NOT LISTED FOR SALE

88 W First St Ocean Isle Beach, NC 28469

Estimated Value: $1,067,000 - $1,611,000

0.11 Acre
$12,708,073 Price per Acre
5,001 Sq Ft Lot

Last Sold March 25, 2015

Last sale price $180,000

Est. 677% increase in value since last sale

Current estimated payment $7,828/month

112 Days on Market

Highlights

  • Water Views
  • Union Elementary School Rated A-
  • Level Lot

About This Lot

As of March 2015

Build your 2nd row beach house with reverse floor plan for panoramic ocean views. Just 300 feet from the waters edge, this affordably priced high, sandy lot is waiting for you. Terrific opportunity!

Last Agent to Sell the Property

Sarah Harris

Intracoastal Realty Listed on: 12/01/2014

Intracoastal Realty

Last Buyer's Agent

Brent Shaver

Martha Lee Realty Company LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,448

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Level Lot
  • Property is zoned OI-R-1

Property Views

  • Water Views

Schools

  • Union Elementary School
  • Waccamaw Middle School
  • West Brunswick High School

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 106408897953

Property Details

Property Type

Land

Est. Annual Taxes

$1,448

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: Yes

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 2133
  • Deed Page: 856.00
  • Lot Dimensions: 50X100
  • Lot Number: 4
  • Lot Sq Ft: 5001.00
  • Zoning: OI-R-1
  • Acres: 0.11
  • List Price per Acre: 1990909.09
  • Topography: Level
  • Lot Number2: 4

Tax Info

  • Tax Identifier: 106408897953
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 1448.00
  • Total Real Estate Property Taxes: 1448.00

MLS Schools

  • Elementary School: Union
  • High School: West Brunswick
  • Middle School: Waccamaw
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Mar 23, 2015
Sold by
Brower Stephen M and Brower Vicki M
Bought by
Erlandson Mark R and Erlandson Gayle M
Seller's Agent
Sarah Harris
Intracoastal Realty
Buyer's Agent
Brent Shaver
Martha Lee Realty Company LLC
List Price
$219,000
Sold Price
$180,000
Premium/Discount to List
-$39,000
-17.81%
Current Estimated Value
$1,397,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,217,888
Avg. Annual Appreciation
21.44%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Williamson Odell and Williamson Virginia
Bought by
Brower Stephen M and Brower Vicki M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.98%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Erlandson Mark R $180,000 None Available
Brower Stephen M $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brower Stephen M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $180,000 -17.8% --
03/23/2015 03/23/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $219,000 -- --
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 $4,661 $1,233,830 $550,000 $683,830
2024 $4,661 $1,233,830 $550,000 $683,830
2023 $3,874 $1,233,830 $550,000 $683,830
2022 $3,874 $704,320 $275,000 $429,320
2021 $3,879 $704,320 $275,000 $429,320
2020 $3,843 $704,320 $275,000 $429,320
2019 $3,816 $290,640 $275,000 $15,640
2018 $3,266 $217,000 $200,000 $17,000
2017 $3,115 $217,000 $200,000 $17,000
2016 $3,065 $217,000 $200,000 $17,000
2015 $980 $200,000 $200,000 $0
2014 $1,448 $325,000 $325,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20688373

Hive MLS

APN: 257EA006