NOT LISTED FOR SALE

120 SE 56th St Oak Island, NC 28465

Estimated Value: $503,000 - $803,000

0.16 Acre
$4,235,419 Price per Acre
6,900 Sq Ft Lot

Last Sold April 22, 2019

Last sale price $99,500

Est. 581% increase in value since last sale

Current estimated payment $3,733/month

47 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Wooded Lot
  • Southport Elementary School Rated 9+
  • Fitness Center
  • No HOA

About This Lot

As of April 2019

Wider than most provides for house plans with a nice porch for capturing Ocean breezes. This homesite is near Pelican Drive and close to beach with Potential ocean views, but unknown until you build or get up in the air! This is priced right & seller is FIRM at list price. Are you ready for BEACH life? The town of Oak Island offers numerous amenities such as golf, tennis, basketball, picnic area, boat launches & public docks & water accesses yet NO hoa fees! Sewer assessment is paid by seller!

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 02/25/2019

Last Buyer's Agent

Lindsey Jenkins

Century 21 Collective License #300358

Century 21 Collective

Property Details

Property Type

  • Land

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 60 x 115
  • Wooded Lot
  • Property is zoned R-6A

Property Views

  • Ocean Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 250ac023

Community Details

Overview

  • No Home Owners Association

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball, Fitness Center, Golf Course, Picnic Grounds, Playground, Restaurant, Tennis

Lot Info

  • Deed Page: 977.00
  • Lot Description: Wooded
  • Lot Dimensions: 60 x 115
  • Lot Sq Ft: 6900.00
  • Zoning: R-6A
  • Acres: 0.16
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 621875.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 250ac023
  • 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
Oct 28, 2021
Sold by
Phillip A Little Construction Llc
Bought by
Reihm George S and Reihm Joanne C
Current Estimated Value
$677,667

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 22, 2019
Sold by
Nijhawan Inder P and Nijhawan Renu
Bought by
Phillip A Little Construction Inc
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Lindsey Jenkins
Century 21 Collective
List Price
$99,500
Sold Price
$99,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.21%
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
Reihm George S $250,000 None Available
Phillip A Little Construction Inc $99,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2019 04/22/19 Sold $99,500 0.0% --
04/11/2019 04/11/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $99,500 -- --
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 -- $516,140 $240,000 $276,140
2024 $2,151 $510,700 $240,000 $270,700
2023 $464 $458,750 $240,000 $218,750
2022 $461 $85,000 $85,000 $0
2021 $461 $85,000 $85,000 $0
2020 $459 $85,000 $85,000 $0
2019 $459 $85,000 $85,000 $0
2018 $354 $65,000 $65,000 $0
2017 $354 $65,000 $65,000 $0
2016 $351 $65,000 $65,000 $0
2015 $351 $65,000 $65,000 $0
2014 $324 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100151958

Hive MLS

APN: 250AC023