NOT LISTED FOR SALE

252 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,421,000 - $2,333,000

0.16 Acre
$12,316,500 Price per Acre
7,183 Sq Ft Lot

Last Sold August 15, 2019

Last sale price $582,500 $385 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $10,823/month

140 Days on Market

Highlights

  • 47 Feet of Waterfront
  • Ocean View
  • Level Lot
  • Union Elementary School Rated A-
  • No HOA

About This Lot

As of August 2019

Lot has JUST BEEN CLEARED for you to build your OCEAN FRONT house! There is no better place to build your dream home than right here in beautiful OIB! This direct Ocean Front Lot is just waiting for you. Imagine the incredible ocean views, sitting on your deck and looking out at the ocean, walks on the beach and more! You can build a 5BR, 5BA and 2500 htd sq ft with lots of decks. In addition to the ocean, you can have your ocean front swimming pool too! Build your private walkway to the beach. Property has a deep dune line. Beachfront brilliance awaits!

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 01/11/2019

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Steve Wells

Coldwell Banker Sea Coast Advantage License #217042

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Lot Details

  • 7,183 Sq Ft Lot
  • 47 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • Cleared Lot
  • Property is zoned 244OI001

Property Views

  • Ocean Views

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 244oi001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 47.00

Utilities

  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Page: 1103.00
  • Lot Sq Ft: 7183.00
  • Zoning: 244OI001
  • Acres: 0.16
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 4056250.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 244oi001
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Cannery Woods Llc
Bought by
252 Oib Llc
Current Estimated Value
$1,970,640

Purchase Details

Listed on
Jan 11, 2019
Closed on
Aug 13, 2019
Sold by
Lowe Cynthia M
Bought by
Cannery Woods Llc
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Steve Wells
Coldwell Banker Sea Coast Advantage
List Price
$649,000
Sold Price
$582,500
Premium/Discount to List
-$66,500
-10.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.27%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Martin Mary H
Bought by
Lowe Cynthia M and Martin Charlie E

Purchase Details

Closed on
Sep 26, 2005
Sold by
Martin Martin M
Bought by
Lowe Cynthia M and Martin Charlie E

Purchase Details

Closed on
Sep 22, 2005
Sold by
Martin Charlie E
Bought by
Martin Mary H
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 Buyer Sale Price Title Company
252 Oib Llc -- None Available
Cannery Woods Llc $582,500 None Available
Lowe Cynthia M -- None Available
Lowe Cynthia M -- None Available
Lowe Cynthia M $332,000 None Available
Martin Mary H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2019 08/15/19 Sold $582,500 -10.2% $385 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $649,000 -- $429 / 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 -- $1,560,370 $800,000 $760,370
2024 $5,856 $1,560,370 $800,000 $760,370
2023 $5,568 $1,560,370 $800,000 $760,370
2022 $0 $1,044,900 $575,000 $469,900
2021 $3,133 $1,044,900 $575,000 $469,900
2020 $3,133 $575,000 $575,000 $0
2019 $3,416 $578,810 $575,000 $3,810
2018 $3,133 $495,740 $494,000 $1,740
2017 $3,089 $495,740 $494,000 $1,740
2016 $3,064 $495,740 $494,000 $1,740
2015 $3,064 $605,680 $494,000 $111,680
2014 $3,116 $677,810 $600,000 $77,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100145670

Hive MLS

APN: 244OI001