NOT LISTED FOR SALE

116 NW 16th St Oak Island, NC 28465

Estimated Value: $506,000 - $602,000

4 Beds
3 Baths
1,657 Sq Ft
$333/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $258,000 $156 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,069/month

356 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Screened Patio

About This Home

As of August 2019

Here is a first, I am writing remarks not to reach the masses interested in owning a house in Oak Island. I am addressing the person that loves different, loves quality, the person that does not want to be the same as everyone else. First time offered to the public for sale this rare, four bedroom three bath house situated on two lots is truly a must see property, the pictures do not do it justice. Virtually everything you can touch is new. Be prepared for the word NEW. Let's start; new roof and heat pump, all windows new, all doors interior and exterior are new. New whirlpool stainless steel appliances. Level 3 granite kitchen counters and bathroom vanity tops. New all wood kitchen cabinets and bath vanities. New lighting fixtures, new designer paint colors. Beautiful, new hard surface

Last Agent to Sell the Property

Steve Toop

United Brokers LTD License #130828 Listed on: 07/20/2018

Last Buyer's Agent

Tamera Davis

Real Broker LLC License #291767

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1978

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 109x120x109x119
  • Chain Link Fence
  • Property is zoned OK-R-6A

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,657 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 234fi037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: See Remarks, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, See Remarks
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Walk-in Shower
  • Laundry Location: Hookup - Washer
  • List Price per Sq Ft: 162.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Sq Ft Heated: 1657.00
  • Total Heated Primary Separate Sq Ft: 1657.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Chain Link
  • Foundation: Brick/Mortar
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, See Remarks, Screened, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central, See Remarks
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 431.00
  • Lot Acres: 0.30
  • Lot Dimensions: 109x120x109x119
  • Lot Sq Ft: 13068.00
  • Lot Water Features: None
  • Zoning: OK-R-6A

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 234fi037
  • Tax Year: 2017

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 8, 2019
Sold by
Contender Properties Llc
Bought by
Smith Montgomery B
Seller's Agent
Steve Toop
United Brokers LTD
Buyer's Agent
Tamera Davis
Real Broker LLC
List Price
$319,000
Sold Price
$258,000
Premium/Discount to List
-$61,000
-19.12%
Current Estimated Value
$552,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,038
Avg. Annual Appreciation
13.05%
Original Mortgage
$219,300
Outstanding Balance
$192,066
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$359,972

Purchase Details

Closed on
Sep 12, 2017
Sold by
Martin Shirley B and Martin James L
Bought by
Contender Properties Llc

Purchase Details

Closed on
Aug 1, 2004
Bought by
Martin James Lawrence
Source: Public Records

Range of Values:

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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
Smith Montgomery B $258,000 None Available
Contender Properties Llc $129,100 None Available
Martin James Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Montgomery B $219,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $258,000 -19.1% $156 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/20/2018 07/20/18 For Sale $319,000 -- $193 / 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 $2,086 $493,840 $187,500 $306,340
2024 $2,086 $493,840 $187,500 $306,340
2023 $1,555 $493,840 $187,500 $306,340
2022 $1,555 $261,910 $87,000 $174,910
2021 $1,525 $261,910 $87,000 $174,910
2020 $1,500 $261,910 $87,000 $174,910
2019 $1,324 $90,650 $87,000 $3,650
2018 $1,145 $59,500 $55,500 $4,000
2017 $1,145 $59,500 $55,500 $4,000
2016 $1,120 $59,500 $55,500 $4,000
2015 $1,120 $194,330 $55,500 $138,830
2014 $928 $171,689 $67,500 $104,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100126520

Hive MLS

APN: 234FI037