NOT LISTED FOR SALE

111 Lucas Cove Oak Island, NC 28465

Estimated Value: $1,092,000 - $1,406,000

3 Beds
2.5 Baths
2,012 Sq Ft
$656/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $786,248 $391 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,375/month

12 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Deep Water Access
  • Southport Elementary School Rated 9+
  • Boat Slip
  • Intracoastal View

About This Home

As of December 2020

Check out Oak Island's newest luxury waterfront community Lucas Cove! Located off East Yacht Drive on Lucas Cove Way, these Intracoastal waterway lovelies will turn your head. Boaters and fishermen take note ....... each house comes with its own 42' x 16' slip & boat lift. As you enter the community this beauty, Lot #10 down on the right, is just what you need. All the high finishes you would expect in a luxury coastal home metal roof, Hardi siding, sod & landscaping that includes irrigation. Interior features include elevator, hardwood & tile floors, stainless steel appliances, and more. This single level 3-bedroom, 2.5-bath cottage awaits. Simply sit on your porch, rock your worries away and let Lucas Cove be your destination.

Last Agent to Sell the Property

Lynn Gulledge

Keller Williams Innovate-OKI Listed on: 05/21/2020

Keller Williams Innovate-OKI

Last Buyer's Agent

Edith Surratt

Real Broker LLC License #318144

Real Broker LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 62' x 158' x 61' x 204'
  • Property fronts a marsh
  • Cul-De-Sac
  • Irrigation
  • Property is zoned R6

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,012 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Intracoastal Views

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Outdoor Shower
  • Deep Water Access
  • Boat Lift
  • Boat Slip
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 236pp010

Community Details

Overview

  • The Village At Lucas Cove Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2020
  • Road Frontage Type: Marsh Front
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Walk-In Closet, Elevator, Pantry, Ceiling Fan(s), 9Ft+ Ceilings
  • Laundry Location: Hall, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 385.19
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 2012.00
  • Total Heated Primary Separate Sq Ft: 2012.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Irrigation System
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained, Paved
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Refrigerator, Washer, Stove/Oven - Electric, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Tankless

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Sidewalk, Maint - Comm Areas, Maint - Roads, Maint - Grounds, Boat Slip - Assign
  • HOAAssociationFee1Year: 1680.00

Lot Info

  • Deed Page: 996.00
  • Lot Acres: 0.23
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 62' x 158' x 61' x 204'
  • Lot Sq Ft: 10019.00
  • Lot Water Features: Boat Dock, Water Depth 4+, Boat Slip, Boat Lift
  • Zoning: R6
  • Lot View Type: ICW View

Green Features

  • Green Bldg Features: LED Lighting, Tankless Water Heater

Tax Info

  • Tax Identifier: 236pp010
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
Bavaro Michael Joseph and Bavaro Margaret Anne
Bought by
Loisel Heather
Current Estimated Value
$1,320,075

Purchase Details

Listed on
May 21, 2020
Closed on
Dec 22, 2020
Sold by
C & D Homes Llc
Bought by
Bavaro Michael Joseph and Bavaro Margaret Anne
Seller's Agent
Lynn Gulledge
Keller Williams Innovate-OKI
Buyer's Agent
Edith Surratt
Real Broker LLC
List Price
$775,000
Sold Price
$786,248
Premium/Discount to List
$11,248
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$510,400
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Loisel Heather $1,425,000 None Listed On Document
Bavaro Michael Joseph $786,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bavaro Michael Joseph $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $786,248 +1.5% $391 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $775,000 -- $385 / 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 -- $970,950 $350,000 $620,950
2024 $3,909 $970,950 $350,000 $620,950
2023 $2,560 $970,950 $350,000 $620,950
2022 $2,560 $453,240 $125,000 $328,240
2021 $2,530 $453,240 $125,000 $328,240
2020 $669 $125,000 $125,000 $0
2019 $669 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100218524

Hive MLS

APN: 236PP010