NOT LISTED FOR SALE

4309 E Beach Dr Oak Island, NC 28465

Estimated Value: $900,649 - $1,000,000

3 Beds
2 Baths
1,404 Sq Ft
$671/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $794,000 $566 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,386/month

130 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Furnished
  • Ocean Side of Freeway
  • Wood Flooring
  • No HOA

About This Home

As of March 2023

Fabulous ocean front home here on Oak Island Lots of upgrades, beautiful landscaping, with a French drain, and new gravel driveway; Income is over $40,000 which is wonderful. Beautifully decorated in side with a big kitchen.. A great deck to sit and look at the ocean too.

Last Agent to Sell the Property

Libba Motsinger

RE/MAX at the Beach / Oak Island License #190726 Listed on: 10/05/2022

RE/MAX at the Beach / Oak Island

Last Buyer's Agent

Brendan Gordon

Coastal Development & Realty Oak Island License #264772

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1960

Lot Details

  • 1,404 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Interior Lot
  • Level Lot
  • Property is zoned R-7

Home Design

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

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Gravel Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Open Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Tank Leased
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 249dg006

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1960
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 1200 - 1399, 1400 - 1599
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet, Hookup - Dryer
  • List Price per Sq Ft: 567.66
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1404.00
  • Total Heated Primary Separate Sq Ft: 1404.00
  • Furnished: Furnished

Exterior Features

  • Exterior Features: Security Lighting, Storm Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Gravel, Off Street, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Ice Maker, Microwave - Built-In, Stove/Oven - Electric, Washer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Gas
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Book: 04389
  • Deed Page: 654.00
  • Lot Acres: 0.17
  • Lot Description: Interior Lot, Level
  • Lot Dimensions: 50 x 150
  • Lot Number: 5
  • Lot Sq Ft: 1404.00
  • Lot Water Features: Ocean Side, Waterfront Comm
  • Plat Book: 1
  • Plat Page: 96-99
  • Zoning: R-7

Tax Info

  • Tax Identifier: 249dg006
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2199.94

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • High School2: Early College
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Mar 1, 2023
Sold by
Pace Emily S
Bought by
Morales Michael Jean and Morales Elise Karaman
Seller's Agent
Libba Motsinger
RE/MAX at the Beach / Oak Island
Buyer's Agent
Brendan Gordon
Coastal Development & Realty Oak Island
List Price
$797,000
Sold Price
$794,000
Premium/Discount to List
-$3,000
-0.38%
Views
39
Current Estimated Value
$942,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,412
Avg. Annual Appreciation
7.24%
Original Mortgage
$595,500
Outstanding Balance
$577,345
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$365,067

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 2, 2020
Sold by
Krm Realty Llc
Bought by
Pace Emily S and Starcher Mary
Seller's Agent
Jean Harwell
Coastal Lights Realty
Buyer's Agent
Libba Motsinger
Lynda Haraway Group, Inc.
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%

Purchase Details

Closed on
Oct 24, 2018
Sold by
Mcdonough Kenneth O and Mcdonough Rachele R
Bought by
Krm Realty Llc

Purchase Details

Listed on
Jan 24, 2017
Closed on
May 15, 2017
Sold by
Buelow Glen W and Buelow Michelle E
Bought by
Mcdonough Kenneth O and Mcdonough Rachele R
Seller's Agent
Tricia Townsend
Wilkinson ERA Real Estate
Buyer's Agent
Andrew Ackerman
Wilkinson ERA Real Estate
List Price
$495,000
Sold Price
$405,000
Premium/Discount to List
-$90,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Jul 22, 2010
Sold by
Buelow Glen W and Buelow Michelle E
Bought by
Buelow Glen W and Buelow Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,690
Interest Rate
4.22%
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
Morales Michael Jean $794,000 --
Pace Emily S $525,000 None Available
Pace Emily S $525,000 None Available
Krm Realty Llc -- None Available
Mcdonough Kenneth O $405,000 None Available
Buelow Glen W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Michael Jean $595,500
Previous Owner Buelow Glen W $158,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $794,000 -0.4% $566 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $797,000 0.0% $568 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
12/31/2022 12/31/22 Price Changed $797,000 -14.3% $568 / Sq Ft
10/05/2022 10/05/22 For Sale $930,000 +77.1% $662 / Sq Ft
07/02/2020 07/02/20 Sold $525,000 -2.8% $473 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $540,000 +33.3% $486 / Sq Ft
05/15/2017 05/15/17 Sold $405,000 -18.2% $329 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $495,000 -- $402 / 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 $3,130 $767,130 $560,000 $207,130
2024 $3,130 $767,130 $560,000 $207,130
2023 $2,230 $767,130 $560,000 $207,130
2022 $0 $389,100 $245,000 $144,100
2021 $0 $389,100 $245,000 $144,100
2020 $2,168 $389,100 $245,000 $144,100
2019 $2,168 $245,440 $245,000 $440
2018 $1,909 $225,500 $225,000 $500
2017 $1,965 $225,000 $225,000 $0
2016 $1,940 $225,000 $225,000 $0
2015 $1,919 $340,720 $225,000 $115,720
2014 $1,780 $343,570 $250,000 $93,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100352705

Hive MLS

APN: 249DG006