NOT LISTED FOR SALE

378 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,798,000 - $2,021,000

6 Beds
6.5 Baths
2,664 Sq Ft
$731/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $990,000 $372 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $10,178/month

250 Days on Market

Highlights

  • Ocean Front
  • Union Elementary School Rated A-
  • Island Location

About This Home

As of November 2017

Welcome to the much sought after Ocean Isle Beach where you have the opportunity of owning this beautiful oceanfront home. Built in 2015, features include a reverse floor plan, 6 bedrooms, 6.5 baths, elevator, 2 living areas & a hot tub. The home will sleep 20 offering great rental possibilities. The 1st floor has 4 bedrooms each with a private bath, a central living room with a queen sleeper sofa & kitchenette. The top floor has 2 bedrooms with private bathrooms, a spacious living room with vaulted ceiling, fireplace, kitchen & deck. The kitchen features 2 refrigerators, 2 dishwashers, granite countertops & breakfast bar. There are 2 washers/dryers, large outside storage area & outside shower. Enjoy sunrises & million dollar ocean views while relaxing on one of two decks. When the sun

Last Agent to Sell the Property

Anna Marie Kozel

Coldwell Banker Sea Coast Adva License #53739 Listed on: 02/02/2017

Coldwell Banker Sea Coast Adva

Last Buyer's Agent

AGENT .NON-MLS

ICE Mortgage Technology INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Ocean Front
  • Property is zoned OI-R-1

Parking

  • Tuck Under Parking

Home Design

  • 2,664 Sq Ft Home
  • Stilt Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Island Location

Schools

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

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

Parking

6

Listing Details

  • Estimated Year Built: 2015
  • Class: Residential
  • Construction Status: Resale
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 02/03/2017
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Total Heated Sq Ft: 2664
  • Geo Subdivision: NC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Bedrooms: 6
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Sq Ft: 2664

Garage/Parking

  • Type: Detached

Lot Info

  • Lot Location: Oceanfront Lot, Island
  • Zoning: OI-R-1

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2017
Closed on
Nov 17, 2017
Sold by
Oltmans Michelle L and Oltmans Berend G
Bought by
Byrd Cannon Holdings Llc
Seller's Agent
Anna Marie Kozel
Coldwell Banker Sea Coast Adva
Buyer's Agent
AGENT .NON-MLS
ICE Mortgage Technology INC
List Price
$1,240,000
Sold Price
$990,000
Premium/Discount to List
-$250,000
-20.16%
Current Estimated Value
$1,947,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$957,252
Avg. Annual Appreciation
8.69%
Original Mortgage
$693,000
Outstanding Balance
$173,526
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,773,726

Purchase Details

Closed on
Feb 8, 2016
Sold by
Village Developers Inc
Bought by
Oltmans Michelle L and Oltmans Berend G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2013
Sold by
Riddle Ferman C and Riddle Killam Mary B
Bought by
Village Developers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2010
Sold by
Riddle Ferman C and Riddle Faye H
Bought by
Riddle Ferman C

Purchase Details

Closed on
Jan 15, 2010
Sold by
Riddle Ferman C and Riddle Faye H
Bought by
Riddle Ferman C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Byrd Cannon Holdings Llc $990,000 None Available
Oltmans Michelle L $950,000 None Available
Village Developers Inc -- None Available
Riddle Ferman C -- None Available
Riddle Ferman C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrd Cannon Holdings Llc $693,000
Previous Owner Oltmans Michelle L $393,000
Previous Owner Village Developers Inc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2017 11/20/17 Sold $990,000 0.0% $372 / Sq Ft View Prior Sale
11/20/2017 11/20/17 Sold $990,000 -20.2% $372 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $1,240,000 0.0% $465 / Sq Ft
01/17/2017 01/17/17 For Sale $1,240,000 -- $465 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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 -- $1,470,970 $800,000 $670,970
2024 $55 $1,470,970 $800,000 $670,970
2023 $5,273 $1,470,970 $800,000 $670,970
2022 $5,276 $987,420 $546,250 $441,170
2021 $5,276 $987,420 $546,250 $441,170
2020 $5,260 $987,420 $546,250 $441,170
2019 $5,243 $549,450 $546,250 $3,200
2018 $4,683 $497,120 $494,000 $3,120
2017 $4,693 $497,120 $494,000 $3,120
2016 $4,616 $497,120 $494,000 $3,120
2015 $1,224 $231,710 $130,000 $101,710
2014 $667 $128,138 $60,000 $68,138
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Ennis

    Seller's Agent in 2017

    Jonathan Ennis

    Coldwell Banker Sea Coast Advantage

    (910) 891-9979

    46 in this area

    325 Total Sales

    Jonathan Ennis
    Section Image

  • A

    Seller's Agent in 2017

    Anna Marie Kozel

    Coldwell Banker Sea Coast Adva

    Section Image

  • B

    Buyer's Agent in 2017

    Bob Williams

    Intracoastal Realty

  • A

    Buyer's Agent in 2017

    AGENT .NON-MLS

    ICE Mortgage Technology INC

See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1702728

Coastal Carolinas Association of REALTORS®

APN: 244NJ001

North Carolina Brunswick County Ocean Isle Beach 28469

378 E First St, Ocean Isle Beach, NC

Not Listed for Sale

Detached

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