NOT LISTED FOR SALE

4011 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,045,000 - $1,314,000

4 Beds
2 Baths
1,647 Sq Ft
$689/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $730,000 $443 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,235/month

8 Days on Market

Highlights

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

About This Home

As of July 2021

Oceanfront living in Oak Island! Stunning 4BR/2BA cottage centrally located along the east beach section of Oak Island invites you to enjoy sunrises, sunsets and everything in between. Enjoy vaulted ceilings, large ocean side decks done in 2018, both open and covered, a nice sized main living room and 2nd level loft area for some overflow space. The two oceanside bedrooms open directly onto decks! ''Exhale'' is being sold mostly furnished with some exclusions that are provided in attached list. Folks have been coming and staying in this home for years, making memories and planning to return the following season for more Summer Time fun! Rental Income for 2019 = 43,095 held strong, 2020 = 38,690 & 2021 is tracking $45,747 YTD and still booking. How does the next chapter of your book unfold? What memories are yet to be made? Come on and take a look.....

Last Agent to Sell the Property

Brooke Rudd-Gaglie

Margaret Rudd Assoc/O.I. Listed on: 05/06/2021

Last Buyer's Agent

Brenda Kelley-Meshaw

Wilmington Real Estate Options LLC License #202003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,819

Year Built

  • Built in 1982

Lot Details

  • 7,500 Sq Ft Lot
  • Ocean Front
  • Dunes
  • Property is zoned OK-r7

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,647 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 249dg01904

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,819

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 1982
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • List Price per Sq Ft: 440.19
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1647.00
  • Total Heated Primary Separate Sq Ft: 1647.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Open, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 555.00
  • Lot Acres: 0.17
  • Lot Description: Dunes
  • Lot Dimensions: 50x150x50x150 per brunsco not survey
  • Lot Sq Ft: 7500.00
  • Zoning: OK-r7
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 249dg01904
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2818.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 29, 2021
Sold by
Materi Glen A and Goldson Darrell
Bought by
Kiell Adam Alexander and Kiell Eleanor Pitz
Seller's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
Buyer's Agent
Brenda Kelley-Meshaw
Wilmington Real Estate Options LLC
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Current Estimated Value
$1,135,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,419
Avg. Annual Appreciation
10.29%
Original Mortgage
$547,500
Outstanding Balance
$496,771
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$638,648

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 19, 2017
Sold by
Klick Harold and Klick Mariellen
Bought by
Materi Glen A
Seller's Agent
Janet Nutley
Realty Executives Coastal
Buyer's Agent
Joann McDermon
Treasure Realty Inc
List Price
$479,900
Sold Price
$468,500
Premium/Discount to List
-$11,400
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$198,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2004
Bought by
Klick Harold
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
Kiell Adam Alexander $730,000 None Available
Materi Glen A $468,500 None Available
Klick Harold $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiell Adam Alexander $547,500
Previous Owner Materi Glen A $198,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2021 07/01/21 Sold $730,000 +0.7% $443 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $725,000 +54.7% $440 / Sq Ft
12/21/2017 12/21/17 Sold $468,500 -2.4% $304 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $479,900 -- $311 / 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 $3,644 $885,420 $560,000 $325,420
2024 $3,644 $885,420 $560,000 $325,420
2023 $2,887 $878,450 $560,000 $318,450
2022 $2,887 $502,890 $245,000 $257,890
2021 $2,844 $502,890 $245,000 $257,890
2020 $2,819 $502,890 $245,000 $257,890
2019 $2,765 $247,420 $245,000 $2,420
2018 $1,999 $226,230 $225,000 $1,230
2017 $2,024 $226,230 $225,000 $1,230
2016 $2,009 $226,230 $225,000 $1,230
2015 $1,974 $357,040 $225,000 $132,040
2014 $1,836 $354,561 $250,000 $104,561
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100269931

Hive MLS

APN: 249DG01904