NOT LISTED FOR SALE

5222 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,173,894 - $1,386,000

5 Beds
3.5 Baths
2,160 Sq Ft
$580/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $835,000 $387 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,876/month

13 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Fitness Center
  • Furnished

About This Home

As of June 2021

No one will ever want to leave this beautiful 5-bedroom, 3.5-bathroom, second row beach home with priceless ocean views! Atop pilings high enough for a boat underneath, this incredible open floor plan has everything you've been dreaming of and more. 2160 sqft of brand new LVP flooring and interior paint is found inside. This fully furnished listing features tons of storage space, oversized bedrooms with generous closets, and a marvelous kitchen complete with lots of counterspace, bar seating, and recessed lighting. Downstairs you will find the luxurious master bedroom that includes a private bath with a dual vanity and a large soaker tub/shower. The other 4 spacious bedrooms located upstairs all have jack and jill bathrooms. Outside you will find over 450 sqft of covered porch space, a new outdoor shower, a large backyard with enough room for a pool, and a generous storage area with double doors under the house. If you ever get tired of lounging on one of the three covered porches, go enjoy the sensational beach of Oak Island just steps away via the beach access at SE 55th Street. This property has flood insurance less than $1,000/year and an incredible rental history. What are you waiting for? Come see it today!

Last Agent to Sell the Property

Margaret Bowen

Coldwell Banker Sea Coast Advantage License #201238 Listed on: 05/05/2021

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Christine Cronick

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,781

Year Built

  • Built in 2003

Lot Details

  • 8,425 Sq Ft Lot
  • Lot Dimensions are 50 x 161 x 52 x 176
  • Property is zoned R7

Parking

  • Unpaved Parking

Home Design

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

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 249dd009

Community Details

Overview

  • No Home Owners Association
  • Long Beach Subdivision

Amenities

  • Picnic Area
  • Restaurant

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,781

Year Built

Built in 2003

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: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Furnished, Pantry, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Closet
  • List Price per Sq Ft: 393.47
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 12
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2160.00
  • Total Heated Primary Separate Sq Ft: 2160.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower, Storage
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Picnic Area, Tennis Court(s), Sidewalk, Restaurant, Ramp, Playground, Fitness Center, Golf Course

Lot Info

  • Deed Page: 1187.00
  • Lot Acres: 0.19
  • Lot Dimensions: 50 x 161 x 52 x 176
  • Lot Number: 11
  • Lot Sq Ft: 8425.00
  • Lot Water Features: Second Row
  • Plat Book: 1
  • Plat Page: 96-99
  • Special Assessments: possible sand/beach renourish
  • Zoning: R7
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 249dd009
  • Tax Year: 2020

MLS Schools

  • High School2: Early College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 18, 2021
Sold by
Vaughan William B and Vaughan Jennifer H
Bought by
Oneill Jenifer
Seller's Agent
Margaret Bowen
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christine Cronick
Coldwell Banker Sea Coast Advantage
List Price
$849,900
Sold Price
$835,000
Premium/Discount to List
-$14,900
-1.75%
Current Estimated Value
$1,253,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,474
Avg. Annual Appreciation
9.84%
Original Mortgage
$548,250
Outstanding Balance
$496,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$757,102

Purchase Details

Listed on
May 12, 2018
Closed on
Mar 28, 2019
Sold by
Whitehead William C and Whitehead Susane
Bought by
Vaughan William B and Vaughan Jennifer H
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Mike Burton
Coldwell Banker Sea Coast Advantage
List Price
$574,500
Sold Price
$519,900
Premium/Discount to List
-$54,600
-9.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.67%
Original Mortgage
$363,930
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 17, 2016
Closed on
Apr 11, 2016
Sold by
Trent Michael F and Trent Linda J
Bought by
Whitehead William C and Whitehead Susan E
Seller's Agent
Brendan Gordon
Coastal Development & Realty Oak Island
Buyer's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$388,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Bought by
Trent Michael F Et Linda J
Source: Public Records

Range of Values:

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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
Oneill Jenifer $835,000 None Available
Vaughan William B $520,000 None Available
Whitehead William C $485,000 None Available
Trent Michael F Et Linda J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneill Jenifer $548,250
Previous Owner Vaughan William B $363,930
Previous Owner Whitehead William C $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2021 06/28/21 Sold $835,000 -1.8% $387 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $849,900 +63.5% $393 / Sq Ft
04/05/2019 04/05/19 Sold $519,900 -9.5% $236 / Sq Ft View Prior Sale
03/01/2019 03/01/19 Pending -- -- --
05/12/2018 05/12/18 For Sale $574,500 +18.5% $261 / Sq Ft
04/27/2016 04/27/16 Sold $485,000 -3.0% $220 / Sq Ft View Prior Sale
03/24/2016 03/24/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $499,900 -- $227 / 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 $3,781 $864,100 $445,000 $419,100
2024 $3,781 $864,100 $445,000 $419,100
2023 $3,252 $864,100 $445,000 $419,100
2022 $3,252 $535,290 $225,000 $310,290
2021 $3,252 $535,290 $225,000 $310,290
2020 $3,060 $535,290 $225,000 $310,290
2019 $3,074 $225,000 $225,000 $0
2018 $2,325 $390,270 $170,000 $220,270
2017 $2,328 $170,000 $170,000 $0
2016 $2,275 $170,000 $170,000 $0
2015 $2,275 $390,270 $170,000 $220,270
2014 $1,846 $336,210 $170,000 $166,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100269756

Hive MLS

APN: 249DD009