NOT LISTED FOR SALE

118 SE 17th St Oak Island, NC 28465

Estimated Value: $626,234 - $677,000

2 Beds
2 Baths
1,698 Sq Ft
$382/Sq Ft Est. Value

Last Sold August 19, 2019

Last sale price $275,000 $162 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,584/month

55 Days on Market

Highlights

  • Home fronts a canal
  • Deck
  • Mud Room
  • Southport Elementary School Rated 9+
  • 1 Fireplace
  • No HOA

About This Home

As of August 2019

Reduced $31,000!! Looking for a home on Davis Canal? This beach home has a private setting and a nice yard that leads to the canal where nature awaits you. You will be able to fish, kayak or paddle board right off your private pier. The home offers a storage building & Storage underneath the home as well. There are 2 bedrooms, 2 bath, and a large open living, dining & kitchen. The home is being sold ''AS-IS'' and the buyer must show a Pre-Approval or Proof of Funds Letter at the time of the offer. The seller requires a min of $1000 in Earnest Money if you are doing a loan & 10% if you are paying cash. The sellers title company will hold the Earnest Money. You will love the live oak trees in the back yard and the views. Great Buy!

Last Agent to Sell the Property

Michael Byrd

Nautical Waves Realty, LLC License #154811 Listed on: 05/09/2019

Last Buyer's Agent

Kristin Aroner

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 23x56x161x62x182x119
  • Home fronts a canal
  • Street terminates at a dead end
  • Property is zoned ok-r-6b

Home Design

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

Interior Spaces

  • 1,698 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Mud Room
  • Living Room
  • Formal Dining Room
  • Canal Views
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 235jo044

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1987

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: 1987
  • Road Frontage Type: Canal Front
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Mud Room
  • Laundry Location: Room
  • List Price per Sq Ft: 170.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 2 Level: Main
  • Breakfast Nook Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1698.00
  • Total Heated Primary Separate Sq Ft: 1698.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 411.00
  • Lot Acres: 0.29
  • Lot Description: Dead End
  • Lot Dimensions: 23x56x161x62x182x119
  • Lot Number: 22
  • Lot Sq Ft: 12632.00
  • Zoning: ok-r-6b
  • Lot View Type: Canal View

Tax Info

  • Tax Identifier: 235jo044
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 814.00
  • Total Real Estate Property Taxes: 814.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 18, 2019
Sold by
Us Bank Nation Association
Bought by
Morgan Jack Arnold and Morgan Ann Rushing
Seller's Agent
Michael Byrd
Nautical Waves Realty, LLC
Buyer's Agent
Kristin Aroner
Coldwell Banker Sea Coast Advantage
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%
Current Estimated Value
$648,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,809
Avg. Annual Appreciation
14.87%
Original Mortgage
$247,500
Outstanding Balance
$216,293
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$432,516

Purchase Details

Closed on
Mar 20, 2019
Sold by
Owens Carol A
Bought by
Nationstar Mortgage Llc and Mortgage Eqt Conversion Asset Tr 2011 1

Purchase Details

Closed on
Jun 1, 2002
Bought by
Owens Seymour K Et Carol A
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
Morgan Jack Arnold $275,000 None Available
Nationstar Mortgage Llc $320,000 None Available
Owens Seymour K Et Carol A $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Jack Arnold $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2019 08/19/19 Sold $275,000 -14.1% $162 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $320,000 -- $188 / 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 $2,177 $517,660 $195,000 $322,660
2024 $2,177 $517,660 $195,000 $322,660
2023 $1,681 $517,660 $195,000 $322,660
2022 $1,681 $285,920 $120,000 $165,920
2021 $1,651 $285,920 $120,000 $165,920
2020 $1,626 $285,920 $120,000 $165,920
2019 $885 $126,440 $120,000 $6,440
2018 $814 $104,290 $100,000 $4,290
2017 $773 $104,290 $100,000 $4,290
2016 $1,395 $104,290 $100,000 $4,290
2015 $1,395 $246,670 $100,000 $146,670
2014 $1,338 $256,658 $135,000 $121,658
Source: Public Records

Agents Affiliated with this Home

  • Michael Byrd

    Seller's Agent in 2019

    Michael Byrd

    Nautical Waves Realty, LLC

    (336) 442-7669

    156 Total Sales

    Michael Byrd
    Section Image

  • K

    Buyer's Agent in 2019

    Kristin Aroner

    Coldwell Banker Sea Coast Advantage

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Map

Source: Hive MLS

MLS Number: 100164916

Hive MLS

APN: 235JO044

North Carolina Brunswick County Oak Island 28465

118 SE 17th St, Oak Island, NC

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