$715,000
SOLD MAY 27, 2025

242 E Second St Ocean Isle Beach, NC 28469

3 Beds
1 Bath
864 Sq Ft
5,053 Sq Ft Lot

Recently Sold

$828 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Water Views
  • Deck
  • Covered Patio or Porch
  • Union Elementary School Rated A-
  • No HOA
  • Combination Dining and Living Room

About This Home

As of May 2025

This is one of the best single family home Opportunities on OIB!!!! This corner lot location with direct beach access is just incredible!!! It doesn't get much more convenient than this one!! This 3 bedroom home offers the best of all worlds and features wonderful updates throughout!! The upstairs has been thoughtfully renovated with an updated kitchen, painted wooden wall accents, a large porch to entertain on, an underneath area to spread out, very thoughtful landscaping that is maintenance free and overall this home is updated in all the right places!! This way you can move right in and start living your best life here at OIB in this beach home where the best family memories are made!! This home is also set up as a rental property and will be sold fully furnished and it has rental income on the books for Summer 2025 that you will walk right into!! If you are looking for a fully furnished, turn key beach home that is priced basically for the land value, this is the one!!!! This investment won't last long at this price and the sellers have done a pre listing home inspection for all potential buyers as well. Come see this one at your earliest convenience before someone else buys this rare opportunity!!

Last Agent to Sell the Property

Baxter Cheek

Keller Williams Innovate-OIB Mainland License #262683 Listed on: 04/29/2025

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

Sarah Harris

Intracoastal Realty

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1961

Lot Details

  • 5,053 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is zoned Oi-R-1

Home Design

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

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 244od020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,072

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 809.03
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Sq Ft Heated: 864.00
  • Total Heated Primary Separate Sq Ft: 864.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Open, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Gravel, Off Street

Utilities

  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 273.00
  • Lot Acres: 0.12
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 5053.00
  • Lot Water Features: None
  • Special Assessments: None Known
  • Zoning: Oi-R-1
  • Lot View Type: Ocean, Water

Tax Info

  • Tax Identifier: 244od020
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 2071.56

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte Middle
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2025
Closed on
May 22, 2025
Sold by
Braga Christopher J and Braga Suzanne C
Bought by
Ges Holdings Llc
Seller's Agent
Baxter Cheek
Keller Williams Innovate-OIB Mainland
Buyer's Agent
Sarah Harris
Intracoastal Realty
List Price
$699,000
Sold Price
$715,000
Premium/Discount to List
$16,000
2.29%
Views
15
Current Estimated Value
$745,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,501
Avg. Annual Appreciation
7.21%

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 26, 2021
Sold by
Prescott Sarah Love and Prescott Wendell E
Bought by
Braga Christopher J and Braga Suzanne C
Seller's Agent
Scott Haigler
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Andrew Ervin
Corcoran DeRonja Real Estate
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$373,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2003
Bought by
Prescott Sarah L
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 Type Sale Price Title Company
Warranty Deed $715,000 None Listed On Document
Warranty Deed $415,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $373,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2025 05/27/25 Sold $715,000 +2.3% $828 / Sq Ft
05/03/2025 05/03/25 Pending -- -- --
04/29/2025 04/29/25 For Sale $699,000 +68.4% $809 / Sq Ft
06/01/2021 06/01/21 Sold $415,000 -7.8% $480 / Sq Ft View Prior Sale
04/27/2021 04/27/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $450,000 -- $521 / 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 $1,564 $390,520 $225,000 $165,520
2024 $1,564 $390,520 $225,000 $165,520
2023 $1,278 $390,520 $225,000 $165,520
2022 $1,278 $218,440 $150,000 $68,440
2021 $1,275 $218,440 $150,000 $68,440
2020 $0 $218,440 $150,000 $68,440
2019 $1,243 $150,000 $150,000 $0
2018 $1,324 $234,840 $150,000 $84,840
2017 $1,285 $150,000 $150,000 $0
2016 $1,260 $150,000 $150,000 $0
2015 $1,262 $234,840 $150,000 $84,840
2014 $1,511 $315,580 $250,000 $65,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100504124

Hive MLS

APN: 244OD020