$312,500
SOLD OCT 5, 2020

1102 E Beach Dr Oak Island, NC 28465

0.18 Acre
$1,736,111 Price per Acre
7,841 Sq Ft Lot

Recently Sold

1% Below List Price

197 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • No HOA
  • Ocean Side of Freeway

About This Lot

As of September 2022

RARE OPPORTUNITY to own a second row corner lot with an un-obstructed view of the ocean and direct beach access across the street. Plenty of room to build what you want and add a swimming pool. Phenomenal location with easy access on and off the island. Do not miss out!

Last Agent to Sell the Property

Edwin Burnett

Better Beach Sales & Rentals, Inc. License #300265 Listed on: 02/06/2020

Last Buyer's Agent

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,664

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Cleared Lot
  • Property is zoned OK-R-7

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 235pb022

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$5,664

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 51

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 4207
  • Deed Page: 502.00
  • Lot Description: Corner Lot
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Ocean Side, Second Row
  • Plat Book: 2.5
  • Plat Page: 244
  • Special Assessments: none known
  • Zoning: OK-R-7
  • Acres: 0.18
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1749444.44
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: 235pb022
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 2, 2022
Sold by
Mcgee Hall T and Mcgee Kerry R
Bought by
1102 East Beach Drive Llc
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Joe Prillaman
Host Help LLC
List Price
$1,750,000
Sold Price
$1,735,000
Premium/Discount to List
-$15,000
-0.86%
Views
2
Current Estimated Value
$2,003,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,376
Avg. Annual Appreciation
5.05%

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 22, 2022
Sold by
1102 E Beach Llc
Bought by
Mcgee Hall T and Mcgee Kerry R
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Joe Prillaman
Host Help LLC
List Price
$1,750,000
Sold Price
$1,735,000
Premium/Discount to List
-$15,000
-0.86%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 6, 2020
Closed on
Oct 1, 2020
Sold by
Elb Family Lp
Bought by
1102 E Beach Llc
Seller's Agent
Edwin Burnett
Better Beach Sales & Rentals, Inc.
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$314,900
Sold Price
$312,500
Premium/Discount to List
-$2,400
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.68%
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 24, 2018
Closed on
Jun 7, 2019
Sold by
Our Dream Catcher Llc
Bought by
Elb Family Lp
Seller's Agent
Brendan Gordon
Coastal Development & Realty Oak Island
Buyer's Agent
Edwin Burnett
Better Beach Sales & Rentals, Inc.
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Jul 20, 2011
Sold by
Security Savings Bank Ssb
Bought by
Our Dream Catcher Llc

Purchase Details

Closed on
Dec 9, 2010
Sold by
Redneck Farms Llc
Bought by
Security Savings Bank Ssb Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $1,750,000 --
Warranty Deed $312,500 None Available
Warranty Deed $285,000 None Available
Special Warranty Deed $175,000 None Available
Deed In Lieu Of Foreclosure -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,720,000 New Conventional
Previous Owner $848,198 Construction
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $1,735,000 -0.9% $600 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $1,750,000 +460.0% $605 / Sq Ft
10/05/2020 10/05/20 Sold $312,500 -0.8% --
08/21/2020 08/21/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $314,900 +10.5% --
06/21/2019 06/21/19 Sold $285,000 -4.7% --
04/09/2019 04/09/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $299,000 -- --
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 $5,664 $1,335,270 $445,000 $890,270
2024 $5,664 $1,335,270 $445,000 $890,270
2023 $3,400 $1,335,270 $445,000 $890,270
2022 $0 $578,970 $190,000 $388,970
2021 $1,010 $190,000 $190,000 $0
2020 $1,010 $190,000 $190,000 $0
2019 $1,010 $190,000 $190,000 $0
2018 $905 $170,000 $170,000 $0
2017 $905 $170,000 $170,000 $0
2016 $903 $170,000 $170,000 $0
2015 $903 $170,000 $170,000 $0
2014 $1,458 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100203076

Hive MLS

APN: 235PB022