516 Magnolia Dr
Sunset Beach, NC 28468
3 bd 2 ba 985 sqft Built 1984 Lot 8,712 sqft mobile
Most recent sale
$117,500
Mar 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 30, 2022 | Sold | $117,500 | MLS #100293274 |
| Jan 4, 2022 | Price changed | $125,777 | MLS #100293274 |
| Oct 3, 2021 | Listed | $139,777 | MLS #100293274 |
| Aug 19, 2021 | Listed | $139,900 | MLS #100286878 |
| May 1, 2002 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $11,980 | $45,000 | $56,980 | $393 |
| 2024 | $11,980 | $45,000 | $56,980 | $393 |
| 2023 | $11,980 | $45,000 | $56,980 | $389 |
| 2022 | $8,320 | $26,000 | $34,320 | $327 |
| 2021 | $8,320 | $26,000 | $34,320 | $328 |
| 2020 | $8,320 | $26,000 | $34,320 | $329 |
| 2019 | $8,320 | $26,000 | $34,320 | $331 |
| 2018 | $8,840 | $25,000 | $33,840 | $319 |
| 2017 | $8,840 | $25,000 | $33,840 | $295 |
| 2016 | $8,840 | $25,000 | $33,840 | $283 |
| 2015 | $8,840 | $25,000 | $33,840 | $284 |
| 2014 | $9,355 | $30,000 | $39,355 | $280 |
| 2013 | $9,355 | $30,000 | $39,355 | $281 |
| 2012 | $9,355 | $30,000 | $39,355 | $284 |
| 2010 | $8,970 | $70,000 | $78,970 | $377 |
| 2009 | $8,970 | $70,000 | $78,970 | $377 |
| 2008 | $8,970 | $70,000 | $78,970 | $253 |
Property facts
Year built
1984
Property type
mobile
Stories
1
Beds
3
Baths
2
Living area
985 sqft
Lot size
8,712 sqft
ZIP code
28468
City
Sunset Beach
Street
Magnolia Dr
Coordinates
33.88952, -78.50061
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,330
Gross rental yield
13.58%
Implied cap rate
8.83%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Magnolia Dr last sell?
516 Magnolia Dr most recently sold on Mar 30, 2022 for $117,500.
What is the current tax assessment for 516 Magnolia Dr?
The most recent total assessment for 516 Magnolia Dr (year 2025) is $56,980 with $393 in property tax.
How does 516 Magnolia Dr's assessment compare to its last sale price?
The current assessment is 51.5% below the last sale price of $117,500.
When was 516 Magnolia Dr built?
516 Magnolia Dr was built in 1984.
How does 516 Magnolia Dr compare to others on Magnolia Dr?
We track 8 other properties on Magnolia Dr. Browse the list under "Other properties on Magnolia Dr" to compare beds, baths, and sale history.
What are the property facts for 516 Magnolia Dr?
516 Magnolia Dr is a 3 bed, 2 bath, 985 sqft, 8,712 sqft lot mobile.
Is 516 Magnolia Dr a flip candidate?
No — 516 Magnolia Dr does not appear in our flips dataset.
Is 516 Magnolia Dr a tax-appeal candidate?
No — 516 Magnolia Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$390.5K
2026 Q4
$373.9K
ZIP 28468 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Magnolia Dr