NOT LISTED FOR SALE

2925 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,062,823 - $1,196,000

4 Beds
3 Baths
1,398 Sq Ft
$804/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $937,125 $670 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,190/month

23 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Southport Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2022

OCEANFRONT ONLY? Then you will want to SEE THIS HOME! Escape and embrace the comforts of this spacious oceanfront home with breathtaking views throughout! This is your chance for the perfect relaxing getaway to bring your family and friends while reaping the rewards of a top producing investment vacation rental property! This fully furnished 4 bedroom, 3 bathroom home has everything you need with a beachy, open concept that flows from the living room to the dining room and to the kitchen accented by one bedroom and bathroom all on the main level. While making your way upstairs, you will be overcome by the view from the oversized picturesque window leading to the additional 3 bedrooms and 2 full bathrooms. COME, sit back and relax on the deck with a cold refreshment while taking in the amazing sunrises and sunsets from the partially covered porch or soak in the sun rays from the open deck area. Another bonus for this property is the new roof that was just installed March 2022! Great location, top performing vacation rental with income, plenty of space and open decks to relax and enjoy. This oceanfront home could become your forever getaway that you can call your own paradise! Schedule your showing today!

Last Agent to Sell the Property

Amy Woodruff

Coastal Development & Realty Oak Island Listed on: 03/29/2022

Co-Listed By

Brendan Gordon

Coastal Development & Realty Oak Island License #264772

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Ocean Front
  • Property is zoned R7

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,398 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • East Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 249cb041

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 1167.00
  • Directions To Property: Turn right on SE 58th Street from E Oak Island Drive. Continue on SE 58th until you merge onto E Beach Drive and the house will be on the right
  • Document Count: 6
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • Handicap Accessible: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100319344
  • List Priceper Sq Ft: 714.59
  • Location Type: Island
  • Lot Acres: 0.17
  • Lot Dimensions: 50X150
  • Lot Sq Ft: 7405.00
  • Marketing City: Oak Island
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • School District: Brunswick County Schools
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: Beach Nouisment
  • Sq Ft Heated: 1398.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Subdivision: East Beach
  • Tax Identifier: 249cb041
  • Tax Year: 2022
  • Terms: Cash, USDA Loan, VA Loan, FHA, Conventional
  • Total Heated Primary Separate Sq Ft: 1398.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1983
  • Zoning: R7
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Flooring: Carpet, LVT/LVP
  • Interior Amenities: 1st Floor Master, Furnished, Smoke Detectors, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • On Site Pool Spa: None
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Community Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Robbins Matthew
Bought by
Blue Horizon Venture Llc
Current Estimated Value
$1,124,456

Purchase Details

Listed on
Jan 16, 2014
Closed on
Mar 30, 2015
Sold by
Harden Rody L and Harden Sally R
Bought by
Robbins Matthew Michael
Seller's Agent
Rosado Associates
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Elvira Ruebel-Gilbert
Prudential Laney Real Estate
List Price
$319,987
Sold Price
$270,000
Premium/Discount to List
-$49,987
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%
Original Mortgage
$202,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1996
Bought by
Harden Rody L Et and Harden Et Rody M
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
Blue Horizon Venture Llc -- None Available
Blue Horizon Venture Llc -- None Listed On Document
Robbins Matthew Michael $270,000 None Available
Harden Rody L Et -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robbins Matthew Michael $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2022 06/15/22 Sold $937,125 -6.2% $670 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $999,000 +270.0% $715 / Sq Ft
04/14/2015 04/14/15 Sold $270,000 -15.6% $208 / Sq Ft View Prior Sale
03/24/2015 03/24/15 Pending -- -- --
01/16/2014 01/16/14 For Sale $319,987 -- $246 / 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 $3,724 $922,490 $575,000 $347,490
2024 $37 $922,490 $575,000 $347,490
2023 $2,387 $922,490 $575,000 $347,490
2022 $2,387 $420,380 $260,000 $160,380
2021 $2,363 $420,380 $260,000 $160,380
2020 $2,338 $420,380 $260,000 $160,380
2019 $2,338 $260,000 $260,000 $0
2018 $1,749 $308,250 $175,000 $133,250
2017 $1,749 $175,000 $175,000 $0
2016 $1,724 $175,000 $175,000 $0
2015 $1,724 $308,250 $175,000 $133,250
2014 $1,770 $344,960 $250,000 $94,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100319344

Hive MLS

APN: 249CB041