NOT LISTED FOR SALE

550 Morely Cir SW Ocean Isle Beach, NC 28469

Estimated Value: $382,000

0.37 Acre
$1,032,432 Price per Acre
16,117 Sq Ft Lot

Last Sold December 18, 2023

Last sale price $37,000

Est. 932% increase in value since last sale

Current estimated payment $2,221/month

241 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Union Elementary School Rated A-
  • Indoor Pool
  • Clubhouse

About This Lot

As of December 2023

Build your dream home in the prestigious community of Ocean Ridge Plantation. This beautiful homesite is located in the desirable Barrington Place neighborhood. This neighborhood has requirements for homes to be at least 2,500 heated square feet. Barrington place is peaceful/ quiet area and has many stunning homes. You can build now, or build later! Ocean Ridge Planation is a high quality gated community with amenities that include: indoor & outdoor pools, fitness center, sauna, steam room, tennis & pickle ball courts, walking/biking trails, nature pavilion and ocean front club house. Sunset beach is ranked in the top 5 National Graphics Best Beaches in the Worlds list! Ocean Ridge Planation was ranked ''One of America's Top 100 Communities!'' Come build the home of your dreams!

Last Agent to Sell the Property

Logan Mintz

Coastal Development & Realty Oak Island License #304657 Listed on: 02/23/2023

Last Buyer's Agent

Makayla Fenske

Silver Coast Properties License #339117

Property Details

Property Type

  • Land

Lot Details

  • 0.37 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned R75

HOA Fees

  • $197 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 22fe009

Community Details

Overview

  • 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
  • Golf Course Membership Available
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails
  • Indoor Pool

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 93

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Community Sewer, Community Water, Underground

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Club Membership, Clubhouse, Comm Garden, Fitness Center, Gated, Golf Course, Indoor Pool, Maint - Comm Areas, Maint - Roads, Management, Park, Picnic Area, Playground, Pool, Restaurant, Security, Sidewalk, Spa/Hot Tub, Street Lights, Tennis Court(s), Trail(s)
  • HOAAssociationFee1Year: 2360.00

Lot Info

  • Deed Page: 1185.00
  • Lot Description: Level, Subdivision
  • Lot Sq Ft: 16117.00
  • Plat Book: 94
  • Plat Page: 20
  • Special Assessments: unknown
  • Zoning: R75
  • Acres: 0.37
  • Current Use: Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 124054.05
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: 22fe009
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Dec 1, 2023
Sold by
Ehring Jeffrey P and Ehring Judith C
Bought by
Ward Kenneth Brian and Ward Susan Marie
Seller's Agent
Logan Mintz
Coastal Development & Realty Oak Island
Buyer's Agent
Makayla Fenske
Silver Coast Properties
List Price
$45,900
Sold Price
$37,000
Premium/Discount to List
-$8,900
-19.39%
Views
315
Current Estimated Value
$382,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,000
Avg. Annual Appreciation
248.48%

Purchase Details

Closed on
Sep 13, 2016
Sold by
Barrington Place Development Company Llc
Bought by
Ehring Jeffrey P and Ehring Judith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,175
Interest Rate
3.43%
Mortgage Type
Credit Line Revolving
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
Ward Kenneth Brian $37,000 None Listed On Document
Ehring Jeffrey P $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ehring Jeffrey P $62,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $37,000 -19.4% --
10/22/2023 10/22/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $45,900 -- --
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 -- $65,000 $65,000 $0
2024 $239 $65,000 $65,000 $0
2023 $325 $65,000 $65,000 $0
2022 $325 $63,500 $63,500 $0
2021 $325 $63,500 $63,500 $0
2020 $324 $63,500 $63,500 $0
2019 $324 $63,500 $63,500 $0
2018 $286 $55,000 $55,000 $0
2017 $279 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100370951

Hive MLS

APN: 227FE009