NOT LISTED FOR SALE

5219 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,364,000 - $1,523,000

5 Beds
3.5 Baths
1,986 Sq Ft
$723/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $665,000 $335 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $8,110/month

38 Days on Market

Highlights

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

About This Home

As of June 2019

OCEANFRONT NEW CONSTRUCTION under $700k! Just in time for summer vacation, vacation rental season or for your year round enjoyment. Very unique 5 Bedrooms and 3.5 Bathrooms, three stories with a large open deck on each floor. Total of 1395 sqft of outdoor decking. Amazing views of the ocean, beautiful beaches and Oak Island Lighthouse. High impact windows, granite counters, breakfast bar facing the ocean, raised ceiling in living room. Don't waste time thinking, come enjoy the breath taking views. Great Vacation Rental potential. Local reputable vacation rental company estimates $55,000.oo in yearly rental.

Last Agent to Sell the Property

Bradley Walton

Oak Island Realty, Inc. Listed on: 04/17/2019

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,491

Year Built

  • Built in 2019

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Property is zoned R7

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,986 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Ocean Views
  • Storm Doors

Kitchen

  • Stove
  • Built-In Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved 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

  • Assessor Parcel Number 249de006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,491

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: Yes
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2019
  • Road Frontage Type: Ocean Front
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Vinyl
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 9Ft+ Ceilings, Reverse Floor Plan, Walk-In Closet, Walk-in Shower, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 351.96
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Sq Ft Heated: 1986.00
  • Total Heated Primary Separate Sq Ft: 1986.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

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

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1096.00
  • Lot Acres: 0.18
  • Lot Dimensions: 50 X 150
  • Lot Sq Ft: 7841.00
  • Plat Book: 1
  • Plat Page: 98
  • Special Assessments: Sand Renourishment
  • Zoning: R7
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 249de006
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 26, 2019
Sold by
Surratt Todd and Surratt Kelly
Bought by
Adkins Larry Steven and Adkins Vanessa
Seller's Agent
Bradley Walton
Oak Island Realty, Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Current Estimated Value
$1,478,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$813,101
Avg. Annual Appreciation
12.91%
Original Mortgage
$532,000
Outstanding Balance
$467,790
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$967,938

Purchase Details

Listed on
Jun 20, 2017
Closed on
Feb 7, 2018
Sold by
Horne Stephen T and Horne Alfred M
Bought by
Surratt Tod
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
348.87%
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
Adkins Larry Steven $665,000 None Available
Surratt Tod $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Larry Steven $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2019 06/27/19 Sold $665,000 -4.9% $335 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $699,000 +722.4% $352 / Sq Ft
02/13/2018 02/13/18 Sold $85,000 -14.1% $43 / Sq Ft View Prior Sale
12/28/2017 12/28/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $99,000 -- $50 / 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 $4,491 $1,123,390 $560,000 $563,390
2024 $4,491 $1,123,390 $560,000 $563,390
2023 $3,699 $1,123,390 $560,000 $563,390
2022 $3,699 $670,360 $245,000 $425,360
2021 $3,669 $670,360 $245,000 $425,360
2020 $3,644 $670,360 $245,000 $425,360
2019 $2,652 $245,000 $245,000 $0
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

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Map

Source: Hive MLS

MLS Number: 100160662

Hive MLS

APN: 249DE006