NOT LISTED FOR SALE

432 E Third St Ocean Isle Beach, NC 28469

Estimated Value: $1,191,000 - $1,534,000

5 Beds
5 Baths
2,480 Sq Ft
$575/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $866,463 $349 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,305/month

31 Days on Market

Highlights

  • Water Views
  • 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 January 2022

GREAT INVESTMENT OPPORTUNITY. This impressive to-be-built home is located on the Island of Ocean Isle Beach. Many great features to enjoy including 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. Great Location! Convenient to walking trails along the marsh, beach access, public parks, boat launch, local shopping, restaurants and more. Call today for more information.

Last Listed By

Laura Hewett

Carolina Elite Properties LHR License #189642 Listed on: 03/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,146

Year Built

  • Built in 2021

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 55'x96'x55'x96'
  • 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

  • 2,480 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 159
  • Assessor Parcel Number 244nl060

Community Details

Overview

  • Little Beach Landing Subdivision
  • Maintained Community

Recreation

  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,146

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, Solid Surface, Elevator, Ceiling Fan(s)
  • List Price per Sq Ft: 342.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Sq Ft Heated: 2480.00
  • Total Heated Primary Separate Sq Ft: 2480.00

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
  • Waterview: Yes

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: 766.00
  • Lot Acres: 0.12
  • Lot Dimensions: 55'x96'x55'x96'
  • Lot Number: 159
  • Lot Sq Ft: 5227.00
  • Plat Book: 81
  • Plat Page: 68
  • Special Assessments: None Known
  • Zoning: R1
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 244nl060
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Jan 5, 2021
Sold by
Oib East Dw Llc
Bought by
432 Third Llc
Seller's Agent
The Cheek 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%
Total Days on Market
31
Current Estimated Value
$1,426,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,269,400
Avg. Annual Appreciation
66.55%
Original Mortgage
$600,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

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

Range of Values:

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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
432 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
Closed 432 Third Llc $649,500
Closed 432 Third Llc $600,000
Previous Owner Oib East Dw Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $866,463 +2.1% $349 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $849,000 +439.0% $342 / Sq Ft
01/25/2021 01/25/21 Sold $157,500 -10.0% --
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
2024 $4,146 $1,095,230 $250,000 $845,230
2023 $3,285 $1,095,230 $250,000 $845,230
2022 $748 $594,940 $150,000 $444,940
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: 100260118

Hive MLS

APN: 244NL060