NOT LISTED FOR SALE

3725 E Beach Dr Oak Island, NC 28465

Estimated Value: $897,000 - $1,029,000

3 Beds
2 Baths
971 Sq Ft
$992/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $565,000 $582 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,279/month

172 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Vaulted Ceiling
  • Southport Elementary School Rated 9+
  • Deck
  • Wood Flooring

About This Home

As of March 2021

Over $40,000 rental income 2020! Fond summer beach memories thrive here at ''Turtle Sands'', and in the hearts of generations of Oak Island vacationers since the 1970s. Nestled oceanfront among protective dunes, this retro beach house sings of sunny days gone by when life was much simpler and a slower pace was cool. Original pine beam ceilings and pine walls, wood floors, open living/dining areas with ocean views, room for 4 cereal crunchers at the breakfast bar, light-drawing windows, 3 bedrooms, 2 full baths plus breeze loving covered porches and beach access on a sea oat sandy footpath. Fully furnished and an easy investment transition with a long-time popular vacation rental history. Updates throughout the years and storage underneath. Great location just an 8-minute stroll to Middleton Park for summer concerts and the new splash pad. Only 5 minutes to Pepperoni Grill. It's worth a visit. Race you to the beach.

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 07/25/2020

Last Buyer's Agent

Hank Troscianiec & Associates

Keller Williams Innovate-OKI

Keller Williams Innovate-OKI

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 8,002 Sq Ft Lot
  • Lot Dimensions are 52x157
  • Ocean Front

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 971 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 249cb003

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 305.00
  • Directions To Property: East Beach Dr to 3700 Block, close to Corner of SE 40th St.
  • Document Count: 5
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100228569
  • List Priceper Sq Ft: 594.95
  • Location Type: Island
  • Lot Acres: 0.18
  • Lot Dimensions: 52x157
  • Lot Number: 13
  • Lot Sq Ft: 8002.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck, Porch
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • School District: Brunswick
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 971.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Tax Identifier: 249cb003
  • Tax Year: 2019
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 971.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1968
  • Zoning: Residential
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Flooring: Vinyl, Wood
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition, See Remarks
  • Roof: Metal, See Remarks
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 800 - 999
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Feb 20, 2021
Sold by
Klug Darrell T and Klug Alice Y
Bought by
Mcgrane Owen L and Mcgrane Karen M
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
List Price
$569,000
Sold Price
$565,000
Premium/Discount to List
-$4,000
-0.7%
Current Estimated Value
$963,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,535
Avg. Annual Appreciation
11.63%
Original Mortgage
$452,000
Outstanding Balance
$404,264
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$559,271

Purchase Details

Closed on
Dec 1, 2003
Bought by
Klug Darrell T
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
Mcgrane Owen L $565,000 None Available
Klug Darrell T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrane Owen L $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $565,000 -2.2% $582 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $577,700 +1.5% $595 / Sq Ft
12/28/2020 12/28/20 For Sale $569,000 -1.1% $586 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $575,565 -- $593 / 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 $2,887 $729,700 $575,000 $154,700
2024 $29 $729,700 $575,000 $154,700
2023 $1,903 $729,700 $575,000 $154,700
2022 $1,903 $345,280 $260,000 $85,280
2021 $1,897 $345,280 $260,000 $85,280
2020 $1,884 $345,280 $260,000 $85,280
2019 $1,884 $260,000 $260,000 $0
2018 $1,379 $249,130 $175,000 $74,130
2017 $1,379 $175,000 $175,000 $0
2016 $1,367 $175,000 $175,000 $0
2015 $1,366 $249,130 $175,000 $74,130
2014 $1,515 $302,050 $250,000 $52,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100228569

Hive MLS

APN: 249CB003