NOT LISTED FOR SALE

116 NW 7 St Oak Island, NC 28465

Estimated Value: $603,000 - $755,000

3 Beds
2 Baths
1,501 Sq Ft
$451/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $245,000 $163 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $3,776/month

146 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Screened Patio

About This Home

As of March 2014

Wonderful new construction, builder is local and well known. Large home with 9 ft. ceilings, hardwood floors, granite counter tops, SS appliances, impact windows and ceramic tile in baths. Landscaped, well & irrigation system. Gutters! Storage room has double doors for easy parking of golf cart. Enjoy close access to beach from Middleton, and the new west end bridge. This home is beautiful and just waiting for a new family to enjoy. Actual square footage is 1515.

Last Agent to Sell the Property

Diane Eller

Oak Island Realty, Inc. License #205800 Listed on: 09/14/2013

Last Buyer's Agent

Catherine Riddle

Better Beach Sales & Rentals, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $227

Year Built

  • Built in 2013

Lot Details

  • 6,540 Sq Ft Lot
  • Lot Dimensions are 55x118
  • Irrigation

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,501 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room

Kitchen

  • Built-In Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 205614236887

Home Details

Home Type

Single Family

Est. Annual Taxes

$227

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Ceiling Fan(s)
  • List Price per Sq Ft: 169.89
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 1 Level: 1DDITPS1R1GD
  • Bedroom 2 Level: 1DDITPY63ROL
  • Primary Bedroom Level: 1DDITTREWRIG
  • Sq Ft Heated: 1501.00
  • Total Heated Primary Separate Sq Ft: 1501.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Screened, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1073.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55X118
  • Lot Number: 71
  • Lot Sq Ft: 6540.00
  • Zoning: Residential

Green Features

  • Green Bldg Features: Energy Star Appl

Tax Info

  • Tax Identifier: 205614236887
  • Tax Year: 2012
  • Total City Real Estate Property Tax: 227.00
  • Total Real Estate Property Taxes: 227.00

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2013
Closed on
Mar 4, 2014
Sold by
Crouch Jeff and Crouch Leanne
Bought by
Love Ian G and Love Leslie Ann
Seller's Agent
Diane Eller
Oak Island Realty, Inc.
Buyer's Agent
Catherine Riddle
Better Beach Sales & Rentals, Inc.
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$677,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,118
Avg. Annual Appreciation
9.12%
Original Mortgage
$145,000
Outstanding Balance
$42,881
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$634,237

Purchase Details

Closed on
Jun 29, 2012
Sold by
Island Inn Motel Llc
Bought by
Crouch Jeff

Purchase Details

Closed on
Jun 25, 2012
Sold by
Branch Banking & Trust Company
Bought by
Island Inn Motel Llc

Purchase Details

Closed on
Feb 28, 2012
Sold by
Earnhardt Builders Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Aug 19, 2005
Sold by
Cotton Frank H and Cotton Patricia L
Bought by
Earnhardt Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Crosby Charles L and Crosby Terri W
Bought by
Cotton Frank H and Cotton Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Love Ian G $245,000 None Available
Crouch Jeff -- None Available
Island Inn Motel Llc $28,000 None Available
Branch Banking & Trust Company $27,200 None Available
Earnhardt Builders Inc $180,000 None Available
Cotton Frank H $138,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Ian G $145,000
Previous Owner Earnhardt Builders Inc $144,000
Previous Owner Cotton Frank H $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $245,000 -7.5% $163 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
09/14/2013 09/14/13 For Sale $265,000 -- $177 / 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 $2,703 $602,860 $125,000 $477,860
2024 $2,703 $602,860 $125,000 $477,860
2023 $2,193 $602,860 $125,000 $477,860
2022 $0 $349,190 $58,000 $291,190
2021 $0 $349,190 $58,000 $291,190
2020 $1,306 $349,190 $58,000 $291,190
2019 $2,083 $64,450 $58,000 $6,450
2018 $1,331 $41,190 $37,000 $4,190
2017 $1,331 $41,190 $37,000 $4,190
2016 $1,306 $41,190 $37,000 $4,190
2015 $1,306 $229,740 $37,000 $192,740
2014 $1,051 $197,172 $45,000 $152,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20676993

Hive MLS

APN: 234EL050