$1,410,000
SOLD FEB 28, 2025

428 E Third St Ocean Isle Beach, NC 28469

5 Beds
5 Baths
2,492 Sq Ft
5,271 Sq Ft Lot

Recently Sold

$566 Per Sq Ft

6% Below List Price

254 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Deck
  • 3-minute walk to Ferry Landing Park

About This Home

As of February 2025

Appraisal Just Completed, the home appraised for $1.5M. Instant Equity for any buyer looking for an incredible turn key beach home investment!! This home is practically brand new and has wonderful ocean views!! This home features 5 bedrooms, 5 bathrooms, open floor plan, spacious decks for entertaining, an elevator, a heated swimming pool, two living areas and sooo much more!! This home is being sold fully furnished top to bottom with everything!! You are literally seconds away from the beach access at Durham Street and you overlook the ocean from your back porch!! This home is designed to be very maintenance free so your property will look just as good as it does today as it will many years from now...the yard is also set up to be very maintenance free so if you choose to own this property as a second home or an investment property, the yard will look the same no matter how long you are away. The layout is very functional and works for any homeowners wants/needs. All of the rooms are very spacious, there are two living rooms (one on each level), the elevator gives you access to all floors and again so many more features come with this property. Come relax and spend your days here at the pool at this incredible turn key, beach investment opportunity at OIB; one of the finest beaches you will ever come across!!

Last Agent to Sell the Property

Baxter Cheek

Keller Williams Innovate-OIB Mainland License #262683 Listed on: 04/05/2024

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

Sarah Harris

Intracoastal Realty

Intracoastal Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 5,271 Sq Ft Lot
  • Lot Dimensions are 55x96x55x96
  • Fenced Yard
  • Vinyl Fence

HOA Fees

  • $12 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Parking

  • Covered Parking
  • Gravel Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Deck
  • Open Patio
  • 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 244nl058

Community Details

Overview

  • Little Beach Landing Association, Phone Number (910) 251-8543
  • Little Beach Landing Subdivision
  • Maintained Community

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$12 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: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Solid Surface, Smoke Detectors, Elevator, Kitchen Island, Furnished, Foyer, Ceiling Fan(s)
  • List Price per Sq Ft: 593.50
  • 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 Finish: Vinyl Siding
  • Fencing: Back Yard, Vinyl
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Deck, Open, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Covered, See Remarks, Off Street, Gravel

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: Maint - Comm Areas, Trail(s)
  • HOAAssociationFee1Year: 145.00
  • HOAAssociationName: Little Beach Landing
  • HOAAssociationPhone: 9102518543

Lot Info

  • Deed Page: 386.00
  • Lot Acres: 0.12
  • Lot Dimensions: 55x96x55x96
  • Lot Sq Ft: 5271.00
  • Lot Water Features: Third Row
  • Zoning: RES
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 244nl058
  • Tax Year: 2023

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
Apr 5, 2024
Closed on
Feb 25, 2025
Sold by
Trebbe Gregory Todd
Bought by
Kruger Walter and Kruger Christy
Seller's Agent
Baxter Cheek
Keller Williams Innovate-OIB Mainland
Buyer's Agent
Sarah Harris
Intracoastal Realty
List Price
$1,500,000
Sold Price
$1,410,000
Premium/Discount to List
-$90,000
-6%
Views
112
Current Estimated Value
$1,489,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,490
Avg. Annual Appreciation
7.01%
Original Mortgage
$1,128,000
Outstanding Balance
$1,122,415
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$367,075

Purchase Details

Listed on
Feb 22, 2021
Closed on
Sep 1, 2021
Sold by
428 Third Llc
Bought by
Trebbe Gregory Todd
Seller's Agent
Laura Hewett
Carolina Elite Properties LHR
Buyer's Agent
Megan Fogel
Keller Williams Innovate-OIB Mainland
List Price
$849,000
Sold Price
$879,000
Premium/Discount to List
$30,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.59%
Original Mortgage
$406,000
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
428 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
954.12%
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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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 Type Sale Price Title Company
Warranty Deed $1,410,000 None Listed On Document
Warranty Deed $879,000 None Available
Warranty Deed $157,500 None Available
Special Warranty Deed $2,400,000 None Available
Special Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,128,000 New Conventional
Previous Owner $406,000 New Conventional
Previous Owner $600,000 Commercial
Previous Owner $2,400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $1,410,000 -4.7% $566 / Sq Ft
12/15/2024 12/15/24 Pending -- -- --
09/22/2024 09/22/24 Price Changed $1,479,000 -0.4% $593 / Sq Ft
08/19/2024 08/19/24 Price Changed $1,485,000 -0.9% $596 / Sq Ft
06/04/2024 06/04/24 Price Changed $1,499,000 -0.1% $602 / Sq Ft
04/05/2024 04/05/24 For Sale $1,500,000 +70.6% $602 / Sq Ft
09/10/2021 09/10/21 Sold $879,000 +3.5% $353 / Sq Ft View Prior Sale
05/21/2021 05/21/21 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 $4,053 $1,068,200 $250,000 $818,200
2024 $4,053 $1,068,200 $250,000 $818,200
2023 $3,465 $1,068,200 $250,000 $818,200
2022 $3,465 $631,870 $150,000 $481,870
2021 $0 $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: 100437159

Hive MLS

APN: 244NL058