Seller's Agent in 2022
The Derrick Legacy Team
EXP Realty LLC
(843) 333-3333
1 in this area
524 Total Sales
340 NE 49th St Oak Island, SC 28465
Estimated Value: $315,000 - $399,000
2
Beds
1
Bath
912
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- Front Porch
- Dining Area
- Southport Elementary School Rated 9+
- Washer and Dryer
- Rectangular Lot
About This Home
As of April 2022Welcome to Oak Island, NC! This quaint 2 bedroom, 1 bathroom beach bungalow has everything you would want. Close proximity to the beach, shopping, and great food. The island is located only 20 minutes from the well established town of Southport NC. This home has been loved for many years and just recently had a few improvements. The roof was replaced only 3 short months ago, the entire homes plumbing was redone and the hardwood in the living areas is just a few years old. Approaching the property you are immediately pleased with the mature landscaping and the large front porch with a pergola accent. Two sliding doors at the front entrance allows for the home to feel bright and spacious. The living area and dining are all in one, with a cute kitchen featuring all white appliances and cabinetry. Down the hallway are the two bedrooms, both with carpeting, large closet space and access to the backyard. Also in the rear of the structure is the full bathroom with tub/shower combo, a stackable washer and dryer unit, and nice linen closet. This home is located on the North side of the island and is the corner lot, only a 3 minute walk to the water and community nature center. Whether you are looking to invest or have a place at the beach this home surely will not disappoint.
Last Buyer's Agent
AGENT .NON-MLS
ICE Mortgage Technology INC
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,239
Year Built
- Built in 1969
Lot Details
- 6,534 Sq Ft Lot
- Rectangular Lot
Parking
- Driveway
Home Design
- Slab Foundation
- Wood Frame Construction
- Tile
Interior Spaces
- 912 Sq Ft Home
- Vaulted Ceiling
- Dining Area
- Carpet
- Microwave
- Washer and Dryer
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Front Porch
Schools
- Belville Elementary School
- South Brunswick Middle School
- South Brunswick High School
Utilities
- Cooling System Mounted To A Wall/Window
- Water Heater
- Phone Available
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2013
Sold by
Forlines William Craig and Forlines Jennifer Anne
Bought by
Bailey Jesse Michael
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Outstanding Balance
$71,553
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$283,718
Purchase Details
Closed on
Apr 7, 2011
Sold by
Griva Mara
Bought by
Forlines William Craig and Forlines Jennifer Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
4.75%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey Jesse Michael | $112,500 | None Available | |
| Forlines William Craig | $107,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey Jesse Michael | $101,250 | |
| Previous Owner | Forlines William Craig | $107,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2022 04/14/22 | Sold | $255,000 | -5.2% | $280 / Sq Ft |
| 02/19/2022 02/19/22 | Price Changed | $269,000 | -3.6% | $295 / Sq Ft |
| 02/14/2022 02/14/22 | Price Changed | $279,000 | -3.5% | $306 / Sq Ft |
| 01/11/2022 01/11/22 | Price Changed | $289,000 | -3.3% | $317 / Sq Ft |
| 12/10/2021 12/10/21 | For Sale | $299,000 | -- | $328 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $1,239 | $299,380 | $165,000 | $134,380 |
| 2024 | $1,239 | $298,180 | $165,000 | $133,180 |
| 2023 | $766 | $298,180 | $165,000 | $133,180 |
| 2022 | $766 | $128,840 | $63,000 | $65,840 |
| 2021 | $751 | $128,840 | $63,000 | $65,840 |
| 2020 | $739 | $128,840 | $63,000 | $65,840 |
| 2019 | $739 | $63,000 | $63,000 | $0 |
| 2018 | $651 | $112,020 | $40,000 | $72,020 |
| 2017 | $651 | $40,000 | $40,000 | $0 |
| 2016 | $638 | $40,000 | $40,000 | $0 |
| 2015 | $638 | $112,020 | $40,000 | $72,020 |
| 2014 | $493 | $91,860 | $45,000 | $46,860 |
Source: Public Records
Agents Affiliated with this Home
-
The Derrick Legacy Team
-
Adrianna Derrick
Seller Co-Listing Agent in 2022
Adrianna Derrick
EXP Realty LLC
(843) 360-0336
1 in this area
132 Total Sales
-
A
Buyer's Agent in 2022
AGENT .NON-MLS
ICE Mortgage Technology INC
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2127174
APN: 235LK014
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Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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