Seller's Agent in 2022
John Hamilton
Better Beach Sales & Rentals, Inc.
(910) 278-1147
203 in this area
230 Total Sales
1002 W Beach Dr Oak Island, NC 28465
Estimated Value: $1,175,000 - $1,285,023
4
Beds
2.5
Baths
2,128
Sq Ft
$575/Sq Ft
Est. Value
Highlights
- Ocean View
- In Ground Pool
- Deck
- Southport Elementary School Rated 9+
- Ocean Side of Freeway
- Wood Flooring
About This Home
As of September 2022This gorgeous 4BR/2.5BA 2nd row, large rental income producing home is located in the highly sought-after west end of Oak Island offers spectacular long-range ocean views with the most breathtaking sunrises and sunsets you have ever seen! Being located on a corner lot, you have coveted direct beach access just across the street. Also located directly across from one of only a few handicapped beach accesses so everyone will be able to easily enjoy the beach. Notable features of the home include a brand new high-efficiency HVAC system; new roof; updated kitchen with quartz countertops, newer stainless-steel kitchen appliances, built-in trash compactor, ice maker, and large kitchen island breakfast bar; screened porch; covered porch withocean views; enclosed outdoor shower; 220v Telsa charging station; brand new stainless-steel gas grill/griddle; newer pool/equipment for years of maintenance-free enjoyment; beautiful maintenance-free landscaping; covered parking; second parking pad for jet skis, boat, and overflow parking, and a wonderful extra living space below, around 300 sq ft not in the listed sq ft, currently used for sleeping and gaming. This home would make a fantastic primary residence, second home, or continued use as a rental investment property. It already has an established rental history. Not even on the rental market for a full year yet and this home is already a favorite among guests to the island! The ultimate turnkey rental, this home comes fully furnished with everything in place to immediately take over a steady and healthy income stream. This home simply has it all. You don't want to miss out on this rare opportunity to purchase a home of this caliber.
Last Agent to Sell the Property
Better Beach Sales & Rentals, Inc. License #225370 Listed on: 05/26/2022
Last Buyer's Agent
Gerry Hardee
Landmark Sotheby's International Realty
Home Details
Home Type
- Single Family
Year Built
- Built in 2003
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 49 x147x51x147
- Fenced Yard
- Decorative Fence
- Corner Lot
- Irrigation
- Property is zoned R-7
Property Views
- Ocean
- Canal
Home Design
- Wood Frame Construction
- Architectural Shingle Roof
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,128 Sq Ft Home
- 3-Story Property
- Furnished
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Formal Dining Room
- Attic Access Panel
Kitchen
- Gas Oven
- Built-In Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
- Storm Windows
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- 1 Attached Carport Space
- Driveway
- Paved Parking
Eco-Friendly Details
- Energy-Efficient Doors
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Ocean Side of Freeway
- Deck
- Covered Patio or Porch
- Outdoor Gas Grill
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Fuel Tank
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 234nc020
Community Details
Overview
- No Home Owners Association
- W. Long Beach Subdivision
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2022
Closed on
Aug 10, 2022
Sold by
Beeson and Jennifer
Bought by
Roberts Rental Llc
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Gerry Hardee
Landmark Sotheby's International Realty
List Price
$1,199,000
Sold Price
$1,137,500
Premium/Discount to List
-$61,500
-5.13%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,006
Avg. Annual Appreciation
2.39%
Original Mortgage
$532,500
Outstanding Balance
$450,683
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$772,823
Purchase Details
Listed on
Jun 4, 2020
Closed on
Jul 10, 2020
Sold by
Giannatasio Nicholas and Giannatasio Dale
Bought by
Beeson Troy and Hellinger Jennifer
Seller's Agent
Team Krueger
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Team Krueger
Coldwell Banker Sea Coast Advantage
List Price
$720,000
Sold Price
$700,000
Premium/Discount to List
-$20,000
-2.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.95%
Original Mortgage
$510,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 22, 2017
Closed on
Oct 10, 2017
Sold by
Horn Pamela I Van and Horn William W Van
Bought by
Giannatasio Nicholas and Giannatasio Dale
Seller's Agent
Cathy Riddle
RE/MAX at the Beach / Oak Island
Buyer's Agent
Leah Rasa Love
Oak Island Real Estate Company, Inc.
List Price
$575,000
Sold Price
$509,900
Premium/Discount to List
-$65,100
-11.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$407,900
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 1, 2002
Bought by
Vanhorn Pamela I
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roberts Rental Llc | $1,137,500 | -- | |
| Beeson Troy | $70,000 | None Available | |
| Giannatasio Nicholas | $510,000 | None Available | |
| Vanhorn Pamela I | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roberts Rental Llc | $532,500 | |
| Previous Owner | Beeson Troy | $510,000 | |
| Previous Owner | Giannatasio Nicholas | $407,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/13/2022 09/13/22 | Sold | $1,137,500 | -5.1% | $535 / Sq Ft | |
| 07/26/2022 07/26/22 | Pending | -- | -- | -- | |
| 05/26/2022 05/26/22 | For Sale | $1,199,000 | +71.3% | $563 / Sq Ft | |
| 07/10/2020 07/10/20 | Sold | $700,000 | -2.8% | $331 / Sq Ft | View Prior Sale |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- | |
| 06/04/2020 06/04/20 | For Sale | $720,000 | +41.2% | $340 / Sq Ft | |
| 10/10/2017 10/10/17 | Sold | $509,900 | -11.3% | $240 / Sq Ft | View Prior Sale |
| 07/28/2017 07/28/17 | Pending | -- | -- | -- | |
| 06/22/2017 06/22/17 | For Sale | $575,000 | -- | $270 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | -- | $976,610 | $405,000 | $571,610 |
| 2024 | $4,246 | $976,610 | $405,000 | $571,610 |
| 2023 | $3,125 | $976,610 | $405,000 | $571,610 |
| 2022 | $3,065 | $526,610 | $185,000 | $341,610 |
| 2021 | $3,065 | $526,610 | $185,000 | $341,610 |
| 2020 | $3,015 | $526,610 | $185,000 | $341,610 |
| 2019 | $2,894 | $185,000 | $185,000 | $0 |
| 2018 | $2,416 | $412,500 | $175,000 | $237,500 |
| 2017 | $2,416 | $175,000 | $175,000 | $0 |
| 2016 | $2,366 | $175,000 | $175,000 | $0 |
| 2015 | $2,804 | $496,020 | $175,000 | $321,020 |
| 2014 | $2,708 | $519,790 | $300,000 | $219,790 |
Source: Public Records
Agents Affiliated with this Home
-
John Hamilton
-
G
Buyer's Agent in 2022
Gerry Hardee
Landmark Sotheby's International Realty
-
Team Krueger
Seller's Agent in 2020
Team Krueger
Coldwell Banker Sea Coast Advantage
(910) 279-0990
21 in this area
179 Total Sales
-
Cathy Riddle
Seller's Agent in 2017
Cathy Riddle
RE/MAX
(910) 523-1740
70 in this area
126 Total Sales
-
L
Buyer's Agent in 2017
Leah Rasa Love
Oak Island Real Estate Company, Inc.
-
Rasa Love
R
Buyer's Agent in 2017
Rasa Love
Ivester Jackson Christie's
(910) 300-5140
9 in this area
131 Total Sales
Map
Source: Hive MLS
MLS Number: 100330228
APN: 234NC020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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