NOT LISTED FOR SALE

404 E Fourth St Ocean Isle Beach, NC 28469

Estimated Value: $1,419,023 - $1,668,000

5 Beds
5 Baths
2,496 Sq Ft
$622/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $1,200,000 $481 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,611/month

103 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Den
  • Fenced Yard
  • Union Elementary School Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Ferry Landing Park

About This Home

As of May 2023

This brand-new home is just getting under way with construction. Framing is complete and drywall was just installed. This home will be finished in time for you to take advantage of next year's rental season. This home will have 5 bedrooms and 5 baths. The kitchen will be finished off really nicely with granite counter tops, nice cabinets and stainless-steel appliances. The elevator will take you to all 3 levels and there will be a nice pool in the backyard. This section of the island is very popular as there are multiple beaches within walking distance and the beach is less crowded on this end. Ocean Isle Beach is one of the nicest family friendly beaches on the east coast. Take advantage of this opportunity and begin making your memories here.

Last Agent to Sell the Property

Seth Barbee

The Saltwater Agency License #280250 Listed on: 10/01/2022

Last Buyer's Agent

Living Coastal Team

Intracoastal Realty

Intracoastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • Built in 2022

Lot Details

  • 2,496 Sq Ft Lot
  • Lot Dimensions are 56x88x55x95
  • Fenced Yard

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Den

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Union Elementary School
  • Shallotte Middle School
  • West Brunswick High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 244nl083

Community Details

Overview

  • Little Beach Landing Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

Built in 2022

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 9Ft+ Ceilings, Ceiling - Trey, Elevator
  • List Price per Sq Ft: 520.83
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Den Level: First
  • Living Room Level: Second
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2496.00
  • Total Heated Primary Separate Sq Ft: 2496.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Pilings
  • Is Construction Complete: Yes
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Trail(s)
  • HOAAssociationFee1Year: 133.00

Lot Info

  • Deed Book: 3488
  • Deed Page: 517.00
  • Lot Acres: 0.12
  • Lot Dimensions: 56x88x55x95
  • Lot Sq Ft: 2496.00
  • Plat Book: 81
  • Plat Page: 68
  • Zoning: Res

Tax Info

  • Tax Identifier: 244nl083
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 747.50

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
May 22, 2023
Sold by
404 Fourth Llc
Bought by
Benson Matthew and Benson Kellianne
Seller's Agent
Seth Barbee
The Saltwater Agency
Buyer's Agent
Living Coastal Team
Intracoastal Realty
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Views
104
Current Estimated Value
$1,552,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,506
Avg. Annual Appreciation
12.16%

Purchase Details

Closed on
Apr 7, 2021
Sold by
Oib East Dw Llc
Bought by
404 Fourth Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3%
Mortgage Type
Unknown

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
Benson Matthew $1,200,000 None Listed On Document
Benson Matthew $1,200,000 None Listed On Document
404 Fourth Llc $157,500 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
Previous Owner Oib East Dw Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $1,200,000 -7.7% $481 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
12/05/2022 12/05/22 Price Changed $1,300,000 +13.0% $521 / Sq Ft
10/28/2022 10/28/22 Price Changed $1,150,000 -11.5% $461 / Sq Ft
10/01/2022 10/01/22 For Sale $1,300,000 -- $521 / 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 $4,426 $1,177,330 $250,000 $927,330
2024 $4,426 $1,177,330 $250,000 $927,330
2023 $748 $653,150 $250,000 $403,150
2022 $748 $150,000 $150,000 $0
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: 100351864

Hive MLS

APN: 244NL083