NOT LISTED FOR SALE

518 W Beach Dr Oak Island, NC 28465

Estimated Value: $1,337,000 - $1,543,656

5 Beds
3.5 Baths
2,288 Sq Ft
$628/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $885,000 $387 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,055/month

27 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • Southport Elementary School Rated 9+
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of February 2021

Beautiful 5 bedrooom/3.5 bath second row home. Never been rented. Designed to be a primary home so lots of closet space. Reverse floor plan optimizes views. Elevator. Salt water pool. Impact resistance windows and doors. Conditioned outside storage on upper deck. Foam insulation and whole house dehumidifier. Irrigation. Decks are composite. Home sold furnished with some exclusion. Many other upgrades make an appointment today.

Last Agent to Sell the Property

Christine Cronick

Coldwell Banker Sea Coast Advantage Listed on: 12/09/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Sheila Connor

Intracoastal Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,622

Year Built

  • Built in 2017

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150x50x150
  • Vinyl Fence
  • Irrigation
  • Property is zoned OK-R-7

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 234nc00602

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,622

Year Built

Built in 2017

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: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Elevator, Walk-In Closet, Smoke Detectors, Reverse Floor Plan, Pantry, Furnished, Foyer, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 392.92
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 8
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Bedroom 5 Level: Main
  • Kitchen Level: Upper
  • Laundry Level: Main
  • Living Room Level: Upper
  • Primary Bedroom Level: Upper
  • Sq Ft Heated: 2288.00
  • Total Heated Primary Separate Sq Ft: 2288.00

Exterior Features

  • Exterior Features: DP50 Windows, Irrigation System
  • Exterior Finish: Vinyl Siding
  • Fencing: Vinyl
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Propane

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1250.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50x150x50x150
  • Lot Number: 9
  • Lot Sq Ft: 7500.00
  • Plat Book: 3
  • Plat Page: 37
  • Zoning: OK-R-7
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: 234nc00602
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 2608.85
  • Total Real Estate Property Taxes: 6622.00

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Alberico Michael and Alberico Amanda
Bought by
Friel Alberico Llc
Current Estimated Value
$1,436,164

Purchase Details

Listed on
Dec 9, 2020
Closed on
Feb 17, 2021
Sold by
Baker Ronald Joseph and Baker Sally Metzger
Bought by
Alberico Michael and Alberico Amanda
Seller's Agent
Christine Cronick
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Sheila Connor
Intracoastal Realty Corporation
List Price
$899,000
Sold Price
$885,000
Premium/Discount to List
-$14,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$796,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2017
Sold by
Custom Island Homes By Ken Kiser Llc
Bought by
Baker Ronald Joseph and Baker Sally Metzger
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
Friel Alberico Llc -- None Available
Friel Alberico Llc -- None Listed On Document
Alberico Michael $885,000 None Available
Baker Ronald Joseph $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alberico Michael $796,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2021 02/24/21 Sold $885,000 -1.6% $387 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $899,000 +461.9% $393 / Sq Ft
10/20/2016 10/20/16 Sold $160,000 -10.6% -- View Prior Sale
10/04/2016 10/04/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $179,000 -- --
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 $5,284 $1,235,010 $405,000 $830,010
2024 $5,284 $1,235,010 $405,000 $830,010
2023 $4,123 $1,235,010 $405,000 $830,010
2022 $2,123 $716,810 $185,000 $531,810
2021 $4,063 $716,810 $185,000 $531,810
2020 $4,013 $716,810 $185,000 $531,810
2019 $4,013 $224,410 $185,000 $39,410
2018 $2,202 $193,000 $175,000 $18,000
2017 $931 $175,000 $175,000 $0
2016 $929 $175,000 $175,000 $0
2015 $929 $175,000 $175,000 $0
2014 $1,458 $300,000 $300,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100248350

Hive MLS

APN: 234NC00602