NOT LISTED FOR SALE

337 E First St Unit 2 Ocean Isle Beach, NC 28469

Estimated Value: $1,375,000 - $1,574,000

5 Beds
5 Baths
2,372 Sq Ft
$617/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $1,110,000 $468 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,547/month

23 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • Union Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of December 2021

Take a look at this outstanding second row home with ocean views and a heated swimming pool. Updated kitchen with granite counter tops, gas fireplace, hardwood floors, colorful interior and plenty of windows for natural light..a perfect second home and rental property. Did I mention rental? Owner uses VRBO and in 2021 will gross $85K. Already numerous rentals ($45K) on the books for 2022, seller estimates $100k in gross income! Beautifully furnished and ready to go!! Four years ago seller purchased new master bedroom ,living room, dining room furniture and barstools for kitchen .This year new stone driveway and side gardens. Irrigation system in place. Great location with a short walk to the beach and ready for families with each of the 5 bedrooms having its own bathroom. Plenty of outdoor living with sitting area around your private pool and two large decks, the top deck being 32ft by 10ft. You don't have to walk through any of the bedrooms to enjoy the decks! Great news for the flood insurance also which is only $561! Hard to find a 5 bedroom 5 bath second row home to enjoy! Take a look now!

Last Listed By

Linda Register

Intracoastal Realty License #181404 Listed on: 10/22/2021

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 2004

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Irrigation

Home Design

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

Interior Spaces

  • 2,372 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Gas Grill

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Assessor Parcel Number 244nb009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,319

Year Built

Built in 2004

Lot Details

0

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: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Furnished, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Hall
  • List Price per Sq Ft: 503.79
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 2372.00
  • Total Heated Primary Separate Sq Ft: 2372.00

Exterior Features

  • Exterior Features: Gas Grill, Security Lighting, Irrigation System, Outdoor Shower, Gas Logs
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Trash

Lot Info

  • Deed Page: 29.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50 x 100
  • Lot Sq Ft: 5000.00
  • Lot Water Features: Second Row
  • Plat Book: 3
  • Plat Page: 178
  • Zoning: res
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 244nb009
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
East Charles M and East Susann S
Bought by
Charles M East Iii And Susann S East Living T and East
Total Days on Market
23
Current Estimated Value
$1,462,634

Purchase Details

Listed on
Oct 22, 2021
Closed on
Dec 16, 2021
Sold by
Taylor Jr Thomas J
Bought by
East Charles M and East Susann S
Seller's Agent
Linda Register
Intracoastal Realty
Buyer's Agent
Sylvia Pate
PROACTIVE Real Estate
List Price
$1,195,000
Sold Price
$1,110,000
Premium/Discount to List
-$85,000
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$510,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2015
Closed on
Oct 18, 2016
Sold by
I & I Properties Llc
Bought by
Taylor Thomas J
Seller's Agent
Bill Bright
Bright Realty LLC
Buyer's Agent
Linda Register
Intracoastal Realty
List Price
$699,000
Sold Price
$575,000
Premium/Discount to List
-$124,000
-17.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Original Mortgage
$460,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2005
Sold by
Sgh Inc
Bought by
Ameron Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Charles M East Iii And Susann S East Living T -- None Listed On Document
East Charles M $1,110,000 Wortman Law Firm Pllc
Taylor Thomas J $575,000 None Available
Ameron Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East Charles M $510,000
Previous Owner Taylor Thomas J $434,000
Previous Owner Taylor Thomas J $460,000
Previous Owner I&I Properties Llc $640,000
Previous Owner Ameron Inc $768,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $1,110,000 -7.1% $468 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $1,195,000 +107.8% $504 / Sq Ft
11/04/2016 11/04/16 Sold $575,000 -17.7% $250 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/22/2015 08/22/15 For Sale $699,000 -- $304 / 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 $4,319 $1,145,910 $400,000 $745,910
2023 $3,247 $1,145,910 $400,000 $745,910
2022 $3,247 $587,040 $220,000 $367,040
2021 $3,299 $587,040 $220,000 $367,040
2020 $3,307 $587,040 $220,000 $367,040
2019 $3,272 $228,560 $220,000 $8,560
2018 $3,322 $210,330 $200,000 $10,330
2017 $3,141 $210,330 $200,000 $10,330
2016 $3,091 $210,330 $200,000 $10,330
2015 $3,091 $596,080 $200,000 $396,080
2014 $2,806 $588,943 $300,000 $288,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100296175

Hive MLS

APN: 244NB009