NOT LISTED FOR SALE

117 SE 55th St Oak Island, NC 28465

Estimated Value: $421,000 - $543,000

3 Beds
1 Bath
960 Sq Ft
$515/Sq Ft Est. Value

Last Sold September 05, 2018

Last sale price $220,000 $229 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,727/month

566 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • Porch

About This Home

As of September 2018

See the Ocean; Hear the Surf; Smell the Salt air-ALL AT THE LOWEST PRICE COTTAGE ON THE BEACH SIDE OF THE ISLAND! This classic cottage, only 1 block to the ocean, has the charm of knotty pine, 3 good-sized bedrooms, a full bath, plus a Tropical Island bar where you can relax and unwind. The open living space allows for gathering of friends and family after a day of swimming, sunning, fishing, biking or just exploring all Oak Island has to offer. Start your morning watching the sun rise over your view of the ocean, and end your day with cool breezes, all from the screened porch. This beach house is turnkey with rental income and can be used immediately or remodeled to your taste. View this cottage today before another fine beach property location is snapped up! Being sold as is/where is.

Last Agent to Sell the Property

Brendan Gordon

Coastal Development & Realty Oak Island License #264772 Listed on: 11/29/2016

Co-Listed By

Jennifer Berg

Coastal Development & Realty Oak Island License #271253

Last Buyer's Agent

Hank Troscianiec & Associates

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,119

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 63x110x63x110
  • Corner Lot

Home Design

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

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement
  • Fire and Smoke Detector
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 3 Parking Spaces
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250aa001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,119

Year Built

Built in 1977

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: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Furnished, Ceiling Fan(s)
  • Laundry Location: None
  • List Price per Sq Ft: 246.88
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 960.00
  • Total Heated Primary Separate Sq Ft: 960.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Pilings
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Baseboard
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 637.00
  • Lot Acres: 0.16
  • Lot Description: Corner Lot
  • Lot Dimensions: 63x110x63x110
  • Lot Sq Ft: 6970.00
  • Lot Water Features: Third Row
  • Plat Book: 7
  • Plat Page: 105
  • Zoning: Residential
  • Lot View Type: Ocean View

Green Features

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

Rental Info

  • Rental Income Gross Rental Income: 6631.00

Tax Info

  • Tax Identifier: 250aa001
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 361.00
  • Total Real Estate Property Taxes: 1119.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2016
Closed on
Jul 18, 2018
Sold by
Peabody William E and Peabody Karla R
Bought by
Emmons Blake B and Emmons Laura A
Seller's Agent
Brendan Gordon
Coastal Development & Realty Oak Island
Buyer's Agent
Hank Troscianiec & Associates
Coldwell Banker Sea Coast Advantage
List Price
$274,500
Sold Price
$220,000
Premium/Discount to List
-$54,500
-19.85%
Current Estimated Value
$494,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,183
Avg. Annual Appreciation
11.98%
Original Mortgage
$198,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Emmons Blake B $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Emmons Blake B $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2018 09/05/18 Sold $220,000 -19.9% $229 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
11/29/2016 11/29/16 For Sale $274,500 -- $286 / 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 $1,619 $397,540 $240,000 $157,540
2024 $1,619 $397,540 $240,000 $157,540
2023 $1,062 $397,540 $240,000 $157,540
2022 $1,062 $185,180 $85,000 $100,180
2021 $1,047 $185,180 $85,000 $100,180
2020 $1,035 $185,180 $85,000 $100,180
2019 $1,035 $85,000 $85,000 $0
2018 $770 $131,430 $65,000 $66,430
2017 $770 $65,000 $65,000 $0
2016 $757 $65,000 $65,000 $0
2015 $757 $131,430 $65,000 $66,430
2014 $643 $120,120 $65,000 $55,120
Source: Public Records

Agents Affiliated with this Home

  • Brendan Gordon

    Seller's Agent in 2018

    Brendan Gordon

    Coastal Development & Realty Oak Island

    (910) 209-3899

    52 in this area

    88 Total Sales

    Brendan Gordon
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jennifer Berg

    Coastal Development & Realty Oak Island

    Section Image

  • H

    Buyer's Agent in 2018

    Hank Troscianiec & Associates

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100038497

Hive MLS

APN: 250AA001

North Carolina Brunswick County Oak Island 28465

117 SE 55th St, Oak Island, NC

This home is located at 117 SE 55th St, Oak Island, NC 28465 since 29 November 2016 and is currently estimated at $494,183, approximately $514 per square foot. This property was built in 1977. 117 SE 55th St is a home located in Brunswick County with nearby schools including Southport Elementary School, South Brunswick Middle School, and South Brunswick High School.

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