NOT LISTED FOR SALE

2502 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,105,000 - $1,183,988

4 Beds
3 Baths
1,818 Sq Ft
$637/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $732,000 $403 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,406/month

6 Days on Market

Highlights

  • Ocean View
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Wood Flooring
  • 1 Fireplace

About This Home

As of September 2021

Open this treasure chest of a home to find True Luck. Come enjoy ocean views and breezes in this delightful beach home. With an ocean view over the public access this second row home will always have a beautiful unobstructed view. The living/dining/kitchen area is open concept and the kitchen includes a peninsula for seating. The fireplace (non functioning)is the focal point in the living space but there are double windows in both the living AND dining area to enjoy the ocean views from the inside. The home is being sold furnished. Everything you see comes with the home. It features 4 bedrooms and 3 bathrooms. Each of the ocean facing bedrooms has its own balcony with beautiful views. This well loved home has been freshly painted inside plus includes new window blinds. In addition to all the standard kitchen appliances, this home includes a separate ice maker, you won't find that in every kitchen! There are some other recent updates that add it's charm. Do you want more? The home is situated on an oversized lot. The backyard is large enough to create your very own oasis. Pool? Deck? Fire Pit? Swings? Whatever you want you can create it! And yes there is plenty of storage under the house for beach toys, seasonal decor or luggage. Be sure to take a look at the outdoor shower, plenty of space to rinse off the sand. Even a little dressing area inside the shower. If you want True Luck you don't want to miss this home! Investors take note, while the property isn't currently in a rental program, it has plenty of rental potential, just be sure to save some time for yourself.

Last Agent to Sell the Property

Connie Kisling

Margaret Rudd Assoc/O.I. License #310978 Listed on: 07/21/2021

Last Buyer's Agent

Gerry Hardee

Century 21 Collective License #153693

Century 21 Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1983

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Wood Fence
  • Corner Lot
  • Open Lot

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,818 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Partial Basement
  • Storage In Attic

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 235oc018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,310

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Disposal, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 679.00
  • Directions To Property: From Middleton turn left on to Beach Drive continue to 25th place east. The house is on the corner.
  • Document Count: 4
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Partial, Wood
  • Fireplace: 1
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks
  • Listing I D: 100282108
  • List Priceper Sq Ft: 398.79
  • Location Type: Island
  • Lot Acres: 0.26
  • Lot Description: Corner Lot, Open
  • Lot Dimensions: 75 x 150
  • Lot Number: 1
  • Lot Sq Ft: 11250.00
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: Yes
  • Special Assessments: none known
  • Sq Ft Heated: 1818.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Subdivision: E. Long Beach
  • Tax Identifier: 235oc018
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 2309.80
  • Total Heated Primary Separate Sq Ft: 1818.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1983
  • Zoning: Residential
  • Lot View Type: Ocean View
  • Home Warranty Termite: Termite Bond
  • Home Warranty Termite Company: Manning Pest
  • Home Warranty Termite Company Phone: (910) 457-5289
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Furnished, Pantry, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Closet, Kitchen
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom1 Level: Main
  • Bedroom3 Level: Upper
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower, Storage
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 1800 - 1999
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 1, 2021
Sold by
Watson J Tyler J and Watson Mary Catherine
Bought by
Seavey Gary and Seavey Roberta E
Seller's Agent
Connie Kisling
Margaret Rudd Assoc/O.I.
Buyer's Agent
Gerry Hardee
Century 21 Collective
List Price
$725,000
Sold Price
$732,000
Premium/Discount to List
$7,000
0.97%
Current Estimated Value
$1,157,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,497
Avg. Annual Appreciation
11.11%
Original Mortgage
$420,000
Outstanding Balance
$381,884
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$775,613

Purchase Details

Closed on
Aug 10, 2020
Sold by
Watson Lea Truluck and Tyler Watson J
Bought by
Watson J Tyler J and Watson Mary Catherine

Purchase Details

Closed on
Sep 14, 2010
Sold by
Truluck M Lynda
Bought by
Truluck Mary Lynda and Mary Lynda Truluck Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seavey Gary $732,000 None Available
Watson J Tyler J -- None Available
Truluck Mary Lynda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seavey Gary $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $732,000 +1.0% $403 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $725,000 -- $399 / 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 $4,251 $1,008,240 $534,000 $474,240
2024 $43 $1,008,240 $534,000 $474,240
2023 $2,347 $1,008,240 $534,000 $474,240
2022 $2,347 $412,810 $228,000 $184,810
2021 $0 $411,390 $228,000 $183,390
2020 $0 $411,390 $228,000 $183,390
2019 $2,337 $229,090 $228,000 $1,090
2018 $1,858 $171,010 $170,000 $1,010
2017 $1,858 $171,010 $170,000 $1,010
2016 $1,833 $171,010 $170,000 $1,010
2015 $1,833 $322,570 $170,000 $152,570
2014 $2,098 $408,720 $300,000 $108,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100282108

Hive MLS

APN: 235OC018