NOT LISTED FOR SALE

5203 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,389,000 - $2,096,923

4 Beds
3.5 Baths
2,100 Sq Ft
$828/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $777,777 $370 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $9,277/month

76 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Fitness Center
  • Southport Elementary School Rated 9+
  • Golf Course Community
  • Ocean Side of Freeway

About This Home

As of May 2019

OCEANFRONT New Construction home! This one is priced right with 4 bedrooms and 3.5 baths. Inverted plan because the higher you go, the better the views! Loaded with upgrades including Impact windows, tankless water heater, site finished hardwoods, quartz counters, metal roof, vinyl railing, and large tiled showers. Storage closets are sized for elevator but obviously not included at this price. Excellent rental potential of $60,000.+ or at this price you could keep it all for yourself. This is premium oceanfront location with Town recreational areas, shopping & Dairy Queen nearby! Ready for the Beach; this home is! The town of Oak Island offers numerous amenities such as golf, tennis, basketball, picnic area, boat launches & public docks & water accesses yet NO hoa fees!

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 02/01/2019

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 02/01/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Property is zoned R7

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Additional Features

  • Accessible Ramps
  • Energy-Efficient Doors

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 249de013

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • List Priceper Sq Ft: 379.52
  • New Construction: Yes
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 2019
  • Lot View Type: Ocean View, Water View
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 2100.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 2100.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Thermal Windows, Thermal Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 2000 - 2199
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Tankless
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Sidewalk, Tennis Court(s), Street Lights, Playground, Restaurant, Ramp, Marina, Fitness Center, Golf Course

Fee Information

  • Home Warranty Company: Buff Builders Inc.
  • Home Warranty Termite: Home Warranty/Seller, Termite Bond
  • Home Warranty Termite Company: Manning's Pest
  • Home Warranty Termite Company Phone: 910-457-5289

Schools

  • School District: Brunswick

Lot Info

  • Cobra Zone: No
  • Deed Page: 398.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50 X 150
  • Lot Sq Ft: 7500.00
  • Lot Water Features: Ocean Side
  • Zoning: R7

Green Features

  • Green Bldg Features: Tankless Water Heater

Rental Info

  • Rental Income Gross Rental Income: 60000.00

Tax Info

  • Tax Identifier: 249de013
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 29, 2019
Sold by
Poteat Smith Properties Llc
Bought by
Public Management Resources Inc
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$797,000
Sold Price
$777,777
Premium/Discount to List
-$19,223
-2.41%
Current Estimated Value
$1,785,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007,465
Avg. Annual Appreciation
12.74%

Purchase Details

Listed on
Dec 4, 2017
Closed on
Jan 25, 2018
Sold by
K E M Inc
Bought by
Poteat Smith Properties Llc
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
222.11%

Purchase Details

Closed on
Oct 1, 1996
Bought by
K E M Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Public Management Resources Inc $778,000 None Available
Poteat Smith Properties Llc $170,000 None Available
K E M Inc $1,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2019 05/17/19 Sold $777,777 -2.4% $370 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $797,000 +368.8% $380 / Sq Ft
01/29/2018 01/29/18 Sold $170,000 -15.0% $81 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $200,000 -- $95 / 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 -- $1,717,410 $1,120,000 $597,410
2024 $70 $1,717,410 $1,120,000 $597,410
2023 $5,415 $1,717,410 $1,120,000 $597,410
2022 $0 $962,950 $490,000 $472,950
2021 $0 $717,950 $245,000 $472,950
2020 $141 $717,950 $245,000 $472,950
2019 $3,593 $247,120 $245,000 $2,120
2018 $144 $25,000 $25,000 $0
2017 $144 $25,000 $25,000 $0
2016 $141 $25,000 $25,000 $0
2015 $141 $25,000 $25,000 $0
2014 $131 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Anderson

    Seller's Agent in 2019

    Kim Anderson

    Art Skipper Realty Inc.

    (910) 269-3334

    545 in this area

    810 Total Sales

    Kim Anderson
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Map

Source: Hive MLS

MLS Number: 100148561

Hive MLS

APN: 249DE013

North Carolina Brunswick County Oak Island 28465

5203 E Beach Dr, Oak Island, NC

Not Listed for Sale

Detached

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