$190,000
SOLD NOV 3, 2017

Oak Island Beach Villas 1000 Caswell Beach Rd Unit 1607 Oak Island, NC 28465

2 Beds
2 Baths
940 Sq Ft
$446/mo HOA Fee

Recently Sold

$202 Per Sq Ft

12% Below List Price

145 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Porch
  • In Ground Pool
  • Balcony
  • Resident Manager or Management On Site

About This Home

As of August 2019

Beautiful Caswell Beach Condo, 1st floor unit is furnished with 2BR/2BA . This unit has an Ocean View with double balconies and is ready to use as a second home or rental investment property. Stunning views of both sunrise and sunsets will start your day and end with views over the OCEAN. Oceanside pool. 2 exterior storage units for all your beach stuff. Oak Island Country Club is open to the public and located across the street .

Last Agent to Sell the Property

Pat Proctor

Margaret Rudd Assoc/O.I. License #204923 Listed on: 05/27/2017

Last Buyer's Agent

Melony Rice

Intracoastal Realty License #286101

Intracoastal Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1988

HOA Fees

  • $446 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Termite Clearance
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 250eb197

Community Details

Overview

  • Oak Island Bch Villa Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,738

Year Built

Built in 1988

Lot Details

0

HOA Fees

$446 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: 1st Floor Unit
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Furnished
  • Laundry Location: Closet
  • List Price per Sq Ft: 228.62
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Sq Ft Heated: 940.00
  • Total Heated Primary Separate Sq Ft: 940.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Porch
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Sewer, Water, Termite Bond, Taxes, Street Lights, Picnic Area, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance
  • HOAAssociationFee1Year: 5356.00

Lot Info

  • Deed Page: 1308.00
  • Zoning: residential
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 250eb197
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Aug 12, 2019
Sold by
Corbin Chad and Corbin Andrea
Bought by
Higdon Charles G and Higdon Maria Lynn
Seller's Agent
Mary Deflavio
Margaret Rudd Assoc/O.I.
Buyer's Agent
Stephen DeFlavio
Margaret Rudd Assoc/O.I.
List Price
$250,000
Sold Price
$231,500
Premium/Discount to List
-$18,500
-7.4%
Current Estimated Value
$520,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,693
Avg. Annual Appreciation
14.59%
Original Mortgage
$81,500
Outstanding Balance
$55,869
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$466,070

Purchase Details

Listed on
May 27, 2017
Closed on
Nov 2, 2017
Sold by
Bonn David L and Bonn Bonita G
Bought by
Corbin Chad and Corbin Andrea
Seller's Agent
Pat Proctor
Margaret Rudd Assoc/O.I.
Buyer's Agent
Melony Rice
Intracoastal Realty
List Price
$214,900
Sold Price
$190,000
Premium/Discount to List
-$24,900
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Jun 1, 2004
Bought by
Bonn David L Et Bonita G
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $231,500 None Available
Warranty Deed $190,000 None Available
Warranty Deed $232,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $81,500 New Conventional
Previous Owner $172,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Sold $231,500 -7.4% $246 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $250,000 +31.6% $266 / Sq Ft
11/03/2017 11/03/17 Sold $190,000 -11.6% $202 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
05/27/2017 05/27/17 For Sale $214,900 -- $229 / 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
2024 $2,738 $461,140 $0 $461,140
2023 $1,727 $461,140 $0 $461,140
2022 $1,727 $202,050 $0 $202,050
2021 $1,675 $202,050 $0 $202,050
2020 $1,614 $202,050 $0 $202,050
2019 $1,622 $0 $0 $0
2018 $1,172 $0 $0 $0
2017 $1,212 $0 $0 $0
2016 $1,169 $0 $0 $0
2015 $1,169 $143,060 $0 $143,060
2014 $1,139 $158,930 $0 $158,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100065051

Hive MLS

APN: 250EB197