NOT LISTED FOR SALE

461 E Third St Ocean Isle Beach, NC 28469

Estimated Value: $746,063 - $1,530,000

4 Beds
2 Baths
1,200 Sq Ft
$913/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $299,000 $249 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $5,932/month

166 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Union Elementary School Rated A-
  • Vaulted Ceiling
  • 3-minute walk to Ferry Landing Park

About This Home

As of September 2019

This sweet little 4 BR, 2 bath beach cottage with amazing views of the Atlantic Ocean and the Shallotte Inlet has been a beloved second home to one family for over 20 years. It is second row with totally unobstructed breathtaking ocean views and is only 250 feet to the beach access. The nicely appointed interior offers all of comforts of a classic beach home and is move-in ready. Even though the home is in an area where erosion has occurred the current owner maintains all home and flood insurance and the flood insurance is assumable ($538 per year). However the Town of OIB has deemed this lot unbuildable at present which means a loan is not possible. Call today to see this affordable gem because it is cute as a button inside and... oh that view! No low offers please.

Last Agent to Sell the Property

Martha Pope

Pope Real Estate License #69118 Listed on: 02/03/2019

Last Buyer's Agent

Ann McEachern

Henry & Company Real Estate License #282470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1979

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is zoned OI-R-1

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Laundry in Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Off-Street Parking

Accessible Home Design

  • Accessible Bathroom

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 244lh016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,635

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Handicap Accessible: Bathroom
  • List Priceper Sq Ft: 249.17
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 2634.86
  • Waterview: Yes
  • Year Built: 1979
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Master, Pantry, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Basement
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1200.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1200.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Open, Deck
  • Road Type Frontage: Public (City/Cty/St), See Remarks
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Carport, Off Street

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks

Lot Info

  • Cobra Zone: No
  • Deed Page: 342.00
  • Lot Acres: 0.12
  • Lot Dimensions: 50 x 100
  • Lot Number: 5
  • Lot Sq Ft: 5227.00
  • Lot Water Features: Second Row
  • Zoning: OI-R-1

Tax Info

  • Tax Identifier: 244lh016
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 699.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2019
Closed on
Aug 20, 2019
Sold by
Best Carolyn Lucas and Best Douglas B
Bought by
Vogt Myra C
Seller's Agent
Martha Pope
Pope Real Estate
Buyer's Agent
Ann McEachern
Henry & Company Real Estate
List Price
$379,000
Sold Price
$299,000
Premium/Discount to List
-$80,000
-21.11%
Current Estimated Value
$1,087,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,030
Avg. Annual Appreciation
22.69%

Purchase Details

Closed on
Dec 1, 1994
Bought by
Lucas Carolyn T
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
Vogt Myra C $299,000 None Available
Lucas Carolyn T $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $299,000 -21.1% $249 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
02/03/2019 02/03/19 For Sale $379,000 -- $316 / Sq Ft
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
2025 $1,971 $517,770 $270,000 $247,770
2024 $20 $517,770 $270,000 $247,770
2023 $2,057 $517,770 $270,000 $247,770
2022 $0 $382,820 $234,000 $148,820
2021 $0 $382,820 $234,000 $148,820
2020 $2,039 $382,820 $234,000 $148,820
2019 $2,025 $234,000 $234,000 $0
2018 $1,979 $373,260 $234,000 $139,260
2017 $1,935 $234,000 $234,000 $0
2016 $1,910 $234,000 $234,000 $0
2015 $1,910 $373,260 $234,000 $139,260
2014 $1,706 $363,010 $250,000 $113,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100148700

Hive MLS

APN: 244LH016