NOT LISTED FOR SALE

81 E Second St Ocean Isle Beach, NC 28469

Estimated Value: $860,000 - $964,000

5 Beds
3 Baths
1,101 Sq Ft
$832/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $375,000 $341 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,090/month

55 Days on Market

Highlights

  • 1 Acre Lot
  • Home fronts a canal
  • No HOA
  • Union Elementary School Rated A-
  • Deck
  • 1-Story Property

About This Home

As of February 2015

Cute, newly remodeled/painted canal home with easy beach access (approx. 200') on corner of Concord & East 2nd Street. Two bedrooms and one bath on the ground floor, three bedrooms and two baths on the main living area. Features covered porch, partial ocean views from front porch. Close to the pier, mini-golf, shopping and dining.

Last Agent to Sell the Property

Stuart Cooke

Cooke Realty Listed on: 01/03/2015

Co-Listed By

Tabetha Cooke

Cooke Realty

Last Buyer's Agent

Kraig Marquis

Keller Williams Innovate-Wilmington License #258999

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 60x50x110x180
  • Home fronts a canal
  • Property is zoned OI-R-1

Home Design

  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,101 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Canal Views
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 107518311526

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,909

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1973
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Flooring: Laminate
  • Heated Sq Ft: 1000 - 1199
  • List Price per Sq Ft: 355.40
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Sq Ft Heated: 1101.00
  • Total Heated Primary Separate Sq Ft: 1101.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, None
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Dryer
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 511.00
  • Lot Acres: 1.00
  • Lot Dimensions: 60X50X110X180
  • Lot Number: 34
  • Lot Sq Ft: 43560.00
  • Zoning: OI-R-1
  • Lot View Type: Canal View, Water View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 107518311526
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 1909.00
  • Total Real Estate Property Taxes: 1909.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2015
Closed on
Feb 25, 2015
Sold by
Durant Thomas R and Durant Jennifer P
Bought by
Faucette Lowell C and Faucette Della W
Seller's Agent
Stuart Cooke
Cooke Realty
Buyer's Agent
Kraig Marquis
Keller Williams Innovate-Wilmington
List Price
$391,500
Sold Price
$375,000
Premium/Discount to List
-$16,500
-4.21%
Current Estimated Value
$915,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,539
Avg. Annual Appreciation
8.79%
Original Mortgage
$300,000
Outstanding Balance
$230,362
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$685,177

Purchase Details

Closed on
Oct 9, 2006
Sold by
Puddin Swamp Properties Llc and Durant Thomas R
Bought by
Durant Thomas R and Blake Gibbons H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2006
Sold by
Medlin Peggy M
Bought by
Puddin Swamp Properties Llc and Durant Thomas R
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
Faucette Lowell C $375,000 None Available
Durant Thomas R -- None Available
Puddin Swamp Properties Llc $645,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faucette Lowell C $300,000
Previous Owner Durant Thomas R $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $375,000 -4.2% $341 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $391,500 -- $356 / 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 -- $757,320 $500,000 $257,320
2024 $2,835 $757,320 $500,000 $257,320
2023 $2,414 $757,320 $500,000 $257,320
2022 $2,414 $450,300 $310,000 $140,300
2021 $2,405 $448,490 $310,000 $138,490
2020 $2,376 $446,350 $310,000 $136,350
2019 $2,363 $325,190 $310,000 $15,190
2018 $2,096 $270,370 $255,000 $15,370
2017 $2,052 $270,370 $255,000 $15,370
2016 $1,911 $255,870 $255,000 $870
2015 $1,884 $367,830 $255,000 $112,830
2014 $1,909 $408,709 $325,000 $83,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20688950

Hive MLS

APN: 244PE001