Seller's Agent in 2022
Gina McNeil
Carolina Exclusives
15 in this area
16 Total Sales
124 SW 2nd St Oak Island, NC 28465
Estimated Value: $937,000 - $1,123,000
5
Beds
6
Baths
3,504
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Home fronts a creek
- Wooded Lot
- Southport Elementary School Rated 9+
- Home fronts a canal
- Wood Flooring
About This Home
As of September 2022WATERFRONT home on the DAVIS CANAL, with Private Pier and Floating Dock on Deep Water (and room to add a boat lift) only 2 blocks to the nearest beach access. With all this property has to offer, it can be an excellent primary or secondary home or even an investment property, since the ground floor apartment was recently rented as an AirB&B. Spacious, with over 3500 heated square feet. The main area of the home has 4 bedrooms, 3 full baths, plus 2 half baths. An open concept living area on the first floor with a stone fireplace, dining and kitchen that opens to an extra large covered porch which expands the full width of the home wrapping around the side of the house that overlooks beautiful Live Oak Trees and lovely Canal. This main living area also has a large full bedroom with bathroom suite and large walk-in closet. The upstairs offers plenty of separate living enjoyment with a sitting room that opens to a sunroom that has entry to a covered porch facing the ocean. This level has 3 bedrooms with a separate bathroom and 2 bedrooms sharing a ''Jack & Jill'' bathroom. Have you been searching for that property here on the Island with a ''mother-in-law'' suite? This property has what you need and more! The ground level apartment has a full kitchen with dinning area, 2 sleeping areas with a full bathroom, and a combined living/sunroom. At 1056 heated square feet this suite/apartment offers plenty of space for your guests/family. More features include large storage shed, a workshop located inside the deep one car garage, ample outdoor living spaces with covered porches and beautiful canal views, that are truly breathtaking. After having fun at the beach wash off the sand in the outdoor shower. Updates include replacement of Roof, Vinyl siding and Vinyl Clad windows in 2017 and replacement of upstairs heat pump 2019. Properties with private dock, views, convenient beach access and spaciousness don't come on market often so take advantage of now!
Last Agent to Sell the Property
Carolina Exclusives License #218970 Listed on: 09/14/2021
Last Buyer's Agent
Stephanie Spencer
RE/MAX Southern Coast
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,682
Year Built
- Built in 1994
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 60 x 220 x 60 x 230
- Home fronts a creek
- Property fronts a marsh
- Home fronts a canal
- Street terminates at a dead end
- Wooded Lot
- Property is zoned Residential 6A
Parking
- 1 Car Attached Garage
Property Views
- Canal
- Creek or Stream
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 3,504 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Skylights
- Gas Log Fireplace
- Blinds
- Combination Dining and Living Room
- Workshop
- Laundry in Kitchen
Kitchen
- Second Kitchen
- Gas Oven
- Stove
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Parquet
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bedroom Suite
- Walk-in Shower
Outdoor Features
- Outdoor Shower
- Covered Patio or Porch
- Outdoor Storage
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Fuel Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 234le022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2021
Closed on
Aug 25, 2022
Sold by
Kraus Mary H
Bought by
Hutchison James M and Hutchison Joy L
Seller's Agent
Gina McNeil
Carolina Exclusives
Buyer's Agent
Stephanie Spencer
RE/MAX Southern Coast
List Price
$1,175,000
Sold Price
$907,500
Premium/Discount to List
-$267,500
-22.77%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,577
Avg. Annual Appreciation
3.90%
Original Mortgage
$350,800
Outstanding Balance
$334,465
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$688,612
Purchase Details
Closed on
Feb 1, 1994
Bought by
Kraus Robert H Et Mary H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hutchison James M | $907,500 | -- | |
| Hutchison James M | $907,500 | None Listed On Document | |
| Kraus Robert H Et Mary H | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hutchison James M | $350,800 | |
| Closed | Hutchison James M | $350,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $907,500 | -22.8% | $259 / Sq Ft |
| 07/13/2022 07/13/22 | For Sale | $1,175,000 | +29.5% | $335 / Sq Ft |
| 07/12/2022 07/12/22 | Pending | -- | -- | -- |
| 06/19/2022 06/19/22 | Off Market | $907,500 | -- | -- |
| 10/27/2021 10/27/21 | Price Changed | $1,175,000 | -2.1% | $335 / Sq Ft |
| 09/14/2021 09/14/21 | For Sale | $1,200,000 | -- | $342 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $2,984 | $676,500 | $255,000 | $421,500 |
| 2024 | $2,984 | $676,500 | $255,000 | $421,500 |
| 2023 | $2,826 | $676,500 | $255,000 | $421,500 |
| 2022 | $2,766 | $469,630 | $186,000 | $283,630 |
| 2021 | $2,766 | $469,630 | $186,000 | $283,630 |
| 2020 | $2,716 | $469,630 | $186,000 | $283,630 |
| 2019 | $2,716 | $198,910 | $186,000 | $12,910 |
| 2018 | $2,316 | $158,860 | $150,000 | $8,860 |
| 2017 | $2,316 | $158,860 | $150,000 | $8,860 |
| 2016 | $2,266 | $158,860 | $150,000 | $8,860 |
| 2015 | $2,266 | $393,540 | $150,000 | $243,540 |
| 2014 | $2,074 | $388,338 | $200,000 | $188,338 |
Source: Public Records
Agents Affiliated with this Home
-
Gina McNeil
-
S
Buyer's Agent in 2022
Stephanie Spencer
RE/MAX
Map
Source: Hive MLS
MLS Number: 100290785
APN: 234LE022
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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