NOT LISTED FOR SALE

409 Mercer St Oak Island, NC 28465

Estimated Value: $399,420 - $492,000

2 Beds
1 Bath
1,000 Sq Ft
$429/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $360,000 $360 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,385/month

12 Days on Market

Highlights

  • Vaulted Ceiling
  • Furnished
  • Pickleball Courts
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of May 2023

Fully Furnished, beautifully decorated all brick one story home with 2 bedrooms and 1 full bath. All furnishings are less than 3 years old. Large living room open to eat in kitchen. Enjoy the rocking chairs and large dining table on the spacious screened in porch. Great location! A 10 minute walk to the beach and close to restaurants and shopping. Come and see Summer Breeze!Gross rent for 2021 13,517 and 2022 was 15,032. Sellers only rented the house during the summer season(Memorial day to Labor day in 2021. They had 1 off season rental for 2 months in 2022.

Last Agent to Sell the Property

DJ Valeri

Fathom Realty NC LLC License #244565 Listed on: 04/02/2023

Fathom Realty NC LLC

Last Buyer's Agent

Jon Langley

Southport Oak Island Realty Group, Inc. License #317582

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 1969

Lot Details

  • 1,000 Sq Ft Lot
  • Lot Dimensions are 60x144

Home Design

  • Reverse Style Home
  • Brick Exterior Construction
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Stove
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Screened Patio
  • Shed
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 250ch010

Community Details

Overview

  • No Home Owners Association
  • Yaupon Beach Subdivision

Recreation

  • Pickleball Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$868

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1969
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Ceiling - Vaulted, Ceiling Fan(s), Furnished, Gas Logs, Kitchen Island, Reverse Floor Plan, Smoke Detectors
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 398.90
  • Master Bedroom Level: N/A
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Number Rooms: 3
  • Sq Ft Heated: 1000.00
  • Total Heated Primary Separate Sq Ft: 1000.00
  • Furnished: Furnished

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Brick
  • Exterior Structures: Shed(s)
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Concrete, On Site

Utilities

  • Appliances Equipment: Dryer, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Gas Pack
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Sewer Available, Municipal Water, Municipal Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Pickleball, Trash

Lot Info

  • Deed Book: 04471
  • Deed Page: 637.00
  • Lot Acres: 0.20
  • Lot Dimensions: 60x144
  • Lot Number: 15
  • Lot Sq Ft: 1000.00
  • Plat Page: R
  • Zoning: X

Tax Info

  • Tax Identifier: 250ch010
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 867.68

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 4, 2023
Sold by
Matera Robert William and Matera Christina Lynn
Bought by
Indence Thomas Patrick and Indence Amy
Seller's Agent
DJ Valeri
Fathom Realty NC LLC
Buyer's Agent
Jon Langley
Southport Oak Island Realty Group, Inc.
List Price
$398,900
Sold Price
$360,000
Premium/Discount to List
-$38,900
-9.75%
Current Estimated Value
$428,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,855
Avg. Annual Appreciation
7.73%
Original Mortgage
$260,000
Outstanding Balance
$254,475
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$174,381

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 21, 2020
Sold by
Shelton Brenda Lynn
Bought by
Matera Robert William and Matera Christina Lynn
Seller's Agent
Gladys Smith
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Ceilidh Creech
Southern Realty Advantage LLC
List Price
$195,000
Sold Price
$208,000
Premium/Discount to List
$13,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.90%
Original Mortgage
$187,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1997
Bought by
Shelton Brenda Lynn
Source: Public Records

Range of Values:

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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
Indence Thomas Patrick $359,000 None Listed On Document
Matera Robert William $208,000 None Available
Shelton Brenda Lynn $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Indence Thomas Patrick $260,000
Previous Owner Matera Robert William $187,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2023 05/22/23 Sold $360,000 -9.8% $360 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $398,900 +91.8% $399 / Sq Ft
10/28/2020 10/28/20 Sold $208,000 +6.7% $208 / Sq Ft View Prior Sale
09/16/2020 09/16/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $195,000 -- $195 / 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 $1,219 $292,970 $130,000 $162,970
2024 $1,219 $292,970 $130,000 $162,970
2023 $868 $292,970 $130,000 $162,970
2022 $840 $148,130 $65,000 $83,130
2021 $853 $148,130 $65,000 $83,130
2020 $840 $148,130 $65,000 $83,130
2019 $840 $67,740 $65,000 $2,740
2018 $773 $42,790 $40,000 $2,790
2017 $773 $42,790 $40,000 $2,790
2016 $760 $42,790 $40,000 $2,790
2015 $760 $135,260 $40,000 $95,260
2014 $780 $151,350 $75,000 $76,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100377051

Hive MLS

APN: 250CH010