NOT LISTED FOR SALE

220 NE 55th St Oak Island, NC 28465

Estimated Value: $316,000 - $598,000

0.15 Acre
$3,365,560 Price per Acre
6,534 Sq Ft Lot

Last Sold October 04, 2023

Last sale price $185,000 $140 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,798/month

About This Lot

As of October 2023

Incredible location on Oak Island! This beautiful homesite is waiting for its new owner. With over 55 ft of road frontage and 120 ft deep, it will accommodate your new coastal home. Close to all the shops and restaurants with a walk away from the beach, your coastal lifestyle is waiting.

Last Agent to Sell the Property

Andra Browning

Keller Williams Innovate-Wilmington Listed on: 08/24/2023

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Andra Browning

Keller Williams Innovate-Wilmington Listed on: 08/24/2023

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,796

Lot Details

  • 6,534 Sq Ft Lot
  • Cleared Lot
  • Wooded Lot

Basement

  • Partial Basement

Schools

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

Community Details

  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 236pn01501

Property Details

Property Type

Land

Est. Annual Taxes

$1,796

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 55

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 890.00
  • Lot Description: See Remarks
  • Lot Number: 22
  • Lot Sq Ft: 6534.00
  • Zoning: Residential
  • Acres: 0.15
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1233333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Wooded
  • Lot Number2: 22

Tax Info

  • Tax Identifier: 236pn01501
  • Tax Year: 2022

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Hall Justin Dwight and Hall Megan
Bought by
Browning Christopher D and Browning Andra L
Current Estimated Value
$504,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$303,855
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$200,979

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 29, 2023
Sold by
Hall Dwight Marsh
Bought by
S & S Family Investments Llc
Seller's Agent
Andra Browning
Keller Williams Innovate-Wilmington
Buyer's Agent
Andra Browning
Keller Williams Innovate-Wilmington
List Price
$185,000
Sold Price
$185,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.41%

Purchase Details

Closed on
Dec 15, 2009
Sold by
Hall Pamela D
Bought by
Hall Dwight M
Source: Public Records

Range of Values:

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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
Browning Christopher D $410,000 None Listed On Document
S & S Family Investments Llc $185,000 None Listed On Document
S & S Family Investments Llc $185,000 None Listed On Document
Hall Dwight M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Christopher D $307,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $185,000 0.0% $140 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $185,000 -- $140 / 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 $1,796 $417,920 $165,000 $252,920
2024 $1,796 $417,920 $165,000 $252,920
2023 $1,533 $582,920 $330,000 $252,920
2022 $1,533 $257,620 $126,000 $131,620
2021 $1,503 $257,620 $126,000 $131,620
2020 $1,478 $257,620 $126,000 $131,620
2019 $1,478 $128,440 $126,000 $2,440
2018 $1,233 $82,950 $80,000 $2,950
2017 $1,233 $82,950 $80,000 $2,950
2016 $1,208 $82,950 $80,000 $2,950
2015 $1,208 $211,000 $80,000 $131,000
2014 $1,061 $199,203 $90,000 $109,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100401659

Hive MLS

APN: 236PN01501