NOT LISTED FOR SALE

291 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,528,000 - $1,701,000

5 Beds
5.5 Baths
2,477 Sq Ft
$654/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $1,462,500 $590 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,016/month

110 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Union Elementary School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of March 2023

You do not want to miss this opportunity to own an incredible second home or investment property on Ocean Isle Beach! Second row property but first rate ocean views! You have to see the ocean from the top level deck outfitted with Trex! This island home has it all. Outside you will find 4 decks, a private heated swimming pool, a large outdoor shower and a very close beach access to the East of the home. Inside, there are 5 bedrooms, 5.5 bathrooms, 3 floor elevator, inverted floor plan and tasteful decor. $100k rental income in 2022 makes this the perfect investment property as well!

Last Agent to Sell the Property

Tiffany Wilson

Hobbs Realty, Inc. License #225152 Listed on: 10/04/2022

Last Buyer's Agent

Emily Ward Morris

Intracoastal Realty License #287212

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,683

Year Built

  • Built in 2006

Lot Details

  • 2,477 Sq Ft Lot
  • Lot Dimensions are 50x101x49x100
  • Property fronts a marsh
  • Fenced Yard

Parking

  • 2 Parking Spaces

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,477 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Tank Leased
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 244of006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,683

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: Two
  • Year Built: 2006
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: See Remarks
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Furnished, Gas Logs, Reverse Floor Plan, Smoke Detectors
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 615.66
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Sq Ft Heated: 2477.00
  • Total Heated Primary Separate Sq Ft: 2477.00
  • Furnished: Furnished

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck, Open
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: On Site
  • Garage and Parking Under House: 3

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Gas, Propane Above Ground
  • Fuel Tank Ownership: Leased
  • 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 Available, Municipal Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Book: 4839
  • Deed Page: 61.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50X101X49X100
  • Lot Sq Ft: 2477.00
  • Plat Book: 3
  • Plat Page: 178
  • Special Assessments: None known
  • Zoning: Residential
  • Lot View Type: Marsh View, Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 101341.72

Tax Info

  • Tax Identifier: 244of006
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 3682.51

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Feb 28, 2023
Sold by
Barland Family Revocable Trust
Bought by
Boatsman Adam and Boatsman Julie
Seller's Agent
Tiffany Wilson
Hobbs Realty, Inc.
Buyer's Agent
Emily Ward Morris
Intracoastal Realty
List Price
$1,650,000
Sold Price
$1,462,500
Premium/Discount to List
-$187,500
-11.36%
Views
52
Current Estimated Value
$1,620,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,172
Avg. Annual Appreciation
5.15%
Original Mortgage
$1,098,750
Outstanding Balance
$914,300
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$750,699

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 19, 2022
Sold by
Oib Highlife Properties Llc
Bought by
Barland Family Revocable Trust
Seller's Agent
Karen Coe
Keller Williams Legacy
Buyer's Agent
Tiffany Wilson
Hobbs Realty, Inc.
List Price
$1,350,000
Sold Price
$1,450,000
Premium/Discount to List
$100,000
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.01%

Purchase Details

Closed on
Jan 19, 2022
Sold by
Coe Carl M and Mchugh Karen
Bought by
Oib Highlife Properties Llc

Purchase Details

Listed on
Apr 25, 2012
Closed on
Apr 16, 2013
Sold by
Violette Bradford C and Violette Deborah K
Bought by
Coe Carl M and Coe Karen R
Seller's Agent
SARAH HARRIS Team
Cooke Realty
Buyer's Agent
Non Member
LandHub.com
List Price
$729,900
Sold Price
$670,000
Premium/Discount to List
-$59,900
-8.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$108,280
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2005
Sold by
Mccall Brian A and Mccall Susan C
Bought by
Violette Bradford C and Hotham Christine J

Purchase Details

Closed on
Feb 21, 2005
Sold by
Hunt Jessie C
Bought by
Mccall Prian A and Mccall Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Boatsman Adam $1,462,500 --
Barland Family Revocable Trust $1,450,000 Law Office Of Matthew Mccrysta
Oib Highlife Properties Llc -- Matthew Mccrystal Pllc
Coe Carl M $656,500 None Available
Violette Bradford C $630,000 None Available
Mccall Prian A $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boatsman Adam $1,098,750
Previous Owner Coe Carl M $108,280
Previous Owner Coe Carl M $417,000
Previous Owner Mccall Prian A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $1,462,500 -4.1% $590 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $1,525,000 -4.1% $616 / Sq Ft
11/02/2022 11/02/22 Price Changed $1,590,000 -3.6% $642 / Sq Ft
10/04/2022 10/04/22 For Sale $1,650,000 +13.8% $666 / Sq Ft
04/26/2022 04/26/22 Sold $1,450,000 +7.4% $585 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,350,000 +101.5% $545 / Sq Ft
05/03/2013 05/03/13 Sold $670,000 -8.2% $291 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
04/25/2012 04/25/12 For Sale $729,900 -- $317 / 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 -- $1,322,520 $400,000 $922,520
2024 $5,093 $1,322,520 $400,000 $922,520
2023 $3,679 $1,357,290 $400,000 $957,290
2022 $3,679 $667,790 $220,000 $447,790
2021 $3,683 $667,790 $220,000 $447,790
2020 $3,643 $667,790 $220,000 $447,790
2019 $3,616 $244,040 $220,000 $24,040
2018 $3,531 $227,580 $200,000 $27,580
2017 $3,444 $227,580 $200,000 $27,580
2016 $3,394 $227,580 $200,000 $27,580
2015 $3,354 $650,280 $200,000 $450,280
2014 $2,956 $622,852 $300,000 $322,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100352266

Hive MLS

APN: 244OF006