NOT LISTED FOR SALE

111 SE 3rd St Oak Island, NC 28465

Estimated Value: $670,000 - $729,000

3 Beds
2 Baths
1,544 Sq Ft
$447/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $579,900 $376 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,855/month

15 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Vaulted Ceiling
  • Southport Elementary School Rated 9+
  • Fitness Center
  • Solid Surface Countertops

About This Home

As of November 2021

Nearing completion on Southeast Oak Island, this is a ''Must SEA!'' The General Contractor is well known as he has been building on the Island for many years. Welcome to your coastal home! Solid exterior siding in a soft coastal blue hue & front vinyl rails for charming cottage appeal. Raised ceilings with high vault & large trey in the spacious En Suite make the rooms light & airy. Ensuite has large tiled shower & oversized closet. Enjoy your free time on your front porch or rear screened porch. Outdoor shower is enclosed with hot & cold water for after beach, those fishing trips, or Everyday Showers! Your new kitchen comes equipped with stainless steel appliances, custom tile backsplash, upgraded counters, & ample cabinetry with soft close drawers. Home is outside of fema sfh flood zone so lenders do not require flood insurance. 3rd bedroom designed without a closet so you have more room for home office if needed. Hurricane impact windows should reduce both your insurance rate & worry level during storms. This home is in the ideal location on SE 3rd! Close to BEACH ACCESS and mainland bridge to grocery store, restaurants, shops and more, Town of Oak Island offers numerous amenities such as golf, tennis, splash pad, basketball, picnic area, boat launches, public docks, water accesses yet NO hoa fee

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 09/17/2021

Last Buyer's Agent

Janene Smith

The Oceanaire Realty License #313517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,536

Year Built

  • Built in 2021

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 55 x 120
  • Irrigation
  • Property is zoned R6

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 234lb00501

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,536

Year Built

Built in 2021

Lot Details

0

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: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey
  • List Price per Sq Ft: 375.58
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1544.00
  • Total Heated Primary Separate Sq Ft: 1544.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Irrigation System
  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Screened, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Other See Remarks: Parking Under House
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Sidewalk, Tennis Court(s), Street Lights, Pickleball, Restaurant, Ramp, Playground, Marina, Fitness Center, Golf Course

Lot Info

  • Deed Page: 1020.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55 x 120
  • Lot Sq Ft: 6600.00
  • Plat Book: 6
  • Plat Page: 39
  • Zoning: R6

Tax Info

  • Tax Identifier: 234lb00501
  • Tax Year: 2021

MLS Schools

  • High School2: Early College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 4, 2021
Sold by
David Wallace Home Builders Inc
Bought by
Walle Jennifer and Walle Sean
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Janene Smith
The Oceanaire Realty
List Price
$579,900
Sold Price
$579,900
Current Estimated Value
$689,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,551
Avg. Annual Appreciation
4.49%
Original Mortgage
$379,900
Outstanding Balance
$348,594
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$340,857

Purchase Details

Closed on
Feb 19, 2021
Sold by
Eaj Futures Llc
Bought by
David Wallace Home Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 18, 2018
Closed on
Jun 27, 2018
Sold by
Frye Michael and Frye Angela
Bought by
Eaj Futures Llc
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$72,500
Sold Price
$62,500
Premium/Discount to List
-$10,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.75%

Purchase Details

Closed on
May 11, 2011
Sold by
Berman Steve and Berman Michelle
Bought by
Landy Francis P and Landy Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.88%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walle Jennifer $580,000 None Available
David Wallace Home Builders Llc $75,000 None Available
Eaj Futures Llc $62,500 None Available
Landy Francis P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walle Jennifer $379,900
Previous Owner David Wallace Home Builders Llc $75,000
Previous Owner Landy Francis P $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $579,900 0.0% $376 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $579,900 +827.8% $376 / Sq Ft
06/28/2018 06/28/18 Sold $62,500 -13.8% -- View Prior Sale
06/03/2018 06/03/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $72,500 +39.4% --
05/29/2014 05/29/14 Sold $52,000 -24.6% -- View Prior Sale
05/25/2014 05/25/14 Pending -- -- --
05/06/2013 05/06/13 For Sale $69,000 -- --
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 $2,536 $611,410 $145,000 $466,410
2024 $2,536 $611,410 $145,000 $466,410
2023 $1,791 $611,410 $145,000 $466,410
2022 $1,791 $306,950 $69,000 $237,950
2021 $0 $69,000 $69,000 $0
2020 $375 $69,000 $69,000 $0
2019 $375 $69,000 $69,000 $0
2018 $207 $37,000 $37,000 $0
2017 $207 $37,000 $37,000 $0
2016 $204 $37,000 $37,000 $0
2015 $204 $37,000 $37,000 $0
2014 $227 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100291169

Hive MLS

APN: 234LB00501