NOT LISTED FOR SALE

120 NE 11th Oak Island, NC 28465

Estimated Value: $527,000 - $588,000

0.15 Acre
$3,707,960 Price per Acre
6,708 Sq Ft Lot

Last Sold July 05, 2022

Last sale price $150,000

Est. 271% increase in value since last sale

Current estimated payment $3,091/month

26 Days on Market

Highlights

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

About This Lot

As of July 2022

Custom design your very own island retreat on this magnificent lot in Tranquil Harbour. Perfect distance to take your golf cart or walk to the pristine sands of Oak Island's Long Beach for a day in the surf & sun or relax at home in this ''tranquil'' beach community. With no HOA summer vacation rentals are abundant in this neighborhood making this an ideal investment potential. Oak Island is truly one of NC's hidden island treasures. A short drive finds you in historic Southport with all the shops, and waterfront dining one could hope for. Or stay on the island and enjoy beach life. Municipal water and sewer available for easy building. Bring your own builder or ask for recommendations. Oak Island is less than an hour from ILM international airport for all your leisure or work travel needs.

Last Agent to Sell the Property

Dana Little

Coastal Realty Associates LLC Listed on: 06/09/2022

Last Buyer's Agent

Lindsey Jenkins

Century 21 Collective License #300358

Century 21 Collective

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $372

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 120x56x120x56
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 235ig037

Property Details

Property Type

Land

Est. Annual Taxes

$372

Lot Details

0

Listing Details

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

Exterior Features

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

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

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

Lot Info

  • Deed Page: 1205.00
  • Lot Description: Level, Subdivision, Wooded
  • Lot Dimensions: 120x56x120x56
  • Lot Number: 63
  • Lot Sq Ft: 6708.00
  • Zoning: Residential
  • Acres: 0.15
  • Current Use: Residential, Single Family, Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1166666.67
  • Soil Evaluation Other: municipal water/sewe
  • Topography: Cleared/Partial
  • Lot Number2: 63

Tax Info

  • Tax Identifier: 235ig037
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 372.00

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2020
Sold by
Timberlind Inc
Bought by
Arseniadis Margaret
Current Estimated Value
$556,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,920
Outstanding Balance
$193,937
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$362,257

Purchase Details

Closed on
Apr 18, 2017
Sold by
Edmondson Frank
Bought by
Cummings Paul Daniel and Cummings Anna Whitener

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
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
Arseniadis Margaret $275,000 None Available
Cummings Paul Daniel $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arseniadis Margaret $218,920
Previous Owner Cummings Paul Daniel $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 For Sale $175,000 0.0% --
07/06/2022 07/06/22 Price Changed $175,000 +16.7% --
07/05/2022 07/05/22 Sold $150,000 -14.3% --
07/05/2022 07/05/22 Pending -- -- --
06/15/2022 06/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $175,000 -- --
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 -- $493,490 $125,000 $368,490
2024 $2,085 $493,490 $125,000 $368,490
2023 $1,546 $493,490 $125,000 $368,490
2022 $1,491 $260,210 $58,000 $202,210
2021 $1,516 $260,210 $58,000 $202,210
2020 $1,491 $260,210 $58,000 $202,210
2019 $1,194 $60,630 $58,000 $2,630
2018 $207 $37,000 $37,000 $0
2017 $207 $37,000 $37,000 $0
2016 $204 $37,000 $37,000 $0
2015 $204 $37,000 $37,000 $0
2014 $227 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100332605

Hive MLS

APN: 234FD04504