NOT LISTED FOR SALE

3523 E Beach Dr Oak Island, NC 28465

Estimated Value: $866,940 - $1,404,000

4 Beds
1.5 Baths
1,801 Sq Ft
$590/Sq Ft Est. Value

Last Sold June 11, 2012

Last sale price $340,000 $189 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $5,559/month

53 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • Porch

About This Home

As of June 2012

Oceanfront.Robust Rental From OIA nets owners $28,420 last year. Taxes, insurance and utilities are $12,172 per year. Based on income/expense ratio for 2011, owner will realize an estimated net,net income of $16,248 per year. Home Equity loan on your current home? Perhaps an underperforming portfolio? This is not only a beach getaway for you, it is a positive income producing investment. Now that you know that the numbers work, here's some great news. It is in spectacular shape and has just been renovated with work on the interior and exterior spaces. The photos tell the story of the attention to detail to make this a beautiful home. Beach access is directly down your back steps. An amazing large screened porch overlooking the ocean. Fully furnished. Home Warranty covers new owne

Last Agent to Sell the Property

Allyn Heck

Three Rivers Realty of Brunswick County, LLC License #225557 Listed on: 04/09/2012

Last Buyer's Agent

Ann Hall

Realty World Cape Fear

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 51x199x49x200
  • Ocean Front

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,801 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Dining Room
  • Ocean Views

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 12
  • Assessor Parcel Number 206507592874

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer
  • Auction: No
  • Construction Type: Stick Built
  • Deed Page: 724.00
  • Directions To Property: Oak Island Drive. Turn left at the first ocean. Drive west to 3523 East Beach. It will be on the oceanside.
  • Document Count: 1
  • Foundation: Pilings
  • Green Bldg Features: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 20663868
  • List Priceper Sq Ft: 208.22
  • Location Type: Island
  • Lot Dimensions: 51X199X49X200
  • Lot Number: 12
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Porch, Screened
  • Pre Direction: E
  • Road Type Frontage: Paved
  • School District: Brunswick
  • Sign On Property: Yes
  • Sq Ft Heated: 1801.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Tax Identifier: 206507592874
  • Terms: Cash, VA Loan, Conventional
  • Total Heated Primary Separate Sq Ft: 1801.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1978
  • Zoning: Single Family
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Home Warranty Termite: Home Warranty/Seller
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Furnished, Ceiling Fan(s), Blinds/Shades
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 4

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Roof: Shingle
  • Waterfront: Yes

Utilities

  • Heated Sq Ft: 1800 - 1999
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
May 17, 2012
Sold by
Johnson Ronald N and Johnson Amber
Bought by
Falco Bartolomeo E and Falco Elena
Seller's Agent
Allyn Heck
Three Rivers Realty of Brunswick County, LLC
Buyer's Agent
Ann Hall
Realty World Cape Fear
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Current Estimated Value
$1,062,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$722,485
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Shurman Daniel A
Bought by
Johnson Ronald N and Pollard Jennifer K

Purchase Details

Closed on
Apr 6, 2006
Sold by
Johnson Bonnie Mcdaniel and Shurman Daniel A
Bought by
Johnson Ronald N and Pollard Jennifer K
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
Falco Bartolomeo E $340,000 None Available
Johnson Ronald N -- None Available
Johnson Ronald N -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2012 06/11/12 Sold $340,000 -9.3% $189 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $375,000 -- $208 / 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 -- $887,870 $575,000 $312,870
2024 $37 $887,870 $575,000 $312,870
2023 $2,595 $887,870 $575,000 $312,870
2022 $0 $450,500 $260,000 $190,500
2021 $0 $450,500 $260,000 $190,500
2020 $1,906 $450,500 $260,000 $190,500
2019 $2,540 $260,000 $260,000 $0
2018 $1,931 $335,900 $175,000 $160,900
2017 $1,931 $175,000 $175,000 $0
2016 $1,906 $175,000 $175,000 $0
2015 $1,906 $335,900 $175,000 $160,900
2014 $1,856 $358,470 $250,000 $108,470
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Allyn Heck

    Three Rivers Realty of Brunswick County, LLC

    Section Image

  • A

    Buyer's Agent in 2012

    Ann Hall

    Realty World Cape Fear

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Map

Source: Hive MLS

MLS Number: 20663868

Hive MLS

APN: 249CB01601

North Carolina Brunswick County Oak Island 28465

3523 E Beach Dr, Oak Island, NC

Not Listed for Sale

Detached

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