NOT LISTED FOR SALE

387 E 2nd St Ocean Isle Beach, NC 28469

Estimated Value: $885,900 - $1,133,000

0.11 Acre
$9,361,136 Price per Acre
5,000 Sq Ft Lot

Last Sold April 30, 2012

Last sale price $125,000

Est. 724% increase in value since last sale

Current estimated payment $5,306/month

426 Days on Market

Highlights

  • Ocean View
  • Union Elementary School Rated A-
  • Level Lot

About This Lot

As of April 2012

Bank Owned Property-One of the most affordable building sites on Ocean Isle Beach-Future Home on pilings should capture views of Atlantic Ocean and the Intracoastal Waterway-Special lot loan program available with up to 90% financing-

Last Agent to Sell the Property

Eddy Jones

Cooke Realty Listed on: 03/01/2011

Last Buyer's Agent

Jerry Nelson

Ocean Isle Beach Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Level Lot

Property Views

  • Ocean
  • Intracoastal

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 108513147001

Property Details

Property Type

Land

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Waterview: Yes
  • List Priceper Acre: 1318181.82
  • Lot View Type: ICW View, Ocean View, Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 996.00
  • Lot Dimensions: 50X100
  • Lot Number: 9
  • Lot Sq Ft: 5000.00
  • Zoning: RESIDENTIAL
  • Acres: 0.11
  • Topography: Level
  • Lot Number2: 9

Tax Info

  • Tax Identifier: 108513147001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2011
Closed on
Apr 26, 2012
Sold by
Security Savings Bank
Bought by
Jacks John R and Jacks Lynda B
Seller's Agent
Eddy Jones
Cooke Realty
Buyer's Agent
Jerry Nelson
Ocean Isle Beach Realty, Inc.
List Price
$169,900
Sold Price
$125,000
Premium/Discount to List
-$44,900
-26.43%
Current Estimated Value
$1,029,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$904,725
Avg. Annual Appreciation
16.50%

Purchase Details

Closed on
Feb 9, 2010
Sold by
Beach Water Llc
Bought by
Security Savings Bank

Purchase Details

Closed on
May 13, 2005
Sold by
Ocean Isle Developing Co
Bought by
Beachwater Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.98%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Jacks John R $125,000 None Available
Security Savings Bank -- None Available
Beachwater Llc $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beachwater Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $125,000 -26.4% --
04/30/2012 04/30/12 Pending -- -- --
03/01/2011 03/01/11 For Sale $169,900 -- --
Source: Hive MLS

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 -- $688,580 $225,000 $463,580
2024 $26 $688,580 $225,000 $463,580
2023 $2,239 $688,580 $225,000 $463,580
2022 $0 $420,370 $150,000 $270,370
2021 $1,982 $420,370 $150,000 $270,370
2020 $0 $420,370 $150,000 $270,370
2019 $2,208 $173,070 $150,000 $23,070
2018 $2,051 $176,330 $150,000 $26,330
2017 $2,007 $176,330 $150,000 $26,330
2016 $1,982 $176,330 $150,000 $26,330
2015 $1,982 $388,120 $150,000 $238,120
2014 $1,899 $406,590 $250,000 $156,590
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Eddy Jones

    Cooke Realty

  • J

    Buyer's Agent in 2012

    Jerry Nelson

    Ocean Isle Beach Realty, Inc.

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Map

Source: Hive MLS

MLS Number: 20655271

Hive MLS

APN: 244KA011

North Carolina Brunswick County Ocean Isle Beach 28469

387 E 2nd St, Ocean Isle Beach, NC

Not Listed for Sale

Lots

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2026 Hive MLS LLC

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