NOT LISTED FOR SALE

429 E Second St Ocean Isle Beach, NC 28469

Estimated Value: $917,000 - $1,403,000

4 Beds
4 Baths
1,801 Sq Ft
$651/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $560,000 $311 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,595/month

50 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • No HOA
  • Union Elementary School Rated A-
  • Furnished
  • 4-minute walk to Ferry Landing Park

About This Home

As of August 2014

Another day in a big new (May 2014) beautiful beach house.Take laps in your private oversized pool or walk across street to enjoy a wide new white sandy beach. Sit on the large front porch and stare at the expansive views of the Atlantic. Stay inside and enjoy the upgrades not found in many beach houses. Custom builtins like the large window seat or the beaded bedroom headboards. The kitchen features blue chevron glass tile walls above the white quartz countertop, soft close white cabinets, and a freestanding vented range hood. Enjoy low maintenance beaded board wainscoating and ceramic tile floors that will remind you of weathered driftwood. The ceiling heigths are nine foot on both floors, two masters, and a unique bunkie nook increases sleeping beds to 15 people. There are 4 full baths.

Last Agent to Sell the Property

Bill Bright

Bright Realty LLC License #40631 Listed on: 06/29/2014

Last Buyer's Agent

Tina Cox

Margaret Rudd & Associates, Inc./OIB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,116

Lot Details

  • 500 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Property is zoned OI-R-1

Home Design

  • Shingle Roof
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,801 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 108514248146

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,116

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: See Remarks
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories Levels: Two
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Furnished, Ceiling Fan(s), Blinds/Shades
  • List Price per Sq Ft: 330.37
  • Master Bedroom Level: N/A
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 1801.00
  • Total Heated Primary Separate Sq Ft: 1801.00

Exterior Features

  • Exterior Finish: See Remarks
  • Foundation: Pilings
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved
  • Roof: Metal, Shingle
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Appliances Equipment: Dishwasher, Vent Hood, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 326.00
  • Lot Acres: 0.01
  • Lot Dimensions: 50X100
  • Lot Number: 8
  • Lot Sq Ft: 500.00
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 108514248146
  • Tax Year: 2013
  • Total City Real Estate Property Tax: 1116.00
  • Total Real Estate Property Taxes: 1116.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2014
Closed on
Aug 14, 2014
Sold by
Bright Builders Llc
Bought by
Larkin Jill Marie
Seller's Agent
Bill Bright
Bright Realty LLC
Buyer's Agent
Tina Cox
Margaret Rudd & Associates, Inc./OIB
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Current Estimated Value
$1,172,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$612,531
Avg. Annual Appreciation
6.90%
Original Mortgage
$417,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2012
Closed on
Aug 9, 2013
Sold by
Branch Banking & Trust Co
Bought by
Bright Builders Llc
Seller's Agent
Linda Register
Intracoastal Realty
Buyer's Agent
William Bright
Williamson Realty, Inc.
List Price
$139,900
Sold Price
$84,750
Premium/Discount to List
-$55,150
-39.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
548.53%
Original Mortgage
$300,000
Interest Rate
4.53%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 11, 2011
Sold by
Swedberg Daniel L and Swedberg Deborah K
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Apr 20, 2005
Sold by
Ocean Isle Developing Co
Bought by
Swedberg Daniel and Swedberg Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.79%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Larkin Jill Marie $560,000 None Available
Bright Builders Llc $85,000 None Available
Branch Banking & Trust Company $148,000 None Available
Swedberg Daniel $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larkin Jill Marie $147,000
Closed Larkin Jill Marie $241,000
Open Larkin Jill Marie $417,000
Closed Larkin Jill Marie $417,000
Previous Owner Bright Builders Llc $300,000
Previous Owner Swedberg Daniel I $424,024
Previous Owner Swedberg Daniel $725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2014 08/18/14 Sold $560,000 -5.9% $311 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
06/29/2014 06/29/14 For Sale $595,000 +602.1% $330 / Sq Ft
08/16/2013 08/16/13 Sold $84,750 -39.4% $47 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
09/02/2012 09/02/12 For Sale $139,900 -- $78 / 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 -- $839,390 $281,250 $558,140
2024 $3,071 $839,390 $281,250 $558,140
2023 $2,783 $839,390 $281,250 $558,140
2022 $2,783 $532,660 $150,000 $382,660
2021 $2,783 $532,660 $150,000 $382,660
2020 $2,766 $532,660 $150,000 $382,660
2019 $2,752 $177,730 $150,000 $27,730
2018 $2,663 $181,650 $150,000 $31,650
2017 $2,620 $181,650 $150,000 $31,650
2016 $2,595 $181,650 $150,000 $31,650
2015 $2,595 $514,370 $150,000 $364,370
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: 20684491

Hive MLS

APN: 244LA003