NOT LISTED FOR SALE

271 W First St Unit A Ocean Isle Beach, NC 28469

Estimated Value: $829,000 - $1,031,000

7 Beds
7.5 Baths
3,101 Sq Ft
$980/mo HOA Fee

Last Sold October 29, 2020

Last sale price $649,000 $209 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,213/month

126 Days on Market

Highlights

  • Ocean Front
  • Views of a Sound
  • Deck
  • Union Elementary School Rated A-
  • In Ground Pool
  • Main Floor Primary Bedroom

About This Home

As of October 2020

MILLION DOLLAR VIEWS! If you have champagne taste but a beer budget this is the investment opportunity for you. Generating over $47,000 annually this unique ocean front property won't disappoint. Seven bedrooms 6 of which have a private en suite full bathroom. Two living areas for entertaining and relaxing after a day on the beach! A half bath off the kitchen and another full bathroom off the second living area. New roof in 2017 as well as a refinished community swimming pool! Newer appliances, and HVAC replaced in 2016. Each bedroom leads to either a balcony or an ocean front deck. A spacious kitchen with plenty of counter space and cabinets. Ocean front porches. Fiber optic internet service gives you all the speed you need for streaming or gaming! The well managed HOA handles the exterior maintenance so all you have to do is come and relax with your toes in the sand and your fishing rod in the water! This is a phenomenal opportunity to own on Ocean Isle Beach!

Last Agent to Sell the Property

Teresa Boyd

Coldwell Banker Sloane Realty OIB License #239474 Listed on: 05/22/2020

Coldwell Banker Sloane Realty OIB

Last Buyer's Agent

Ashley Pierce

Coldwell Banker Sea Coast Advantage License #313737

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 1998

Lot Details

  • Property fronts a marsh
  • Ocean Front
  • End Unit

HOA Fees

  • $980 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,101 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Eco-Friendly Details

  • No or Low VOC Paint or Finish

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 257fi03601

Community Details

Overview

  • Ocean Isle Beach Island Subdivision
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,185

Year Built

Built in 1998

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More, End Unit
  • Year Built: 1998
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 209.29
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bathrooms: 8.00
  • Bedrooms: 7
  • Number Rooms: 11
  • Sq Ft Heated: 3101.00
  • Total Heated Primary Separate Sq Ft: 3101.00

Exterior Features

  • Exterior Features: Security Lighting, Thermal Windows, Storm Windows, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Porch, Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle, Shingle, Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport, Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, See Remarks, Termite Bond, Taxes, Storage, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 11760.00

Lot Info

  • Deed Page: 1408.00
  • Plat Book: 7
  • Plat Page: 308
  • Zoning: Residential
  • Lot View Type: ICW View, Sound View, Marsh View

Green Features

  • Green Bldg Features: Energy Star Appl, Low Voc Paint/Var

Rental Info

  • Annual Gross Rental Income Collected: 49000

Tax Info

  • Tax Identifier: 257fi03601
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Oct 21, 2020
Sold by
Reid Richard C and Reid Deborah M
Bought by
Williamson Bridget
Seller's Agent
Teresa Boyd
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Ashley Pierce
Coldwell Banker Sea Coast Advantage
List Price
$649,000
Sold Price
$649,000
Current Estimated Value
$937,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,106
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
May 1, 2000
Bought by
Reid Richard G Et Deborah N
Source: Public Records

Range of Values:

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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
Williamson Bridget $649,000 None Available
Reid Richard G Et Deborah N $642,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $649,000 0.0% $209 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $649,000 -- $209 / 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 $3,185 $745,880 $0 $745,880
2024 $3,185 $745,880 $0 $745,880
2023 $3,746 $745,880 $0 $745,880
2022 $3,746 $639,760 $0 $639,760
2021 $3,858 $639,760 $0 $639,760
2020 $3,805 $639,760 $0 $639,760
2019 $3,764 $0 $0 $0
2018 $3,763 $0 $0 $0
2017 $3,632 $0 $0 $0
2016 $3,557 $0 $0 $0
2015 $3,557 $639,560 $0 $639,560
2014 $4,106 $815,280 $0 $815,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100218921

Hive MLS

APN: 257FI03601