NOT LISTED FOR SALE

122 SE 58th St Unit 113 Oak Island, NC 28465

Estimated Value: $584,247 - $620,000

3 Beds
2 Baths
1,400 Sq Ft
$697/mo HOA Fee

Last Sold November 15, 2021

Last sale price $523,000 $374 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,052/month

5 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Furnished
  • Southport Elementary School Rated 9+
  • Deck
  • Porch

About This Home

As of November 2021

This Lovely Beach Front Condo is a first floor end unit with 3 bedrooms and 2 full baths. It is being sold furnished with a few exceptions. You are overlooking the pool and ocean from your deck. The ocean is only steps away by way of the Gazebo and ramp going to the water. You are within walking distance to a major grocery store, restaurants, shops and ice cream parlor. Oak Island offers amenities such as tennis, basketball, softball, and kayahing. They have a 18 hole golf course and a 9 hole pitch & putt just off the island. There are boat ramps on and off the island should you need to get on the water. Each unit has 2 parking places for your vehicles and a small storage room for your bikes and beach items. Come see what Oak Island can offer you.

Last Agent to Sell the Property

Glenn Frazier

Glenn Frazier Realty License #44675 Listed on: 09/30/2021

Last Buyer's Agent

Cameron Brand

Intracoastal Realty Corporation License #276537

Intracoastal Realty Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 828

HOA Fees

  • $697 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Is Not Usable
  • Pest Guard System

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Community Details

  • Southern Shrs Villas Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 250ag00919

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$697 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit
  • Year Built: 1986
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: No Access
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Furnished
  • Laundry Location: Hall
  • List Price per Sq Ft: 376.43
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1400.00
  • Total Heated Primary Separate Sq Ft: 1400.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Assigned

Utilities

  • Appliances Equipment: Cooktop - Electric, Washer, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Trash, Water, Pest Control, Sewer, Maint - Comm Areas, Maintenance Structure, Maint - Roads, Maint - Grounds
  • HOAAssociationFee1Year: 8358.56

Lot Info

  • Deed Page: 530.00
  • Plat Book: 5
  • Plat Page: 27
  • Zoning: CR6
  • Lot View Type: Ocean View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 250ag00919
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 1672.42
  • Total Real Estate Property Taxes: 382986.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 15, 2021
Sold by
Reihm George S and Reihm Joanne C
Bought by
Shope Jerome T and Shope Janet
Seller's Agent
Glenn Frazier
Glenn Frazier Realty
Buyer's Agent
Cameron Brand
Intracoastal Realty Corporation
List Price
$527,000
Sold Price
$523,000
Premium/Discount to List
-$4,000
-0.76%
Current Estimated Value
$605,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,562
Avg. Annual Appreciation
3.79%
Original Mortgage
$444,550
Outstanding Balance
$406,612
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$198,950

Purchase Details

Listed on
Jan 17, 2018
Closed on
Feb 7, 2018
Sold by
Edwards Eric E and Edwards Carol S
Bought by
Reihm George S and Reihm Joanne C
Seller's Agent
Steve Toop
United Brokers LTD
Buyer's Agent
Libba Motsinger
Margaret Rudd Assoc/O.I.
List Price
$399,995
Sold Price
$399,977
Premium/Discount to List
-$18
-0.005%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$250,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2012
Closed on
Dec 14, 2012
Sold by
Estate Of Cheryl A Walters and Walters Michael L
Bought by
Edwards Eric E and Edwards Carol S
Seller's Agent
Mike Boswell
Margaret Rudd Assoc/O.I.
Buyer's Agent
Mike Boswell
Margaret Rudd Assoc/O.I.
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$196,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Mcrac Annie O
Bought by
Walters Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
New Conventional
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
Shope Jerome T $523,000 None Available
Reihm George S $400,000 None Available
Edwards Eric E $251,000 None Available
Walters Cheryl A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shope Jerome T $444,550
Previous Owner Reihm George S $250,000
Previous Owner Edwards Eric E $196,000
Previous Owner Walters Cheryl A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2021 11/15/21 Sold $523,000 -0.8% $374 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $527,000 +31.8% $376 / Sq Ft
02/28/2018 02/28/18 Sold $399,977 0.0% $284 / Sq Ft View Prior Sale
01/22/2018 01/22/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $399,995 +63.3% $284 / Sq Ft
12/21/2012 12/21/12 Sold $245,000 -5.4% $175 / Sq Ft View Prior Sale
12/01/2012 12/01/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $259,000 -- $185 / 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 $2,152 $503,180 $0 $503,180
2024 $2,152 $503,180 $0 $503,180
2023 $2,187 $503,180 $0 $503,180
2022 $2,187 $382,370 $0 $382,370
2021 $0 $382,370 $0 $382,370
2020 $2,132 $382,370 $0 $382,370
2019 $2,132 $1,900 $0 $1,900
2018 $1,481 $2,000 $0 $2,000
2017 $1,481 $2,000 $0 $2,000
2016 $1,456 $2,000 $0 $2,000
2015 $1,456 $258,320 $0 $258,320
2014 $1,478 $285,605 $0 $285,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100292744

Hive MLS

APN: 250AG00919