NOT LISTED FOR SALE

3221 E Beach Dr Oak Island, NC 28465

Estimated Value: $986,000 - $1,170,000

4 Beds
3 Baths
1,165 Sq Ft
$905/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $908,500 $780 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,039/month

89 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Ocean Side of Freeway
  • Furnished
  • Tennis Courts

About This Home

As of May 2023

This 3BR/2BA oceanfront cottage with a additional 1BR/1BA efficiency mother-in-law suite, hits the sweet spot! This oceanfront lot has a coveted bulk head sea wall in place for added protections that is allowed to be maintained. Since 2017 there have been many updates to this home. Upstairs you will find updated flooring, an updated shower and sinks in both bathrooms, kitchen island, stainless-steel appliances, new dishwasher as of 2021, and downstairs a new refrigerator as of 2019. There have also been new hurricane windows and sliding door installed upstairs, complete replacement of the roof, new seamless gutters, new electrical wiring and fuse box paneling, up-to-date plumbing, new insulation blown in attic and underside of house, both outside staircases replaced, and a new air conditioner heat pump. Centrally located on Oak Island, you are close to everything you need and want in life. Currently on the rental market and boasting a great rental income, this home would make a great rental investment property, as well as primary residence or second home. Make it yours today and experience what it's like to live every day overlooking spectacular ocean views and gorgeous sunrises and sunsets over the Atlantic Ocean. Downstairs heated and cooled 1 bedroom 1 bath additional living space is not included in square footage but is listed as additional square footage.

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 01/05/2023

Last Buyer's Agent

The Donatelli Group

Coldwell Banker Sea Coast Advantage License #335148

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1968

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 48 x 149
  • Ocean Front

Home Design

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

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Open Patio

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 249cb028

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,582

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1968
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 798.28
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1165.00
  • Total Heated Primary Separate Sq Ft: 1165.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Park, Trail(s), Tennis Court(s), Playground, Picnic Area, Pickleball

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 446.00
  • Lot Acres: 0.17
  • Lot Dimensions: 48 X 149
  • Lot Sq Ft: 7275.00
  • Lot Water Features: Ocean Side
  • Plat Book: 1
  • Plat Page: 96
  • Special Assessments: Possible Sand Assessment
  • Zoning: R
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 249cb028
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2581.62

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Apr 21, 2023
Sold by
Hendricks Marlies Y and Hendricks Robert A
Bought by
Patel Manoj Khandu and Patel Jyoti
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
The Donatelli Group
Coldwell Banker Sea Coast Advantage
List Price
$925,000
Sold Price
$908,500
Premium/Discount to List
-$16,500
-1.78%
Views
99
Current Estimated Value
$1,054,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,507
Avg. Annual Appreciation
6.67%
Original Mortgage
$681,375
Outstanding Balance
$657,114
Interest Rate
5%
Mortgage Type
Construction
Estimated Equity
$396,893

Purchase Details

Listed on
Dec 16, 2016
Closed on
Oct 4, 2017
Sold by
Gideon Griffin
Bought by
Hendricks Marlies Y and Pettibone Robert A
Seller's Agent
Robert Carroll
RE/MAX Southern Coast
Buyer's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
List Price
$399,000
Sold Price
$306,000
Premium/Discount to List
-$93,000
-23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%

Purchase Details

Closed on
Dec 4, 2006
Sold by
Woolard Rachel G
Bought by
Gideon Griffin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,980
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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
Patel Manoj Khandu $908,500 None Listed On Document
Hendricks Marlies Y $525,000 None Available
Gideon Griffin $680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Manoj Khanu $100,000
Closed Patel Manoj Khandu $30,000
Open Patel Manoj Khandu $681,375
Previous Owner Gideon Griffin $67,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $908,500 -2.3% $780 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/04/2023 04/04/23 Price Changed $930,000 +0.5% $798 / Sq Ft
02/15/2023 02/15/23 Price Changed $925,001 0.0% $794 / Sq Ft
01/05/2023 01/05/23 For Sale $925,000 +202.3% $794 / Sq Ft
10/10/2017 10/10/17 Sold $306,000 -23.3% $263 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $399,000 -- $342 / 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 $3,679 $919,620 $575,000 $344,620
2024 $3,679 $910,620 $575,000 $335,620
2023 $2,582 $910,620 $575,000 $335,620
2022 $2,582 $455,020 $260,000 $195,020
2021 $2,582 $455,020 $260,000 $195,020
2020 $0 $455,020 $260,000 $195,020
2019 $3,670 $521,300 $520,000 $1,300
2018 $1,653 $286,470 $195,000 $91,470
2017 $1,653 $195,000 $195,000 $0
2016 $1,628 $195,000 $195,000 $0
2015 $1,604 $286,470 $195,000 $91,470
2014 $1,740 $339,970 $275,000 $64,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100363700

Hive MLS

APN: 249CB028