Seller's Agent in 2023
Cory Ellis
eXp Realty
(910) 405-2455
8 in this area
95 Total Sales
202 NE 59th St Unit A & B Oak Island, NC 28465
Estimated Value: $586,820 - $698,000
4
Beds
2
Baths
1,740
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- Corner Lot
- Ground Level Unit
- Porch
- Southport Elementary School Rated 9+
- No HOA
- Brick Exterior Construction
About This Home
As of June 2023Meet the twins and get ready for double the fun and double the income with this amazing opportunity just moments away from the stunning sands of Oak Island! I'm excited to offer this duplex with furnished suites on a oversized corner lot at NE 59th and E Oak Drive. Have ''friends to your left'' and ''family on the right''. Each recently renovated to perfection with a playful beachy flair. Both properties feature windows that let in plenty of natural light, as well as new plumbing, drywall, and paint. The water-resistant and scratch-resistant wide plank flooring is perfect for sandy feet and paws, while the gorgeous fixtures, dark counters, white cabinets, subway backsplash, and stainless-steel appliances create a classic yet trendy look. With a concrete driveway and a double lot, there's ample parking and outdoor living space. Located in the heart of Oak Island, you'll be close to everything you need, including Publix, Food Lion, fine and casual dining, Pirates Deck Sports Bar, the public boat ramp on E Yacht and NE 55th, and the main beach strand just one block away on NE 58th Street. These homes are perfect for friends, investors, or those looking for a vacation home with rental potential. Don't miss out on this incredible value - let's double your pleasure and your fun!Turn Key for peak season.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,416
Year Built
- Built in 1973
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 120x110x120x110
- Corner Lot
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 2 Bathrooms
- 1-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Luxury Vinyl Plank Tile Flooring
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Parking
- 4 Parking Spaces
- Driveway
- Paved Parking
Outdoor Features
- Patio
- Porch
Location
- Ground Level Unit
Schools
- Southport Elementary School
- South Brunswick Middle School
- South Brunswick High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- Tranquil Harbor Subdivision
Listing and Financial Details
- Tax Lot 29 & 30
- Assessor Parcel Number 236pl018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2023
Closed on
Jun 15, 2023
Sold by
Ebbert Tara Marie and Ebbert Gene Richard
Bought by
Trop Melissa Ellen and Trop James Michael
Seller's Agent
Cory Ellis
eXp Realty
Buyer's Agent
Lary Ellis
eXp Realty
List Price
$640,000
Sold Price
$625,000
Premium/Discount to List
-$15,000
-2.34%
Views
175
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,705
Avg. Annual Appreciation
2.33%
Original Mortgage
$312,500
Outstanding Balance
$301,793
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$357,912
Purchase Details
Closed on
Oct 15, 2021
Sold by
Terrap Inhouse 2 Llc
Bought by
Ackerman Gene Richard and Ackerman Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,249
Interest Rate
2.88%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trop Melissa Ellen | $625,000 | None Listed On Document | |
| Ackerman Gene Richard | $525,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trop Melissa Ellen | $312,500 | |
| Previous Owner | Ackerman Gene Richard | $446,249 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/22/2023 06/22/23 | Sold | $625,000 | -2.3% | $359 / Sq Ft | |
| 05/20/2023 05/20/23 | Pending | -- | -- | -- | |
| 03/17/2023 03/17/23 | For Sale | $640,000 | +197.7% | $368 / Sq Ft | |
| 11/05/2020 11/05/20 | Sold | $215,000 | +1.4% | $124 / Sq Ft | View Prior Sale |
| 10/15/2020 10/15/20 | Pending | -- | -- | -- | |
| 10/06/2020 10/06/20 | For Sale | $212,000 | -- | $122 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $2,445 | $587,810 | $247,500 | $340,310 |
| 2024 | $2,445 | $587,810 | $247,500 | $340,310 |
| 2023 | $1,416 | $587,810 | $247,500 | $340,310 |
| 2022 | $1,416 | $235,340 | $94,500 | $140,840 |
| 2021 | $0 | $135,190 | $94,500 | $40,690 |
| 2020 | $835 | $135,190 | $94,500 | $40,690 |
| 2019 | $835 | $94,500 | $94,500 | $0 |
| 2018 | $602 | $60,000 | $60,000 | $0 |
| 2017 | $602 | $60,000 | $60,000 | $0 |
| 2016 | $577 | $60,000 | $60,000 | $0 |
| 2015 | $577 | $90,900 | $60,000 | $30,900 |
| 2014 | $582 | $99,840 | $67,500 | $32,340 |
Source: Public Records
Agents Affiliated with this Home
-
Cory Ellis
-
Lary Ellis
Seller Co-Listing Agent in 2023
Lary Ellis
eXp Realty
(858) 832-7179
3 in this area
37 Total Sales
-
C
Seller's Agent in 2020
Ceilidh Creech
Margaret Rudd Assoc/Sp
-
C
Buyer's Agent in 2020
Christopher Kuhn
RE/MAX
Map
Source: Hive MLS
MLS Number: 100372387
APN: 236PL018
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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