NOT LISTED FOR SALE

3501 E Beach Dr Oak Island, NC 28465

Estimated Value: $804,462 - $1,096,000

2 Beds
2 Baths
1,260 Sq Ft
$743/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $560,000 $444 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,139/month

38 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Fitness Center
  • Southport Elementary School Rated 9+
  • Golf Course Community
  • Deck

About This Home

As of October 2021

Coastal charm abounds in this classic beach cottage with knotty pine walls and ceilings with exposed beams. The owners have lovingly maintained this home and have made several improvements making it move in ready. The kitchen appliances have been updated as well as newer vinyl windows and a pitched roof added in 2011. The heating and air was replaced in 2019. Enjoy sitting on the large rear deck overlooking the ocean or sit inside and enjoy the views from the den with windows galore. Situated on a corner lot this beach cottage is the home you have been waiting for so don't wait or it will be gone. House is being sold fully furnished.

Last Agent to Sell the Property

Happy Place

Margaret Rudd Assoc/O.I. License #29238 Listed on: 07/23/2021

Co-Listed By

Karen Edwards

Margaret Rudd Assoc/O.I. License #128608

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1963

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Wood Fence
  • Corner Lot
  • Property is zoned R7

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Attic Access Panel
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number P/O 249cb025

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Amenities

  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Community Basketball Court
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dryer, Refrigerator, Washer, Stove/Oven - Electric
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 1037.00
  • Directions To Property: East Beach Drive to the 3500 block. Home is on the corner oceanfront.
  • Document Count: 9
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Wood
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • Green Bldg Certify: None
  • Green Bldg Features: None
  • Handicap Accessible: None
  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Restaurant, Fitness Center, Marina, Golf Course
  • Listing I D: 100282577
  • List Priceper Sq Ft: 440.48
  • Location Type: Island
  • Lot Acres: 0.17
  • Lot Description: Corner Lot
  • Lot Dimensions: 50 x 150
  • Lot Number: 1
  • Lot Sq Ft: 7500.00
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: Yes
  • Special Assessments: pending sand
  • Sq Ft Heated: 1260.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: E. Long Beach
  • Tax Identifier: P/O 249cb025
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 1298.27
  • Total Real Estate Property Taxes: 3732.54
  • Total Heated Primary Separate Sq Ft: 1260.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1963
  • Zoning: R7
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Kitchen
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • On Site Pool Spa: None
  • Roof: Composition
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 28, 2021
Sold by
Caviness William J
Bought by
Delbusso Anthony
Seller's Agent
Happy Place
Margaret Rudd Assoc/O.I.
Buyer's Agent
Sally Seller
Non Member Office
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Current Estimated Value
$935,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,616
Avg. Annual Appreciation
12.77%
Original Mortgage
$504,000
Outstanding Balance
$459,601
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$476,015

Purchase Details

Closed on
Nov 1, 1986
Bought by
Caviness William J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Delbusso Anthony $560,000 None Available
Caviness William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delbusso Anthony $504,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $560,000 +0.9% $444 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/21/2021 08/21/21 Price Changed $555,000 -6.7% $440 / Sq Ft
07/23/2021 07/23/21 For Sale $595,000 -- $472 / 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 $2,967 $724,320 $575,000 $149,320
2024 $30 $724,320 $575,000 $149,320
2023 $2,343 $724,320 $575,000 $149,320
2022 $2,343 $377,620 $260,000 $117,620
2021 $0 $463,670 $390,000 $73,670
2020 $2,702 $463,670 $390,000 $73,670
2019 $2,702 $395,540 $390,000 $5,540
2018 $1,498 $197,820 $195,000 $2,820
2017 $1,498 $197,820 $195,000 $2,820
2016 $1,473 $197,820 $195,000 $2,820
2015 $1,473 $258,420 $195,000 $63,420
2014 $1,659 $320,947 $275,000 $45,947
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Happy Place

    Margaret Rudd Assoc/O.I.

    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Karen Edwards

    Margaret Rudd Assoc/O.I.

    (910) 294-2263

    18 in this area

    23 Total Sales

    Karen Edwards
    Section Image

  • S

    Buyer's Agent in 2021

    Sally Seller

    Non Member Office

  • N

    Buyer's Agent in 2021

    Non Member

    Berkshire Hathaway HomeServices Carolina Premier Properties

  • A

    Buyer's Agent in 2021

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100282577

Hive MLS

APN: 249CB025

North Carolina Brunswick County Oak Island 28465

3501 E Beach Dr, Oak Island, NC

Not Listed for Sale

Detached

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