NOT LISTED FOR SALE

400 E Fourth St Ocean Isle Beach, NC 28469

Estimated Value: $1,436,000 - $1,746,000

5 Beds
5.5 Baths
2,500 Sq Ft
$650/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $971,800 $389 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $9,166/month

19 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Vaulted Ceiling
  • 4-minute walk to Ferry Landing Park

About This Home

As of February 2022

Currently under construction with expected completion in October, this custom 2500 sq. ft. 5BR/5.5 bath OIB beach home is steps away from the Durham St. beach entrance and features outdoor amenities including pool, shower and tiki bar. The unique floorplan includes dual living areas, elevator and reverse floor plan with unobstructed ocean views on an oversized lot. Every bedroom has an en-suite bathroom and a slider with direct balcony access. The 3rd floor living area is completely open and features a wall of glass with cathedral ceilings to take advantage of both pool and ocean views. Top end finishes throughout including LVT flooring, built-in headboards and quartz counters perfectly position this home to be a great investment and a premiere rental income property.

Last Agent to Sell the Property

Steve Toop

United Brokers LTD License #130828 Listed on: 05/05/2021

Last Buyer's Agent

The Cheek Team

Keller Williams Realty-Brunswick County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 2021

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced Yard
  • Wood Fence

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Intracoastal

Home Design

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

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Vinyl Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Little Beach Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 244nl085

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,570

Year Built

Built in 2021

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, Hallways
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Vinyl
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Elevator, Wet Bar, Walk-in Shower, Smoke Detectors, Reverse Floor Plan, Ceiling - Vaulted, Ceiling Fan(s), 9Ft+ Ceilings
  • List Price per Sq Ft: 371.60
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Dining Room Level: Second
  • Family Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2500.00
  • Total Heated Primary Separate Sq Ft: 2500.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement, None
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 6.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 1152.00
  • Lot Acres: 0.12
  • Lot Dimensions: irregular
  • Lot Sq Ft: 5227.00
  • Zoning: R
  • Lot View Type: ICW View, Ocean View

Tax Info

  • Tax Identifier: 244nl085
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jan 27, 2022
Sold by
Oib East End Development Llc
Bought by
Rhodes Brian and Rhodes Amy
Seller's Agent
Steve Toop
United Brokers LTD
Buyer's Agent
The Cheek Team
Keller Williams Realty-Brunswick County
List Price
$929,000
Sold Price
$971,801
Premium/Discount to List
$42,801
4.61%
Current Estimated Value
$1,624,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,082
Avg. Annual Appreciation
15.35%
Original Mortgage
$773,601
Outstanding Balance
$719,713
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$905,169

Purchase Details

Closed on
Sep 9, 2020
Sold by
Oib East Dw Llc
Bought by
Oib East End Develeopment 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 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
Rhodes Brian $972,000 Wortman Law Firm Pllc
Oib East End Develeopment Llc $175,000 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 Rhodes Brian $773,601
Previous Owner Oib East End Development Llc $508,360
Previous Owner Oib East Dw Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $971,801 +4.6% $389 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $929,000 -- $372 / 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 $4,570 $1,219,200 $250,000 $969,200
2024 $4,570 $1,219,200 $250,000 $969,200
2023 $2,533 $1,219,200 $250,000 $969,200
2022 $2,533 $439,850 $150,000 $289,850
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: 100269770

Hive MLS

APN: 244NL085