NOT LISTED FOR SALE

109 NE 50th St Oak Island, NC 28465

Estimated Value: $339,000 - $496,000

2 Beds
1 Bath
1,136 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $165,000 $145 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,458/month

8 Days on Market

Highlights

  • Ocean View
  • Wooded Lot
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • 5-minute walk to Oak Island Park

About This Home

As of June 2017

Island home with large, fully screened in front porch that catches the ocean breeze and ocean view; rocking chair ready! Two bedroom, one bath home with large addition on the back. (Addition was not permitted when remodeled by the previous owner in 2000). Addition includes family room, master bedroom with walk in closet, second bath with walk in shower. Parquet floors in entryway, dining room and kitchen. Gas range. laundry closet with washer & dryer. Detached storage building for tools & toys. Coastal country furnishings convey with some exceptions. Shady lot with hard woods and grassy backyard, easily maintained landscaping. Must see to appreciate.

Last Agent to Sell the Property

Jack Royal

Margaret Rudd Assoc/O.I. License #188499 Listed on: 05/29/2017

Co-Listed By

Betty Jo Ellender

Margaret Rudd Assoc/O.I. License #240866

Last Buyer's Agent

Hank Troscianiec & Associates

Keller Williams Innovate-OKI

Keller Williams Innovate-OKI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 6,600 Sq Ft Lot
  • Wooded Lot
  • Property is zoned R6A

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Carpet
  • Ocean Views
  • Crawl Space
  • Fire and Smoke Detector

Bedrooms and Bathrooms

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

Parking

  • Unpaved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 235mm01001

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 149.56
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1136.00
  • Total Heated Primary Separate Sq Ft: 1136.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Tile
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Off Street, Unpaved, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1093.00
  • Lot Acres: 0.15
  • Lot Description: Wooded
  • Lot Dimensions: 55/120
  • Lot Sq Ft: 6600.00
  • Plat Book: 5/62
  • Plat Page: 62A
  • Zoning: R6A
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 235mm01001
  • Tax Year: 2017

MLS Schools

  • Elementary School #2: Southport
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2017
Closed on
Jun 16, 2017
Sold by
Smith Richard L and Smith Vicki S
Bought by
Ortiz Israel and Ortiz Alberta
Seller's Agent
Jack Royal
Margaret Rudd Assoc/O.I.
Buyer's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
List Price
$170
Sold Price
$165,000
Premium/Discount to List
$164,830
97015.95%
Current Estimated Value
$440,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,595
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Oct 1, 2001
Bought by
Smith Richard L
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
Ortiz Israel $165,000 None Available
Smith Richard L $81,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $165,000 +97016.0% $145 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/29/2017 05/29/17 For Sale $170 -- $0 / 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 -- $352,150 $165,000 $187,150
2024 $1,545 $352,150 $165,000 $187,150
2023 $987 $352,150 $165,000 $187,150
2022 $0 $153,720 $63,000 $90,720
2021 $0 $153,720 $63,000 $90,720
2020 $646 $153,720 $63,000 $90,720
2019 $932 $63,850 $63,000 $850
2018 $671 $41,020 $40,000 $1,020
2017 $671 $41,020 $40,000 $1,020
2016 $646 $41,020 $40,000 $1,020
2015 $646 $103,980 $40,000 $63,980
2014 $583 $100,005 $45,000 $55,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100065743

Hive MLS

APN: 235MM01001