NOT LISTED FOR SALE

5224 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,018,000 - $1,423,000

0.17 Acre
$7,305,400 Price per Acre
7,408 Sq Ft Lot

Last Sold June 26, 2015

Last sale price $160,000

Est. 676% increase in value since last sale

Current estimated payment $6,832/month

981 Days on Market

Highlights

  • Water Views
  • Southport Elementary School Rated 9+
  • Level Lot

About This Lot

As of June 2015

WOW! Second row lot with beachfront views! Lots across street are currently unbuildable. Unobstructed views and beach access! See this one soon! Great location for building a great beach house at an affordable price!!! Lot has a deep water well.

Last Agent to Sell the Property

Donna Allen

Southport Realty, Inc License #190897 Listed on: 10/17/2012

Last Buyer's Agent

Christine Cronick

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $831

Lot Details

  • 7,408 Sq Ft Lot
  • Lot Dimensions are 43x147x50x161
  • Level Lot

Property Views

  • Water Views

Schools

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

Community Details

  • Property has a Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot Lot 12
  • Assessor Parcel Number 207505090256

Property Details

Property Type

Land

Est. Annual Taxes

$831

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: Yes

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities, See Remarks

Lot Info

  • Deed Book: 180
  • Deed Page: 396.00
  • Lot Dimensions: 43X147X50X161
  • Lot Number: Lot 12
  • Lot Sq Ft: 7408.00
  • Zoning: residential
  • Acres: 0.17
  • List Price per Acre: 1117647.06
  • Topography: Level
  • Lot Number2: Lot 12

Tax Info

  • Tax Identifier: 207505090256
  • Tax Year: 2012
  • Total City Real Estate Property Tax: 830.73
  • Total Real Estate Property Taxes: 830.73

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

Closed on
May 19, 2022
Sold by
James Major Kevin and James Louise Ann
Bought by
Major Living Trust
Current Estimated Value
$1,241,918

Purchase Details

Listed on
Oct 17, 2012
Closed on
Jun 22, 2015
Sold by
Adams John M and Adams Melissa H
Bought by
Major Kevin James and Major Ann Louise
Seller's Agent
Donna Allen
Southport Realty, Inc
Buyer's Agent
Christine Cronick
Coldwell Banker Sea Coast Advantage
List Price
$275,000
Sold Price
$160,000
Premium/Discount to List
-$115,000
-41.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.90%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Major Living Trust -- Johnson Ryan W
Major Kevin James $160,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2015 06/26/15 Sold $160,000 -41.8% --
06/25/2015 06/25/15 Pending -- -- --
10/17/2012 10/17/12 For Sale $275,000 -- --
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 -- $986,860 $445,000 $541,860
2024 $3,970 $986,860 $445,000 $541,860
2023 $3,535 $986,860 $445,000 $541,860
2022 $3,535 $638,960 $225,000 $413,960
2021 $3,505 $638,960 $225,000 $413,960
2020 $3,480 $638,960 $225,000 $413,960
2019 $3,480 $230,260 $225,000 $5,260
2018 $2,319 $417,920 $170,000 $247,920
2017 $906 $170,100 $170,000 $100
2016 $903 $170,100 $170,000 $100
2015 $903 $170,100 $170,000 $100
2014 -- $170,100 $170,000 $100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Donna Allen

    Southport Realty, Inc

  • C

    Buyer's Agent in 2015

    Christine Cronick

    Coldwell Banker Sea Coast Advantage

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Map

Source: Hive MLS

MLS Number: 20669082

Hive MLS

APN: 249DD010

North Carolina Brunswick County Oak Island 28465

5224 E Beach Dr, Oak Island, NC

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