NOT LISTED FOR SALE

100 Martin Ln Oak Island, NC 28465

Estimated Value: $1,604,000 - $1,740,000

5 Beds
3 Baths
2,040 Sq Ft
$811/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $1,175,000 $576 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,101/month

1 Day on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • 0.36 Acre Lot
  • Southport Elementary School Rated 9+
  • Ocean Side of Freeway
  • Corner Lot

About This Home

As of June 2021

Location, Location, Location!! Extremely rare opportunity!! This home is located on a street that even most locals do not know about. There are only 2 oceanfront homes on this street. Martin Ln is conveniently located near the Oak Island bridge between the Caswell Beach and Oak Island city limits, right on the ocean front. With only 2 homes on this street, privacy is at its greatest. The home sits on an oversized, deep ocean front lot. There is a lot of deep established vegetation between the oceanfront pool and the protective tall sand dunes. So if you want oceanfront views, protection, convenience, privacy, then you have found the perfect spot. Make an appointment to view this ocean front home in the desirable Yaupon Beach area. Perfect for rentals or just as your Oak Island home. The home itself has recently been updated with a new kitchen and granite counter tops, new bathroom cabinets and tops, new fixtures, new molding, new shiplap, freshly painted, flat ceilings, and ready for your family. The oceanfront pool is an private oasis. The vegetation gives the extra privacy from the hustle and bustle. There is a pad on the pool deck wired for a hot tub if you chose to add one. Sit out on one of the two oceanfront covered porches to relax and unwind. While on the porch, you will feel the stress melt away as the ocean breeze whisks through your hair and your tension from your every day live subsides. Enjoy your private ocean front open deck sitting above the dunes and your private walkway and access to the beach. Close to the Oak Island golf course, restaurants, shopping and the Oak Island Bridge for easy on and off the island. Don't miss out on this opportunity as you will not find another like it.

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 04/02/2021

Last Buyer's Agent

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 04/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 1994

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 56x292
  • Ocean Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Vinyl Fence
  • Corner Lot
  • Dunes

Home Design

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

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry in Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 250ea00103

Community Details

Overview

  • No Home Owners Association
  • Yaupon Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,874

Year Built

Built in 1994

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: 2.0
  • Stories Levels: Two
  • Year Built: 1994
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-In Closet, Walk-in Shower, Furnished, Pantry, Ceiling Fan(s)
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 588.19
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Sq Ft Heated: 2040.00
  • Total Heated Primary Separate Sq Ft: 2040.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Vinyl
  • Foundation: Pilings
  • On Site Pool Spa: In Ground, See Remarks
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St), Unpaved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Pickleball, Trail(s), Tennis Court(s), Playground, Picnic Area

Lot Info

  • Deed Page: 22.00
  • Lot Acres: 0.36
  • Lot Description: Corner Lot, Dunes, Dead End, Cul-de-Sac Lot
  • Lot Dimensions: 56x292
  • Lot Number: 4
  • Lot Sq Ft: 15682.00
  • Lot Water Features: Ocean Side
  • Plat Book: X
  • Plat Page: 269
  • Special Assessments: None Known
  • Zoning: R
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 250ea00103
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 2348.81
  • Total Real Estate Property Taxes: 5874.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 10, 2021
Sold by
S & F Office Rentals Llc
Bought by
Koncept Innovators Llc
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$1,199,900
Sold Price
$1,175,000
Premium/Discount to List
-$24,900
-2.08%
Current Estimated Value
$1,653,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,600
Avg. Annual Appreciation
8.08%
Original Mortgage
$940,000
Outstanding Balance
$849,197
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$804,403

Purchase Details

Closed on
May 11, 2007
Sold by
Dameron Jimmy E and Dameron Maria T
Bought by
S & F Office Rentals Llc

Purchase Details

Closed on
Jun 17, 2005
Sold by
Newkirk Thomas E and Newkirk Laura J
Bought by
Dameron Jimmy E and Dameron Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,500
Interest Rate
5.26%
Mortgage Type
New Conventional
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
Koncept Innovators Llc $1,175,000 None Available
S & F Office Rentals Llc $1,400,000 None Available
Dameron Jimmy E $266,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koncept Innovators Llc $940,000
Previous Owner Dameron Jimmy E $343,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $1,175,000 -2.1% $576 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $1,199,900 -- $588 / 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 -- $1,204,980 $560,000 $644,980
2024 $5,134 $1,204,980 $560,000 $644,980
2023 $3,636 $1,204,980 $560,000 $644,980
2022 $0 $623,940 $320,000 $303,940
2021 $3,526 $623,940 $320,000 $303,940
2020 $3,526 $623,940 $320,000 $303,940
2019 $3,526 $340,550 $320,000 $20,550
2018 $3,151 $293,010 $275,000 $18,010
2017 $3,151 $293,010 $275,000 $18,010
2016 $3,101 $293,010 $275,000 $18,010
2015 $3,101 $552,480 $275,000 $277,480
2014 $2,495 $475,681 $250,000 $225,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100264612

Hive MLS

APN: 250EA00103