NOT LISTED FOR SALE

118 SW 2nd St Oak Island, NC 28465

Estimated Value: $634,000 - $812,000

0.15 Acre
$4,883,487 Price per Acre
6,534 Sq Ft Lot

Last Sold July 14, 2020

Last sale price $58,000

Est. 1,163% increase in value since last sale

Current estimated payment $4,061/month

Highlights

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

About This Lot

As of July 2020

Perfect location to build your ideal beach home! No flood insurance is required because of the high elevation! Enjoy a short bike ride to the beach or to the intracoastal waterway! There is fine dining and shopping with a short drive in to Southport - or enjoy a leisurely walk along the boardwalk and waterfront park! Don't miss out!

Last Agent to Sell the Property

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 06/29/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Frances Warner

Coldwell Banker Sea Coast Advantage Listed on: 06/29/2020

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,634

Lot Details

  • 6,534 Sq Ft Lot
  • Wooded Lot

Schools

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

Community Details

  • No Home Owners Association
  • Tranquil Harbour Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 234eg042

Property Details

Property Type

Land

Est. Annual Taxes

$2,634

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
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 55

Utilities

  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Page: 772.00
  • Lot Sq Ft: 6534.00
  • Plat Book: 6
  • Plat Page: 34
  • Zoning: X
  • Acres: 0.15
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 366666.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 234eg042
  • Tax Year: 2019

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
Aug 3, 2022
Sold by
Kay Gannon Carla and Kay Robert
Bought by
Filipiak Twila and Williams Tammy Kay
Current Estimated Value
$732,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$441,747
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$290,776

Purchase Details

Closed on
Mar 8, 2005
Sold by
Gauldin Michael K and Gauldin Kimberly
Bought by
Gannon Carla and Gannon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,786
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Filipiak Twila $580,000 Johnson & Moore Pa
Gannon Carla $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filipiak Twila $464,000
Previous Owner Gannon Carla $296,786
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $58,000 +5.5% --
06/29/2020 06/29/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $55,000 -- --
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 $2,634 $584,940 $140,000 $444,940
2024 $2,634 $584,940 $140,000 $444,940
2023 $2,388 $584,940 $140,000 $444,940
2022 $2,328 $386,310 $65,000 $321,310
2021 $2,328 $386,310 $65,000 $321,310
2020 $2,278 $386,310 $65,000 $321,310
2019 $2,278 $65,000 $65,000 $0
2018 $2,002 $333,660 $37,000 $296,660
2017 $1,387 $39,400 $37,000 $2,400
2016 $1,254 $39,400 $37,000 $2,400
2015 $1,254 $219,780 $37,000 $182,780
2014 $1,048 $196,464 $50,000 $146,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100224367

Hive MLS

APN: 234LE02001