NOT LISTED FOR SALE

269 E Second St Ocean Isle Beach, NC 28469

Estimated Value: $1,464,030 - $1,632,000

0.25 Acre
$6,234,708 Price per Acre
10,890 Sq Ft Lot

Last Sold November 05, 2020

Last sale price $182,000

Est. 794% increase in value since last sale

Current estimated payment $8,789/month

188 Days on Market

About This Lot

As of November 2020

Lot #32, +/-0.25 Acre Marsh Front lot located in Little Beach Landing subdivision on Ocean Isle Beach, NC. Near public beach access. This lot is one of five (5) lots for sale at Little Beach Landing on Ocean Isle Beach for sale individually and together in bulk. Four (4) of the lots are either marsh are canal front. The lots are zoned R-1 (City of Ocean Isle Beach). Further details and pricing information listed in marketing package. See also Agent Remarks.

Last Agent to Sell the Property

Vin Wells

Cape Fear Commercial, LLC License #192243 Listed on: 02/06/2020

Last Buyer's Agent

Wanda Tate

Jessie & Myers Construction Company

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a marsh

Schools

  • Union Elementary School
  • West Brunswick High School

Listing and Financial Details

  • Tax Lot 32

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Residential Land
  • Original List Price: 189900.00
  • Other Structures: None
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 759600.00
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Road Frontage Type: Marsh Front
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront Features: Salt Marsh
  • Waterfront?: Yes
  • Waterfront Footage: 75.00

Condo/Co-op/Association

  • Association Amenities: Maintenance Common Areas, Maintenance Grounds, Management
  • Association Fees: 133.00
  • Association Name: Little Beach Landing
  • Association Phone#: 910-799-6653
  • Has H O A?: Yes
  • Association Management Company Phone: 910-799-6653
  • Association Management Company: Little Beach Landing

Schools

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

Lot Info

  • Deed Book: 3472
  • Deed Page: 527.00
  • Lot Number: 32
  • Zoning: R-1
  • Current Use: Residential
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks
  • Lot Features: Salt Marsh
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10934.00
  • Purchase Contract Date: 2020-08-12
  • Parcel#: 258bb032
  • Cobra Zone Y N: No
  • Deed Restriction Y N: No

Tax Info

  • Tax Year: 2018
  • Tax Block: 72-73
  • Tax Book Number: 46
  • Tax Map Number: 258BB032
  • Tax Other Assessment Amount Frequency: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Oct 27, 2020
Sold by
Fifth Avenue Presbyterian Church
Bought by
Gosse Mason and Gosse Sara W
Seller's Agent
Vin Wells
Cape Fear Commercial, LLC
Buyer's Agent
Wanda Tate
Jessie & Myers Construction Company
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%
Current Estimated Value
$1,626,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,444,705
Avg. Annual Appreciation
50.90%
Original Mortgage
$82,000
Outstanding Balance
$61,167
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$1,497,510

Purchase Details

Closed on
Oct 30, 2013
Sold by
Oib East Developing Inc
Bought by
Oib East Lw Llc
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
Gosse Mason $182,000 None Available
Oib East Lw Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gosse Mason $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $182,000 -4.2% --
08/12/2020 08/12/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $189,900 -- --
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 $4,104 $1,083,030 $247,500 $835,530
2024 $33 $1,083,030 $247,500 $835,530
2023 $864 $858,440 $247,500 $610,940
2022 $864 $174,000 $174,000 $0
2021 $0 $174,000 $174,000 $0
2020 $862 $174,000 $174,000 $0
2019 $861 $174,000 $174,000 $0
2018 $963 $195,000 $195,000 $0
2017 $958 $195,000 $195,000 $0
2016 $956 $195,000 $195,000 $0
2015 $956 $195,000 $195,000 $0
2014 $453 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100203105

Hive MLS

APN: 258BB032