NOT LISTED FOR SALE

1512 Horse Branch Rd SW Ocean Isle Beach, NC 28469

Estimated Value: $393,000 - $498,000

3 Beds
2 Baths
2,784 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $275,000 $99 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,405/month

160 Days on Market

Highlights

  • 0.4 Acre Lot
  • Deck
  • Covered Patio or Porch
  • Union Elementary School Rated A-
  • No HOA
  • Workshop

About This Home

As of February 2021

Previous buyers ran into issues with their loan making this a terrific opportunity for you! Looking for a spacious home with room to park your boat and/or RV? This is the place you've been looking for! Newer roof, hvac & constant hot water heater. Two full kitchens, spacious bedrooms, separate laundry area, 2 car detached garage, two spacious living areas. Could be a great income producing investment with separate entrances the upper and lower living spaces may be occupied separately. Porches on the front and back of the home. Located just minutes from the island and about 2 miles to the public boat ramp at the end of Brick Landing Road.

Last Agent to Sell the Property

Teresa Boyd

Coldwell Banker Sloane Realty OIB License #239474 Listed on: 07/10/2020

Coldwell Banker Sloane Realty OIB

Last Buyer's Agent

Karen Saunders

Southport Realty, Inc. License #303566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1990

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Wood Fence

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,784 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Attic Access Panel
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached
  • 2 Attached Carport Spaces
  • Off-Street Parking

Accessible Home Design

  • Accessible Doors
  • Accessible Entrance

Eco-Friendly Details

  • No or Low VOC Paint or Finish
  • Fresh Air Ventilation System

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Propane
  • Tankless Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Twin Village Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 229na003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Doors, Accessible Entrance
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination, Formal
  • Fireplace: None
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower, Foyer, Pantry, Ceiling Fan(s), Blinds/Shades
  • List Price per Sq Ft: 104.89
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 2784.00
  • Total Heated Primary Separate Sq Ft: 2784.00

Exterior Features

  • Exterior Features: Storm Doors, Storm Windows
  • Exterior Finish: Composition
  • Fencing: Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Patio, Porch, Deck
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Attached Garage Spaces: 1.00
  • Detached Garage Spaces: 2.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Off Street

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Tankless

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 263.00
  • Lot Acres: 0.40
  • Lot Description: Dead End
  • Lot Dimensions: 99 X 175 (buyer to confirm)
  • Lot Number: 3
  • Lot Sq Ft: 17424.00
  • Lot Water Features: None
  • Plat Book: L
  • Plat Page: 390
  • Zoning: Residential

Green Features

  • Green Bldg Features: Energy Star Appl, Tankless Water Heater, Prog Thermostats, Low Voc Paint/Var, Fresh Air Vent

Tax Info

  • Tax Identifier: 229na003
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 1076.23

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Feb 5, 2021
Sold by
Martin Peggy A
Bought by
Feig Daniel J and Feig Anne M
Seller's Agent
Teresa Boyd
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Karen Saunders
Southport Realty, Inc.
List Price
$292,000
Sold Price
$275,000
Premium/Discount to List
-$17,000
-5.82%
Current Estimated Value
$436,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,628
Avg. Annual Appreciation
10.41%
Original Mortgage
$247,500
Outstanding Balance
$220,977
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$215,651

Purchase Details

Closed on
Mar 1, 2002
Bought by
Martin Peggy A
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
Feig Daniel J $275,000 None Available
Martin Peggy A $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feig Daniel J $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $275,000 -5.8% $99 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $292,000 0.0% $105 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $292,000 -- $105 / 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 $1,384 $287,700 $39,000 $248,700
2024 $1,384 $287,700 $39,000 $248,700
2023 $1,605 $287,700 $39,000 $248,700
2022 $1,605 $248,350 $25,000 $223,350
2021 $1,576 $248,350 $25,000 $223,350
2020 $1,576 $248,350 $25,000 $223,350
2019 $1,576 $30,740 $25,000 $5,740
2018 $1,365 $35,850 $30,000 $5,850
2017 $1,278 $35,850 $30,000 $5,850
2016 $1,228 $35,850 $30,000 $5,850
2015 $1,228 $211,940 $30,000 $181,940
2014 $1,076 $198,002 $30,000 $168,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100226321

Hive MLS

APN: 229NA003