NOT LISTED FOR SALE

102 W First St Ocean Isle Beach, NC 28469

Estimated Value: $1,460,000 - $1,631,000

5 Beds
5 Baths
2,587 Sq Ft
$597/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $1,326,500 $513 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,651/month

3 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Clubhouse
  • Union Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of March 2023

Are you ready for the summer? Well, this 5 bedroom, 5 bath, 2nd row home is ready for you and summer! This amazing home featuring spectacular ocean views from three floors, granite countertops, gleaming hardwood oak and tile floors, stainless steel appliances, 3-floor elevator, and private pool. The home offers a sensational location, situated directly across the street is the private beach club, community pool and beach access. Also, a day-dock on the sound is available for Resort members and their guests. Step outside and enjoy the stunning ocean views from the comfort of your private pool or take a short stroll to the pristine white sands of the community's private beach club owner's lounge. Whether you're looking to relax and soak up the sun or take a dip in the refreshing ocean waters, this home offers everything you need for the ultimate beach vacation. Located roughly 6/10 mile west on the island, it is convenient to the commercial areas but outside of the busy beach commercial areas. The tastefully decorated home is fully furnished with beach home accents with practical elements to support 15 guests. With these amazing assets, it is not surprising that this home generated more than $93k in gross revenue last year and has more than $86k booked so far in 2023. Don't miss out on the opportunity to own this stunning home on Ocean Isle Beach. Schedule your showing today and starting enjoying the beach lifestyle you've always wanted.

Last Agent to Sell the Property

Darren Bouley

Silver Coast Properties License #228861 Listed on: 03/07/2023

Last Buyer's Agent

The Cheek Team

Keller Williams Realty-Brunswick County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,604

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 51x100x51x100
  • Fenced Yard
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Property is zoned OI-R-1

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,587 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 257fo002

Community Details

Overview

  • The Resort At Oib Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,604

Year Built

Built in 2006

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Wet Bar, Sprinkler System, Solid Surface, Smoke Detectors, Elevator, Pantry, Kitchen Island, Furnished, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 483.19
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 13
  • Sq Ft Heated: 2587.00
  • Total Heated Primary Separate Sq Ft: 2587.00

Exterior Features

  • Exterior Features: Irrigation System, Thermal Windows, Outdoor Shower
  • Exterior Finish: Composition
  • Exterior Structures: Shower, Storage
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Porch, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Concrete, Gravel

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Beach Access, Community Pool, Clubhouse
  • HOAAssociationFee1Year: 556.00

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 521.00
  • Lot Acres: 0.12
  • Lot Description: Corner Lot
  • Lot Dimensions: 51X100x51x100
  • Lot Number: 2
  • Lot Sq Ft: 5227.00
  • Lot Water Features: Second Row
  • Plat Book: 33
  • Plat Page: 542
  • Zoning: OI-R-1
  • Lot View Type: Ocean View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 257fo002
  • Tax Year: 2022

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 31, 2023
Sold by
Morris David M and Morris Sarah E
Bought by
Barefoot On The Beach Llc
Seller's Agent
Darren Bouley
Silver Coast Properties
Buyer's Agent
The Cheek Team
Keller Williams Realty-Brunswick County
List Price
$1,250,000
Sold Price
$1,326,500
Premium/Discount to List
$76,500
6.12%
Views
30
Current Estimated Value
$1,544,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,006
Avg. Annual Appreciation
6.20%
Original Mortgage
$1,061,200
Outstanding Balance
$1,030,163
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$514,343

Purchase Details

Listed on
Mar 7, 2023
Closed on
Mar 30, 2023
Sold by
102 West First Street Realty Llc
Bought by
Morris David M and Morris Sarah E
Seller's Agent
Darren Bouley
Silver Coast Properties
Buyer's Agent
The Cheek Team
Keller Williams Realty-Brunswick County
List Price
$1,250,000
Sold Price
$1,326,500
Premium/Discount to List
$76,500
6.12%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,061,200
Outstanding Balance
$1,030,163
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$514,343

Purchase Details

Closed on
Mar 13, 2020
Sold by
Normand Paul E and Normand Gail A
Bought by
102 West First Street Realty Llc

Purchase Details

Listed on
Mar 4, 2016
Closed on
May 9, 2016
Sold by
Etrade Bank
Bought by
Normand Paul E and Normand Gail A
Seller's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Darren Bouley
Greylock Company, Inc.
List Price
$669,900
Sold Price
$614,000
Premium/Discount to List
-$55,900
-8.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$314,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
The Resort At Ocean Isle Beach Llc
Bought by
Werner Richard G and Werner Deanna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Barefoot On The Beach Llc -- --
Morris David M $1,326,500 --
102 West First Street Realty Llc -- None Available
Normand Paul E $614,000 Nationallink
Werner Richard G $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris David M $1,061,200
Previous Owner Normand Paul E $314,000
Previous Owner Werner Richard G $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $1,326,500 +6.1% $513 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $1,250,000 +103.6% $483 / Sq Ft
05/26/2016 05/26/16 Sold $614,000 -8.3% $228 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $669,900 -- $249 / 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 $4,604 $1,229,210 $550,000 $679,210
2024 $4,604 $1,229,210 $550,000 $679,210
2023 $3,956 $1,229,210 $550,000 $679,210
2022 $3,956 $712,370 $275,000 $437,370
2021 $3,855 $712,370 $275,000 $437,370
2020 $3,920 $712,370 $275,000 $437,370
2019 $3,893 $297,440 $275,000 $22,440
2018 $3,403 $225,680 $200,000 $25,680
2017 $3,316 $225,680 $200,000 $25,680
2016 $3,388 $225,680 $200,000 $25,680
2015 $3,388 $657,250 $200,000 $457,250
2014 $3,215 $666,029 $331,500 $334,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100372778

Hive MLS

APN: 257FO002