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$395,000

Beds
2
Baths
1.0
sq ft
960

506 Lockwood Folly Rd SE, Bolivia, NC 28422

506 Lockwood Folly Rd SE

Bolivia, NC 28422

  • 26 days on market
Saltwater Sweeties, This One's for You! Welcome to Sunset Harbor, where every day feels like a getaway! This double lot offers the perfect blend of coastal charm and outdoor adventure, with peek-a-boo views of the Intracoastal Waterway right across the street. Whether you're an avid angler, boating enthusiast, or simply love the salt air, this home is your ideal escape. Imagine waking up to the hum of boats gliding through the water, your fishing pole ready for the day's catch. Take a leisurely stroll to the NC Public Boat Ramp and Sunset Harbor Fishing Pier, just minutes away, or hop on your jet ski and chase the sunrise along the coast. With ample parking for boats, trailers, and water toys, there's no limit to your waterfront fun! With Coastal Comfort & Outdoor Living Unwind on the front porch as you soak in the Intracoastal views, or fire up the grill on the side porch for a fresh seafood feast. The new back porch, shaded by a majestic live oak, is the perfect spot to relax with a good book or gather around the firepit for an oyster roast under the stars. Love movie nights? Set up an outdoor projector and watch your favorites with the sound of waves in the background. Adventure Awaits—with Water Access at the End of the Street! Launch your boat just steps from your door and explore the waterways at a moment's notice. Spend the day fishing, island-hopping, or cruising to Oak Island, Holden Beach, or Historic Southport, all just 20 minutes away. This has been a Proven Investment Potential: This home has been a top-rated Airbnb rental and recognized as a Superhost property—offering both a personal retreat and an income-generating opportunity in a highly sought-after location. Everyday Convenience Meets Coastal Serenity with two convenience stores nearby and a grocery store just 15 minutes away, you can enjoy the best of both worlds—secluded coastal living without sacrificing everyday essentials. Sunset Harbor is IT! Call for a showing today !

Details

Property type

Single Family Residence

Est. home value

$349,057

Lot size

0.34 acres

Price per sq ft

$412

Year built

1992

Annual property taxes

$941.8

HOA

No

Price History

03/12/2025
NorthCarolinaRegional

NorthCarolinaRegional #100493882

Listed
$395,000
10/14/2024
NorthCarolinaRegional

NorthCarolinaRegional #100455250

Removed
$395,000
08/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100455250

Price change
$395,000
-3.42%

Schools & Community

Elementary school: 

Virginia Williamson

Middle school: 

South Brunswick

High school: 

South Brunswick

High school district: 

Brunswick County Schools

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$89,119
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$274,281
Cash to seller
$89,119

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Angel Oak Home Loans Llc

Loan start date

February 2022

Original loan amount

$293,092

Est. remaining balance

$274,281

Interest rate

3.22%

Loan type

FHA, 30 year

Seller

Alfred E Maggard

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/07/2025 at 11:25 PM

Listing updated: 03/12/2025 at 4:07 PM

Listed by: Katherine Wooten, Southport Realty, Inc. Phone #: (910) 457-7676

MLS: NorthCarolinaRegional #100493882

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