NOT LISTED FOR SALE

2707 W Beach Dr Oak Island, NC 28465

Estimated Value: $1,229,000 - $1,445,000

5 Beds
3.5 Baths
2,012 Sq Ft
$676/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2021

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

Est. 45% increase in value since last sale

Current estimated payment $7,935 / mo

5 Days on Market

Highlights

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

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

Sally Seller

Non Member Office

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
  • Property fronts a state road
  • Open Lot

Home Design

  • Shingle Roof
  • Piling Construction

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Driveway Spaces
  • 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

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Oven, Electric Cooktop, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
  • Original List Price: 975000.00
  • Accessibility Features: None
  • Unit Levels: Two
  • Living Area: 2012.00
  • Is New Construction?: No
  • Other Structures: Shower, Storage
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 484.59
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Master Downstairs, Ceiling Fan(s), Furnished
  • Master Bedroom Level: Primary Living Area
  • Stories: 2
  • Laundry Features: Laundry Closet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 11
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 3.10
  • Attic Features: Access Only
  • Living Area Range: 2000 - 2199

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Oceanfront
  • Pool Features: None
  • Road Frontage Type: Maintained, City Street, State Road
  • Waterfront?: Yes
  • Foundation Details: Other, Pilings
  • Patio And Porch Features: Covered, Deck
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Open Parking Spaces: 3
  • Parking Features: Paved
  • Driveway Spaces: 3

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer, Brunswick County Public Utilities
  • Electric Provider: Brunswick Electric
  • Water Provider: Brunswick County Public Utilities

Condo/Co-op/Association

  • Association Amenities: See Remarks
  • Has H O A?: No

Lot Info

  • Deed Book: 02093
  • Deed Page: 228.00
  • Lot Number: 4
  • Zoning: Residential
  • Lot Features: Open Lot
  • Lot Size Acres: 0.17
  • Lot Size: 50X150X150X50
  • Lot Size Sq Ft: 7405.00
  • Purchase Contract Date: 2021-05-03
  • Parcel#: 234oe01201
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Year: 2020
  • Tax Book Number: 2-1/2
  • Tax Map Number: 260
  • Tax Other Assessment Amount Frequency: No
  • Tax Amount: 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
Sally Seller
Non Member Office
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,418,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,565
Avg. Annual Appreciation
7.12%
Original Mortgage
$548,250
Outstanding Balance
$497,452
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$862,405

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 $44 $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

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