NOT LISTED FOR SALE

518 Caswell Beach Rd Oak Island, NC 28465

Estimated Value: $1,119,400 - $1,204,000

3 Beds
2 Baths
1,536 Sq Ft
$745/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $725,000 $472 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,651/month

53 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Outdoor Shower

About This Home

As of August 2021

2ND ROW CASWELL BEACH!! 3BD/2BA home offering open living and kitchen beach side with large windows across the front for amazing views. Enjoy the covered rocking chair porch hosting relaxing ocean breezes and a front row seat to sunrises and sunsets. Off the back is a covered porch with views of the Intracoastal Waterway and Southport in the distance. Upstairs has 2 bedrooms and a bath, both with decks off each for even more amazing ocean and ICW views!! Recently updated with LVP flooring throughout, light fixtures and paint, this is a fabulous investment opportunity or full time island living at its best!

Last Agent to Sell the Property

Burt Elmore

Lynda Haraway Group, Inc. Listed on: 04/24/2021

Co-Listed By

Lynda Haraway

Lynda Haraway Group, Inc.

Last Buyer's Agent

Brooke Rudd-Gaglie

Margaret Rudd Assoc/O.I.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 1984

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50x160x50x160

Parking

  • On-Site Parking

Property Views

  • Ocean
  • Intracoastal

Home Design

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

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Caswell Beach Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 251jb007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,928

Year Built

Built in 1984

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: 2.0
  • Stories Levels: Two
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Ceiling Fan(s), Pantry
  • List Price per Sq Ft: 488.28
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1536.00
  • Total Heated Primary Separate Sq Ft: 1536.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

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

Lot Info

  • Deed Page: 1047.00
  • Lot Acres: 0.18
  • Lot Dimensions: 50x160x50x160
  • Lot Number: 25
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Second Row
  • Plat Book: 8
  • Plat Page: 96-96A
  • Zoning: Residential
  • Lot View Type: ICW View, Ocean View

Tax Info

  • Tax Identifier: 251jb007
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2928.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Dugan Thomas R
Bought by
Dugan Thomas R and Dugan Donna Marie
Current Estimated Value
$1,144,600

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jul 14, 2021
Sold by
Hessler Thomas W and Hessler Virginia C
Bought by
Bukala Jeffrey A and Bukala Laurie J
Seller's Agent
Burt Elmore
Lynda Haraway Group, Inc.
Buyer's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
List Price
$825,000
Sold Price
$725,000
Premium/Discount to List
-$100,000
-12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$514,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2009
Sold by
The Richard F Bunting Living Trust
Bought by
Hessler Thomas W and Hessler Virginia C
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
Dugan Thomas R -- Prevatte James R
Bukala Jeffrey A $725,000 None Available
Hessler Thomas W $445,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bukala Jeffrey A $514,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $725,000 -3.3% $472 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/04/2021 06/04/21 Price Changed $750,000 -2.5% $488 / Sq Ft
05/28/2021 05/28/21 Price Changed $769,000 -3.8% $501 / Sq Ft
05/05/2021 05/05/21 Price Changed $799,000 -3.2% $520 / Sq Ft
04/24/2021 04/24/21 For Sale $825,000 -- $537 / 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 $5,543 $934,110 $625,000 $309,110
2024 $5,543 $934,110 $625,000 $309,110
2023 $3,149 $934,110 $625,000 $309,110
2022 $3,149 $366,350 $210,000 $156,350
2021 $0 $364,820 $210,000 $154,820
2020 $2,928 $364,820 $210,000 $154,820
2019 $2,916 $210,000 $210,000 $0
2018 $2,581 $320,990 $175,000 $145,990
2017 $2,564 $175,000 $175,000 $0
2016 $2,476 $175,000 $175,000 $0
2015 $2,476 $318,860 $175,000 $143,860
2014 $3,393 $504,700 $400,000 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100268062

Hive MLS

APN: 251JB007