NOT LISTED FOR SALE

5225 E Beach Dr Oak Island, NC 28465

Oak Island Area

Estimated Value: $910,000 - $1,183,000

3 Beds
3 Baths
1,134 Sq Ft
$963/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2020

Last sale price $474,050 $418 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $6,284 / mo

279 Days on Market

Highlights

  • Ocean Front
  • Attic
  • Furnished
  • Deck
  • 1 Fireplace
  • No HOA

About This Home

As of July 2020

CLASSIC OCEANFRONT BEACH COTTAGE WITH FLAIR...AND VERY AFFORDABLE TOO! This 3BR/3BA - top producing vacation rental home offers a private upstairs 2nd level master suite with its own ocean view deck and eaves storage on either side - a unique layout for the 70's. The kitchen and living area provide a cozy spot for the family to eat and relax complemented by a fireplace and easy access door leading to a covered porch to enjoy the sounds & sights of the ocean. Two additional bedrooms, a bathroom and laundry/storage area complete the first level. Not included in the total square footage, the ground level offers a few additional few hundred sq. ft. for an easy access bathroom from the beach, game play and safe storage. An outside shower, underneath deck area with picnic table and large storage shed complete a very well equipped home. Natural foliage and beach grasses surround this home and its own private path to access the beach and ocean! And just a few blocks to Town Center and all services. Schedule your showing today!!

Last Agent to Sell the Property

Brendan Gordon

Coastal Development & Realty Oak Island License #264772 Listed on: 08/09/2019

Co-Listed By

Jennifer Berg

Coastal Development & Realty Oak Island License #271253

Last Buyer's Agent

Ceilidh Creech

Southern Realty Advantage LLC License #217500

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 51 x 152 x 51 x 152
  • Ocean Front

Home Design

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

Interior Spaces

  • 1,134 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Water Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • 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 249de003

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Washer, Refrigerator, Stove/Oven - Electric, Dryer, Dishwasher
  • Handicap Accessible: None
  • List Priceper Sq Ft: 440.04
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 1970
  • Lot View Type: Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Walk-In
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Furnished, Smoke Detectors
  • Laundry Location: Hall
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 1134.00
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Total Heated Primary Separate Sq Ft: 1134.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1000 - 1199
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Sewer Connected, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick

Lot Info

  • Cobra Zone: No
  • Deed Page: 667.00
  • Lot Acres: 0.18
  • Lot Dimensions: 51 X 152 x 51 x 152
  • Lot Sq Ft: 7841.00
  • Zoning: Residential

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Rental Info

  • Rental Income Gross Rental Income: 43291.00
  • Annual Gross Rental Income Collected: 2019

Tax Info

  • Tax Identifier: 249de003
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Jun 12, 2020
Sold by
Poole Sylvia Dunn
Bought by
Seller's Agent
Brendan Gordon
Coastal Development & Realty Oak Island
Buyer's Agent
Ceilidh Creech
Southern Realty Advantage LLC
List Price
$519,000
Sold Price
$474,050
Premium/Discount to List
-$44,950
-8.66%
Current Estimated Value
$1,091,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,725
Avg. Annual Appreciation
14.48%
Original Mortgage
$369,050
Outstanding Balance
$320,552
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$771,223

Purchase Details

Closed on
Feb 1, 1994
Bought by
Poole Kenneth A Et Sylvia D
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oak Island, NC

  • Fred Thorne Real Estate Agent - Fred Thorne Realty

    Fred Thorne

    Fred Thorne Realty

    (910) 400-8328

    21 Total Sales

    1 in Oak Island

    $625,000 Price

    Fred Thorne
     Section Image
  • Gene Pitzer Real Estate Agent - Real Broker, LLC - Carolina Collective Realty

    Gene Pitzer

    Real Broker, LLC - Carolina Collective Realty

    (888) 311-6835

    141 Total Sales

    2 in Oak Island

    $810,000 Price Range

    Gene Pitzer
     Section Image
  • Carla Buckhold Real Estate Agent - Bogue Banks Realty, Inc

    Carla Buckhold

    Bogue Banks Realty, Inc

    (808) 582-8166

    200 Total Sales

    1 in Oak Island

    $650,000 Price

    Carla Buckhold
     Section Image
  • Nicole Redmond Real Estate Agent - NorthGroup Real Estate LLC

    Nicole Redmond

    NorthGroup Real Estate LLC

    (980) 268-2783

    123 Total Sales

    1 in Oak Island

    $731,250 Price

    Nicole Redmond
     Section Image
  • Lindy Mauney Real Estate Agent - EXP Realty LLC

    Lindy Mauney

    EXP Realty LLC

    (984) 205-7303

    66 Total Sales

    7 in Oak Island

    $295K - $1.6M Price Range

    Lindy Mauney
     Section Image
  • Jason Queen Real Estate Agent - Monarch Realty Co.

    Jason Queen

    Monarch Realty Co.

    (844) 996-4536

    49 Total Sales

    1 in Oak Island

    $322,500 Price

    Jason Queen
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$474,500 First Amer Mtg Solution On
Poole Kenneth A Et Sylvia D $45,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $369,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $474,050 -8.7% $418 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
08/09/2019 08/09/19 For Sale $519,000 -- $458 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,768 $716,880 $560,000 $156,880
2024 $30 $716,880 $560,000 $156,880
2023 $2,066 $716,880 $560,000 $156,880
2022 $2,066 $353,880 $245,000 $108,880
2021 $2,008 $353,880 $245,000 $108,880
2020 $2,011 $353,880 $245,000 $108,880
2019 $2,011 $245,000 $245,000 $0
2018 $1,768 $308,800 $225,000 $83,800
2017 $1,746 $225,000 $225,000 $0
2016 $1,721 $225,000 $225,000 $0
2015 $1,721 $308,800 $225,000 $83,800
2014 $1,626 $316,190 $250,000 $66,190
Source: Public Records

Agents Affiliated with this Home

  • Brendan Gordon Real Estate Agent - Coastal Development & Realty Oak Island

    Seller's Agent in 2020

    Brendan Gordon

    Coastal Development & Realty Oak Island

    (910) 209-3899

    77 Total Sales

    Brendan Gordon
    Section Image

  • JB

    Seller Co-Listing Agent in 2020

    Jennifer Berg

    Coastal Development & Realty Oak Island

    Section Image
  • Ceilidh Creech Real Estate Agent - Southern Realty Advantage LLC

    Buyer's Agent in 2020

    Ceilidh Creech

    Southern Realty Advantage LLC

    (910) 553-4073

    55 Total Sales

    Ceilidh Creech
    Section Image
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Map

Source: Hive MLS

MLS Number: 100179469

Hive MLS

APN: 249DE003

North Carolina Brunswick County Oak Island 28465

5225 E Beach Dr, Oak Island, NC

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