NOT LISTED FOR SALE

275 W First St Unit 2E Ocean Isle Beach, NC 28469

Estimated Value: $528,340 - $589,000

2 Beds
2 Baths
765 Sq Ft
$580/mo HOA Fee

Last Sold April 29, 2024

Last sale price $555,000 $725 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,755/month

3 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Water Access
  • 1 Fireplace

About This Home

As of April 2024

Step into paradise with this stunning Turnkey, Fully Furnished Recently Updated Ocean Front Condo! Offering breathtaking sunrise and sunset views over the pristine shores of Ocean Isle Beach, NC. You and your guests will be sure to enjoy a great beach experience. Since 2022, this seller has made numerous updates including fresh coastal paint & (LVP) flooring throughout including both bathrooms for a seamless design. Other features include updated kitchen cabinetry, installation of quartz countertops, modern sink & faucet, custom backsplash, microwave, electric stove, and dishwasher. Other replacements are the sliding glass door, the addition and or replacement of TVs, an electric fireplace and a variety of beachy coastal furnishings and decor. Plus, there is a private storage unit available for your beach accessories & belongings.Being conveyed with all furnishings & contents means a turn-key purchase which is especially inviting for those looking for an investment opportunity. Current booked rentals for 2024 is an impressive $40,000 with some dates still available in the fall, (this units tends to book year-round) and in 2023 rental income was over $49,000. A Place @ the Beach where you can enjoy private gated beach access, allowing you to indulge in the sun, sand, and surf at your leisure. Other amenities include a gated community pool, barbecue area, and on-site laundry ensuring you and your guests have everything you need for a resort-style experience. Conveniently located on the west end of Ocean Isle Beach, by the Beaufort Beach access, you'll appreciate its proximity to restaurants, local events, The Museum of Coastal Carolina, OIB's Play Park with Veteran's Memorial, Putt-Putt Golf and more. Don't miss out on the opportunity to own this exquisite Ocean Front retreat with unparalleled views and resort-style amenities. Contact us today to schedule a viewing and make this dream home yours.On VRBO showings will take place between rentals.

Last Agent to Sell the Property

Paula Ogden

Metro to Coast LLC License #294042 Listed on: 04/05/2024

Last Buyer's Agent

Littonnie Summerlin

Coldwell Banker Sea Coast Advantage License #318209

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1978

Lot Details

  • Ocean Front

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Block Exterior
  • Piling Construction
  • Stick Built Home
  • Stucco

Interior Spaces

  • 765 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Lighted Parking
  • On-Site Parking
  • Parking Lot

Outdoor Features

  • Water Access
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 257fi03840

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Cam Association, Phone Number (910) 579-5163
  • A Place@The Beach Ii Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Coin Laundry

Recreation

  • Community Beach Access
  • Beach
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,678

Year Built

Built in 1978

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: Yes
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1978
  • Road Frontage Type: Ocean Front
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Foyer, Furnished, Solid Surface, Walk-in Shower
  • Laundry Location: Room
  • List Price per Sq Ft: 718.95
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 765.00
  • Total Heated Primary Separate Sq Ft: 765.00

Exterior Features

  • Exterior Finish: Block, Stucco, Wood Siding
  • Fencing: None
  • Foundation: Block, Pilings
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Lighted, On Site, Parking Lot

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, 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
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Barbecue, Beach Access, Beach Rights, Coin Laundry, Community Pool, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Roof, Termite Bond
  • HOAAssociationFee1Year: 6960.00
  • HOAAssociationName: CAM
  • HOAAssociationPhone: 9105795163

Lot Info

  • Deed Page: 445.00
  • Lot Dimensions: Condo
  • Lot Water Features: Water Access Comm
  • Plat Book: CB-1
  • Plat Page: 26-33
  • Special Assessments: None Known
  • Zoning: Beach Condo
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 257fi03840
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1678.23

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 24, 2024
Sold by
Avolio Michelle Joan
Bought by
Martin Lynn
Seller's Agent
Paula Ogden
Metro to Coast LLC
Buyer's Agent
Littonnie Summerlin
Coldwell Banker Sea Coast Advantage
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Views
16
Current Estimated Value
$549,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,415
Avg. Annual Appreciation
2.13%

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 26, 2022
Sold by
Ramirez and Nilda
Bought by
Avolio Michelle Joan
Seller's Agent
Seth Barbee
Carolina Plantations Real Estate
Buyer's Agent
Paula Ogden
Metro to Coast LLC
List Price
$480,000
Sold Price
$525,000
Premium/Discount to List
$45,000
9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2019
Sold by
Hawkins Robert B and Hawkins Kara C
Bought by
Ramirez Pedro and Rodriquez Ramirez Nilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,450
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Oib Properties Llc
Bought by
Hawkins Robert B and Hawkins Kara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
5.02%
Mortgage Type
New Conventional
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
Martin Lynn $555,000 None Listed On Document
Avolio Michelle Joan $525,000 Gordon Law Firm Pllc
Ramirez Pedro $270,500 None Available
Hawkins Robert B $247,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avolio Michelle Joan $350,000
Previous Owner Ramirez Pedro $243,450
Previous Owner Hawkins Robert B $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $555,000 +0.9% $725 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $550,000 +4.8% $719 / Sq Ft
06/08/2022 06/08/22 Sold $525,000 +9.4% $686 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $480,000 -- $627 / 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
2024 $1,678 $461,470 $0 $461,470
2023 $1,231 $461,470 $0 $461,470
2022 $1,231 $222,630 $0 $222,630
2021 $1,236 $222,630 $0 $222,630
2020 $1,222 $222,630 $0 $222,630
2019 $1,172 $0 $0 $0
2018 $1,029 $0 $0 $0
2017 $1,008 $0 $0 $0
2016 $996 $0 $0 $0
2015 $995 $193,270 $0 $193,270
2014 $1,108 $237,610 $0 $237,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100437078

Hive MLS

APN: 257FI03840