NOT LISTED FOR SALE

118 W First St Ocean Isle Beach, NC 28469

Estimated Value: $869,439 - $1,173,000

4 Beds
3 Baths
1,588 Sq Ft
$634/Sq Ft Est. Value

Last Sold August 12, 2020

Last sale price $525,000 $331 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,710/month

150 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Solid Surface Countertops
  • Union Elementary School Rated A-
  • Furnished
  • No HOA

About This Home

As of August 2020

Can't retire yet? This 4 bedroom, 3 bath, almost new beach cottage in delightful Ocean Isle Beach can be your vacation home 'til then. This west side cottage is minutes from the (optional membership) community pool or the beach access. The exterior offers easy to maintain vinyl siding and all the exterior woodwork has recently been painted. Plenty of parking under the house, outdoor shower, and small storage room for all your beach supplies. The inside features an open floor plan, beautiful white kitchen with solid surface counter tops, almost new appliances. Washer, dryer on first floor. Each room has ceiling fans, and speakers. Offered fully furnished, with proven rental history and requiring no updates for the 2020 rental season. It's your time to put a lock on your future! Schedule a private showing today!

Last Agent to Sell the Property

Tabetha Cooke

Coastal Carolina Realty LLC License #129025 Listed on: 01/22/2020

Co-Listed By

Stuart Cooke

Coastal Carolina Realty LLC License #53983

Last Buyer's Agent

Justin Kinlaw

CENTURY 21 Sunset Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,425

Year Built

  • Built in 1994

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 4 Attached Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 257fl025

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,425

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Solid Surface, Furnished, Ceiling - Vaulted
  • Laundry Location: Hall
  • List Price per Sq Ft: 346.35
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Sq Ft Heated: 1588.00
  • Total Heated Primary Separate Sq Ft: 1588.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Open, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 4.00
  • Total Carport Spaces: 4.00
  • Parking Driveway: Carport, Off Street, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Washer, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 679.00
  • Lot Acres: 0.11
  • Lot Description: Open
  • Lot Dimensions: 50 x 100
  • Lot Number: 25
  • Lot Sq Ft: 5000.00
  • Lot Water Features: Second Row
  • Plat Book: Z
  • Plat Page: 147
  • Zoning: R-1

Green Features

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

Rental Info

  • Rental Income Gross Rental Income: 18000.00
  • Annual Gross Rental Income Collected: 2019

Tax Info

  • Tax Identifier: 257fl025
  • Tax Year: 2018

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
Roy Joseph A and Roy Christine B
Bought by
Sto Rentals Llc
Current Estimated Value
$990,810

Purchase Details

Listed on
Jan 22, 2020
Closed on
Jul 31, 2020
Sold by
Rynbrandt Robert L and Rynbrandt Linda Jo
Bought by
Roy Joseph A and Roy Christine B
Seller's Agent
Tabetha Cooke
Coastal Carolina Realty LLC
Buyer's Agent
Justin Kinlaw
CENTURY 21 Sunset Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$446,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2018
Sold by
Rynbrandt Robert L and Rynbrandt Linda J
Bought by
Rynbrandt Robert L and Rynbrandt Linda Jo

Purchase Details

Closed on
Jan 2, 2008
Sold by
Pedersen John G and Pedersen Brenda M
Bought by
Rynbrandt Robert L and Rynbrandt Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sto Rentals Llc -- None Available
Roy Joseph A $525,000 None Available
Rynbrandt Robert L -- None Available
Rynbrandt Robert L $715,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roy Joseph A $446,250
Previous Owner Rynbrandt Robert L $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $525,000 -4.5% $331 / Sq Ft
06/20/2020 06/20/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $550,000 -- $346 / 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
2024 $3,425 $943,110 $550,000 $393,110
2023 $2,617 $943,110 $550,000 $393,110
2022 $2,617 $498,330 $275,000 $223,330
2021 $2,617 $498,330 $275,000 $223,330
2020 $2,640 $498,330 $275,000 $223,330
2019 $2,640 $275,000 $275,000 $0
2018 $2,116 $391,940 $200,000 $191,940
2017 $2,026 $200,000 $200,000 $0
2016 $2,001 $200,000 $200,000 $0
2015 $2,001 $391,940 $200,000 $191,940
2014 $2,152 $463,630 $325,000 $138,630
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Hive MLS

MLS Number: 100200859

Hive MLS

APN: 257FL025