NOT LISTED FOR SALE

79 E First St Ocean Isle Beach, NC 28469

Estimated Value: $691,000 - $839,000

3 Beds
1 Bath
896 Sq Ft
$825/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $370,000 $413 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,042/month

136 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Union Elementary School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of July 2020

It is all about LOCATION! This beach cottage is located on a corner lot at Beach access at Concord on the.second row. Wonderful ocean views from the front porch. Current owner has put new vinyl siding on in Spring 2017, complete HVAC system end of 2016, side and front stairs replaced mid 2017., and a nice vinyl fence to surround the backyard ready for a pool! However in 2005 and 2006 EXTENSIVE UPGRADES were done to this 1962 cozy cottage: New roof,,kitchen cabinetry and appliances, bathroom updated , flooring, updated electric, updated plumbing, interior and exterior doors, updated structural supports, decking and ground floor exterior shower. Nicely furnished . The location is just perfect and averages gross rentals of $13K plus some family use. Solidly booked in summer. This Pre-Firm home has flood insurance at $1321 a year with a 5K deductible. Take a look now!

Last Agent to Sell the Property

Linda Register

Intracoastal Realty License #181404 Listed on: 01/16/2020

Intracoastal Realty

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 51 x 102
  • Vinyl Fence
  • Corner Lot
  • Irrigation
  • Property is zoned OI-R-1

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement
  • Storm Doors

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Security Lighting

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 258ab010

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Furnished, Blinds/Shades
  • List Price per Sq Ft: 424.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Sq Ft Heated: 896.00
  • Total Heated Primary Separate Sq Ft: 896.00

Exterior Features

  • Exterior Features: Irrigation System, Security Lighting, Storm Doors, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: Partial, Vinyl
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

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

Association/Amenities

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

Lot Info

  • Deed Page: 280.00
  • Lot Acres: 0.12
  • Lot Description: Corner Lot
  • Lot Dimensions: 51 x 102
  • Lot Number: 12
  • Lot Sq Ft: 5227.00
  • Lot Water Features: Second Row
  • Zoning: OI-R-1
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 258ab010
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jun 23, 2020
Sold by
Schmitz Volker and Schmitz Holly
Bought by
Bucy Joshua Earnest and Bucy Holly Ann
Seller's Agent
Linda Register
Intracoastal Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$397,500
Sold Price
$370,000
Premium/Discount to List
-$27,500
-6.92%
Current Estimated Value
$739,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,399
Avg. Annual Appreciation
13.57%
Original Mortgage
$332,963
Outstanding Balance
$295,146
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$444,253

Purchase Details

Listed on
Dec 2, 2011
Closed on
May 29, 2012
Sold by
Strachan Thomas L and Strachan Holly
Bought by
Schmitz Volker and Schmitz Holly
Seller's Agent
Diane Dalen
Sunset Properties, Inc.
Buyer's Agent
Linda Register
Cooke Realty
List Price
$450,000
Sold Price
$343,600
Premium/Discount to List
-$106,400
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.92%
Original Mortgage
$171,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Strachan Thomas L and Strachan Holly
Bought by
Strachan Holly

Purchase Details

Closed on
Jun 22, 2005
Sold by
Patterson Annie Belle
Bought by
Strachan Thomas L and Strachan Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bucy Joshua Earnest $370,000 None Available
Schmitz Volker $344,000 None Available
Strachan Holly -- None Available
Strachan Thomas L $625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bucy Joshua Earnest $332,963
Previous Owner Schmitz Volker $171,800
Previous Owner Strachan Thomas L $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2020 07/02/20 Sold $370,000 -6.9% $413 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $397,500 +15.7% $444 / Sq Ft
05/31/2012 05/31/12 Sold $343,600 -23.6% $429 / Sq Ft View Prior Sale
05/08/2012 05/08/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $450,000 -- $562 / 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 $2,018 $560,690 $400,000 $160,690
2024 $2,018 $560,690 $400,000 $160,690
2023 $1,624 $560,690 $400,000 $160,690
2022 $1,624 $314,210 $220,000 $94,210
2021 $1,508 $290,330 $220,000 $70,330
2020 $1,516 $290,330 $220,000 $70,330
2019 $1,510 $220,000 $220,000 $0
2018 $1,461 $279,830 $200,000 $79,830
2017 $1,439 $200,000 $200,000 $0
2016 $1,427 $200,000 $200,000 $0
2015 $1,427 $279,830 $200,000 $79,830
2014 $1,706 $370,800 $300,000 $70,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100199863

Hive MLS

APN: 258AB010