NOT LISTED FOR SALE

16 E First St Unit 222 Ocean Isle Beach, NC 28469

Estimated Value: $402,726 - $462,000

1 Bed
1 Bath
701 Sq Ft
$367/mo HOA Fee

Last Sold October 13, 2015

Last sale price $205,000 $292 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,735/month

105 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Whirlpool Bathtub
  • Union Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to OIB Children's Playground

About This Home

As of October 2015

It doesn't get any better than a beautiful Ocean Front Condo that is within walking distance to just about everything! Enjoy incredible ocean views from your private deck or spend the day swimming in the very large pool or just sitting in the hot tub. This lovely one bedroom condo has all you could want. The kitchen features white beaded board cabinetry, black appliances, ceramic tile floor & ceramic tile back splash. The living/dining rm area boosts a wetbar, carpet, ceiling fan, & doors opening to the private deck. The living/dining rm has a nautical theme which is carried through to the bedrm. The bedrm has carpet, and whirlpool tub surrounded by ceramic tile. The bathrm features light colored beaded board cabinetry, wainscoting, granite counters, ceramic tile floor, & shower surrounde

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage License #182490 Listed on: 06/29/2015

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Frances Warner

Coldwell Banker Sea Coast Advantage License #182490 Listed on: 06/29/2015

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $992

Year Built

  • Built in 1984

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 701 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Deck
  • Ocean Front

Community Details

Overview

  • Ocean Cove Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$992

Year Built

Built in 1984

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Microwave - Built-In, Dryer
  • Auction: No
  • Construction Type: Stick Built
  • Deed Page: 813.00
  • Directions To Property: Cross over bridge to the island. Turn left at the traffic circle, Ocean Cove is immediately on your right near the pier.
  • Document Count: 3
  • Foundation: Pilings
  • Green Bldg Features: None
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Community Pool, Water, Maint - Comm Areas, Sewer, Pest Control, Management, Maintenance Structure, Maint - Roads, Maint - Grounds
  • Listing I D: 20694279
  • List Priceper Sq Ft: 313.69
  • Location Type: Island
  • Marketing City: Ocean Isle Beach Island
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Pre Direction: E
  • Road Type Frontage: Paved
  • Sign On Property: Yes
  • Sq Ft Heated: 701.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories Levels: One
  • Subdivision: Ocean Cove
  • Tax Year: 2014
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 992.00
  • Total Real Estate Property Taxes: 992.00
  • Total Heated Primary Separate Sq Ft: 701.00
  • Un Branded Virtual Tour: http://tour.circlepix.com/home2/a49ll8
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • H O A Association Fee1 Year: 4404.00
  • H O A H O A1 Mgmt Company: CAM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile
  • Interior Amenities: 1st Floor Master, Furnished, Whirlpool, Wash/Dry Connect, Ceiling Fan(s), Blinds/Shades
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Security Lighting, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Heated Sq Ft: 600 - 799
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Oct 9, 2015
Sold by
Lyrehc 4 Llc
Bought by
Scaboo Kristian M and Scaboo Kimberly H
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
List Price
$229,000
Sold Price
$205,000
Premium/Discount to List
-$24,000
-10.48%
Current Estimated Value
$431,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,182
Avg. Annual Appreciation
7.53%
Original Mortgage
$184,500
Outstanding Balance
$145,163
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$286,019

Purchase Details

Closed on
Apr 8, 2014
Sold by
Wolgemuth Richard L and Wolgemuth Cheryl Ann
Bought by
Lyrehc 4 Llc

Purchase Details

Closed on
Jun 12, 2009
Sold by
Bruce Samuel R and Bruce Anita
Bought by
Wolgemuth Richard and Wolgemuth Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
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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
Scaboo Kristian M $205,000 None Available
Lyrehc 4 Llc -- None Available
Wolgemuth Richard $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scaboo Kristian M $184,500
Previous Owner Wolgemuth Richard $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2015 10/13/15 Sold $205,000 -10.5% $292 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $229,000 -- $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 $1,380 $370,110 $0 $370,110
2024 $14 $370,110 $0 $370,110
2023 $1,238 $370,110 $0 $370,110
2022 $1,229 $230,000 $0 $230,000
2021 $1,236 $230,000 $0 $230,000
2020 $1,229 $230,000 $0 $230,000
2019 $1,228 $0 $0 $0
2018 $871 $0 $0 $0
2017 $845 $0 $0 $0
2016 $846 $0 $0 $0
2015 $846 $156,400 $0 $156,400
2014 $992 $202,690 $0 $202,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20694279

Hive MLS

APN: 257DA01301