NOT LISTED FOR SALE

32 Private Dr Ocean Isle Beach, NC 28469

Estimated Value: $1,009,467 - $1,144,000

5 Beds
5 Baths
2,088 Sq Ft
$520/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $1,049,900 $503 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,155/month

35 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Furnished
  • Union Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Solid Surface Countertops

About This Home

As of March 2024

Meticulously maintained and thoughtfully upgraded, this exceptional 5 bedroom, 5 bath island home in Summer Place is in pristine condition, a testament to the limited use and loving care by the sole owners of this coastal retreat. The kitchen received a stylish refresh in 2023, featuring granite countertops and subway tile backsplash. The interior aesthetics were recently elevated with wainscoting added to the upstairs hallways, stairway, and kitchen. The roof was replaced with durable GAF shingles in 2022, and the backyard was transformed in 2021 with new palm trees and shrubs, setting the stage for a future pool installation.Further enhancing the property, the irrigation system was expanded and upgraded in 2021, while the 2 heat pumps were replaced in 2020. The home is equipped with a water heater that was replaced in 2019 with an enhanced unit that allows for remote control. The kitchen appliances, including the refrigerator, dishwasher, oven, and microwave, were all upgraded in 2019. There is parking for 4 vehicles under the house, in addition to the driveway parking, accommodating large families and their guests. One can also relax and enjoy the beautiful island views from one of the expansive decks.Summer Place stands on one of the highest elevations on the island, and provides a safe and family-friendly environment with a single entrance in an oval street plan. The community pool, conveniently located a short walk away and on the way to the beach, adds to the allure of this premier property.If you are interested in this home as an investment, 32 Private Drive has a stellar track record as a vacation rental, boasting 83 straight 5-star reviews on VRBO. As the home has traditionally only been lightly rented for 10-12 summer weeks, there is an opportunity to greatly expand the rental income. So come make 32 Private Drive your vacation home, primary residence or incredible island investment.

Last Agent to Sell the Property

McNeely Group

Landmark Sotheby's International Realty License #137237 Listed on: 12/09/2023

Landmark Sotheby's International Realty

Last Buyer's Agent

Karen Wishon

Carolina Elite Properties LHR License #254919

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 101x50x101x51
  • Sprinkler System
  • Property is zoned R1

HOA Fees

  • $6 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Stove
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 257fm023

Community Details

Overview

  • Summer Place Association, Phone Number (678) 438-5506
  • Summer Place Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1998
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Furnished, Solid Surface, Sprinkler System, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet
  • List Price per Sq Ft: 498.13
  • Master Bedroom Level: N/A
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 2087.61
  • Total Heated Primary Separate Sq Ft: 2087.61

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower, Shutters - Board/Hurricane
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower, Storage
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered, Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Covered, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Refrigerator, Stove/Oven - Electric, Washer
  • 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
  • Internet Service Provider: Focus Broadband
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Maint - Comm Areas, Management
  • HOAAssociationFee1Year: 75.00
  • HOAAssociationName: Summer Place
  • HOAAssociationPhone: 6784385506

Lot Info

  • Deed Page: 1325.00
  • Lot Acres: 0.12
  • Lot Dimensions: 101x50x101x51
  • Lot Sq Ft: 5227.00
  • Lot Water Features: None
  • Plat Book: Z
  • Plat Page: 148
  • Special Assessments: None Known
  • Zoning: R1

Rental Info

  • Rental Income Gross Rental Income: 42000.00

Tax Info

  • Tax Identifier: 257fm023
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2012
Sold by
Buchanan Richard E and Buchanan Darby
Bought by
Buchanan Richard E
Current Estimated Value
$1,085,367
Source: Public Records

Range of Values:

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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
Buchanan Richard E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Holmberg Arthur $629,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $1,049,900 +1.0% $503 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
12/09/2023 12/09/23 For Sale $1,039,900 -- $498 / 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 -- $782,570 $280,000 $502,570
2024 $2,950 $723,450 $280,000 $443,450
2023 $2,559 $723,450 $280,000 $443,450
2022 $2,559 $416,100 $150,000 $266,100
2021 $2,553 $416,100 $150,000 $266,100
2020 $2,508 $416,100 $150,000 $266,100
2019 $2,489 $150,000 $150,000 $0
2018 $2,094 $338,740 $120,000 $218,740
2017 $1,946 $120,000 $120,000 $0
2016 $1,896 $120,000 $120,000 $0
2015 $1,896 $338,740 $120,000 $218,740
2014 $1,950 $395,460 $250,000 $145,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100418023

Hive MLS

APN: 257FM023