Seller's Agent in 2020
Rick Young
Southport Oak Island Real Estate
(910) 523-2880
24 in this area
34 Total Sales
227 NE 55th St Oak Island, NC 28465
Estimated Value: $592,000 - $744,000
3
Beds
2
Baths
1,800
Sq Ft
$358/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Great Room
- Wooded Lot
- Furnished
- Solid Surface Countertops
About This Home
As of December 2020There is plenty of room, both inside and out, with this 1800 square foot home sitting on a high corner lot. No flood insurance required on this one. The three-bedroom, two bath home has a dedicated master suite, nicely separated from the second and third bedrooms. There is an expansive great room/ kitchen combination and a vaulted ceiling in the family room. The family room opens onto a roomy screened in porch, perfect for fall entertaining. A large utility shed has room for beach toys, bikes a riding mower and even has a dedicated kayak locker. The double lot has enough room for a separate two car garage with a side entry. There is a dedicated laundry room, upgraded kitchen and master bath with a whirlpool bathtub. A 500 gallon LP tank behind the storage building is used to run the Gas Pack and could run other appliances as well.. Heading south you'll be on the beach in just about 800 yards. Head north and there is a convenient public boat launch facility at the end of 55th Street. The property is in a quiet part of Oak Island, away from vacationers. Come and see how easy beach living can be.
Last Agent to Sell the Property
Southport Oak Island Real Estate License #262357 Listed on: 10/27/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,264
Year Built
- Built in 1997
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 110 x 120
- Corner Lot
- Wooded Lot
- Property is zoned OK-R-6A
Home Design
- Block Foundation
- Wood Frame Construction
- Composition Roof
- Vinyl Siding
- Modular or Manufactured Materials
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Gas Log Fireplace
- Thermal Windows
- Blinds
- Great Room
- Family Room
- Combination Dining and Living Room
- Laminate Flooring
- Crawl Space
- Solid Surface Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Doors
- Fire and Smoke Detector
Parking
- Unpaved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Deck
- Screened Patio
- Outdoor Storage
- Porch
Utilities
- Central Air
- Heating System Uses Propane
- Propane
- Fuel Tank
Listing and Financial Details
- Tax Lot 14&15
- Assessor Parcel Number 236pn030
Community Details
Overview
- No Home Owners Association
- Tranquil Harbor Subdivision
Recreation
- Community Basketball Court
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2020
Closed on
Dec 3, 2020
Sold by
Ward David Alan and Ward Dawn Marie
Bought by
Beane Geri Howard and Beane Thomas Lloyd
Seller's Agent
Rick Young
Southport Oak Island Real Estate
Buyer's Agent
Frances Warner
Coldwell Banker Sea Coast Advantage
List Price
$350,000
Sold Price
$322,000
Premium/Discount to List
-$28,000
-8%
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
$322,636
Avg. Annual Appreciation
15.48%
Original Mortgage
$322,000
Outstanding Balance
$287,994
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$343,440
Purchase Details
Listed on
Aug 6, 2013
Closed on
Sep 9, 2013
Sold by
Household Realty Corp
Bought by
Ward David Alan and Ward Dawn Marie
Seller's Agent
The Allen Team
United Country Coastal Homes, LLC
Buyer's Agent
Catherine Riddle
Better Beach Sales & Rentals, Inc.
List Price
$137,900
Sold Price
$138,000
Premium/Discount to List
$100
0.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$145,000
Interest Rate
4.39%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 26, 2013
Sold by
Driggers Richard L and Driggers Barbara
Bought by
Household Realty Corp
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 |
|---|---|---|---|
| Beane Geri Howard | $345,000 | None Available | |
| Ward David Alan | $138,000 | None Available | |
| Household Realty Corp | $192,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beane Geri Howard | $322,000 | |
| Previous Owner | Ward David Alan | $145,000 | |
| Previous Owner | Driggers Richard L | $201,546 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2020 12/16/20 | Sold | $322,000 | -8.0% | $179 / Sq Ft |
| 11/01/2020 11/01/20 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | For Sale | $350,000 | +153.6% | $194 / Sq Ft |
| 09/30/2013 09/30/13 | Sold | $138,000 | +0.1% | $77 / Sq Ft |
| 09/24/2013 09/24/13 | Pending | -- | -- | -- |
| 08/06/2013 08/06/13 | For Sale | $137,900 | -- | $77 / 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 |
|---|---|---|---|---|
| 2024 | $2,264 | $540,420 | $247,500 | $292,920 |
| 2023 | $1,470 | $540,420 | $247,500 | $292,920 |
| 2022 | $1,470 | $245,780 | $94,500 | $151,280 |
| 2021 | $1,440 | $245,780 | $94,500 | $151,280 |
| 2020 | $1,415 | $245,780 | $94,500 | $151,280 |
| 2019 | $1,415 | $96,000 | $94,500 | $1,500 |
| 2018 | $1,082 | $61,810 | $60,000 | $1,810 |
| 2017 | $1,057 | $61,810 | $60,000 | $1,810 |
| 2016 | $1,032 | $61,810 | $60,000 | $1,810 |
| 2015 | $1,003 | $171,920 | $60,000 | $111,920 |
| 2014 | $966 | $179,530 | $67,500 | $112,030 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Young
-
Frances Warner
Buyer's Agent in 2020
Frances Warner
Coldwell Banker Sea Coast Advantage
(910) 233-7030
3 in this area
341 Total Sales
-
T
Seller's Agent in 2013
The Allen Team
United Country Coastal Homes, LLC
-
C
Buyer's Agent in 2013
Catherine Riddle
Better Beach Sales & Rentals, Inc.
-
Cathy Riddle
Buyer's Agent in 2013
Cathy Riddle
RE/MAX
(910) 523-1740
79 in this area
136 Total Sales
Map
Source: Hive MLS
MLS Number: 100243222
APN: 236PN030
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