NOT LISTED FOR SALE

405 E Second St Ocean Isle Beach, NC 28469

Estimated Value: $722,648 - $834,000

3 Beds
2 Baths
1,036 Sq Ft
$745/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $625,000 $603 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,479/month

11 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Traditional Architecture
  • Union Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2022

Perfect location on quiet east end. Adorable 3 bedroom, 2 bath Beach Home with Pool! Ocean views with beach access across the street. Perfect family home or Income producing Rental in one of North Carolinas best Beaches! Fresh Interior paint in 2022. Exterior painted 2020. Pool concrete decking replaced 2019. Front deck boards replaced 2022. Enjoy the beach life with your own beach home!

Last Listed By

Patricia Borden

The Virtual Realty Group License #307511 Listed on: 09/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1971

Lot Details

  • Zoning described as OI-R-1

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Central Heating
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 244KB001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,162

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1971
  • Ratio Current Price By Acre: 5681818.18
  • Road Surface Type: Stone
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 603.28
  • Special Features: None

Interior Features

  • Foundation Details: Pier & Beam
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Open Floorplan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1036
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 227
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 227
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck
  • Appliances: Ceiling Fan(s), CO Detector, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1036
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: Ocean Isle Beach
  • Construction Type: Site Built
  • Waterfront Features: Beach - Private
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None
  • HOA Email: pattybordensellshomes@gmail.com

Lot Info

  • Lot Features: Water View
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Parcel Number: 244KB001
  • Lot Size: 5227
  • Zoning Description: OI-R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.41488

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2022
Closed on
Oct 4, 2022
Sold by
Borden Edward C and Borden Patricia D
Bought by
Tempest Marshall Taylor
Seller's Agent
Patricia Borden
The Virtual Realty Group
Buyer's Agent
Non Member
Canopy Administration
List Price
$679,000
Sold Price
$625,000
Premium/Discount to List
-$54,000
-7.95%
Total Days on Market
11
Views
31
Current Estimated Value
$771,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,662
Avg. Annual Appreciation
8.51%
Original Mortgage
$562,500
Outstanding Balance
$544,065
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$227,597

Purchase Details

Closed on
Mar 19, 2019
Sold by
Biggers William and Biggers Amal
Bought by
Borden Edward C and Borden Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
Bank Of America Na
Bought by
Biggers William and Biggers Amal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.36%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 2005
Sold by
Almost There Llc
Bought by
Mckenzie Christopher L and Mckenzie Allysa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,165
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Tempest Marshall Taylor $625,000 --
Borden Edward C $370,000 None Available
Biggers William $332,000 North American Title Corp
Mckenzie Christopher L $545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tempest Marshall Taylor $562,500
Previous Owner Borden Edward C $185,000
Previous Owner Biggers William $72,000
Previous Owner Mckenzie Christopher L $70,000
Previous Owner Mckenzie Christopher L $463,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $625,000 -3.7% $603 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $649,000 -4.4% $626 / Sq Ft
09/11/2022 09/11/22 For Sale $679,000 -- $655 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,162 $560,650 $281,250 $279,400
2023 $1,527 $560,650 $281,250 $279,400
2022 $1,527 $268,750 $150,000 $118,750
2021 $1,503 $268,750 $150,000 $118,750
2020 $1,486 $268,750 $150,000 $118,750
2019 $1,545 $169,740 $150,000 $19,740
2018 $1,558 $172,620 $150,000 $22,620
2017 $1,515 $172,620 $150,000 $22,620
2016 $1,490 $172,620 $150,000 $22,620
2015 $1,490 $281,080 $150,000 $131,080
2014 $1,645 $345,507 $250,000 $95,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3901491

Canopy MLS (Canopy Realtor® Association)

APN: 244KB001