NOT LISTED FOR SALE

322 NE 40th St Oak Island, NC 28465

Estimated Value: $572,000 - $660,000

3 Beds
2 Baths
1,773 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $290,000 $164 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,495/month

121 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • No HOA
  • Southport Elementary School Rated 9+
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of March 2020

Dreaming of the island lifestyle? Come see this beauty located just blocks from the water and make your dreams a reality! Lovely 3 Bedroom / 2 Bath home with so much to offer inside and out. And yes, there is also a 2 car garage AND fenced backyard! The spacious Living, Formal Dining and Kitchen provide an open plan with room to entertain. The delightful Kitchen offers lots of roomy granite counters, tile backsplash, a breakfast bar and a sunny breakfast area. You'll love that the Bedrooms are set apart from the main living area for privacy. The large Master Suite features a walk-in closet and grand bath including a dual vanity, garden tub and walk-in shower. From the vaulted ceilings, hardwood floors, gas log fireplace and Plantation shutters to the cozy screened sunporch, huge deck (with ramp) and private backyard, you'll want for nothing but time to spend at home. There's even an outdoor shower perfect for days spent playing in the beach sand. An additional plus is the handicap access through a garage ramp. (Ramp Can Be Removed Upon Request.) What's it like to live where you can vacation year-round? Come let us show you!

Last Agent to Sell the Property

Team KBT Realty

Keller Williams Innovate-KBT Listed on: 10/09/2019

Last Buyer's Agent

Howard Mullendore

Margaret Rudd Assoc/O.I. License #229201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 2004

Lot Details

  • 8,603 Sq Ft Lot
  • Lot Dimensions are 55' x 185' x 54' x 159'
  • Wood Fence
  • Wooded Lot
  • Property is zoned X500

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,773 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Bathroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Doors
  • Accessible Approach with Ramp

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 235lc02001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Approach with Ramp, Kitchen, Hallways, Bathroom, Accessible Doors
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Foyer, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 166.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1773.00
  • Total Heated Primary Separate Sq Ft: 1773.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: Wood
  • Foundation: Block
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Disposal, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 336.00
  • Lot Acres: 0.20
  • Lot Description: Wooded
  • Lot Dimensions: 55' x 185' x 54' x 159'
  • Lot Number: 35
  • Lot Sq Ft: 8603.00
  • Lot Water Features: None
  • Plat Book: 5
  • Plat Page: 70-70A
  • Special Assessments: None Aware of
  • Zoning: X500

Tax Info

  • Tax Identifier: 235lc02001
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 2018.00
  • Total Real Estate Property Taxes: 1526.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Mar 20, 2020
Sold by
Hudson John T
Bought by
Mcbride Johnny W and Chancy Mcbride Barbara
Seller's Agent
Team KBT Realty
Keller Williams Innovate-KBT
Buyer's Agent
Howard Mullendore
Margaret Rudd Assoc/O.I.
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Current Estimated Value
$630,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,496
Avg. Annual Appreciation
14.88%
Original Mortgage
$246,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2015
Closed on
Mar 16, 2016
Sold by
Wells Fargo Bank Na
Bought by
Trivette Cynthia
Seller's Agent
Christine Cronick
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Wanda Adkins
Better Beach Sales & Rentals, Inc.
List Price
$247,500
Sold Price
$224,900
Premium/Discount to List
-$22,600
-9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Nov 16, 2015
Sold by
Faust Bruce E and Faust Diane H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 1, 2004
Bought by
Lawrence Carrie
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
Mcbride Johnny W $290,000 None Available
Trivette Cynthia $225,000 Servicelink Llc
Wells Fargo Bank Na $238,900 None Available
Lawrence Carrie $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcbride Johnny W $246,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2020 03/24/20 Sold $290,000 -3.3% $164 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
10/09/2019 10/09/19 For Sale $300,000 +33.4% $169 / Sq Ft
04/04/2016 04/04/16 Sold $224,900 -9.1% $123 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $247,500 -- $135 / 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 -- $539,250 $165,000 $374,250
2024 $2,260 $539,250 $165,000 $374,250
2023 $1,623 $539,250 $165,000 $374,250
2022 $0 $274,800 $63,000 $211,800
2021 $1,568 $274,800 $63,000 $211,800
2020 $1,568 $274,800 $63,000 $211,800
2019 $1,568 $66,320 $63,000 $3,320
2018 $1,526 $43,780 $40,000 $3,780
2017 $1,527 $43,900 $40,000 $3,900
2016 $1,454 $43,900 $40,000 $3,900
2015 $1,454 $257,840 $40,000 $217,840
2014 $1,162 $220,017 $45,000 $175,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100187906

Hive MLS

APN: 235LC02001