NOT LISTED FOR SALE

4925 E Beach Dr Oak Island, NC 28465

Estimated Value: $906,000 - $1,088,000

3 Beds
2 Baths
1,100 Sq Ft
$881/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $489,900 $445 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,328/month

26 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Deck
  • Southport Elementary School Rated 9+
  • Fitness Center
  • Vaulted Ceiling

About This Home

As of November 2019

Great oceanfront money maker! This adorable furnished, turn-key cottage brings in over 40K a year! Knotty pine through out the home gives a nostalgic beach days feel. Modern kitchen and appliances make it convenient. Perfect location within walking distance to restaurants, shops and Oak Island recreation facilities. The best part is your beautiful, unobstructed oceanfront view from your covered front porch! New roof 2019, new HVAC 2018! Current survey indicates large rebuildable footprint!

Last Agent to Sell the Property

Sheri Dickson

RE/MAX at the Beach / Oak Island License #189391 Listed on: 08/30/2019

Last Buyer's Agent

Karen Wirzulis

Margaret Rudd Assoc/O.I. License #308622

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1968

Lot Details

  • 7,575 Sq Ft Lot
  • Ocean Front
  • Property is zoned OK-R-&

Home Design

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

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Unpaved Parking

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 249df003

Community Details

Overview

  • No Home Owners Association
  • Long Beach Subdivision

Amenities

  • Picnic Area

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,059

Year Built

Built in 1968

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: 1968
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Vinyl, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling - Vaulted, Furnished, Smoke Detectors
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 445.36
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1100.00
  • Total Heated Primary Separate Sq Ft: 1100.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Picnic Area, Trail(s), Tennis Court(s), Playground, Fitness Center, Golf Course

Lot Info

  • Deed Page: 593.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50xdepth
  • Lot Number: 13
  • Lot Sq Ft: 7575.00
  • Zoning: OK-R-&

Rental Info

  • Rental Income Gross Rental Income: 41000.00
  • Annual Gross Rental Income Collected: 2018

Tax Info

  • Tax Identifier: 249df003
  • Tax Year: 2018

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 31, 2019
Sold by
Next Home Management Llc
Bought by
Schneider Lori A and Schneider Carl F
Seller's Agent
Sheri Dickson
RE/MAX at the Beach / Oak Island
Buyer's Agent
Karen Wirzulis
Margaret Rudd Assoc/O.I.
List Price
$489,900
Sold Price
$489,900
Current Estimated Value
$969,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,326
Avg. Annual Appreciation
12.04%
Original Mortgage
$416,415
Outstanding Balance
$367,065
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$602,161

Purchase Details

Listed on
Apr 11, 2015
Closed on
Oct 19, 2015
Sold by
Fontana Gabriel J and Fontana John A
Bought by
Next Home Management Llc
Seller's Agent
Brendan Gordon
Coastal Development & Realty Oak Island
Buyer's Agent
Sheri Dickson
RE/MAX at the Beach / Oak Island
List Price
$325,000
Sold Price
$303,500
Premium/Discount to List
-$21,500
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
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
Schneider Lori A $490,000 None Available
Next Home Management Llc $303,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Lori A $416,415
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2019 11/01/19 Sold $489,900 0.0% $445 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $489,900 +61.4% $445 / Sq Ft
10/23/2015 10/23/15 Sold $303,500 -6.6% $276 / Sq Ft View Prior Sale
09/25/2015 09/25/15 Pending -- -- --
04/11/2015 04/11/15 For Sale $325,000 -- $295 / 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 $3,059 $738,610 $560,000 $178,610
2024 $3,059 $738,610 $560,000 $178,610
2023 $2,132 $738,610 $560,000 $178,610
2022 $2,132 $363,850 $245,000 $118,850
2021 $2,102 $363,850 $245,000 $118,850
2020 $2,073 $363,850 $245,000 $118,850
2019 $2,066 $245,000 $245,000 $0
2018 $1,827 $319,110 $225,000 $94,110
2017 $1,825 $225,000 $225,000 $0
2016 $1,800 $225,000 $225,000 $0
2015 $1,790 $319,110 $225,000 $94,110
2014 $1,677 $324,150 $250,000 $74,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100182635

Hive MLS

APN: 249DF003