C
Seller's Agent in 2022
Christine Cronick
Coldwell Banker Sea Coast Advantage
116 NE 48th St Oak Island, NC 28465
Estimated Value: $775,000 - $875,000
4
Beds
3
Baths
1,356
Sq Ft
$592/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- No HOA
- Southport Elementary School Rated 9+
- Main Floor Primary Bedroom
- 3-minute walk to Oak Island Park
About This Home
As of February 2022Dreaming of the perfect Beach Home? Look no further. This home is move in ready. Approximately 1/2 mile for the beach and restaurants. Tennis courts and parks are also close by. Very private backyard with a salt-water pool for your own private resort. There's even an 11 x 11 accessory building (with heat & air) perfect for a pool house. Downstairs has a full apartment great for an in-law suite or the previous owners rented for $850 per month. Garage has been finished off (with a window unit for AC and electric heater). Recent updates include: Salt-water pool, screen porch, professional landscaping including a dog run, large back deck that leads to the pool, new mini splits in the apartment, and the accessory building in 2021 and a new outdoor shower.
Last Agent to Sell the Property
Christine Cronick
Coldwell Banker Sea Coast Advantage Listed on: 01/01/2022
Last Buyer's Agent
Mary McBride
Carolina Exclusives License #290818
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,925
Year Built
- Built in 2005
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 56x121x56x121
- Wood Fence
- Irrigation
- Property is zoned R-6A
Home Design
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 1,356 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bedroom Suite
- 3 Full Bathrooms
Home Security
- Storm Windows
- Storm Doors
Parking
- 1 Car Attached Garage
- Driveway
Outdoor Features
- Outdoor Shower
- Deck
- Screened Patio
- Porch
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Tranquil Harbor Subdivision
Listing and Financial Details
- Tax Lot 13
- Assessor Parcel Number 235ml01401
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2017
Closed on
Oct 11, 2017
Sold by
Spence Gary L and Spence Gary L
Bought by
Terdik Christopher Paul and Terdik Shelia Williams
Seller's Agent
Vicki Sturgill
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Jennifer Berg
Coastal Development & Realty Oak Island
List Price
$319,000
Sold Price
$313,800
Premium/Discount to List
-$5,200
-1.63%
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
$489,455
Avg. Annual Appreciation
12.43%
Original Mortgage
$324,155
Outstanding Balance
$270,761
Interest Rate
3.82%
Mortgage Type
VA
Estimated Equity
$532,494
Purchase Details
Closed on
Mar 4, 2014
Sold by
Spence Gary and Spence Un Suk
Bought by
Spence Gary L and Revocabl Un Suk Spence
Purchase Details
Closed on
May 16, 2005
Sold by
Hitchuk Walter and Hitchuk Betty Jo
Bought by
Spence Gary and Spence Un Suk
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2005
Sold by
Brian Keith Keesee Const
Bought by
Hitchuk Walter and Hitchuk Betty Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Terdik Christopher Paul | -- | None Available | |
| Spence Gary L | -- | None Available | |
| Spence Gary | $260,000 | None Available | |
| Hitchuk Walter | $196,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terdik Christopher Paul | $324,155 | |
| Previous Owner | Spence Gary | $140,000 | |
| Previous Owner | Hitchuk Walter | $156,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/14/2022 02/14/22 | Sold | $640,000 | +2.4% | $472 / Sq Ft | |
| 01/06/2022 01/06/22 | Pending | -- | -- | -- | |
| 01/01/2022 01/01/22 | For Sale | $625,000 | +99.2% | $461 / Sq Ft | |
| 10/16/2017 10/16/17 | Sold | $313,800 | -1.6% | $237 / Sq Ft | View Prior Sale |
| 09/02/2017 09/02/17 | Pending | -- | -- | -- | |
| 08/26/2017 08/26/17 | For Sale | $319,000 | -- | $241 / 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 | $2,925 | $688,130 | $165,000 | $523,130 |
| 2024 | $2,925 | $688,130 | $165,000 | $523,130 |
| 2023 | $2,057 | $688,130 | $165,000 | $523,130 |
| 2022 | $2,057 | $357,470 | $63,000 | $294,470 |
| 2021 | $2,027 | $357,470 | $63,000 | $294,470 |
| 2020 | $1,915 | $340,910 | $63,000 | $277,910 |
| 2019 | $1,915 | $67,280 | $63,000 | $4,280 |
| 2018 | $1,553 | $45,170 | $40,000 | $5,170 |
| 2017 | $1,281 | $44,330 | $40,000 | $4,330 |
| 2016 | $1,256 | $44,330 | $40,000 | $4,330 |
| 2015 | $1,256 | $220,160 | $40,000 | $180,160 |
| 2014 | $1,046 | $196,120 | $45,000 | $151,120 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2022
Mary McBride
Carolina Exclusives
-
V
Seller's Agent in 2017
Vicki Sturgill
Coldwell Banker Sea Coast Advantage
-
J
Buyer's Agent in 2017
Jennifer Berg
Coastal Development & Realty Oak Island
Map
Source: Hive MLS
MLS Number: 100306404
APN: 235ML01401
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