NOT LISTED FOR SALE

2605 E Beach Dr Oak Island, NC 28465

Estimated Value: $2,195,000 - $2,642,000

0.22 Acre
$11,161,536 Price per Acre
9,731 Sq Ft Lot

Last Sold March 11, 2021

Last sale price $618,000

Est. 297% increase in value since last sale

Current estimated payment $13,465/month

1 Day on Market

Highlights

  • 50 Feet of Waterfront
  • Marina
  • Ocean Side of Freeway
  • Southport Elementary School Rated 9+
  • Golf Course Community
  • Wooded Lot

About This Lot

As of March 2021

Look at that beautiful vegetation & dune! Imagine building your dream home on this oceanfront home site. Located in the V zone which provides for maximum house height. Isn't it time to turn your dreams into reality?

Last Agent to Sell the Property

A Non Member

A Non Member Listed on: 02/15/2021

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880

Property Details

Property Type

  • Land

Lot Details

  • 9,731 Sq Ft Lot
  • 50 Feet of Waterfront
  • Wooded Lot
  • Property is zoned R7

Property Views

  • Water Views

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Listing and Financial Details

  • Assessor Parcel Number 235oe010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina
  • Golf Course Community
  • Community Basketball Court
  • Ocean Side of Freeway

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Type: Exclusive Right to Sell
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 1841
  • Deed Page: 305.00
  • Directions To Property: SE 58th to E Beach Drive
  • Elementary School: Southport
  • Fuel Tank: None
  • High School: South Brunswick
  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball, Golf Course, Marina
  • Listing I D: 100261106
  • Location Type: Island
  • Lot Sq Ft: 9730.50
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island Beach
  • Middle School: South Brunswick
  • M L S Approved: Y
  • Office Exclusive: No
  • Post Closing Seller Concessions: No
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: Entered as Sale Only
  • Subdivision: Not In Subdivision
  • Tax Identifier: 235oe010
  • Tax Year: 2020
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: R7
  • Acres: 0.22
  • Buildigson Property: None
  • Deed Restriction: No
  • Deferred Taxes: No
  • Environmental Hazard: Unknown
  • List Priceper Acre: 2809090.91
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Water Frontage: 50.00
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 9, 2021
Sold by
Ellington Carl M and Ellington Mary Sue
Bought by
Pookie Property Holdings Llc
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$618,000
Sold Price
$618,000
Current Estimated Value
$2,455,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,837,538
Avg. Annual Appreciation
32.90%

Purchase Details

Closed on
Oct 1, 2003
Bought by
Ellington Carl M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Pookie Property Holdings Llc $618,000 None Available
Ellington Carl M $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/11/2021 03/11/21 Sold $618,000 0.0% --
03/10/2021 03/10/21 For Sale $618,000 -- --
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 $7,502 $1,695,120 $575,000 $1,120,120
2024 $73 $1,695,120 $575,000 $1,120,120
2023 $1,383 $1,695,120 $575,000 $1,120,120
2022 $1,383 $260,000 $260,000 $0
2021 $0 $260,000 $260,000 $0
2020 $1,378 $260,000 $260,000 $0
2019 $1,378 $260,000 $260,000 $0
2018 $118 $20,000 $20,000 $0
2017 $118 $20,000 $20,000 $0
2016 $115 $20,000 $20,000 $0
2015 $115 $20,000 $20,000 $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: 100261106

Hive MLS

APN: 235OE010