NOT LISTED FOR SALE

118 NW 8th St Oak Island, NC 28465

Estimated Value: $389,000 - $430,000

0.15 Acre
$2,719,607 Price per Acre
6,600 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $127,500

Est. 220% increase in value since last sale

Current estimated payment $2,259/month

91 Days on Market

Highlights

  • Wooded Lot
  • Southport Elementary School Rated 9+
  • No HOA

About This Lot

As of December 2021

Come build your dream home and start living the Salt Life. One block from the walkover, minutes to the beach! Not in a flood zone, so no flood insurance required. Oak Island features plenty of beach accesses, a recreation center, public docks, wetland walkways, public kayak launches, picnic areas, a dog park, public tennis courts and ball fields, and playgrounds.

Last Agent to Sell the Property

Lynn Gulledge

Keller Williams Innovate-OKI Listed on: 08/25/2021

Keller Williams Innovate-OKI

Last Buyer's Agent

Christopher Kuhn

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,433

Lot Details

  • 6,600 Sq Ft Lot
  • Wooded Lot

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 235id048

Property Details

Property Type

Land

Est. Annual Taxes

$1,433

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 55

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Book: 2365
  • Deed Page: 753.00
  • Lot Sq Ft: 6600.00
  • Plat Book: 6
  • Plat Page: 2
  • Zoning: X
  • Acres: 0.15
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 993333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 235id048
  • Tax Year: 2021

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2023
Sold by
Chriscoe Johnny C and Chriscoe Susan W
Bought by
Butler Roy Francis
Current Estimated Value
$407,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Outstanding Balance
$326,755
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$81,186

Purchase Details

Closed on
Sep 16, 2006
Sold by
Sloan Cheryl J
Bought by
Chriscoe Johnny C and Chriscoe Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.37%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Butler Roy Francis $350,000 None Listed On Document
Chriscoe Johnny C $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Roy Francis $332,500
Previous Owner Chriscoe Johnny C $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $127,500 -14.4% --
11/24/2021 11/24/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $149,000 -- --
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 $1,433 $322,680 $125,000 $197,680
2024 $1,433 $322,680 $125,000 $197,680
2023 $1,039 $322,680 $125,000 $197,680
2022 $1,039 $163,650 $58,000 $105,650
2021 $1,009 $163,650 $58,000 $105,650
2020 $984 $163,650 $58,000 $105,650
2019 $984 $59,580 $58,000 $1,580
2018 $875 $38,770 $37,000 $1,770
2017 $875 $38,770 $37,000 $1,770
2016 $850 $38,770 $37,000 $1,770
2015 $850 $142,810 $37,000 $105,810
2014 $717 $127,837 $45,000 $82,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100287720

Hive MLS

APN: 234EM00401