NOT LISTED FOR SALE

118 NE 7th St Oak Island, NC 28465

Estimated Value: $408,471 - $463,000

3 Beds
2 Baths
1,040 Sq Ft
$422/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $257,200 $247 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,448/month

10 Days on Market

Highlights

  • Deck
  • Bamboo Flooring
  • Enclosed Patio or Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Outdoor Shower

About This Home

As of March 2020

Absolutely adorable gem of a home only 2 blocks to the 9th Street scenic walkover that leads to the Atlantic Ocean and 5 minutes to the new bridge for day trips to Southport, Myrtle Beach, and Wilmington. Perfectly updated featuring a large welcoming screened porch for your rocking chairs, a pristine bright kitchen with glass tile backsplash and granite countertops, polished bamboo flooring, charming white wainscoting, and a spacious master bedroom en suite. A palette of soothing sea colors flow throughout this beautifully furnished 3 bedroom, 2 bath cottage inviting a relaxed and restful mood. Head outdoors to a side deck that's a great spot for grilling out and spotting a shooting star or two. Enjoy an outdoor shower for rinsing off sand and salt after a day at the beach. A fenced yard and a storage shed are an added plus! If you want move-in ready, recently updated, and tastefully appointed, this is the place for you! Oak Island's beauty, history, and laid-back coastal lifestyle is treasured by all, so come invest, vacation or live full-time at the beach!

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 02/06/2020

Last Buyer's Agent

Renee Yost

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1992

Lot Details

  • 6,626 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Wood Fence

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Partial Basement
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 235ic044

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,533

Year Built

Built in 1992

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: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Bamboo, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 259.52
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1040.00
  • Total Heated Primary Separate Sq Ft: 1040.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: Partial, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Screened, Porch, Open, Enclosed, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 320.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55x120
  • Lot Number: 65
  • Lot Sq Ft: 6626.00
  • Lot Water Features: None
  • Plat Book: 6
  • Plat Page: 2
  • Zoning: Residential

Tax Info

  • Tax Identifier: 235ic044
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 13, 2020
Sold by
Cook Joseph F and Cook Denise L
Bought by
Dutcher Julie A
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Renee Yost
Landmark Sotheby's International Realty
List Price
$269,900
Sold Price
$257,200
Premium/Discount to List
-$12,700
-4.71%
Current Estimated Value
$438,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,668
Avg. Annual Appreciation
10.09%
Original Mortgage
$227,250
Outstanding Balance
$200,879
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$237,989

Purchase Details

Closed on
Jun 19, 2014
Sold by
Kelly John P and Kelly Susan D
Bought by
Cook Joseph F and Cook Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2011
Sold by
Wise Dan S and Wise Phyllis C
Bought by
Kelly John P and Kelly Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
4.48%
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
Dutcher Julie A $257,500 None Available
Cook Joseph F $148,000 None Available
Kelly John P $131,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutcher Julie A $227,250
Previous Owner Cook Joseph F $133,200
Previous Owner Kelly John P $104,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $257,200 -4.7% $247 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $269,900 -- $260 / 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 $1,533 $348,890 $147,000 $201,890
2024 $1,533 $348,890 $147,000 $201,890
2023 $1,053 $348,890 $147,000 $201,890
2022 $1,053 $166,260 $68,000 $98,260
2021 $1,023 $166,260 $68,000 $98,260
2020 $998 $166,260 $68,000 $98,260
2019 $998 $70,630 $68,000 $2,630
2018 $911 $40,140 $37,000 $3,140
2017 $911 $40,140 $37,000 $3,140
2016 $886 $40,140 $37,000 $3,140
2015 $873 $147,200 $37,000 $110,200
2014 $721 $128,782 $45,000 $83,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100203195

Hive MLS

APN: 235IC044