NOT LISTED FOR SALE

5008 E Oak Island Dr Unit 4 Oak Island, NC 28465

Estimated Value: $392,335

3 Beds
3 Baths
1,524 Sq Ft
$21/mo HOA Fee

Last Sold June 30, 2022

Last sale price $337,500 $221 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,330/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Furnished
  • Balcony
  • End Unit
  • Covered patio or porch
  • 5-minute walk to Oak Island Park

About This Home

As of June 2022

Great central location to shopping, restaurants, parks, and only 3 blocks to beach access. This end unit has open floor plan of kitchen, dining and living which opens to covered deck/balcony where you can sit outside and enjoy ocean breezes. Master bedroom is on main level with 2 bedrooms upstairs. Low HOA dues include wind & hail and flood insurance. Roof replaced in 2019 and new heat pump only 8 months old. Unit comes furnished and would make ideal full-time home, 2nd home, or long-term rental investment property. These condo units are mixed use with businesses on ground level and residential living above.

Last Agent to Sell the Property

Gina McNeil

Carolina Exclusives License #218970 Listed on: 05/24/2022

Last Buyer's Agent

London Scialdone

Lynda Haraway Group-OKI

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 2005

Lot Details

  • 436

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,524 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Lighted Parking
  • Shared Driveway
  • On-Site Parking

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • End Unit
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 235mn01108

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Maintained Community

Security

  • Security Lighting
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,166

Year Built

Built in 2005

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 2nd Floor Unit, End Unit, 3 Story or More
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling Fan(s), Furnished, Walk-In Closet, Smoke Detectors, Kitchen Island
  • Laundry Location: Closet
  • List Price per Sq Ft: 222.44
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 4
  • Sq Ft Heated: 1524.00
  • Total Heated Primary Separate Sq Ft: 1524.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved
  • Roof: Composition, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Asphalt, Lighted, Shared, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Roof, Taxes, Street Lights, Maint - Comm Areas, Master Insure, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 250.00

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 311.00
  • Plat Book: Condominium Book 10
  • Plat Page: Page 267
  • Zoning: OK-CB

Tax Info

  • Tax Identifier: 235mn01108
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 1041.44
  • Total Real Estate Property Taxes: 2165.80

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 23, 2022
Sold by
Davidson James M and Davidson Sheila A
Bought by
Rainey Angela H and Rainey Martin G
Seller's Agent
Gina McNeil
Carolina Exclusives
Buyer's Agent
London Scialdone
Lynda Haraway Group-OKI
List Price
$339,000
Sold Price
$337,500
Premium/Discount to List
-$1,500
-0.44%
Total Days on Market
7
Current Estimated Value
$392,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,835
Avg. Annual Appreciation
5.13%

Purchase Details

Listed on
Jul 22, 2013
Closed on
Nov 12, 2013
Sold by
First Troy Spe Llc
Bought by
Davidson James M and Davidson Sheila A
Seller's Agent
Robbie Robinson
Intracoastal Realty Corp
Buyer's Agent
A Non Member
A Non Member
List Price
$150,000
Sold Price
$130,400
Premium/Discount to List
-$19,600
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Jan 18, 2011
Sold by
Mcneill William and Mcneill Marqueen
Bought by
First Troy Spe Llc
Source: Public Records

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Range of Values:

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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
Rainey Angela H $338,000 Bachara Mark
Davidson James M $130,500 None Available
First Troy Spe Llc $153,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewett Keishonna L $73,000
Previous Owner Mcneill William R $186,000
Previous Owner Mcneill William A $183,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $337,500 -0.4% $221 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $339,000 +160.0% $222 / Sq Ft
11/14/2013 11/14/13 Sold $130,400 -13.1% $86 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $150,000 -- $98 / 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
2024 $1,579 $308,760 $0 $308,760
2023 $1,184 $308,760 $0 $308,760
2022 $1,184 $157,020 $0 $157,020
2021 $0 $157,020 $0 $157,020
2020 $1,074 $157,020 $0 $157,020
2019 $1,074 $2,320 $0 $2,320
2018 $966 $2,430 $0 $2,430
2017 $966 $2,430 $0 $2,430
2016 $941 $2,430 $0 $2,430
2015 $941 $160,100 $0 $160,100
2014 $989 $184,173 $0 $184,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100329839

Hive MLS

APN: 235MN01108