NOT LISTED FOR SALE

306 NE 48th St Oak Island, NC 28465

Estimated Value: $357,000 - $456,000

2 Beds
1 Bath
1,001 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 21, 2016

Last sale price $150,000 $150 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,248/month

124 Days on Market

Highlights

  • Deck
  • Furnished
  • Porch
  • Southport Elementary School Rated 9+
  • Fenced Yard
  • Central Air

About This Home

As of January 2016

Adorable 2 bedroom, 1 bath home in a great location at Oak Island. Just blocks to the beach and steps to the Intracoastal Waterway. Convenient to restaurants, shops, grocery store and so much more. This home has been lovingly cared for and very well maintained. Year-round living or a vacation get-away...just the perfect cottage for you. Bright and cheery, open floor plan, windows galore, covered front porch, large outdoor shower, privacy fence in backyard, 12 x 14 back deck. Mostly furnished. Why not call 306 NE 48th Street home? Call today for a private tour!

Last Agent to Sell the Property

Susan Scott

Coldwell Banker Sea Coast Advantage Listed on: 09/02/2015

Last Buyer's Agent

Rosado Associates

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $761

Year Built

  • Built in 1989

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Fenced Yard
  • Wood Fence
  • Property is zoned OK-R-6A

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,001 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Range Hood
  • Built-In Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 2361
  • Assessor Parcel Number 206620829384

Home Details

Home Type

Single Family

Est. Annual Taxes

$761

Year Built

Built in 1989

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: 1.0
  • Stories Levels: One
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Furnished, Blinds/Shades
  • List Price per Sq Ft: 157.84
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Bedroom 1 Level: 1DDITPS1R1GD
  • Dining Room Level: 1DDITQOQ0BS6
  • Living Room Level: 1DDITU4NXWJK
  • Primary Bedroom Level: 1DDITTREWRIG
  • Sq Ft Heated: 1001.00
  • Total Heated Primary Separate Sq Ft: 1001.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dryer, Washer, Vent Hood, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 454.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55X120
  • Lot Number: 2361
  • Lot Sq Ft: 6600.00
  • Lot Water Features: None
  • Plat Book: 5
  • Plat Page: 62
  • Zoning: OK-R-6A

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 206620829384
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 761.16
  • Total Real Estate Property Taxes: 761.16

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Jan 13, 2016
Sold by
Cordell Loy Franklin and Cordell Martha Browning
Bought by
Mason Clark E and Mason Carol H
Seller's Agent
Susan Scott
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Rosado Associates
Coldwell Banker Sea Coast Advantage
List Price
$158,000
Sold Price
$150,000
Premium/Discount to List
-$8,000
-5.06%
Current Estimated Value
$402,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,647
Avg. Annual Appreciation
10.69%
Original Mortgage
$135,000
Outstanding Balance
$107,439
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$295,208

Purchase Details

Closed on
Apr 11, 2011
Sold by
Allen Mary Melinda
Bought by
Cordell Loy Franklin and Cordell Martha Browning
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
Mason Clark E $150,000 None Available
Cordell Loy Franklin $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Clark E $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2016 01/21/16 Sold $150,000 -5.1% $150 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $158,000 -- $158 / 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 $1,431 $348,480 $165,000 $183,480
2024 $1,431 $348,480 $165,000 $183,480
2023 $888 $348,480 $165,000 $183,480
2022 $888 $152,040 $63,000 $89,040
2021 $873 $152,040 $63,000 $89,040
2020 $861 $152,040 $63,000 $89,040
2019 $861 $64,970 $63,000 $1,970
2018 $774 $42,150 $40,000 $2,150
2017 $774 $42,150 $40,000 $2,150
2016 $761 $42,150 $40,000 $2,150
2015 $761 $135,460 $40,000 $95,460
2014 $646 $123,596 $45,000 $78,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20696087

Hive MLS

APN: 235LJ021