NOT LISTED FOR SALE

117 NE 16th St Oak Island, NC 28465

Estimated Value: $469,000 - $542,000

3 Beds
2 Baths
1,162 Sq Ft
$429/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $285,000 $245 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,762/month

64 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Screened Patio

About This Home

As of November 2020

DOUBLE LOT!! FULLY FURNISHED!! DETACHED GARAGE!! This fully furnished, Oak Island beach cottage is situated on a double lot with a detached garage and LP gas readily available. This home has 3 bedrooms and 2 full baths in addition to a newly renovated kitchen. Out back, a screened porch as well as a large deck is all ready for you to grill out with friends and family. With plenty of room in the back yard, your pups will have plenty of room to play as well! While currently a short term rental, now is the time to snatch this up along with the rental income that to accompany it it!

Last Agent to Sell the Property

Jenna Kazmierczak

Lynda Haraway Group-OKI Listed on: 07/24/2020

Last Buyer's Agent

Guy Roth

Lynda Haraway Group-OKI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot
  • Property is zoned R6

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,162 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 13&14
  • Assessor Parcel Number 235ik008

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 268.50
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1162.00
  • Total Heated Primary Separate Sq Ft: 1162.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Brick, Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Screened, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 523.00
  • Lot Acres: 0.30
  • Lot Dimensions: 110' front x 120' side x 120' side x 110' rear
  • Lot Number: 13&14
  • Lot Sq Ft: 13200.00
  • Plat Book: 5
  • Plat Page: 128
  • Zoning: R6

Tax Info

  • Tax Identifier: 235ik008
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 21, 2020
Sold by
Barbee Franklin P and Barbee Stacey
Bought by
Smith Caleb Lee and Smith Jessica Lynn
Seller's Agent
Jenna Kazmierczak
Lynda Haraway Group-OKI
Buyer's Agent
Guy Roth
Lynda Haraway Group-OKI
List Price
$312,000
Sold Price
$285,000
Premium/Discount to List
-$27,000
-8.65%
Current Estimated Value
$498,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,175
Avg. Annual Appreciation
12.02%
Original Mortgage
$256,500
Outstanding Balance
$227,727
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$270,448

Purchase Details

Closed on
May 15, 2015
Sold by
Barbee Franklin P and Barbee Stacey
Bought by
Barbee Franklin P and Barbee Stacey

Purchase Details

Closed on
Jan 1, 2012
Sold by
Beach Bowl Inc
Bought by
Barbee Franklin P and Barbee Christopher T
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 Caleb Lee $285,000 None Available
Barbee Franklin P -- None Available
Barbee Franklin P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Caleb Lee $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $285,000 -8.7% $245 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $312,000 -- $269 / 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 -- $419,280 $220,500 $198,780
2024 $1,802 $419,280 $220,500 $198,780
2023 $1,248 $419,280 $220,500 $198,780
2022 $1,248 $203,370 $102,000 $101,370
2021 $1,218 $203,370 $102,000 $101,370
2020 $1,193 $203,370 $102,000 $101,370
2019 $1,193 $104,660 $102,000 $2,660
2018 $1,023 $58,270 $55,500 $2,770
2017 $1,023 $58,270 $55,500 $2,770
2016 $998 $58,270 $55,500 $2,770
2015 $998 $171,100 $55,500 $115,600
2014 -- $153,666 $67,500 $86,166
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100228385

Hive MLS

APN: 235IK008