NOT LISTED FOR SALE

205 NE 47th St Oak Island, NC 28465

Estimated Value: $434,000 - $474,000

2 Beds
1 Bath
1,040 Sq Ft
$432/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $400,000 $385 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,505/month

15 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Mud Room
  • Southport Elementary School Rated 9+
  • Furnished
  • 4-minute walk to Oak Island Park

About This Home

As of June 2022

GREAT CENTRAL LOCATION! This ADORABLE FURNISHED 2BR/1BA island cottage on 2 LOTS is ready for your immediate ENJOYMENT! The well cared for interior is a great blend of COZY ORIGINAL CHARM and UPDATES like new LVP flooring throughout (2021), storage closet added to laundry room (2021), newer appliances and hot water heater (2017/2018), newer windows (2017) and a whole house water filtratrion system w/reverse osmosis in kitchen. Outside, a SPACIOUS SCREENED PORCH leads you out into the FULLY FENCED (2020) backyard. Whether spending time in the CUSTOM GREENHOUSE (2020), tending to the 50+ year old grape vine, enjoying a quick rinse or a long soak in the OUTDOOR BATH HOUSE (2018) or chilling by the FIRE PIT, you are sure to find your PEACE in PARADISE here! Steps away from the BEACH, restuarants and shopping!Home has been used as a short-term rental since November of 2021 through AIRBNB. Rental income info and history available upon request.

Last Agent to Sell the Property

Julie Vanderpool

Keller Williams Innovate-OKI Listed on: 04/20/2022

Last Buyer's Agent

Monica Baxter

Lynda Haraway Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1967

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 110x120
  • Fenced Yard
  • Wood Fence
  • Property is zoned R6

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Mud Room
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Fire and Smoke Detector
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Greenhouse
  • Exterior Bathhouse
  • Outdoor Storage
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 3&4
  • Assessor Parcel Number 235ms023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Furnished, Mud Room
  • Laundry Location: Room
  • List Price per Sq Ft: 450.96
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 1040.00
  • Total Heated Primary Separate Sq Ft: 1040.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Block
  • Exterior Structures: Bathhouse, Storage, Shower, Green House
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Open, Screened, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Dryer, Stove/Oven - Electric, Washer, Refrigerator
  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Wall Furnace
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 846.00
  • Lot Acres: 0.30
  • Lot Dimensions: 110x120
  • Lot Number: 3&4
  • Lot Sq Ft: 13200.00
  • Lot Water Features: None
  • Plat Book: 5
  • Plat Page: 62-62A
  • Zoning: R6
  • Horse Amenities: None

Tax Info

  • Tax Identifier: 235ms023
  • Tax Year: 2021

MLS Schools

  • High School2: Early College
  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 2, 2022
Sold by
Gagnon Barbara J
Bought by
Jones Marty L and Dearman Connie J
Seller's Agent
Julie Vanderpool
Keller Williams Innovate-OKI
Buyer's Agent
Monica Baxter
Lynda Haraway Group Inc.
List Price
$469,000
Sold Price
$400,000
Premium/Discount to List
-$69,000
-14.71%
Current Estimated Value
$449,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,581
Avg. Annual Appreciation
3.52%
Original Mortgage
$320,000
Outstanding Balance
$304,053
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$145,528
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
Jones Marty L $400,000 Johnson Ryan W
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Marty L $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $400,000 -14.7% $385 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $469,000 -- $451 / 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 $1,546 $352,450 $247,500 $104,950
2024 $1,546 $352,450 $247,500 $104,950
2023 $920 $352,450 $247,500 $104,950
2022 $920 $140,950 $94,500 $46,450
2021 $890 $140,950 $94,500 $46,450
2020 $865 $140,950 $94,500 $46,450
2019 $865 $95,150 $94,500 $650
2018 $710 $60,650 $60,000 $650
2017 $703 $60,710 $60,000 $710
2016 $678 $60,710 $60,000 $710
2015 $678 $110,080 $60,000 $50,080
2014 $634 $110,735 $67,500 $43,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100323593

Hive MLS

APN: 235MS023