NOT LISTED FOR SALE

229 E First St Ocean Isle Beach, NC 28469

Estimated Value: $826,000 - $874,000

3 Beds
2 Baths
1,020 Sq Ft
$839/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $725,000 $711 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,636/month

2 Days on Market

Highlights

  • Furnished
  • Tile Flooring
  • Heating Available
  • Union Elementary School Rated A-
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of August 2023

This cozy three bedroom two bath home boasts ocean views to go along with it's ''old cottage'' feel with original pine ceilings surrounded by more modern upgrades from a 2019 full makeover. Plantation blinds throughout the home have been added recently as well. Conveniently located close to a public beach access this second row beach house offers a great home base for families to enjoy the surf and sands of OIB. Offered mostly furnished this turnkey opportunity only requires you to bring your suitcase to begin enjoying life at the beach. Do yourself a favor and click on the virtual tour found in the pictures section of this listing and walk through the home as if you were there! Make your appointment to view today!

Last Agent to Sell the Property

Walter Stacy

Coldwell Banker Sloane Realty OIB Listed on: 08/03/2023

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 5,227

Home Design

  • Shingle Roof
  • Asbestos Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Heating Available
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Oven, Electric Cooktop, Washer, Refrigerator, Range, Dryer, Dishwasher
  • Original List Price: 699000.00
  • Accessibility Features: None
  • Unit Levels: One
  • Is New Construction?: No
  • Type Type: 3 Bedroom
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 685.29
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile
  • Interior Amenities: Master Downstairs, Furnished, Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Laundry Features: Laundry Closet
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 6
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Attic Features: Access Only
  • Living Area Range: 1000 - 1199

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos
  • Fencing: None
  • Roof: Shingle
  • Pool Features: None
  • Road Frontage Type: Maintained, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Second Row
  • Waterfront?: No
  • Foundation Details: Other, Pilings
  • Patio And Porch Features: Deck, Porch
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Off Street, On Site

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Trash Collection: City Pick-UP
  • Water Source: Public
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer, Brunswick County Public Utilities
  • Electric Provider: Brunswick Electric
  • Water Provider: Brunswick County Public Utilities

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Junior High Dist: Brunswick County Schools

Lot Info

  • Deed Book: 4214
  • Deed Page: 1166.00
  • Lot Number: 6
  • Zoning: R-1
  • Lot Features: Open Lot, Level, Second Row
  • Lot Size Acres: 0.12
  • Lot Size: 52x100
  • Lot Size Sq Ft: 5097.00
  • Purchase Contract Date: 2023-08-05
  • Parcel#: 244oc005
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Permitted Use: Public

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 3
  • Tax Map Number: 179
  • Tax Other Assessment Amount Frequency: none
  • Tax Amount: 1765.1

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 28, 2023
Sold by
Thompson Jennifer Wright
Bought by
Preddy David L and Preddy Johnette Gordon
Seller's Agent
Walter Stacy
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Sally Seller
Non Member Office
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Views
112
Current Estimated Value
$855,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,472
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Jul 2, 2019
Sold by
Johnson Jeffrey J and Johnson Donna N
Bought by
Thompson Jennifer Wright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,100
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2017
Sold by
Lathan William R and Lathan Mary Foster W
Bought by
Johnson Jeffrey J and Johnson Donna N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Preddy David L $725,000 None Listed On Document
Preddy David L $725,000 None Listed On Document
Thompson Jennifer Wright $359,000 None Available
Johnson Jeffrey J $217,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Jennifer Wright $323,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $725,000 +3.7% $711 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $699,000 -- $685 / 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 $2,322 $643,810 $400,000 $243,810
2024 $23 $620,370 $400,000 $220,370
2023 $1,765 $613,430 $400,000 $213,430
2022 $0 $322,700 $220,000 $102,700
2021 $0 $322,700 $220,000 $102,700
2020 $1,486 $322,700 $220,000 $102,700
2019 $1,516 $220,000 $220,000 $0
2018 $1,486 $271,640 $200,000 $71,640
2017 $1,442 $200,000 $200,000 $0
2016 $1,423 $200,000 $200,000 $0
2015 $1,423 $271,640 $200,000 $71,640
2014 $1,648 $348,890 $300,000 $48,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100397932

Hive MLS

APN: 244OC005