NOT LISTED FOR SALE

425 E Third St Ocean Isle Beach, NC 28469

Estimated Value: $1,174,000 - $1,710,000

0.11 Acre
$12,845,745 Price per Acre
5,000 Sq Ft Lot

Last Sold February 09, 2017

Last sale price $105,000

Est. 1,246% increase in value since last sale

Current estimated payment $7,643/month

897 Days on Market

About This Lot

As of February 2017

Location, Location, Location!Build your Island dream getaway! Be within steps of the beach, Island Ferry Park & the Intracoastal Waterway located at the end of Shallotte Boulevard. Excellent possibility for a permanent home, a second home or income producing vacation rental, as well. Buy and Build Today!!

Last Agent to Sell the Property

Cherri Cheek

Ocean Isle Beach Realty, Inc. Listed on: 08/04/2014

Co-Listed By

Larry Cheek

Resort Brokerage & Consulting

Last Buyer's Agent

Cheryle Cheek

Resort Brokerage & Consulting

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $817

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Cleared Lot
  • Property is zoned OI-R-1

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 244lb02407

Property Details

Property Type

Land

Est. Annual Taxes

$817

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 817.00
  • Waterview: No
  • Buildigson Property: None
  • List Priceper Acre: 1045454.55
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No

Utilities

  • Fuel Tank: None

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 3603
  • Deed Page: 1184.00
  • Lot Dimensions: 50X100
  • Lot Sq Ft: 5000.00
  • Zoning: OI-R-1
  • Acres: 0.11
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: Yes
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Rental Info

  • Appointment Contact: Vacant Lot - Show anytime. OIB

Tax Info

  • Tax Identifier: 244lb02407
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 225.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Feb 1, 2017
Sold by
Oib East Dw Llc
Bought by
Cdr Nc Holdings Llc
Seller's Agent
Cherri Cheek
Ocean Isle Beach Realty, Inc.
Buyer's Agent
Cheryle Cheek
Resort Brokerage & Consulting
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Current Estimated Value
$1,413,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,308,032
Avg. Annual Appreciation
33.66%

Purchase Details

Closed on
Jan 9, 2015
Sold by
Williamson Decarol and Fletcher George L
Bought by
Oib East Dw Llc

Purchase Details

Closed on
Sep 30, 2014
Sold by
Oi Investment Properties Llc
Bought by
Dw Oi Investment Llc

Purchase Details

Closed on
Dec 27, 2013
Sold by
Ocean Isle Investment Co
Bought by
Dw Oi Investment Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cdr Nc Holdings Llc $105,000 None Available
Oib East Dw Llc $695,500 None Available
Williamson Decarol -- None Available
Dw Oi Investment Llc -- None Available
Dw Oi Investment Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2017 02/09/17 Sold $105,000 -8.7% --
01/17/2017 01/17/17 Pending -- -- --
08/04/2014 08/04/14 For Sale $115,000 -- --
Source: Hive MLS

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 $3,571 $922,510 $250,000 $672,510
2024 $36 $922,510 $250,000 $672,510
2023 $3,065 $922,510 $250,000 $672,510
2022 $3,065 $544,550 $150,000 $394,550
2021 $3,041 $544,550 $150,000 $394,550
2020 $3,006 $544,550 $150,000 $394,550
2019 $2,979 $150,000 $150,000 $0
2018 $2,727 $492,780 $120,000 $372,780
2017 $595 $120,000 $120,000 $0
2016 $592 $120,000 $120,000 $0
2015 $592 $120,000 $120,000 $0
2014 $453 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20685406

Hive MLS

APN: 244LB02407