NOT LISTED FOR SALE

392 E Fourth St Ocean Isle Beach, NC 28469

Estimated Value: $1,421,894 - $1,640,000

5 Beds
5 Baths
2,499 Sq Ft
$612/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,225,000 $490 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,477/month

98 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Den
  • Union Elementary School Rated A-
  • Great Room
  • Covered Patio or Porch

About This Home

As of May 2023

What an amazing opportunity for some lucky Buyer. This brand new custom home is under construction now and will be done in the coming weeks. Cabinets and counter tops are in, floors are in and we are putting the finishing touches on this home. This inverted floorplan can accommodate all of your friends and family with 5 bedrooms and 5 baths. This home will also make for an amazing rental generating huge income year after year. This location is one of the preferred spots on the island as the beach access is very close and this stretch of the beach is typically less crowded. On the first level, there is a game room and 3 bedrooms. Upstairs, on the top floor, there are 2 more bedrooms along with the beautiful kitchen. The open floorplan allows for a large dining table and plenty of living room furniture. There will be an elevator that takes you to all 3 levels. The backyard will have a pool, and, in the front, there will be plenty of parking. There are very few new construction opportunities available right now, come check this one out before it's gone. Ocean Isle Beach is one the nicest family friendly beaches on the east coast, you will enjoy making memories here.

Last Agent to Sell the Property

Seth Barbee

The Saltwater Agency License #280250 Listed on: 10/04/2022

Last Buyer's Agent

Living Coastal Team

Intracoastal Realty

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 2022

Lot Details

  • 2,499 Sq Ft Lot
  • Lot Dimensions are 53x80x56x122
  • Fenced Yard

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 2,499 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Den

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 244nl089

Community Details

Overview

  • Little Beach Landing Subdivision
  • Maintained Community

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 2022

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Ceiling Fan(s), Elevator, Reverse Floor Plan
  • List Price per Sq Ft: 510.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Bedroom 2 Level: Second
  • Bedroom 4 Level: First
  • Bedroom 5 Level: First
  • Den Level: First
  • Great Room Level: Second
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2499.00
  • Total Heated Primary Separate Sq Ft: 2499.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Pilings
  • Is Construction Complete: Yes
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Trail(s)
  • HOAAssociationFee1Year: 133.00

Lot Info

  • Deed Book: 4612
  • Deed Page: 1362.00
  • Lot Acres: 0.12
  • Lot Dimensions: 53x80x56x122
  • Lot Sq Ft: 2499.00
  • Plat Book: 81
  • Plat Page: 68
  • Zoning: RES

Tax Info

  • Tax Identifier: 244nl089
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 747.50

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
May 22, 2023
Sold by
392 Fourth Llc
Bought by
Driver Courtney L and Driver Arrington J
Seller's Agent
Seth Barbee
The Saltwater Agency
Buyer's Agent
Living Coastal Team
Intracoastal Realty
List Price
$1,275,000
Sold Price
$1,225,000
Premium/Discount to List
-$50,000
-3.92%
Views
36
Current Estimated Value
$1,530,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,224
Avg. Annual Appreciation
10.97%
Original Mortgage
$980,000
Outstanding Balance
$958,681
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$604,245

Purchase Details

Closed on
Apr 3, 2021
Sold by
Oib East Dw Llc
Bought by
392 Fourth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3%
Mortgage Type
Unknown

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:

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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 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 Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,225,000 -3.9% $490 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
10/04/2022 10/04/22 For Sale $1,275,000 -- $510 / 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
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

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Map

Source: Hive MLS

MLS Number: 100352270

Hive MLS

APN: 244NL089