NOT LISTED FOR SALE

201 E Second St Ocean Isle Beach, NC 28469

Estimated Value: $1,424,000 - $1,851,000

0.14 Acre
$11,350,879 Price per Acre
5,984 Sq Ft Lot

Last Sold January 16, 2018

Last sale price $270,000

Est. 489% increase in value since last sale

Current estimated payment $9,036/month

155 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 74 Feet of Waterfront
  • No HOA
  • Union Elementary School Rated A-
  • Corner Lot
  • Accessible Ramps

About This Lot

As of January 2018

Rare opportunity to buy on the deep water canals of Ocean Isle Beach. This corner ''T'' lot, larger than interior lots, allows for a larger home; Enjoys DIRECT ICW access; and a bulkhead in excellent condition. Ready to build your dream beach home,though there is no time restriction as to when to build. Buy to build or buy to hold. This rare deep water canal lot offers an excellent investment opportunity. Call or email for details.

Last Agent to Sell the Property

Diane Dalen

Sunset Properties, Inc. Listed on: 07/04/2017

Last Buyer's Agent

Linda Register

Intracoastal Realty License #181404

Intracoastal Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,727

Lot Details

  • 5,984 Sq Ft Lot
  • 74 Feet of Waterfront
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned OI-R-1

Schools

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

Additional Features

  • Water Views
  • Accessible Ramps
  • Water Rights

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 244on031

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$4,727

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 194
  • Water Frontage: 74.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Ramp, See Remarks, Street Lights

Lot Info

  • Deed Book: 3180
  • Deed Page: 8070809.00
  • Lot Description: Corner Lot, Deeded Water Rights, Water Depth 4+
  • Lot Dimensions: T lot - 51'x 110' on Second, 11' x 31' on Moore
  • Lot Number: 31
  • Lot Sq Ft: 5984.00
  • Lot Water Features: Bulkhead, Deeded Waterfront, Water Depth 4+
  • Plat Book: H
  • Plat Page: 374
  • Special Assessments: dredge tax
  • Zoning: OI-R-1
  • Acres: 0.14
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Price per Acre: 2142857.14
  • Soil Evaluation Other: sewer
  • Topography: Cleared, Level
  • Lot Number2: 31

Tax Info

  • Tax Identifier: 244on031
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2017
Closed on
Jan 10, 2018
Sold by
Bain Robert Carson
Bought by
Moore Harvey James and Moore Lynn Jones
Seller's Agent
Diane Dalen
Sunset Properties, Inc.
Buyer's Agent
Linda Register
Intracoastal Realty
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
Current Estimated Value
$1,589,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,319,123
Avg. Annual Appreciation
26.15%

Purchase Details

Listed on
Jul 4, 2017
Closed on
Jan 9, 2018
Sold by
Osborn Elizabeth Bain and Osborn Arthur
Bought by
Bain Robert Carson and Bain Vicki H
Seller's Agent
Diane Dalen
Sunset Properties, Inc.
Buyer's Agent
Linda Register
Intracoastal Realty
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
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
Moore Harvey James -- None Available
Bain Robert Carson $270,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $270,000 -10.0% --
12/06/2017 12/06/17 Pending -- -- --
07/04/2017 07/04/17 For Sale $300,000 -- --
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 $4,727 $1,265,110 $500,000 $765,110
2024 $4,727 $1,265,110 $500,000 $765,110
2023 $4,362 $1,243,460 $500,000 $743,460
2022 $4,362 $816,820 $310,000 $506,820
2021 $4,362 $816,820 $310,000 $506,820
2020 $4,326 $816,820 $310,000 $506,820
2019 $4,299 $331,170 $310,000 $21,170
2018 $1,254 $255,000 $255,000 $0
2017 $1,249 $255,000 $255,000 $0
2016 $1,247 $255,000 $255,000 $0
2015 $1,247 $255,000 $255,000 $0
2014 $1,448 $325,000 $325,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100071509

Hive MLS

APN: 244ON031