NOT LISTED FOR SALE

85 E First St Ocean Isle Beach, NC 28469

Estimated Value: $681,000 - $782,000

3 Beds
2.5 Baths
862 Sq Ft
$843/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $535,000 $621 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,021/month

50 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Union Elementary School Rated A-
  • No HOA
  • Balcony

About This Home

As of October 2022

Classic beach cottage in an excellent second-row location with beach access just steps from this home. Easily walk or ride a bike to all the shops, restaurants, and attractions that make Ocean Isle among the most desirable beaches in NC! This home features a finished ground floor space with a living room, 2 bedrooms, bathroom, and kitchenette. Upstairs offers a family room, dining area, kitchen, full bathroom, and 3 bedrooms. Rinse off in the outdoor shower before a nap on the covered porch with constant breezes right off the ocean. Ample parking in the front and the backyard space should easily accommodate a pool!This home would make a great investment, second home or destination for beach lovers or beach lovers who appreciate classic vintage charm one can buy for less. Excellent opportunity for rental income or to reside on one floor and rent the other. The incredible price takes into account the need for updating. This second-row home is a diamond in the rough!

Last Agent to Sell the Property

Deb Ford

eXp Realty License #330597 Listed on: 06/23/2022

eXp Realty

Last Buyer's Agent

Amy Maxwell

BH & G Elliott Coastal Living License #339160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 1949

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Level Lot
  • Property is zoned R1

Home Design

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

Interior Spaces

  • 862 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Ocean Views
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • 3 Parking Spaces
  • Dirt Driveway
  • Unpaved Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 258ac003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,487

Year Built

Built in 1949

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: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor Unit, 2nd Floor Unit
  • Year Built: 1949
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: See Remarks
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: None
  • Laundry Location: None
  • List Price per Sq Ft: 319.03
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 862.00
  • Sq Ft Heated Separate: 862.00
  • Total Heated Primary Separate Sq Ft: 1724.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Dirt, Unpaved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central, Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 76.00
  • Lot Acres: 0.12
  • Lot Description: Level
  • Lot Dimensions: 50x100
  • Lot Sq Ft: 5097.00
  • Lot Water Features: Second Row
  • Plat Book: 3
  • Plat Page: 179
  • Zoning: R1
  • Horse Amenities: None
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 258ac003
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1486.62

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Oct 20, 2022
Sold by
V7 Llc
Bought by
Tuten Kenneth L and Tuten Lynn C
Seller's Agent
Deb Ford
eXp Realty
Buyer's Agent
Amy Maxwell
BH & G Elliott Coastal Living
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
11
Current Estimated Value
$726,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,296
Avg. Annual Appreciation
10.96%
Original Mortgage
$481,500
Outstanding Balance
$456,623
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$269,673

Purchase Details

Closed on
Nov 1, 2004
Bought by
V7 Llc
Source: Public Records

Range of Values:

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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
Tuten Kenneth L $535,000 --
V7 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuten Kenneth L $481,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $535,000 -2.7% $621 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $550,000 -- $638 / 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 $2,052 $541,560 $400,000 $141,560
2024 $2,052 $541,560 $400,000 $141,560
2023 $1,487 $541,560 $400,000 $141,560
2022 $1,471 $285,900 $220,000 $65,900
2021 $1,487 $285,900 $220,000 $65,900
2020 $1,471 $285,900 $220,000 $65,900
2019 $1,471 $220,000 $220,000 $0
2018 $1,403 $271,950 $200,000 $71,950
2017 $1,381 $200,000 $200,000 $0
2016 $1,369 $200,000 $200,000 $0
2015 $1,369 $271,950 $200,000 $71,950
2014 $1,554 $339,840 $300,000 $39,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100338408

Hive MLS

APN: 258AC003