NOT LISTED FOR SALE

1111 E Beach Dr Oak Island, NC 28465

Estimated Value: $893,414 - $1,245,000

4 Beds
2 Baths
1,501 Sq Ft
$678/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $290,000 $193 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $5,835/month

63 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Dining Room
  • Wood Flooring
  • Porch
  • Ceiling Fan

About This Home

As of October 2012

Great oceanfront home. Enjoy expansive views of the Atlantic from the upper deck or lower deck. Home performed well on the rental market for 2010 and 2011. This is an unbuildable lot at this time.

Last Agent to Sell the Property

David Berne

Atlantic Realty Professionals, Inc License #169481 Listed on: 07/26/2012

Last Buyer's Agent

Hamilton Young & Riddle

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 52x170x50x167
  • Ocean Front

Home Design

  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,501 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Dining Room
  • Ocean Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • East Beach Subdivision

Listing and Financial Details

  • Tax Lot L-6

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One and One Half
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 213.26
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1501.00
  • Total Heated Primary Separate Sq Ft: 1501.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Utilities

  • Appliances Equipment: See Remarks
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 37.00
  • Lot Dimensions: 52X170X50X167
  • Lot Number: L-6
  • Special Assessments: Confirmed
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2012
Closed on
Oct 3, 2012
Sold by
Beebe Raymond and Beebe Valerie
Bought by
Sickel William Louise and Sickel Linda Regner
Seller's Agent
David Berne
Atlantic Realty Professionals, Inc
Buyer's Agent
Hamilton Young & Riddle
Intracoastal Realty Corp
List Price
$320,100
Sold Price
$290,000
Premium/Discount to List
-$30,100
-9.4%
Current Estimated Value
$1,017,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,354
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Sep 22, 2005
Sold by
Tooker Shannon Layne and Tooker Betty N
Bought by
Beebe Raymond and Beebe Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Sickel William Louise $290,000 None Available
Beebe Raymond $699,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beebe Raymond $559,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $290,000 -9.4% $193 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
07/26/2012 07/26/12 For Sale $320,100 -- $213 / 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 -- $894,320 $575,000 $319,320
2024 $3,640 $894,320 $575,000 $319,320
2023 $2,566 $894,320 $575,000 $319,320
2022 $0 $445,180 $260,000 $185,180
2021 $0 $445,180 $260,000 $185,180
2020 $2,511 $445,180 $260,000 $185,180
2019 $2,511 $260,520 $260,000 $520
2018 $1,925 $175,540 $175,000 $540
2017 $1,920 $175,540 $175,000 $540
2016 $1,900 $175,540 $175,000 $540
2015 $1,895 $334,060 $175,000 $159,060
2014 $1,903 $373,749 $250,000 $123,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20667313

Hive MLS

APN: 235PD01602