NOT LISTED FOR SALE

45 Ocean Isle Blvd W Unit 3 Ocean Isle Beach, NC 28469

Estimated Value: $531,100 - $588,000

3 Beds
2 Baths
1,031 Sq Ft
$743/mo HOA Fee

Last Sold February 18, 2020

Last sale price $320,000 $310 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,070/month

6 Days on Market

Highlights

  • Ocean Front
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Union Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of February 2020

Welcome to the West End of Ocean Isle Beach! Stunning sunsets! Magnificent Ocean Views! Amazing opportunity for an OCEANFRONT condo with exterior renovations complete. Lots of new in this turnkey condo. HOA dues cover water, sewer, trash, wind/hail, flood insurance, basic cable TV, maintenance and community pool. Assessment PAID and ready to be enjoyed by new owner. Solid rental income history and booked for 2020!

Last Agent to Sell the Property

Tracy Swanson

Swanson Realty-Brunswick County License #237678 Listed on: 01/06/2020

Last Buyer's Agent

Joan Elder

Keller Williams Innovate-OIB Mainland License #286488

Keller Williams Innovate-OIB Mainland

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1984

Lot Details

  • Ocean Front
  • End Unit
  • Dunes

HOA Fees

  • $743 Monthly HOA Fees

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,031 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Deck
  • Covered patio or porch
  • Outdoor Storage

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 257id011

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Ocean Side West Ii Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,866

Year Built

Built in 1984

Lot Details

0

HOA Fees

$743 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, End Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Kitchen, Hookup - Washer
  • List Price per Sq Ft: 315.23
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1031.00
  • Total Heated Primary Separate Sq Ft: 1031.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Composition
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: parking lot
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Pest Control, Water, Trash, Termite Bond, Taxes, Street Lights, Storage, Sewer, Roof, Picnic Area, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 8916.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 770.00
  • Lot Description: Dunes
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Plat Book: 2
  • Plat Page: 185-191
  • Special Assessments: 18,617.80
  • Zoning: OI C1
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Annual Gross Rental Income Collected: 243252019

Tax Info

  • Tax Identifier: 257id011
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 18, 2020
Sold by
Horizons Of Oib Llc
Bought by
Hill Mark Jay and Hill Beverly Thorndyke
Seller's Agent
Tracy Swanson
Swanson Realty-Brunswick County
Buyer's Agent
Joan Elder
Keller Williams Innovate-OIB Mainland
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Total Days on Market
6
Current Estimated Value
$564,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,775
Avg. Annual Appreciation
11.31%
Original Mortgage
$250,000
Outstanding Balance
$224,168
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$340,607

Purchase Details

Closed on
Jun 29, 2017
Sold by
Coy Kelly Lee
Bought by
Horzons Of O B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2017
Sold by
Mcpeak Mark A and Mcpeak Diana Lynne
Bought by
Coy Kelly Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2009
Sold by
Que No Properties Llc
Bought by
Mcpeak Mark A and Mcpeak Dianne Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
5.19%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Hill Mark Jay $320,000 None Available
Horzons Of O B Llc -- None Available
Coy Kelly Lee $294,500 None Available
Mcpeak Mark A $337,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Mark Jay $250,000
Previous Owner Coy Kelly Lee $231,900
Previous Owner Mcpeak Mark A $213,500
Previous Owner Mcpeak Mark A $223,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $320,000 -1.5% $310 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $325,000 -- $315 / 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
2024 $1,866 $464,840 $0 $464,840
2023 $1,675 $464,840 $0 $464,840
2022 $1,675 $293,700 $0 $293,700
2021 $1,675 $293,700 $0 $293,700
2020 $1,678 $293,700 $0 $293,700
2019 $1,664 $0 $0 $0
2018 $1,486 $0 $0 $0
2017 $1,442 $0 $0 $0
2016 $1,417 $0 $0 $0
2015 $1,417 $258,680 $0 $258,680
2014 $1,422 $284,550 $0 $284,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100198345

Hive MLS

APN: 257ID011