NOT LISTED FOR SALE

2345 W Beach Dr Oak Island, NC 28465

Estimated Value: $875,143 - $1,015,000

4 Beds
2 Baths
1,707 Sq Ft
$546/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $620,000 $363 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,200/month

12 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Furnished
  • Deck
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of August 2021

OCEANFRONT Nostalgic Cottage on Oak Island Beach. This rustic beach home boasts hardwood floors and wood beamed ceilings on the upper level. A large sunroom on the front allows you to sit inside and enjoy the beauty of the beach and watch the sunrises and sunsets. Step onto the large deck to enjoy the sun or just relax with family and friends. Downstairs consist of a separate living area, play area, bedroom, new bath and laundry room. The downstairs was recently totally remodeled. You will love the updates. HVAC downstairs is new and unit upstairs has been refurbished. New Roof. New Paint on the Outside and Downstairs. This house has lots of space for renters or family & friends. Property is currently under the rental program. Rental income has not been maximized due to getting repairs done from hurricane, COVID and block out time for family and friends. Buyers could substantially increase the rental income. Oak Island has lots of restaurants, shopping and entertainment. Located only 15 minutes from Southport and 45 minutes to Wilmington and Myrtle Beach. Please come take a look.

Last Agent to Sell the Property

Kathy MacNish

Margaret Rudd Assoc/O.I. License #92024 Listed on: 06/17/2021

Last Buyer's Agent

Hank Troscianiec

Keller Williams Innovate-OKI

Keller Williams Innovate-OKI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,016

Year Built

  • Built in 1968

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Ocean Front
  • Property is zoned R7

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,707 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Water Views
  • Storm Windows

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • On-Site Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 23&24
  • Assessor Parcel Number 234od019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,016

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Concrete, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1968
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Concrete, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Laundry Location: Room
  • List Price per Sq Ft: 348.56
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Sq Ft Heated: 1707.00
  • Total Heated Primary Separate Sq Ft: 1707.00

Exterior Features

  • Exterior Features: Storm Windows
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 1.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50x150
  • Lot Number: 23&24
  • Lot Sq Ft: 7500.00
  • Plat Book: 2.5
  • Plat Page: 204
  • Special Assessments: TOOI Sand Assessment
  • Zoning: R7

Tax Info

  • Tax Identifier: 234od019
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 4016.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 4, 2021
Sold by
Brooks Charles A
Bought by
Thomas Greg and Pepin Heidi J
Seller's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
Buyer's Agent
Hank Troscianiec
Keller Williams Innovate-OKI
List Price
$595,000
Sold Price
$620,000
Premium/Discount to List
$25,000
4.2%
Current Estimated Value
$929,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,328
Avg. Annual Appreciation
10.68%
Original Mortgage
$496,000
Outstanding Balance
$452,960
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$478,326

Purchase Details

Closed on
Feb 1, 1999
Bought by
Brooks Charles A
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
Thomas Greg $620,000 None Available
Brooks Charles A $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Greg $496,000
Previous Owner Brooks Charles A $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $620,000 +4.2% $363 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $595,000 -- $349 / 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
2024 $3,212 $782,720 $575,000 $207,720
2023 $2,297 $782,720 $575,000 $207,720
2022 $2,297 $402,230 $275,000 $127,230
2021 $0 $402,230 $275,000 $127,230
2020 $2,270 $402,230 $275,000 $127,230
2019 $2,270 $275,000 $275,000 $0
2018 $2,206 $390,670 $275,000 $115,670
2017 $2,206 $275,000 $275,000 $0
2016 $2,181 $275,000 $275,000 $0
2015 $2,181 $390,670 $275,000 $115,670
2014 $2,559 $504,490 $400,000 $104,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100276844

Hive MLS

APN: 234OD019