$1,200,000
SOLD JUN 17, 2025

407 Ocean Dr Oak Island, NC 28465

3 Beds
2 Baths
1,200 Sq Ft
9,031 Sq Ft Lot

Recently Sold

$1,000 Per Sq Ft

4% Below List Price

3 Days on Market

Highlights

  • Ocean Side of Freeway
  • Waterfront
  • Furnished
  • Southport Elementary School Rated 9+
  • Deck
  • No HOA

About This Home

As of June 2025

Located in the desirable Yaupon Beach Section of Oak Island this home provides an extensive lot and above average dune protection. Every detail of his property has been upgraded with great attention to detail. Featuring Knotty Alder tongue and groove interior walls, Pergo TimberCraft floors, premium granite countertops, Fulgor Milano appliances and Anderson Windows. The overall attention to detail from the studs to the doors have created a warm inviting atmosphere that compliments the homes natural surroundings. Enjoy a sunrise from the deck, entertain in the luxurious kitchen or take a stroll in your ocean front backyard. This home is your chance to own a slice of paradise with enduring value.

Last Agent to Sell the Property

Doug Oldham

Margaret Rudd Assoc/O.I. License #218778 Listed on: 04/23/2025

Last Buyer's Agent

Beatty Pittman Real Estate Team LLC

Intracoastal Realty Corp License #C37146

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 9,031 Sq Ft Lot
  • Lot Dimensions are 96x94x107x97
  • Waterfront
  • Property is zoned R-9

Home Design

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

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Covered Parking
  • Gravel Driveway

Outdoor Features

  • Ocean Side of Freeway
  • Deck

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association
  • Yaupon Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250ff029

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Built-In Microwave, Range, Washer, Refrigerator, Dishwasher
  • List Priceper Sq Ft: 1041.67
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Interior Amenities: Furnished, Master Downstairs
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1200.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1200.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Oceanfront

Garage/Parking

  • Parking Driveway: Covered, Gravel

Utilities

  • Cooling System: Heat Pump
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No

Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick County Schools

Lot Info

  • Cobra Zone: No
  • Deed Page: 1317.00
  • Lot Acres: 0.21
  • Lot Dimensions: 96x94x107x97
  • Lot Sq Ft: 9031.00
  • Lot Water Features: Ocean Side
  • Zoning: R-9

Tax Info

  • Tax Identifier: 250ff029
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
Jun 11, 2025
Sold by
Bell Jon A and Bell Angela D
Bought by
Corbi Michael James and Corbi Jennifer
Seller's Agent
Doug Oldham
Margaret Rudd Assoc/O.I.
Buyer's Agent
Beatty Pittman Real Estate Team LLC
Intracoastal Realty Corp
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
15
Current Estimated Value
$1,200,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774
Avg. Annual Appreciation
-2.24%
Original Mortgage
$900,000
Outstanding Balance
$897,667
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$285,841

Purchase Details

Closed on
Jan 25, 2019
Sold by
Cook Ken and Cook Priscilla A
Bought by
Bell Jon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 1998
Bought by
Cook Ken
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $344,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2025 06/17/25 Sold $1,200,000 -4.0% $1,000 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $1,250,000 -- $1,042 / 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 $818 $816,320 $560,000 $256,320
2024 $33 $816,320 $560,000 $256,320
2023 $2,440 $816,320 $560,000 $256,320
2022 $0 $430,570 $320,000 $110,570
2021 $0 $430,570 $320,000 $110,570
2020 $2,385 $430,570 $320,000 $110,570
2019 $2,385 $320,000 $320,000 $0
2018 $1,457 $262,130 $165,000 $97,130
2017 $1,455 $165,000 $165,000 $0
2016 $1,443 $165,000 $165,000 $0
2015 $1,441 $262,130 $165,000 $97,130
2014 $1,659 $330,720 $250,000 $80,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100502987

Hive MLS

APN: 250FF029