NOT LISTED FOR SALE

Oak Island, NC 28465

Estimated Value: $346,000 - $412,000

2 Beds
1 Bath
756 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $96,000 $127 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $2,046/month

30 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Family Room
  • Southport Elementary School Rated 9+
  • Forced Air Heating and Cooling System
  • 2-minute walk to Oak Island Park

About This Home

As of August 2012

***Highest and Best Multiple Offers are due Tuesday Jul 17, 2012 at 12:25 PM. The seller will not consider any offers rcvd after this time.*** This cute cottage lies in the shadow of ancient oaks and gentle sea breezes. From the enclosed front porch, this quaint beach cottage beckons beach lovers to enjoy the sun and salty air. Inside, many extra special touches are lovely. to save space and energy, this home has a tankless water heater. Whether this is your primary residence, or home away from home, this cottage stands as your place at the beach. This home is convenient to the new bridge and is a two minute drive to shopping and professional offices in the downtown section of Oak Island. Miles and miles of beautiful beaches are a short walk from your front door. This property

Last Agent to Sell the Property

Clinton Howlett, Jr

CENTURY 21 Brock & Associates Listed on: 06/28/2012

Last Buyer's Agent

Faye Brock

CENTURY 21 Brock & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1959

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 55x122
  • Property is zoned R-6A

Parking

  • 1 Attached Carport Space

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 756 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Crawl Space

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 3483

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,071

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1959
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Fireplace: None
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 600 - 799
  • List Price per Sq Ft: 121.69
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Family Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 756.00
  • Total Heated Primary Separate Sq Ft: 756.00

Exterior Features

  • Foundation: Crawl Space
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Carport

Utilities

  • Cooling System: Central
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 163.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55x122
  • Lot Number: 3483
  • Lot Sq Ft: 6708.00
  • Special Assessments: $4200 Sewer assessment plus in
  • Zoning: R-6A

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Jul 31, 2012
Sold by
Federal National Mortgage Association
Bought by
Simpson Steven D and Simpson Starr L
Seller's Agent
Clinton Howlett, Jr
CENTURY 21 Brock & Associates
Buyer's Agent
Faye Brock
CENTURY 21 Brock & Associates
List Price
$92,000
Sold Price
$96,000
Premium/Discount to List
$4,000
4.35%
Current Estimated Value
$370,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,095
Avg. Annual Appreciation
10.81%
Original Mortgage
$86,400
Outstanding Balance
$59,600
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$310,495

Purchase Details

Closed on
Mar 13, 2012
Sold by
Murph Daniel E
Bought by
Federal National Mortgage Association and Fannie Mae
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
Simpson Steven D -- None Available
Federal National Mortgage Association $151,858 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Steven D $86,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $96,000 +4.3% $127 / Sq Ft
07/28/2012 07/28/12 Pending -- -- --
06/28/2012 06/28/12 For Sale $92,000 -- $122 / 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 $1,071 $254,070 $165,000 $89,070
2024 $1,071 $254,070 $165,000 $89,070
2023 $648 $254,070 $165,000 $89,070
2022 $648 $106,350 $63,000 $43,350
2021 $633 $106,350 $63,000 $43,350
2020 $621 $106,350 $63,000 $43,350
2019 $621 $63,970 $63,000 $970
2018 $507 $41,050 $40,000 $1,050
2017 $507 $41,050 $40,000 $1,050
2016 $495 $41,050 $40,000 $1,050
2015 $495 $84,710 $40,000 $44,710
2014 $462 $85,485 $45,000 $40,485
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Clinton Howlett, Jr

    CENTURY 21 Brock & Associates

  • F

    Buyer's Agent in 2012

    Faye Brock

    CENTURY 21 Brock & Associates

See All Agents

Source: Hive MLS

MLS Number: 30478646

Hive MLS

APN: 235MJ016

North Carolina Brunswick County Oak Island

28465

This home since 28 June 2012 and is currently estimated at $370,095, approximately $489 per square foot. This property was built in 1959. This home is a home located in Brunswick County with nearby schools including Southport Elementary School, South Brunswick Middle School, and South Brunswick High School.

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