NOT LISTED FOR SALE

1024 Crosby Cir SW Sunset Beach, NC 28468

Estimated Value: $215,000

0.27 Acre
$796,296 Price per Acre
11,761 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $6,000

Est. 3,483% increase in value since last sale

Current estimated payment $1,273/month

28 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Fitness Center
  • Wooded Lot
  • Golf Course Community
  • Clubhouse
  • Community Indoor Pool

About This Lot

As of February 2021

Least expensive home site in all of Ocean Ridge. This home site can be purchased with 1028 Crosy Circle and 1052 Mayfair Way. The owner of this home site will have access to all of the great amenities offered in Ocean Ridge including a heated indoor pool, sauna, steam room, a jacuzzi, a fitness center, a banquet room, pickle ball courts, a huge outdoor pool, walking trails, a community garden, and last but not least, a beach clubhouse on world famous Sunset Beach. This .27/acre home site backs up to a pond and is in the Jaguar's Lair section of Ocean Ridge. It's great land and very close to the beaches. Roads and utilities are only partially in this section so this is a buy and hold to build on later, an investment, or to use the great amenities in Ocean Ridge. These home sites sold for substantially more money when they initially released this section of Ocean Ridge.

Last Agent to Sell the Property

Ryan Powers

ASAP Realty License #260766 Listed on: 12/15/2020

Last Buyer's Agent

Elisabeth Smith

Sunset Beach and Beyond Realty License #173715

Property Details

Property Type

  • Land

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 94 x 150 x 62 x 150
  • 62 Feet of Waterfront
  • Level Lot
  • Wooded Lot

HOA Fees

  • $143 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 242bc050

Community Details

Overview

  • Cams (Orma) HOA, Phone Number (910) 239-1333
  • Ocean Ridge Plantation Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Community Garden
  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$143 per month

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: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 62.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Comm Garden, Fitness Center, Golf Course, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Picnic Grounds, Pool - Indoor, Restaurant, See Remarks, Sidewalk, Street Lights, Tax Comm Areas, Tennis, Trails
  • Annual HOA: 1712.00
  • HOA Company: CAMS (ORMA)
  • HOA Phone: 910-239-1333

Lot Info

  • Deed Book: 2455
  • Deed Page: 1065.00
  • Lot Description: Subdivision
  • Lot Dimensions: 94 X 150 X 62 X 150
  • Lot Number: 50
  • Lot Sq Ft: 11848.00
  • Zoning: Res
  • Acres: 0.27
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 24074.07
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, Wooded
  • Lot Number2: 50

Tax Info

  • Tax Identifier: 242bc050
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 54.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Feb 25, 2021
Sold by
Ratchford Michael and Ratchford Valerie
Bought by
Smith George T and Smith Elisabeth W
Seller's Agent
Ryan Powers
ASAP Realty
Buyer's Agent
Elisabeth Smith
Sunset Beach and Beyond Realty
List Price
$6,500
Sold Price
$6,000
Premium/Discount to List
-$500
-7.69%
Current Estimated Value
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,000
Avg. Annual Appreciation
115.19%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Coastal Communities At Ocean Ridge Plant
Bought by
Ratchford Michael and Ratchford Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,620
Interest Rate
6.71%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Smith George T $6,000 None Available
Ratchford Michael $662,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratchford Michael $595,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $6,000 -7.7% --
01/12/2021 01/12/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $6,500 -- --
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 -- $12,300 $12,300 $0
2024 $59 $12,300 $12,300 $0
2023 $54 $12,300 $12,300 $0
2022 $0 $7,750 $7,750 $0
2021 $0 $7,750 $7,750 $0
2020 $54 $7,750 $7,750 $0
2019 $54 $7,750 $7,750 $0
2018 $89 $15,000 $15,000 $0
2017 $83 $15,000 $15,000 $0
2016 $80 $15,000 $15,000 $0
2015 $83 $34,000 $34,000 $0
2014 $674 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100249215

Hive MLS

APN: 242BC050