NOT LISTED FOR SALE

1308 W Yacht Dr Oak Island, NC 28465

Estimated Value: $656,000 - $878,000

2 Beds
2 Baths
1,254 Sq Ft
$615/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $685,000 $546 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,250/month

151 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Deck
  • Southport Elementary School Rated 9+
  • 0.34 Acre Lot
  • Vaulted Ceiling

About This Home

As of December 2021

Unique waterfront home on intercostal waterway with beautiful views. Home was remodeled in 2007 with many upgrades including bamboo flooring throughout with ceramic tile in baths. New roof, new windows and new doors in 2019. New pier with boat lift in 2018. New heat pump in 2020. Home positioned on large corner lot. Large storage areas and screened porch under home.

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc. License #233506 Listed on: 06/06/2021

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1986

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 74 x 248 x 60 x 229
  • Waterfront
  • Fenced Yard
  • Vinyl Fence
  • Corner Lot
  • Property is zoned AE

Parking

  • Unpaved Parking

Home Design

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

Interior Spaces

  • 1,254 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Deck
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 234fa021

Community Details

Recreation

  • Boat Dock

Additional Features

  • No Home Owners Association
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,539

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1986
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Bamboo, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling - Vaulted, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 557.42
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 2 Level: First
  • Breakfast Nook Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1254.00
  • Total Heated Primary Separate Sq Ft: 1254.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows, Storm Doors, Security Lighting
  • Exterior Finish: Wood Siding
  • Exterior Structures: Storage
  • Fencing: Back Yard, Vinyl
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Screened, Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Dryer, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 701.00
  • Lot Acres: 0.34
  • Lot Description: Corner Lot
  • Lot Dimensions: 74 x 248 x 60 x 229
  • Lot Sq Ft: 14810.00
  • Lot Water Features: Boat Dock, Bulkhead
  • Zoning: AE

Tax Info

  • Tax Identifier: 234fa021
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2021
Closed on
Dec 20, 2021
Sold by
Ergun Mehmet A and Ergun Joy A
Bought by
Fenn Peter
Seller's Agent
Stephanie Smith
Select Premium Properties Inc.
Buyer's Agent
A Non Member
A Non Member
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$771,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,535
Avg. Annual Appreciation
3.15%
Original Mortgage
$548,000
Outstanding Balance
$503,881
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$267,654

Purchase Details

Closed on
Sep 28, 2006
Sold by
Davis Elmer Robert and Davis Donna C
Bought by
Ergun Mehmet A and Ergun Joy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.36%
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
Fenn Peter $685,000 Malone Lee L Tart
Ergun Mehmet A $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenn Peter $548,000
Previous Owner Ergun Mehmet A $480,000
Previous Owner Ergun Mehmet A $59,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $685,000 -2.0% $546 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $699,000 -- $557 / 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 $2,539 $612,340 $350,000 $262,340
2024 $2,539 $612,340 $350,000 $262,340
2023 $2,436 $612,340 $350,000 $262,340
2022 $2,436 $429,770 $280,000 $149,770
2021 $0 $429,770 $280,000 $149,770
2020 $0 $429,770 $280,000 $149,770
2019 $2,381 $317,760 $280,000 $37,760
2018 $1,535 $200,380 $175,000 $25,380
2017 $1,439 $182,630 $175,000 $7,630
2016 $1,414 $182,630 $175,000 $7,630
2015 $1,414 $250,280 $175,000 $75,280
2014 $1,546 $299,664 $240,000 $59,664
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100275113

Hive MLS

APN: 234FA021