NOT LISTED FOR SALE

122 SE 58th St Unit 203 Oak Island, NC 28465

Estimated Value: $531,892 - $608,000

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

Last Sold November 14, 2012

Last sale price $242,000 $186 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,673/month

49 Days on Market

Highlights

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

About This Home

As of November 2012

Spacious oceanfront condo/consistent rental producing income (2011-$20,375/2010-$23,264/2009-$20,407/2008-$24,235.) Highly desirable unit for rental/second home/permanent living. Enjoy the beautiful Oak Island susets from your living room/master bedroom and deck area. Second and third bedrooms have window ocean view. Southern Shore Villas have a large outdoor pool, beach gazebo, picnic and BBQ area. This unit provides beach living at its best with the large living area, views and large balcony to enjoy the ocean views and sea breezes. Confirmed rentals must be honored (NC Rental Act). Owner NC Realtor.

Last Agent to Sell the Property

Lee Smyre

Margaret Rudd Assoc/O.I. License #181153 Listed on: 09/24/2012

Last Buyer's Agent

Patricia Maloney

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Ocean Front

HOA Fees

  • $490 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

Overview

  • Southern Shrs Villas Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$490 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction Type: Stick Built
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 195.23
  • 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 Features: Security Lighting
  • Exterior Finish: Vinyl Siding
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • 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, See Remarks, Picnic Area, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 5880.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 441.00
  • Lot Acres: 0.03
  • Lot Sq Ft: 1349.00
  • 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

Closed on
May 8, 2015
Sold by
Parlon John C and Parlon Julie Day
Bought by
The John C Parlon Iii Revocable Trust and Parlon Julie D
Current Estimated Value
$573,973

Purchase Details

Listed on
Sep 24, 2012
Closed on
Nov 14, 2012
Sold by
Smyre Lee R and Smyre Diane M
Bought by
Parlon John C and Parlon Julie Day
Seller's Agent
Lee Smyre
Margaret Rudd Assoc/O.I.
Buyer's Agent
Patricia Maloney
Coldwell Banker Sea Coast Advantage
List Price
$254,000
Sold Price
$242,000
Premium/Discount to List
-$12,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
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
The John C Parlon Iii Revocable Trust -- None Available
Parlon John C $242,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $242,000 -4.7% $186 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $254,000 -- $195 / 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 -- $479,810 $0 $479,810
2024 $2,080 $479,810 $0 $479,810
2023 $2,137 $479,810 $0 $479,810
2022 $0 $364,830 $0 $364,830
2021 $0 $364,830 $0 $364,830
2020 $1,399 $364,830 $0 $364,830
2019 $2,073 $1,770 $0 $1,770
2018 $1,425 $1,870 $0 $1,870
2017 $1,424 $1,870 $0 $1,870
2016 $1,399 $1,870 $0 $1,870
2015 $1,398 $242,260 $0 $242,260
2014 -- $268,009 $0 $268,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20667979

Hive MLS

APN: 250AG00906