NOT LISTED FOR SALE

113 E Beach Dr Oak Island, NC 28465

Estimated Value: $733,285 - $1,102,000

4 Beds
2.5 Baths
1,750 Sq Ft
$552/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $608,000 $347 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,057/month

76 Days on Market

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • Balcony

About This Home

As of September 2019

Welcome to ''Abbey Road'' - a bright, open, recently updated 2-level OCEANFRONT home w/4 bedrooms, 2.5 baths & cathedral ceiling on a developable lot per new Dec. 2018 survey. Spacious screened porch offers both sunrise & sunset views over the ocean! Well-maintained & beautifully furnished w/granite counters, stainless appliances & wet bar. Great for large or 2-family rental w/Jack & Jill bathrooms separating bedrooms on each floor & upstairs den w/second TV for ''kiddie fun time''. Excellent location - a block from Middleton Street, Beach Pantry & easy access on & off the island over Swain's Cut Bridge. Sellers have used as second home & lucrative short-term rental - 2018 income of $45,220 in less than 5 months! Secondary dune construction by home & sand fencing installed by owners.

Last Agent to Sell the Property

Katherine Hufham

Southport Realty, Inc Listed on: 04/12/2019

Last Buyer's Agent

Tim Bush

Coldwell Banker Sea Coast Advantage-Leland License #296859

Coldwell Banker Sea Coast Advantage-Leland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 153 x 50 x 153
  • Ocean Front
  • Dunes

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 234me01701

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Auction: No
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central, Zoned
  • Deed Page: 749.00
  • Directions To Property: From Swain's Cut Bridge, go straight on Middleton Street to E. Beach Drive. Make left on E. Beach Drive. Home on right.
  • Document Count: 9
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100160058
  • List Priceper Sq Ft: 357.09
  • Location Type: Island
  • Lot Acres: 0.18
  • Lot Description: Dunes
  • Lot Dimensions: 50 x 153 x 50 x 153
  • Lot Number: 9
  • Lot Sq Ft: 7841.00
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Porch, Screened
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • School District: Brunswick
  • 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: 1750.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: Two
  • Subdivision: Long Beach
  • Tax Identifier: 234me01701
  • Tax Year: 2018
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 1450.40
  • Total Heated Primary Separate Sq Ft: 1750.00
  • Un Branded Virtual Tour: https://tours.portcityimages.com/1001258?idx=1
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1983
  • Zoning: Residential
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Wet Bar, Walk-in Shower, Blinds/Shades, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Wood Siding
  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking Other See Remarks: Under house
  • Parking Driveway: Off Street, On Site

Utilities

  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump, Zoned
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Lee Barbara Jean
Bought by
Lee Barbara Jean and Parker Colleen Bush
Current Estimated Value
$966,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Outstanding Balance
$142,858
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$823,963

Purchase Details

Listed on
Apr 12, 2019
Closed on
Sep 5, 2019
Sold by
Morgan Stephen J and Morgan Patricia G
Bought by
Lee Barbara Jean and Parker Collen Linda
Seller's Agent
Katherine Hufham
Southport Realty, Inc
Buyer's Agent
Tim Bush
Coldwell Banker Sea Coast Advantage-Leland
List Price
$624,900
Sold Price
$608,000
Premium/Discount to List
-$16,900
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$433,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2007
Sold by
B D & H Ltd
Bought by
Brown Ledley N and Hinds Frank D

Purchase Details

Closed on
Mar 1, 1994
Bought by
Morgan Stephen J Et Patricia G
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
Lee Barbara Jean -- None Available
Lee Barbara Jean -- None Available
Lee Barbara Jean -- None Listed On Document
Lee Barbara Jean $608,000 None Available
Brown Ledley N $120,000 None Available
Morgan Stephen J Et Patricia G $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Barbara Jean $157,000
Closed Lee Barbara Jean $157,000
Previous Owner Lee Barbara Jean $433,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $608,000 -2.7% $347 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $624,900 -- $357 / 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 -- $566,640 $225,000 $341,640
2024 $24 $566,640 $225,000 $341,640
2023 $2,636 $566,640 $225,000 $341,640
2022 $2,636 $467,850 $260,000 $207,850
2021 $0 $467,850 $260,000 $207,850
2020 $2,581 $467,850 $260,000 $207,850
2019 $2,614 $260,000 $260,000 $0
2018 $2,010 $352,720 $175,000 $177,720
2017 $1,977 $175,000 $175,000 $0
2016 $1,952 $175,000 $175,000 $0
2015 $1,936 $349,660 $175,000 $174,660
2014 $1,922 $371,540 $250,000 $121,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100160058

Hive MLS

APN: 234ME01701