NOT LISTED FOR SALE

3202 E Oak Island Dr Oak Island, NC 28465

Estimated Value: $542,000 - $631,000

-- Bed
2 Baths
1,539 Sq Ft
$376/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $150,000 $97 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $3,268/month

11 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 2 Acre Lot
  • Boat Dock
  • Fitness Center
  • 4-minute walk to Oak Island Art Guild

About This Home

As of May 2016

1 of 2 duplex apartments. 2 bedroom 1 bath

Last Agent to Sell the Property

Diane Eller

Oak Island Realty, Inc. License #205800 Listed on: 02/29/2016

Last Buyer's Agent

Diane Eller

Margaret Rudd Assoc/O.I.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1970

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 106x64x123x60
  • Corner Lot
  • Wooded Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Attic Access Panel

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Additional Features

  • Accessible Ramps
  • Patio

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 235kg001

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,128

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Vinyl
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Smoke Detectors, Wash/Dry Connect
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 103.90
  • Total Heated Sq Ft: 1539.00

Exterior Features

  • Exterior Features: Storm Doors, Thermal Windows
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Dock, Fitness Center, Golf Course, Marina, Picnic Grounds, Playground, Ramp, Restaurant, Sidewalk, Tennis
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 3307
  • Deed Page: 155.00
  • Lot Acres: 2.00
  • Lot Description: Corner Lot, Wooded
  • Lot Dimensions: 106x64x123x60
  • Lot Number: 1
  • Lot Sq Ft: 87120.00
  • Lot Water Features: None
  • Plat Book: 00
  • Plat Page: 00
  • Zoning: R6A

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: 235kg001
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 350.40
  • Total Real Estate Property Taxes: 1128.00

Multi Family

  • Number Total Units: 14

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
May 16, 2016
Sold by
Surratt Todd and Surratt Kelly
Bought by
Jonathan & Natasha Tatum Properties Llc
Seller's Agent
Diane Eller
Oak Island Realty, Inc.
Buyer's Agent
Diane Eller
Margaret Rudd Assoc/O.I.
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$578,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,569
Avg. Annual Appreciation
15.73%
Original Mortgage
$240,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 2006
Sold by
Michaux Charles H and Michaux Karen M
Bought by
Michaux Charles H and Michaux Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Fatkin Gerald L and Fatkin Jennifer Lynn Allen
Bought by
Schmidt Glenn B and Schmidt Maryanne E
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
Jonathan & Natasha Tatum Properties Llc $300,000 None Available
Jonathan & Natasha Tatum Properties Llc $300,000 None Available
Michaux Charles H -- None Available
Michaux Charles H -- None Available
Schmidt Glenn B $277,500 None Available
Schmidt Glenn B $277,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jonathan & Natasha Tatum Properties Llc $240,000
Previous Owner Michaux Charles H $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $150,000 -6.2% $97 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $159,900 -- $104 / 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 $1,466 $331,460 $147,000 $184,460
2024 $1,466 $331,460 $147,000 $184,460
2023 $1,049 $331,460 $147,000 $184,460
2022 $1,049 $165,600 $68,000 $97,600
2021 $1,019 $165,600 $68,000 $97,600
2020 $769 $165,600 $68,000 $97,600
2019 $994 $71,870 $68,000 $3,870
2018 $794 $41,460 $37,000 $4,460
2017 $794 $41,460 $37,000 $4,460
2016 $769 $41,460 $37,000 $4,460
2015 $769 $127,420 $37,000 $90,420
2014 $793 $143,650 $47,500 $96,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100004980

Hive MLS

APN: 235KG001