NOT LISTED FOR SALE

429 Caswell Beach Rd Oak Island, NC 28465

Estimated Value: $1,478,000 - $1,974,000

4 Beds
3 Baths
1,829 Sq Ft
$919/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $1,395,000 $763 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,875/month

3 Days on Market

Highlights

  • Ocean Front
  • 0.34 Acre Lot
  • No HOA
  • Ocean Side of Freeway
  • Deck
  • Porch

About This Home

As of March 2024

Here is your chance to own a slice of paradise in Caswell Beach! This ocean front property is 75' wide by 196' deep. You have amazing panoramic views of the ocean and will enjoy watching sunrises & sunsets from your back porch as well as watching the ships come and go into the Cape Fear River. The home was built in the early 70's and has that classic beach cottage feel. It has been a full time residence for many years. There is potential to renovate the home and make it your own, or some buyers may elect to tear the home down and build a new, larger modern beach house. The options are endless with this property. Having a home on Caswell Beach Road has its perks...such as enjoying one of the prettiest drives possible each and every time you leave your home. There is significantly less traffic than many other roads on the island. Oak Island continues to thrive and is one of the more popular beach towns on the east coast. There are multiple restaurants and grocery stores on the island for your day to day needs. This home is close to the golf course and also close to the Barbee bridge, giving you quick access off the island if you want to go enjoy a day in Southport or need to go to Wilmington.

Last Agent to Sell the Property

Seth Barbee

The Saltwater Agency License #280250 Listed on: 01/17/2024

Last Buyer's Agent

Brian Inskip

eXp Realty License #321969

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,782

Year Built

  • Built in 1973

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x196x75x196
  • Ocean Front

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,829 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 251jb020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,782

Year Built

Built in 1973

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: Two
  • Year Built: 1973
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 9Ft+ Ceilings
  • List Price per Sq Ft: 697.10
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1829.00
  • Total Heated Primary Separate Sq Ft: 1829.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 304.00
  • Lot Acres: 0.34
  • Lot Dimensions: 75x196x75x196
  • Lot Sq Ft: 14636.00
  • Lot Water Features: Ocean Side
  • Plat Book: 8
  • Plat Page: 96
  • Zoning: Res
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 251jb020
  • Tax Year: 2024

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
Jan 17, 2024
Closed on
Feb 29, 2024
Sold by
Barwick Leah G
Bought by
Derr Ilaria and Wood Stephen Randall
Seller's Agent
Seth Barbee
The Saltwater Agency
Buyer's Agent
Brian Inskip
eXp Realty
List Price
$1,275,000
Sold Price
$1,395,000
Premium/Discount to List
$120,000
9.41%
Views
27
Current Estimated Value
$1,681,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,420
Avg. Annual Appreciation
13.16%
Original Mortgage
$976,500
Outstanding Balance
$967,117
Interest Rate
9.13%
Mortgage Type
New Conventional
Estimated Equity
$714,303

Purchase Details

Closed on
Sep 30, 2005
Sold by
Town & Country Developers At Wilmington
Bought by
White Nancy Miller

Purchase Details

Closed on
Sep 15, 2005
Sold by
White Nancy M
Bought by
Barwick Leah G and Barwick Karen Leah
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
Derr Ilaria $1,395,000 None Listed On Document
White Nancy Miller $300,500 None Available
Barwick Leah G $965,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derr Ilaria $976,500
Previous Owner White Nancy M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $1,395,000 +9.4% $763 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $1,275,000 -- $697 / 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 $8,782 $1,500,270 $1,200,000 $300,270
2024 $8,782 $1,500,270 $1,200,000 $300,270
2023 $6,312 $1,500,270 $1,200,000 $300,270
2022 $6,312 $750,020 $550,000 $200,020
2021 $6,181 $750,020 $550,000 $200,020
2020 $5,946 $750,020 $550,000 $200,020
2019 $5,941 $564,280 $550,000 $14,280
2018 $5,325 $506,530 $500,000 $6,530
2017 $5,325 $506,530 $500,000 $6,530
2016 $5,164 $506,530 $500,000 $6,530
2015 $5,164 $671,540 $500,000 $171,540
2014 $5,934 $887,608 $750,000 $137,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100422640

Hive MLS

APN: 251JB020