NOT LISTED FOR SALE

2503 E Oak Island Dr Oak Island, NC 28465

Estimated Value: $442,000 - $525,000

3 Beds
2 Baths
1,352 Sq Ft
$352/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $252,900 $187 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,643/month

8 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Walk-In Closet

About This Home

As of June 2020

This is a well-maintained, one-owner second home. It has been occupied just a few times per year, and has recently been updated with new laminaate flooring and some new light fixtures. The porches and deck have been stained, and the front porch trim has been re-painted. There is a window A/C unit, which the sellers used for quick cooling when they came to the house. The floor plan is very desirable, with 2 bedrooms at the front, along with a laundry room and full bath. The roomy master suite is at the back, and includes a walk-in closet, garden tub, walk-in shower, and a water closet, The open concept living room, kitchen, and dining area provides for enjoyable family time. This home features a pantry, coat closet, general storage closet, and 2 linen closets, as well as additional storage in the laundry room. A slider in the dining area leads to a screened-in porch and open deck. The back yard is large enough for a storage building, as well as a pool, if desired. The lot behind this property is vacant and wooded, and borders Davis Canal. The house has a lighted crawl-space foundation. All appliances, including the washer and dryer, convey. Furniture is negotiable. This property is in an excellent location, with the Oak Island Recreation Center and walk-over on SE 31st just 5 blocks in one direction, and the walk-over on SE 20th only 5 blocks in the other.

Last Agent to Sell the Property

Daniel Ward

Coastal Lights Realty License #301003 Listed on: 04/29/2020

Last Buyer's Agent

Scott Earp

Art Skipper Realty Inc. License #230007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Open Lot
  • Property is zoned R6

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 235jl007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,803

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 187.06
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1352.00
  • Total Heated Primary Separate Sq Ft: 1352.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Screened, Open, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 249.00
  • Lot Acres: 0.17
  • Lot Description: Open
  • Lot Dimensions: 60 x 125
  • Lot Number: 3
  • Lot Sq Ft: 7405.00
  • Lot Water Features: None
  • Zoning: R6

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 235jl007
  • Tax Year: 2019

MLS Schools

  • High School2: Early College
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 8, 2020
Sold by
Cole James Steven and Cole Doris M
Bought by
Martino Nancy S and Martino Anthony J
Seller's Agent
Daniel Ward
Coastal Lights Realty
Buyer's Agent
Scott Earp
Art Skipper Realty Inc.
List Price
$252,900
Sold Price
$252,900
Current Estimated Value
$476,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,343
Avg. Annual Appreciation
12.48%
Original Mortgage
$202,320
Outstanding Balance
$179,341
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$296,902

Purchase Details

Closed on
May 1, 2004
Bought by
Cole James Steven
Source: Public Records

Range of Values:

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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
Martino Nancy S $253,000 None Available
Cole James Steven $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martino Nancy S $202,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $252,900 0.0% $187 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $252,900 -- $187 / 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 $1,803 $419,580 $145,000 $274,580
2024 $1,803 $419,580 $145,000 $274,580
2023 $1,294 $419,580 $145,000 $274,580
2022 $694 $212,250 $69,000 $143,250
2021 $631 $212,250 $69,000 $143,250
2020 $1,239 $212,250 $69,000 $143,250
2019 $1,239 $70,220 $69,000 $1,220
2018 $1,124 $38,470 $37,000 $1,470
2017 $1,124 $38,470 $37,000 $1,470
2016 $1,099 $38,470 $37,000 $1,470
2015 $1,099 $190,280 $37,000 $153,280
2014 $900 $165,902 $47,500 $118,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100215280

Hive MLS

APN: 235JL007