NOT LISTED FOR SALE

50 Private Dr Ocean Isle Beach, NC 28469

Estimated Value: $937,000 - $1,093,000

5 Beds
5 Baths
1,901 Sq Ft
$522/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $540,000 $284 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,652/month

4 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Furnished
  • Union Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of October 2020

This captivating beach cottage welcomes you the minute you step onto the spacious porch. Once inside, it's apparent from the mint condition of this beauty that it has never been rented. Seaside inspired decor captures island living. A wall of attractive arched transom windows fill the living room with light. Rich hardwood flooring flows through the living room, up the stairs and all 5 bedrooms. Surround sound fills the living area as you cozy up to the fireplace on chilly nights. The kitchen is outfitted with white cabinetry, under cabinet lighting, ceramic tile backsplash, new French door refrigerator, under counter ice maker, and base cabinet floor lighting to provide illumination at night. The large dining area accommodates a crowd and the center island adds functionality by way of additional prep space and seating. All five bedrooms are en suite with two bedrooms on the first floor and three on the second level. The master bedroom on the second floor features a private covered deck. This impressive home comes completely furnished with plenty of storage space, full size washer and dryer, outdoor shower and a gas firepit in the backyard. Summer Place offers a pool and is directly across from beach access. There's a reason people come to Ocean Isle Beach and this is it.

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 08/26/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 08/26/2020

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 2002

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 33x102x80x115
  • Property is zoned OI-R-1

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 257fm014

Community Details

Overview

  • Summer Place Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,834

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 per month

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: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Walk-in Shower, Furnished, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • List Price per Sq Ft: 292.43
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Sq Ft Heated: 1901.00
  • Total Heated Primary Separate Sq Ft: 1901.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Management
  • HOAAssociationFee1Year: 100.00

Lot Info

  • Deed Page: 1068.00
  • Lot Acres: 0.13
  • Lot Dimensions: 33x102x80x115
  • Lot Sq Ft: 5663.00
  • Plat Book: Z
  • Plat Page: 148
  • Zoning: OI-R-1

Tax Info

  • Tax Identifier: 257fm014
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Oct 13, 2020
Sold by
Lapeza Julia S
Bought by
Mabry H Lee H and Mabry Sidney T
Seller's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
List Price
$555,900
Sold Price
$540,000
Premium/Discount to List
-$15,900
-2.86%
Current Estimated Value
$992,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,527
Avg. Annual Appreciation
13.06%
Original Mortgage
$250,000
Outstanding Balance
$225,159
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$755,452

Purchase Details

Closed on
Jun 27, 2005
Sold by
Mccleaf Gregory A and Mccleaf Debra L
Bought by
Lapeza Julia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Mabry H Lee H $540,000 None Available
Lapeza Julia S $730,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mabry H Lee H $250,000
Previous Owner Lapeza Julia S $350,400
Previous Owner Lapeza Julia S $400,000
Previous Owner Lapeza Julia S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $540,000 -2.9% $284 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $555,900 -- $292 / 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 $2,834 $770,260 $280,000 $490,260
2023 $2,834 $770,260 $280,000 $490,260
2022 $2,360 $445,260 $150,000 $295,260
2021 $2,360 $445,260 $150,000 $295,260
2020 $2,342 $445,260 $150,000 $295,260
2019 $2,328 $150,000 $150,000 $0
2018 $2,039 $385,680 $120,000 $265,680
2017 $1,996 $120,000 $120,000 $0
2016 $1,971 $120,000 $120,000 $0
2015 $1,971 $385,680 $120,000 $265,680
2014 $2,048 $440,120 $250,000 $190,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100233678

Hive MLS

APN: 257FM014