NOT LISTED FOR SALE

324 NE 48th St Oak Island, NC 28465

Estimated Value: $625,000 - $672,000

3 Beds
2 Baths
1,316 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $595,000 $452 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,610/month

8 Days on Market

Highlights

  • Waterfront Community
  • Golf Course Community
  • Deck
  • Southport Elementary School Rated 9+
  • Fitness Center
  • Wood Flooring

About This Home

As of June 2023

Cozy and well-appointed coastal piling home that is just a block from the Intracoastal Waterway and only four blocks to the beach! From the covered porch, enter the inviting sun filled living room where you are greeted with a coffered ceiling and open living space. The generous living room opens onto the dining area and kitchen. The light and bright kitchen with white cabinets is equipped with a pantry and stainless-steel appliances including a side-by-side refrigerator and built-in microwave. Enjoy the granite countertops which includes bar seating for three. Saunter into the screened porch off the dining area for your morning breakfast as the sun greets you. Engineered hardwood floors continue into the main bedroom where you will find a walk-in-closet and an ensuite bathroom with double vanity and custom tiled walk-in shower. Under the house there is plenty of room for parking and a large storage room that has electric outlets. After a day at the beach or fishing you can wash yourself in the handy outdoor shower before entering the home. The fenced-in backyard includes a free-standing storage shed for all your yard maintenance tools. This property is near many amenities. Take a short walk or golf cart trip down NE 48th St toward the beach and you can enjoy summer concerts or take in a game of tennis at Middleton Park. Play golf at the Oak Island Golf Course or head over to the Recreation Center to take in a nature program, launch a kayak, or other activity. Travel seven blocks to the boat launch and recovery on NE 55th Street and E Yacht Drive. The amenities belong to the Town of Oak Island. The home is being sold partially furnished with some exceptions. Although never rented, the projected short-term rental income for this home is estimated to be about $45,000.00. Note: All offers must be received by tomorrow May 13, 5PM.

Last Agent to Sell the Property

Michael Brennan

Berkshire Hathaway HomeServices Carolina Premier Properties License #280119 Listed on: 05/07/2023

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Todd Holleman

Keller Williams Innovate-OKI License #316672

Keller Williams Innovate-OKI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,330

Year Built

  • Built in 2019

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Fenced Yard
  • Wood Fence
  • Irrigation
  • Property is zoned OK-R-6

Home Design

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

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Off-Street Parking
  • Golf Cart Parking

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 235lj018

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Amenities

  • Picnic Area

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,330

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2019
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Pantry, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 452.13
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1316.00
  • Total Heated Primary Separate Sq Ft: 1316.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower, Thermal Doors, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shed(s)
  • Fencing: Back Yard, Wood
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck, Porch, Screened
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: Golf Cart Parking
  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Concrete, Gravel, Off Street, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Microwave - Built-In, Stove/Oven - Electric
  • Cooling System: Central, Heat Pump
  • 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: Municipal Sewer, Municipal Water, Sewer Connected, Water Connected
  • Water Heater: Electric
  • Internet Service Provider: ATMC or Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Fitness Center, Golf Course, Park, Picnic Area, Playground, See Remarks, Tennis Court(s)

Lot Info

  • Deed Page: 742.00
  • Lot Acres: 0.15
  • Lot Dimensions: 55X120
  • Lot Number: 35
  • Lot Sq Ft: 6534.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 5
  • Plat Page: 62-62A
  • Special Assessments: none known by seller
  • Zoning: OK-R-6

Green Features

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

Tax Info

  • Tax Identifier: 235lj018
  • Tax Year: 2023

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
May 7, 2023
Closed on
May 22, 2023
Sold by
Gallo David Reed and Reyne Marie
Bought by
Mercer Shaunis L and Autry Christopher J
Seller's Agent
Michael Brennan
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Todd Holleman
Keller Williams Innovate-OKI
List Price
$595,000
Sold Price
$595,000
Views
60
Current Estimated Value
$646,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,343
Avg. Annual Appreciation
3.57%
Original Mortgage
$535,500
Outstanding Balance
$517,086
Interest Rate
5.2%
Mortgage Type
New Conventional
Estimated Equity
$129,257

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 19, 2021
Sold by
Faller James D
Bought by
Gallo David Reed and Gallo Reyne Marie
Seller's Agent
Crystal McDaniel
Palm Realty, Inc.
Buyer's Agent
Michael Brennan
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$420,000
Sold Price
$396,000
Premium/Discount to List
-$24,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%
Original Mortgage
$356,400
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2019
Closed on
May 15, 2020
Sold by
Isenhour Homes Llc
Bought by
Faller James D
Seller's Agent
Scott Isenhour
Isenhour Realty LLC.
Buyer's Agent
Crystal McDaniel
Palm Realty, Inc.
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.85%

Purchase Details

Closed on
Jul 10, 2019
Sold by
Isenhour K Todd and Isenhour Kathi P
Bought by
Isenhour Homes Llc

Purchase Details

Closed on
Nov 27, 2018
Sold by
Welch Nova R
Bought by
Isenhour K Todd

Purchase Details

Closed on
Jul 1, 1999
Bought by
Welch Nova R
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
Mercer Shaunis L $595,000 None Listed On Document
Gallo David Reed $405,000 None Available
Faller James D $345,000 None Available
Isenhour Homes Llc $72,000 None Available
Isenhour K Todd $60,000 None Available
Welch Nova R $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Shaunis L $535,500
Previous Owner Gallo David Reed $356,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2023 06/15/23 Sold $595,000 0.0% $452 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $595,000 +50.3% $452 / Sq Ft
01/21/2021 01/21/21 Sold $396,000 -5.7% $299 / Sq Ft View Prior Sale
12/07/2020 12/07/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $420,000 +21.7% $317 / Sq Ft
05/21/2020 05/21/20 Sold $345,000 -4.1% $265 / Sq Ft View Prior Sale
05/12/2020 05/12/20 Pending -- -- --
04/24/2019 04/24/19 For Sale $359,900 -- $276 / 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 $2,330 $557,680 $165,000 $392,680
2024 $2,330 $557,680 $165,000 $392,680
2023 $1,564 $557,680 $165,000 $392,680
2022 $1,564 $263,610 $63,000 $200,610
2021 $1,534 $263,610 $63,000 $200,610
2020 $1,509 $263,610 $63,000 $200,610
2019 $343 $63,000 $63,000 $0
2018 $223 $40,000 $40,000 $0
2017 $223 $40,000 $40,000 $0
2016 $220 $40,000 $40,000 $0
2015 $220 $40,000 $40,000 $0
2014 $227 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100383152

Hive MLS

APN: 235LJ018