NOT LISTED FOR SALE

2229 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,207,088 - $1,372,000

5 Beds
3.5 Baths
1,657 Sq Ft
$791/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $936,000 $565 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,858/month

143 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Deck
  • Furnished

About This Home

As of December 2021

Reduced ! Oceanfront home! 5 Bedrooms 3.5 Baths! Over-sized deck providing great views and plenty of space for tanning. Covered gazebo with private access to the beach. Strong rental history.

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 05/28/2021

Last Buyer's Agent

Thomas Towery

Essey & Associates, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50x250
  • Ocean Front
  • Dunes

Home Design

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

Interior Spaces

  • 1,657 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Open Patio
  • Gazebo
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 235oe018

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 120.00
  • Directions To Property: East Beach add to 2200 Blocks
  • Document Count: 4
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100273918
  • List Priceper Sq Ft: 579.30
  • Location Type: Island
  • Lot Acres: 0.29
  • Lot Description: Dunes
  • Lot Dimensions: 50x250
  • Lot Number: 15
  • Lot Sq Ft: 12500.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Open, Porch, Deck
  • Pre Direction: E
  • Prospect Exempt: Yes
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 1657.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: E. Long Beach
  • Tax Identifier: 235oe018
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 1657.00
  • Un Branded Virtual Tour: https://my.matterport.com/show/?m=Jnt2MTMcxEe&mls=1
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 2004
  • Zoning: Residential
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, Tile
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Furnished, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Bedroom4 Level: Second
  • Bedroom5 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Gazebo
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Heated Sq Ft: 1600 - 1799
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Nov 10, 2021
Sold by
Kaley Properties Llc
Bought by
2229 E Beach Drive Llc
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Thomas Towery
Essey & Associates, Inc.
List Price
$979,900
Sold Price
$936,000
Premium/Discount to List
-$43,900
-4.48%
Current Estimated Value
$1,311,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,022
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Hamilton John G and Hamilton Barbara Marie
Bought by
Hamilton John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$897,000
Interest Rate
6.33%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2229 E Beach Drive Llc $936,000 None Available
Hamilton John G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton John G $897,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $936,000 -2.5% $565 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $959,900 -2.0% $579 / Sq Ft
05/27/2021 05/27/21 For Sale $979,900 -- $591 / 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 -- $1,000,210 $575,000 $425,210
2024 $40 $994,210 $575,000 $419,210
2023 $2,869 $994,210 $575,000 $419,210
2022 $0 $499,190 $260,000 $239,190
2021 $2,762 $499,190 $260,000 $239,190
2020 $2,762 $499,190 $260,000 $239,190
2019 $2,762 $263,500 $260,000 $3,500
2018 $2,633 $277,830 $275,000 $2,830
2017 $2,590 $277,830 $275,000 $2,830
2016 $2,567 $277,830 $275,000 $2,830
2015 $2,570 $466,590 $275,000 $191,590
2014 $2,736 $541,966 $400,000 $141,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100273918

Hive MLS

APN: 235OE018