NOT LISTED FOR SALE

16 E First St Unit 304 Ocean Isle Beach, NC 28469

Estimated Value: $778,000 - $848,442

4 Beds
3 Baths
1,500 Sq Ft
$434/mo HOA Fee

Last Sold June 13, 2022

Last sale price $780,000 $520 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,977/month

16 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Community Pool
  • Union Elementary School Rated A-
  • Deck
  • 3-minute walk to OIB Children's Playground

About This Home

As of June 2022

STUNNING PENTHOUSE OCEAN FRONT CONDO AT OCEAN ISLE BEACH. THIS CONDO BOAST WITH AN OPEN FLOOR PLAN, DOWNSTAIRS MASTER AND AN ELEVATOR THAT RIDES INTO KITCHEN. OCEAN VIEWS FROM EVERY ROOM. REAR ACCESS STAIRCASE OVERLOOKS RENOVATED, MAINTAINED POOL. TONS OF NATURAL LIGHT WITH AMAZING VEIWS. WALKING DISTANCE TO PIER, MINI GOLF, RESTAURANTS -CONCERTS- TOWNE PARK, AND SHOPPING. THIS UNIT HAS INCREDIBLE RENTAL HISTORY. A MUST SEE!

Last Agent to Sell the Property

Alexander David

Costello Real Estate & Investments License #309135 Listed on: 04/18/2022

Costello Real Estate & Investments

Last Buyer's Agent

Wyndi Gundrum

Coldwell Banker Sloane Realty OIB License #203068

Coldwell Banker Sloane Realty OIB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,634

Year Built

  • Built in 1984

Lot Details

  • 174

HOA Fees

  • $434 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Laundry in Hall

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • 1 Attached Carport Space
  • Driveway
  • Unpaved Parking
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Hot Water Heating System

Additional Features

  • Accessible Elevator Installed
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 257da01305

Community Details

Overview

  • Ocean Cove Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,634

Year Built

Built in 1984

Lot Details

0

HOA Fees

$434 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Elevator
  • Laundry Location: Hall
  • List Price per Sq Ft: 500.00
  • Master Bedroom Level: Non 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: Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Assigned, Unpaved, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump, Hot Water
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Maint - Comm Areas, Management, Maint - Grounds
  • HOAAssociationFee1Year: 5208.00

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 132.00
  • Lot Water Features: Ocean Side
  • Special Assessments: pending assessment
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 257da01305
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2634.17

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 6, 2022
Sold by
David Douglas C and David Patricia S
Bought by
Hasty Orville W and Hasty Betty Suzanne
Seller's Agent
Alexander David
Costello Real Estate & Investments
Buyer's Agent
Wyndi Gundrum
Coldwell Banker Sloane Realty OIB
List Price
$750,000
Sold Price
$780,000
Premium/Discount to List
$30,000
4%
Current Estimated Value
$809,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,111
Avg. Annual Appreciation
1.11%
Original Mortgage
$624,000
Outstanding Balance
$584,833
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$224,278

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 27, 2016
Sold by
Anderson Mason H and Anderson Ann B
Bought by
David Douglas C and David Patricia S
Seller's Agent
Bonnie Rotundo
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Clifton Cheek
Ocean Isle Beach Realty, Inc.
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$287,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2015
Sold by
Anderson Holding Company Llc
Bought by
Anderson Mason H and Anderson Ann B

Purchase Details

Closed on
Dec 1, 1997
Bought by
Anderson Holding Co Llc
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
Hasty Orville W $780,000 Wortman Law Firm Pllc
David Douglas C $350,000 None Available
Anderson Mason H -- None Available
Anderson Holding Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasty Orville W $624,000
Previous Owner David Douglas C $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $780,000 +4.0% $520 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $750,000 +114.3% $500 / Sq Ft
05/27/2016 05/27/16 Sold $350,000 0.0% $233 / Sq Ft View Prior Sale
05/16/2016 05/16/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $349,900 -- $233 / 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 $2,844 $736,270 $0 $736,270
2024 $2,844 $736,270 $0 $736,270
2023 $2,634 $736,270 $0 $736,270
2022 $2,634 $477,990 $0 $477,990
2021 $2,634 $477,990 $0 $477,990
2020 $2,616 $477,990 $0 $477,990
2019 $2,603 $0 $0 $0
2018 $1,785 $0 $0 $0
2017 $1,741 $0 $0 $0
2016 $1,716 $0 $0 $0
2015 $1,639 $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: 100323227

Hive MLS

APN: 257DA01305