NOT LISTED FOR SALE

416 E Third St Ocean Isle Beach, NC 28469

Estimated Value: $1,423,951 - $1,574,000

5 Beds
5 Baths
2,492 Sq Ft
$593/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $849,000 $341 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,094/month

19 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Deck
  • 4-minute walk to Ferry Landing Park

About This Home

As of October 2021

This Impressive to-be-built coastal retreat is located on the Island of Ocean Isle Beach will feature a private pool, tiki bar, outdoor shower, elevator, and large open reverse floor plan. Kick your feet up and relax on one of the many porches, wash off in the outdoor shower after a fun day at the beach, entertain family and friends by the pool and tiki bar. Featuring 5 spacious bedrooms, living room, den, a gorgeous kitchen, high end finishes and more. This beach home is a great investment opportunity and is set to be part of a rental program. Start enjoying the coastal lifestyle and the chance to own and enjoy this amazing ''to-be-built'' beach home. Convenient to walking trails along the marsh, beach access, public parks, boat launch, local shopping, restaurants and more. Call today for more information.

Last Agent to Sell the Property

Laura Hewett

Carolina Elite Properties LHR License #189642 Listed on: 02/22/2021

Last Buyer's Agent

Living Coastal Team

Intracoastal Realty

Intracoastal Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 58'x101'x55'x120'
  • Sprinkler System
  • Property is zoned R1

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Water Views
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 244nl052

Community Details

Overview

  • Little Beach Landing Subdivision
  • Maintained Community

Recreation

  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$11 per month

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

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Ceiling - Trey, Reverse Floor Plan, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Elevator, Ceiling Fan(s)
  • List Price per Sq Ft: 340.69
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Sq Ft Heated: 2492.00
  • Total Heated Primary Separate Sq Ft: 2492.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Open, Deck
  • 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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Taxes, Trail(s), Management
  • HOAAssociationFee1Year: 133.00

Lot Info

  • Deed Page: 1010.00
  • Lot Acres: 0.14
  • Lot Dimensions: 58'x101'x55'x120'
  • Lot Number: 151
  • Lot Sq Ft: 6098.00
  • Special Assessments: None Known
  • Zoning: R1
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 244nl052
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Point Oib Llc
Bought by
Gibson Lyndsey J and Gibson Christopher D
Current Estimated Value
$1,478,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,000
Outstanding Balance
$355,953
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$1,122,535

Purchase Details

Listed on
Feb 22, 2021
Closed on
Nov 1, 2021
Sold by
416 Third Llc
Bought by
Gibson Christopher Daniel and Gibson Lyndsey Jewell
Seller's Agent
Laura Hewett
Carolina Elite Properties LHR
Buyer's Agent
Living Coastal Team
Intracoastal Realty
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$679,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2021
Closed on
Oct 29, 2021
Sold by
416 Third Llc
Bought by
Gibson Christopher Daniel and Gibson Lyndsey Jewell
Seller's Agent
Laura Hewett
Carolina Elite Properties LHR
Buyer's Agent
Living Coastal Team
Intracoastal Realty
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2020
Closed on
Nov 16, 2020
Sold by
Oib East Dw Llc
Bought by
416 Third Llc
Seller's Agent
The CheekTeam Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
Wanda Tate
Jessie & Myers Construction Company
List Price
$175,000
Sold Price
$157,500
Premium/Discount to List
-$17,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
743.55%
Original Mortgage
$600,000
Interest Rate
2.7%
Mortgage Type
Commercial

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gibson Lyndsey J $1,100,000 --
Gibson Christopher Daniel -- None Available
Gibson Christopher Daniel $849,000 Bridgers Cynthia D
416 Third 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
Open Gibson Lyndsey J $826,000
Previous Owner Gibson Christopher Daniel $679,200
Previous Owner 416 Third Llc $600,000
Previous Owner Oib East Dw Llc $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $849,000 0.0% $341 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $849,000 +439.0% $341 / Sq Ft
12/16/2020 12/16/20 Sold $157,500 -10.0% -- View Prior Sale
10/29/2020 10/29/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $175,000 -- --
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 $4,047 $1,029,310 $250,000 $779,310
2024 $4,047 $1,029,310 $250,000 $779,310
2023 $3,471 $1,029,310 $250,000 $779,310
2022 $3,471 $612,000 $150,000 $462,000
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: 100257835

Hive MLS

APN: 244NL052