NOT LISTED FOR SALE

5201 E Beach Dr Oak Island, NC 28465

Estimated Value: $968,315 - $1,237,000

4 Beds
2.5 Baths
1,500 Sq Ft
$708/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $889,000 $593 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,827/month

191 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • Covered Patio or Porch

About This Home

As of November 2022

LOCATION IS EVERYTHING! This impeccably maintained, and beautifully decorated 4BR/2.5BA Ocean Front home provides the PERFECT location for vacation ease & relaxation! 2022 rentals are over $80,000. From the brand-new expansive South-facing covered deck, you'll enjoy captivating views of sunrises AND sunsets, the beach from pier to pier & lighthouse--and you're just STEPS from the beach! Within 2 walkable blocks are the new Publix grocery store, restaurants, tennis & pickleball courts, ABC store, playground & park--famous for summer concerts & artisans market. As an added bonus, you're just a short drive to Historic Southport's shops & restaurants. You'll love the thoughtfully designed open floor plan & comfortable layout offering plenty of space for family & friends, while ensuring privacy & comfort for all. The graciously appointed kitchen offers 180 degree ocean views while preparing meals & dining comfortably. Separate laundry with new washer & dryer & powder room just off main living area is an unsurpassed luxury. The new stainless steel appliances, generous countertops & ample storage make meals & gatherings a pleasure. Luxury vinyl flooring throughout creates a beautiful esthetic AND easy maintenance for busy families & pets. New lighting & ceiling fans throughout ensure comfort & beauty in every room. Recent improvements include: new extra-large outdoor shower with toy storage, new fortified roof & new HVAC in 2020, keyless entry, upgraded interior blinds, smart TV's. Home is fully-furnished, has excellent rental history, exclusive membership to a WONDERFUL community and ENDLESS GOOD MEMORIES waiting to be made!

Last Agent to Sell the Property

Team Krueger

Coldwell Banker Sea Coast Advantage Listed on: 04/12/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Hank Troscianiec & Associates

Keller Williams Innovate-OKI

Keller Williams Innovate-OKI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1974

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 51x154x45x154
  • Ocean Front
  • Dunes

Home Design

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

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Tax Lot l
  • Assessor Parcel Number 249de014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,298

Year Built

Built in 1974

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: 1974
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: See Remarks, Vinyl
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 600.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 1500.00
  • Total Heated Primary Separate Sq Ft: 1500.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 6.00
  • Parking Driveway: Off Street

Utilities

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

Association/Amenities

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

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 987.00
  • Lot Acres: 0.18
  • Lot Description: Dunes
  • Lot Dimensions: 51x154x45x154
  • Lot Number: l
  • Lot Sq Ft: 7710.00
  • Plat Book: 1
  • Plat Page: 98
  • Special Assessments: Proposed Sand assessment Poss.
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Rental Income Gross Rental Income: 68201.20
  • Annual Gross Rental Income Collected: 2021

Tax Info

  • Tax Identifier: 249de014
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2297.58

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Nov 28, 2022
Sold by
Ts1opras and Mindy
Bought by
Haines Phillip Carl and Haines Ann Marie
Seller's Agent
Team Krueger
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
List Price
$1,069,000
Sold Price
$889,000
Premium/Discount to List
-$180,000
-16.84%
Views
5
Current Estimated Value
$1,062,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,079
Avg. Annual Appreciation
6.30%

Purchase Details

Listed on
May 23, 2019
Closed on
Oct 30, 2019
Sold by
Baker Marvin C and Baker Laurie M
Bought by
Tsiopras George and Maxwell Tsiopras Mindy
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Team Krueger
Coldwell Banker Sea Coast Advantage
List Price
$529,000
Sold Price
$484,000
Premium/Discount to List
-$45,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%
Original Mortgage
$435,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2003
Bought by
Baker Marvin C Et Laurie M
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
Haines Phillip Carl $889,000 --
Haines Phillip Carl $889,000 None Listed On Document
Tsiopras George $484,000 Guaranteed Rate Inc
Baker Marvin C Et Laurie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsiopras George $435,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2022 11/30/22 Sold $889,000 -1.2% $593 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $899,999 -9.9% $600 / Sq Ft
08/20/2022 08/20/22 Price Changed $999,000 -6.5% $666 / Sq Ft
05/11/2022 05/11/22 For Sale $1,069,000 0.0% $713 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $1,069,000 +120.9% $713 / Sq Ft
11/01/2019 11/01/19 Sold $484,000 -8.5% $322 / Sq Ft View Prior Sale
09/20/2019 09/20/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $529,000 -- $352 / 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 $3,220 $778,460 $560,000 $218,460
2024 $3,220 $778,460 $560,000 $218,460
2023 $2,328 $778,460 $560,000 $218,460
2022 $2,328 $401,250 $245,000 $156,250
2021 $2,298 $401,250 $245,000 $156,250
2020 $2,273 $401,250 $245,000 $156,250
2019 $2,273 $245,000 $245,000 $0
2018 $1,938 $339,540 $225,000 $114,540
2017 $1,938 $225,000 $225,000 $0
2016 $1,913 $225,000 $225,000 $0
2015 $1,913 $339,540 $225,000 $114,540
2014 $1,762 $340,020 $250,000 $90,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100321908

Hive MLS

APN: 249DE014