NOT LISTED FOR SALE

262 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,131,000 - $1,374,000

4 Beds
2 Baths
1,310 Sq Ft
$932/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $650,000 $496 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,669/month

176 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Union Elementary School Rated A-
  • Furnished
  • Porch

About This Home

As of May 2020

Oceanfront location on Beautiful Ocean Isle Beach-Existing home has great charm, but this is all about the lot. Prime building site oceanfront. Preliminary flagging by Town of Ocean Isle shows room for private pool. One of very few oceanfront home sites available. Listed for appraised value. Act quickly. Start building now and have your oceanfront paradise ready for Summer 2020.

Last Agent to Sell the Property

Eddy Jones

Coldwell Banker Sloane Realty OIB License #149331 Listed on: 09/26/2019

Coldwell Banker Sloane Realty OIB

Last Buyer's Agent

Diane Dalen

A Pearl in a Shell License #187773

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150x50x150
  • Ocean Front
  • Property is zoned OI-R-1

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Unpaved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 244oh016

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1958
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Furnished
  • List Price per Sq Ft: 533.59
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1310.00
  • Total Heated Primary Separate Sq Ft: 1310.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Unpaved, On Site

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 397.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50x150x50x150
  • Lot Number: 17
  • Lot Sq Ft: 7405.00
  • Special Assessments: none known
  • Zoning: OI-R-1
  • Lot View Type: Ocean View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 244oh016
  • Tax Year: 2018

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Apr 29, 2020
Sold by
Dunnagan Elizabeth J and Dunnagan Edward J
Bought by
Mansfield Darren and Mansfield Marshae
Seller's Agent
Eddy Jones
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Diane Dalen
A Pearl in a Shell
List Price
$713,000
Sold Price
$650,000
Premium/Discount to List
-$63,000
-8.84%
Current Estimated Value
$1,221,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,287
Avg. Annual Appreciation
11.79%
Original Mortgage
$10,000
Outstanding Balance
$8,911
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,212,376

Purchase Details

Closed on
Nov 1, 2018
Sold by
Johnson Robert Byron
Bought by
Johnson Robert Byron and Johnson Carolyn King

Purchase Details

Closed on
Jan 18, 2016
Sold by
Johnson Green June and Green John Richard
Bought by
Johnson John Alsey

Purchase Details

Closed on
Aug 24, 2015
Sold by
Johnson James M
Bought by
Johnson James M and James M Johnson Jr Revocable Trust

Purchase Details

Closed on
Jun 4, 2014
Sold by
Armstrong Delane Johnson
Bought by
Armstrong George Dewitt and Armstrong Delane Johnson

Purchase Details

Closed on
Mar 26, 2012
Sold by
Johnson John Alsey
Bought by
Johnson John Alsey and Green June Johnson

Purchase Details

Closed on
Mar 9, 2012
Sold by
Johnson John Alsey
Bought by
Johnson John Alsey and Green June Johnson

Purchase Details

Closed on
Sep 2, 2011
Sold by
Johnson John Alsey
Bought by
The Alsey B Johnson Testamentary Trust

Purchase Details

Closed on
Mar 19, 2007
Sold by
Johnson Alsey B and Johnson Faye S
Bought by
Johnson Asey B and Johnson Faydeen S
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
Mansfield Darren $650,000 None Available
Johnson Robert Byron -- None Available
Johnson John Alsey $75,000 None Available
Johnson James M -- None Available
Armstrong George Dewitt -- None Available
Johnson John Alsey -- None Available
Johnson John Alsey -- None Available
The Alsey B Johnson Testamentary Trust -- None Available
Johnson Asey B -- Without Title Search
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansfield Darren $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $650,000 -8.8% $496 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $713,000 -- $544 / 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 $3,474 $957,420 $800,000 $157,420
2024 $3,474 $957,420 $800,000 $157,420
2023 $3,411 $957,420 $800,000 $157,420
2022 $3,411 $662,050 $575,000 $87,050
2021 $3,411 $662,050 $575,000 $87,050
2020 $3,393 $662,050 $575,000 $87,050
2019 $3,380 $577,600 $575,000 $2,600
2018 $2,971 $496,690 $494,000 $2,690
2017 $2,928 $496,690 $494,000 $2,690
2016 $2,903 $496,690 $494,000 $2,690
2015 $2,903 $577,860 $494,000 $83,860
2014 $2,848 $621,118 $600,000 $21,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100185977

Hive MLS

APN: 244OH016