NOT LISTED FOR SALE

3707 E Beach Dr Oak Island, NC 28465

Estimated Value: $2,142,000 - $2,360,577

7 Beds
5.5 Baths
3,000 Sq Ft
$743/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $1,961,650 $654 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,655/month

9 Days on Market

Highlights

  • Ocean Front
  • Above Ground Pool
  • Deck
  • Southport Elementary School Rated 9+
  • Ocean Side of Freeway
  • Vaulted Ceiling

About This Home

As of October 2021

This stunning NEW CONSTRUCTION RENTAL MACHINE. Similar homes nearby are producing $185,000 in gross rental income. This spectacular home features 7BR/5.5BA and it is what living in luxury and paradise is all about! Magnificently showcased, the home offers amenities such as, a large elevated in-deck swimming pool with heating capability overlooking endless panoramic ocean views. The pool decks is oversized with plenty of room for entertaining. You will not find many homes with such an ocean front deck. Also featured is 2 more additional ocean front covered porches off the bedroom levels. As you go up, you will see how magnificent the views are and how the sunsets appear out over the Atlantic ocean from a south facing beach. It will take your breath away. The elevator goes to all floors so there is easy access for all the groceries and luggage. The outside shower has hot and cold and ready to wash off all the beach sand before entering the home. The spacious gourmet kitchen offers stainless-steel appliances, 2 refrigerators, Gas Range, 2 ovens, large kitchen island with breakfast bar in an open concept floor plan also featuring the main living area and dining, again with amazing ocean views. An additional living area offers even more space for entertaining or can make a great separate hangout for the kids. Out of 7 spacious bedrooms, 5 are oceanfront, so you can comfortably fall asleep at night to the gentle sound of the waves rolling onto the shore, as well as relax in bed soaking in the amazing sunrise as you wake in the morning. Throughout the home you will notice granite countertops, custom tile showers, luxury plank flooring, a pirate themed kids room, and so much more! You must see this masterpiece for yourself to truly experience the luxurious lifestyle that awaits you here! There will be no ''tough choices'' to make once you get a glimpse of this sweet life, so make it yours today.

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 08/21/2021

Last Buyer's Agent

Wanda Adkins

Wilkinson ERA Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51 x 154
  • Ocean Front
  • Open Lot
  • Dunes
  • Property is zoned R7

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry in Hall

Kitchen

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

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-in Shower

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Entrance

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 249cb010

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Gas, See Remarks, Microwave - Built-In, Double Oven
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 153.00
  • Directions To Property: NC 211 to Middleton, Left on E Beach Drive, Home is on the Right
  • Document Count: 3
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Green Bldg Features: Tankless Water Heater
  • Handicap Accessible: Accessible Entrance, Elevator
  • H O A: No
  • H O Aand Neighborhood Amenities: Picnic Area, Trail(s), Tennis Court(s)
  • Listing I D: 100287274
  • List Priceper Sq Ft: 633.17
  • Location Type: Island
  • Lot Acres: 0.18
  • Lot Description: Dunes, Open
  • Lot Dimensions: 51 x 154
  • Lot Number: 4
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Porch, See Remarks, Open, Covered, Deck
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: possible sand assessment
  • Sq Ft Heated: 3000.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Subdivision: E. Long Beach
  • Tax Identifier: 249cb010
  • Tax Year: 2022
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 3000.00
  • Water Heater: Propane, Tankless
  • Waterview: Yes
  • Year Built: 2021
  • Zoning: R7
  • 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, Tile
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Walk-in Shower, Solid Surface, Pantry, Elevator, Furnished, Ceiling - Trey, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet, Hall
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • On Site Pool Spa: Above Ground, See Remarks
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Heated Sq Ft: 3000 - 3499
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Sep 30, 2021
Sold by
Mckimm Eric R and Mckimm Miranda M
Bought by
Peerless James and Peerless Courtney
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Wanda Adkins
Wilkinson ERA Real Estate
List Price
$1,899,500
Sold Price
$1,961,650
Premium/Discount to List
$62,150
3.27%
Current Estimated Value
$2,227,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,209
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Jan 29, 2021
Sold by
Rka Realty Llc
Bought by
Mckimm Eric R and Mckimm Miranda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2020
Closed on
Apr 3, 2020
Sold by
Flynn Mary Butler
Bought by
Rka Realty Llc
Seller's Agent
Team Saffo & Associates
Coldwell Banker Sea Coast Advantage-CB
Buyer's Agent
John Hamilton
Intracoastal Realty Corp
List Price
$355,000
Sold Price
$351,287
Premium/Discount to List
-$3,713
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peerless James $1,962,000 --
Mckimm Eric R -- Patriot Title Agency Inc
Rka Realty Llc $352,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckimm Eric R $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $1,961,650 +3.3% $654 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $1,899,500 +440.7% $633 / Sq Ft
04/07/2020 04/07/20 Sold $351,287 -1.0% -- View Prior Sale
02/18/2020 02/18/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $355,000 -- --
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 -- $1,545,300 $575,000 $970,300
2024 $65 $1,545,300 $575,000 $970,300
2023 $5,002 $1,545,300 $575,000 $970,300
2022 $0 $884,200 $260,000 $624,200
2021 $1,378 $260,000 $260,000 $0
2020 $1,378 $260,000 $260,000 $0
2019 $1,378 $260,000 $260,000 $0
2018 $931 $175,000 $175,000 $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

  • John Hamilton

    Seller's Agent in 2021

    John Hamilton

    Better Beach Sales & Rentals, Inc.

    (910) 278-1147

    199 in this area

    225 Total Sales

    John Hamilton
    Section Image

  • W

    Buyer's Agent in 2021

    Wanda Adkins

    Wilkinson ERA Real Estate

  • T

    Seller's Agent in 2020

    Team Saffo & Associates

    Coldwell Banker Sea Coast Advantage-CB

  • T

    Seller Co-Listing Agent in 2020

    Tony Brigman

    Coldwell Banker Sea Coast Advantage-CB

See All Agents

Map

Source: Hive MLS

MLS Number: 100287274

Hive MLS

APN: 249CB010

North Carolina Brunswick County Oak Island 28465

3707 E Beach Dr, Oak Island, NC

Not Listed for Sale

Detached

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