NOT LISTED FOR SALE

514 Caswell Beach Rd Oak Island, NC 28465

Estimated Value: $1,487,000 - $1,721,000

4 Beds
3.5 Baths
2,715 Sq Ft
$585/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $1,250,000 $460 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,298/month

56 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • Golf Course Community
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of August 2022

This one will WOW you with the views - from the moment you enter your eyes will immediately be drawn to the views of the Intracoastal Waterway, picturesque Southport, and Cape Fear. Watch the ocean-going cargo ships cruise by! Just imagine the fun watching the 4th of July fireworks from one of the large back decks or your screened porch. This second-row Caswell Beach home is coming to you fully furnished and ready for a new family to call home. The top floor features a large open kitchen with granite countertops, center island, and adjacent dining areas - with views of both the ocean and the ICW. A family room, powder room, and primary bedroom with attached bath complete this level. The middle level features an open concept living space with a small kitchenette area, three bedrooms, and two baths - perhaps this could be utilized as a separate guest space for added rental income. [LL1] On the lower level, you will find loads of storage for all your beach gear. There is elevator access to all three floors. Outside, two enclosed parking areas along with a huge workshop and covered patio area are the perfect place to put your grill. The large enough for a pool, fenced-in backyard, has a lovely stone patio and a built-in stone fire pit - again, don't forget those views!

Last Agent to Sell the Property

Laura Lefevre

Southport Realty, Inc. Listed on: 05/18/2022

Co-Listed By

Joe LeFevre

Southport Realty, Inc.

Last Buyer's Agent

Dani Colantuno

Margaret Rudd Assoc/O.I.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,747

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 74 x 158 x 74 x 161
  • Property fronts a marsh
  • Fenced Yard
  • Decorative Fence
  • Irrigation
  • Property is zoned CB-R8-SF

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal
  • Canal

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,715 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Shutters
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 251jb009

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground

Additional Features

  • No Home Owners Association
  • Restaurant
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,747

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Workshop, Wet Bar, Walk-In Closet, Walk-in Shower, Reverse Floor Plan, Elevator, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 506.45
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Sq Ft Heated: 2715.00
  • Total Heated Primary Separate Sq Ft: 2715.00

Exterior Features

  • Exterior Features: Irrigation System, Security Lighting, Shutters - Functional, Shutters - Board/Hurricane, Outdoor Shower
  • Exterior Finish: Composition
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Screened, Patio, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Paved, Off Street, On Site

Utilities

  • Appliances Equipment: Bar Refrigerator, Refrigerator, Washer, Wall Oven, Microwave - Built-In, Dryer, Dishwasher, Cooktop - Gas
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Fireplace(s), Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Golf Course, Playground, Tennis Court(s), Restaurant

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 493.00
  • Lot Acres: 0.27
  • Lot Dimensions: 74 x 158 x 74 x 161
  • Lot Sq Ft: 11840.00
  • Lot Water Features: Second Row
  • Plat Book: 8
  • Plat Page: 96-96A
  • Zoning: CB-R8-SF
  • Lot View Type: Canal View, ICW View, Water View, Sound View, Ocean View, Marsh View

Tax Info

  • Tax Identifier: 251jb009
  • Tax Year: 2021

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 25, 2022
Sold by
Mark Finkelstein
Bought by
Big Black Dog Llc
Seller's Agent
Laura Lefevre
Southport Realty, Inc.
Buyer's Agent
Dani Colantuno
Margaret Rudd Assoc/O.I.
List Price
$1,775,000
Sold Price
$1,250,000
Premium/Discount to List
-$525,000
-29.58%
Views
5
Current Estimated Value
$1,587,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,805
Avg. Annual Appreciation
9.41%

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 21, 2018
Sold by
Smother Benton Stacy and Smothers Rebecca Sugg
Bought by
Finkelstein Mark
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Laura Lefevre
Southport Realty, Inc
List Price
$674,900
Sold Price
$649,900
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%
Original Mortgage
$450,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Sflp Properties Llc
Bought by
Smothers Benton Stacy and Smothers Rebecca Sugg
Source: Public Records

Range of Values:

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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
Big Black Dog Llc $1,250,000 Johnson Ryan W
Finkelstein Mark $650,000 None Available
Smothers Benton Stacy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finkelstein Mark $443,230
Previous Owner Finkelstein Mark $444,630
Previous Owner Finkelstein Mark $450,000
Previous Owner Sflp Properties Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $1,250,000 -9.1% $460 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $1,375,000 -8.0% $506 / Sq Ft
06/02/2022 06/02/22 Price Changed $1,495,000 -15.8% $551 / Sq Ft
05/18/2022 05/18/22 For Sale $1,775,000 +173.1% $654 / Sq Ft
03/23/2018 03/23/18 Sold $649,900 -3.7% $246 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $674,900 -- $255 / 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 $7,747 $1,284,370 $750,000 $534,370
2023 $5,808 $1,284,370 $750,000 $534,370
2022 $5,808 $671,770 $262,500 $409,270
2021 $0 $671,770 $262,500 $409,270
2020 $5,414 $671,770 $262,500 $409,270
2019 $5,389 $278,000 $262,500 $15,500
2018 $4,504 $188,600 $175,000 $13,600
2017 $4,504 $188,600 $175,000 $13,600
2016 $4,343 $188,600 $175,000 $13,600
2015 $4,343 $556,090 $175,000 $381,090
2014 $5,817 $860,780 $600,000 $260,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100328989

Hive MLS

APN: 251JB009