NOT LISTED FOR SALE

25 Cumberland St Ocean Isle Beach, NC 28469

Estimated Value: $1,481,000 - $1,831,000

0.13 Acre
$12,899,946 Price per Acre
5,663 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $375,000

Est. 347% increase in value since last sale

Current estimated payment $9,539/month

18 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 49 Feet of Waterfront
  • Level Lot
  • Union Elementary School Rated A-
  • No HOA

About This Lot

As of September 2021

Waterfront lot, on the island, with direct access to the ICW and only a short walk to the beach. Ocean Isle Beach is a quaint seaside beach town that you will fall in love with right away! On the island, there are restaurants/grills, arcades, beach shoppes, putt-putt, ice cream shoppes, everything you need to enjoy your vacation and all within golf cart distance from this wonderful lot.

Last Agent to Sell the Property

Ginger Massengale

Weichert Realtors Southern-Coast License #273410 Listed on: 06/17/2021

Weichert Realtors Southern-Coast

Last Buyer's Agent

Ginger Massengale

Weichert Realtors Southern-Coast License #273410 Listed on: 06/17/2021

Weichert Realtors Southern-Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,023

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x115
  • 49 Feet of Waterfront
  • Level Lot
  • Cleared Lot
  • Property is zoned R1

Schools

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

Additional Features

  • Water Views
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 244on013

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deeded Waterfront Access Rights
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$5,023

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 49.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 04515
  • Deed Page: 1370.00
  • Lot Description: See Remarks
  • Lot Dimensions: 50x115
  • Lot Sq Ft: 5663.00
  • Lot Water Features: Bulkhead, Deeded Waterfront
  • Plat Book: H
  • Plat Page: 374
  • Zoning: R1
  • Cleared Acres: 0.13
  • Acres: 0.13
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 3076153.85
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Flood Plain, Level

Tax Info

  • Tax Identifier: 244on013
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 18, 2021
Sold by
Dimljzio James
Bought by
Joyce Leland S and Joyce Karen Lowry
Seller's Agent
Ginger Massengale
Weichert Realtors Southern-Coast
Buyer's Agent
Ginger Massengale
Weichert Realtors Southern-Coast
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Current Estimated Value
$1,676,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,301,993
Avg. Annual Appreciation
45.69%

Purchase Details

Closed on
Dec 9, 2020
Sold by
Dimuzio Vicki L
Bought by
Dimuzio James

Purchase Details

Closed on
Oct 1, 2002
Bought by
Dimuzio James Jr Et Vicki L
Source: Public Records

Range of Values:

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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
Joyce Leland S $375,000 None Available
Dimuzio James -- None Available
Dimuzio James -- None Listed On Document
Dimuzio James Jr Et Vicki L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyce Leland S $726,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $375,000 -6.2% --
07/05/2021 07/05/21 Pending -- -- --
07/03/2021 07/03/21 Price Changed $399,900 -11.1% --
06/17/2021 06/17/21 For Sale $450,000 -- --
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 $5,023 $1,351,710 $500,000 $851,710
2024 $5,023 $1,351,710 $500,000 $851,710
2023 $1,547 $1,103,920 $500,000 $603,920
2022 $1,547 $314,820 $310,000 $4,820
2021 $0 $310,000 $310,000 $0
2020 $1,522 $310,000 $310,000 $0
2019 $1,520 $310,000 $310,000 $0
2018 $1,254 $255,000 $255,000 $0
2017 $1,249 $255,000 $255,000 $0
2016 $1,247 $255,000 $255,000 $0
2015 $1,247 $255,000 $255,000 $0
2014 $1,448 $325,000 $325,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100277065

Hive MLS

APN: 244ON013