NOT LISTED FOR SALE

1124 E Beach Dr Oak Island, NC 28465

Estimated Value: $774,000 - $883,000

3 Beds
2 Baths
1,001 Sq Ft
$826/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $419,000 $419 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,535/month

4 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Balcony
  • Southport Elementary School Rated 9+
  • Covered Patio or Porch
  • Laundry closet

About This Home

As of January 2021

Location, ocean views, and the beach at your doorstep all describe this second-row piling-built home on Oak Island. This 3-bedroom, 2-bathroom second row beach home is located on E. Beach Dr. and Dolphin. The convenient location is just minutes away from the Ocean Crest Pier, Island Way restaurant and two beach access points! The open floor plan provides plenty of natural light and areas for family and friend gatherings. Create your own personal space underneath the home and leave the surf and turf behind with the outdoor shower. This home is perfect for full time living, second home beach getaway or investment. Come and experience the sandy beaches of Oak Island today! All buyers and brokers please know that roof is getting replaced and ceiling inside as well as front screened in porch.

Last Agent to Sell the Property

Nolan Formalarie

Discover NC Homes License #233404 Listed on: 12/04/2020

Last Buyer's Agent

John Hamilton

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 51x151x49x151

Parking

  • Unpaved Parking

Home Design

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

Interior Spaces

  • 1,001 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Laundry closet

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 235pb01201

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 418.58
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 1981
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1001.00
  • Stories: 1.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 1001.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1000 - 1199
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Lot Info

  • Cobra Zone: No
  • Deed Page: 388.00
  • Lot Acres: 0.17
  • Lot Dimensions: 51x151x49x151
  • Lot Sq Ft: 7405.00
  • Lot Water Features: Second Row
  • Zoning: residential

Tax Info

  • Tax Identifier: 235pb01201
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 26, 2021
Sold by
Eckard Jamie Allen
Bought by
Cutler Nicola P
Seller's Agent
Nolan Formalarie
Discover NC Homes
Buyer's Agent
John Hamilton
Intracoastal Realty Corp
List Price
$419,000
Sold Price
$419,000
Current Estimated Value
$826,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,768
Avg. Annual Appreciation
14.59%
Original Mortgage
$398,050
Outstanding Balance
$355,827
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$470,941

Purchase Details

Listed on
Jan 15, 2016
Closed on
Mar 25, 2016
Sold by
Ball Gregory L and Ball Renee P
Bought by
Eckard Jamie Allen
Seller's Agent
WILLETTS Team
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Nolan Formalarie
Discover NC Homes
List Price
$274,500
Sold Price
$266,500
Premium/Discount to List
-$8,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$261,672
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cutler Nicola P $419,000 None Available
Eckard Jamie Allen $266,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutler Nicola P $398,050
Previous Owner Eckard Jamie Allen $261,672
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $419,000 0.0% $419 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $419,000 +57.2% $419 / Sq Ft
04/08/2016 04/08/16 Sold $266,500 -2.9% $266 / Sq Ft View Prior Sale
02/22/2016 02/22/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $274,500 -- $274 / Sq Ft
Source: Hive MLS

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 $2,807 $682,440 $445,000 $237,440
2024 $28 $682,440 $445,000 $237,440
2023 $1,837 $682,440 $445,000 $237,440
2022 $1,837 $315,630 $190,000 $125,630
2021 $1,807 $315,630 $190,000 $125,630
2020 $1,782 $315,630 $190,000 $125,630
2019 $1,782 $190,000 $190,000 $0
2018 $1,527 $267,050 $170,000 $97,050
2017 $1,527 $170,000 $170,000 $0
2016 $1,527 $170,000 $170,000 $0
2015 $1,527 $267,050 $170,000 $97,050
2014 $1,888 $367,230 $300,000 $67,230
Source: Public Records

Agents Affiliated with this Home

  • Nolan Formalarie

    Seller's Agent in 2021

    Nolan Formalarie

    Discover NC Homes

    (910) 477-0085

    30 in this area

    498 Total Sales

    Nolan Formalarie
    Section Image

  • J

    Buyer's Agent in 2021

    John Hamilton

    Intracoastal Realty Corp

  • W

    Seller's Agent in 2016

    WILLETTS Team

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100247923

Hive MLS

APN: 235PB01201

North Carolina Brunswick County Oak Island 28465

1124 E Beach Dr, Oak Island, NC

Not Listed for Sale

Detached

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