NOT LISTED FOR SALE

122 SE 58th St Unit 112 Oak Island, NC 28465

Estimated Value: $534,194 - $608,000

3 Beds
2 Baths
1,301 Sq Ft
$490/mo HOA Fee

Last Sold December 19, 2012

Last sale price $230,000 $177 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,680/month

249 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Community Pool
  • Southport Elementary School Rated 9+
  • Furnished
  • Resident Manager or Management On Site

About This Home

As of December 2012

LOCATION,LOCATION,LOCATION!!! 3Br/2Ba 1300 sq' condo with fantastic ocean views. Enjoy the beautiful Oak Island (south facing beach) sunsets. Southern Shore Villas has an outdoor pool, beach gazebo,picnic & BBQ areas and private walkway to beach from the gazebo. This unit provides beach living at its best. The unit can be a permanent home/second home/rental property/combination of the above. Current owners have used the property as a second home and rental property. Current rental reseservation are subject to the NC Rental Act. The large size of this condo and large private balcony area makes for very enjoyable beach living. This is a property you want to consider if your are interested in beach property.

Last Agent to Sell the Property

Lee Smyre

Margaret Rudd Assoc/O.I. License #181153 Listed on: 04/01/2012

Last Buyer's Agent

Vic Rosado

Coldwell Banker Seacoast Advantage License #227283

Coldwell Banker Seacoast Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1986

Lot Details

  • 1,307

HOA Fees

  • $490 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,301 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Deck
  • Ocean Front

Community Details

Overview

  • Southern Shrs Villas Subdivision
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,068

Year Built

Built in 1986

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction Type: Stick Built
  • New Construction: No
  • Year Built: 1986
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Furnished, Wash/Dry Connect, Ceiling Fan(s)
  • List Price per Sq Ft: 184.09
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1301.00
  • Total Heated Primary Separate Sq Ft: 1301.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Microwave - Built-In, Dryer
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Street Lights, Water, Trash, Pest Control, Sewer, Picnic Area, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 5880.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1265.00
  • Lot Acres: 0.03
  • Lot Sq Ft: 1300.00
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Features: None

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2012
Closed on
Dec 17, 2012
Sold by
Packett Johnny Gillbert and Packett Patricia T
Bought by
Johnson Stephanie
Seller's Agent
Lee Smyre
Margaret Rudd Assoc/O.I.
Buyer's Agent
Vic Rosado
Coldwell Banker Seacoast Advantage
List Price
$239,500
Sold Price
$230,000
Premium/Discount to List
-$9,500
-3.97%
Current Estimated Value
$575,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,549
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Dec 18, 2005
Sold by
Packett J Gilbert and Packett Patricia T
Bought by
Packett Johnny Gilbert and Pack Patricia T
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
Johnson Stephanie $230,000 None Available
Packett Johnny Gilbert -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2012 12/19/12 Sold $230,000 -4.0% $177 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $239,500 -- $184 / 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 $2,068 $485,330 $0 $485,330
2024 $2,068 $485,330 $0 $485,330
2023 $2,117 $485,330 $0 $485,330
2022 $2,117 $368,580 $0 $368,580
2021 $2,100 $368,580 $0 $368,580
2020 $2,089 $368,580 $0 $368,580
2019 $2,094 $1,820 $0 $1,820
2018 $1,447 $1,910 $0 $1,910
2017 $1,444 $1,910 $0 $1,910
2016 $1,423 $1,910 $0 $1,910
2015 $1,423 $245,880 $0 $245,880
2014 $1,482 $281,336 $0 $281,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20664656

Hive MLS

APN: 250AG00918