NOT LISTED FOR SALE

Estimated Value: $447,000 - $469,000

4 Beds
2.5 Baths
2,082 Sq Ft
$219/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $260,000 $125 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,735/month

63 Days on Market

Highlights

  • Screened Pool
  • Attic
  • Porch
  • Deck
  • Furnished
  • 2 Car Attached Garage

About This Home

As of April 2018

With an over sized pool deck backing onto water view, this 4 bed/2.5 bath home in the Oak Island Harbor community is a prime destination for vacation makers and second homeowners alike. A large living room and secluded master suite make the downstairs area a hub for relaxation and family get-together; laundry facilities and the remaining bedrooms are tucked away nicely near the garage and upstairs respectively. Dining space is located at the front of the home near the foyer. This home/area is very close to major attractions and highways meaning you are never too far away from where you need to be despite the peaceful ambiance this home brings. Home warranty with pool coverage offered. Home comes fully FURNISHED. Do not hesitate to contact us for a viewing!

Last Agent to Sell the Property

Andrey Bustamante

BUSTAMANTE REAL ESTATE INC License #3136794 Listed on: 12/11/2017

Last Buyer's Agent

Joni Reiter

COLDWELL BANKER REALTY License #3340546

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,299

Year Built

  • Built in 1992

Lot Details

  • 6,665 Sq Ft Lot
  • Irrigation
  • Property is zoned OPUD

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,082 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include ground maintenance
  • Oak Island Harbor Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,299

Year Built

Built in 1992

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2082
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2546
  • Lot Size Sq Ft: 6665
  • Directions to Property: Take U.S Highway 192, turn onto Formosa Gardens Blvd, then turn onto Formosa Blvd and home will be on your right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4854292&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4854292&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94545
  • Price per Sq Ft: 124.88
  • Close to Original List Price Ratio: 0.94545
  • Ratio: Current Price\Building Area Total: 102.12
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Central Vaccum, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Window Features: Blinds
  • Street Number Modifier: 2807
  • Room Count: 9
  • Additional Rooms: Attic, Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12097C0030G

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Gas
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 550
  • Monthly HOA Fee: 45.83
  • Total Monthly Fees: 45.83

Lot Info

  • Zoning: OPUD
  • Parcel Number: 09-25-27-4457-0001-0570
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Millage Rate: 15.33
  • Flood Zone Code: AE
  • Flood Zone Date: 2013-06-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3299
  • Tax Block: 1
  • Tax Book Number: 7-72-75
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2019
Sold by
Guerra Roberto
Bought by
Guerra Roberto and Ducasse Beatriz E
Current Estimated Value
$456,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Outstanding Balance
$180,474
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$275,867

Purchase Details

Listed on
Dec 11, 2017
Closed on
Apr 2, 2018
Sold by
Martin Carol Dorothy
Bought by
Guerra Roberto
Seller's Agent
Andrey Bustamante
BUSTAMANTE REAL ESTATE INC
Buyer's Agent
Joni Reiter
COLDWELL BANKER REALTY
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$208,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Somekh Catherine
Bought by
Martin Carol Dorothy

Purchase Details

Closed on
Feb 20, 2009
Sold by
Somekh Matthew David Frederick
Bought by
Martin Carol Dorothy

Purchase Details

Closed on
Feb 14, 2009
Sold by
Martin Michael
Bought by
Martin Carol Dorothy

Purchase Details

Closed on
May 15, 2007
Sold by
Brierley Jack and Brierley Lynne
Bought by
Martin Michael and Martin Carol Dorothy

Purchase Details

Closed on
Aug 29, 1997
Sold by
Hsu Pei Wei
Bought by
Brierley Jack and Brierley Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
7.39%
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
Guerra Roberto $101,800 Total Title Solutions
Guerra Roberto $260,000 Title Team Co Jennifer Petro
Martin Carol Dorothy -- None Available
Martin Carol Dorothy -- None Available
Martin Carol Dorothy -- None Available
Martin Michael $300,000 First American Title Ins Co
Brierley Jack $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Roberto $206,000
Previous Owner Guerra Roberto $208,000
Previous Owner Brierley Jack $144,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2018 04/02/18 Sold $260,000 -5.5% $125 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
12/11/2017 12/11/17 For Sale $275,000 -- $132 / Sq Ft
Source: Stellar 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
2024 $3,308 $233,501 -- --
2023 $3,308 $226,700 $0 $0
2022 $3,144 $220,098 $0 $0
2021 $3,109 $213,688 $0 $0
2020 $3,058 $210,738 $0 $0
2019 $3,040 $206,000 $35,200 $170,800
2018 $3,464 $198,600 $33,000 $165,600
2017 $3,299 $183,200 $28,600 $154,600
2016 $3,165 $179,100 $26,400 $152,700
2015 $3,019 $169,300 $26,400 $142,900
2014 $2,629 $140,100 $26,400 $113,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S4854292

Stellar MLS

APN: 09-25-27-4457-0001-0570