NOT LISTED FOR SALE

259 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,290,695 - $1,512,000

5 Beds
5 Baths
2,628 Sq Ft
$531/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $632,500 $241 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $7,290/month

365 Days on Market

Highlights

  • Ocean View
  • Deck
  • Corner Lot
  • Union Elementary School Rated A-
  • 1 Fireplace
  • Furnished

About This Home

As of August 2019

Treat yourself to this gorgeous home that would serve well as a 2nd home/rental combination or a permanent residence. This 5BR/5BA home has a reverse floor plan and comes furnished. The main area features a fireplace, built-in bookshelves, easy care flooring perfect for the beach, a light color palate and large windows allowing for views of the ocean. But the real show-stopper is the large deck, one side covered & screened and the other uncovered to enjoy both the sun and shade with magnificent ocean views! The dining area has an extra-large table. The kitchen features bright white cabinets, SS appliances, ceramic tile countertops, a walk-in pantry and seating for 4 at the breakfast bar. All 5BR's are EnSuite and each one opens to a deck. If you

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 05/22/2018

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Bill Bellamy

CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, LLC License #86328

CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 51x100
  • Corner Lot
  • Property is zoned OI-R-1

Parking

  • On-Site Parking

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,628 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 244od010

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 333.00
  • Directions To Property: Cross the OIB bridge and bear left at the roundabout onto East First Street. House is on the left.
  • Document Count: 5
  • Fencing: None
  • Fireplace: 1
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100117300
  • List Priceper Sq Ft: 247.34
  • Location Type: Island
  • Lot Acres: 0.12
  • Lot Description: Corner Lot
  • Lot Dimensions: 51x100
  • Lot Sq Ft: 5227.00
  • Lot Water Features: Second Row
  • Marketing City: Ocean Isle Beach Island
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Screened, Porch, Covered, Deck
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 2628.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 244od010
  • Tax Year: 2017
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 2628.00
  • Un Branded Virtual Tour: http://tour.circlepix.com/home2/UGDLNR/259-E-First-Street-Ocean-Isle-Beach-NC-100117300
  • Waterview: Yes
  • Year Built: 2004
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Furnished, Pantry, Ceiling Fan(s)
  • Laundry Location: Closet
  • Master Bedroom Level: N/A
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Composition
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 2600 - 2799
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 31, 2019
Sold by
Buckingham Blake and Buckingham Amy
Bought by
Five Points Corporation
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Bill Bellamy
CENTURY 21 Thomas Incorporated DBA Thomas Real Estate, LLC
List Price
$695,000
Sold Price
$632,500
Premium/Discount to List
-$62,500
-8.99%
Current Estimated Value
$1,394,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,424
Avg. Annual Appreciation
13.18%
Original Mortgage
$328,650
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 1, 2003
Bought by
Buckingham Blake Et Amy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Five Points Corporation $632,500 None Available
Buckingham Blake Et Amy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Five Points Corporation $328,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2019 08/16/19 Sold $632,500 -9.0% $241 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/22/2018 05/22/18 For Sale $695,000 -- $264 / 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 -- $968,290 $400,000 $568,290
2024 $38 $968,290 $400,000 $568,290
2023 $3,279 $968,290 $400,000 $568,290
2022 $0 $575,850 $220,000 $355,850
2021 $0 $575,850 $220,000 $355,850
2020 $2,980 $575,850 $220,000 $355,850
2019 $3,217 $220,000 $220,000 $0
2018 $2,980 $528,440 $200,000 $328,440
2017 $2,893 $200,000 $200,000 $0
2016 $2,843 $200,000 $200,000 $0
2015 $2,843 $528,440 $200,000 $328,440
2014 $2,518 $513,170 $300,000 $213,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100117300

Hive MLS

APN: 244OD010