NOT LISTED FOR SALE

342 E First St Ocean Isle Beach, NC 28469

Estimated Value: $969,738 - $1,103,000

4 Beds
2 Baths
1,519 Sq Ft
$680/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $662,500 $436 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,036/month

126 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Vaulted Ceiling
  • Furnished

About This Home

As of May 2020

If you are looking for the perfect beach lifestyle, this is the home for you! Located in the ''Middle Mile'' of the east side, this home is the perfect home for two couples wanting to buy together or the one couple who wants space for four to eight people comfortably (although it sleeps ten). The owners love their backyard area that gives a sense of openness with lots of space.. The family calls it their ''romantic beach cottage getaway''! While some are playing golf, the others are enjoying ''beaching it''! Enjoy a huge deck with spectacular ocean views, seaside accents and a bright and airy floor plan. Easy care wood laminate flooring flows throughout and the freshly painted living area is flooded with light from an expanse of windows overlooking the Atlantic. The spotless kitchen offers refinished crisp white cabinets and enjoy the new microwave & stove. . The dining table seats 6 with extra room at the breakfast bar. Overnight guests will have a choice of two bedrooms on the main level or two additional bedrooms on the 2nd level. MBR offers king hotel grade mattress. Each set of bedrooms share a bath. An adorable bonus loft presents ocean views and is the perfect spot for game night or just relaxing with a good book. Island life can be yours in this wonderful home where sunrises, sunsets and stargazing at night await you with your own private walkway directly onto the white sandy beach. Don't wait too long on this one! This home is one of the listing agent's TOP PICKS!!

Last Listed By

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 11/21/2019

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,084

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x152x39x152
  • Ocean Front
  • Property is zoned OI-R-1

Home Design

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

Interior Spaces

  • 1,519 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Storm Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Assessor Parcel Number 244nj018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,084

Year Built

Built in 1973

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: 1973
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • List Price per Sq Ft: 477.29
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1519.00
  • Total Heated Primary Separate Sq Ft: 1519.00

Exterior Features

  • Exterior Features: Security Lighting, Storm Windows
  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 23.00
  • Lot Acres: 0.14
  • Lot Dimensions: 40X152X39X152
  • Lot Sq Ft: 6098.00
  • Plat Book: 3
  • Plat Page: 178
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 244nj018
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Apr 8, 2020
Sold by
Chapman Francis Scott Mills and Chapman Kathleen Arnold
Bought by
Packer Thomas and Packer Leslie
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
John Kilian
RE/MAX at the Beach / Holden Beach
List Price
$725,000
Sold Price
$662,500
Premium/Discount to List
-$62,500
-8.62%
Total Days on Market
126
Current Estimated Value
$1,032,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,935
Avg. Annual Appreciation
9.13%
Original Mortgage
$530,000
Outstanding Balance
$476,207
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$556,228

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jun 23, 2016
Sold by
Baker David J
Bought by
Chapman Francis Scott Mills and Chapman Kathleen Arnold
Seller's Agent
Stuart Cooke
Cooke Realty
Buyer's Agent
Edwina St. Pierre
Intracoastal Realty
List Price
$624,900
Sold Price
$575,000
Premium/Discount to List
-$49,900
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$417,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2011
Closed on
Apr 8, 2013
Sold by
Reinhalter Steven E and Reinhalter Linda V
Bought by
Baker David J and Baker Mary L
Seller's Agent
Martha Lee
Martha Lee Realty Co LLC - OIB
Buyer's Agent
Edward Malone
Martha Lee Realty Co LLC - OIB
List Price
$875,000
Sold Price
$525,000
Premium/Discount to List
-$350,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$405,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Coleman Elliott W and Coleman Tracy T
Bought by
Reinhalter Steven E and Reinhalter Linda V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.57%
Mortgage Type
Credit Line Revolving

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
Packer Thomas $662,500 None Available
Chapman Francis Scott Mills $575,000 None Available
Baker David J $525,000 None Available
Reinhalter Steven E $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Packer Thomas $530,000
Previous Owner Chapman Francis Scott Mills $417,000
Previous Owner Baker David J $405,000
Previous Owner Reinhalter Steve E $100,000
Previous Owner Reinhalter Steven E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $662,500 -8.6% $436 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $725,000 +26.1% $477 / Sq Ft
07/01/2016 07/01/16 Sold $575,000 -8.0% $442 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $624,900 +19.0% $480 / Sq Ft
04/15/2013 04/15/13 Sold $525,000 -40.0% $375 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
02/01/2011 02/01/11 For Sale $875,000 -- $625 / 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 $3,084 $843,330 $640,000 $203,330
2023 $2,986 $843,330 $640,000 $203,330
2022 $2,986 $574,450 $460,000 $114,450
2021 $3,014 $574,450 $460,000 $114,450
2020 $2,981 $574,450 $460,000 $114,450
2019 $2,966 $468,330 $460,000 $8,330
2018 $2,978 $498,300 $494,000 $4,300
2017 $2,931 $498,300 $494,000 $4,300
2016 $2,905 $498,300 $494,000 $4,300
2015 $2,906 $576,930 $468,000 $108,930
2014 $2,338 $505,652 $408,000 $97,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100193924

Hive MLS

APN: 244NJ018