NOT LISTED FOR SALE

302 W Oak Island Dr Unit 304 Oak Island, NC 28465

Estimated Value: $394,000 - $524,000

0.22 Acre
$2,122,586 Price per Acre
9,420 Sq Ft Lot

Last Sold April 20, 2015

Last sale price $44,000

Est. 961% increase in value since last sale

Current estimated payment $2,591/month

134 Days on Market

Highlights

  • Wooded Lot
  • Southport Elementary School Rated 9+
  • Level Lot

About This Lot

As of April 2015

For comp purposes: buyer paying $10,000 sewer tap assessment. Seller concession: $1000 towards closing cost..Surveyed CORNER OVERSIZED wooded lot in the exclusive West End section of Oak Island! 60' front/rear by 157'left, 150' right..This wooded lot is located JUST TWO STREETS over from Middleton Street direct beach access and minutes away from fun beach days, fishing, boating, canoeing and kayaking! Enjoy beautiful sunsets, ocean sounds and sandy toes when you build your new spacious home on this great lot.. Offering up space enough for a home, with side garages, workshop AND boat storage..Easy, quick access on and off island by way of new bridge for future dinning and shopping enjoyment.Adjacent lot also for sale...both lots are currently under 1 PID I.D., but can subdivide, per Town

Last Agent to Sell the Property

Bobbi Diaz-Welch

Coldwell Banker Sea Coast Advantage Listed on: 12/02/2014

Last Buyer's Agent

Barbara Diaz-Welch

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $468

Lot Details

  • 9,420 Sq Ft Lot
  • Lot Dimensions are 60x150x60x157
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Community Details

  • Property has a Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 4

Property Details

Property Type

Land

Est. Annual Taxes

$468

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 3025
  • Deed Page: 1221.00
  • Lot Dimensions: 60X150X60X157
  • Lot Number: 4
  • Lot Sq Ft: 9420.00
  • Zoning: R
  • Acres: 0.22
  • List Price per Acre: 204545.45
  • Topography: Cleared, Level, Wooded
  • Lot Number2: 4

Tax Info

  • Tax Year: 2014
  • Total City Real Estate Property Tax: 468.00
  • Total Real Estate Property Taxes: 468.00

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
Jun 15, 2015
Sold by
Bryan Michael O and Nanney Jill
Bought by
Whitt Hobert E
Seller's Agent
Bobbi Diaz-Welch
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Bobbi Diaz-Welch
Coldwell Banker Sea Coast Advantage
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%
Current Estimated Value
$466,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,969
Avg. Annual Appreciation
25.17%
Original Mortgage
$152,780
Outstanding Balance
$118,879
Interest Rate
3.88%
Mortgage Type
Construction
Estimated Equity
$348,090

Purchase Details

Listed on
Dec 2, 2014
Closed on
Apr 20, 2015
Sold by
Nanney Michael O Bryan and Nanney Jill
Bought by
Wallace Marvin W and Wallace Linda F
Seller's Agent
Bobbi Diaz-Welch
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Bobbi Diaz-Welch
Coldwell Banker Sea Coast Advantage
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,780
Outstanding Balance
$118,879
Interest Rate
3.88%
Mortgage Type
Construction
Estimated Equity
$348,090

Purchase Details

Closed on
Mar 2, 2010
Sold by
G W Properties Limited Partnership
Bought by
Nanney Michael Obryan and Nanney Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Whitt Hobert E $45,000 None Available
Wallace Marvin W $44,000 None Available
Nanney Michael Obryan $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitt Hobert E $152,780
Previous Owner Nanney Michael Obryan $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2015 04/20/15 Sold $44,000 -11.8% --
04/15/2015 04/15/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $49,900 -- --
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 $1,703 $393,540 $125,000 $268,540
2024 $1,703 $393,540 $125,000 $268,540
2023 $1,216 $393,540 $125,000 $268,540
2022 $1,216 $197,400 $58,000 $139,400
2021 $1,186 $197,400 $58,000 $139,400
2020 $1,161 $197,400 $58,000 $139,400
2019 $1,161 $58,000 $58,000 $0
2018 $1,083 $182,510 $37,000 $145,510
2017 $1,083 $37,000 $37,000 $0
2016 $1,058 $37,000 $37,000 $0
2015 $399 $74,000 $74,000 $0
2014 $468 $95,000 $95,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20688434

Hive MLS

APN: 234EI061