NOT LISTED FOR SALE

298 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,461,000 - $2,531,000

5 Beds
3 Baths
1,648 Sq Ft
$1,179/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $965,000 $586 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $10,536/month

24 Days on Market

Highlights

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

About This Home

As of April 2022

The unmistakable smell of salt air, ocean breezes and sandy beaches are all yours in this classic OCEANFRONT cottage. This seaside retreat offers vintage paneled walls throughout offset by coastal colors and decor. The kitchen features bright white beadboard cabinets and white appliances. The large dining table comfortably seats 8 with extra room at the breakfast bar. Enjoy stunning ocean views from the living area that opens to a large deck overlooking the Atlantic with your own private walkway to the beach. Two sets of spacious bedrooms on either side of the living area each share a full bathroom with room for extra guests in the loft at the top of the stairs that also includes a full bath with walk-in shower. Relax on the beach and then take advantage of the outdoor shower to wash the sand away upon your return. Grab your own piece of paradise or use it as an investment rental and start making memories in beautiful OIB!

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 02/26/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Susan Forrester

Coldwell Banker Sea Coast Advantage License #316921

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 1983

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49x150x48x151
  • Ocean Front
  • Property is zoned VE

Home Design

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

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Storm Doors

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 244og020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,940

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • List Priceper Sq Ft: 603.76
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 3940.35
  • Waterview: Yes
  • Year Built: 1983
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Tile
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Furnished, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Sq Ft Heated: 1648.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 1648.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Fee Information

  • Home Warranty Company: 2-10 Home Warranty
  • Home Warranty Amount: 650.00
  • Home Warranty Termite: Home Warranty/Seller

Schools

  • School District: Brunswick County Schools

Lot Info

  • Cobra Zone: No
  • Deed Page: 248.00
  • Lot Acres: 0.17
  • Lot Dimensions: 49x150x48x151
  • Lot Sq Ft: 7405.00
  • Zoning: VE

Tax Info

  • Tax Identifier: 244og020
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Apr 6, 2022
Sold by
Stroud Anthony L and Stroud Karen H
Bought by
298 E First St Llc
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Susan Forrester
Coldwell Banker Sea Coast Advantage
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%
Current Estimated Value
$1,943,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$978,071
Avg. Annual Appreciation
20.17%

Purchase Details

Listed on
Mar 12, 2012
Closed on
Sep 11, 2012
Sold by
Racculia Phillip V and Racullia Rita L
Bought by
Stroud Anthony L and Stroud Karen H
Seller's Agent
The Dream Team
Mary Ann Bechtel Real Estate
Buyer's Agent
Bob Percesepe
RE/MAX Essential-Brunswick County
List Price
$699,900
Sold Price
$607,000
Premium/Discount to List
-$92,900
-13.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional
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
298 E First St Llc $965,000 None Listed On Document
298 E First St Llc $965,000 None Listed On Document
Stroud Anthony L $607,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stroud Anthony L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $965,000 -3.0% $586 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $995,000 0.0% $604 / Sq Ft
03/19/2022 03/19/22 Price Changed $995,000 -9.5% $604 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $1,100,000 +81.2% $667 / Sq Ft
10/02/2012 10/02/12 Sold $607,000 -13.3% $357 / Sq Ft View Prior Sale
08/31/2012 08/31/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $699,900 -- $411 / 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 $5,356 $1,741,000 $800,000 $941,000
2024 $28 $1,449,070 $800,000 $649,070
2023 $3,945 $800,000 $800,000 $0
2022 $0 $761,930 $575,000 $186,930
2021 $3,909 $761,930 $575,000 $186,930
2020 $3,923 $761,930 $575,000 $186,930
2019 $3,909 $576,390 $575,000 $1,390
2018 $3,387 $495,190 $494,000 $1,190
2017 $3,347 $495,190 $494,000 $1,190
2016 $3,318 $495,190 $494,000 $1,190
2015 $3,279 $655,490 $494,000 $161,490
2014 $3,169 $687,200 $570,000 $117,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100314117

Hive MLS

APN: 244OG020