NOT LISTED FOR SALE

301 NE 48th St Oak Island, NC 28465

Estimated Value: $670,176 - $709,000

3 Beds
2 Baths
1,407 Sq Ft
$492/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $499,000 $355 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,865/month

20 Days on Market

Highlights

  • Fitness Center
  • Deck
  • Bonus Room
  • Southport Elementary School Rated 9+
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of September 2021

Ready to own your own corner of Oak Island? This 3 bedroom / 2 Bath beach home is situated on a double corner lot in the heart of Oak Island. After parking in the circular driveway, enter the home under the retractable awning through the storm door and into the living room with LVT flooring, white washed fireplace and dramatic vaulted ceiling. The nearby eat in kitchen is the perfect place for meal preparation and family dining. The newly added sliding glass door gives you the perfect access to the newly built wrap around deck with cable railing system. Two Bedrooms and a full bathroom complete the downstairs. Ascend the living room stairs to the owners suite with ensuite full bath. A loft/play room and laundry room complete the upstairs. Take a trip outside to see the new cedar shower and massive 2 car detached garage with plenty of space for vehicles, golf carts, beach toys, workshop, etc. The driveway offers plenty of space for boat storage if you plan on using the nearby public boat launch. The extra lot offers shade from some oaks of Oak Island as well as plenty of elbowroom from neighbors or additional areas to play or hang out while listening to music on the outdoor bluetooth speakers. This home is close to most of the amenities on the island, especially by golf cart, including the beach, restaurants, shops, grocery stores, ABC store, splash pad, playground, amphitheater, Middleton Park, public boat launch and much, much more. Additional recent upgrades include new Trane HVAC, new gutters, reverse osmosis water system, PVC around windows and split rail fence. Make this corner home the cornerstone of your new life on the island before it gets away.

Last Agent to Sell the Property

The Dooley Group

Discover NC Homes Listed on: 07/23/2021

Last Buyer's Agent

Julie Vanderpool

A Non Member License #314841

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1988

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 110 x 120
  • Wood Fence
  • Corner Lot
  • Property is zoned OK-R-6A

Home Design

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

Interior Spaces

  • 1,407 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room
  • Bonus Room
  • Stove
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Open Patio
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Tax Lot L-1&2
  • Assessor Parcel Number 235li00101

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,611

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 355.29
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bonus Room Level: Second
  • Kitchen Level: First
  • Laundry Level: Second
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1407.00
  • Total Heated Primary Separate Sq Ft: 1407.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower, Workshop
  • Fencing: Partial, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Open, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Circular, Off Street, Unpaved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Fitness Center, Pickleball, Tennis Court(s), Restaurant, Playground, Picnic Area

Lot Info

  • Deed Page: 899.00
  • Lot Acres: 0.30
  • Lot Description: Corner Lot
  • Lot Dimensions: 110 x 120
  • Lot Number: L-1&2
  • Lot Sq Ft: 13068.00
  • Lot Water Features: None
  • Plat Book: 5
  • Plat Page: 62-62A
  • Zoning: OK-R-6A

Tax Info

  • Tax Identifier: 235li00101
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1611.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 3, 2021
Sold by
Poissant Veronica K and Poissant Nathan M
Bought by
Sanders Robert C and Pace Sanders Denise
Seller's Agent
The Dooley Group
Discover NC Homes
Buyer's Agent
Julie Vanderpool
A Non Member
List Price
$569,000
Sold Price
$499,000
Premium/Discount to List
-$70,000
-12.3%
Current Estimated Value
$691,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,794
Avg. Annual Appreciation
8.31%
Original Mortgage
$399,200
Outstanding Balance
$363,242
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$328,552

Purchase Details

Closed on
Jun 18, 2019
Sold by
Poissant Veronica and Poissant Nathan M
Bought by
Poissant Veronica K and Poissant Nathan M

Purchase Details

Closed on
Jul 25, 2006
Sold by
Dbbr Inc
Bought by
Gwin Richard H and Olsen Gwin Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 2003
Bought by
Gwin Richard H Et Barbara L Olsen-G
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
Sanders Robert C $499,000 None Available
Poissant Veronica K -- None Available
Gwin Richard H -- None Available
Gwin Richard H Et Barbara L Olsen-G $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Robert C $399,200
Previous Owner Gwin Richard H $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $499,000 -0.2% $355 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $499,900 -6.6% $355 / Sq Ft
08/02/2021 08/02/21 Price Changed $535,000 -6.0% $380 / Sq Ft
07/23/2021 07/23/21 For Sale $569,000 +105.4% $404 / Sq Ft
05/11/2018 05/11/18 Sold $277,000 -6.1% $170 / Sq Ft View Prior Sale
04/23/2018 04/23/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $295,000 -- $181 / 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 $2,494 $600,430 $330,000 $270,430
2024 $2,494 $600,430 $330,000 $270,430
2023 $1,666 $600,430 $330,000 $270,430
2022 $1,666 $283,140 $126,000 $157,140
2021 $0 $283,140 $126,000 $157,140
2020 $1,611 $283,140 $126,000 $157,140
2019 $1,611 $141,590 $126,000 $15,590
2018 $1,381 $96,850 $80,000 $16,850
2017 $1,381 $96,850 $80,000 $16,850
2016 $1,356 $96,850 $80,000 $16,850
2015 $1,356 $239,170 $80,000 $159,170
2014 $1,180 $223,766 $90,000 $133,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100282549

Hive MLS

APN: 235LI00101