NOT LISTED FOR SALE

5 Raleigh St Ocean Isle Beach, NC 28469

Estimated Value: $3,219,000 - $3,316,861

0.24 Acre
$13,616,379 Price per Acre
10,454 Sq Ft Lot

Last Sold March 12, 2019

Last sale price $240,000

Est. 1,262% increase in value since last sale

Current estimated payment $17,995/month

432 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Trails
  • Union Elementary School Rated A-
  • Cul-De-Sac
  • Property fronts a marsh

About This Lot

As of March 2019

Looking for a getaway or a place to put your dream home this is your lot.Great Investment Property

Last Agent to Sell the Property

Ladane Williamson

LaDane Corporation License #21476 Listed on: 11/30/2017

Last Buyer's Agent

Ladane Williamson

LaDane Corporation License #21476 Listed on: 11/30/2017

Property Details

Property Type

  • Land

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts a marsh
  • Home fronts a sound
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned r1

HOA Fees

  • $11 Monthly HOA Fees

Property Views

  • Views of a Sound

Schools

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

Listing and Financial Details

  • Tax Lot Lot 48
  • Assessor Parcel Number 244nm012

Community Details

Overview

  • Little Beach Landing Subdivision

Recreation

  • Trails
  • Access to marsh

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Trails
  • HOAAssociationFee1Year: 133.00

Lot Info

  • Deed Page: 1298.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Number: Lot 48
  • Lot Sq Ft: 10454.00
  • Lot Water Features: Salt Marsh, Sound Side
  • Special Assessments: None Known
  • Zoning: r1
  • Acres: 0.24
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1083333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial
  • Lot Number2: Lot 48
  • Lot View Type: Marsh View, Sound View

Tax Info

  • Tax Identifier: 244nm012
  • Tax Year: 2017

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Mar 5, 2019
Sold by
Little Beach Investments Llc
Bought by
Walsh John T and Walsh Rebecca S
Seller's Agent
Ladane Williamson
LaDane Corporation
Buyer's Agent
Ladane Williamson
LaDane Corporation
List Price
$295,000
Sold Price
$240,000
Premium/Discount to List
-$55,000
-18.64%
Current Estimated Value
$3,267,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,027,931
Avg. Annual Appreciation
47.32%

Purchase Details

Closed on
Mar 1, 2014
Bought by
Little Beach Investments Llc
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 Buyer Sale Price Title Company
Walsh John T $240,000 None Available
Little Beach Investments Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2019 03/12/19 Sold $240,000 -18.6% --
02/05/2019 02/05/19 Pending -- -- --
11/30/2017 11/30/17 For Sale $295,000 -- --
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 $9,532 $2,553,330 $495,000 $2,058,330
2024 $9,532 $2,553,330 $495,000 $2,058,330
2023 $8,011 $2,553,330 $495,000 $2,058,330
2022 $8,011 $1,486,750 $208,800 $1,277,950
2021 $3,986 $656,960 $208,800 $448,160
2020 $917 $185,600 $185,600 $0
2019 $917 $185,600 $185,600 $0
2018 $1,057 $214,500 $214,500 $0
2017 $1,053 $214,500 $214,500 $0
2016 $1,050 $214,500 $214,500 $0
2015 $1,050 $214,500 $214,500 $0
2014 $1,116 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Ladane Williamson

    LaDane Corporation

    (919) 471-2515

    20 in this area

    20 Total Sales

    Ladane Williamson
    Section Image
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Map

Source: Hive MLS

MLS Number: 100091591

Hive MLS

APN: 244NM012

North Carolina Brunswick County Ocean Isle Beach 28469

5 Raleigh St, Ocean Isle Beach, NC

Not Listed for Sale

Lots

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