NOT LISTED FOR SALE

7292 Lula St SW Ocean Isle Beach, NC 28469

Estimated Value: $199,000 - $301,000

2 Beds
2 Baths
1,301 Sq Ft
$193/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $122,000 $94 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,447/month

389 Days on Market

Highlights

  • Deck
  • Porch
  • Dining Room
  • No HOA
  • Central Air
  • Ceiling Fan

About This Home

As of February 2016

LOCATION! Precious clean 2008 stick built 1 story 1,300 sq. foot home.Only 3 miles from Ocean Isle Beach & Sunset Beach. Completely floored attic with enough room for an additional 1300 SF- possible 2 more bedrooms,bathroom & den. Septic would have to be modified & enlarged for BR additions. 158 SF covered porch,2.5 ton heat pump, 1/2 Primed sheetrock thru out, 7/12 pitch roof with fully vented overhangs, 35 yr. architectural shingles, 8' ceiling & 6 panel doors. Optimum energy insulation package (R-30,roof,R-13 walls,R-25 floors),energy efficient theropane single hung gridless windows. 3/4 Structure-wood moisture resistent floor decking. All 2 x 4 interior walls & all 2 x 4, 2 x 6 rafters. 2 x 6 exterior walls w/ 130 MPH wind code. 2 x 10 floor joist, 40/40 200 amp main panel, stainless

Last Agent to Sell the Property

Martha Lee

Martha Lee Realty Co LLC - OIB License #20785 Listed on: 12/11/2014

Last Buyer's Agent

Non Member

Carolina Coastal Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 2008

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 75x110
  • Property is zoned CO-R-6000

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,301 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Dining Room
  • Storm Doors
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Breezewood Ii Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 105519623256

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Modular
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Ceiling Fan(s)
  • List Price per Sq Ft: 88.39
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Sq Ft Heated: 1301.00
  • Total Heated Primary Separate Sq Ft: 1301.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Block, Brick/Mortar
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Unpaved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Septic On Site, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 399.00
  • Lot Acres: 0.19
  • Lot Dimensions: 75X110
  • Lot Number: 21
  • Lot Sq Ft: 8250.00
  • Plat Book: 259
  • Zoning: CO-R-6000

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 105519623256
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 725.00
  • Total Real Estate Property Taxes: 725.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jan 8, 2016
Sold by
Morgan Bobby S
Bought by
Mount Michael D and Mount Lisa M
Seller's Agent
Martha Lee
Martha Lee Realty Co LLC - OIB
Buyer's Agent
Non Member
Carolina Coastal Real Estate
List Price
$138,000
Sold Price
$122,000
Premium/Discount to List
-$16,000
-11.59%
Current Estimated Value
$250,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,667
Avg. Annual Appreciation
7.81%
Original Mortgage
$125,449
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2008
Sold by
Morgan Bobbie S and Morgan Bobby S
Bought by
Morgan Bobby S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.94%
Mortgage Type
Construction
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
Mount Michael D $122,000 None Available
Morgan Bobby S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mount Michael D $167,200
Closed Mount Lisa M $28,000
Closed Mount Michael D $125,449
Previous Owner Morgan Bobby S $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2016 02/03/16 Sold $122,000 -11.6% $94 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/11/2014 12/11/14 For Sale $138,000 -- $106 / 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 $974 $226,170 $40,000 $186,170
2024 $974 $226,170 $40,000 $186,170
2023 $887 $226,170 $40,000 $186,170
2022 $887 $143,670 $18,000 $125,670
2021 $0 $143,670 $18,000 $125,670
2020 $887 $143,670 $18,000 $125,670
2019 $887 $19,610 $18,000 $1,610
2018 $796 $26,930 $25,000 $1,930
2017 $739 $26,930 $25,000 $1,930
2016 $714 $26,930 $25,000 $1,930
2015 $714 $126,650 $25,000 $101,650
2014 $725 $141,284 $45,000 $96,284
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20688596

Hive MLS

APN: 242MC04621