NOT LISTED FOR SALE

201 Caswell Beach Rd Oak Island, NC 28465

Estimated Value: $1,323,797 - $1,667,000

2 Beds
2 Baths
1,350 Sq Ft
$1,136/Sq Ft Est. Value

Last Sold February 06, 2020

Last sale price $760,000 $563 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,853/month

336 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Bamboo Flooring
  • In Ground Pool
  • Vaulted Ceiling
  • Furnished

About This Home

As of February 2020

Fully restored Caswell Beach cottage! Two floors, sleeps 4-6 people with two full baths. The Old Barn, as she is known, was built in 1935 and survived Hurricane Hazel in 1954. She was purchased in 2011 as a quaint, graying bungalow but has since been renovated with everything new, including an in-ground pool, lounge chairs and cabana. For the occasional rainy day, you will find the downstairs screened-in porch, complete with tiki bar and built in benches. Adjacent to the porch is a downstairs kitchen area, complete with sink, island and mini fridge (there is also a complete kitchen upstairs), making entertaining easy at both top and ground level. Strong rental income.

Last Agent to Sell the Property

Christine Cronick

Coldwell Banker Sea Coast Advantage Listed on: 02/05/2019

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Katherine Hufham

Southport Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,582

Year Built

  • Built in 1935

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x178x75x182
  • Ocean Front
  • Property is zoned CB-R12-SF

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Shutters
  • Blinds
  • Great Room
  • Family Room
  • Living Room
  • Ocean Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Wood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot L-1
  • Assessor Parcel Number 251nb031

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,582

Year Built

Built in 1935

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: 2.0
  • Stories Levels: Two
  • Year Built: 1935
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Bamboo, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 9Ft+ Ceilings, Skylights, Wet Bar, Smoke Detectors, Furnished, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 592.22
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 7
  • Bedroom 2 Level: Ground
  • Family Room Level: Upper
  • Great Room Level: Ground
  • Kitchen Level: Upper
  • Living Room Level: Upper
  • Primary Bedroom Level: Upper
  • Other Level: Ground
  • Sq Ft Heated: 1350.00
  • Total Heated Primary Separate Sq Ft: 1350.00

Exterior Features

  • Exterior Features: Shutters - Functional
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Open, Screened, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Gas, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • 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: No Amenities

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 585.00
  • Lot Acres: 0.29
  • Lot Dimensions: 75x178x75x182
  • Lot Number: L-1
  • Lot Sq Ft: 12824.00
  • Plat Book: 1
  • Plat Page: 123
  • Zoning: CB-R12-SF
  • Lot View Type: Ocean View

Green Features

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

Rental Info

  • Rental Income Gross Rental Income: 67000.00

Tax Info

  • Tax Identifier: 251nb031
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 1398.17
  • Total Real Estate Property Taxes: 4581.66

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Somersett Stephanie H and Bullard Norman Douglas
Bought by
Old Barn Family Trust and Bullard
Current Estimated Value
$1,533,449

Purchase Details

Closed on
Jul 7, 2022
Sold by
Bacchus Inc
Bought by
Somersett Stephanie H

Purchase Details

Listed on
Feb 5, 2019
Closed on
Feb 5, 2020
Sold by
Coonce Carolyn B
Bought by
Bacchus Inc
Seller's Agent
Christine Cronick
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Katherine Hufham
Southport Realty, Inc
List Price
$849,000
Sold Price
$760,000
Premium/Discount to List
-$89,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Mar 23, 2015
Sold by
Coonce Carolyn B
Bought by
Coone Carolyn B and The Carolyn B Coonce Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,250
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2011
Sold by
Ledgett Constance Agnes Hussey
Bought by
Coonce Carolyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Old Barn Family Trust -- None Listed On Document
Old Barn Family Trust -- None Listed On Document
Somersett Stephanie H -- Barnes Ned M
Somersett Stephanie H -- Barnes Ned M
Bacchus Inc $760,000 None Available
Coone Carolyn B -- None Available
Coonce Carolyn B $590,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coonce Carolyn B $444,250
Previous Owner Coonce Carolyn B $472,000
Previous Owner Ledgett Constance H $604,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2020 02/06/20 Sold $760,000 -10.5% $563 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
02/05/2019 02/05/19 For Sale $849,000 -- $629 / 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 -- $1,397,680 $1,200,000 $197,680
2024 $8,195 $1,397,680 $1,200,000 $197,680
2023 $5,585 $1,397,680 $1,200,000 $197,680
2022 $5,456 $668,970 $550,000 $118,970
2021 $5,456 $668,970 $550,000 $118,970
2020 $5,300 $668,970 $550,000 $118,970
2019 $5,292 $550,840 $550,000 $840
2018 $4,582 $500,720 $500,000 $720
2017 $4,552 $500,720 $500,000 $720
2016 $4,411 $500,720 $500,000 $720
2015 $4,411 $578,670 $500,000 $78,670
2014 -- $768,370 $675,000 $93,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100149006

Hive MLS

APN: 251NB031