NOT LISTED FOR SALE

397 E Second St Ocean Isle Beach, NC 28469

Estimated Value: $1,377,852 - $1,568,000

5 Beds
5 Baths
2,624 Sq Ft
$560/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $1,350,000 $514 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,076/month

157 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Deck
  • Whirlpool Bathtub

About This Home

As of November 2023

This 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 Agent to Sell the Property

McNeely Group

Landmark Sotheby's International Realty License #137237 Listed on: 04/21/2023

Landmark Sotheby's International Realty

Last Buyer's Agent

A Non Member

A Non Member

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,158

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Elevator, Furnished, Gas Logs, Kitchen Island, Pantry, Solid Surface, Walk-in Shower, Walk-In Closet, Wet Bar, Whirlpool
  • Laundry Location: Room
  • List Price per Sq Ft: 533.16
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 2624.00
  • Total Heated Primary Separate Sq Ft: 2624.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Deck, Open, Porch
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Gravel, Off Street, On Site, Unpaved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Focus Broadband
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 721.00
  • Lot Acres: 0.11
  • Lot Dimensions: 49x99x48x99
  • Lot Number: 4
  • Lot Sq Ft: 4835.00
  • Lot Water Features: Third Row
  • Plat Book: H
  • Plat Page: 375
  • Zoning: AE
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 244ka012
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 2758.15
  • Total Real Estate Property Taxes: 3158.15

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • High School2: Early College
  • Middle School: Shallotte

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%
Views
652
Current Estimated Value
$1,468,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,963
Avg. Annual Appreciation
4.17%
Original Mortgage
$1,105,000
Outstanding Balance
$1,089,438
Interest Rate
7.19%
Mortgage Type
Construction
Estimated Equity
$369,465

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
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
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

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 $3,457 $893,760 $225,000 $668,760
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

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Map

Source: Hive MLS

MLS Number: 100380322

Hive MLS

APN: 244KA012