NOT LISTED FOR SALE

4001 E Beach Dr Oak Island, NC 28465

Estimated Value: $884,000 - $976,000

3 Beds
2 Baths
1,050 Sq Ft
$877/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $505,000 $481 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,124/month

300 Days on Market

Highlights

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

About This Home

As of January 2021

This adorable 3 bedroom oceanfront beach cottage with its breathtaking views can be your future family vacation home or income generating investment. There's a very convenient open floor plan which allows guests and family to visit, dine and mingle. Fully furnished and priced to sell, you'll appreciate the large rebuildable footprint that this property has to offer. The central location couldn't be better...so close to the shops, restaurants, tennis, park and the new Publix!You could be grilling on your deck and watching the waves roll in on the shore and experiencing the spectacular Oak Island sunsets! There's nothing like living at the white sandy beach...you'll love this place!

Last Agent to Sell the Property

Robert Carroll

RE/MAX Southern Coast License #262808 Listed on: 03/06/2020

RE/MAX Southern Coast

Co-Listed By

Donna Findlay

RE/MAX Southern Coast License #219274

Last Buyer's Agent

Sue Singleton

Carolina Coast Homes Real Estate LLC License #316428

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 7,750 Sq Ft Lot
  • Lot Dimensions are 50x155
  • Ocean Front

Home Design

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

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Unpaved Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 249dg020

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • List Priceper Sq Ft: 494.29
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 1960
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Interior Amenities: Furnished
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1050.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1050.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1000 - 1199
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Lot Info

  • Cobra Zone: No
  • Deed Page: 756.00
  • Lot Acres: 0.18
  • Lot Dimensions: 50x155
  • Lot Number: 1
  • Lot Sq Ft: 7750.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 249dg020
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jan 25, 2021
Sold by
Buroker Brian M and Buroker Monica L
Bought by
Freuler Anna Katherine
Seller's Agent
Robert Carroll
RE/MAX Southern Coast
Buyer's Agent
Sue Singleton
Carolina Coast Homes Real Estate LLC
List Price
$519,000
Sold Price
$505,000
Premium/Discount to List
-$14,000
-2.7%
Current Estimated Value
$937,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,888
Avg. Annual Appreciation
12.59%
Original Mortgage
$454,500
Outstanding Balance
$402,847
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$518,469

Purchase Details

Closed on
Sep 26, 2007
Sold by
Oak Island Investment Group Llc
Bought by
Buroker Brian M

Purchase Details

Closed on
Jul 22, 2006
Sold by
Buroker Brian M and Buroker Monica L
Bought by
Oak Island Investment Group Llc

Purchase Details

Closed on
May 18, 2006
Sold by
Gagliardi Diane A
Bought by
Buroker Brian M and Buroker Monica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 3, 2006
Sold by
Scruggs Jenine and Vess June
Bought by
Gagliardi Diane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Hawkins Ryan and Hawkins Laura
Bought by
Scruggs Jenine and Vess June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.54%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Freuler Anna Katherine $505,000 None Available
Buroker Brian M -- None Available
Oak Island Investment Group Llc -- None Available
Buroker Brian M $635,000 None Available
Gagliardi Diane A $475,000 None Available
Scruggs Jenine $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freuler Anna Katherine $454,500
Previous Owner Buroker Brian M $71,500
Previous Owner Gagliardi Diane A $380,000
Previous Owner Scruggs Jenine $360,000
Previous Owner Scruggs Jenine $360,000
Previous Owner Scruggs Jenine $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $505,000 -2.7% $481 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/27/2020 12/27/20 For Sale $519,000 +2.8% $494 / Sq Ft
12/26/2020 12/26/20 Off Market $505,000 -- --
11/30/2020 11/30/20 For Sale $519,000 +2.8% $494 / Sq Ft
11/28/2020 11/28/20 Off Market $505,000 -- --
03/06/2020 03/06/20 For Sale $449,000 -- $428 / Sq Ft
Source: Hive MLS

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 $3,048 $745,550 $560,000 $185,550
2024 $30 $745,550 $560,000 $185,550
2023 $2,195 $745,550 $560,000 $185,550
2022 $2,195 $383,850 $245,000 $138,850
2021 $2,205 $383,850 $245,000 $138,850
2020 $2,177 $383,850 $245,000 $138,850
2019 $2,177 $245,000 $245,000 $0
2018 $1,909 $333,850 $225,000 $108,850
2017 $1,906 $225,000 $225,000 $0
2016 $1,881 $225,000 $225,000 $0
2015 $1,853 $333,850 $225,000 $108,850
2014 $1,721 $335,920 $250,000 $85,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100207916

Hive MLS

APN: 249DG020

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