NOT LISTED FOR SALE

131 NW 17th St Oak Island, NC 28465

Estimated Value: $419,303 - $480,000

3 Beds
2 Baths
1,152 Sq Ft
$393/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $159,900 $139 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $2,546/month

137 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Open Patio

About This Home

As of April 2018

REDUCED! The Perfect Investment! Neat west end cottage just a quick walk to the Intracoastal Waterway and only a short golf cart ride to the beach! 3 bedroom, 2 bath with stone fireplace, bright kitchen with breakfast bar and dining area plus fenced backyard situated on 2 lots for privacy and room for detached garage or workshop! Nice front deck for morning coffee and grilling area in the back plus pretty landscaping. A tenant-in-place makes this property attractive to buyers looking for extra income. Honor the lease, then move in and enjoy summer fun on Oak Island!

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 10/30/2017

Last Buyer's Agent

Lynda Young

Margaret Rudd Assoc/O.I. License #204710

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 112x121
  • Property is zoned ok-r-6a

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Open Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Pinners Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 234fk014

Home Details

Home Type

Single Family

Year Built

Built in 1965

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: 1.0
  • Stories Levels: One
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Laminate, See Remarks
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 142.27
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1152.00
  • Total Heated Primary Separate Sq Ft: 1152.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch, Open
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Washer, Refrigerator, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Municipal Sewer Available, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 621.00
  • Lot Acres: 0.31
  • Lot Dimensions: 112x121
  • Lot Sq Ft: 13504.00
  • Plat Book: 8
  • Plat Page: 141
  • Zoning: ok-r-6a

Tax Info

  • Tax Identifier: 234fk014
  • Tax Year: 2016

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Apr 19, 2018
Sold by
Moody Frederick and Pinard Cathy
Bought by
Morrow Steven L
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Lynda Young
Margaret Rudd Assoc/O.I.
List Price
$172,950
Sold Price
$159,900
Premium/Discount to List
-$13,050
-7.55%
Current Estimated Value
$462,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,128
Avg. Annual Appreciation
14.85%
Original Mortgage
$143,910
Outstanding Balance
$123,818
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$329,008

Purchase Details

Closed on
Oct 1, 2005
Sold by
Mccoig Otis F and Mccoig Deborah
Bought by
Cotton Frank H and Cotton Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Morrow Steven L $160,000 None Available
Cotton Frank H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Steven L $143,910
Previous Owner Cotton Frank H $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $159,900 -7.5% $139 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $172,950 0.0% $150 / Sq Ft
08/21/2015 08/21/15 Rented $995 0.0% --
08/20/2015 08/20/15 Under Contract -- -- --
07/27/2015 07/27/15 For Rent $995 +20.6% --
08/08/2013 08/08/13 Rented $825 0.0% --
08/08/2013 08/08/13 For Rent $825 -- --
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 -- $333,510 $187,500 $146,010
2024 $1,474 $333,510 $187,500 $146,010
2023 $1,040 $333,510 $187,500 $146,010
2022 $985 $163,900 $87,000 $76,900
2021 $1,010 $163,900 $87,000 $76,900
2020 $985 $163,900 $87,000 $76,900
2019 $985 $88,970 $87,000 $1,970
2018 $908 $76,700 $74,000 $2,700
2017 $908 $76,700 $74,000 $2,700
2016 $883 $76,700 $74,000 $2,700
2015 $883 $149,050 $74,000 $75,050
2014 $796 $144,239 $90,000 $54,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100087938

Hive MLS

APN: 234FK014