NOT LISTED FOR SALE

423 Caswell Beach Rd Oak Island, NC 28465

Estimated Value: $1,560,493 - $1,857,000

4 Beds
2 Baths
2,030 Sq Ft
$840/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $614,500 $303 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $9,806/month

102 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Laundry Room

About This Home

As of July 2016

''Lien II'' is a true Caswell Beach Oceanfront find situated on a 70' wide lot. Owners replaced the roof in 2014. 4BR/2BA upstairs along with large living room, laundry room and dinning area. Lower level has additional storage space, bonus living area and ample parking. Enjoy sitting on your open ocean-side deck or on the covered front porch with views of Southport, the ICW and the Cape Fear River. 423 Caswell Beach road has an established rental history for investors who would like to enjoy the best of both worlds.

Last Agent to Sell the Property

Brooke Rudd-Gaglie

Margaret Rudd Assoc/O.I. License #207711 Listed on: 02/26/2016

Last Buyer's Agent

Kirk Singer

Margaret Rudd Assoc/O.I. License #279717

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,126

Year Built

  • Built in 1979

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 70x194x70x194
  • Property fronts a marsh
  • Ocean Front
  • Dunes
  • Property is zoned CB-R12-SF

Property Views

  • Ocean
  • Intracoastal
  • River

Home Design

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

Interior Spaces

  • 2,030 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caswell Beach Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 251jb018

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,126

Year Built

Built in 1979

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
  • Year Built: 1979
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Wash/Dry Connect, Furnished, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 310.10
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Additional Living Spaces with Separate Entrance Description: lower level BR/BA
  • Sq Ft Heated: 2030.00
  • Total Heated Primary Separate Sq Ft: 2030.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Open, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • 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
  • Water Heater: Electric

Association/Amenities

  • HOA: No

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1036.00
  • Lot Acres: 0.31
  • Lot Description: Dunes
  • Lot Dimensions: 70x194x70x194
  • Lot Number: 12
  • Lot Sq Ft: 13504.00
  • Plat Book: 8
  • Plat Page: 96-96A
  • Zoning: CB-R12-SF
  • Lot View Type: ICW View, River View, Ocean View, Marsh View

Tax Info

  • Tax Identifier: 251jb018
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1513.00
  • Total Real Estate Property Taxes: 5126.00

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2018
Sold by
Lynch Douglas Kris and Lynch Family Trust
Bought by
Wanda S Wish Llc
Current Estimated Value
$1,705,623

Purchase Details

Listed on
Feb 26, 2016
Closed on
Jul 6, 2016
Sold by
Vent Frank and Smith Rebecca
Bought by
Lynch Douglas Kris and The Lynch Family Trust
Seller's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
Buyer's Agent
Kirk Singer
Margaret Rudd Assoc/O.I.
List Price
$645,000
Sold Price
$614,500
Premium/Discount to List
-$30,500
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$500,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 19, 2012
Closed on
May 16, 2012
Sold by
Jetton Roger A and Jetton Sandra S
Bought by
Vento Frank and Vento Rebecca
Seller's Agent
Susan Ayers
Clickit Realty
Buyer's Agent
Non Member
LandHub.com
List Price
$875,000
Sold Price
$756,000
Premium/Discount to List
-$119,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.88%
Original Mortgage
$556,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Wanda S Wish Llc -- None Available
Lynch Douglas Kris $614,500 None Available
Vento Frank $756,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanda S Wish Llc $434,303
Previous Owner Lynch Douglas Kris $500,000
Previous Owner Vento Frank $556,000
Previous Owner Jetton Roger A $359,650
Previous Owner Gerics Elisabeth M $53,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $614,500 -4.7% $303 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $645,000 -14.7% $318 / Sq Ft
05/23/2012 05/23/12 Sold $756,000 -13.6% $398 / Sq Ft
05/17/2012 05/17/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $875,000 -- $460 / 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 $8,632 $1,436,930 $1,200,000 $236,930
2024 $8,632 $1,436,930 $1,200,000 $236,930
2023 $6,215 $1,436,930 $1,200,000 $236,930
2022 $6,215 $720,150 $550,000 $170,150
2021 $6,020 $720,150 $550,000 $170,150
2020 $5,801 $720,150 $550,000 $170,150
2019 $5,776 $561,530 $550,000 $11,530
2018 $5,531 $507,540 $500,000 $7,540
2017 $5,532 $507,540 $500,000 $7,540
2016 $5,400 $507,540 $500,000 $7,540
2015 $5,326 $688,060 $500,000 $188,060
2014 $5,735 $841,643 $700,000 $141,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100003924

Hive MLS

APN: 251JB018