NOT LISTED FOR SALE

359 E Fourth St Ocean Isle Beach, NC 28469

Estimated Value: $2,306,070 - $2,580,000

0.19 Acre
$12,719,421 Price per Acre
8,416 Sq Ft Lot

Last Sold June 22, 2020

Last sale price $252,500

Est. 857% increase in value since last sale

Current estimated payment $13,197/month

771 Days on Market

Highlights

  • Water Views
  • Trails
  • Maintained Community
  • Union Elementary School Rated A-
  • Level Lot

About This Lot

As of June 2020

FANTASTIC OPPORTUNITY to purchase land on the island of Ocean Isle Beach. Little Beach Landing is nestled in a quiet section of the island. Build your dream home for permanent living, a second home or an investment opportunity. Enjoy nature walkways along the marsh while being just a short walk to the sandy beach of Ocean Isle.

Last Agent to Sell the Property

The CheekTeam Team

Keller Williams Innovate-OIB Mainland Listed on: 04/16/2018

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

The Cheek Team

Keller Williams Realty-Brunswick County

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,324

Lot Details

  • 8,416 Sq Ft Lot
  • Lot Dimensions are 59x131x27x59x114
  • Level Lot
  • Cleared Lot
  • Property is zoned OI-R-1

HOA Fees

  • $11 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 244nl009

Community Details

Overview

  • Little Beach Landing HOA, Phone Number (910) 251-8543
  • Little Beach Landing Subdivision
  • Maintained Community

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,324

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 4039
  • Deed Page: 105.00
  • Directions To Property: On the island of Ocean Isle Beach, turn left on Second Street. Take a left on High Point Street and a left on Fourth Street. Lot is the first lot on the right.
  • Document Count: 2
  • Elementary School: Union
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: West Brunswick
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Mgmt Fee, See Remarks, Tax Comm Areas, Trails
  • Annual H O A: 133.00
  • H O A Company: Little Beach Landing
  • H O A Phone: 910-251-8543
  • Listing I D: 100111357
  • Location Type: Island
  • Lot Description: Subdivision
  • Lot Dimensions: 59X131X27X59X114
  • Lot Number: 90
  • Lot Sq Ft: 8416.00
  • Marketing City: Ocean Isle Beach Island
  • Middle School: Shallotte
  • M L S Approved: Y
  • Post Closing Seller Concessions: No
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • School District: Brunswick
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: No
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Little Beach Landing
  • Tax Identifier: 244nl009
  • Tax Year: 2017
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 366.00
  • Total Real Estate Property Taxes: 1324.00
  • Waterview: Yes
  • Zoning: OI-R-1
  • Acres: 0.19
  • Buildigson Property: None
  • Deed Restriction: No
  • Deferred Taxes: No
  • Environmental Hazard: No
  • List Priceper Acre: 1473684.21
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 90
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 1, 2020
Sold by
Oib East Dw Llc
Bought by
Porter Scott S and Porter Rhonda C
Seller's Agent
The CheekTeam Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
The Cheek Team
Keller Williams Realty-Brunswick County
List Price
$280,000
Sold Price
$252,500
Premium/Discount to List
-$27,500
-9.82%
Current Estimated Value
$2,416,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,164,190
Avg. Annual Appreciation
50.34%

Purchase Details

Closed on
Apr 9, 2018
Sold by
Williamson Decarol and Kelley Marsha
Bought by
Oib East Dw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,292,206
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2018
Sold by
Dw Oi Investment Llc
Bought by
Williamson Decarol and Kelley Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,292,206
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2013
Bought by
Dw Oi Investments Llc
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
Porter Scott S $252,500 None Available
Oib East Dw Llc $1,292,500 None Available
Williamson Decarol -- None Available
Dw Oi Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oib East Dw Llc $1,292,206
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Sold $252,500 -9.8% --
05/26/2020 05/26/20 Pending -- -- --
04/16/2018 04/16/18 For Sale $280,000 -- --
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 $6,728 $1,733,370 $330,000 $1,403,370
2024 $67 $1,733,370 $330,000 $1,403,370
2023 $4,901 $1,733,370 $330,000 $1,403,370
2022 $4,901 $845,610 $232,000 $613,610
2021 $1,145 $232,000 $232,000 $0
2020 $1,143 $232,000 $232,000 $0
2019 $1,142 $232,000 $232,000 $0
2018 $963 $195,000 $195,000 $0
2017 $958 $195,000 $195,000 $0
2016 $956 $195,000 $195,000 $0
2015 $956 $195,000 $195,000 $0
2014 $1,116 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    The CheekTeam Team

    Keller Williams Innovate-OIB Mainland

    Section Image

  • T

    Buyer's Agent in 2020

    The Cheek Team

    Keller Williams Realty-Brunswick County

See All Agents

Map

Source: Hive MLS

MLS Number: 100111357

Hive MLS

APN: 244NL009

North Carolina Brunswick County Ocean Isle Beach 28469

359 E Fourth St, Ocean Isle Beach, NC

Not Listed for Sale

Lots

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