$515,000
SOLD JUL 5, 2022

Oak Island Beach Villas 1000 Caswell Beach Rd Unit 405 Oak Island, NC 28465

2 Beds
2 Baths
864 Sq Ft
$491/mo HOA Fee

Recently Sold

$596 Per Sq Ft

22 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Balcony
  • Furnished
  • Covered Patio or Porch
  • Community Playground

About This Home

As of July 2022

BOM - Prior buyer's financing did not work out. NOW IS YOUR OPPORTUNITY--Recently renovated, ocean front 2BR/2BA condo offering the most stunning ocean views, sunrises, and sunsets you have ever seen! Spend your morning coffee time out on the balcony listening to the waves splashing and watching the dolphins swim. You can also enjoy an unforgettable experience watching the seaturtles nest and the baby hatchlings heading towards the ocean water.In today's market of unprecedented low levels of inventory, this rare oceanfront condo on Caswell Beach is an amazing find! It provides a wonderful investment opportunity, as well as an unbelievable primary residence or second home. Currently in a rental program with strong rental history. This condo is being sold completely furnished making it a turnkey opportunity. Recent upgrades include kitchen counters & cabinets (2021). HVAC (2020), water heater (2020), vinyl flooring throughout (2019).Open floor plan offers the best use of the square footage. The large sliding glass door to the balcony provides ocean views right from the comfort of the living room. The Oak Island Beach Villas offer an oceanfront community swimming pool, an outdoor shower, and a picnic area with grills. The Oak Island Golf Course and Duffers Restaurant is just across the street. The nearby beautiful historic district of Southport offers a variety of restaurants and specialty shops!

Last Agent to Sell the Property

Dani Colantuno

Margaret Rudd Assoc/O.I. Listed on: 04/29/2022

Last Buyer's Agent

Daniel Ward

Coastal Lights Realty License #301003

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1982

Lot Details

  • Property fronts a private road
  • Irrigation

HOA Fees

  • $491 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill

Location

  • Flood Insurance May Be Required

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 250eb069

Community Details

Overview

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

Recreation

  • Community Playground

Additional Features

  • Picnic Area
  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,827

Year Built

Built in 1982

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit
  • Year Built: 1982
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, See Remarks, Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Laundry Location: Hall
  • List Price per Sq Ft: 596.06
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 864.00
  • Total Heated Primary Separate Sq Ft: 864.00

Exterior Features

  • Exterior Features: Gas Grill, Security Lighting, Outdoor Shower, Irrigation System
  • Exterior Finish: Fiber Cement, See Remarks
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, See Remarks, Covered
  • Road Type Frontage: Maintained, See Remarks, Private, Paved
  • Roof: See Remarks, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, See Remarks, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Termite Bond, Sewer, Taxes, Pest Control, Playground, Picnic Area, Maint - Comm Areas, Master Insure, Maintenance Structure, Maint - Grounds, Community Pool, Flood Insurance
  • HOAAssociationFee1Year: 5897.24

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 1265.00
  • Plat Book: 01164
  • Plat Page: 1265
  • Special Assessments: See Agent Remarks
  • Zoning: CB-RRCD
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 250eb069
  • Tax Year: 2022

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 22, 2022
Sold by
Pearce and Gloria
Bought by
Hauser Robert Jeffery and Hauser Margaret Ortiz
Seller's Agent
Dani Colantuno
Margaret Rudd Assoc/O.I.
Buyer's Agent
Daniel Ward
Coastal Lights Realty
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$453,600
Outstanding Balance
$432,141
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$139,037

Purchase Details

Closed on
Aug 1, 1997
Bought by
Pearce John
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 $515,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $453,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 For Sale $579,000 +12.4% $670 / Sq Ft
07/05/2022 07/05/22 Sold $515,000 0.0% $596 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $515,000 0.0% $596 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $515,000 -- $596 / 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 $2,827 $454,110 $0 $454,110
2024 $2,827 $454,110 $0 $454,110
2023 $2,132 $454,110 $0 $454,110
2022 $2,132 $243,320 $0 $243,320
2021 $2,075 $243,320 $0 $243,320
2020 $2,000 $243,320 $0 $243,320
2019 $1,993 $0 $0 $0
2018 $1,684 $0 $0 $0
2017 $1,684 $0 $0 $0
2016 $1,618 $0 $0 $0
2015 $1,618 $202,810 $0 $202,810
2014 $1,209 $170,030 $0 $170,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100325053

Hive MLS

APN: 250EB069