NOT LISTED FOR SALE

338 NE 40th St Oak Island, NC 28465

Estimated Value: $649,000 - $720,000

3 Beds
2 Baths
1,600 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $625,000 $391 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,797/month

40 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Walk-In Closet
  • Southport Elementary School Rated 9+
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of August 2023

Welcome to beach life! New home offered by Port City Capital and Elevate Construction, featuring a open floor plan in a great northeast location of Oak Island. This floor plan was seen on HGTV House Hunters, with features including: Hardie exterior, White shaker cabinets with soft close doors and drawers, granite counter tops, stainless steel appliances, electric fireplace with shiplap surround, vinyl plank flooring, hot and cold outdoor shower. Master Bathroom has walk in tiled shower with glass door and double vanities. The home sits on a large lot that could easily fit a pool. This northeast location is near the waterway, with a short golf cart ride to the beach, food and shopping center.

Last Agent to Sell the Property

Sherri Ingle

Intracoastal Realty Corp Listed on: 06/02/2023

Intracoastal Realty Corp

Last Buyer's Agent

Brian Chisholm

SJC Real Estate LLC License #324542

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 2023

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned R-5

Home Design

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

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Scuttle Attic Hole
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 235lc015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,466

Year Built

Built in 2023

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: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: Scuttle
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Ceiling Fan(s), Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 406.19
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1600.00
  • Total Heated Primary Separate Sq Ft: 1600.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • 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: 961.00
  • Lot Acres: 0.20
  • Lot Dimensions: Irregular
  • Lot Number: 27
  • Lot Sq Ft: 8712.00
  • Lot Water Features: None
  • Plat Book: 5
  • Plat Page: 70
  • Zoning: R-5

Tax Info

  • Tax Identifier: 235lc015
  • Tax Year: 2022

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
Jun 2, 2023
Closed on
Jul 25, 2023
Sold by
Port City Capital Llc
Bought by
Swan Ryan Steven and Swan Natalie Jean
Seller's Agent
Sherri Ingle
Intracoastal Realty Corp
Buyer's Agent
Brian Chisholm
SJC Real Estate LLC
List Price
$649,900
Sold Price
$625,000
Premium/Discount to List
-$24,900
-3.83%
Views
279
Current Estimated Value
$684,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,619
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
Feb 7, 2022
Sold by
Hales and Ramona
Bought by
Port City Capital Llc

Purchase Details

Closed on
May 11, 2005
Sold by
Willis Anne B
Bought by
Hales Ramona and Hales Rufus
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
Swan Ryan Steven $625,000 None Listed On Document
Swan Ryan Steven $625,000 None Listed On Document
Port City Capital Llc $142,500 Ito Chiaki
Port City Capital Llc $142,500 Ito Chiaki
Hales Ramona $155,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $625,000 -3.8% $391 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $649,900 -- $406 / 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 $2,466 $593,180 $165,000 $428,180
2024 $2,466 $593,180 $165,000 $428,180
2023 $349 $524,070 $165,000 $359,070
2022 $349 $63,000 $63,000 $0
2021 $0 $63,000 $63,000 $0
2020 $0 $63,000 $63,000 $0
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

  • Sherri Ingle

    Seller's Agent in 2023

    Sherri Ingle

    Intracoastal Realty Corp

    (910) 620-7178

    16 in this area

    1,093 Total Sales

    Sherri Ingle
    Section Image
  • Brian Chisholm

    Buyer's Agent in 2023

    Brian Chisholm

    SJC Real Estate LLC

    (603) 765-0468

    1 in this area

    57 Total Sales

    Brian Chisholm
    Section Image
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Map

Source: Hive MLS

MLS Number: 100387710

Hive MLS

APN: 235LC015

North Carolina Brunswick County Oak Island 28465

338 NE 40th St, Oak Island, NC

This home is located at 338 NE 40th St, Oak Island, NC 28465 since 02 June 2023 and is currently estimated at $684,619, approximately $427 per square foot. This property was built in 2023. 338 NE 40th St is a home located in Brunswick County with nearby schools including Southport Elementary School, South Brunswick Middle School, and South Brunswick High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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