NOT LISTED FOR SALE

2519 W Beach Dr Oak Island, NC 28465

Estimated Value: $938,000 - $1,031,000

5 Beds
2 Baths
1,570 Sq Ft
$628/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $750,000 $478 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,474/month

93 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Vaulted Ceiling
  • Furnished

About This Home

As of January 2022

Have you been looking for a 5 bedroom 2 bath oceanfront home? Well Looney Dunes is now available with $60,000 a year in rental income. This home is being sold fully furnished and is ready for your family to start making memories here or keep earning the rental income. You or your guests will love the beautiful sunsets that Oak Island has or just sitting on the huge porch and watching the pelicans and dolphins play. Whatever you chose, you won't have to worry because the roof is a 2016 and the HVAC is 2014. Come on down and relax!

Last Agent to Sell the Property

Christine Cronick

Coldwell Banker Sea Coast Advantage Listed on: 08/19/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1979

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50x150x50x150
  • Ocean Front
  • Property is zoned R7

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,570 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Laundry in Basement
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • 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 10
  • Assessor Parcel Number 234oe005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,615

Year Built

Built in 1979

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: 2.0
  • Stories Levels: Two
  • Year Built: 1979
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Basement
  • List Price per Sq Ft: 503.18
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Sq Ft Heated: 1570.00
  • Total Heated Primary Separate Sq Ft: 1570.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Association/Amenities

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

Lot Info

  • Deed Page: 124.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50x150x50x150
  • Lot Number: 10
  • Lot Sq Ft: 7492.00
  • Plat Book: 2.5
  • Plat Page: 182-189
  • Special Assessments: Possible sand assessment
  • Zoning: R7

Tax Info

  • Tax Identifier: 234oe005
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Jan 14, 2022
Sold by
Robert Wilson Michael and We Melissa
Bought by
West Beach Properties Llc
Seller's Agent
Christine Cronick
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$790,000
Sold Price
$750,000
Premium/Discount to List
-$40,000
-5.06%
Current Estimated Value
$986,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,301
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Dec 22, 2020
Sold by
Rj Lutz Properties Llc
Bought by
Wilson Michael Robert and Wilson Melissa Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2011
Sold by
Lutz Robert J and Lutz Heather
Bought by
Rj Lutz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Silverman Nat and Silverman Sandy
Bought by
Lutz Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
West Beach Properties Llc -- None Listed On Document
Wilson Michael Robert $750,000 Ste4rling Law
Rj Lutz Properties Llc -- None Available
Lutz Robert $590,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Michael Robert $600,000
Previous Owner Rj Lutz Properties Llc $1,900,000
Previous Owner Lutz Robert $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $750,000 -5.1% $478 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $790,000 0.0% $503 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $790,000 -- $503 / 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 $3,615 $877,630 $575,000 $302,630
2024 $3,615 $877,630 $575,000 $302,630
2023 $2,538 $877,630 $575,000 $302,630
2022 $2,538 $449,060 $275,000 $174,060
2021 $0 $449,060 $275,000 $174,060
2020 $0 $449,060 $275,000 $174,060
2019 $2,532 $278,360 $275,000 $3,360
2018 $2,273 $276,930 $275,000 $1,930
2017 $2,273 $276,930 $275,000 $1,930
2016 $2,243 $276,930 $275,000 $1,930
2015 $2,243 $401,950 $275,000 $126,950
2014 $2,541 $501,013 $400,000 $101,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100286825

Hive MLS

APN: 234OE005