NOT LISTED FOR SALE

137 NE 5th St Oak Island, NC 28465

Estimated Value: $321,000 - $362,000

2 Beds
1 Bath
768 Sq Ft
$438/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $170,000 $221 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,852/month

88 Days on Market

Highlights

  • Waterfront Community
  • Fitness Center
  • Vaulted Ceiling
  • Southport Elementary School Rated 9+
  • Deck
  • Wood Flooring

About This Home

As of May 2020

Walk, golf cart or ride your bike to the beach from this affordable, cute stick built beach house. The hardwood floors and wood beam ceiling give this home a Caribbean vibe. Low maintenance vinyl siding and newer roof and HVAC. Large open living/kitchen with 2 large bedrooms and 1 bath. Ceiling fans in every room. Lots of great entertaining space in the fenced in yard with lots of room for the kids and the family pet. Great investment or keep it for yourself! Oak Island has a small town feel but has lots of shopping, restaurants and fun activities for the whole family. Close to downtown Southport, 45 minutes to Wilmington and Myrtle Beach.

Last Agent to Sell the Property

Kristin Aroner

Coldwell Banker Sea Coast Advantage License #276526 Listed on: 01/16/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1971

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Fenced Yard
  • Chain Link Fence
  • Open Lot
  • Irrigation
  • Property is zoned OK-R-6A

Home Design

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

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Parking Spaces
  • Unpaved Parking

Outdoor Features

  • Deck
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 235hb015

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,478

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 234.24
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 3
  • Sq Ft Heated: 768.00
  • Total Heated Primary Separate Sq Ft: 768.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Chain Link
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Playground, Tennis Court(s), Street Lights, Fitness Center

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 705.00
  • Lot Acres: 0.15
  • Lot Description: Open
  • Lot Dimensions: 55x120
  • Lot Number: 23
  • Lot Sq Ft: 6534.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 6
  • Plat Page: 2
  • Zoning: OK-R-6A

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 235hb015
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 581.73
  • Total Real Estate Property Taxes: 1478.00

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
May 13, 2020
Sold by
Joyce Henry and Nance Alicia
Bought by
Peterson Matthew J and Evans Elizabeth
Seller's Agent
Kristin Aroner
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$189,000
Sold Price
$170,000
Premium/Discount to List
-$19,000
-10.05%
Current Estimated Value
$336,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,298
Avg. Annual Appreciation
13.36%
Original Mortgage
$136,000
Outstanding Balance
$120,515
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$215,783

Purchase Details

Closed on
Jun 8, 2018
Sold by
Dube Joy Johnson
Bought by
Joyce Henry and Nance Alicia

Purchase Details

Closed on
Jun 5, 2018
Sold by
Long Teresa and Long Timothy
Bought by
Joyce Henry and Nance Alicia

Purchase Details

Closed on
May 6, 2016
Sold by
Dube Joy Johnson
Bought by
Dube Joy Johnson

Purchase Details

Closed on
Sep 1, 1976
Bought by
Miller Margaret A and Smith Teresa I
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
Peterson Matthew J $170,000 None Available
Joyce Henry $22,000 None Available
Joyce Henry $16,500 None Available
Dube Joy Johnson -- None Available
Miller Margaret A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Matthew J $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $170,000 -10.1% $221 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $189,000 -- $246 / 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 $890 $206,750 $147,000 $59,750
2024 $890 $206,750 $147,000 $59,750
2023 $609 $206,750 $147,000 $59,750
2022 $609 $98,900 $68,000 $30,900
2021 $594 $98,900 $68,000 $30,900
2020 $582 $98,900 $68,000 $30,900
2019 $582 $68,000 $68,000 $0
2018 $443 $72,520 $37,000 $35,520
2017 $443 $37,000 $37,000 $0
2016 $431 $37,000 $37,000 $0
2015 $431 $72,520 $37,000 $35,520
2014 $384 $69,210 $45,000 $24,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100199825

Hive MLS

APN: 235HB015