$1,520,000
SOLD SEP 25, 2024

323 Caswell Beach Rd Oak Island, NC 28465

4 Beds
2 Baths
1,476 Sq Ft
0.28 Acres

Recently Sold

$1,030 Per Sq Ft

850% Above List Price

Highlights

  • Ocean Front
  • Vaulted Ceiling
  • No HOA
  • Ocean Side of Freeway
  • Furnished
  • Covered Patio or Porch

About This Home

As of September 2024

This charming oceanfront cottage is the perfect oasis for a beach lover! You can enjoy fantastic views of the Atlantic Ocean, the Intracoastal Waterway and the Oak Island Lighthouse! This home features a very generous size oceanfront sun deck where you can sit back and relax as you take in spectacular sunrises and sunsets. With your own boardwalk to the beach, you can dig your toes into the sand or enjoy fishing as soon as the urge strikes you. The unique barn-style, high ceiling in the living and dining area gives a very spacious feel as you overlook the ocean views beyond. Mealtimes will be a breeze with a nice square-shaped kitchen offering plenty of cabinet space and stainless-steel appliances. This cozy one-story home offers plenty of space for everyone with four bedrooms and 2 full baths and would make a fantastic investment property, already boasting an established rental history. Or make this oceanside oasis your own as a primary or secondary home all for yourself. The location cannot be beat, with Fort Caswell and Oak Island Golf Course just down the road and Historic Southport just a few minutes' drive away. Come and see all this oceanfront cottage can offer and start making your beach life dreams a reality!

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 08/08/2024

Last Buyer's Agent

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 08/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,057

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x168x72x164
  • Ocean Front

Home Design

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

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Ocean Side of Freeway
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Caswell Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 251na010

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,057

Year Built

Built in 1971

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: 1971
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Furnished, Ceiling - Vaulted
  • List Price per Sq Ft: 1029.81
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 1476.00
  • Total Heated Primary Separate Sq Ft: 1476.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • 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: Central, Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 763.00
  • Lot Acres: 0.28
  • Lot Dimensions: 75x168x72x164
  • Lot Sq Ft: 12197.00
  • Lot Water Features: Ocean Side
  • Plat Book: 8
  • Plat Page: 96
  • Zoning: R
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 251na010
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 8056.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Aug 30, 2024
Sold by
W H Odell Amended And Restated Trust and Odell W
Bought by
Amazin Properties Llc
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$160,000
Sold Price
$1,520,000
Premium/Discount to List
$1,360,000
850%
Views
9
Current Estimated Value
$1,522,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,710
Avg. Annual Appreciation
2.13%
Original Mortgage
$725,000
Outstanding Balance
$720,328
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$828,713

Purchase Details

Listed on
Oct 13, 2022
Closed on
Dec 7, 2022
Sold by
Urquhart Angela Lucas
Bought by
Odell W H
Seller's Agent
Melanie Morgan
Cabana Realty
Buyer's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
List Price
$1,400,000
Sold Price
$1,400,000
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$725,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2012
Sold by
Hogan Cynthia Lucas and Hogan John
Bought by
Urquhart Angela Lucas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
3.72%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,520,000 None Listed On Document
Warranty Deed $2,800 --
Warranty Deed $313,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,000 New Conventional
Previous Owner $725,000 New Conventional
Previous Owner $312,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Price Changed $1,520,000 -5.0% $1,030 / Sq Ft
10/01/2024 10/01/24 Price Changed $1,600,000 +900.0% $1,084 / Sq Ft
10/01/2024 10/01/24 For Sale $160,000 -89.5% $108 / Sq Ft
09/25/2024 09/25/24 Sold $1,520,000 +8.6% $1,030 / Sq Ft
01/09/2023 01/09/23 Sold $1,400,000 0.0% $882 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $1,400,000 -- $882 / 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
2024 $8,342 $1,423,340 $1,200,000 $223,340
2023 $5,858 $1,423,340 $1,200,000 $223,340
2022 $0 $695,760 $550,000 $145,760
2021 $0 $695,760 $550,000 $145,760
2020 $4,908 $695,760 $550,000 $145,760
2019 $5,502 $553,450 $550,000 $3,450
2018 $5,062 $502,960 $500,000 $2,960
2017 $5,062 $502,960 $500,000 $2,960
2016 $4,908 $502,960 $500,000 $2,960
2015 $4,908 $638,540 $500,000 $138,540
2014 $4,978 $742,436 $637,500 $104,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100468759

Hive MLS

APN: 251NA010