NOT LISTED FOR SALE

317 NE 48th St Oak Island, NC 28465

Estimated Value: $319,111 - $415,000

2 Beds
1 Bath
774 Sq Ft
$474/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $125,000 $161 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,027/month

56 Days on Market

Highlights

  • Golf Course Community
  • Wooded Lot
  • No HOA
  • Southport Elementary School Rated 9+
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2018

Priced to sell two bedroom, one bath beach bungalow/ coastal cottage. Located close to the inter-coastal waterway, restaurants, shopping, miniature golf, grocery store and the beautiful Atlantic Ocean.

Last Agent to Sell the Property

Kathryn Auger

Better Beach Sales & Rentals, Inc. Listed on: 01/15/2018

Last Buyer's Agent

Wayne Salvetti

Coastal ERA License #243769

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56 x 119 x 59 x119
  • Wooded Lot
  • Property is zoned OK-R-6A

Home Design

  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 774 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Unpaved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 235li006

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • Laundry Location: Garage
  • List Price per Sq Ft: 180.75
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 774.00
  • Total Heated Primary Separate Sq Ft: 774.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Block
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Block, Crawl Space
  • Porch Balcony Deck: Covered, Screened
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Golf Course, Street Lights, Tennis Court(s), Playground, Restaurant

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 768.00
  • Lot Acres: 0.15
  • Lot Description: Wooded
  • Lot Dimensions: 56 x 119 x 59 x119
  • Lot Sq Ft: 6534.00
  • Plat Book: 5
  • Plat Page: 62-62
  • Zoning: OK-R-6A

Rental Info

  • Rental Income Gross Rental Income: 9600.00

Tax Info

  • Tax Identifier: 235li006
  • Tax Year: 2016

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Apr 20, 2018
Sold by
Mcmillan Scott M
Bought by
Mcalister Donald
Seller's Agent
Kathryn Auger
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Wayne Salvetti
Coastal ERA
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%
Current Estimated Value
$366,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,778
Avg. Annual Appreciation
15.50%
Original Mortgage
$122,735
Outstanding Balance
$105,987
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$260,791

Purchase Details

Closed on
Jul 3, 2014
Sold by
Lacey Meighan and Adamouski Mcmillan Meghan
Bought by
Mcmillan Scott M

Purchase Details

Closed on
Aug 28, 2008
Sold by
Kaufman Gurney and Kaufman Gina
Bought by
Mcmillan Scott M and Mcmillan Meighan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mcalister Donald $125,000 None Available
Mcmillan Scott M -- None Available
Mcmillan Scott M $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcalister Donald $122,735
Previous Owner Mcmillan Scott M $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $125,000 -10.7% $161 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $139,900 -- $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 $1,063 $252,140 $165,000 $87,140
2024 $1,063 $252,140 $165,000 $87,140
2023 $654 $252,140 $165,000 $87,140
2022 $654 $107,450 $63,000 $44,450
2021 $639 $107,450 $63,000 $44,450
2020 $627 $107,450 $63,000 $44,450
2019 $627 $63,830 $63,000 $830
2018 $489 $40,850 $40,000 $850
2017 $489 $40,850 $40,000 $850
2016 $476 $40,850 $40,000 $850
2015 $476 $81,230 $40,000 $41,230
2014 $446 $82,009 $45,000 $37,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100096286

Hive MLS

APN: 235LI006