NOT LISTED FOR SALE

164 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,512,000 - $1,757,000

6 Beds
4 Baths
2,340 Sq Ft
$703/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $1,665,000 $712 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,060/month

22 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of March 2024

Spacious 6BR/4BA ocean front beach house situated mid island. Not only does this home offer ample room for large groups or families, but it's well maintained condition and excellent rental success make it an attractive investment opportunity. This comfy oceanfront home is perfect for relaxing on the deck or gazebo overlooking the beach!

Last Agent to Sell the Property

Debbie Smith

Coldwell Banker Sloane Realty OIB License #33007 Listed on: 02/05/2024

Coldwell Banker Sloane Realty OIB

Last Buyer's Agent

Seth Barbee

The Saltwater Agency License #280250

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Ocean Front
  • Property is zoned R1

Home Design

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

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • Covered Parking
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Open Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 258ah003

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1976
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 769.23
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 6
  • Number Rooms: 3
  • Sq Ft Heated: 2340.00
  • Total Heated Primary Separate Sq Ft: 2340.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Concrete, Covered

Utilities

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

Association/Amenities

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

Lot Info

  • Deed Page: 15.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50x150
  • Lot Sq Ft: 7500.00
  • Lot Water Features: Ocean Side
  • Plat Book: 3
  • Plat Page: 179
  • Zoning: R1
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 258ah003
  • Tax Year: 2024

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Smk Beach Llc
Bought by
Kretchmer Michael and Eissens Stephanie
Total Days on Market
22
Current Estimated Value
$1,645,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$750,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$899,701

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 18, 2024
Sold by
Williams Emmett and Williams Edna N
Bought by
Smk Beach Llc
Seller's Agent
Debbie Smith
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Seth Barbee
The Saltwater Agency
List Price
$1,800,000
Sold Price
$1,665,000
Premium/Discount to List
-$135,000
-7.5%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$250,000
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1986
Bought by
Williams Emmett
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
Kretchmer Michael -- None Listed On Document
Kretchmer Michael -- None Listed On Document
Smk Beach Llc $1,665,000 None Listed On Document
Williams Emmett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kretchmer Michael $750,000
Closed Kretchmer Michael $750,000
Previous Owner Smk Beach Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $1,665,000 -7.5% $712 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $1,800,000 -- $769 / 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 -- $1,250,110 $800,000 $450,110
2024 $4,018 $1,101,810 $800,000 $301,810
2023 $3,865 $1,101,810 $800,000 $301,810
2022 $3,865 $747,610 $575,000 $172,610
2021 $3,865 $747,610 $575,000 $172,610
2020 $3,848 $747,610 $575,000 $172,610
2019 $3,834 $584,770 $575,000 $9,770
2018 $3,406 $498,710 $494,000 $4,710
2017 $3,358 $498,710 $494,000 $4,710
2016 $3,333 $498,710 $494,000 $4,710
2015 $3,337 $658,690 $494,000 $164,690
2014 $3,358 $730,078 $600,000 $130,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100425897

Hive MLS

APN: 258AH003