NOT LISTED FOR SALE

265 Ocean Blvd E Supply, NC 28462

Estimated Value: $665,000 - $867,524

4 Beds
2 Baths
1,201 Sq Ft
$620/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $721,000 $600 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,251/month

6 Days on Market

Highlights

  • Ocean Front
  • 0.27 Acre Lot
  • Wood Flooring
  • Ocean Side of Freeway
  • Deck
  • Furnished

About This Home

As of February 2021

You don't want to miss this incredible investment opportunity! This charming island cottage is oceanfront living at its best. Not only is this property close to the island's restaurants and entertainment, but the ocean views from the dune sundeck are fantastic! Inside you will find a functional open floorplan with nicely appointed finishes including hardwood floors, granite countertops, flat screen TV's in all bedrooms and living area, updated appliances, and coastal decor. Outside will be your new favorite place to watch the sun rise and set on the Holden Beach strand! This home brought in over $50k in 2020 and on track for 2021. Call and schedule your showing today!

Last Agent to Sell the Property

Brooke Hobbs

Hobbs Realty, Inc. License #317690 Listed on: 12/15/2020

Co-Listed By

Tiffany Wilson

Hobbs Realty, Inc. License #225152

Last Buyer's Agent

Rick Winner

Coastal Development & Realty License #188223

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50x251x46x251
  • Ocean Front
  • Property is zoned HB-R-1

Home Design

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

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 247ba015

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1975
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, See Remarks, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 624.40
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1201.00
  • Total Heated Primary Separate Sq Ft: 1201.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: See Remarks
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dishwasher
  • 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: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 809.00
  • Lot Acres: 0.27
  • Lot Dimensions: 50x251x46x251
  • Lot Sq Ft: 11921.00
  • Lot Water Features: Ocean Side
  • Special Assessments: None Known
  • Zoning: HB-R-1
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 52844.00
  • Annual Gross Rental Income Collected: 2020

Tax Info

  • Tax Identifier: 247ba015
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Oct 6, 2020
Sold by
Reynolds Erick S and Reynolds Jacqueline H
Bought by
Toombs James Raye and Toombs Karen Elizabeth
Seller's Agent
Cane Faircloth
PROACTIVE Real Estate
Buyer's Agent
Mary Mitchell
Oak Island Accommodations
List Price
$429,900
Sold Price
$390,000
Premium/Discount to List
-$39,900
-9.28%
Current Estimated Value
$777,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,650
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Jun 30, 2014
Sold by
Reynolds Erick S and Reynolds Jacqueline H
Bought by
The Erick S Reynolds And Jacqueline H Re

Purchase Details

Closed on
Feb 24, 2012
Sold by
Reynolds Erick S and Reynolds Jacqueline H
Bought by
Reynolds Erick S and Reynolds Jacqueline H

Purchase Details

Closed on
Jul 10, 2009
Sold by
Hutton James K and Hutton Susan C
Bought by
Reynolds Erick S and Reynolds Jacqueline H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
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
Toombs James Raye $390,000 None Available
The Erick S Reynolds And Jacqueline H Re -- None Available
Reynolds Erick S -- None Available
Reynolds Erick S $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Erick S $319,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2021 02/01/21 Sold $721,000 -3.9% $600 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $749,900 +92.3% $624 / Sq Ft
10/09/2020 10/09/20 Sold $390,000 -9.3% $497 / Sq Ft View Prior Sale
09/07/2020 09/07/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $429,900 -5.5% $548 / Sq Ft
09/28/2012 09/28/12 Sold $455,000 -32.6% $379 / Sq Ft View Prior Sale
09/18/2012 09/18/12 Pending -- -- --
02/13/2011 02/13/11 For Sale $675,000 -- $562 / 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 $2,267 $624,960 $400,000 $224,960
2024 $2,267 $624,960 $400,000 $224,960
2023 $1,576 $624,960 $400,000 $224,960
2022 $1,576 $303,240 $210,000 $93,240
2021 $1,553 $303,240 $210,000 $93,240
2020 $1,465 $283,610 $210,000 $73,610
2019 $1,465 $210,000 $210,000 $0
2018 $1,750 $342,180 $265,000 $77,180
2017 $1,741 $265,000 $265,000 $0
2016 $1,728 $265,000 $265,000 $0
2015 $1,699 $340,010 $265,000 $75,010
2014 $1,630 $354,320 $300,000 $54,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100249166

Hive MLS

APN: 232MH009