NOT LISTED FOR SALE

397 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,021,000 - $1,207,000

4 Beds
2 Baths
1,401 Sq Ft
$776/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $530,000 $378 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,368/month

87 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Union Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of July 2014

SURF, SEA, SAND...Unique oceanside property with unobstructed views of the ocean. Next best thing to oceanfront without oceanfront prices. Two beach accesses nearby. Rebuildable lot and excellent rental history. New windows, dryer and newly painted inside and out. In process of adding new air handlers and AC units. Sit on your front deck, enjoy the ocean breezes and the beautiful new wide beach!

Last Listed By

Bob Williams

Intracoastal Realty Listed on: 04/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 1992

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100x49x100
  • Ocean Front

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,401 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Dining Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 108513135743

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One and One Half
  • Year Built: 1992
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 395.79
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1401.00
  • Total Heated Primary Separate Sq Ft: 1401.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Unpaved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1002.00
  • Lot Acres: 0.11
  • Lot Dimensions: 50X100X49X100
  • Lot Number: 2
  • Lot Sq Ft: 5000.00
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 108513135743
  • Tax Year: 2012
  • Total City Real Estate Property Tax: 1642.00
  • Total Real Estate Property Taxes: 1642.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jul 22, 2014
Sold by
Norton Dianne S and Norton Doug
Bought by
Blake Robert E and Blake Juliee C
Seller's Agent
Bob Williams
Intracoastal Realty
Buyer's Agent
Bob Williams
Intracoastal Realty
List Price
$554,500
Sold Price
$530,000
Premium/Discount to List
-$24,500
-4.42%
Total Days on Market
87
Current Estimated Value
$1,087,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,635
Avg. Annual Appreciation
6.86%
Original Mortgage
$332,000
Outstanding Balance
$257,370
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$830,265

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jul 16, 2014
Sold by
Chafin Lynn S
Bought by
Norton Dianne S and Chafin Lynn S
Seller's Agent
Bob Williams
Intracoastal Realty
Buyer's Agent
Bob Williams
Intracoastal Realty
List Price
$554,500
Sold Price
$530,000
Premium/Discount to List
-$24,500
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$257,370
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$830,265

Purchase Details

Closed on
Sep 17, 2007
Sold by
Norton Douglas E and Norton Dianne S
Bought by
Stone Helen

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
Blake Robert E $530,000 None Available
Norton Dianne S -- None Available
Stone Helen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Robert E $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $530,000 -4.4% $378 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $554,500 -- $396 / 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
2024 $3,358 $906,610 $600,000 $306,610
2023 $2,620 $906,610 $600,000 $306,610
2022 $2,620 $490,890 $330,000 $160,890
2021 $2,620 $490,890 $330,000 $160,890
2020 $2,602 $490,890 $330,000 $160,890
2019 $2,588 $331,100 $330,000 $1,100
2018 $2,758 $391,130 $390,000 $1,130
2017 $2,711 $391,130 $390,000 $1,130
2016 $2,686 $391,130 $390,000 $1,130
2015 $2,654 $526,500 $390,000 $136,500
2014 $1,547 $326,968 $225,000 $101,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20682728

Hive MLS

APN: 244NE009