NOT LISTED FOR SALE

273 E Second St Ocean Isle Beach, NC 28469

Estimated Value: $1,407,579 - $1,525,000

0.17 Acre
$8,669,971 Price per Acre
7,616 Sq Ft Lot

Last Sold April 14, 2016

Last sale price $135,000

Est. 992% increase in value since last sale

Current estimated payment $8,029/month

790 Days on Market

Highlights

  • Water Views
  • Level Lot
  • Maintained Community
  • Union Elementary School Rated A-

About This Lot

As of April 2016

FANTASTIC OPPORTUNITY to purchase landquiet section of the island. Build your dream home for permanent living, a second home or an investment opportunity. Enjoy nature walkways along the marsh while being just a short walk to the sandy beach of Ocean Isle.

Last Agent to Sell the Property

Cherri Cheek

Ocean Isle Beach Realty, Inc. Listed on: 01/16/2014

Co-Listed By

Larry Cheek

Resort Brokerage & Consulting

Last Buyer's Agent

Cheryle Cheek

Resort Brokerage & Consulting

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,322

Lot Details

  • 7,616 Sq Ft Lot
  • Lot Dimensions are 59x127
  • Level Lot
  • Cleared Lot
  • Property is zoned OI-R-1

HOA Fees

  • $10 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • Little Beach Landing HOA, Phone Number (910) 575-7770
  • Little Beach Landing Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 107516836208

Property Details

Property Type

Land

Est. Annual Taxes

$1,322

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Appointment Center Phone: (910) 233-1773
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 3472
  • Deed Page: 521.00
  • Directions To Property: Left onto E Second St from Causeway Dr on Island of OIB, lot on left, 6th lot past corner of Chadbourne St & E Second St
  • Document Count: 3
  • Elementary School: Union
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • High School: West Brunswick
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Maint - Grounds, Mgmt Fee
  • Annual H O A: 121.00
  • H O A Company: Little Beach Landing
  • H O A Phone: 910-575-7770
  • Listing I D: 20679652
  • Location Type: Island
  • Lot Dimensions: 59X127
  • Lot Number: 33
  • Lot Sq Ft: 7616.00
  • Marketing City: Ocean Isle Beach Island
  • Middle School: Shallotte
  • M L S Approved: Y
  • Modifier Number: L-33
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • School District: Brunswick
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: $125.00 Captial Contribution
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Little Beach Landing
  • Tax Identifier: 107516836208
  • Tax Year: 2015
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 366.00
  • Total Real Estate Property Taxes: 1322.00
  • Waterview: Yes
  • Zoning: OI-R-1
  • Acres: 0.17
  • Appointment Contact: Vacant lot-Show anytime. OIB E
  • Buildigson Property: None
  • Deed Restriction: No
  • Deferred Taxes: No
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Priceper Acre: 970588.24
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 33
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
Apr 7, 2016
Sold by
Oib East Dw Llc
Bought by
Faulk Timothy Dail
Seller's Agent
Cherri Cheek
Ocean Isle Beach Realty, Inc.
Buyer's Agent
Cheryle Cheek
Resort Brokerage & Consulting
List Price
$165,000
Sold Price
$135,000
Premium/Discount to List
-$30,000
-18.18%
Current Estimated Value
$1,473,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,338,895
Avg. Annual Appreciation
27.75%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bio East Developing Inc
Bought by
Oib East Dw Llc
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
Faulk Timothy Dail $135,000 None Available
Oib East Dw Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2016 04/14/16 Sold $135,000 -18.2% --
03/16/2016 03/16/16 Pending -- -- --
01/16/2014 01/16/14 For Sale $165,000 -- --
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 $3,748 $978,910 $247,500 $731,410
2024 $37 $978,910 $247,500 $731,410
2023 $3,257 $978,910 $247,500 $731,410
2022 $3,222 $589,160 $174,000 $415,160
2021 $3,257 $589,160 $174,000 $415,160
2020 $3,222 $589,160 $174,000 $415,160
2019 $3,195 $190,320 $174,000 $16,320
2018 $3,305 $212,000 $195,000 $17,000
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

  • C

    Seller's Agent in 2016

    Cherri Cheek

    Ocean Isle Beach Realty, Inc.

  • L

    Seller Co-Listing Agent in 2016

    Larry Cheek

    Resort Brokerage & Consulting

  • C

    Buyer's Agent in 2016

    Cheryle Cheek

    Resort Brokerage & Consulting

See All Agents

Map

Source: Hive MLS

MLS Number: 20679652

Hive MLS

APN: 258BB033

North Carolina Brunswick County Ocean Isle Beach 28469

273 E Second St, Ocean Isle Beach, NC

Not Listed for Sale

Lots

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