NOT LISTED FOR SALE

351 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,254,000 - $1,694,000

0.12 Acre
$12,891,233 Price per Acre
5,100 Sq Ft Lot

Last Sold October 19, 2018

Last sale price $282,000

Est. 449% increase in value since last sale

Current estimated payment $8,601/month

225 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Level Lot
  • Union Elementary School Rated A-

About This Lot

As of October 2018

Rare second row island homesite investment opportunity. Build your dream home or a successful Summer rental property on this 2nd row, ocean view, island homesite. Just 200 ft from a direct, zero entry, handicapped beach access. A perfect location for a reverse floor plan home with great ocean views. Room for a pool Rated AE with a base elevation of 12 ft. Buy today and get permitted before August 28th and build 5 ft higher than allowed after August 28, 2018. Call for more detail.

Last Agent to Sell the Property

Diane Dalen

Sunset Properties, Inc. Listed on: 01/20/2018

Last Buyer's Agent

Scott Haigler

Coldwell Banker Sloane Realty OIB License #191000

Coldwell Banker Sloane Realty OIB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,700

Year Built

  • 2022

Lot Details

  • 5,100 Sq Ft Lot
  • Lot Dimensions are 51x100x51x100
  • Level Lot
  • Cleared Lot

Property Views

  • Ocean Views

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot L-5 B-49
  • Assessor Parcel Number 244nc006

Property Details

Property Type

Land

Est. Annual Taxes

$4,700

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 51

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 1265.00
  • Lot Dimensions: 51X100X51X100
  • Lot Number: L-5 B-49
  • Lot Sq Ft: 5100.00
  • Lot Water Features: Second Row
  • Plat Book: 3
  • Plat Page: 178
  • Zoning: R
  • Acres: 0.12
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 2583333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: L-5 B-49
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 244nc006
  • Tax Year: 2016
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2018
Closed on
Oct 4, 2018
Sold by
Sutton Jack D and Sutton Karen A
Bought by
Lane Daniel J
Seller's Agent
Diane Dalen
Sunset Properties, Inc.
Buyer's Agent
Scott Haigler
Coldwell Banker Sloane Realty OIB
List Price
$285,000
Sold Price
$282,000
Premium/Discount to List
-$3,000
-1.05%
Total Days on Market
225
Current Estimated Value
$1,546,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,264,948
Avg. Annual Appreciation
29.64%
Original Mortgage
$183,300
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2004
Bought by
Sutton Jack D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lane Daniel J $282,000 None Available
Sutton Jack D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Daniel J $682,076
Closed Lane Daniel J $183,300
Previous Owner Sutton Jack D $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $282,000 -1.1% --
09/01/2018 09/01/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $285,000 -- --
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
2024 $4,700 $1,257,410 $400,000 $857,410
2023 $1,087 $998,390 $400,000 $598,390
2022 $1,087 $220,000 $220,000 $0
2021 $1,087 $220,000 $220,000 $0
2020 $1,085 $220,000 $220,000 $0
2019 $1,084 $220,000 $220,000 $0
2018 $987 $200,000 $200,000 $0
2017 $983 $200,000 $200,000 $0
2016 $980 $200,000 $200,000 $0
2015 $980 $200,000 $200,000 $0
2014 $1,338 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100096917

Hive MLS

APN: 244NC006