NOT LISTED FOR SALE

7587 Wallace Place SW Sunset Beach, NC 28468

Estimated Value: $263,000

0.3 Acre
$876,667 Price per Acre
13,068 Sq Ft Lot

Last Sold March 03, 2021

Last sale price $5,000

Est. 5,160% increase in value since last sale

Current estimated payment $1,531/month

11 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Tennis Courts
  • Fitness Center
  • Community Indoor Pool
  • Community Garden

About This Lot

As of March 2021

This home site in the Jaguar's Lair section of Ocean Ridge Plantation is priced to sell at just a fraction of it's original purchase price. This .3/acre home site has access to all of the great Ocean Ridge amenities including a Plantation Clubhouse with a heated indoor pool, a jacuzzi, a sauna, steam room, a fitness center, an outdoor pool, pickle ball courts, a banquet room, walking trails, a pavilion area, a community garden,4 golf courses with golf clubhouses/restaurants, and a beach clubhouse on the one and only Sunset Beach!

Last Agent to Sell the Property

Ryan Powers

ASAP Realty License #260766 Listed on: 01/09/2021

Last Buyer's Agent

Deborah Boodro

Coastal Communities Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $59

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80 x 160 x 73 x 175
  • Level Lot

HOA Fees

  • $143 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 242hg039

Community Details

Overview

  • Cams (Orma) HOA, Phone Number (910) 239-1333
  • Ocean Ridge Plantation Subdivision
  • Maintained Community

Amenities

  • Community Garden
  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$59

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

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No

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: 3345
  • Deed Page: 171.00
  • Lot Dimensions: 80 X 160 X 73 X 175
  • Lot Number: 39
  • Lot Sq Ft: 13068.00
  • Zoning: Residential
  • Acres: 0.30
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 20000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level
  • Lot Number2: 39

Tax Info

  • Tax Identifier: 242hg039
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 54.00

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
Jan 9, 2021
Closed on
Feb 24, 2021
Sold by
Donovan Richard and Donovan Joyce
Bought by
Coastal Communities At Ocean Ridge Plant
Seller's Agent
Ryan Powers
ASAP Realty
Buyer's Agent
Deborah Boodro
Coastal Communities Realty
List Price
$6,000
Sold Price
$5,000
Premium/Discount to List
-$1,000
-16.67%
Current Estimated Value
$263,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,000
Avg. Annual Appreciation
165.17%

Purchase Details

Listed on
Oct 17, 2012
Closed on
Dec 4, 2012
Sold by
Hawkins William D and Hawkins Lillian Michelle
Bought by
Donovan Richard and Donovan Joyce
Seller's Agent
The Dream Team
Mary Ann Bechtel Real Estate
Buyer's Agent
Mary Ann Bechtel
RE/MAX at the Beach/Sunset Beach
List Price
$15,000
Sold Price
$14,000
Premium/Discount to List
-$1,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.85%

Purchase Details

Closed on
Oct 11, 2006
Sold by
Coastal Communities At Ocean Ridge Plant
Bought by
Hawkins William D and Hawkins Lillian Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,310
Interest Rate
6.39%
Mortgage Type
FHA
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
Coastal Communities At Ocean Ridge Plant $5,000 None Available
Donovan Richard $14,000 None Available
Hawkins William D $386,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawkins William D $347,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2021 03/03/21 Sold $5,000 -16.7% --
01/20/2021 01/20/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $6,000 -57.1% --
01/04/2013 01/04/13 Sold $14,000 -6.7% -- View Prior Sale
11/23/2012 11/23/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $15,000 -- --
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 $59 $12,300 $12,300 $0
2024 $59 $12,300 $12,300 $0
2023 $54 $12,300 $12,300 $0
2022 $54 $7,750 $7,750 $0
2021 $54 $7,750 $7,750 $0
2020 $54 $7,750 $7,750 $0
2019 $54 $7,750 $7,750 $0
2018 $69 $11,000 $11,000 $0
2017 $64 $11,000 $11,000 $0
2016 $61 $11,000 $11,000 $0
2015 $63 $11,000 $11,000 $0
2014 $541 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100251582

Hive MLS

APN: 242HG039