NOT LISTED FOR SALE

1303 E Yacht Oak Island, NC 28465

Estimated Value: $776,000

0.16 Acre
$4,850,000 Price per Acre
6,970 Sq Ft Lot

Last Sold June 28, 2017

Last sale price $62,500

Est. 1,142% increase in value since last sale

Current estimated payment $4,294/month

2 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • No HOA
  • Southport Elementary School Rated 9+

About This Lot

As of June 2017

Location, Location, Location! Come build your dream home today on the highly sought after ''Yacht Drive''. Enjoy watching the boats go by with views of the Intracoastal Waterway. Only a short golf cart ride away from beach access. Oak Island has lots to offer, including restaurants, walking trails, over 50 public beach accesses, shopping, public boat ramps, and much more while located only minutes from Southport (Voted ''America's Happiest Seaside Town'' in 2015). Oak Island is only a short distance from historic Wilmington, NC and Myrtle Beach, SC. Don't miss this opportunity to build your dream home today!

Last Agent to Sell the Property

Tiffany Baker

Margaret Rudd Assoc/O.I. License #243897 Listed on: 05/25/2017

Last Buyer's Agent

Pat Proctor

Margaret Rudd Assoc/O.I. License #204923

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot
  • Wooded Lot
  • Property is zoned OK-R-A

Property Views

  • Water Views

Schools

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

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 235ii025

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

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Sewer

Lot Info

  • Deed Book: 1121
  • Deed Page: 906.00
  • Lot Number: 38
  • Lot Sq Ft: 6970.00
  • Zoning: OK-R-A
  • Acres: 0.16
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 431250.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 38

Tax Info

  • Tax Identifier: 235ii025
  • Tax Year: 2016

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
May 25, 2022
Sold by
Lori Krauss Trust
Bought by
Krauss David and Krauss Lori
Current Estimated Value
$776,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Outstanding Balance
$578,702
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 3, 2018
Sold by
Krauss David and Krauss Lori A
Bought by
Krauss Lori and Lori Krauss Revocable Trust

Purchase Details

Listed on
May 25, 2017
Closed on
Jun 27, 2017
Sold by
Brown James C
Bought by
Krauss David and Krauss Lori A
Seller's Agent
Tiffany Baker
Margaret Rudd Assoc/O.I.
Buyer's Agent
Pat Proctor
Margaret Rudd Assoc/O.I.
List Price
$69,000
Sold Price
$62,500
Premium/Discount to List
-$6,500
-9.42%

Purchase Details

Closed on
Dec 2, 2014
Sold by
Brown Bobby Ray and Brown Bonnie N
Bought by
Brown Bonnie N

Purchase Details

Closed on
Nov 11, 2005
Sold by
Brown Bobby L and Brown Gloria F
Bought by
Brown Bobby L and Brown Gloria F

Purchase Details

Closed on
Dec 1, 1996
Bought by
Brown Bobby Ray Et Bonnie
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
Krauss David -- None Listed On Document
Krauss Lori -- None Available
Krauss David $62,500 None Available
Brown Bonnie N -- None Available
Brown Bobby L -- None Available
Brown Bobby Ray Et Bonnie $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krauss David $610,000
Closed Krauss David $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $62,500 -9.4% --
05/27/2017 05/27/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $69,000 -- --
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 -- $675,610 $128,000 $547,610
2024 $2,781 $675,610 $128,000 $547,610
2023 $0 $128,000 $128,000 $0
2022 $385 $70,400 $70,400 $0
2021 $385 $70,400 $70,400 $0
2020 $0 $70,400 $70,400 $0
2019 $273 $70,400 $70,400 $0
2018 $0 $50,000 $50,000 $0
2017 $0 $50,000 $50,000 $0
2016 $273 $50,000 $50,000 $0
2015 $273 $50,000 $50,000 $0
2014 $348 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Baker

    Seller's Agent in 2017

    Tiffany Baker

    Margaret Rudd Assoc/O.I.

    (919) 842-2399

    11 in this area

    15 Total Sales

    Tiffany Baker
    Section Image
  • Pat Proctor

    Buyer's Agent in 2017

    Pat Proctor

    Margaret Rudd Assoc/O.I.

    (910) 278-5213

    66 in this area

    82 Total Sales

    Pat Proctor
    Section Image
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Map

Source: Hive MLS

MLS Number: 100064703

Hive MLS

APN: 235II025

North Carolina Brunswick County Oak Island 28465

1303 E Yacht, Oak Island, NC

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