$1,000,000
SOLD MAR 10, 2025

478 E Third St Ocean Isle Beach, NC 28469

4 Beds
2 Baths
1,456 Sq Ft
5,184 Sq Ft Lot

Recently Sold

$687 Per Sq Ft

9% Below List Price

4 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • Union Elementary School Rated A-
  • Deck
  • 2-minute walk to Ferry Landing Park

About This Home

As of March 2025

Step into serenity with this stunning 4-bedroom, 2-bathroom home nestled directly on the pristine shores of Ocean Isle Beach. Offering breathtaking ocean views, this property presents a phenomenal opportunity not only as a private residence but also as a high-potential rental property, historically generating over $100,000 in annual rental revenue.As you enter, you're greeted by an inviting open floor plan that seamlessly connects living spaces to the scenic outdoors, perfect for entertaining or relaxing by the sounds of the waves. Each bedroom is comfortably sized, providing personal retreats for family and guests. Need an extra bed? There is a comfortable loft area with a trundle bed. The bathrooms are well-appointed, blending functionality with style.The kitchen is a joy to cook in with modern appliances and ample counter space, ideal for preparing family meals with a view. Step outside onto the expansive deck, an ideal spot for morning coffees or evening cocktails, all while overlooking the Atlantic Ocean.Living here means more than just enjoying a beautiful home; it's about experiencing a lifestyle of leisure and comfort with the beach as your backyard. Ocean Isle Beach community not only offers a tranquil environment but also brings you close to local shops, dining, and recreational activities, ensuring there's always something to explore.This home is an unparalleled choice for those looking to invest in a life of coastal luxury and profitable rental potential. Don't miss out on the chance to own this incredible beachfront gem. Recent renovations include an IBHS Fortified roof in 2021, New Flooring throughout in 2023 and New HVAC in 2024.Currently in the Inlet Hazard Area and deemed non-rebuildable. Contact the town of OIB for more info on Inlet Hazard and Non-rebuild.

Last Agent to Sell the Property

The CheekTeam Team

The Cheek Team Listed on: 01/27/2025

Last Buyer's Agent

Hank Troscianiec & Associates

Keller Williams Innovate-OKI

Keller Williams Innovate-OKI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1981

Lot Details

  • 5,184 Sq Ft Lot
  • Lot Dimensions are 51 x 101
  • Ocean Front
  • Property is zoned Oi-R-1

Home Design

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

Interior Spaces

  • 1,456 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Tandem Parking
  • Dirt Driveway

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Open Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 244lk009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1981
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 755.49
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1456.00
  • Total Heated Primary Separate Sq Ft: 1456.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings, Raised
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: See Remarks, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: Tandem
  • Parking Driveway: Dirt

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Forced Air
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 514.00
  • Lot Acres: 0.12
  • Lot Dimensions: 51 X 101
  • Lot Number: 12
  • Lot Sq Ft: 5184.00
  • Lot Water Features: Ocean Side
  • Zoning: Oi-R-1
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 244lk009
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 1468.37

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Shallotte Middle
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Mar 10, 2025
Sold by
Mcmullan Partners Llc
Bought by
Purkis John D and Krajnovic Sanja
Seller's Agent
The CheekTeam Team
The Cheek Team
Buyer's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
66
Current Estimated Value
$1,027,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,902
Avg. Annual Appreciation
3.50%

Purchase Details

Listed on
Jul 29, 2018
Closed on
Aug 30, 2018
Sold by
Blevins Thomas S and Blevins Mabel S
Bought by
Mcmullan Partners Llc
Seller's Agent
Debbie Smith
Coldwell Banker Sloane Realty OIB
Buyer's Agent
Chris Bryan
Coldwell Banker Sloane
List Price
$125,000
Sold Price
$126,000
Premium/Discount to List
$1,000
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.33%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $1,000,000 None Listed On Document
Warranty Deed $1,000,000 None Listed On Document
Warranty Deed $126,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2025 03/10/25 Sold $1,000,000 -9.1% $687 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $1,100,000 +773.0% $755 / Sq Ft
08/31/2018 08/31/18 Sold $126,000 +0.8% $75 / Sq Ft View Prior Sale
08/02/2018 08/02/18 Pending -- -- --
07/29/2018 07/29/18 For Sale $125,000 -- $74 / 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 $1,468 $360,350 $150,000 $210,350
2024 $1,468 $360,350 $150,000 $210,350
2023 $755 $360,350 $150,000 $210,350
2022 $755 $112,460 $26,000 $86,460
2021 $745 $112,460 $26,000 $86,460
2020 $728 $112,460 $26,000 $86,460
2019 $714 $26,000 $26,000 $0
2018 $311 $58,650 $26,000 $32,650
2017 $267 $26,000 $26,000 $0
2016 $242 $26,000 $26,000 $0
2015 $949 $174,950 $26,000 $148,950
2014 $355 $57,700 $31,250 $26,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100485568

Hive MLS

APN: 244LK009