NOT LISTED FOR SALE

727 Ocean Blvd W Supply, NC 28462

Estimated Value: $1,536,611 - $2,071,000

5 Beds
5 Baths
2,525 Sq Ft
$688/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $889,000 $352 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $9,879/month

444 Days on Market

Highlights

  • Ocean Front
  • 0.3 Acre Lot
  • Furnished
  • In Ground Pool
  • Deck
  • No HOA

About This Home

As of September 2020

Already one of the top vacation rental properties at Holden Beach, the owners of A Summer Place are making sure it continues to generate record annual income! This unique investment property provides all the key features and welcome surprises which attract many of the same families years after year. Paid reservations on this 5 bedroom, 5 bath oceanfront property with heated pool have averaged over $100,000 in rental income over the past four years with greater income anticipated in 2020. Here's why: Not since the original reconstruction 15 years ago have more improvements been made all at one time! Renovations over the winter 2019-2020 include (1) Replacement of all front porch/deck boards and railings. (2) Conversion of all upstairs ceilings from popcorn to smooth (3) Complete remodeling of two of the five full baths with granite counter tops, glass doors and ceramic walls, and for the ultimate experience in convenience (4) an Elevator between downstairs and the main floor. Now you have it! oceanfront, 5 bedrooms, 5 full baths, pool and an elevator! Oh, yes, one of the few garages at Holden Beach, ample paved parking, lots of new furniture and fresh paint. A Summer Place gets better and better, providing more income for you!

Last Agent to Sell the Property

Lee Hauser

Hauser Real Estate License #191701 Listed on: 06/07/2019

Last Buyer's Agent

Mary Overocker

Coastal Development & Realty License #185385

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 250 x 50
  • Ocean Front
  • Property is zoned R1

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,525 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Family Room
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Water Views
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Holden Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246bb016

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 1977
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: See Remarks, Vinyl
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Furnished, Smoke Detectors, Walk-in Shower
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 356.04
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bedroom 5 Level: Ground
  • Family Room Level: Ground
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2525.00
  • Total Heated Primary Separate Sq Ft: 2525.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: Hot Tub, See Remarks, In Ground
  • Porch Balcony Deck: Covered, Porch, See Remarks, Deck
  • Road Type Frontage: Paved
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 166.00
  • Lot Acres: 0.30
  • Lot Dimensions: 250 x 50
  • Lot Sq Ft: 13068.00
  • Plat Book: 2 1/2
  • Plat Page: 130
  • Zoning: R1

Rental Info

  • Annual Gross Rental Income Collected: 10736300

Tax Info

  • Tax Identifier: 246bb016
  • Tax Year: 2018

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Oct 5, 2020
Sold by
Buck Gary and Buck Toni
Bought by
Dobrzanski Andrew and Dobrzanski Ashley
Seller's Agent
Lee Hauser
Hauser Real Estate
Buyer's Agent
Mary Overocker
Coastal Development & Realty
List Price
$849,000
Sold Price
$889,000
Premium/Discount to List
$40,000
4.71%
Current Estimated Value
$1,736,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,153
Avg. Annual Appreciation
14.40%
Original Mortgage
$704,800
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 16, 2020
Sold by
Powell Ronald L and Powell Cathy B
Bought by
Cain Rufas Hayes and Cain Donna Gail
Seller's Agent
Lee Hauser
Hauser Real Estate
Buyer's Agent
Mary Overocker
Coastal Development & Realty
List Price
$849,000
Sold Price
$889,000
Premium/Discount to List
$40,000
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,800
Interest Rate
2.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 2003
Bought by
Powell Ronald L Et Cathy B
Source: Public Records

Range of Values:

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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
Dobrzanski Andrew $37,500 None Available
Cain Rufas Hayes $889,000 None Available
Powell Ronald L Et Cathy B $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cain Rufas Hayes $704,800
Previous Owner Powell Ronald L $475,000
Previous Owner Powell Ronald $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $889,000 +4.7% $352 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
06/07/2019 06/07/19 For Sale $849,000 -- $336 / 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 -- $1,332,110 $680,000 $652,110
2024 $5,026 $1,332,110 $680,000 $652,110
2023 $4,154 $1,332,110 $680,000 $652,110
2022 $0 $772,340 $420,000 $352,340
2021 $0 $772,340 $420,000 $352,340
2020 $3,875 $700,030 $420,000 $280,030
2019 $3,877 $434,090 $420,000 $14,090
2018 $3,703 $465,610 $450,000 $15,610
2017 $3,688 $465,610 $450,000 $15,610
2016 $3,661 $465,610 $450,000 $15,610
2015 $3,661 $726,950 $450,000 $276,950
2014 $2,960 $639,650 $405,000 $234,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100169497

Hive MLS

APN: 246BB016