NOT LISTED FOR SALE

145 NW 5th St Oak Island, NC 28465

Estimated Value: $375,000 - $406,000

2 Beds
1 Bath
912 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $270,000 $296 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,167/month

14 Days on Market

Highlights

  • Deck
  • No HOA
  • Picnic Area
  • Southport Elementary School Rated 9+
  • Tennis Courts
  • Outdoor Shower

About This Home

As of October 2021

This charming beach cottage is freshly painted and features other updates, plus plenty of opportunity to put your own stamp on it. This home offers a great sun deck to enjoy those fantastic ocean breezes, as well as covered parking. Perfectly located near the Intracoastal Waterway and the ocean, you are within walking distance to great fishing and the beach! The home is also located very near to the new bridge so getting on and off the island is easy, yet youare still in a quiet residential area. This home would make a great primary residence, second home or rental investment property. Come and see for yourself and get ready to make this Oak Island home your new coastal living dream come true!

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 08/19/2021

Last Buyer's Agent

Team NC Coastal Living

Coldwell Banker Sea Coast Advantage License #214168

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1987

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55 x 120

Home Design

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

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 234ek015

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$871

Year Built

Built in 1987

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: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades
  • List Price per Sq Ft: 328.84
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 912.00
  • Total Heated Primary Separate Sq Ft: 912.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Picnic Area, Trail(s), Tennis Court(s), Playground

Lot Info

  • Deed Page: 685.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55 x 120
  • Lot Sq Ft: 6534.00
  • Plat Book: 6
  • Plat Page: 67
  • Special Assessments: Oak Island Sewer
  • Zoning: R

Tax Info

  • Tax Identifier: 234ek015
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 870.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 12, 2021
Sold by
Moody Roger A and Moody Denise M
Bought by
Moncus Scott Odell and Moncus Lisa Vestal
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Team NC Coastal Living
Coldwell Banker Sea Coast Advantage
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Current Estimated Value
$392,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,146
Avg. Annual Appreciation
9.68%
Original Mortgage
$270,000
Outstanding Balance
$228,299
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$163,847

Purchase Details

Listed on
Apr 15, 2016
Closed on
Apr 29, 2016
Sold by
Whiting Peter E and Whiting Susan Gail
Bought by
Moody Roger A and Moody Denise M
Seller's Agent
Jim Lunsford
Berkshire Hathaway HomeServices Hometown, REALTORS
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%

Purchase Details

Closed on
Nov 1, 1994
Bought by
Whiting Peter E
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
Moncus Scott Odell $270,000 None Listed On Document
Moody Roger A $135,000 None Available
Whiting Peter E $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moncus Scott Odell $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $270,000 -10.0% $296 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $299,900 +122.1% $329 / Sq Ft
04/29/2016 04/29/16 Sold $135,000 -9.9% $148 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $149,900 -- $164 / 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 $1,334 $322,950 $125,000 $197,950
2024 $1,334 $322,950 $125,000 $197,950
2023 $898 $322,950 $125,000 $197,950
2022 $898 $153,940 $58,000 $95,940
2021 $0 $153,940 $58,000 $95,940
2020 $871 $153,940 $58,000 $95,940
2019 $871 $58,000 $58,000 $0
2018 $741 $129,300 $37,000 $92,300
2017 $741 $37,000 $37,000 $0
2016 $729 $37,000 $37,000 $0
2015 $729 $129,300 $37,000 $92,300
2014 $658 $126,030 $45,000 $81,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100286932

Hive MLS

APN: 234EK015