NOT LISTED FOR SALE

235 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,123,000 - $1,257,000

5 Beds
5 Baths
2,052 Sq Ft
$567/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $620,000 $302 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,445/month

420 Days on Market

Highlights

  • Ocean View
  • 1 Fireplace
  • No HOA
  • Union Elementary School Rated A-
  • Furnished
  • Covered Patio or Porch

About This Home

As of August 2020

Are you looking for a 5BR, 5BATH second row Ocean Isle beach house with an ocean view? This popular beach house is close to the beach access and features LARGE bedrooms, spacious living area, dining and bar seating for 12, and is FULLY FURNISHED AND EQUIPPED. A strong rental history is availabable. Google VRBO 235 E. First Street for more information on this popular Ocean Isle property. NEW HVAC heat pump installed 5/30/2019 with 10 year labor and parts warranty for $50 transfer fee. Rental Income: $49,000 plus.

Last Agent to Sell the Property

Jo Ann Messick

JoAnn Messick Realty License #146805 Listed on: 05/19/2019

Last Buyer's Agent

The Andrews Team

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,352

Year Built

  • Built in 1998

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 48 x 100 x 49 x 100

Parking

  • 2 Attached Carport Spaces

Home Design

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

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 1 Fireplace
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Ocean Isle Beach Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 244oc008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,352

Year Built

Built in 1998

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 and One Half
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Furnished, Smoke Detectors, Walk-in Shower
  • Laundry Location: Closet
  • List Price per Sq Ft: 302.14
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Upper
  • Bedroom 5 Level: Upper
  • Kitchen Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 2052.00
  • Total Heated Primary Separate Sq Ft: 2052.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Maint - Roads, Sidewalk, Street Lights

Lot Info

  • Deed Page: 1240.00
  • Lot Acres: 0.11
  • Lot Dimensions: 48 X 100 X 49 X 100
  • Lot Sq Ft: 4792.00
  • Plat Book: 3
  • Plat Page: 179
  • Zoning: Residential
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 244oc008
  • Tax Year: 2018

MLS Schools

  • High School2: Early College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2019
Closed on
Aug 17, 2020
Sold by
Martin David Richard and Martin Barbara B
Bought by
Fornataro Michael and Fornataro Maura
Seller's Agent
Jo Ann Messick
JoAnn Messick Realty
Buyer's Agent
The Andrews Team
Coldwell Banker Sea Coast Advantage
List Price
$665,000
Sold Price
$620,000
Premium/Discount to List
-$45,000
-6.77%
Current Estimated Value
$1,162,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,942
Avg. Annual Appreciation
12.37%
Original Mortgage
$496,000
Outstanding Balance
$440,976
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$682,680

Purchase Details

Closed on
Jul 1, 1997
Bought by
Martin David Richard Et Barbara
Source: Public Records

Range of Values:

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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
Fornataro Michael $620,000 None Available
Martin David Richard Et Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fornataro Michael $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $620,000 -6.8% $302 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
05/19/2019 05/19/19 For Sale $665,000 -- $324 / 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 $3,352 $841,160 $400,000 $441,160
2024 $3,352 $841,160 $400,000 $441,160
2023 $2,813 $841,160 $400,000 $441,160
2022 $2,813 $484,220 $220,000 $264,220
2021 $2,819 $484,220 $220,000 $264,220
2020 $2,688 $475,550 $220,000 $255,550
2019 $2,661 $220,000 $220,000 $0
2018 $2,451 $432,320 $200,000 $232,320
2017 $2,364 $200,000 $200,000 $0
2016 $2,314 $200,000 $200,000 $0
2015 $2,314 $432,320 $200,000 $232,320
2014 $2,237 $456,700 $300,000 $156,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100166287

Hive MLS

APN: 244OC008