NOT LISTED FOR SALE

3517 E Beach Dr Oak Island, NC 28465

Estimated Value: $2,032,000 - $2,210,318

7 Beds
5.5 Baths
2,685 Sq Ft
$782/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $1,605,000 $598 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $11,481/month

18 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Deck
  • Furnished

About This Home

As of April 2021

LARGE INCOME PRODUCER!!! Unbelievable custom ocean front 7 bedroom, 5 1/2 bath home w/2 family rooms, an elevated pool, and an elevator. This spacious home is full of extras. The design is unique with 2 master suites with custom tile showers. The kitchen in this home is ideal for any chef with granite countertops and stainless appliances including a gas range. Anyone lucky enough to work in this space will admire the views as well as the open concept. All baths have custom tile and upgraded fixtures and granite countertops. Some of the other features include higher end moldings, elevator, tankless gas water heater. Make sure that you spend lots of time on the 2 ocean front decks, one of which includes a private elevated pool. Enjoy the unobstructed views of the ocean while taking a swim. Bask in the sun and feel the ocean breeze whisk though your hair as the stress melts away. Leave the sand outside after a day at the beach with a enclosed outdoor shower. This home is designed for low maintenance with vinyl siding ,vinyl deck handrails and waterproof LVP flooring. There is plenty of parking under the home and on the concrete driveway for cars and boats. This home is conveniently located to the all new Oak Island splash park, as well as basketball, tennis, and pickleball courts. This beautiful home will not last long!!

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 02/21/2021

Last Buyer's Agent

Hank Troscianiec & Associates

Atlantic Realty Professionals, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 2018

Lot Details

  • 7,516 Sq Ft Lot
  • Lot Dimensions are 50 x 151
  • Ocean Front
  • Property is zoned R-7

Home Design

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

Interior Spaces

  • 2,685 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 249cb019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,572

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Gas, Microwave - Built-In, Dryer
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 1063.00
  • Directions To Property: NC 211 to Middleton, left on East Beach Drive, home is on the right.
  • Document Count: 5
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Green Bldg Features: Tankless Water Heater
  • Handicap Accessible: Elevator
  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks
  • Listing I D: 100257721
  • List Priceper Sq Ft: 595.87
  • Location Type: Island
  • Lot Acres: 0.17
  • Lot Dimensions: 50 x 151
  • Lot Number: 9
  • Lot Sq Ft: 7516.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Open, Deck
  • Pre Direction: E
  • Prospect Exempt: Yes
  • Rental Income Gross Rental Income: 150000.00
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: None Known
  • Sq Ft Heated: 2685.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: E. Long Beach
  • Tax Identifier: 249cb019
  • Tax Year: 2020
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 4571.59
  • Total Heated Primary Separate Sq Ft: 2685.00
  • Water Heater: Propane, Tankless
  • Waterview: Yes
  • Year Built: 2018
  • Zoning: R-7
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination, Kitchen
  • Flooring: LVT/LVP
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Solid Surface, Elevator, Furnished, Ceiling Fan(s)
  • Laundry Location: Hall
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 7

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower
  • Exterior Finish: Fiber Cement, Vinyl Siding
  • Exterior Structures: Shower
  • On Site Pool Spa: See Remarks
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Heated Sq Ft: 2600 - 2799
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Apr 12, 2021
Sold by
Bagaasen Byron and Bagaasen Kim
Bought by
Endejann Merrick and Endejann Melissa
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Hank Troscianiec & Associates
Atlantic Realty Professionals, Inc
List Price
$1,599,900
Sold Price
$1,605,000
Premium/Discount to List
$5,100
0.32%
Current Estimated Value
$2,099,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,773
Avg. Annual Appreciation
5.86%
Original Mortgage
$1,203,750
Outstanding Balance
$1,087,710
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,012,063

Purchase Details

Closed on
Mar 20, 2019
Sold by
Bagaasen Bryon and Bagaasen Kim
Bought by
Bagaasen Byron and Bagaasen Kim
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Endejann Merrick $1,605,000 None Available
Bagaasen Byron -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Endejann Merrick $1,203,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2021 04/22/21 Sold $1,605,000 +0.3% $598 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $1,599,900 0.0% $596 / Sq Ft
03/06/2021 03/06/21 Price Changed $1,599,900 +3.2% $596 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $1,549,900 +376.9% $577 / Sq Ft
05/08/2018 05/08/18 Sold $325,000 -7.1% -- View Prior Sale
03/16/2018 03/16/18 Pending -- -- --
08/09/2017 08/09/17 For Sale $350,000 -- --
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 $6,012 $1,428,170 $575,000 $853,170
2024 $60 $1,428,170 $575,000 $853,170
2023 $4,682 $1,428,170 $575,000 $853,170
2022 $4,682 $823,160 $260,000 $563,160
2021 $4,622 $823,160 $260,000 $563,160
2020 $4,572 $823,160 $260,000 $563,160
2019 $2,876 $260,000 $260,000 $0
2018 $118 $20,000 $20,000 $0
2017 $118 $20,000 $20,000 $0
2016 $115 $20,000 $20,000 $0
2015 $115 $20,000 $20,000 $0
2014 $131 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100257721

Hive MLS

APN: 249CB019