NOT LISTED FOR SALE

6303 Ocean Aire Rd SW Ocean Isle Beach, NC 28469

Estimated Value: $476,793 - $587,000

3 Beds
3 Baths
2,301 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $165,000 $72 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $2,923/month

134 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Union Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of May 2012

This is an unbelievable price on this bank owned house located minutes from the beach. Upstairs has a great room and two bedrooms that can easily be shut off when not in use. Two driveways, more than enough to accommodate family and friends, Outdoor shower for washing off after a day at the beach. Kitchen has Granite counter tops. Partially fenced back yard and full of mature landscaping. Priced for a quick sale

Last Agent to Sell the Property

The Donohue Group

NC Coastal Living Listed on: 12/22/2011

Last Buyer's Agent

Non Member

Carolina Coastal Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 125x90

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,301 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Room
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ocean Aire Estates Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 106508892375

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: Two
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Ceiling Fan(s)
  • List Price per Sq Ft: 71.71
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 2301.00
  • Total Heated Primary Separate Sq Ft: 2301.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Water Tap Available
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 697.00
  • Lot Acres: 0.25
  • Lot Dimensions: 125X90
  • Lot Number: 1
  • Lot Sq Ft: 10890.00
  • Zoning: Residential

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 106508892375

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2011
Closed on
May 2, 2012
Sold by
Branch Banking & Trust Company
Bought by
Mcfarland Jeffery L and Mcfarland Nuchjarin
Seller's Agent
The Donohue Group
NC Coastal Living
Buyer's Agent
Non Member
Carolina Coastal Real Estate
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%
Current Estimated Value
$530,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,448
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jul 27, 2011
Sold by
Orebaugh Smith Holding Company Llc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jan 18, 2007
Sold by
Generation Builders Inc
Bought by
Orebaugh Smith Holding Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 26, 2005
Sold by
B & C Development Inc
Bought by
Generation Builders
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
Mcfarland Jeffery L $165,000 None Available
Branch Banking & Trust Company $174,250 None Available
Orebaugh Smith Holding Company Llc -- None Available
Generation Builders $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orebaugh Smith Holding Company Llc $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2012 05/07/12 Sold $165,000 -12.7% $72 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $189,000 -- $82 / 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 -- $376,240 $42,000 $334,240
2024 $1,687 $376,240 $42,000 $334,240
2023 $1,500 $376,240 $42,000 $334,240
2022 $0 $226,880 $24,000 $202,880
2021 $1,256 $226,880 $24,000 $202,880
2020 $0 $226,880 $24,000 $202,880
2019 $1,438 $28,280 $24,000 $4,280
2018 $1,393 $35,160 $30,000 $5,160
2017 $1,306 $35,160 $30,000 $5,160
2016 $1,256 $35,160 $30,000 $5,160
2015 $1,256 $217,730 $30,000 $187,730
2014 $1,074 $197,438 $20,000 $177,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20662139

Hive MLS

APN: 243CF001