NOT LISTED FOR SALE

2505 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,485,496 - $1,855,000

6 Beds
4.5 Baths
2,551 Sq Ft
$652/Sq Ft Est. Value

Sale Details

Date Sold: April 20, 2020

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

Est. 64% increase in value since last sale

Current estimated payment $9,391 / mo

245 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Fitness Center
  • Southport Elementary School Rated 9+
  • Golf Course Community
  • Deck

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

Year Built

  • Built in 2019

Lot Details

  • 11,761 Sq Ft 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

Year Built

Built in 2019

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Ice Maker, Dryer, Disposal
  • Handicap Accessible: Elevator
  • List Priceper Sq Ft: 391.61
  • New Construction: Yes
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Interior Amenities: Blinds/Shades, Reverse Floor Plan, Smoke Detectors, Elevator
  • Laundry Location: Hall
  • Master Bedroom Level: N/A
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 6
  • Bedroom1 Level: First
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Bedroom4 Level: First
  • Bedroom5 Level: Second
  • Bedroom6 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Sq Ft Heated: 2551.00
  • Stories: 2.0
  • Stories Levels: Two
  • 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
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 2400 - 2599
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Tennis Court(s), Picnic Area, Restaurant, Ramp, Playground, Fitness Center, Marina, Golf Course

Schools

  • School District: Brunswick

Lot Info

  • Cobra Zone: No
  • Deed Page: 341.00
  • Lot Acres: 0.27
  • Lot Dimensions: 50x235x50x240
  • Lot Sq Ft: 11761.00
  • Zoning: OK-R-7

Tax Info

  • Tax Identifier: 235oe015
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2019
Sold by
Bought by
Current Estimated Value
$1,662,124

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
Outstanding Balance
$517,508
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,144,617

Purchase Details

Listed on
Oct 31, 2015
Closed on
Jan 27, 2016
Sold by
Bought by
Seller's Agent
David Berne
Atlantic Realty Professionals, Inc
Buyer's Agent
Michael Brown
Wilkinson ERA Real Estate
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
23.24%

Purchase Details

Closed on
Mar 1, 1969
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$390,000 None Available
$190,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $578,351
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,642 $1,215,070 $575,000 $640,070
2024 $48 $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

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Map

Source: Hive MLS

MLS Number: 100115631

Hive MLS

APN: 235OE015

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