NOT LISTED FOR SALE

301 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,200,675 - $1,438,000

6 Beds
4 Baths
2,401 Sq Ft
$537/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $611,500 $255 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $7,075/month

50 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Deck
  • 1 Fireplace

About This Home

As of October 2019

Take in a magnificent Atlantic Ocean view every day from this 6 bedroom, 4 bath beach house just down the street from Ocean Crest Pier and Island Way restaurant. Over 2400 square feet including a large open living and dining area with fireplace, raised sunroom, spacious kitchen and wet bar plus two bedrooms on the first floor and 4 more bedrooms on the second floor. Large deck with hot tub for sunset soaks, private stairs leading to the beach, new roof and fully furnished! Impressive vacation rental history for possible yearly income. Located just off Middleton for easy access to shopping, restaurants and the new bridge for day trips to Southport, Wilmington and Myrtle Beach!

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 07/19/2019

Last Buyer's Agent

Sherry Lauch

Carolina Exclusives License #292602

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 52x152
  • Ocean Front
  • Dunes

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Carpet
  • Ocean Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

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

Accessible Home Design

  • Exterior Wheelchair Lift
  • Accessible Entrance

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 234me011

Home Details

Home Type

Single Family

Year Built

Built in 1967

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: 516.00
  • Directions To Property: Middleton Drive to East Beach Drive, the first block on the oceanside
  • Document Count: 1
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: 1
  • Foundation: Pilings
  • Fuel Tank: None
  • Handicap Accessible: Accessible Entrance, Exterior Wheelchair Lift
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100176372
  • List Priceper Sq Ft: 261.97
  • Location Type: Island
  • Lot Acres: 0.18
  • Lot Description: Dunes
  • Lot Dimensions: 52x152
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Open, Porch
  • Pre Direction: E
  • Prospect Exempt: Yes
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • School District: Brunswick
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 2401.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: E. Long Beach
  • Tax Identifier: 234me011
  • Tax Year: 2018
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 2401.00
  • Un Branded Virtual Tour: https://my.matterport.com/show/?m=H8sBykVXJjR&mls=1
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1967
  • 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
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 6
  • Bedroom1 Level: First
  • Bedroom2 Level: First
  • Bedroom3 Level: Second
  • Bedroom4 Level: Second
  • Bedroom5 Level: Second
  • Bedroom6 Level: Second
  • Kitchen Level: First
  • Living Room 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: 2400 - 2599
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Sep 25, 2019
Sold by
Wishon Steven Wayne and Wishon Julie M
Bought by
Sutherland Grant D and Sutherland Christin R
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Sherry Lauch
Carolina Exclusives
List Price
$629,000
Sold Price
$611,500
Premium/Discount to List
-$17,500
-2.78%
Current Estimated Value
$1,289,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,169
Avg. Annual Appreciation
12.62%
Original Mortgage
$230,000
Outstanding Balance
$201,492
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,088,177

Purchase Details

Closed on
Mar 14, 2017
Sold by
Rogers Julian R and Rogers Elizabeth C
Bought by
Wishon Steven Wayne and Wishon Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.17%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 1995
Bought by
Rogers Julian R Sr Et Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sutherland Grant D $611,500 None Available
Wishon Steven Wayne $400,000 None Available
Rogers Julian R Sr Et Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutherland Grant D $230,000
Previous Owner Wishon Steven Wayne $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $611,500 -2.8% $255 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $629,000 -- $262 / 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 $3,989 $939,510 $575,000 $364,510
2024 $40 $939,510 $575,000 $364,510
2023 $2,998 $939,510 $575,000 $364,510
2022 $2,998 $502,520 $260,000 $242,520
2021 $2,938 $502,520 $260,000 $242,520
2020 $2,888 $502,520 $260,000 $242,520
2019 $2,952 $260,000 $260,000 $0
2018 $2,073 $347,250 $175,000 $172,250
2017 $2,092 $175,000 $175,000 $0
2016 $2,042 $175,000 $175,000 $0
2015 $2,042 $347,250 $175,000 $172,250
2014 $2,034 $376,630 $250,000 $126,630
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christopher Kuhn

    RE/MAX

  • S

    Buyer's Agent in 2019

    Sherry Lauch

    Carolina Exclusives

    (425) 773-6449

    9 in this area

    22 Total Sales

    Sherry Lauch
    Section Image
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Map

Source: Hive MLS

MLS Number: 100176372

Hive MLS

APN: 234ME011

North Carolina Brunswick County Oak Island 28465

301 E Beach Dr, Oak Island, NC

Not Listed for Sale

Detached

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