397 E Second St Ocean Isle Beach, NC 28469
Estimated Value: $1,382,000 - $1,626,000
5
Beds
5
Baths
2,624
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- Ocean View
- In Ground Pool
- Main Floor Primary Bedroom
- Union Elementary School Rated A-
- Deck
- Whirlpool Bathtub
About This Home
As of November 2023This stunning home has it all! With a reverse floor plan that maximizes ocean views, an elevator for convenience, and an in-ground pool with a fun tiki bar, this home is perfect for those who appreciate luxury and entertainment. The game room on the first level, complete with a wet bar and large flat-screen TV, offers additional space for relaxation or gatherings, and could even be used as a second living area. The open floor plan on the main level showcases crown molding and track lighting, creating an elegant ambiance. The gas log fireplace adds warmth and coziness to the living area. The well-appointed kitchen with ample seating in the dining area is perfect for hosting guests. The easy-maintenance luxury vinyl tile (LVT) flooring flows throughout the entire home, adding durability and style. The five bedrooms in this home are all en suite, providing ultimate privacy and convenience. There's even an extra bunk room that's sure to be a hit with the young ones. The top deck offers even better ocean views, perfect for enjoying sunrises and sunsets over the Atlantic. The outdoor space is a true oasis, with an inground pool and a Tiki Bar that provides the perfect island experience. It's an ideal spot for entertaining, relaxing, and enjoying the coastal lifestyle. Whether you're looking for a primary residence, a second home, or a rental property, this home has it all. Don't miss the opportunity to make it your own and enjoy the perfect island escape!
Last Listed By
Landmark Sotheby's International Realty License #137237 Listed on: 04/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,158
Year Built
- Built in 2005
Lot Details
- 4,835 Sq Ft Lot
- Lot Dimensions are 49x99x48x99
- Fenced Yard
- Property is zoned AE
Home Design
- Wood Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,624 Sq Ft Home
- 2-Story Property
- Wet Bar
- Furnished
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Ocean Views
- Attic Floors
Kitchen
- Electric Cooktop
- Stove
- Built-In Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 5 Full Bathrooms
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Gravel Driveway
- Unpaved Parking
- Off-Street Parking
Accessible Home Design
- Accessible Elevator Installed
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Union Elementary School
- Shallotte Middle School
- West Brunswick High School
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Fuel Tank
- Municipal Trash
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 244ka012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2023
Closed on
Oct 30, 2023
Sold by
Thetford Cal and Thetford Heidi
Bought by
Brennan Michael
Seller's Agent
McNeely Group
Landmark Sotheby's International Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$1,449,000
Sold Price
$1,350,000
Premium/Discount to List
-$99,000
-6.83%
Total Days on Market
157
Views
652
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,691
Avg. Annual Appreciation
6.23%
Original Mortgage
$1,105,000
Outstanding Balance
$1,089,438
Interest Rate
7.19%
Mortgage Type
Construction
Estimated Equity
$392,253
Purchase Details
Listed on
Jun 24, 2020
Closed on
Aug 25, 2020
Sold by
Atlantic Coast Development Inc
Bought by
Thetford Cal and Thetford Heidi
Seller's Agent
The Cheek Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
List Price
$739,900
Sold Price
$721,500
Premium/Discount to List
-$18,400
-2.49%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.78%
Original Mortgage
$577,200
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 2019
Sold by
Lasater Robert E and Lasater Nancy W
Bought by
Atlantic Coast Development Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 15, 2005
Sold by
Ocean Isle Developing Co
Bought by
Lasater Robert E and Lasater Nancy W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Ocean Isle Beach, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brennan Michael | $1,350,000 | None Listed On Document | |
| Thetford Cal | $721,500 | None Available | |
| Atlantic Coast Development Inc | -- | None Available | |
| Lasater Robert E | $500,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brennan Michael | $1,105,000 | |
| Previous Owner | Thetford Cal | $577,200 | |
| Previous Owner | Atlantic Coast Development Inc | $520,000 | |
| Previous Owner | Lasater Robert E | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2023 11/06/23 | Sold | $1,350,000 | -3.5% | $514 / Sq Ft |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- |
| 08/18/2023 08/18/23 | Price Changed | $1,399,000 | -3.5% | $533 / Sq Ft |
| 04/21/2023 04/21/23 | For Sale | $1,449,000 | +100.8% | $552 / Sq Ft |
| 09/02/2020 09/02/20 | Sold | $721,500 | -2.5% | $292 / Sq Ft |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $739,900 | -- | $300 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $3,457 | $893,760 | $225,000 | $668,760 |
| 2023 | $3,158 | $880,180 | $225,000 | $655,180 |
| 2022 | $3,158 | $568,690 | $150,000 | $418,690 |
| 2021 | $3,158 | $568,690 | $150,000 | $418,690 |
| 2020 | $3,218 | $568,690 | $150,000 | $418,690 |
| 2019 | $3,191 | $175,980 | $150,000 | $25,980 |
| 2018 | $3,158 | $179,270 | $150,000 | $29,270 |
| 2017 | $3,061 | $179,270 | $150,000 | $29,270 |
| 2016 | $3,011 | $179,270 | $150,000 | $29,270 |
| 2015 | $2,919 | $560,610 | $150,000 | $410,610 |
| 2014 | $2,509 | $521,751 | $250,000 | $271,751 |
Source: Public Records
Agents Affiliated with this Home
-
McNeely Group
Seller's Agent in 2023
McNeely Group
Landmark Sotheby's International Realty
(843) 353-1423
81 in this area
243 Total Sales
-
A
Buyer's Agent in 2023
A Non Member
A Non Member
-
Seller's Agent in 2020
The Cheek Team
Keller Williams Innovate-OIB Mainland
(910) 477-4554
337 in this area
557 Total Sales
-
Frances Warner
Buyer's Agent in 2020
Frances Warner
Coldwell Banker Sea Coast Advantage
(910) 233-7030
185 in this area
363 Total Sales
Map
Source: Hive MLS
MLS Number: 100380322
APN: 244KA012
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