NOT LISTED FOR SALE

1113 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,251,633 - $1,463,000

6 Beds
3 Baths
2,638 Sq Ft
$522/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $1,361,500 $516 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,206/month

60 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Ocean Side of Freeway
  • Southport Elementary School Rated 9+
  • RV or Boat Storage in Community
  • Deck

About This Home

As of September 2023

Come one, come all! Plenty of room here at ''The Big House'' Spacious 6 BR OCEANFRONT INCOME PRODUCER earning146k in rental income for 2022. Recent upgrades include LVP throughout, new vinyl siding and windows, 2 new A/C units and more! VIRTUAL TOUR Experience all Oak Island has to offer year round: Festivals, Live Music, Parades, Fourth of July Festivities Public Boat Ramps. Kayak Launch Skate Park, Ball fields, Splash Pad, Tennis and Pickleball Courts EV Charging Station, Fabulous restaurants, breweries and concierge services. Vacation Rental Property Showings limited to Saturday turnover appointments 11-3

Last Agent to Sell the Property

Christine Luciano

Margaret Rudd Assoc/O.I. License #297951 Listed on: 06/09/2023

Last Buyer's Agent

Cory Ellis

eXp Realty License #322666

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 50x175
  • Ocean Front
  • Property is zoned R7

Home Design

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

Interior Spaces

  • 2,638 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Golf Cart Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Open Patio

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 235pd1502

Community Details

Overview

  • No Home Owners Association
  • Long Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • RV or Boat Storage in Community
  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central, Heat Pump, Zoned
  • Deed Page: 817.00
  • Directions To Property: From Middleton Bridge take a left onto East Beach Drive Property on right.
  • Document Count: 10
  • Elementary School: Southport
  • Elementary School#2: Other
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • Green Bldg Certify: None
  • Green Bldg Features: None
  • Handicap Accessible: None
  • High School: South Brunswick
  • High School2: Early College
  • H O A: No
  • H O Aand Neighborhood Amenities: Beach Access, Dog Park, Park, Pickleball, Picnic Area, Playground, Ramp, RV/Boat Storage, Street Lights, Tennis Court(s)
  • Listing I D: 100388928
  • List Priceper Sq Ft: 530.33
  • Location Type: Island
  • Lot Acres: 0.20
  • Lot Dimensions: 50x175
  • Lot Number: 7
  • Lot Sq Ft: 8750.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island
  • Middle School: South Brunswick
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Open
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: Yes
  • Sq Ft Heated: 2638.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Long Beach
  • Tax Identifier: 235pd1502
  • Tax Year: 2023
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 2638.00
  • Water Heater: Electric
  • Year Built: 1987
  • Zoning: R7
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Flooring: LVT/LVP
  • Interior Amenities: 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Furnished, Kitchen Island
  • Laundry Location: Closet
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 6

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • On Site Pool Spa: None
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking: Golf Cart Parking
  • Garage And Parking Driveway Spaces: 6.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 2600 - 2799
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water, Sewer Connected
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Sep 9, 2023
Sold by
Lillie Matthew Robert and Lillie Christina Ann
Bought by
Flannery Investment Group Llc
Seller's Agent
Christine Luciano
Margaret Rudd Assoc/O.I.
Buyer's Agent
Cory Ellis
eXp Realty
List Price
$1,399,000
Sold Price
$1,361,500
Premium/Discount to List
-$37,500
-2.68%
Views
248
Current Estimated Value
$1,377,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,908
Avg. Annual Appreciation
0.51%
Original Mortgage
$825,000
Outstanding Balance
$807,924
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$569,484

Purchase Details

Closed on
Feb 18, 2022
Sold by
Robert Lillie Matthew and Robert Ann Christina
Bought by
Lillie Rental Properties Llc

Purchase Details

Listed on
Oct 2, 2020
Closed on
Apr 9, 2021
Sold by
Abernathy Todd and Abernathy Stacey
Bought by
Lillie Matthew Robert and Lillie Christina Ann
Seller's Agent
Elvira Ruebel-gilbert
Margaret Rudd Assoc/Sp
Buyer's Agent
Christine Luciano
DBA Carolinas Connect Realty
List Price
$924,999
Sold Price
$895,000
Premium/Discount to List
-$29,999
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$716,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2013
Sold by
Todd Abernathy Construction Llc
Bought by
Abernathy Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,404
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2008
Sold by
Abernathy Todd F and Abernathy Stacey D
Bought by
Todd Abernathy Construction Llc

Purchase Details

Closed on
Apr 11, 2008
Sold by
Crumley David and Crumley Kathleen
Bought by
Abernathy Todd F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.22%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flannery Investment Group Llc $1,361,500 None Listed On Document
Lillie Matthew Robert -- None Listed On Document
Lillie Rental Properties Llc -- Geddings & Kleva Pllc
Lillie Matthew Robert $895,000 None Available
Abernathy Todd -- Servicelink
Todd Abernathy Construction Llc -- None Available
Abernathy Todd F $620,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lillie Matthew Robert $825,000
Previous Owner Lillie Matthew Robert $716,000
Previous Owner Abernathy Todd $391,404
Previous Owner Abernathy Todd F $141,000
Previous Owner Abernathy Todd F $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $1,361,500 -2.7% $516 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $1,399,000 0.0% $530 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $1,399,000 +56.3% $530 / Sq Ft
04/12/2021 04/12/21 Sold $895,000 -3.2% $339 / Sq Ft View Prior Sale
03/12/2021 03/12/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $924,999 -- $351 / 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 -- $1,009,130 $575,000 $434,130
2024 $43 $1,009,130 $575,000 $434,130
2023 $3,296 $1,009,130 $575,000 $434,130
2022 $0 $559,170 $260,000 $299,170
2021 $3,264 $559,170 $260,000 $299,170
2020 $3,264 $559,170 $260,000 $299,170
2019 $3,264 $260,000 $260,000 $0
2018 $2,522 $420,520 $175,000 $245,520
2017 $2,522 $175,000 $175,000 $0
2016 $2,472 $175,000 $175,000 $0
2015 $2,472 $420,520 $175,000 $245,520
2014 $2,169 $408,070 $250,000 $158,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100388928

Hive MLS

APN: 235PD01502