NOT LISTED FOR SALE

2602 E Dolphin Dr Oak Island, NC 28465

Estimated Value: $546,000 - $774,000

3 Beds
1 Bath
1,076 Sq Ft
$636/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $325,000 $302 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,806/month

6 Days on Market

Highlights

  • Ocean View
  • Deck
  • No HOA
  • Southport Elementary School Rated 9+
  • Corner Lot
  • Porch

About This Home

As of October 2020

Come home to coastal tranquility in this stunning ocean view home nestled on the 2nd row in the private town of Oak Island! Take advantage of the convenient location of this property and enjoy a short walk home after a day on the water. Relax and enjoy serene ocean views from the comfort of your screened in porch. This wheelchair friendly home also offers an accessible elevator lift outdoors. This home offers an updated storm door and low maintenance LVP flooring. If you've been searching for the coastal lifestyle in a private setting, you owe it to yourself to see this home!

Last Agent to Sell the Property

Hamilton Realty Group

eXp Realty Listed on: 09/04/2020

eXp Realty

Co-Listed By

Karen Robey

Last Buyer's Agent

Connie Kisling

Margaret Rudd Assoc/O.I. License #310978

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,516

Year Built

  • Built in 1982

Lot Details

  • 10,008 Sq Ft Lot
  • Lot Dimensions are 51x196x51x197
  • Corner Lot
  • Property is zoned OK-R-7

Parking

  • 2 Attached Carport Spaces

Home Design

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

Interior Spaces

  • 1,076 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Hallway
  • Exterior Wheelchair Lift
  • Accessible Entrance

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

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 235ob01901

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,516

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 366.00
  • Directions To Property: Turn left onto NC-133 S(3.2 mi), Turn right onto E Oak Island Dr (2.8 mi), Turn left onto SE 40th St(0.2 mi), Turn right onto E Dolphin Dr
  • Document Count: 2
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • Green Bldg Certify: None
  • Green Bldg Features: None
  • Handicap Accessible: Accessible Entrance, Hallways, Exterior Wheelchair Lift
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100235122
  • List Priceper Sq Ft: 269.52
  • Location Type: Island
  • Lot Acres: 0.23
  • Lot Description: Corner Lot
  • Lot Dimensions: 51x196x51x197
  • Lot Number: 1
  • Lot Sq Ft: 10008.00
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Screened, Porch
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • School District: Brunswick
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 1076.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: E. Long Beach
  • Tax Identifier: 235ob01901
  • Tax Year: 2019
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 1516.00
  • Total Heated Primary Separate Sq Ft: 1076.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1982
  • Zoning: OK-R-7
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Dining Room Type: Kitchen
  • Flooring: LVT/LVP
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding
  • On Site Pool Spa: None
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 1000 - 1199
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 12, 2020
Sold by
Lockamy Tammy Sue
Bought by
The Russo Family Trust
Seller's Agent
Hamilton Realty Group
eXp Realty
Buyer's Agent
Connie Kisling
Margaret Rudd Assoc/O.I.
List Price
$290,000
Sold Price
$325,000
Premium/Discount to List
$35,000
12.07%
Current Estimated Value
$692,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,168
Avg. Annual Appreciation
15.23%
Original Mortgage
$292,500
Outstanding Balance
$260,163
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$424,055

Purchase Details

Closed on
Oct 1, 1994
Bought by
Lockamy Tammy Sue
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Russo Family Trust $325,000 None Available
Lockamy Tammy Sue $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Russo Family Trust $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $325,000 +12.1% $302 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $290,000 -- $270 / 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 $2,248 $562,300 $350,000 $212,300
2024 $22 $562,300 $350,000 $212,300
2023 $1,543 $562,300 $350,000 $212,300
2022 $1,543 $276,770 $160,000 $116,770
2021 $1,528 $276,770 $160,000 $116,770
2020 $1,516 $276,770 $160,000 $116,770
2019 $1,516 $166,880 $160,000 $6,880
2018 $1,116 $107,520 $100,000 $7,520
2017 $1,116 $107,520 $100,000 $7,520
2016 $1,103 $107,520 $100,000 $7,520
2015 $1,103 $200,580 $100,000 $100,580
2014 $1,230 $244,580 $170,000 $74,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100235122

Hive MLS

APN: 235OB01901