NOT LISTED FOR SALE

1540 Randall St SW Ocean Isle Beach, NC 28469

Estimated Value: $502,000 - $701,000

0.18 Acre
$3,370,733 Price per Acre
7,841 Sq Ft Lot

Last Sold February 27, 2020

Last sale price $36,000

Est. 1,721% increase in value since last sale

Current estimated payment $3,735/month

184 Days on Market

Highlights

  • Water Views
  • No HOA
  • Level Lot
  • Union Elementary School Rated A-

About This Lot

As of February 2020

Prime Time Land right near the base of the OIB Bridge and the new Town Hall!! Also, Publix Grocery Store is right near this lot as well as multiple other restaurants, grocery, banking, shopping etc. There are two lots for sale which can be purchased individually or also together. These lots were previously allowed to have duplex structures built on them which would make for a great investment property, full time home or second home. You can also build a single family home on these lots so your possibilities are endless. Buy these lots today and ride the appreciation and equity in this location!!!!MLS # - 100174323

Last Agent to Sell the Property

The Cheek Team

Keller Williams Innovate-OIB Mainland Listed on: 07/08/2019

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,726

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned OI-R-2M

Property Views

  • Water Views

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 243ec01401

Property Details

Property Type

Land

Est. Annual Taxes

$1,726

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Unpaved
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 80

Utilities

  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Book: 4097
  • Deed Page: 1103.00
  • Lot Number: 26
  • Lot Sq Ft: 7841.00
  • Lot Water Features: None
  • Plat Book: 6
  • Plat Page: 81
  • Zoning: OI-R-2M
  • Acres: 0.18
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 261111.11
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 26

Tax Info

  • Tax Identifier: 243ec01401
  • Tax Year: 2018

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Belk Kevin B and Belk Julie S
Bought by
Belk Investments Llc
Current Estimated Value
$655,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$359,980
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$223,033

Purchase Details

Listed on
Jul 8, 2019
Closed on
Feb 13, 2020
Sold by
Brady George and Brady Pamela C
Bought by
Belk Kevin D and Belk Anthony R
Seller's Agent
The Cheek Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
A Non Member
A Non Member
List Price
$47,000
Sold Price
$36,000
Premium/Discount to List
-$11,000
-23.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.69%

Purchase Details

Closed on
Oct 1, 2003
Bought by
Summertime Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Belk Investments Llc -- None Available
Belk Kevin D $72,000 None Available
Summertime Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belk Investments Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $36,000 -23.4% --
01/08/2020 01/08/20 Pending -- -- --
07/08/2019 07/08/19 For Sale $47,000 -- --
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 $1,726 $387,700 $40,000 $347,700
2023 $1,388 $387,700 $40,000 $347,700
2022 $1,388 $203,690 $25,000 $178,690
2021 $141 $25,000 $25,000 $0
2020 $139 $25,000 $25,000 $0
2019 $138 $25,000 $25,000 $0
2018 $162 $30,000 $30,000 $0
2017 $158 $30,000 $30,000 $0
2016 $156 $30,000 $30,000 $0
2015 $156 $30,000 $30,000 $0
2014 $209 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100174321

Hive MLS

APN: 243EC01401