NOT LISTED FOR SALE

2505 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,504,273 - $1,765,000

6 Beds
4.5 Baths
2,551 Sq Ft
$648/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $1,013,715 $397 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,260/month

245 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Ocean Front
  • Fitness Center
  • Wood Flooring

About This Home

As of April 2020

To Be Built on the OCEANFRONT! This 6 bedroom, 4.5 bathroom home with its innovative engineering and design will be the perfect combination of coastal living and luxury on the hidden gem of Oak Island. The reversed and open floorplan to maximize views coupled with massive decks will make this your own paradise. This home will feature high ceilings, wood flooring throughout the main areas with ceramic tile flooring in the bathrooms, granite for all countertops, wainscoting, exquisite lighting and upgraded fixtures, top of the line appliances, elevator, built-ins and so much more! Act fast and you may opt for a bigger floor plan and/or an elevated pool for an additional cost. The appointments in this home will leave nothing else to be desired! Turn your dreams into vision! Hurry!

Last Agent to Sell the Property

Kathy Ross

Palm Realty, Inc. License #234933 Listed on: 05/11/2018

Last Buyer's Agent

George Smith

Sunset Beach and Beyond Realty License #159998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 2019

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 50x235x50x240
  • Ocean Front
  • Property is zoned OK-R-7

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,551 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 235oe015

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,842

Year Built

Built in 2019

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: Elevator
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2019
  • Road Frontage Type: Ocean Front
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Smoke Detectors, Elevator
  • Laundry Location: Hall
  • List Price per Sq Ft: 391.61
  • Master Bedroom Level: N/A
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 6
  • Number Rooms: 9
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Bedroom 5 Level: Second
  • Bedroom 6 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Sq Ft Heated: 2551.00
  • Total Heated Primary Separate Sq Ft: 2551.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Windows, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Maintained, Paved
  • Roof: Composition, Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Ice Maker, Dryer, Disposal
  • 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: Basketball Court, Tennis Court(s), Picnic Area, Restaurant, Ramp, Playground, Fitness Center, Marina, Golf Course

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 341.00
  • Lot Acres: 0.27
  • Lot Dimensions: 50x235x50x240
  • Lot Sq Ft: 11761.00
  • Plat Book: 1
  • Plat Page: 96-99
  • Zoning: OK-R-7

Tax Info

  • Tax Identifier: 235oe015
  • Tax Year: 2017

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2019
Sold by
Kiser William Kenneth and Kiser Juanita
Bought by
Struble Michael L and Struble Doreen M
Current Estimated Value
$1,638,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,351
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 28, 2015
Closed on
Jan 27, 2016
Sold by
Wilbur T Lowe Revocable Trust
Bought by
Kiser William Kenneth and Kiser Juanita
Seller's Agent
David Berne
Atlantic Realty Professionals, Inc
Buyer's Agent
Michael Brown
Art Skipper Realty Inc.
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.30%

Purchase Details

Closed on
Mar 1, 1969
Bought by
Lowe Wilbur T
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Struble Michael L $390,000 None Available
Kiser William Kenneth $190,000 None Available
Lowe Wilbur T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Struble Michael L $609,300
Closed Struble Michael L $578,351
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $1,013,715 +1.5% $397 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
05/11/2018 05/11/18 For Sale $999,000 +425.8% $392 / Sq Ft
02/02/2016 02/02/16 Sold $190,000 -4.5% $76 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $199,000 -- $80 / 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 $4,842 $1,215,070 $575,000 $640,070
2024 $4,842 $1,215,070 $575,000 $640,070
2023 $3,658 $1,215,070 $575,000 $640,070
2022 $3,658 $662,560 $260,000 $402,560
2021 $3,628 $662,560 $260,000 $402,560
2020 $3,392 $622,360 $260,000 $362,360
2019 $1,378 $260,000 $260,000 $0
2018 $931 $175,000 $175,000 $0
2017 $931 $175,000 $175,000 $0
2016 $929 $175,000 $175,000 $0
2015 $929 $175,000 $175,000 $0
2014 $131 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100115631

Hive MLS

APN: 235OE015