tap Available

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 3122
  • Deed Page: 567.00
  • Lot Description: Rural, See Remarks, Wooded
  • Lot Dimensions: 1886X778X934X598
  • Lot Sq Ft: 766656.00
  • Lot Water Features: None
  • Plat Book: 27
  • Plat Page: 204
  • Zoning: CO-RR
  • Acres: 17.60
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 4539.77
  • Soil Evaluation: Soil Evaluation - No, Soil Evaluation - Yes
  • Soil Evaluation Other: see delineation map
  • Topography: Wooded

Tax Info

  • Tax Identifier: 20000059
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 504.00

MLS Schools

  • Elementary School: Virginia Williamson
  • Elementary School #2: Supply
  • High School: West Brunswick
  • High School2: Early College
  • Middle School: Cedar Grove
  • Middle School2: Shallotte
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2024
Sold by
Cummings Billy J and Cummings Courtney N
Bought by
Cedar Crossing Development Llc
Current Estimated Value
$319,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,294,538
Outstanding Balance
$1,273,248
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
-$953,608

Purchase Details

Listed on
Sep 21, 2015
Closed on
Feb 2, 2021
Sold by
Sermons William M and Sermons Barbara C
Bought by
Cummings Billy J and Cummings Courtney N
Seller's Agent
Karen Mitchell
PROACTIVE Real Estate
Buyer's Agent
Karen Mitchell
PROACTIVE Real Estate
List Price
$169,900
Sold Price
$60,000
Premium/Discount to List
-$109,900
-64.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.43%
Original Mortgage
$45,000
Interest Rate
2.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 1, 2011
Bought by
Sermons William M & Barbara C Trust
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
Cedar Crossing Development Llc $316,500 None Listed On Document
Cedar Crossing Development Llc $316,500 None Listed On Document
Cummings Billy J $60,000 None Available
Sermons William M & Barbara C Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Crossing Development Llc $1,294,538
Closed Cedar Crossing Development Llc $1,294,538
Previous Owner Cummings Billy J $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $60,000 -64.7% --
12/09/2020 12/09/20 Pending -- -- --
09/21/2015 09/21/15 For Sale $169,900 -- --
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 $337 $87,800 $87,800 $0
2024 $337 $87,800 $87,800 $0
2023 $586 $87,800 $87,800 $0
2022 $582 $114,050 $114,050 $0
2021 $586 $114,050 $114,050 $0
2020 $582 $114,050 $114,050 $0
2019 $582 $114,050 $114,050 $0
2018 $513 $99,790 $99,790 $0
2017 $45 $99,790 $99,790 $0
2016 $40 $99,790 $99,790 $0
2015 $40 $99,790 $99,790 $0
2014 $60 $228,600 $228,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Mitchell

    Seller's Agent in 2021

    Karen Mitchell

    PROACTIVE Real Estate

    (910) 540-7258

    226 in this area

    360 Total Sales

    Karen Mitchell
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Map

Source: Hive MLS

MLS Number: 20696572

Hive MLS

APN: 20000059

North Carolina Brunswick County Supply 28462

850 Cedar Grove Rd SW, Supply, 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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