NOT LISTED FOR SALE

302 NE 42nd St Oak Island, NC 28465

Estimated Value: $704,088 - $801,000

0.29 Acre
$2,570,766 Price per Acre
12,632 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $165,000

Est. 352% increase in value since last sale

Current estimated payment $4,157/month

308 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • No HOA
  • Southport Elementary School Rated 9+

About This Lot

As of August 2020

Check out this prime location, DOUBLE LOTS on NE 42nd Street & close to all of the town's amenities. This includes a corner lot and interior lot. Close by is your shopping, access to the beach, the boat ramp at NE 55th & the list goes on. These lots are not located in a FEMA flood zone that requires flood insurance by your lender. The coastal life is calling. Come and build your dream home.

Last Agent to Sell the Property

Lynn Gulledge

Keller Williams Innovate-OKI Listed on: 08/15/2019

Keller Williams Innovate-OKI

Last Buyer's Agent

Hank Troscianiec & Associates

Keller Williams Innovate-OKI

Keller Williams Innovate-OKI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,588

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 110' x 120'
  • Corner Lot
  • Wooded Lot

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 235le001

Property Details

Property Type

Land

Est. Annual Taxes

$2,588

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 110

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 648.00
  • Lot Description: Corner Lot
  • Lot Dimensions: 110' x 120'
  • Lot Sq Ft: 12632.00
  • Plat Book: 5
  • Plat Page: 70
  • Zoning: X
  • Acres: 0.29
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 568965.52
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 235le001
  • Tax Year: 2019

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Oct 8, 2020
Sold by
Seacoast Homes Llc
Bought by
Lather Thomas Robert and Lather Rose Marie
Seller's Agent
Lynn Gulledge
Keller Williams Innovate-OKI
Buyer's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$745,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,522
Avg. Annual Appreciation
34.33%
Original Mortgage
$326,400
Outstanding Balance
$292,054
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$453,468

Purchase Details

Listed on
Aug 15, 2019
Closed on
Aug 26, 2020
Sold by
Wortman William Dennis and Wortman Rita Mcmurry
Bought by
Wortman Judson Bryan and Wortman Amanda
Seller's Agent
Lynn Gulledge
Keller Williams Innovate-OKI
Buyer's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Outstanding Balance
$292,054
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$453,468
Source: Public Records

Range of Values:

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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
Lather Thomas Robert $92,000 None Available
Wortman Judson Bryan $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lather Thomas Robert $326,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $165,000 0.0% --
06/18/2020 06/18/20 Pending -- -- --
08/15/2019 08/15/19 For Sale $165,000 -- --
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 $2,588 $625,000 $165,000 $460,000
2024 $2,588 $625,000 $165,000 $460,000
2023 $1,870 $625,000 $165,000 $460,000
2022 $1,870 $321,950 $63,000 $258,950
2021 $0 $63,000 $63,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100180444

Hive MLS

APN: 235LE00101