NOT LISTED FOR SALE

117 SE 56th St Oak Island, NC 28465

Estimated Value: $366,000 - $769,000

4 Beds
2 Baths
1,056 Sq Ft
$532/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $251,400 $238 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,122/month

54 Days on Market

Highlights

  • Water Views
  • Ocean Side of Freeway
  • Shutters
  • Southport Elementary School Rated 9+
  • No HOA
  • Porch

About This Home

As of March 2017

Walk to the beach from this beach house!!! 4bdrm and 2ba views of the ocean but still affordable. This home is within walking distance of the shops and grocery store and you can walk 3 blocks over to the beach. Stove, Dishwasher, refrigerator and microwave stay. It has a nice deck facing south toward the ocean to enjoy the breeze and new windows. There is a storage room downstairs for beach chairs, bike's etc.

Last Agent to Sell the Property

Libba Motsinger

Margaret Rudd Assoc/O.I. Listed on: 01/10/2017

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 6,550 Sq Ft Lot
  • Lot Dimensions are 60 x 112.5 x 60 x 112.5
  • Open Lot
  • Property is zoned R6A

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 250ab002

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

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

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Wash/Dry Connect, Ceiling Fan(s)
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 257.58
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1056.00
  • Total Heated Primary Separate Sq Ft: 1056.00

Exterior Features

  • Exterior Features: Security Lighting, Storm Windows, Storm Doors, Shutters - Functional
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: See Remarks
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Composition
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: under the house
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Water Provider: Public Water
  • Utilities: Community Sewer, Municipal Water, Community Water
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 981.00
  • Lot Acres: 0.15
  • Lot Description: Open
  • Lot Dimensions: 60 x 112.5 x 60 x 112.5
  • Lot Number: 20
  • Lot Sq Ft: 6550.00
  • Lot Water Features: Ocean Side
  • Plat Book: 7
  • Plat Page: 105
  • Special Assessments: paid for 1 sewer tap
  • Zoning: R6A
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 250ab002
  • Tax Year: 2016

MLS Schools

  • High School2: Early College
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
Mar 21, 2017
Sold by
Carolina Map Inc
Bought by
Matney Ira Dale and Matney Crystal Smith
Seller's Agent
Libba Motsinger
Margaret Rudd Assoc/O.I.
Buyer's Agent
A Non Member
A Non Member
List Price
$272,000
Sold Price
$251,400
Premium/Discount to List
-$20,600
-7.57%
Current Estimated Value
$561,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,267
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Jan 26, 2007
Sold by
Brown Ricky and Brown Jennifer
Bought by
Prms Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 12, 2005
Sold by
Hill Bradford J and Hill Julie W
Bought by
Prms Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Matney Ira Dale $251,500 None Available
Prms Investment Properties Llc -- None Available
Prms Investment Properties Llc $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prms Investment Properties Llc $332,000
Previous Owner Prms Investment Properties Llc $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $251,400 -7.6% $238 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $272,000 -- $258 / 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 -- $501,230 $240,000 $261,230
2024 $2,115 $501,230 $240,000 $261,230
2023 $1,655 $501,230 $240,000 $261,230
2022 $0 $280,880 $85,000 $195,880
2021 $1,495 $95,590 $85,000 $10,590
2020 $1,495 $260,920 $85,000 $175,920
2019 $1,495 $96,150 $85,000 $11,150
2018 $1,127 $65,550 $65,000 $550
2017 $1,183 $65,500 $65,000 $500
2016 $1,158 $65,500 $65,000 $500
2015 $1,158 $201,550 $65,000 $136,550
2014 $951 $171,044 $65,000 $106,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100042585

Hive MLS

APN: 250AB002