NOT LISTED FOR SALE

179 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,289,000 - $1,571,334

5 Beds
5 Baths
2,401 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $618,000 $257 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $8,022/month

697 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Deck
  • Union Elementary School Rated A-
  • 1 Acre Lot
  • 1 Fireplace

About This Home

As of May 2017

Take the 3 stop elevator to the top of this reversed floor plan and enjoy exceptional ocean views. The interior catwalk leads to a unique rooftop deck for long range strand views. This unique craftsmen built home has architectural design features not found in other high end 2nd row homes. House has history of high dollar rental income ($67,214 in 2016), swimming pool, fireplace, a living room area on each floor, a hard to find corner location, and much more.

Last Agent to Sell the Property

Bill Bright

Bright Realty LLC License #40631 Listed on: 05/01/2015

Last Buyer's Agent

Seth Barbee

Carolina Plantations Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,770

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 50x100
  • Wood Fence
  • Property is zoned OI-R-1

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Dining Room
  • Ocean Views
  • Storm Doors

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 107519527130

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,770

Year Built

Built in 2005

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: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Laminate, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Wet Bar, Elevator, Furnished, Ceiling Fan(s)
  • Laundry Location: Hall
  • List Price per Sq Ft: 270.30
  • Master Bedroom Level: N/A
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 12
  • Sq Ft Heated: 2401.00
  • Total Heated Primary Separate Sq Ft: 2401.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Composition, Wood Siding
  • Fencing: Wood
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1282.00
  • Lot Acres: 1.00
  • Lot Dimensions: 50X100
  • Lot Number: 1
  • Lot Sq Ft: 43560.00
  • Lot Water Features: Second Row
  • Plat Book: 3
  • Plat Page: 179
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 107519527130
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 2770.00
  • Total Real Estate Property Taxes: 2770.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
May 12, 2017
Sold by
Bohn James D and Bohn Melody M
Bought by
Bohn Properties Llc
Seller's Agent
Bill Bright
Bright Realty LLC
Buyer's Agent
Seth Barbee
Carolina Plantations Real Estate
List Price
$725,000
Sold Price
$618,000
Premium/Discount to List
-$107,000
-14.76%
Current Estimated Value
$1,451,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,084
Avg. Annual Appreciation
10.85%
Original Mortgage
$424,100
Outstanding Balance
$215,576
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,255,450

Purchase Details

Listed on
May 1, 2015
Closed on
Apr 22, 2017
Sold by
On The Water Llc
Bought by
Bohn James D and Bohn Melody M
Seller's Agent
Bill Bright
Bright Realty LLC
Buyer's Agent
Seth Barbee
Carolina Plantations Real Estate
List Price
$725,000
Sold Price
$618,000
Premium/Discount to List
-$107,000
-14.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Outstanding Balance
$215,576
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$1,255,450

Purchase Details

Closed on
Dec 22, 2006
Sold by
On The Water 2 Llc
Bought by
On The Water Llc

Purchase Details

Closed on
Jan 13, 2005
Sold by
Batten Dorothy B
Bought by
Derks William H and Derks Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.5%
Mortgage Type
Construction
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
Bohn Properties Llc -- None Available
Bohn James D $618,000 None Available
On The Water Llc -- None Available
Derks William H $420,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohn James D $424,100
Previous Owner Derks William H $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $618,000 -14.8% $257 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
05/01/2015 05/01/15 For Sale $725,000 -- $302 / 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 $3,947 $1,022,820 $400,000 $622,820
2024 $3,947 $1,022,820 $400,000 $622,820
2023 $3,502 $1,022,820 $400,000 $622,820
2022 $3,502 $625,690 $220,000 $405,690
2021 $3,495 $625,690 $220,000 $405,690
2020 $3,453 $625,690 $220,000 $405,690
2019 $3,426 $244,980 $220,000 $24,980
2018 $3,241 $228,340 $200,000 $28,340
2017 $3,115 $228,340 $200,000 $28,340
2016 $3,066 $228,340 $200,000 $28,340
2015 $3,066 $587,690 $200,000 $387,690
2014 $2,770 $577,143 $300,000 $277,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20692200

Hive MLS

APN: 258AG009