NOT LISTED FOR SALE

40 Private Dr Ocean Isle Beach, NC 28469

Estimated Value: $995,000 - $1,221,000

5 Beds
4 Baths
2,401 Sq Ft
$452/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $349,000 $145 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $6,131/month

209 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Zoned Heating and Cooling System
  • Union Elementary School Rated A-
  • Porch
  • Vinyl Plank Flooring

About This Home

As of March 2012

Never rented 2,400 SF 5BD-4BA beach house on an extra wide lot. Ocean views from front deck & two bedrooms. Lg master Bed room w/glassed in sitting area and private full length deck with marsh views. Large open Kitchen-Dining-Living room area opening onto back deck. Short walk to the beach,& community pool,child safe cul de-sac street. Popular rental area with excellent rental potential. You will love the open feeling, with plenty of north facing glass, and ample parking for boat or multiple families.

Last Agent to Sell the Property

Sarah Harris

Intracoastal Realty Listed on: 08/20/2011

Intracoastal Realty

Last Buyer's Agent

Sarah Harris

Intracoastal Realty Listed on: 08/20/2011

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1993

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 64x100x65x100
  • Property is zoned SFR RESORT / 7

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storm Doors

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 106520707113

Community Details

Overview

  • Summer Place Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,195

Year Built

Built in 1993

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 174.89
  • Master Bedroom Level: N/A
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Sq Ft Heated: 2401.00
  • Total Heated Primary Separate Sq Ft: 2401.00

Exterior Features

  • Exterior Features: Security Lighting, Storm Doors
  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Water, Maint - Comm Areas, Sewer, Maintenance Structure, Maint - Roads
  • HOAAssociationFee1Year: 375.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 281.00
  • Lot Acres: 0.15
  • Lot Dimensions: 64X100X65X100
  • Lot Number: 19
  • Lot Sq Ft: 6400.00
  • Zoning: SFR RESORT / 7

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 106520707113

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2011
Closed on
Mar 28, 2012
Sold by
Kesiah Samuel David and Kesiah Louie P
Bought by
Folmar Jonathan Russell and Folmar Margaret Golden
Seller's Agent
Sarah Harris
Intracoastal Realty
Buyer's Agent
Sarah Harris
Intracoastal Realty
List Price
$419,900
Sold Price
$349,000
Premium/Discount to List
-$70,900
-16.88%
Current Estimated Value
$1,065,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,589
Avg. Annual Appreciation
8.70%
Original Mortgage
$279,200
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Folmar Jonathan Russell $349,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folmar Jonathan Russel $258,300
Closed Folmar Jonathan Russell $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $349,000 -16.9% $145 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
08/20/2011 08/20/11 For Sale $419,900 -- $175 / 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 $3,195 $791,830 $280,000 $511,830
2023 $2,812 $791,830 $280,000 $511,830
2022 $2,812 $480,880 $150,000 $330,880
2021 $2,812 $480,880 $150,000 $330,880
2020 $2,777 $480,880 $150,000 $330,880
2019 $2,750 $151,520 $150,000 $1,520
2018 $2,245 $121,400 $120,000 $1,400
2017 $2,157 $121,400 $120,000 $1,400
2016 $2,107 $121,400 $120,000 $1,400
2015 $2,114 $380,340 $120,000 $260,340
2014 $2,232 $449,395 $250,000 $199,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20659724

Hive MLS

APN: 257FM019