NOT LISTED FOR SALE

42 E 1st St Unit B-1 Ocean Isle Beach, NC 28469

Estimated Value: $627,000 - $798,525

3 Beds
2 Baths
1,420 Sq Ft
$500/mo HOA Fee

Last Sold August 01, 2024

Last sale price $850,000 $599 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,441/month

11 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • In Ground Pool
  • Union Elementary School Rated A-
  • Deeded access to the beach
  • 4-minute walk to OIB Children's Playground

About This Home

As of August 2024

Discover the serene beauty of coastal living at its finest with this stunning oceanfront condo located at 42 E 1st St. B-1, Ocean Isle Beach, North Carolina. This new listing offers a unique opportunity to own a slice of paradise with breathtaking ocean views and a host of attractive amenities.Inside, the condo features three spacious bedrooms and two well-appointed bathrooms, providing ample space for relaxation and privacy. The open-plan living area is designed to maximize the scenic vistas, with large windows flooding the space with natural light and offering unobstructed views of the sparkling Atlantic Ocean and sandy shores of Ocean Isle Beach. Wake up in the serene oceanfront primary bedroom and step out onto the balcony to catch a whiff of the morning salt air. A large kitchen with granite counter tops and stainless appliances provides ample space for entertaining family or friends. Residents will enjoy exclusive access to an oceanfront pool, perfect for leisurely days soaking up the sun or cooling off with a refreshing swim. The property's prime location also places you moments away from the quaint Ocean Isle Beach pier, ideal for evening strolls or fishing excursions. Beyond the comfort of your condo, Ocean Isle Beach offers a variety of nearby attractions. Indulge in local cuisine at a host of restaurants, explore boutique shops, ice cream parlors, arcade, mini golf or take part in vibrant community events at the newly renovated park.This condo not only promises a tranquil coastal lifestyle but also presents a lucrative opportunity for rental income, appealing to both long-term residents and seasonal visitors. Don't miss out on the chance to make this oceanfront haven your new home or a profitable investment. Experience oceanfront living at its most elegant at 42 E 1st St, where every day feels like a vacation. Welcome to your dream coastal retreat in Ocean Isle Beach, North Carolina.

Last Agent to Sell the Property

The Cheek Team

Keller Williams Innovate-OIB Island Listed on: 06/21/2024

Keller Williams Innovate-OIB Island

Last Buyer's Agent

Wyndi Gundrum

Coldwell Banker Sloane Realty OIB License #203068

Coldwell Banker Sloane Realty OIB

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • End Unit
  • Irrigation

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Blinds
  • Dining Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Tandem Parking
  • Shared Driveway
  • On-Site Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 257da00104

Community Details

Overview

  • Roof Maintained by HOA
  • Island Club HOA, Phone Number (704) 252-1416
  • Island Club Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • Security Lighting
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: End Unit, One
  • Year Built: 1983
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-in Shower, Solid Surface, Furnished, Pantry, Kitchen Island, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 563.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1420.00
  • Total Heated Primary Separate Sq Ft: 1420.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower, Security Lighting
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Raised
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: Tandem
  • Parking Driveway: On Site, Shared

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Fireplace Insert, Heat Pump, Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Beach Access, Roof, Termite Bond, See Remarks, Security, Pest Control, Picnic Area, Maint - Comm Areas, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Flood Insurance, Cable
  • HOAAssociationFee1Year: 6000.00
  • HOAAssociationName: Island Club HOA
  • HOAAssociationPhone: 7042521416

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 837.00
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Plat Book: 2
  • Plat Page: 94-102
  • Special Assessments: insurance assessment paid
  • Zoning: OI-R1
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 257da00104
  • Tax Year: 2023
  • Total City Real Estate Property Tax: 1987.00

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte Middle
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 29, 2024
Sold by
Finnegan Timothy C and Finnegan Misty
Bought by
Novak Monique Saunders and Novak Andrew P
Seller's Agent
The Cheek Team
Keller Williams Innovate-OIB Island
Buyer's Agent
Wyndi Gundrum
Coldwell Banker Sloane Realty OIB
List Price
$799,900
Sold Price
$850,000
Premium/Discount to List
$50,100
6.26%
Views
28
Current Estimated Value
$708,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,369
Avg. Annual Appreciation
-14.40%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Burrus Russell Alan and Burrus Melissa S
Bought by
Finnegan Misty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Hughes Andrew Daniel
Bought by
Burrus Russell Alan

Purchase Details

Closed on
Sep 7, 2005
Sold by
Hughes Andrew Daniel
Bought by
Burrus Russell Alan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Novak Monique Saunders $850,000 None Listed On Document
Finnegan Misty $452,500 None Available
Burrus Russell Alan $1,000 None Available
Burrus Russell Alan $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finnegan Misty $387,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $850,000 +6.3% $599 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $799,900 -- $563 / 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 -- $557,310 $0 $557,310
2024 $2,211 $557,310 $0 $557,310
2023 $2,453 $557,310 $0 $557,310
2022 $2,453 $442,380 $0 $442,380
2021 $2,453 $442,380 $0 $442,380
2020 $2,435 $442,380 $0 $442,380
2019 $2,422 $0 $0 $0
2018 $2,366 $0 $0 $0
2017 $2,322 $0 $0 $0
2016 $2,297 $0 $0 $0
2015 $2,297 $431,500 $0 $431,500
2014 $2,040 $417,520 $0 $417,520
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100451875

Hive MLS

APN: 257DA00104