NOT LISTED FOR SALE

Estimated Value: $1,418,000 - $1,722,000

0.15 Acre
$10,244,520 Price per Acre
6,534 Sq Ft Lot

Last Sold September 24, 2013

Last sale price $240,000

Est. 540% increase in value since last sale

Current estimated payment $8,438/month

678 Days on Market

Highlights

  • Ocean View
  • Property fronts a marsh
  • Level Lot
  • Union Elementary School Rated A-

About This Lot

As of September 2013

2nd row lot on Ocean Isle Beach with filtered ocean views. This is 1 of 3 contiguous lots adjacent to The Winds on East First Street. What an excellent opportunity you have to purchase your piece of Ocean Isle Beach today and build your dream vacation home in the future. A reverse floor plan would offer fantastic ocean views and great income potential. Ocean Isle Beach, North Carolina is centrally located between Wilmington, North Carolina and Myrtle Beach, South Carolina.

Last Agent to Sell the Property

Monroe Enzor

Coldwell Banker Sea Coast Advantage License #189589 Listed on: 11/15/2011

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Eddy Jones

Cooke Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,338

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property fronts a marsh
  • Level Lot
  • Cleared Lot
  • Property is zoned OI-R-1

Property Views

  • Ocean
  • Intracoastal

Schools

  • Jessie Mae Monroe Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 107516931167

Property Details

Property Type

Land

Est. Annual Taxes

$1,338

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: Yes

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 234.00
  • Lot Dimensions: 50X100
  • Lot Number: 6
  • Lot Sq Ft: 6534.00
  • Zoning: OI-R-1
  • Acres: 0.15
  • List Price per Acre: 1966666.67
  • Topography: Cleared, Level
  • Lot Number2: 6
  • Lot View Type: ICW View, Marsh View, Ocean View, Water View

Tax Info

  • Tax Identifier: 107516931167
  • Tax Year: 2013
  • Total City Real Estate Property Tax: 1337.50
  • Total Real Estate Property Taxes: 1337.50

MLS Schools

  • Elementary School: Jessie Mae Monroe
  • High School: West Brunswick
  • Middle School: Shallotte
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2014
Sold by
Durtschi David M and Durtschi Amy J
Bought by
Caicos Llc
Current Estimated Value
$1,536,678

Purchase Details

Listed on
Nov 15, 2011
Closed on
Sep 17, 2013
Sold by
Rourk Malcolm Henderson and Rourk Jane D
Bought by
Durtschi David M and Durtschi Amy J
Seller's Agent
Monroe Enzor
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Eddy Jones
Cooke Realty
List Price
$395,000
Sold Price
$240,000
Premium/Discount to List
-$155,000
-39.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$180,000
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 15, 2008
Sold by
Rourk Malcolm Henderson and Rourk Jane D
Bought by
Rourk Malcolm Henderson and Rourk Jane D
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
Caicos Llc -- None Available
Durtschi David M $240,000 None Available
Rourk Malcolm Henderson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durtschi David M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2013 09/24/13 Sold $240,000 -39.2% --
09/23/2013 09/23/13 Pending -- -- --
11/15/2011 11/15/11 For Sale $395,000 -- --
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 $4,263 $1,093,170 $400,000 $693,170
2024 $4,263 $1,093,170 $400,000 $693,170
2023 $3,952 $1,093,170 $400,000 $693,170
2022 $3,952 $707,420 $220,000 $487,420
2021 $3,952 $707,420 $220,000 $487,420
2020 $0 $707,420 $220,000 $487,420
2019 $3,890 $252,240 $220,000 $32,240
2018 $3,683 $236,120 $200,000 $36,120
2017 $3,585 $236,120 $200,000 $36,120
2016 $3,535 $236,120 $200,000 $36,120
2015 $3,546 $666,170 $200,000 $466,170
2014 $2,840 $596,690 $300,000 $296,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20661414

Hive MLS

APN: 244NA00105