NOT LISTED FOR SALE

131 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,388,000 - $1,605,125

5 Beds
5 Baths
2,491 Sq Ft
$612/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $700,000 $281 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,649/month

6 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Furnished
  • Union Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of August 2017

Completed in June 2017 this home is rented through Mid-August at $5100/ week. Superb location with ocean views, only 5 houses to the beach access, coupled with a 14x26 SALT WATER pool,this home can only increase with rental income. Nice large front & back decks for outdoor enjoyment. Wired for speakers. Some covered; some great for sitting in the sun. SO close to the ocean that you always enjoy those breezes & the sound of the ocean. This house offers a reverse floor plan two separate living areas, one with a pool table & wet bar great for entertaining. Five bedrooms & five baths. Open floor plan, stainless steel appliances & a wall of windows enhances the top living area. Maintenance free exterior with vinyl railings, one car garage, plenty of open parking & pool Tiki Bar. A must to see!!

Last Agent to Sell the Property

Linda Register

Intracoastal Realty License #181404 Listed on: 07/03/2017

Intracoastal Realty

Last Buyer's Agent

Sarah Harris

Intracoastal Realty

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,179

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 50 x 100 x 50 x 100
  • Fenced Yard
  • Vinyl Fence

Home Design

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

Interior Spaces

  • 2,491 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 258ae006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,179

Year Built

Built in 2017

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: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 9Ft+ Ceilings, Reverse Floor Plan, Wet Bar, Walk-In Closet, Walk-in Shower, Smoke Detectors, Elevator, Furnished, Ceiling Fan(s), Ceiling - Trey, Blinds/Shades
  • List Price per Sq Ft: 280.61
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 10
  • Sq Ft Heated: 2491.00
  • Total Heated Primary Separate Sq Ft: 2491.00

Exterior Features

  • Exterior Features: Gas Grill, Security Lighting, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Vinyl
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Open, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Street Lights, Trash

Lot Info

  • Deed Page: 1178.00
  • Lot Dimensions: 50 x 100 x 50 x 100
  • Lot Number: 5
  • Lot Water Features: Second Row
  • Plat Book: 3
  • Plat Page: 179
  • Zoning: RES
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 258ae006
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Sep 22, 2017
Sold by
Frye Kimothy Marc and Frye Monette H
Bought by
Frye Property Llc
Seller's Agent
Linda Register
Intracoastal Realty
Buyer's Agent
Sarah Harris
Intracoastal Realty
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$1,523,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$823,531
Avg. Annual Appreciation
9.82%
Original Mortgage
$560,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2017
Closed on
Aug 15, 2017
Sold by
Baker Nova Llc
Bought by
Frye Kimothy Marc and Frye Charles Douglas
Seller's Agent
Linda Register
Intracoastal Realty
Buyer's Agent
Sarah Harris
Intracoastal Realty
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2016
Closed on
Sep 23, 2016
Sold by
Thompson Jerry Moore and Thompson Linda Baxter
Bought by
Baker Nova Llc
Seller's Agent
Bill Bright
Bright Realty LLC
Buyer's Agent
Linda Register
Intracoastal Realty
List Price
$289,000
Sold Price
$230,000
Premium/Discount to List
-$59,000
-20.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
244.41%

Purchase Details

Closed on
Oct 1, 1989
Bought by
Thompson Jerry Moore Et Linda
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
Frye Property Llc -- None Available
Frye Kimothy Marc $700,000 None Available
Baker Nova Llc $230,000 None Available
Thompson Jerry Moore Et Linda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frye Kimothy Marc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $700,000 +0.1% $281 / Sq Ft
07/09/2017 07/09/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $699,000 +203.9% $281 / Sq Ft
09/23/2016 09/23/16 Sold $230,000 -20.4% $260 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $289,000 -- $327 / 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 $4,179 $1,096,630 $400,000 $696,630
2024 $4,179 $1,096,630 $400,000 $696,630
2023 $3,714 $1,096,630 $400,000 $696,630
2022 $3,714 $674,880 $220,000 $454,880
2021 $3,775 $674,880 $220,000 $454,880
2020 $3,740 $674,880 $220,000 $454,880
2019 $3,713 $254,260 $220,000 $34,260
2018 $3,458 $236,080 $200,000 $36,080
2017 $1,377 $200,290 $200,000 $290
2016 $1,382 $200,290 $200,000 $290
2015 $1,383 $271,020 $200,000 $71,020
2014 $1,554 $339,775 $300,000 $39,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100070940

Hive MLS

APN: 258AE006