NOT LISTED FOR SALE

580 SW Morely Cir Ocean Isle Beach, NC 28469

Estimated Value: $805,641 - $1,233,000

0.39 Acre
$2,502,974 Price per Acre
16,988 Sq Ft Lot

Last Sold December 31, 2018

Last sale price $59,493 $23 Per Sq Ft

Est. 1,541% increase in value since last sale

Current estimated payment $5,461/month

432 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • 0.39 Acre Lot
  • Union Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Lot

As of December 2018

Magnificent home site at Barrington Place - Ocean Ridge's newest neighborhood. An expansive 109 ft across the front affords you lots of options and flexibility with your new home design. Features include: High elevation, generous 10,000 sq. ft impervious allocation, beautiful mature trees, and a stunning park-like setting with scenic corridor views of Tiger's Eye Golf fairways from the front, offering you aesthetic beauty and value. Very private, with only a few home sites on the street. This home site is one of the best values in the community. Ocean Ridge Plantation offers you 72 holes of championship golf, an ocean front Beach Club, nature parks and gardens, indoor and outdoor swimming pools, over 100 clubs, and lots more. Now is the perfect time to visit.

Last Agent to Sell the Property

Ocean Ridge Team

Ocean Ridge Plantation Real Estate Sales License #C13939 Listed on: 08/09/2017

Last Buyer's Agent

David Adams

Ocean Ridge Plantation Real Estate Sales License #135980

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $267

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 109x146x113x161
  • Property fronts a private road
  • Level Lot
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number 227fc006

Community Details

Overview

  • 1St Srv Residential HOA, Phone Number (855) 546-9462
  • 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
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$267

Lot Details

0

HOA Fees

$100 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 109

Utilities

  • 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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Comm Garden, Fitness Center, Gated Community, Golf Course, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Picnic Grounds, Playground, Pool, Pool - Indoor, Restaurant, Security, Sidewalk, Street Lights, Tennis, Trails
  • Annual HOA: 1202.00
  • HOA Company: 1st Srv Residential
  • HOA Phone: 855-546-9462

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 3517
  • Deed Page: 163.00
  • Lot Description: Wooded
  • Lot Dimensions: 109x146x113x161
  • Lot Number: 59
  • Lot Sq Ft: 17103.00
  • Lot Water Features: None
  • Plat Book: 89
  • Plat Page: 79
  • Special Assessments: Proposed Barrington Place Gate
  • Zoning: Residential
  • Acres: 0.39
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 166410.26
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, Wooded
  • Lot Number2: 59

Tax Info

  • Tax Identifier: 227fc006
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 266.75

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
Aug 9, 2017
Closed on
Dec 14, 2018
Sold by
Barrington Place Development Company Llc
Bought by
Barone Robert A and Barone Robin M
Seller's Agent
Ocean Ridge Team
Ocean Ridge Plantation Real Estate Sales
Buyer's Agent
David Adams
Ocean Ridge Plantation Real Estate Sales
List Price
$99,900
Sold Price
$59,493
Premium/Discount to List
-$40,407
-40.45%
Current Estimated Value
$976,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$916,667
Avg. Annual Appreciation
50.63%
Original Mortgage
$47,400
Outstanding Balance
$29,515
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$946,645
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
Barone Robert A $63,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Robert A $47,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $59,493 -40.4% $23 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/09/2017 08/09/17 For Sale $99,900 -- $38 / Sq Ft
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 $2,887 $669,580 $65,000 $604,580
2024 $2,887 $669,580 $65,000 $604,580
2023 $3,402 $669,580 $65,000 $604,580
2022 $3,402 $578,330 $63,500 $514,830
2021 $3,402 $578,330 $63,500 $514,830
2020 $0 $63,500 $63,500 $0
2019 $324 $63,500 $63,500 $0
2018 $62 $55,000 $55,000 $0
2017 $277 $55,000 $55,000 $0
2016 $17 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100076667

Hive MLS

APN: 227FC006