NOT LISTED FOR SALE

51 E First St Ocean Isle Beach, NC 28469

Estimated Value: $1,090,000 - $1,752,000

5 Beds
5 Baths
2,498 Sq Ft
$613/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $1,615,000 $647 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,956/month

314 Days on Market

Highlights

  • Combination Dining and Living Room
  • Ceiling Fan
  • Heating Available
  • Union Elementary School Rated A-

About This Home

As of August 2024

This home is under construction and nearing completion. The home has been entered into a rental program and will be an amazing rental. Inquire about furnishing package and other additional options. This home can be enrolled a rental program with potential guaranteed income. The location is amazing as you are only steps away from the beach access and within walking distance of everything that Ocean Isle Beach offers including multiple restaurants & bars, ice cream shop, arcade, putt putt course, park, museum, fishing pier and more! This home is going to be a very attractive short term vacation rental with 5 bedrooms and 5 full bathrooms. There will be two living rooms, one on each level and an elevator to access all three levels. The level of detail going in at this house is amazing, there are upgrades everywhere. New construction on the second row is rare, take advantage of this opportunity today! The town is going to build a new, taller fence behind the house. The pool and elevator will be going in soon.

Last Agent to Sell the Property

Seth Barbee

The Saltwater Agency License #280250 Listed on: 07/02/2024

Last Buyer's Agent

Deana Gore

Salt Air Realty LLC License #336174

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 4,792

Home Design

  • Reverse Style Home
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Combination Dining and Living Room

Schools

  • Union Elementary School
  • West Brunswick High School

Additional Features

  • Vinyl Fence
  • Heating Available

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Original List Price: 1630000.00
  • Unit Levels: Three Or More
  • Is New Construction?: No
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 652.52
  • Special Features: NewHome

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: High Ceilings, Ceiling Fan(s), Elevator, Reverse Floor Plan
  • Master Bedroom Level: Primary Living Area
  • Stories: 2
  • Furnished: Unfurnished
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 9
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 5.00
  • Living Area Range: 2400 - 2599

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Vinyl
  • Roof: Shingle
  • Pool Features: In Ground
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront Features: Second Row
  • Waterfront?: No
  • Foundation Details: Other, Slab, Pilings
  • Patio And Porch Features: Deck, Patio, Balcony
  • Pool Spa Features: In Ground

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Gravel, On Site

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Junior High Dist: Brunswick County Schools
  • Middle Or Junior School: Shallotte Middle

Lot Info

  • Deed Book: 4950
  • Deed Page: 620.00
  • Zoning: Res
  • Lot Features: Second Row
  • Lot Size Acres: 0.11
  • Lot Size: 50x100'
  • Lot Size Sq Ft: 4792.00
  • Purchase Contract Date: 2024-07-08
  • Parcel#: 258aa006
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 3
  • Tax Map Number: 179
  • Tax Other Assessment Amount Frequency: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Carlyle Parks David and Davidson Michele
Bought by
Davidson Patricia and Davidson Kevin
Current Estimated Value
$1,531,916

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 28, 2024
Sold by
51 East 1St Llc
Bought by
Miff David Parks
Seller's Agent
Seth Barbee
The Saltwater Agency
Buyer's Agent
Deana Gore
Salt Air Realty LLC
List Price
$1,630,000
Sold Price
$1,615,000
Premium/Discount to List
-$15,000
-0.92%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.55%
Original Mortgage
$1,292,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2023
Sold by
Sand Happens Llc
Bought by
51 East 1St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,069,500
Interest Rate
7.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2022
Sold by
Ditto Investments Llc
Bought by
Sand Happens Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 2018
Sold by
Mas Properties Llc
Bought by
Ditto Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Davidson Patricia $1,094,500 None Listed On Document
Miff David Parks $1,615,000 None Listed On Document
51 East 1St Llc -- None Listed On Document
51 East 1St Llc -- None Listed On Document
Sand Happens Llc $427,500 --
Ditto Investments Llc $135,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miff David Parks $1,292,000
Previous Owner 51 East 1St Llc $1,069,500
Previous Owner Sand Happens Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $1,615,000 -0.9% $647 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $1,630,000 0.0% $653 / Sq Ft
07/02/2024 07/02/24 Off Market $1,630,000 -- --
05/22/2024 05/22/24 Price Changed $1,630,000 -2.7% $653 / Sq Ft
03/05/2024 03/05/24 For Sale $1,675,000 0.0% $671 / Sq Ft
03/02/2024 03/02/24 Off Market $1,675,000 -- --
01/24/2024 01/24/24 Price Changed $1,675,000 +3.1% $671 / Sq Ft
12/22/2023 12/22/23 Price Changed $1,625,000 +12.1% $651 / Sq Ft
10/31/2023 10/31/23 Price Changed $1,450,000 -10.8% $580 / Sq Ft
09/29/2023 09/29/23 Price Changed $1,625,000 -3.0% $651 / Sq Ft
09/08/2023 09/08/23 Price Changed $1,675,000 +4.8% $671 / Sq Ft
08/30/2023 08/30/23 For Sale $1,599,000 -- $640 / 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 -- $1,280,040 $400,000 $880,040
2024 $14 $964,920 $400,000 $564,920
2023 $869 $400,000 $400,000 $0
2022 $869 $175,000 $175,000 $0
2021 $869 $175,000 $175,000 $0
2020 $867 $175,000 $175,000 $0
2019 $866 $175,000 $175,000 $0
2018 $793 $160,000 $160,000 $0
2017 $789 $160,000 $160,000 $0
2016 $786 $160,000 $160,000 $0
2015 $980 $200,000 $200,000 $0
2014 $1,338 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100402548

Hive MLS

APN: 258AA006