NOT LISTED FOR SALE

Estimated Value: $671,000 - $746,000

3 Beds
2 Baths
1,716 Sq Ft
$411/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $625,000 $364 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,380/month

45 Days on Market

Highlights

  • Marina
  • Scenic Views
  • Custom Closet System
  • Spa
  • Open Floorplan
  • Deck

About This Home

As of February 2023

SOPHISTICATED OAK ISLAND BEACH COTTAGE JUST STEPS TO THE SURF & SAND! You’ll be enjoying life on Island time in this better-than-new 3 bedroom, 2 full bath modern & fresh oasis that's now ready for a new owner to take in the stunning sunsets. A complete rebuild in 2020 includes all new framing of the rear of the home & the entire 2nd floor, new roof, gutters, vinyl & board & batten siding, 2 custom baths, 200 amp panel, upgraded insulation, custom staircase, sliders, rear deck, inviting dining room & a stunning primary suite. Kitchen with SS appliances, granite & B Bar. Smart Home features include: Security System, Eco Bee Thermostat, Ring System, Bluetooth Exhaust fan, Lutron Lighting System & keypad locks. NO FLOOD INSURANCE REQUIRED HERE! Sweeping marsh views allow you to enjoy the 4th of July fireworks of several cities from the comfort of your private, fenced yard. Open House on Saturday, November 26 from 1 to 3pm. Nothing to do here but unpack & explore life at the shore!

Last Agent to Sell the Property

Lisa Pete

Acres Away Realty, Inc. Listed on: 11/23/2022

Last Buyer's Agent

Amanda George

Century 21 Shawmut Properties

Century 21 Shawmut Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,298

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 3,001 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot
  • Irregular Lot
  • Cleared Lot
  • Property is zoned RA

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,716 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Scenic Vista Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Dirt Floor

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:11 B:329G L:23,1370694

Community Details

Overview

  • No Home Owners Association
  • Oak Island Subdivision

Amenities

  • Shops

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,298

Year Built

Built in 1939 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1939
  • Buyer Agency: 2
  • Subdivision Name: Oak Island
  • Transaction Broker: 1
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wood
  • Room Bedroom3 Features: Closet, Flooring - Wood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wood, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Ceiling Fan(s), Countertops - Upgraded, Jacuzzi / Whirlpool Soaking Tub, Low Flow Toilet
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Room Dining Room Features: Flooring - Wood, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled
  • Basement: Dirt Floor, Unfinished
  • Living Area: 1716
  • Spa YN: Yes
  • Window Features: Screens
  • MAIN LO: H95115
  • LIST PRICE PER Sq Ft: 372.9
  • PRICE PER Sq Ft: 364.22
  • MAIN SO: BB2272

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Deeded, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Marina, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:11 B:329G L:23,1370694
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3001
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5298
  • Tax Book Number: 0

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2022
Closed on
Feb 15, 2023
Sold by
Loreti John M and Loreti Pete Loren
Bought by
Kompass Ashley L
Seller's Agent
Lisa Pete
Acres Away Realty, Inc.
Buyer's Agent
Amanda George
Century 21 Shawmut Properties
List Price
$639,900
Sold Price
$625,000
Premium/Discount to List
-$14,900
-2.33%
Views
215
Current Estimated Value
$712,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,631
Avg. Annual Appreciation
4.95%
Original Mortgage
$531,250
Outstanding Balance
$517,831
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,395

Purchase Details

Listed on
Jun 26, 2016
Closed on
Aug 30, 2016
Sold by
Dingwell Anna R
Bought by
Dream Builder Dev Grou
Seller's Agent
Lisa Melillo
Century 21 North East
Buyer's Agent
Ticiana Townsend
RE/MAX American Dream
List Price
$189,900
Sold Price
$169,900
Premium/Discount to List
-$20,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.30%
Original Mortgage
$215,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kompass Ashley L $625,000 None Available
Kompass Ashley L $625,000 None Available
Dream Builder Dev Grou $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kompass Ashley L $531,250
Closed Kompass Ashley L $531,250
Previous Owner Loreti John M $369,680
Previous Owner Dream Builder Dev Grou $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $625,000 -2.3% $364 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $639,900 0.0% $373 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
11/23/2022 11/23/22 For Sale $639,900 +70.0% $373 / Sq Ft
05/31/2017 05/31/17 Sold $376,500 -5.6% $278 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $399,000 +134.8% $294 / Sq Ft
08/30/2016 08/30/16 Sold $169,900 0.0% $125 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/07/2016 07/07/16 Price Changed $169,900 -10.5% $125 / Sq Ft
06/26/2016 06/26/16 For Sale $189,900 -- $140 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,742 $633,100 $259,000 $374,100
2024 $5,494 $603,100 $235,400 $367,700
2023 $5,368 $564,500 $205,600 $358,900
2022 $5,298 $509,400 $196,200 $313,200
2021 $4,263 $385,400 $180,500 $204,900
2020 $4,593 $407,900 $172,700 $235,200
2019 $4,452 $367,600 $157,000 $210,600
2018 $4,456 $343,800 $155,400 $188,400
2017 $2,925 $209,100 $119,300 $89,800
2016 $2,689 $186,100 $103,600 $82,500
2015 $2,754 $186,100 $103,600 $82,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73060467

MLS Property Information Network (MLS PIN)

APN: REVE-000011-000329G-000023