NOT LISTED FOR SALE

518 Oak Ln Jacksonville, NC 28540

Estimated Value: $175,000 - $194,000

3 Beds
1 Bath
1,050 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $115,000 $110 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,129/month

181 Days on Market

Highlights

  • Deck
  • No HOA
  • Separate Outdoor Workshop
  • Wood Flooring
  • Workshop
  • Porch

About This Home

As of April 2021

This is a wonderful starter home or investment property. Located in the heart of Jacksonville, minutes from base, shopping, schools, and restaurant. A large fenced in yard, deck, carport, and storage/workshop rounds out a perfect backyard space. This little gem, is a great find!

Last Agent to Sell the Property

LORI FAVRE

ENCORE HOMES REALTY, LLC License #296608 Listed on: 09/08/2020

Last Buyer's Agent

Sara Boulia

Keller Williams Crystal Coast License #302130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 68x158
  • Chain Link Fence

Home Design

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

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Workshop
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Detached Carport Space
  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Northwoods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 417-138

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,802

Year Built

Built in 1954

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: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Workshop, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: None
  • List Price per Sq Ft: 109.52
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Sq Ft Heated: 1050.00
  • Total Heated Primary Separate Sq Ft: 1050.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Workshop
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City of Jacksonville
  • Service Providers Water Provider: City of Jacksonville
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 43.00
  • Lot Acres: 0.25
  • Lot Dimensions: 68X158
  • Lot Sq Ft: 10890.00
  • Lot Water Features: None
  • Zoning: residential

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: 417-138
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Apr 10, 2021
Sold by
Compton Richard W and Compton Lindsey R
Bought by
Lewis Linda and Savage Jasmine
Seller's Agent
LORI FAVRE
ENCORE HOMES REALTY, LLC
Buyer's Agent
Sara Boulia
Keller Williams Crystal Coast
List Price
$118,000
Sold Price
$115,000
Premium/Discount to List
-$3,000
-2.54%
Current Estimated Value
$186,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,756
Avg. Annual Appreciation
11.07%
Original Mortgage
$108,750
Outstanding Balance
$98,188
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$88,568

Purchase Details

Closed on
Sep 20, 2010
Sold by
Rosario Luis M and Rosario Karen A
Bought by
Compton Richard W and Compton Lindsey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,730
Interest Rate
4.33%
Mortgage Type
VA

Purchase Details

Closed on
May 21, 2010
Sold by
The Secretary Of Veterans Affairs
Bought by
Rosario Luis M and Rosario Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,660
Interest Rate
5.02%
Mortgage Type
VA

Purchase Details

Closed on
Nov 13, 2009
Sold by
Chentlen Walter and Chentlen Henrietta
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
May 2, 2006
Sold by
Va
Bought by
Chentlen Walter and Chentlen Henrietta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,570
Interest Rate
6.44%
Mortgage Type
VA

Purchase Details

Closed on
Jan 18, 2006
Sold by
Vargassuarez Pablo and Vargasuarez Ana Cristina
Bought by
Va
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lewis Linda $115,000 None Available
Compton Richard W $127,000 None Available
Rosario Luis M -- None Available
Secretary Of Veterans Affairs $94,299 None Available
Chentlen Walter -- None Available
Va $66,098 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Linda $108,750
Previous Owner Compton Richard W $129,730
Previous Owner Rosario Luis M $75,660
Previous Owner Chentlen Walter $88,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $115,000 0.0% $110 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $115,000 -2.5% $110 / Sq Ft
09/08/2020 09/08/20 For Sale $118,000 0.0% $112 / Sq Ft
05/01/2019 05/01/19 Rented $900 +16.1% --
04/26/2019 04/26/19 Under Contract -- -- --
08/29/2018 08/29/18 For Rent $775 0.0% --
07/31/2014 07/31/14 Rented $775 -3.1% --
07/01/2014 07/01/14 Under Contract -- -- --
03/12/2014 03/12/14 For Rent $800 0.0% --
10/30/2012 10/30/12 Rented $800 0.0% --
10/30/2012 10/30/12 Under Contract -- -- --
08/21/2012 08/21/12 For Rent $800 -- --
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 $1,802 $143,615 $40,000 $103,615
2024 $1,802 $143,615 $40,000 $103,615
2023 $1,802 $143,615 $40,000 $103,615
2022 $1,802 $143,615 $40,000 $103,615
2021 $1,291 $95,850 $35,000 $60,850
2020 $1,291 $95,850 $35,000 $60,850
2019 $1,291 $95,850 $35,000 $60,850
2018 $1,291 $95,850 $35,000 $60,850
2017 $1,387 $105,290 $40,000 $65,290
2016 $1,387 $105,290 $0 $0
2015 $1,387 $105,290 $0 $0
2014 $1,387 $105,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100235633

Hive MLS

APN: 001722