NOT LISTED FOR SALE

56 Private Dr Ocean Isle Beach, NC 28469

Estimated Value: $1,002,000 - $1,245,000

0.11 Acre
$10,153,127 Price per Acre
4,758 Sq Ft Lot

Last Sold April 23, 2019

Last sale price $97,000

Est. 1,048% increase in value since last sale

Current estimated payment $6,366/month

345 Days on Market

Highlights

  • Community Pool
  • Union Elementary School Rated A-
  • Maintained Community

About This Lot

As of April 2019

Now is your chance to build your coastal dream home! Situated on the West side of Ocean Isle Beach in the Summer Place community you will find your own slice of paradise. This lot is within walking distance to the community pool and direct beach access. Summer Place is a favorite among owners and vacationers alike making it the perfect choice if you plan to invest in rental property or build a primary home. The quiet location is welcoming after a day on the beach and the kids will enjoy the swimming pool as a beach alternative.

Last Agent to Sell the Property

Edwina St. Pierre

Intracoastal Realty License #250877 Listed on: 04/16/2018

Intracoastal Realty

Last Buyer's Agent

Christian Pigott

Coldwell Banker Sloane Realty OIB

Coldwell Banker Sloane Realty OIB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,505

Lot Details

  • 4,758 Sq Ft Lot
  • Lot Dimensions are 39x100x57x98
  • Property fronts a private road
  • Cleared Lot
  • Property is zoned OI-R-1

HOA Fees

  • $8 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 257fm011

Community Details

Overview

  • Summer Place Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$3,505

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 39

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Roads, Pool
  • HOAAssociationFee1Year: 100.00

Lot Info

  • Deed Page: 266.00
  • Lot Dimensions: 39x100x57x98
  • Lot Sq Ft: 4758.00
  • Plat Book: Z
  • Plat Page: 148
  • Zoning: OI-R-1
  • Acres: 0.11
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 1090909.09
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: 257fm011
  • 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
Apr 16, 2018
Closed on
Apr 18, 2019
Sold by
Bryant Richard F and Bryant Sandra H
Bought by
Gorman Timothy Hugh and Gorman Joy Marie
Seller's Agent
Edwina St. Pierre
Intracoastal Realty
Buyer's Agent
Christian Pigott
Coldwell Banker Sloane Realty OIB
List Price
$120,000
Sold Price
$97,000
Premium/Discount to List
-$23,000
-19.17%
Current Estimated Value
$1,113,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,178
Avg. Annual Appreciation
47.06%

Purchase Details

Closed on
Aug 1, 1997
Bought by
Bryant Richard F Et Minnie
Source: Public Records

Range of Values:

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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
Gorman Timothy Hugh $97,000 None Available
Bryant Richard F Et Minnie $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Timothy Hugh $365,000
Closed Gorman Joy Marie $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $97,000 -19.2% --
03/27/2019 03/27/19 Pending -- -- --
04/16/2018 04/16/18 For Sale $120,000 -- --
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
2024 $3,505 $907,780 $280,000 $627,780
2023 $2,899 $907,780 $280,000 $627,780
2022 $2,899 $515,220 $150,000 $365,220
2021 $2,899 $515,220 $150,000 $365,220
2020 $1,997 $336,640 $150,000 $186,640
2019 $744 $150,000 $150,000 $0
2018 $599 $120,000 $120,000 $0
2017 $595 $120,000 $120,000 $0
2016 $592 $120,000 $120,000 $0
2015 $592 $120,000 $120,000 $0
2014 $1,116 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100111121

Hive MLS

APN: 257FM011