NOT LISTED FOR SALE

1607 E Beach Dr Oak Island, NC 28465

Estimated Value: $948,000 - $1,037,000

3 Beds
2 Baths
1,249 Sq Ft
$789/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $835,000 $669 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,358/month

98 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • Enclosed Patio or Porch

About This Home

As of October 2022

NOSTALGIC ''OCEAN FRONT'', ''FURNISHED'' cottage on an oversized lot 50x250. When you walk through the door and see the charm of the beautiful wood ceilings with beams and wood floors, it will give you the feeling of instant peace. Sit on the covered enclosed porch and listen to the ocean waves, watch the dolphins and ships go by, feel the salt air, watch the amazing sunrises and sunsets. This 3 bedroom, 2 bath home has repeat rental clients who love vacationing and spending time on Oak Island. 2022 Revenue projections are approximately $60K. All windows and doors were replaced in 2021. This large lot has so much room for parking, visitors, potential pool and the house sits far enough off the road that you have your privacy. Investors you will love the repeat rental income. Oak Island is 15 minutes from historical Southport, 45 minutes to N Myrtle Beach or Wilmington. COME TAKE A LOOK!

Last Agent to Sell the Property

Kathy MacNish

Margaret Rudd Assoc/O.I. License #92024 Listed on: 07/07/2022

Last Buyer's Agent

Hank Troscianiec & Associates

Keller Williams Innovate-OKI

Keller Williams Innovate-OKI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1967

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50x250
  • Ocean Front
  • Property is zoned R7

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,249 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storm Windows

Kitchen

  • Stove
  • Built-In Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 235of023

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,659

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Disposal, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 396.00
  • Directions To Property: Middleton Bridge, turn left on E Beach Drive, property is on the righ
  • Document Count: 7
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100337631
  • List Priceper Sq Ft: 740.59
  • Location Type: Island
  • Lot Acres: 0.29
  • Lot Dimensions: 50x250
  • Lot Number: 4
  • Lot Sq Ft: 12500.00
  • Marketing City: Oak Island
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch, Enclosed
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • School District: Brunswick County Schools
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: Possible TOOI Sand Assessment
  • Sq Ft Heated: 1249.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: E. Long Beach
  • Tax Identifier: 235of023
  • Tax Year: 2022
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 3659.00
  • Total Heated Primary Separate Sq Ft: 1249.00
  • Water Heater: Electric
  • Year Built: 1967
  • Zoning: R7
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Tile, Wood
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s), Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Storm Windows
  • Exterior Finish: Vinyl Siding
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Oct 17, 2022
Sold by
Di Nonna Oki Llc
Bought by
Siulc Jason and Siulc Alexandra Jayne
Seller's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
Buyer's Agent
Hank Troscianiec & Associates
Atlantic Realty Professionals, Inc
List Price
$925,000
Sold Price
$835,000
Premium/Discount to List
-$90,000
-9.73%
Views
27
Current Estimated Value
$985,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,040
Avg. Annual Appreciation
5.32%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Finelli Rosaria
Bought by
Dinonna Oki Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Siulc Jason $835,000 --
Siulc Jason $835,000 None Listed On Document
Dinonna Oki Llc $400,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $835,000 -9.7% $669 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $925,000 -- $741 / 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 $3,099 $750,070 $575,000 $175,070
2024 $31 $750,070 $575,000 $175,070
2023 $2,076 $750,070 $575,000 $175,070
2022 $0 $357,920 $260,000 $97,920
2021 $2,018 $357,920 $260,000 $97,920
2020 $2,021 $357,920 $260,000 $97,920
2019 $2,030 $260,000 $260,000 $0
2018 $2,043 $361,010 $275,000 $86,010
2017 $2,043 $275,000 $275,000 $0
2016 $2,018 $275,000 $275,000 $0
2015 $2,018 $361,010 $275,000 $86,010
2014 $2,321 $457,500 $400,000 $57,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathy MacNish

    Margaret Rudd Assoc/O.I.

    (919) 352-2809

    94 in this area

    113 Total Sales

    Kathy MacNish
    Section Image
  • Hank Troscianiec & Associates

    Buyer's Agent in 2022

    Hank Troscianiec & Associates

    Keller Williams Innovate-OKI

    (910) 250-9338

    345 in this area

    1,014 Total Sales

    Hank Troscianiec & Associates
    Section Image
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Map

Source: Hive MLS

MLS Number: 100337631

Hive MLS

APN: 235OF023

North Carolina Brunswick County Oak Island 28465

1607 E Beach Dr, Oak Island, NC

Not Listed for Sale

Detached

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