NOT LISTED FOR SALE

2919 E Beach Dr Oak Island, NC 28465

Estimated Value: $862,000 - $977,000

3 Beds
2 Baths
832 Sq Ft
$1,094/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $640,000 $769 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,995/month

154 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • Balcony

About This Home

As of November 2021

Reduced! Oceanfront 3 bedroom 2 bath cozy cottage with strong rental history. Ocean views to die for! Rental Income is $70,000+

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 04/24/2021

Last Buyer's Agent

Edwin Burnett

Coldwell Banker Sea Coast Advantage-Leland License #300265

Coldwell Banker Sea Coast Advantage-Leland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,350 Sq Ft Lot
  • Lot Dimensions are 51x150x49x150
  • Ocean Front

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Ocean Views
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 249cb043

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 1275.00
  • Directions To Property: East Beach Dr to 2900 block, house on the ocean.
  • Document Count: 3
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100268055
  • List Priceper Sq Ft: 786.66
  • Location Type: Island
  • Lot Acres: 0.17
  • Lot Dimensions: 51x150x49x150
  • Lot Number: 10
  • Lot Sq Ft: 7350.00
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Open, Porch, Deck
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: No
  • Sq Ft Heated: 832.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Tax Identifier: 249cb043
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 832.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1955
  • Zoning: Residential
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, Tile
  • Interior Amenities: Furnished
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 800 - 999
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Dec 16, 2021
Sold by
Singh and Prabhleen
Bought by
Khalsa Llc
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Edwin Burnett
Coldwell Banker Sea Coast Advantage-Leland
List Price
$665,500
Sold Price
$640,000
Premium/Discount to List
-$25,500
-3.83%
Current Estimated Value
$910,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,465
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
May 9, 2021
Sold by
Po Buoy Llc
Bought by
Singh Gurdeep and Singh Prabhleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2020
Sold by
Homan Darrell A and Homan Tracy A
Bought by
Po Buoy Llc

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 20, 2016
Sold by
Long Beach Enterprises Llc
Bought by
Homan Darrell Allen and Homan Tracy A
Seller's Agent
Liz Baucom
Margaret Rudd Assoc/O.I.
Buyer's Agent
Dale McPherson
Coastal ERA
List Price
$295,000
Sold Price
$255,000
Premium/Discount to List
-$40,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
May 15, 2007
Sold by
Oliver William G
Bought by
Long Beach Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2007
Sold by
Rjd Properties Llc
Bought by
Oliver William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Davis Eugene B
Bought by
Rjd Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Khalsa Llc -- Bachara Mark
Khalsa Llc -- Bachara Mark
Singh Gurdeep $640,000 None Available
Po Buoy Llc -- None Available
Homan Darrell Allen $255,000 None Available
Long Beach Enterprises Llc -- None Available
Oliver William G -- None Available
Rjd Properties Llc $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Gurdeep $512,000
Previous Owner Long Beach Enterprises Llc $400,000
Previous Owner Rjd Properties Llc $436,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2021 11/17/21 Sold $640,000 -2.2% $769 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/01/2021 09/01/21 Price Changed $654,500 -0.5% $787 / Sq Ft
07/25/2021 07/25/21 Price Changed $657,900 -1.1% $791 / Sq Ft
04/30/2021 04/30/21 For Sale $665,500 +161.0% $800 / Sq Ft
04/22/2016 04/22/16 Sold $255,000 -13.6% $303 / Sq Ft View Prior Sale
04/18/2016 04/18/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $295,000 -- $350 / 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 $2,808 $708,830 $575,000 $133,830
2024 $28 $708,830 $575,000 $133,830
2023 $1,851 $708,830 $575,000 $133,830
2022 $1,851 $335,420 $260,000 $75,420
2021 $0 $325,530 $260,000 $65,530
2020 $0 $325,530 $260,000 $65,530
2019 $1,778 $260,000 $260,000 $0
2018 $1,284 $231,420 $175,000 $56,420
2017 $1,284 $175,000 $175,000 $0
2016 $1,271 $175,000 $175,000 $0
2015 $1,271 $231,420 $175,000 $56,420
2014 $1,512 $303,060 $250,000 $53,060
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100268055

Hive MLS

APN: 249CB043