NOT LISTED FOR SALE

122 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,556,000 - $1,761,000

5 Beds
5 Baths
2,076 Sq Ft
$801/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $941,500 $454 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $9,222/month

114 Days on Market

Highlights

  • Ocean Front
  • Deeded access to the beach
  • Deck
  • Union Elementary School Rated A-
  • In Ground Pool
  • Vaulted Ceiling

About This Home

As of April 2017

Great oceanfront location, short walk to center of town, beachy decored home that consistently grosses $65K. This 5 bedroom 5 bath home offers two oceanfront king masters, gas fireplace, nice oceanfront decks for relaxing & watching the beautiful ocean, sunrises & sunsets. Nestled between house & established dune line is SWIMMING POOL WITH NEW DECKING.. There are VERY few OCEANFRONT homes on the market with great rental history, 5/5 beds/baths and swimming pool. Many oceanfront homes today cannot be permitted for pools. Freshly painted living area, halls, 2 bedrooms,& exterior storage & entrance door. Hardwood floors, distressed furniture motif; rooms in light colors makes this feel like a perfect beach home. In 2016 two complete HVAC systems up & down were installed. Your house is ready!!

Last Agent to Sell the Property

Linda Register

Intracoastal Realty License #181404 Listed on: 12/05/2016

Intracoastal Realty

Last Buyer's Agent

AJ Hipp

Resort Brokerage & Consulting

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Wood Fence

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,076 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Water Views
  • Partial Basement
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 258ai003

Home Details

Home Type

Single Family

Year Built

Built in 2001

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: 2.0
  • Stories Levels: Two
  • Year Built: 2001
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Wash/Dry Connect, Furnished, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Hall
  • List Price per Sq Ft: 476.40
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 2076.00
  • Total Heated Primary Separate Sq Ft: 2076.00

Exterior Features

  • Exterior Features: Gas Logs, Outdoor Shower, Security Lighting
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Partial, Wood
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Open, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump, Zoned
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Green Features

  • Green Bldg Features: None

Lot Info

  • Lot Acres: 0.17
  • Lot Dimensions: 50 x 150
  • Lot Number: 3
  • Lot Sq Ft: 7500.00
  • Lot Water Features: Deeded Beach Access
  • Plat Book: 3183
  • Plat Page: 11254
  • Zoning: res

Rental Info

  • Rental Income Gross Rental Income: 65000.00

Tax Info

  • Tax Identifier: 258ai003
  • Tax Year: 2015

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
Apr 8, 2017
Sold by
Fahey Thomas P and Fahey Frances M
Bought by
Sinder Anthony Joseph and Sinder Lynda Lea
Seller's Agent
Linda Register
Intracoastal Realty
Buyer's Agent
AJ Hipp
Resort Brokerage & Consulting
List Price
$989,000
Sold Price
$941,500
Premium/Discount to List
-$47,500
-4.8%
Current Estimated Value
$1,662,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$720,925
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Aug 10, 2011
Sold by
Cooke Chauncey R and Cooke Laurin H
Bought by
Fahey Thomas P and Fahey Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2006
Sold by
Cooke Laurin H and Cooke Chauncey R
Bought by
Cooke Chauncey R and Cooke Laurin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$941,500
Interest Rate
7.12%
Mortgage Type
Assumption

Purchase Details

Closed on
Jun 20, 2006
Sold by
Lyles Betty J and Lyles Catherine F
Bought by
Cooke Laurin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,500
Interest Rate
6.49%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Lyles Betty Jones and Lyles Catherine Ellyn
Bought by
Lyles Betty Jones and Lyles Catherine Ellyn
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
Sinder Anthony Joseph $941,500 None Available
Fahey Thomas P $825,000 None Available
Cooke Chauncey R -- None Available
Cooke Laurin H $1,401,500 None Available
Lyles Betty Jones -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fahey Thomas P $495,000
Previous Owner Cooke Chauncey R $941,500
Previous Owner Cooke Laurin H $891,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $941,500 -4.8% $454 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
12/05/2016 12/05/16 For Sale $989,000 -- $476 / 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 -- $1,291,520 $800,000 $491,520
2024 $4,898 $1,291,520 $800,000 $491,520
2023 $4,721 $1,291,520 $800,000 $491,520
2022 $3,970 $876,600 $575,000 $301,600
2021 $4,721 $876,600 $575,000 $301,600
2020 $0 $876,600 $575,000 $301,600
2019 $4,658 $591,950 $575,000 $16,950
2018 $4,149 $513,080 $494,000 $19,080
2017 $4,022 $513,080 $494,000 $19,080
2016 $3,970 $513,080 $494,000 $19,080
2015 $3,970 $771,610 $494,000 $277,610
2014 $3,739 $794,258 $600,000 $194,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100039179

Hive MLS

APN: 258AI003