$157,500
SOLD JAN 25, 2021

432 E Third St Ocean Isle Beach, NC 28469

0.12 Acre
$1,312,500 Price per Acre
5,293 Sq Ft Lot

Recently Sold

10% Below List Price

87 Days on Market

Highlights

  • Water Views
  • Trails
  • Maintained Community
  • Union Elementary School Rated A-
  • Level Lot
  • 3-minute walk to Ferry Landing Park

About This Lot

As of January 2022

FANTASTIC OPPORTUNITY to purchase land on the island of Ocean Isle Beach. Little Beach Landing is nestled in a quiet section of the island. Build your dream home for permanent living, a second home or an investment opportunity. Enjoy nature walkways along the marsh while being just a short walk to the sandy beach of Ocean Isle.

Last Agent to Sell the Property

The Cheek Team

Keller Williams Innovate-OIB Mainland

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

Wanda Tate

Jessie & Myers Construction Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,146

Year Built

  • 2021

Lot Details

  • 5,293 Sq Ft Lot
  • Lot Dimensions are 55x96x55x97
  • Level Lot
  • Cleared Lot
  • Property is zoned OI-R-1

HOA Fees

  • $11 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 159
  • Assessor Parcel Number 244nl060

Community Details

Overview

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

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$4,146

Year Built

2021

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 55

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Mgmt Fee, Tax Comm Areas, Trails
  • Annual HOA: 133.00
  • HOA Company: Little Beach Landing
  • HOA Phone: 910-251-8543

Lot Info

  • Deed Book: 4407
  • Deed Page: 354.00
  • Lot Description: Subdivision
  • Lot Dimensions: 55x96x55x97
  • Lot Number: 159
  • Lot Sq Ft: 5293.00
  • Plat Book: 81
  • Plat Page: 68
  • Zoning: OI-R-1
  • Acres: 0.12
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1458333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 159

Tax Info

  • Tax Identifier: 244nl060
  • Tax Year: 2019

MLS Schools

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

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
87
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

Map

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
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
Closed $649,500 Commercial
Closed $600,000 Purchase Money Mortgage
Previous Owner $2,400,000 Purchase Money Mortgage
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

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

About the Listing Agent

The Cheek Team

The Cheek Team

Keller Williams Innovate-OIB Mainland

(910) 477-4554

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The Cheek Team is a boutique brokerage specializing in selling coastal homes across North Carolina and South Carolina. With over 30 years of experience, our dedicated real estate professionals take pride in building lasting relationships and working relentlessly on behalf of our clients. Whether you're buying or selling, we are committed to making the process seamless and successful. Explore our exclusive Southeastern North Carolina real estate search tools, or reach out to us directly—we’re

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Source: Hive MLS

MLS Number: 100229856

Hive MLS

APN: 244NL060