NOT LISTED FOR SALE

387 E Fourth St Ocean Isle Beach, NC 28469

Estimated Value: $1,465,829 - $1,725,000

0.14 Acres
$11,676,479 Price per Acre
6,004 Sq Ft Lot

Sale Details

Date Sold: May 5, 2021

Last sale price $240,000

Est. 581% increase in value since last sale

Current estimated payment $8,733 / mo

1082 Days on Market

Highlights

  • Water Views
  • Trails
  • Maintained Community
  • Union Elementary School Rated A-
  • Level Lot
  • 5-minute walk to Ferry Landing Park

About This Lot

As of May 2021

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 Cheek

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

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

Grace Schroeder

Bob Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,324

Lot Details

  • 6,004 Sq Ft Lot
  • Lot Dimensions are 60x116x50x117
  • 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 104
  • Assessor Parcel Number 244nl023

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

6,004 Sq Ft Lot

HOA Fees

$11 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1324.00
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 1750000.00
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved
  • Waterfront: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • 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

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 4039
  • Deed Page: 105.00
  • Lot Description: Subdivision
  • Lot Dimensions: 60X116X50X117
  • Lot Number: 104
  • Lot Sq Ft: 6004.00
  • Zoning: OI-R-1
  • Acres: 0.14
  • Deed Restriction: No
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 104

Tax Info

  • Tax Identifier: 244nl023
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 366.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Apr 28, 2021
Sold by
Oib East Dw Llc
Bought by
Druschel Michael S and Druschel Barbara A
Seller's Agent
The CheekTeam Cheek
Keller Williams Innovate-OIB Mainland
Buyer's Agent
Grace Schroeder
Bob Williams Realty
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%
Current Estimated Value
$1,634,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,394,707
Avg. Annual Appreciation
46.55%

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Druschel Michael S $240,000 None Available
Druschel Michael S $240,000 None Listed On Document
Oib East Dw Llc $1,292,500 None Available
Williamson Decarol -- None Available
Dw Oi Investments Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
05/05/2021 05/05/21 Sold $240,000 +2.1% --
04/02/2021 04/02/21 Pending -- -- --
04/16/2018 04/16/18 For Sale $235,000 -- --
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 -- $1,177,440 $330,000 $847,440
2024 $44 $1,177,440 $330,000 $847,440
2023 $2,300 $1,177,440 $330,000 $847,440
2022 $0 $391,760 $232,000 $159,760
2021 $1,143 $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 2021

    The CheekTeam Cheek

    Keller Williams Innovate-OIB Mainland

    Section Image

  • G

    Buyer's Agent in 2021

    Grace Schroeder

    Bob Williams Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 100111364

Hive MLS

APN: 244NL023

North Carolina Brunswick County Ocean Isle Beach 28469

387 E Fourth St, Ocean Isle Beach, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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