NOT LISTED FOR SALE

218 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,023,000 - $3,068,000

4 Beds
2 Baths
1,368 Sq Ft
$1,499/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $825,000 $603 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $11,452/month

162 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Union Elementary School Rated A-
  • Furnished
  • Covered Patio or Porch

About This Home

As of April 2020

OCEAN FRONT HOME. Lovely home that was personal residence and not rented for 12 years. Vaulted ceiling with loft that can be used as 5th bedroom or additional den. 4 large bedrooms with Jack and Jill baths. Outdoor shower and fenced area under home. Nice storage room with room for golf cart.

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc. License #233506 Listed on: 10/07/2019

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,924

Year Built

  • Built in 1982

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Property is zoned OI-R-1

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring
  • Water Views
  • Partial Basement

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Partially Finished Attic

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 244oi017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,924

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1982
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Floored - Partial
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Pantry, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 617.69
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Upper
  • Sq Ft Heated: 1368.00
  • Total Heated Primary Separate Sq Ft: 1368.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: Partial
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 593.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50 X 150
  • Lot Sq Ft: 7405.00
  • Plat Book: 3
  • Plat Page: 179
  • Zoning: OI-R-1

Tax Info

  • Tax Identifier: 244oi017
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Mar 30, 2020
Sold by
Forrest Cuy E and Forrest Frances Ann
Bought by
Bacon Robert E and Bacon Mary
Seller's Agent
Stephanie Smith
Select Premium Properties Inc.
Buyer's Agent
A Non Member
A Non Member
List Price
$845,000
Sold Price
$825,000
Premium/Discount to List
-$20,000
-2.37%
Current Estimated Value
$2,051,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,226,172
Avg. Annual Appreciation
19.02%

Purchase Details

Closed on
Jun 13, 2019
Sold by
Madison Elizabeth C and Madison Elizabeth C
Bought by
Forrest Guy and Forrest Frances Ann

Purchase Details

Closed on
Nov 30, 2007
Sold by
Lubbs Norman R and Lubbs Deborah L
Bought by
Forrest Anne C and Forrest Guy E

Purchase Details

Closed on
Nov 9, 2005
Sold by
Lubbs Deborah L and Lubbs Deborah L
Bought by
Lubbs Norman R and Lubbs Deborah L

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
Interest Rate
6.37%
Mortgage Type
Assumption
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
Bacon Robert E $825,000 None Available
Forrest Guy -- None Available
Forrest Anne C $1,010,000 None Available
Lubbs Norman R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lubbs Norman R $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $825,000 -2.4% $603 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $845,000 -- $618 / 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 $6,924 $1,849,070 $800,000 $1,049,070
2024 $6,924 $1,849,070 $800,000 $1,049,070
2023 $6,929 $1,849,070 $800,000 $1,049,070
2022 $6,929 $1,304,930 $575,000 $729,930
2021 $4,459 $795,650 $575,000 $220,650
2020 $3,694 $724,170 $575,000 $149,170
2019 $3,681 $579,590 $575,000 $4,590
2018 $3,252 $496,190 $494,000 $2,190
2017 $3,209 $496,190 $494,000 $2,190
2016 $3,184 $496,190 $494,000 $2,190
2015 $3,184 $635,800 $494,000 $141,800
2014 $3,202 $701,071 $600,000 $101,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100187653

Hive MLS

APN: 244OI017