NOT LISTED FOR SALE

16 E First St Unit 303 Ocean Isle Beach, NC 28469

Estimated Value: $758,000 - $815,760

4 Beds
3 Baths
1,500 Sq Ft
$735/mo HOA Fee

Last Sold July 01, 2016

Last sale price $375,000 $250 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,194/month

14 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Vaulted Ceiling
  • Union Elementary School Rated A-
  • Deck
  • 3-minute walk to OIB Children's Playground

About This Home

As of July 2016

Marketing/Public Remarks: Top floor penthouse unit offers expansive views of the ocean from the master BR, LR & front decks. Unit offers a private elevator which opens to the spacious kitchen. Condo has 2 levels with the top level offering 1 BR en Suite and a loft used as a 2nd BR. Main living area includes a large LR/DR combo & open to the kitchen. Master suite has a whirlpool tub surrounded by tile, sep shower & dressing area. 2nd BR faces the front. Centrally located on the island & near several restaurants, museum, shops & the pier. Private parking space for this unit with ample additional parking. Ocean Cove has always done very well in rentals. Enjoy the sunrises & sunsets from your spacious deck. All you need to bring is your bathing suit! This unit has it all!

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage License #182490 Listed on: 05/17/2016

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Frank Saubers

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1984

Lot Details

  • Ocean Front
  • Vinyl Fence
  • Wood Fence

HOA Fees

  • $735 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Carport
  • Shared Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 257da01304

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Ocean Cove Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Security Service
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,116

Year Built

Built in 1984

Lot Details

0

HOA Fees

$735 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Elevator, Whirlpool, Wash/Dry Connect, Smoke Detectors, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • List Price per Sq Ft: 266.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1500.00
  • Total Heated Primary Separate Sq Ft: 1500.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: Partial, Wood, Vinyl
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Carport, On Site, Shared

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Maint - Comm Areas, Termite Bond, Taxes, Security, Roof, Pest Control, Owner Pets Only, Master Insure, Management, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 8820.00

Lot Info

  • Deed Page: 172.00
  • Plat Book: 3519
  • Plat Page: 172
  • Special Assessments: Yes
  • Zoning: Residential
  • Lot View Type: Ocean View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 257da01304
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 2116.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 1, 2016
Sold by
Lyrehc 4 Llc
Bought by
Boehm Alan P and Bartman Kimberly
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Frank Saubers
Coldwell Banker Sea Coast Advantage
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Current Estimated Value
$792,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,940
Avg. Annual Appreciation
8.41%
Original Mortgage
$279,000
Outstanding Balance
$126,526
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$666,414

Purchase Details

Closed on
Feb 28, 2007
Sold by
Cooke Samuel L and Cooke Kathy L
Bought by
Wolgrmuth Richard L and Wolgemuth Cherly Ann

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
Interest Rate
6.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Boehm Alan P $375,000 None Available
Wolgrmuth Richard L $500,000 None Available
Wolgemuth Richard L $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boehm Alan P $279,000
Previous Owner Wolgemuth Richard L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $375,000 -6.0% $250 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $399,000 -- $266 / 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 $2,857 $736,270 $0 $736,270
2024 $2,857 $736,270 $0 $736,270
2023 $2,099 $736,270 $0 $736,270
2022 $2,099 $372,990 $0 $372,990
2021 $2,099 $372,990 $0 $372,990
2020 $2,091 $372,990 $0 $372,990
2019 $2,068 $0 $0 $0
2018 $1,785 $0 $0 $0
2017 $1,741 $0 $0 $0
2016 $1,716 $0 $0 $0
2015 $1,716 $317,360 $0 $317,360
2014 $1,542 $310,460 $0 $310,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100012855

Hive MLS

APN: 257DA01304