NOT LISTED FOR SALE

392 E 4th St Ocean Isle Beach, NC 28469

Estimated Value: $1,441,557 - $1,678,000

0.12 Acre
$12,849,075 Price per Acre
5,192 Sq Ft Lot

Last Sold May 06, 2021

Last sale price $157,500

Est. 879% increase in value since last sale

Current estimated payment $8,419/month

192 Days on Market

Highlights

  • Water Views
  • Trails
  • Maintained Community
  • Union Elementary School Rated A-
  • Level Lot

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 Team

Keller Williams Innovate-OIB Mainland Listed on: 08/03/2020

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

The Cheek Team

Keller Williams Realty-Brunswick County

Property Details

Property Type

  • Land

Lot Details

  • 5,192 Sq Ft Lot
  • Level 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 137
  • Assessor Parcel Number 244nl089

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

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved
  • Waterfront: No
  • Waterview: Yes

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Tax Comm Areas, Trails
  • Annual HOA: 133.00
  • HOA Company: Little Beach Landing
  • HOA Phone: 910-251-8543

Lot Info

  • Deed Book: 3488
  • Deed Page: 517.00
  • Lot Description: Subdivision
  • Lot Number: 137
  • Lot Sq Ft: 5192.00
  • Zoning: OI-R-1
  • Acres: 0.12
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1458333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level
  • Lot Number2: 137

Tax Info

  • Tax Identifier: 244nl089
  • Tax Year: 2019

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, 2023
Sold by
392 Fourth Llc
Bought by
Driver Courtney L and Driver Arrington J
Current Estimated Value
$1,541,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$957,820
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$584,069

Purchase Details

Listed on
Aug 3, 2020
Closed on
Apr 3, 2021
Sold by
Oib East Dw Llc
Bought by
392 Fourth Llc
Seller's Agent
The CheekTeam Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
The Cheek Team
Keller Williams Realty-Brunswick County
List Price
$175,000
Sold Price
$157,500
Premium/Discount to List
-$17,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.99%

Purchase Details

Closed on
Jul 29, 2020
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
$2,400,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2020
Sold by
Dw 01 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
$2,400,000
Interest Rate
3.1%
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

Date Buyer Sale Price Title Company
Driver Courtney L $1,225,000 None Listed On Document
392 Fourth Llc $157,500 None Available
Oib East Dw Llc $2,400,000 None Available
Williamson Decarol -- None Available
Dw Oi Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driver Courtney L $980,000
Previous Owner Oib East Dw Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2021 05/06/21 Sold $157,500 -10.0% --
02/11/2021 02/11/21 Pending -- -- --
08/03/2020 08/03/20 For Sale $175,000 -- --
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 -- $1,121,420 $250,000 $871,420
2024 $4,235 $1,121,420 $250,000 $871,420
2023 $748 $806,100 $250,000 $556,100
2022 $748 $150,000 $150,000 $0
2021 $748 $150,000 $150,000 $0
2020 $746 $150,000 $150,000 $0
2019 $744 $150,000 $150,000 $0
2018 $817 $165,000 $165,000 $0
2017 $813 $165,000 $165,000 $0
2016 $810 $165,000 $165,000 $0
2015 $810 $165,000 $165,000 $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 Team

    Keller Williams Innovate-OIB Mainland

    Section Image

  • T

    Buyer's Agent in 2021

    The Cheek Team

    Keller Williams Realty-Brunswick County

See All Agents

Map

Source: Hive MLS

MLS Number: 100229837

Hive MLS

APN: 244NL089

North Carolina Brunswick County Ocean Isle Beach 28469

392 E 4th St, Ocean Isle Beach, NC

Not Listed for Sale

Lots

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