NOT LISTED FOR SALE

2707 W Beach Dr Oak Island, NC 28465

Estimated Value: $1,284,368 - $1,347,000

5 Beds
3.5 Baths
2,012 Sq Ft
$654/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $975,000 $485 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,264/month

5 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Wood Flooring
  • Furnished

About This Home

As of July 2021

Introducing this stunning 5 bedroom, 3.5 bath oceanfront island residence on the desirable west end of Oak Island! Enjoy breathtaking views and sounds of the ocean while making unforgettable memories. The ground floor features a spacious storage room and outdoor shower plus parking for 6+ vehicles. The first floor boasts an expansive living area, master bedroom with ocean view and en-suite bath, fully equipped kitchen and dining, laundry and half bath. The huge outdoor deck and gazebo are perfect for grilling, relaxing and enjoying the ocean views. Four additional spacious bedrooms and two full baths are upstairs with two of those bedrooms offering amazing ocean views. With over $55,000 in rental income already booked as of 4-27-2021 for this year this home offers a strong, established rental income year after year. With a new fortified roof in 2019 and both A/C units replaced in 2017 ''Beach Baby'' is truly in turn-key condition! But don't delay! Make this dreamy oceanfront home yours today!

Last Agent to Sell the Property

Hank Troscianiec & Associates

Keller Williams Innovate-OKI Listed on: 04/28/2021

Keller Williams Innovate-OKI

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 2001

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150x150x50
  • Ocean Front
  • Open Lot

Home Design

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

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 234oe01201

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,997

Year Built

Built in 2001

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: 2001
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Furnished, Smoke Detectors, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 484.59
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Sq Ft Heated: 2012.00
  • Total Heated Primary Separate Sq Ft: 2012.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower, Storage
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Dishwasher
  • 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: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 228.00
  • Lot Acres: 0.17
  • Lot Description: Open
  • Lot Dimensions: 50X150X150X50
  • Lot Number: 4
  • Lot Sq Ft: 7405.00
  • Plat Book: 2-1/2
  • Plat Page: 260
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 234oe01201
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2997.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jul 1, 2021
Sold by
Pugh William Hamlet and Pugh William Hamlet
Bought by
Zargham Shiva and Motameni Amirreza
Seller's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
Buyer's Agent
A Non Member
A Non Member
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,315,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,842
Avg. Annual Appreciation
7.27%
Original Mortgage
$548,250
Outstanding Balance
$497,452
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$818,390

Purchase Details

Closed on
Feb 12, 2005
Sold by
Pugh William H and Pugh Jan P
Bought by
Pugh William Hamlet and William Hamlet Pugh Jr Revocable Trust
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
Zargham Shiva $975,000 None Available
Zargham Shiva $1,950 Hughes Wendy
Pugh William Hamlet -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zargham Shiva $548,250
Closed Zargham Shiva $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $975,000 0.0% $485 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $975,000 -- $485 / 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 $4,359 $1,083,180 $575,000 $508,180
2024 $4,359 $1,083,180 $575,000 $508,180
2023 $3,220 $1,083,180 $575,000 $508,180
2022 $2,997 $563,670 $275,000 $288,670
2021 $3,022 $543,600 $275,000 $268,600
2020 $2,997 $543,600 $275,000 $268,600
2019 $2,997 $282,620 $275,000 $7,620
2018 $2,682 $281,710 $275,000 $6,710
2017 $2,682 $281,710 $275,000 $6,710
2016 $2,657 $281,710 $275,000 $6,710
2015 $2,657 $483,600 $275,000 $208,600
2014 $2,816 $559,490 $400,000 $159,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100268544

Hive MLS

APN: 234OE01201