NOT LISTED FOR SALE

447 E Second St Unit 1 Ocean Isle Beach, NC 28469

Estimated Value: $464,993 - $572,000

2 Beds
2 Baths
968 Sq Ft
$480/mo HOA Fee

Last Sold November 16, 2022

Last sale price $430,000 $444 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,336/month

22 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • End Unit
  • Union Elementary School Rated A-
  • Ocean Side of Freeway
  • 1-minute walk to Ferry Landing Park

About This Home

As of November 2022

Welcome to Sand Dwellers I Unit #1, offering MILLION DOLLAR OCEANFRONT VIEWS from ''The End of the Road'' on the East End of Ocean Isle Beach with expansive beach out front & seven-figure homes out back. This FIRST FLOOR condo affords fantastic OCEAN VIEWS overlooking what may be the most-protected beachfront in Brunswick County. NEW IN 2022-A TERMINAL GROIN & A BRAND NEW BEACH!!! OIB Named a BEST RESTORED BEACH of 2022 by the American Shore and Beach Preservation Association. NEW Since 2018 are Exterior Siding, Windows & Doors, New Composite Decking & Stair Treads, Powder Coated Railings, BAM! NEW ROOF in 2019! This unit is offered turnkey, furnished with minimal exceptions of personal memorabilia. Owners at Sand Dwellers I enjoy an oceanfront swimming pool & firepit as well as public beach access just steps away at Shallotte Avenue-BUT PLEASE, we beg of y'all, STAY OFF THE DUNES/SANDBAGS & out of the new seagrass. Picturesque Location with Phenomenal Views. Sunrises from this balcony are EXTRAORDINARY! Call today, this shan't last long; the latest opportunities have sold quickly! Hands down this is The BEST VALUE on an oceanfront condo in Brunswick County at almost $85/ft less than current offerings and $70/ft+ less than current sold comps. The risk & history are baked in, the value is here, come take advantage...on the ''East End.'' Five units recently sold across SDI & II. Simply a ''Passing of the Torch'' from longtime owners of a piece of paradise that is saddening to walk away from while yet very happy for others' enjoyment! Visit Town of OIB website for detailed info re: Terminal Groin, Beach Renourishment, Sand Dune Replacement and more. Conventional Financing Available. This offering comes with a One-Year Home Warranty for the buyer as well as a great little oceanfront patio just below the unit.

Last Agent to Sell the Property

Jimmie Pendergrass

Coldwell Banker Sea Coast Advantage License #212376 Listed on: 09/02/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Traci Wallace

Howard Hanna Allen Tate License #320833

Howard Hanna Allen Tate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $480 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Unpaved Parking
  • On-Site Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Ocean Side of Freeway
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 1
  • Assessor Parcel Number 244la02101

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Sand Dwellers Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,081

Year Built

Built in 1980

Lot Details

0

HOA Fees

$480 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 988.00
  • Directions To Property: Onto OIB to first left onto East Second St. Follow to the end and around the block to building closest to Shallotte Boulevard.
  • Document Count: 1
  • Elementary School: Union
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • High School: West Brunswick
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Community Pool, Flood Insurance, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Picnic Area, Roof, Storage, Taxes
  • Listing I D: 100347458
  • List Priceper Sq Ft: 453.51
  • Location Type: Island
  • Lot Description: See Remarks
  • Lot Number: 1
  • Lot Water Features: Ocean Side
  • Marketing City: Ocean Isle Beach
  • Middle School: Shallotte
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Covered, Open, Porch, See Remarks
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, No Frontage, Paved, Public (City/Cty/St), See Remarks
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: None Known
  • Sq Ft Heated: 968.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, End Unit, Two
  • Subdivision: Sand Dwellers
  • Tax Identifier: 244la02101
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 350.00
  • Total Real Estate Property Taxes: 1081.01
  • Total Heated Primary Separate Sq Ft: 968.00
  • Waterview: Yes
  • Year Built: 1980
  • Zoning: Residential
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • H O A Association Fee1 Year: 5760.00
  • H O A H O A1 Mgmt Company: CAM
  • Home Warranty Company: 2-10
  • Home Warranty Amount: 750.00
  • Home Warranty Termite: Home Warranty/Seller
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Security Lighting, Storm Doors
  • Exterior Finish: Composition, Fiber Cement
  • On Site Pool Spa: In Ground
  • Roof: See Remarks, Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Gravel, Off Street, On Site, Parking Lot, Unpaved

Utilities

  • Heated Sq Ft: 800 - 999
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 8, 2022
Sold by
Haskins James T and Haskins Ernestine M
Bought by
Holt David and Holt Lynn
Seller's Agent
Jimmie Pendergrass
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Traci Wallace
Howard Hanna Allen Tate
List Price
$439,000
Sold Price
$430,000
Premium/Discount to List
-$9,000
-2.05%
Views
127
Current Estimated Value
$521,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,498
Avg. Annual Appreciation
6.30%
Original Mortgage
$322,500
Outstanding Balance
$308,378
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$213,120

Purchase Details

Closed on
Oct 1, 2002
Bought by
Haskins James T and Haskins Ernestine M
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 Buyer Sale Price Title Company
Holt David $430,000 --
Haskins James T $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt David $322,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2022 11/16/22 Sold $430,000 -2.1% $444 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $439,000 -- $454 / 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 $1,552 $424,650 $0 $424,650
2024 $16 $424,650 $0 $424,650
2023 $1,081 $424,650 $0 $424,650
2022 $1,081 $202,270 $0 $202,270
2021 $1,081 $202,270 $0 $202,270
2020 $1,072 $202,270 $0 $202,270
2019 $1,065 $0 $0 $0
2018 $875 $0 $0 $0
2017 $853 $0 $0 $0
2016 $840 $0 $0 $0
2015 $840 $162,950 $0 $162,950
2014 $576 $118,810 $0 $118,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100347458

Hive MLS

APN: 244LA02101