NOT LISTED FOR SALE

318 NE 56th St Oak Island, NC 28465

Estimated Value: $569,000 - $724,000

3 Beds
2.5 Baths
1,407 Sq Ft
$459/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $323,500 $230 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,617/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • No HOA
  • Southport Elementary School Rated 9+
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of March 2020

LOCATION, LOCATION! Charming Beach House sits a short distance to the 55th Street Boat Ramp. So boat lovers, this is your perfect home. Fenced in yard for your pets. The kitchen boasts bisque shaker cabinets, Whirlpool profile Stainless Steel appliances and pantry., Living area has Armstrong architectural laminate flooring with 50 year warranty and vaulted ceilings Master bath has large tiled walk in shower. There is a 14x8 screened in porch on the back and a 14x8 covered porch on the front. 240 square feet of storage downstairs with additional plumbing for washer & dryer, with a 1/2 bath for rinsing off the sand when coming off the beach or just entertaining. Outside ELEVATOR . LARGE wired outside STORAGE building that makes a nice workshop or ''She Shed''. Located in X Flood Zone. Location is close to restaurants, shopping, entertaining. 15 minutes to Southport and 45 minutes to Wilmington or Myrtle Beach.

Last Agent to Sell the Property

Kathy MacNish

Margaret Rudd Assoc/O.I. License #92024 Listed on: 01/19/2020

Last Buyer's Agent

Brooke Rudd-Gaglie

Margaret Rudd Assoc/O.I.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 2016

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Fenced Yard
  • Property is zoned R6

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,407 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 236ie022

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,027

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Concrete, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Intercom/Music, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • List Price per Sq Ft: 226.01
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1407.00
  • Total Heated Primary Separate Sq Ft: 1407.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower, Workshop
  • Fencing: Back Yard
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Playground, Trail(s), Tennis Court(s), Street Lights, Sidewalk, Restaurant, Fitness Center, Golf Course

Lot Info

  • Deed Page: 216.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55x120
  • Lot Number: 30
  • Lot Sq Ft: 6600.00
  • Plat Book: 5
  • Plat Page: 49
  • Zoning: R6

Tax Info

  • Tax Identifier: 236ie022
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 1402.00
  • Total Real Estate Property Taxes: 3027.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Mar 5, 2020
Sold by
Sawyer Arcell C and Sawyer Charles D
Bought by
Lower David S and Lower Jodi M
Seller's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
Buyer's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
List Price
$318,000
Sold Price
$323,500
Premium/Discount to List
$5,500
1.73%
Current Estimated Value
$645,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,143
Avg. Annual Appreciation
13.11%
Original Mortgage
$258,800
Outstanding Balance
$229,637
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$416,006

Purchase Details

Listed on
Nov 11, 2015
Closed on
Oct 20, 2016
Sold by
T O O Construction Company Inc
Bought by
Sawyer Charles D and Sawyer Arcell C
Seller's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
Buyer's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 27, 2015
Sold by
Lowman Harvey D and Lowman Linda C
Bought by
T O O Construstion Company Llc
Seller's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
Buyer's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
List Price
$51,000
Sold Price
$49,700
Premium/Discount to List
-$1,300
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
201.35%
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
Lower David S $323,500 None Available
Sawyer Charles D $260,000 None Available
T O O Construstion Company Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lower David S $258,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $323,500 +1.7% $230 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $318,000 +22.3% $226 / Sq Ft
10/27/2016 10/27/16 Sold $260,000 -3.7% $181 / Sq Ft View Prior Sale
09/03/2016 09/03/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $269,900 +443.1% $188 / Sq Ft
04/29/2015 04/29/15 Sold $49,700 -2.5% $35 / Sq Ft View Prior Sale
04/27/2015 04/27/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $51,000 -- $36 / 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 $2,330 $557,650 $165,000 $392,650
2024 $2,330 $557,650 $165,000 $392,650
2023 $1,680 $557,650 $165,000 $392,650
2022 $1,680 $285,640 $63,000 $222,640
2021 $1,650 $285,640 $63,000 $222,640
2020 $1,625 $285,640 $63,000 $222,640
2019 $1,625 $76,780 $63,000 $13,780
2018 $1,460 $54,650 $40,000 $14,650
2017 $1,355 $41,750 $40,000 $1,750
2016 $900 $40,000 $40,000 $0
2015 $220 $40,000 $40,000 $0
2014 $227 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100200327

Hive MLS

APN: 236IE022