NOT LISTED FOR SALE

224 NE 49th St Oak Island, NC 28465

Estimated Value: $814,000 - $886,000

0.62 Acre
$1,359,629 Price per Acre
27,007 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $170,000

Est. 396% increase in value since last sale

Current estimated payment $4,704/month

12 Days on Market

Highlights

  • 0.62 Acre Lot
  • Wooded Lot
  • No HOA
  • Southport Elementary School Rated 9+
  • Corner Lot

About This Lot

As of July 2016

4 Lots in Great Location! Easy Golf Cart ride or walk to Beach. Corner of East Holly and NE 49th Street. Beach access easy walk up 49th and directly across Oak Island Drive-- about .5 miles. Short Distance to restaurants & shopping. Assessment has been paid on the combined 4 lot parcel. Build your dream home on one and sell the other three. Lots are zoned X, so no flood insurance is required

Last Agent to Sell the Property

Lynda Young

Margaret Rudd Assoc/O.I. License #204710 Listed on: 05/04/2016

Last Buyer's Agent

Scott Isenhour

Isenhour Realty LLC. License #191713

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,094

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 122x221x122x220
  • Corner Lot
  • Wooded Lot
  • Property is zoned OK-R-6A

Schools

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

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 16--19
  • Assessor Parcel Number 235mr009

Property Details

Property Type

Land

Est. Annual Taxes

$2,094

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St), See Remarks
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 122

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 293
  • Deed Page: 200.00
  • Lot Description: Corner Lot, See Remarks, Wooded
  • Lot Dimensions: 122x221x122x220
  • Lot Number: 16--19
  • Lot Sq Ft: 27007.00
  • Lot Water Features: None
  • Plat Book: 5
  • Plat Page: 62-62A
  • Zoning: OK-R-6A
  • Acres: 0.62
  • Wooded Acres: 0.62
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: No
  • List Price per Acre: 306451.61
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 16--19

Tax Info

  • Tax Identifier: 235mr009
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1244.00
  • Total Real Estate Property Taxes: 2094.00
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Hammonds Delmer G and Hammonds Monnie M
Bought by
Coppick Richard
Current Estimated Value
$842,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$154,747
Interest Rate
6.27%
Mortgage Type
VA
Estimated Equity
$688,223

Purchase Details

Closed on
Mar 24, 2020
Sold by
Murphy Duane and Murphy Janet
Bought by
Hammonds Delmer G and Hammonds Monnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2016
Sold by
Isenhour Homes Llc
Bought by
Murphy Duane and Murphy Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 24, 2016
Sold by
Edwards A G and Edwards Judith L
Bought by
Isenhour Homes Llc
Seller's Agent
Lynda Young
Margaret Rudd Assoc/O.I.
Buyer's Agent
Scott Isenhour
Isenhour Realty LLC.
List Price
$190,000
Sold Price
$170,000
Premium/Discount to List
-$20,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.74%
Original Mortgage
$290,400
Interest Rate
3.58%
Mortgage Type
Construction
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
Coppick Richard $775,000 --
Hammonds Delmer G $405,000 None Available
Murphy Duane $100,000 None Available
Isenhour Homes Llc $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coppick Richard $160,000
Previous Owner Hammonds Delmer G $180,900
Previous Owner Murphy Duane $270,000
Previous Owner Isenhour Homes Llc $290,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $170,000 -10.5% --
05/16/2016 05/16/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $190,000 -- --
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 $2,976 $726,590 $247,500 $479,090
2024 $2,976 $726,590 $247,500 $479,090
2023 $2,105 $726,590 $247,500 $479,090
2022 $2,105 $366,660 $94,500 $272,160
2021 $2,075 $366,660 $94,500 $272,160
2020 $2,050 $366,660 $94,500 $272,160
2019 $2,050 $97,500 $94,500 $3,000
2018 $1,679 $63,200 $60,000 $3,200
2017 $824 $80,000 $80,000 $0
2016 $850 $160,000 $160,000 $0
2015 $850 $160,000 $160,000 $0
2014 $879 $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100011324

Hive MLS

APN: 235MR009