NOT LISTED FOR SALE

5223 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,263,000 - $1,792,000

5 Beds
4.5 Baths
1,734 Sq Ft
$898/Sq Ft Est. Value

Last Sold December 19, 2024

Last sale price $1,800,000 $1,038 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $8,515/month

44 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Golf Course Community
  • Southport Elementary School Rated 9+
  • Boat Dock
  • Deeded access to the beach

About This Home

As of December 2024

Oceanfront living meets modern luxury finishes in this masterpiece of a beach house! No expense was spared and great attention to detail was given to make every detail of this property breathtaking. Life is better as you enjoy the expansive Ocean views offered from 3 levels of deck with the top-level soaring over the sea for serene sunsets and soaking up the sun. With the beach always at your beck and call the outdoor shower is a welcome amenity. Step inside and enjoy the luxurious finish package marking every room. The reverse floor plan offers 3 levels of living space all serviced by the elevator. At the top level you'll be captivated by the modern kitchen featuring White Shaker cabinets trimmed in black with top end appliances, quartz countertops complimented with tile backsplash, an island with overhang seating and a breakfast bar overlooking the ocean from the large picture window carefully placed. The dinning area hosts a large table for gathering while enjoying ocean views through the sliding glass door leading to the upper deck. The living room is tastefully outfitted with stylish furnishings, wide plank shiplap accents, an electric fireplace and large picture window delivering more incredible ocean views. A powder room with backlit vanity completes the upstairs ensemble. The 2nd level hosts a family room with direct deck access, a TV & Beverage Fridge. Flanked on either side by two bedrooms each with stunning Ocean Views, direct deck access, and attached full baths with cool tile walk-in showers. The first level offers and additional ocean view suite with full bath and direct deck access. The 4th bedroom delivers more ocean views and shared bath with the 5th bedroom. Stackable laundry units and a deck with stairs down to the beach complete the first floor. This property comes fully furnished and exudes quality at every turn. The deck is already wired for a hot tub should you so desire. Built in 2023 this property is 100% turnkey for personal or rental.

Last Agent to Sell the Property

Brian Inskip

eXp Realty License #321969 Listed on: 09/26/2024

eXp Realty

Last Buyer's Agent

Marc Stollings

Better Beach Sales & Rentals, Inc. License #351490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,526

Year Built

  • Built in 2023

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 51x153x51x152
  • Ocean Front
  • Sprinkler System
  • Property is zoned Ok-R-7

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1,734 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Deck

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 249de004

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Boat Dock
  • Community Beach Access
  • Marina
  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Park
  • Dog Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,526

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central, Heat Pump
  • Deed Page: 1132.00
  • Directions To Property: From the intersection of Oak Island Drive and SE 58th Street head South on 58th. Go around the curve onto E. Beach Drive and arrive at the property on the oceanfront.
  • Document Count: 4
  • Elementary School: Southport
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: 1
  • Foundation: Pilings
  • Fuel Tank: None
  • High School: South Brunswick
  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Park, Tennis Court(s), Sidewalk, Restaurant, Playground, Picnic Area, Pickleball, Marina, Dog Park, Jogging Path, Golf Course, Fitness Center, Boat Dock, Beach Rights, Beach Access
  • Listing I D: 100468023
  • List Priceper Sq Ft: 1066.90
  • Location Type: Island
  • Lot Acres: 0.18
  • Lot Dimensions: 51X153X51X152
  • Lot Sq Ft: 7797.00
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Marketing City: Oak Island
  • Middle School: South Brunswick
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Pre Direction: E
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 1734.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Subdivision: E. Long Beach
  • Tax Identifier: 249de004
  • Tax Year: 2024
  • Terms: Cash, VA Loan, Conventional
  • Total City Real Estate Property Tax: 453.00
  • Total Real Estate Property Taxes: 4526.18
  • Total Heated Primary Separate Sq Ft: 1734.00
  • Un Branded Virtual Tour: https://my.matterport.com/show/?m=1s4Wty769kX&mls=1
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 2023
  • Zoning: Ok-R-7
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: LVT/LVP, Tile
  • Interior Amenities: 9Ft+ Ceilings, Elevator, Walk-in Shower, Sprinkler System, Smoke Detectors, Reverse Floor Plan, Kitchen Island, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Concrete, Gravel

Utilities

  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Jan 31, 2020
Sold by
Hall Catherine Jean
Bought by
Durovic Marko and Durovic Stephanie
Seller's Agent
Daniel Ward
Coastal Lights Realty
Buyer's Agent
Daniel Ward
Coastal Lights Realty
List Price
$298,000
Sold Price
$215,000
Premium/Discount to List
-$83,000
-27.85%
Current Estimated Value
$1,556,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,341,302
Avg. Annual Appreciation
39.63%

Purchase Details

Listed on
Nov 4, 2013
Closed on
Oct 29, 2014
Sold by
Edwards Janet Lynn and Edwards Janet Lynn
Bought by
Hall Catherine Jean
Seller's Agent
Ginger Harper
Coldwell Banker Sea Coast Advantage - SP
Buyer's Agent
Christopher Kuhn
Coldwell Banker Sea Coast Advantage
List Price
$125,000
Sold Price
$35,000
Premium/Discount to List
-$90,000
-72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.68%
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
Durovic Marko $215,000 None Available
Hall Catherine Jean $35,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2024 12/19/24 Sold $1,800,000 -2.7% $1,038 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $1,850,000 +760.5% $1,067 / Sq Ft
02/03/2020 02/03/20 Sold $215,000 -27.9% -- View Prior Sale
11/14/2019 11/14/19 Pending -- -- --
08/08/2018 08/08/18 For Sale $298,000 +751.4% --
11/20/2014 11/20/14 Sold $35,000 -72.0% -- View Prior Sale
10/06/2014 10/06/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $125,000 -- --
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 $4,526 $1,132,510 $560,000 $572,510
2024 $22 $1,132,510 $560,000 $572,510
2023 $1,304 $560,000 $560,000 $0
2022 $0 $245,000 $245,000 $0
2021 $0 $245,000 $245,000 $0
2020 $1,299 $245,000 $245,000 $0
2019 $1,299 $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: 100468023

Hive MLS

APN: 249DE004