NOT LISTED FOR SALE

1928 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,802,000 - $1,906,000

0.17 Acre
$10,979,218 Price per Acre
7,405 Sq Ft Lot

Last Sold September 13, 2021

Last sale price $375,000 $165 Per Sq Ft

Est. 387% increase in value since last sale

Current estimated payment $10,153/month

16 Days on Market

Highlights

  • Water Views
  • Ocean Side of Freeway
  • Tennis Courts
  • Southport Elementary School Rated 9+
  • No HOA
  • Picnic Area

About This Lot

As of September 2021

This 2nd row lot offers a great central location on Oak Island. You not only get spectacular sunrises and sunsets over the ocean, but you are conveniently near to the beach access, restaurants, parks, pier,grocery stores and more. Everything you need and want is nearby and you are just a short 10-15 minute drive to Southport. If you are looking for a fantastic spot that has not been hit by the recent storms to build your dream home or rental investment home, this is the perfect location! This lot runs street to street so there is easy access and plenty of room for your dream home. Recently cleared and ready for your new home. You will not want to miss out on this lot.

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 07/24/2021

Last Buyer's Agent

John Hamilton

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,587

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned R7

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 235od001

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Trails
  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$3,587

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 3586.64
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 2352352.94
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No

Utilities

  • Fuel Tank: None
  • Utilities: Community Sewer Available, Community Water Available, Sewer Tap Available, Water Tap Available

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball, Picnic Grounds, Playground, Tennis, Trails

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 4061
  • Deed Page: 833.00
  • Lot Description: Open
  • Lot Dimensions: 50 x 150
  • Lot Number: 14
  • Lot Sq Ft: 7405.00
  • Lot Water Features: Ocean Side, Second Row
  • Zoning: R7
  • Acres: 0.17
  • Wooded Acres: 3586.00
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 14

Tax Info

  • Tax Identifier: 235od001
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Isenhour Homes Llc
Bought by
Stephens Services Oki Llc
Current Estimated Value
$1,824,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,227,909
Interest Rate
5.24%
Mortgage Type
New Conventional
Estimated Equity
$638,558

Purchase Details

Listed on
Jul 24, 2021
Closed on
Sep 9, 2021
Sold by
Amazin Properties Llc
Bought by
Isenhour Homes Llc
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
John Hamilton
Intracoastal Realty Corp
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.38%
Original Mortgage
$9,000,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2007
Sold by
Barwick Leah G
Bought by
Barwick Allan B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Stephens Services Oki Llc $1,596,500 --
Isenhour Homes Llc $390,000 None Available
Surratt Todd J $375,000 None Available
Barwick Allan B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Services Oki Llc $1,280,000
Previous Owner Surratt Todd J $9,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2021 09/13/21 Sold $375,000 -6.2% $165 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $399,900 -5.9% $176 / Sq Ft
05/31/2018 05/31/18 Sold $425,000 -7.6% $193 / Sq Ft View Prior Sale
04/11/2018 04/11/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $460,000 -- $209 / Sq Ft
Source: Hive MLS

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 $5,619 $1,366,150 $445,000 $921,150
2024 $55 $1,366,150 $445,000 $921,150
2023 $1,016 $1,341,640 $445,000 $896,640
2022 $1,016 $190,000 $190,000 $0
2021 $0 $611,740 $285,000 $326,740
2020 $3,587 $611,740 $285,000 $326,740
2019 $3,587 $296,950 $285,000 $11,950
2018 $2,541 $268,450 $255,000 $13,450
2017 $2,541 $268,450 $255,000 $13,450
2016 $2,491 $268,450 $255,000 $13,450
2015 $2,491 $436,440 $255,000 $181,440
2014 $3,037 $587,913 $450,000 $137,913
Source: Public Records

Agents Affiliated with this Home

  • John Hamilton

    Seller's Agent in 2021

    John Hamilton

    Better Beach Sales & Rentals, Inc.

    (910) 278-1147

    192 in this area

    218 Total Sales

    John Hamilton
    Section Image

  • J

    Seller's Agent in 2018

    Jack Royal

    Margaret Rudd Assoc/O.I.

    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Betty Jo Ellender

    Margaret Rudd Assoc/O.I.

    Section Image
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Map

Source: Hive MLS

MLS Number: 100282768

Hive MLS

APN: 235OD001

North Carolina Brunswick County Oak Island 28465

1928 E Beach Dr, Oak Island, NC

Not Listed for Sale

Lots

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