NOT LISTED FOR SALE

Oak Island Beach Villas 1000 Caswell Beach Rd Unit 1506 Oak Island, NC 28465

Estimated Value: $472,793 - $502,000

2 Beds
1 Bath
720 Sq Ft
$349/mo HOA Fee

Last Sold March 03, 2022

Last sale price $405,000 $562 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,144/month

25 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • Community Pool
  • Ocean View
  • Ocean Side of Freeway
  • Balcony

About This Home

As of March 2022

Ocean views galore from the front porch and the balconies! Sunsets beyond belief! Completely updated and all brand new appliances await you for the summer to come plus the condo is partially furnished - easy to get your summer rentals started!. (unit has not been rented - so no wear and tear!) Take advantage of top floor penthouse living (read no noise above you) with wide open views of the Atlantic Ocean. Nestled in the community, offering privacy and peace and quiet and protection from the direct gales of the ocean, this is the perfect location. Open floor plan offers the best use of the square footage. Kitchen is warm and inviting with butcher block countertops, gorgeous tile backsplash and new appliances including the fridge! - both bedrooms are light and newly painted with new doors and trim. - The bath is completely renovated with a glorious step-in shower, new lighting and sink and toilet - Living room is bright with new flooring and the huge sliding doors allowing ocean views right from your living room - balcony is the best part - and you will just have to step out to understand why this will be your favorite choice on the island!

Last Agent to Sell the Property

Rasa Love

Keller Williams Innovate-Wilmington Listed on: 01/02/2022

Keller Williams Innovate-Wilmington

Co-Listed By

Rasa Love

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Sarah Meyers

Keller Williams Innovate-Wilmington License #305541

Keller Williams Innovate-Wilmington

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,542

Year Built

  • Built in 1984

Lot Details

  • 392

HOA Fees

  • $349 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Ocean Side of Freeway
  • Balcony

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 250eb184

Community Details

Overview

  • Master Insurance
  • Oak Island Bch Villa Subdivision
  • Maintained Community

Recreation

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,542

Year Built

Built in 1984

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Ceiling Fan(s), Walk-in Shower
  • List Price per Sq Ft: 534.72
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 720.00
  • Total Heated Primary Separate Sq Ft: 720.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Taxes, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Flood Insurance
  • HOAAssociationFee1Year: 4188.32

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 416.00
  • Lot Water Features: Ocean Side, Water Access Comm, Waterfront Comm
  • Plat Book: 2
  • Plat Page: 110
  • Special Assessments: Yes - paid by seller at closin
  • Zoning: Condo/resort
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 250eb184
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 500.47
  • Total Real Estate Property Taxes: 1542.36

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2021
Sold by
Paster Joseph V and Paster Jacqueline
Bought by
Hicks Ronnie and Hicks Harmony
Current Estimated Value
$489,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2017
Closed on
Oct 27, 2017
Sold by
Hosford Geoffrey W and Hosford Linsey Elliott
Bought by
Paster Joseph V and Wolf Jacqueline
Seller's Agent
Tammy Poole
Coastwalk Real Estate, LLC
Buyer's Agent
Rasa Love
RE/MAX Essential
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$168,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2007
Sold by
Dorrell Angeline B and Dorrell Archie L
Bought by
Hosford Geoffrey W and Hosford Sofie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,550
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1990
Bought by
Hosford Geoffrey W
Source: Public Records

Range of Values:

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List 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
Hicks Ronnie $405,000 None Listed On Document
Paster Joseph V $210,000 None Available
Hosford Geoffrey W -- None Available
Hosford Geoffrey W $230,000 None Available
Hosford Geoffrey W $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hicks Ronnie $364,500
Previous Owner Hosford Geoffrey W $168,000
Previous Owner Hosford Geoffrey W $206,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $405,000 +5.2% $563 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/25/2022 01/25/22 Price Changed $385,000 -6.1% $535 / Sq Ft
01/14/2022 01/14/22 Price Changed $410,000 -2.4% $569 / Sq Ft
01/02/2022 01/02/22 For Sale $420,000 +100.0% $583 / Sq Ft
10/31/2017 10/31/17 Sold $210,000 -8.3% $292 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $229,000 -- $319 / 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 $2,498 $419,260 $0 $419,260
2024 $2,498 $419,260 $0 $419,260
2023 $1,592 $419,260 $0 $419,260
2022 $1,592 $185,360 $0 $185,360
2021 $1,542 $185,360 $0 $185,360
2020 $1,487 $185,360 $0 $185,360
2019 $1,481 $0 $0 $0
2018 $983 $0 $0 $0
2017 $983 $0 $0 $0
2016 $946 $0 $0 $0
2015 $946 $120,300 $0 $120,300
2014 $894 $129,350 $0 $129,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100306259

Hive MLS

APN: 250EB184