NOT LISTED FOR SALE

1212 Riverside Dr Sunset Beach, NC 28468

Estimated Value: $1,295,000 - $1,476,000

0.14 Acre
$9,640,150 Price per Acre
6,098 Sq Ft Lot

Last Sold October 26, 2020

Last sale price $229,000

Est. 501% increase in value since last sale

Current estimated payment $7,773/month

74 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Picnic Area
  • Maintained Community
  • 52 Feet of Waterfront
  • Property fronts a marsh

About This Lot

As of October 2020

This New development on Sunset Beach is everything you've anticipated. Waterfront with bulkhead in place- have your own private dock. Alluring boardwalk leads to Cedar Point nature preserve, a salt marsh overlook facing Jinks Creek, & Kayak Launch - all exclusively for this community. One of the most unique amenities is the natural nature preserve. Captivating views from your front yard & back yard! The peacefulness & serenity of this area is unique to the island - we have saved the best for last! Sunset Beach, NC voted one of the best beaches by National Geographic, 2017. Stunning Home site! One incredible location! Filled with sunshine & water views!

Last Agent to Sell the Property

Debbie Kinlaw

CENTURY 21 Sunset Realty License #216863 Listed on: 06/27/2020

CENTURY 21 Sunset Realty

Last Buyer's Agent

David Nelson

CENTURY 21 Sunset Realty License #87021

CENTURY 21 Sunset Realty

Property Details

Property Type

  • Land

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x126x52x139
  • Property fronts a marsh
  • 52 Feet of Waterfront
  • Cleared Lot
  • Property is zoned SB-BR-2

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 256nd00133

Community Details

Overview

  • Ocean Club Poa, Phone Number (704) 896-5880
  • Ocean Club Estates Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Picnic Area

Recreation

  • Deeded Waterfront Access Rights
  • Bulkhead

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Type: Exclusive Right to Sell
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 03785
  • Deed Page: 176.00
  • Delayed Marketing: No
  • Directions To Property: From Sunset Beach Bridge, turn left to E. N Shore Dr, turn left on Riverside Dr follow to property.
  • Document Count: 2
  • Elementary School: Jessie Mae Monroe
  • Fuel Tank: None
  • High School: West Brunswick
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Maint - Roads, Picnic Grounds
  • Annual H O A: 1100.00
  • H O A Company: Ocean Club POA
  • H O A Phone: 704-896-5880
  • Listing I D: 100224236
  • Location Type: Island
  • Lot Dimensions: 50x126x52x139
  • Lot Sq Ft: 6098.00
  • Lot Water Features: Bulkhead, Deeded Water Access, Deeded Waterfront, Marsh Front, Waterfront Comm
  • Marketing City: Sunset Beach Island
  • Middle School: Shallotte
  • M L S Approved: Y
  • Office Exclusive: No
  • Post Closing Seller Concessions: No
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • Sign On Property: Yes
  • Special Assessments: None Known
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Ocean Club Estates
  • Tax Identifier: 256nd00133
  • Tax Year: 2019
  • Waterview: Yes
  • Zoning: SB-BR-2
  • Acres: 0.14
  • Buildigson Property: None
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Priceper Acre: 1664285.71
  • Soil Evaluation: Soil Evaluation - No
  • Soil Evaluation Other: sewer availiable
  • Topography: Cleared
  • Water Frontage: 52.00
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Municipal Sewer Available, Municipal Water Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Oct 22, 2020
Sold by
Waller James Wilson and Sims Shirley Dianne
Bought by
Tolson Glen H and Tolson Donna Sue
Seller's Agent
Debbie Kinlaw
CENTURY 21 Sunset Realty
Buyer's Agent
David Nelson
CENTURY 21 Sunset Realty
List Price
$233,000
Sold Price
$229,000
Premium/Discount to List
-$4,000
-1.72%
Current Estimated Value
$1,375,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,146,746
Avg. Annual Appreciation
40.47%
Original Mortgage
$171,750
Outstanding Balance
$131,057
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$1,218,564

Purchase Details

Closed on
Jun 30, 2016
Sold by
Sunset Beach Holdings Ii Llc
Bought by
Waller James Wilson and Sims Shirley Dianne

Purchase Details

Closed on
Jul 7, 2014
Sold by
Big Pine Holdings Llc
Bought by
Sunset Beach Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,150,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
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
Tolson Glen H $229,000 None Available
Waller James Wilson $210,000 None Available
Sunset Beach Holdings Llc $10,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolson Glen H $171,750
Previous Owner Sunset Beach Holdings Llc $9,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $229,000 -1.7% --
09/09/2020 09/09/20 Pending -- -- --
06/27/2020 06/27/20 For Sale $233,000 -- --
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 $5,839 $1,083,560 $390,500 $693,060
2024 $52 $1,083,560 $390,500 $693,060
2023 $1,212 $961,600 $390,500 $571,100
2022 $0 $185,000 $185,000 $0
2021 $0 $185,000 $185,000 $0
2020 $1,212 $185,000 $185,000 $0
2019 $1,212 $185,000 $185,000 $0
2018 $1,510 $235,000 $235,000 $0
2017 $1,528 $235,000 $235,000 $0
2016 $995 $152,750 $152,750 $0
2015 $995 $152,750 $152,750 $0
2014 $65 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100224236

Hive MLS

APN: 256ND00133