$990,000
SOLD NOV 20, 2017

378 E First St Ocean Isle Beach, NC 28469

6 Beds
6.5 Baths
2,664 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$372 Per Sq Ft

20% Below List Price

266 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Wood Flooring
  • Union Elementary School Rated A-
  • Deck
  • Furnished

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

Jonathan Ennis

Coldwell Banker Sea Coast Advantage Listed on: 01/17/2017

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Bob Williams

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,496

Year Built

  • Built in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x153x51x152
  • Ocean Front
  • Property is zoned OI-R-1

Home Design

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

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

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

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ocean Isle Beach Island Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 244nj001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,496

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 2015
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Wet Bar, Walk-in Shower, Solid Surface, Smoke Detectors, Elevator, Hot Tub, Gas Logs, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 431.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 6
  • Number Rooms: 9
  • Sq Ft Heated: 2664.00
  • Total Heated Primary Separate Sq Ft: 2664.00

Exterior Features

  • Exterior Features: Storm Windows
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump, Zoned
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 795.00
  • Lot Acres: 0.18
  • Lot Dimensions: 50x153x51x152
  • Lot Number: 1
  • Lot Sq Ft: 7841.00
  • Plat Book: 3
  • Plat Page: 178-178A
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 244nj001
  • Tax Year: 2015

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%
Total Days on Market
266
Current Estimated Value
$1,994,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,004,126
Avg. Annual Appreciation
9.75%
Original Mortgage
$693,000
Outstanding Balance
$211,559
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,782,567

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
$330,000
Interest Rate
3.81%
Mortgage Type
Unknown

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
$120,000
Interest Rate
3.57%
Mortgage Type
Unknown

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:

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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 Type Sale Price Title Company
Warranty Deed $990,000 None Available
Warranty Deed $950,000 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $693,000 Purchase Money Mortgage
Previous Owner $42,000 Unknown
Previous Owner $330,000 Unknown
Previous Owner $393,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Unknown
Previous Owner $120,000 Unknown
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $990,000 0.0% $372 / Sq Ft
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: 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 $5,496 $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

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Map

Source: Hive MLS

MLS Number: 100043674

Hive MLS

APN: 244NJ001