NOT LISTED FOR SALE

1631 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,495,000 - $2,022,000

6 Beds
4 Baths
3,110 Sq Ft
$555/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $990,000 $318 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,023/month

35 Days on Market

Highlights

  • Ocean Side of Freeway
  • Waterfront
  • Deck
  • Southport Elementary School Rated 9+
  • 0.54 Acre Lot
  • Vaulted Ceiling

About This Home

As of November 2019

No Reserve Auction to be held on-site, Saturday, October 26th, 2019, at 11:00 AM ET. Starting, Saturday, October 5th, 2019, open house previews every Saturday & Sunday 1:00 PM-4:00 PM, Private appointments available, Call for details. Unique opportunity to own a spacious and furnished oceanfront duplex with proven excellent rental history. 100 feet of beach frontage provides sweeping views of the sea and nearby Ocean Crest pier. Large oceanside decks, gazebo, and private beach access supply ample space for outdoor entertainment. Units are a mirror image with a lock-out door in-between. Use them separately or combined to accommodate large gatherings in this 6 bedroom, 4 bathroom home. Each unit boasts breathtaking views from the family room with fireplace as well as the eat-in kitchen and dining area. Enjoy sunrises and sunsets from your private master bedroom balcony. ''Southern Comfort'' 2 homes in one, awaits you, a solid investment for any portfolio or your dream vacation home!

Last Agent to Sell the Property

The CheekTeam Team

Keller Williams Innovate-OIB Mainland Listed on: 09/21/2019

Keller Williams Innovate-OIB Mainland

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 86x26x100x250
  • Waterfront
  • Dunes

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Gazebo

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 16 p/o 15
  • Assessor Parcel Number 235of013

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Agreement Service: Limited Service
  • Agreement Type: Exclusive Right to Sell
  • Appliances Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Appointment Center Phone: 844-943-5483
  • Auction: Yes
  • Auction Auction Location: On site
  • Auction Time: 11 AM
  • Auction Bidder Must Qualify: Yes
  • Auction Real Estate Only: No
  • Real Estateand Personal Property: Yes
  • Cobra Zone: No
  • Construction: Wood Frame
  • Cooling System: Central
  • Deed Book: 2249
  • Deed Page: 153.00
  • Directions To Property: Middleton Road South to Beach DriveTurn Left on Beach DriveProperty will be beach side on the right 1631 E Beach
  • Document Count: 7
  • Elementary School: Southport
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: 2
  • Foundation: Pilings
  • Fuel Tank: None
  • Handicap Accessible: None
  • High School: South Brunswick
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100185901
  • List Priceper Sq Ft: 384.24
  • Location Type: Island
  • Lot Acres: 0.54
  • Lot Description: Dunes
  • Lot Dimensions: 86x26x100x250
  • Lot Number: 16 p/o 15
  • Lot Sq Ft: 23522.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island
  • Middle School: South Brunswick
  • M L S Approved: Y
  • Modifier Number: & 1629
  • New Construction: No
  • Porch Balcony Deck: Balcony, Covered, Deck, Open, Patio, Porch
  • Post Closing Closing Comments: Absolute Auction
  • Post Closing Seller Concessions: No
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • School District: Brunswick
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: Estate Sale
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Subdivision: E. Long Beach
  • Tax Identifier: 235of013
  • Tax Year: 2018
  • Terms: Cash
  • Water Heater: Electric
  • Waterview: Yes
  • Where Located: 1631 front door
  • Year Built: 1997
  • Zoning: OK-R-7
  • Appointment Contact: Elite Auctions
  • Financials Available: Yes
  • Income Property: Yes
  • Pets: No
  • Property Mgmt Company: No
  • Appliance: Cooktop - Electric, Dishwasher, Disposal, Dryer, Ice Maker, Microwave Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling: Central
  • Features: Extra Storage, Fireplace, Kitchen, Living Room, Patio/Balcony/Deck, W/D Hookup
  • Occupied: No
  • Rent Frequency: Other
  • Side Unit2 Appliance: Cooktop - Electric, Dishwasher, Disposal, Dryer, Ice Maker, Microwave Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Side Unit2 Cooling: Central
  • Side Unit2 Features: Extra Storage, Fireplace, Kitchen, Living Room, Patio/Balcony/Deck, W/D Hookup
  • Side Unit2 Heating: Forced Air
  • Side Unit2 Occupied: No
  • Side Unit2 Rent Frequency: Other
  • Total Heated Sq Ft: 3110.00
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, Tile
  • Interior Amenities: Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Furnished, Gas Logs, Pantry, Smoke Detectors, Walk-in Shower
  • Laundry Location: Closet, Hall, Hookup - Dryer, Hookup - Washer
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 6
  • Furnished: Yes
  • Bedrooms: 3
  • Side Unit2 Furnished: Yes
  • Numberof Bedrooms: 3

Exterior Features

  • Exterior Features: Gazebo
  • Exterior Finish: Vinyl Siding
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: On Site, Paved

Utilities

  • Heating System: Heat Pump
  • Utilities: Community Sewer, Community Water
  • Heating: Forced Air

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2019
Closed on
Nov 19, 2019
Sold by
Kennell Property Resources Llc
Bought by
Coastal Lts Llc
Seller's Agent
The CheekTeam Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
A Non Member
A Non Member
List Price
$1,195,000
Sold Price
$990,000
Premium/Discount to List
-$205,000
-17.15%
Current Estimated Value
$1,726,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,196
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
Sep 30, 2005
Sold by
Abernathy G Wayne and Abernathy Barbara
Bought by
Kennell Property Resources 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
Coastal Lts Llc $990,000 None Available
Kennell Property Resources Llc $1,350,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $990,000 -17.2% $318 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
09/21/2019 09/21/19 For Sale $1,195,000 -- $384 / 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 -- $1,775,170 $862,500 $912,670
2024 $76 $1,775,170 $862,500 $912,670
2023 $5,907 $1,775,170 $862,500 $912,670
2022 $5,907 $992,460 $390,000 $602,460
2021 $5,833 $992,460 $390,000 $602,460
2020 $0 $992,460 $390,000 $602,460
2019 $5,742 $395,620 $390,000 $5,620
2018 $4,349 $555,300 $550,000 $5,300
2017 $4,349 $555,300 $550,000 $5,300
2016 $4,299 $555,300 $550,000 $5,300
2015 $4,299 $770,010 $550,000 $220,010
2014 $5,157 $1,016,730 $800,000 $216,730
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    The CheekTeam Team

    Keller Williams Innovate-OIB Mainland

    Section Image

  • A

    Buyer's Agent in 2019

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100185901

Hive MLS

APN: 235OF013

North Carolina Brunswick County Oak Island 28465

1631 E Beach Dr, Oak Island, NC

Not Listed for Sale

MultiFamily

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