NOT LISTED FOR SALE

2615 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,330,763 - $1,599,000

0.2 Acre
$7,407,940 Price per Acre
8,712 Sq Ft Lot

Last Sold November 13, 2019

Last sale price $325,000

Est. 356% increase in value since last sale

Current estimated payment $8,118/month

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • Dunes
  • Southport Elementary School Rated 9+

About This Lot

As of November 2019

Wonderful Buildable Footprint with dune and seagrass. Come build your dream home!

Last Agent to Sell the Property

A Non Member

A Non Member Listed on: 11/14/2019

Last Buyer's Agent

John Hamilton

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 8,712 Sq Ft Lot
  • 50 Feet of Waterfront
  • Ocean Front
  • Dunes
  • Property is zoned R-7

Property Views

  • Water Views

Schools

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

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 235oe006

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 975.00
  • Directions To Property: Swains Cut Bridge onto Island. Take a left on East Beach. Lot is on Right.
  • Elementary School: Southport
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • High School: South Brunswick
  • High School2: Early College
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100193086
  • Location Type: Island
  • Lot Description: Dunes
  • Lot Number: 8
  • Lot Sq Ft: 8712.00
  • Marketing City: Oak Island Beach
  • Middle School: South Brunswick
  • M L S Approved: Y
  • Pre Direction: E
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: No
  • State Province: NC
  • Stipulation Of Sale: Entered as Sale Only
  • Subdivision: Long Beach
  • Tax Identifier: 235oe006
  • Tax Year: 2018
  • Waterview: Yes
  • Zoning: R-7
  • Acres: 0.20
  • Buildigson Property: None
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Priceper Acre: 1625000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Undeveloped
  • Water Frontage: 50.00
  • Lot Number2: 8
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Iannucci David Edward and Iannucci Lynn Ann
Bought by
2615 E Beach Llc
Current Estimated Value
$1,481,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,000
Outstanding Balance
$673,311
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$808,277

Purchase Details

Listed on
Nov 14, 2019
Closed on
Nov 8, 2019
Sold by
Pacula Stanislaus R and Pacula Richard S
Bought by
Iannucci David Edward and Iannucci Lynn Ann
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
John Hamilton
Intracoastal Realty Corp
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.92%
Original Mortgage
$243,750
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 25, 2012
Sold by
Pacula Richard S and Pacula Joan M
Bought by
Pacland Revocable Living Trust
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
2615 E Beach Llc -- None Available
Iannucci David Edward -- None Available
Pacland Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2615 E Beach Llc $757,000
Previous Owner Iannucci David Edward $243,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $325,000 0.0% --
09/13/2019 09/13/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $325,000 -- --
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 $4,444 $1,020,260 $225,000 $795,260
2024 $44 $1,020,260 $225,000 $795,260
2023 $4,556 $1,020,260 $225,000 $795,260
2022 $4,556 $799,310 $260,000 $539,310
2021 $1,380 $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

  • A

    Seller's Agent in 2019

    A Non Member

    A Non Member

  • J

    Buyer's Agent in 2019

    John Hamilton

    Intracoastal Realty Corp

See All Agents

Map

Source: Hive MLS

MLS Number: 100193086

Hive MLS

APN: 235OE006

North Carolina Brunswick County Oak Island 28465

2615 E Beach Dr, Oak Island, NC

Not Listed for Sale

Lots

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