NOT LISTED FOR SALE

331 NE 55th St Oak Island, NC 28465

Estimated Value: $559,000 - $651,000

3 Beds
2 Baths
1,542 Sq Ft
$381/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $338,500 $220 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,280/month

3 Days on Market

Highlights

  • Sun or Florida Room
  • Furnished
  • Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Walk-In Closet

About This Home

As of November 2020

If you have been searching for your Oak island home, look no further! This beautiful home presents itself ''like new''! The home as been utilized as a second home and will come to you fully furnished! Bring your fishing pole, your swimsuit, and your smile! The home sits in the perfect OKI location, you have the public boat ramp on one end of 55th street and direct public beach access on the other side of 55th! It is close to shopping, dining, boating, beaching and more! The home itself is spacious and inviting, 3 bedroom 2 bath, Carolina room, sun room, and a screened in porch for your morning coffee! Once inside you will be amazed with both the layout and decor of the home, no detail was missed. The home has abundant storage, inside and out, complete with storage for your kayak an attached tool shed and a new 10x10 shed out back! Come out and see all that Oak Island has to offer!

Last Agent to Sell the Property

Tia Sellers

Fathom Realty NC, LLC License #249976 Listed on: 09/29/2020

Last Buyer's Agent

Neil Casstevens

Lynda Haraway Group, Inc. License #153048

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 2013

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56x119x55x55
  • Property is zoned r007

Home Design

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

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Sun or Florida Room

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Outdoor Shower
  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 236ig00901

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,989

Year Built

Built in 2013

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: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Furnished
  • Laundry Location: Closet
  • List Price per Sq Ft: 220.49
  • 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
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sunroom Level: Main
  • Sq Ft Heated: 1542.00
  • Total Heated Primary Separate Sq Ft: 1542.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dryer, Washer, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 61.00
  • Lot Acres: 0.15
  • Lot Dimensions: 56x119x55x55
  • Lot Sq Ft: 6534.00
  • Lot Water Features: None
  • Plat Book: 5
  • Plat Page: 49
  • Special Assessments: none known
  • Zoning: r007

Tax Info

  • Tax Identifier: 236ig00901
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 3, 2020
Sold by
Fee Jerry Wayne and Staton Virginia A
Bought by
Nathison Max Samuel and Nathison Elizabeth
Seller's Agent
Tia Sellers
Fathom Realty NC, LLC
Buyer's Agent
Neil Casstevens
Lynda Haraway Group, Inc.
List Price
$340,000
Sold Price
$338,500
Premium/Discount to List
-$1,500
-0.44%
Current Estimated Value
$587,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,832
Avg. Annual Appreciation
11.85%
Original Mortgage
$301,500
Outstanding Balance
$268,292
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$319,040

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 25, 2020
Sold by
Magness David A and Magness Joyce B
Bought by
Wayne Fee Jerry and Station Virginia A
Seller's Agent
Josh Roth
Swanson Realty-Brunswick County
Buyer's Agent
Tia Sellers
Fathom Realty NC, LLC
List Price
$319,000
Sold Price
$319,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.47%
Original Mortgage
$255,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2013
Sold by
Gordon Jerry W and Gordon Kathy L
Bought by
Magness David A and Magness Joyce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,440
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Nathison Max Samuel $342,500 None Available
Wayne Fee Jerry $319,000 None Available
Magness David A $192,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nathison Max Samuel $301,500
Previous Owner Wayne Fee Jerry $255,200
Previous Owner Magness David A $163,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2020 11/12/20 Sold $338,500 -0.4% $220 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $340,000 +6.6% $220 / Sq Ft
07/07/2020 07/07/20 Sold $319,000 0.0% $207 / Sq Ft View Prior Sale
06/12/2020 06/12/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $319,000 +75.7% $207 / Sq Ft
12/20/2016 12/20/16 Sold $181,600 -7.8% $140 / Sq Ft View Prior Sale
11/11/2013 11/11/13 Pending -- -- --
05/22/2013 05/22/13 For Sale $197,000 -- $151 / 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 $1,989 $468,310 $165,000 $303,310
2024 $1,989 $468,310 $165,000 $303,310
2023 $1,377 $468,310 $165,000 $303,310
2022 $1,377 $228,000 $63,000 $165,000
2021 $1,347 $228,000 $63,000 $165,000
2020 $1,322 $228,000 $63,000 $165,000
2019 $1,322 $65,070 $63,000 $2,070
2018 $1,230 $42,370 $40,000 $2,370
2017 $1,230 $42,370 $40,000 $2,370
2016 $1,132 $42,370 $40,000 $2,370
2015 $1,132 $196,650 $40,000 $156,650
2014 $938 $173,630 $45,000 $128,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100238915

Hive MLS

APN: 236IG00901