$215,000
SOLD FEB 3, 2020

5223 E Beach Dr Oak Island, NC 28465

0.18 Acre
$1,194,444 Price per Acre
7,841 Sq Ft Lot

Recently Sold

28% Below List Price

463 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Ocean View
  • No HOA

About This Lot

As of December 2024

NEW SURVEY WITH LARGE BUILDING ENVELOPE READY FOR YOUR DREAM HOME ON THE OCEANFRONT! Dune crossing on left side of lot. Seller will pay sewer assessment in full at closing. Conveniently located near shops, restaurants, and grocery store.

Last Agent to Sell the Property

Daniel Ward

Coastal Lights Realty License #301003 Listed on: 08/08/2018

Last Buyer's Agent

Daniel Ward

Coastal Lights Realty License #301003 Listed on: 08/08/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,526

Lot Details

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

Property Views

  • Ocean Views

Schools

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

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 249de004

Property Details

Property Type

Land

Est. Annual Taxes

$4,526

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 50.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: See Remarks

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 848.00
  • Lot Description: See Remarks
  • Lot Dimensions: 50 x 150
  • Lot Number: 12
  • Lot Sq Ft: 7841.00
  • Plat Book: 1
  • Plat Page: 98
  • Special Assessments: Sand Assessment Proposed
  • Zoning: R7
  • Cleared Acres: 0.17
  • Acres: 0.18
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1499444.44
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 12
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 249de004
  • Tax Year: 2019
  • Deferred Taxes: No

MLS Schools

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

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
$1,742,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,527,487
Avg. Annual Appreciation
45.54%

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:

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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 Type Sale Price Title Company
Warranty Deed $215,000 None Available
Warranty Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,440,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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% --
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 $4,526 $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: 100129396

Hive MLS

APN: 249DE004