NOT LISTED FOR SALE

225 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,321,923 - $1,532,000

5 Beds
5.5 Baths
2,401 Sq Ft
$612/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $660,000 $275 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $8,254/month

90 Days on Market

Highlights

  • Ocean View
  • Deck
  • Whirlpool Bathtub
  • Union Elementary School Rated A-
  • Wood Flooring
  • Furnished

About This Home

As of April 2014

Enjoy the opulent ocean views from your expansive deck of this reverse floor plan directly across from the ocean. First floor living area has 3 BR's en suite plus a game room/den perfect for the children's getaway. There is also a half bath on this level. Take the 3-stop elevator to the 2nd level which has two luxurious master suites that open to a deck area. The MBA includes a whirlpool tub and separate all ceramic tile shower with inlays. The LR/DR/Kitchen, boasts of a wall of windows with views capturing the sunrise and sunset. The LR has a trey ceiling, built in cabinets, FP & flat screen tv. Enjoy the beauty of the kitchen's stainless appliances, granite counter, tile backsplash & under and above cabinet lighting. The corner DR offers views towards the west capturing the sunset and

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage License #182490 Listed on: 01/23/2014

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Janice Martin

RE/MAX Southern Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,897

Year Built

  • Built in 2005

Lot Details

  • 5,217 Sq Ft Lot
  • Lot Dimensions are 53x102x50x102
  • Property is zoned OI-R-1

Home Design

  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 107519629479

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,897

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Whirlpool, Wet Bar, Elevator, Gas Logs, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 286.13
  • Master Bedroom Level: N/A
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Sq Ft Heated: 2401.00
  • Total Heated Primary Separate Sq Ft: 2401.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Patio, Porch
  • Road Type Frontage: Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 500.00
  • Lot Acres: 0.12
  • Lot Dimensions: 53X102X50X102
  • Lot Number: 8
  • Lot Sq Ft: 5217.00
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 107519629479
  • Tax Year: 2013
  • Total City Real Estate Property Tax: 2897.00
  • Total Real Estate Property Taxes: 2897.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Schabinger Robert and Schabinger Carolyn Diane
Bought by
Heaven On Earth Oib Inc
Current Estimated Value
$1,509,272

Purchase Details

Listed on
Jan 23, 2014
Closed on
Apr 25, 2014
Sold by
Hogan Edward J and Hogan Sharon O
Bought by
Schabinger Robert and Schabinger Carolyn Diane
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Janice Martin
RE/MAX Southern Shores
List Price
$687,000
Sold Price
$660,000
Premium/Discount to List
-$27,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Sep 13, 2011
Closed on
Jan 25, 2012
Sold by
Murphy Christopher and Murphy Christine
Bought by
Hogan Edward J and Hogan Sharon O
Seller's Agent
Bonnie Rotundo
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Joy Sibal
Mary Ann Bechtel Real Estate
List Price
$699,900
Sold Price
$575,000
Premium/Discount to List
-$124,900
-17.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Kim Angel Construction Inc
Bought by
Chitla John D and Chitla Doreelin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2005
Sold by
Chita John D and Chitla Doreelin M
Bought by
Murphy Christopher and Sarubbi Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heaven On Earth Oib Inc -- None Listed On Document
Heaven On Earth Oib Inc -- None Listed On Document
Schabinger Robert $660,000 None Available
Hogan Edward J $575,000 None Available
Chitla John D $515,000 None Available
Murphy Christopher $1,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chitla John D $650,000
Previous Owner Murphy Christopher $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2014 04/25/14 Sold $660,000 -3.9% $275 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $687,000 +19.5% $286 / Sq Ft
01/30/2012 01/30/12 Sold $575,000 -17.8% $239 / Sq Ft View Prior Sale
01/21/2012 01/21/12 Pending -- -- --
09/13/2011 09/13/11 For Sale $699,900 -- $292 / 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 -- $1,066,940 $400,000 $666,940
2024 $4,160 $1,066,940 $400,000 $666,940
2023 $3,672 $1,066,940 $400,000 $666,940
2022 $0 $654,060 $220,000 $434,060
2021 $0 $654,060 $220,000 $434,060
2020 $3,737 $654,060 $220,000 $434,060
2019 $3,730 $241,740 $220,000 $21,740
2018 $3,542 $225,000 $200,000 $25,000
2017 $3,368 $225,000 $200,000 $25,000
2016 $3,308 $225,000 $200,000 $25,000
2015 $3,308 $621,070 $200,000 $421,070
2014 $2,897 $596,028 $300,000 $296,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20679861

Hive MLS

APN: 244OC003