NOT LISTED FOR SALE

391 E Fourth St Ocean Isle Beach, NC 28469

Estimated Value: $2,113,147 - $2,336,000

0.21 Acre
$10,589,124 Price per Acre
9,148 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $330,000

Est. 574% increase in value since last sale

Current estimated payment $12,342/month

56 Days on Market

Highlights

  • Intracoastal View
  • Wooded Lot
  • Property fronts a marsh
  • Union Elementary School Rated A-
  • Trails
  • 2-minute walk to Ocean Ridge Bocce courts

About This Lot

As of April 2022

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 Cheek Team

Keller Williams Innovate-OIB Mainland Listed on: 12/22/2021

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

  • $5,944

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 74x134x63x136
  • Property fronts a marsh
  • Wooded Lot

Property Views

  • Intracoastal Views

Schools

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

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 244nl025

Community Details

Overview

  • Property has a Home Owners Association
  • Little Beach Landing Subdivision
  • Maintained Community

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$5,944

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 74

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Mgmt Fee, See Remarks, Tax Comm Areas, Trails

Lot Info

  • Deed Book: 4605
  • Deed Page: 110.00
  • Lot Description: Subdivision
  • Lot Dimensions: 74x134x63x136
  • Lot Number: 106
  • Lot Sq Ft: 9148.00
  • Plat Book: 81
  • Plat Page: 67
  • Zoning: RES
  • Acres: 0.21
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1595238.10
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 106
  • Lot View Type: ICW View, Marsh View, Water View

Tax Info

  • Tax Identifier: 244nl025
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
Reed Loren Jee Hae
Bought by
Loren Reed Trust and Reed
Current Estimated Value
$2,223,716

Purchase Details

Closed on
Jun 10, 2022
Sold by
510 Properties Llc
Bought by
Reed Loren Jee Hae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 27, 2021
Sold by
Williamson Decarol and Kelley Marsha
Bought by
Ole East Dw Llc

Purchase Details

Closed on
Dec 1, 2013
Bought by
Dw Oi Investments Llc
Source: Public Records

Range of Values:

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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
Loren Reed Trust -- None Listed On Document
Loren Reed Trust -- None Listed On Document
Reed Loren Jee Hae -- Hinson Faulk Pa
Ole East Dw Llc $5,224,500 None Available
Williamson Decarol -- None Available
Dw Oi Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hae Loren Jee $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $330,000 -1.5% --
02/16/2022 02/16/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $335,000 -- --
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 $5,944 $1,505,770 $330,000 $1,175,770
2024 $5,944 $1,505,770 $330,000 $1,175,770
2023 $1,145 $732,070 $330,000 $402,070
2022 $0 $232,000 $232,000 $0
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

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Map

Source: Hive MLS

MLS Number: 100305531

Hive MLS

APN: 244NL025