Seller's Agent in 2023
Kim Anderson
Art Skipper Realty Inc.
(910) 269-3334
548 in this area
828 Total Sales
1125 E Beach Dr Oak Island, NC 28465
Estimated Value: $2,169,000 - $2,316,957
3
Beds
2
Baths
1,000
Sq Ft
$2,243/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Ocean Front
- Fitness Center
- Southport Elementary School Rated 9+
- Golf Course Community
- Ocean Side of Freeway
About This Home
As of May 2023Income producer with over $80,000. per year gross rents. REBUILD area per recent survey; many oceanfront's do not have any rebuildable area. This classic oceanfront cottage pairs the wistful wisp of nostalgia with modern day coastal charm while sitting on a nicely vegetated oceanfront lot. The exposed ceiling beams and painted wood panels pop against crisp white and vibrant hues. The practical floor plan of yesteryear continues to be a beach house favorite today, with generous sized bedrooms an open kitchen and living area with ocean side deck and views of plenty. Envision seafood feasts, game nights, afternoon naps and late night talks, all in tune with the rhythm of the sea. Are you ready for beach life? This one is furnished and has an excellent rental income of $80137. last year & lots of reservations already this year, Hurry and get your offer in now if you want to block out the time you need to start making new memories for yourself! The Town of Oak Island offers numerous amenities such as golf, tennis, basketball, picnic area, boat launches public docks and water access, yet no HOA fees! This home has lots of numerous improvements and truly is a Must SEA! Limited showing times due to high demand rental.
Last Agent to Sell the Property
Art Skipper Realty Inc. License #142880 Listed on: 03/01/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1963
Lot Details
- 1,000 Sq Ft Lot
- Lot Dimensions are 50 x190
- Ocean Front
- Property is zoned R7
Home Design
- Wood Frame Construction
- Architectural Shingle Roof
- Asbestos Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Ocean Views
- Attic Access Panel
- Fire and Smoke Detector
Kitchen
- Stove
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Dryer
- Washer
Parking
- Covered Parking
- On-Site Parking
- Off-Street Parking
Accessible Home Design
- Accessible Ramps
Outdoor Features
- Outdoor Shower
- Ocean Side of Freeway
- Deck
- Covered Patio or Porch
Schools
- Southport Elementary School
- South Brunswick Middle School
- South Brunswick High School
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 235pd011
Community Details
Overview
- No Home Owners Association
Recreation
- Community Beach Access
- Marina
- Golf Course Community
- Tennis Courts
- Community Basketball Court
- Pickleball Courts
- Community Playground
- Fitness Center
- Dog Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2019
Closed on
Jul 9, 2019
Sold by
Chambers Gaylan J and Chambers Paula L
Bought by
Pookie Property Holdings Llc
Seller's Agent
Cathy Riddle
RE/MAX at the Beach / Oak Island
Buyer's Agent
Bradley Walton
REAL Broker LLC
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,529,987
Avg. Annual Appreciation
30.54%
Purchase Details
Closed on
May 31, 2011
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Chambers Gaylan J and Chambers Paula L
Purchase Details
Closed on
Apr 7, 2011
Sold by
Neely Robert K
Bought by
The Bank Of New York Mellon Trust Compan
Purchase Details
Closed on
May 10, 2006
Sold by
Hunt Roger B and Hunt Allison S
Bought by
Neely Robert K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,680
Interest Rate
8.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pookie Property Holdings Llc | $400,000 | None Available | |
| Chambers Gaylan J | $250,000 | None Available | |
| The Bank Of New York Mellon Trust Compan | $224,000 | None Available | |
| Neely Robert K | $560,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Neely Robert K | $447,680 | |
| Previous Owner | Neely Robert K | $55,960 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $885,000 | -4.3% | $885 / Sq Ft | |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- | |
| 03/28/2023 03/28/23 | For Sale | $925,000 | 0.0% | $925 / Sq Ft | |
| 03/07/2023 03/07/23 | Pending | -- | -- | -- | |
| 03/01/2023 03/01/23 | For Sale | $925,000 | +131.3% | $925 / Sq Ft | |
| 07/10/2019 07/10/19 | Sold | $400,000 | -5.9% | $444 / Sq Ft | View Prior Sale |
| 06/17/2019 06/17/19 | Pending | -- | -- | -- | |
| 04/30/2019 04/30/19 | For Sale | $425,000 | -- | $472 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $2,217 | $1,690,710 | $575,000 | $1,115,710 |
| 2024 | $2,217 | $575,000 | $575,000 | $0 |
| 2023 | $1,817 | $693,210 | $575,000 | $118,210 |
| 2022 | $1,817 | $325,290 | $260,000 | $65,290 |
| 2021 | $1,817 | $325,290 | $260,000 | $65,290 |
| 2020 | $1,760 | $325,290 | $260,000 | $65,290 |
| 2019 | $1,760 | $260,000 | $260,000 | $0 |
| 2018 | $1,312 | $237,990 | $175,000 | $62,990 |
| 2017 | $1,312 | $175,000 | $175,000 | $0 |
| 2016 | $1,299 | $175,000 | $175,000 | $0 |
| 2015 | $1,299 | $237,990 | $175,000 | $62,990 |
| 2014 | $1,506 | $301,700 | $250,000 | $51,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Anderson
-
Cathy Riddle
Seller's Agent in 2019
Cathy Riddle
RE/MAX
(910) 523-1740
66 in this area
119 Total Sales
-
Bradley Walton
B
Buyer's Agent in 2019
Bradley Walton
REAL Broker LLC
6 in this area
17 Total Sales
Map
Source: Hive MLS
MLS Number: 100371894
APN: 235PD011
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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