NOT LISTED FOR SALE

240 E First St Ocean Isle Beach, NC 28469

Estimated Value: $2,145,457 - $3,286,000

5 Beds
5.5 Baths
2,901 Sq Ft
$933/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $1,250,000 $431 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $14,883/month

294 Days on Market

Highlights

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

About This Home

As of July 2015

Stunning Ocean Front Home - one of the most beautiful on OIB located on an extra wide lot. This home, which has a 3-stop elevator for all levels, is designed with an open floor plan allowing you to enjoy spectacular water & sunset views from the great room, dining & kitchen areas. The kitchen/dining area features ceramic tile & backsplash, decorative lighting & white cabinetry. The great room boasts hardwood flooring, recessed lighting, fireplace & ceiling fan. Each of the four bedrooms are en suite. All of the baths have ceramic tile flooring & granite counters. The luxurious master suite features a trey ceiling, ceiling fan & doors that open to a covered deck overlooking the beach. The bath has ceramic tile flooring, granite counters, ceramic shower, & tub surrounded by tile. Exterior fe

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage License #182490 Listed on: 09/11/2014

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Frances Warner

Coldwell Banker Sea Coast Advantage License #182490 Listed on: 09/11/2014

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,845

Year Built

  • Built in 2009

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 73x150x72x150
  • Ocean Front
  • Irrigation
  • Property is zoned OI-R-1

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,901 Sq Ft Home
  • 2-Story Property
  • Elevator
  • 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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 107519720373

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,845

Year Built

Built in 2009

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: 2009
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Elevator, Gas Logs, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 461.56
  • Master Bedroom Level: N/A
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Sq Ft Heated: 2901.00
  • Total Heated Primary Separate Sq Ft: 2901.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • 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: 245.00
  • Lot Acres: 0.25
  • Lot Dimensions: 73X150X72X150
  • Lot Number: 7
  • Lot Sq Ft: 10852.00
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 107519720373
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 4845.00
  • Total Real Estate Property Taxes: 4845.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2014
Closed on
Jul 7, 2015
Sold by
Ross Jeffrey M and Ross Denise Lynn
Bought by
Schenck George W and Schenck Cindy S
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
List Price
$1,459,000
Sold Price
$1,250,000
Premium/Discount to List
-$209,000
-14.32%
Current Estimated Value
$2,705,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,455,364
Avg. Annual Appreciation
7.78%
Original Mortgage
$417,000
Outstanding Balance
$328,525
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$2,364,806

Purchase Details

Closed on
Mar 27, 2009
Sold by
Stanton George L and Stanton Dwight O
Bought by
Ross Jeffrey M
Source: Public Records

Range of Values:

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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
Schenck George W $1,250,000 None Available
Ross Jeffrey M $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenck George W $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2015 07/08/15 Sold $1,250,000 -14.3% $431 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
09/11/2014 09/11/14 For Sale $1,459,000 -- $503 / 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 $6,485 $1,779,170 $960,000 $819,170
2024 $6,485 $1,779,170 $960,000 $819,170
2023 $6,394 $1,779,170 $960,000 $819,170
2022 $6,394 $1,235,830 $690,000 $545,830
2021 $6,394 $1,235,830 $690,000 $545,830
2020 $6,358 $1,235,830 $690,000 $545,830
2019 $6,331 $731,380 $690,000 $41,380
2018 $5,846 $661,020 $624,000 $37,020
2017 $5,759 $661,020 $624,000 $37,020
2016 $5,709 $661,020 $624,000 $37,020
2015 $5,709 $1,135,800 $624,000 $511,800
2014 $4,845 $1,049,660 $675,000 $374,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20686485

Hive MLS

APN: 244OI006