NOT LISTED FOR SALE

251 W First St Ocean Isle Beach, NC 28469

Estimated Value: $1,960,417 - $3,045,000

6 Beds
6 Baths
2,901 Sq Ft
$871/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $1,100,000 $379 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $13,938/month

1,574 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Wood Flooring
  • Union Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of November 2012

Exceptional reverse floor plan beach house designed for ocean front location, with expansive ocean facing living/dining/master bedroom glass wall views & over 1550+SF ocean viewing porch/decks,landscaped in ground pool & hot tub, and an additional ocean front deck pool. Cathedral ceilings, elevator, hardwood floors, Bahama inspired furnishings, stainless appliances and numerous molding & trim upgrades, fire place,commercial ice maker, large HDTV,XM/PS2 sound system Sleeps 20+.

Last Agent to Sell the Property

Sarah Harris

Intracoastal Realty Listed on: 07/29/2008

Intracoastal Realty

Last Buyer's Agent

Walter Stacy

Cooke Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,499

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 50x261x50x263
  • Ocean Front
  • Property is zoned SFR RESORT

Home Design

  • Slab Foundation
  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,901 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 106407681847

Community Details

Recreation

  • Community Pool

Additional Features

  • No Home Owners Association
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,499

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 2005
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Whirlpool, Elevator, Hot Tub, Furnished, Ceiling Fan(s), Blinds/Shades
  • List Price per Sq Ft: 413.62
  • Master Bedroom Level: N/A
  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Bedrooms: 6
  • Sq Ft Heated: 2901.00
  • Total Heated Primary Separate Sq Ft: 2901.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Composition, See Remarks
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Vent Hood, Washer, Refrigerator, See Remarks, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Heating System: Heat Pump, Zoned
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Community Pool, See Remarks

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 544.00
  • Lot Acres: 0.30
  • Lot Dimensions: 50X261X50X263
  • Lot Number: 2
  • Lot Sq Ft: 13000.00
  • Zoning: SFR RESORT
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 106407681847

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2008
Closed on
Nov 28, 2012
Sold by
Milhen Llc
Bought by
Cook Charles E and Cook Karen Anne
Seller's Agent
Sarah Harris
Intracoastal Realty
Buyer's Agent
Walter Stacy
Cooke Realty
List Price
$2,595,000
Sold Price
$1,100,000
Premium/Discount to List
-$1,495,000
-57.61%
Current Estimated Value
$2,526,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,426,854
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
May 6, 2008
Sold by
Johnson Valerie H and Johnson Donald M
Bought by
Millhen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
5.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Cook Charles E $1,100,000 None Available
Millhen Llc $1,100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millhen Llc $2,160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2012 11/28/12 Sold $1,100,000 -57.6% $379 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
07/29/2008 07/29/08 For Sale $2,595,000 -- $895 / 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 $6,499 $1,718,750 $800,000 $918,750
2024 $6,499 $1,718,750 $800,000 $918,750
2023 $6,369 $1,718,750 $800,000 $918,750
2022 $6,369 $1,183,390 $575,000 $608,390
2021 $6,369 $1,183,390 $575,000 $608,390
2020 $6,320 $1,183,390 $575,000 $608,390
2019 $6,279 $612,880 $575,000 $37,880
2018 $5,700 $561,350 $520,000 $41,350
2017 $5,612 $561,350 $520,000 $41,350
2016 $5,562 $561,350 $520,000 $41,350
2015 $5,562 $1,098,670 $520,000 $578,670
2014 $4,748 $1,020,874 $660,000 $360,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20630040

Hive MLS

APN: 257FI026