NOT LISTED FOR SALE

232 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,121,744 - $1,483,000

4 Beds
2 Baths
1,152 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $729,900 $634 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,934/month

43 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Union Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of May 2017

Ocean-front cottage is a classic! Remember when a beach vacation from years gone by included a stay in a shotgun home that provided the essentials, but relied heavily on the extensive vista of sand and sea? Compact floor plan with wood floors, along with tongue and groove paneling, will allow you to revisit those memories in the here and now, but perhaps plan for the future since this location could be a highly desirable spot for new home one day! The property is a summer rental with an established track record for those wanting income potential. But if having your own place on the beachfront has been your dream, here's an opportunity without spending seven figures. The possibilities are almost as infinite as the ocean views!

Last Agent to Sell the Property

Bonnie Rotundo

Coldwell Banker Sloane Realty OIB License #187522 Listed on: 03/15/2017

Coldwell Banker Sloane Realty OIB

Last Buyer's Agent

Linda Register

Cooke Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49x150x48x149
  • Ocean Front
  • Property is zoned OI-R-1

Home Design

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

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Wood Flooring
  • Ocean Views
  • Storm Doors

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ocean Isle Beach Island Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 244oi010

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Dryer
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 258.00
  • Directions To Property: Cross bridge to OIB, continue to roundabout to East First Street. House is on right, at the end of Mt. Olive Street.
  • Document Count: 6
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • Green Bldg Certify: None
  • Green Bldg Features: None
  • Handicap Accessible: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100053536
  • List Priceper Sq Ft: 659.64
  • Location Type: Island
  • Lot Acres: 0.17
  • Lot Dimensions: 49X150X48X149
  • Lot Number: 11
  • Lot Sq Ft: 7405.00
  • Marketing City: Ocean Isle Beach Island
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Open, Porch
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • School District: Brunswick
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Water Provider: City/Town
  • Sign On Property: Yes
  • Sq Ft Heated: 1152.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Ocean Isle Beach Island
  • Tax Identifier: 244oi010
  • Tax Year: 2016
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 1152.00
  • Un Branded Virtual Tour: https://player.vimeo.com/video/209729563
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1970
  • Zoning: OI-R-1
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Wood
  • Interior Amenities: Furnished
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Wood Siding
  • On Site Pool Spa: None
  • Roof: Composition
  • Waterfront: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Off Street, Unpaved

Utilities

  • Heated Sq Ft: 1000 - 1199
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
May 25, 2017
Sold by
Eudy Keith Ward and Berini Mary W
Bought by
Green Annette H and Green Kevin W
Seller's Agent
Bonnie Rotundo
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Linda Register
Cooke Realty
List Price
$759,900
Sold Price
$729,900
Premium/Discount to List
-$30,000
-3.95%
Current Estimated Value
$1,267,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,286
Avg. Annual Appreciation
6.60%
Original Mortgage
$424,100
Outstanding Balance
$352,498
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$914,688
Source: Public Records
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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
Green Annette H $730,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Annette H $424,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $729,900 -3.9% $634 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $759,900 -- $660 / 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 $3,681 $1,007,700 $800,000 $207,700
2024 $37 $1,007,700 $800,000 $207,700
2023 $3,533 $1,007,700 $800,000 $207,700
2022 $3,533 $681,950 $575,000 $106,950
2021 $3,507 $681,950 $575,000 $106,950
2020 $3,490 $681,950 $575,000 $106,950
2019 $3,476 $576,810 $575,000 $1,810
2018 $3,077 $495,560 $494,000 $1,560
2017 $3,059 $495,560 $494,000 $1,560
2016 $3,034 $495,560 $494,000 $1,560
2015 $3,036 $599,690 $494,000 $105,690
2014 $3,050 $663,665 $600,000 $63,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100053536

Hive MLS

APN: 244OI010