NOT LISTED FOR SALE

5226 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,328,685 - $1,458,000

5 Beds
3.5 Baths
2,200 Sq Ft
$626/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $698,000 $317 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,570/month

6 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Ocean Side of Freeway
  • Southport Elementary School Rated 9+
  • In Ground Pool
  • Deck

About This Home

As of April 2019

Experience coastal luxury and relaxation in this beautiful second row beach home on Oak Island. Flip Flop & Flamingos is a beautifully decorated, well maintained five bedroom, three and a half bath home with private pool. The open living and dining areas are ideal for entertaining family and friends. Updates include new carpet, luxury vinyl plank flooring in kitchen, half bath, laundry room and entryway, new deck structures and new Trex Enhanced decking, exterior vinyl handrails, new fiber cement shake siding on exterior front, hurricane impact windows and doors on front of home, exterior and interior recently painted, new HVAC on the first floor. Kitchen features new dishwasher, granite counter tops, sink and faucet. Flip Flop & Flamingos is located close to tennis

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 03/06/2019

Last Buyer's Agent

Christopher Kuhn

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,299

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 133 x 53 x 148
  • Fenced Yard

Home Design

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

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 249dd011

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,299

Year Built

Built in 2004

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: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 327.23
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Sq Ft Heated: 2200.00
  • Total Heated Primary Separate Sq Ft: 2200.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Golf Course, Playground, Trail(s), Tennis Court(s)

Lot Info

  • Deed Page: 1013.00
  • Lot Acres: 0.16
  • Lot Dimensions: 50 X 133 X 53 X 148
  • Lot Sq Ft: 6970.00
  • Lot Water Features: Ocean Side, Second Row
  • Special Assessments: Confirmed
  • Zoning: R
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 249dd011
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
Apr 9, 2019
Sold by
Bridgewater Properties Llc
Bought by
Toal Shawn G and Frings Michael Robert
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Christopher Kuhn
Coldwell Banker Sea Coast Advantage
List Price
$719,900
Sold Price
$698,000
Premium/Discount to List
-$21,900
-3.04%
Current Estimated Value
$1,377,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,921
Avg. Annual Appreciation
10.96%
Original Mortgage
$552,000
Outstanding Balance
$485,306
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$892,615

Purchase Details

Closed on
May 31, 2018
Sold by
Roberts Stacie Shepherd and Roberts Michael S
Bought by
Bridgewater Properties Llc

Purchase Details

Listed on
Jan 14, 2017
Closed on
Apr 20, 2017
Sold by
Brooks Troy and Brooks Cathy
Bought by
Roberts Michael S and Roberts Stacie Shepherd
Seller's Agent
Randy Towery
SOHO Islands Real Estate Inc.
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$550,000
Sold Price
$505,000
Premium/Discount to List
-$45,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$378,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Hamilton John and Hamilton Barbara Marie
Bought by
Brooks Troy and Brooks Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Toal Shawn G $698,000 None Available
Bridgewater Properties Llc -- None Available
Roberts Michael S $505,000 None Available
Brooks Troy $800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toal Shawn G $552,000
Previous Owner Roberts Michael S $378,750
Previous Owner Brooks Troy $119,200
Previous Owner Brooks Troy $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2019 04/15/19 Sold $698,000 -3.0% $317 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $719,900 +42.6% $327 / Sq Ft
04/12/2017 04/12/17 Sold $505,000 -8.2% $230 / Sq Ft View Prior Sale
03/23/2017 03/23/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $550,000 -- $250 / 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 $4,299 $1,020,760 $445,000 $575,760
2024 $4,299 $1,020,760 $445,000 $575,760
2023 $3,911 $1,020,760 $445,000 $575,760
2022 $3,911 $676,430 $225,000 $451,430
2021 $3,851 $676,430 $225,000 $451,430
2020 $3,801 $676,430 $225,000 $451,430
2019 $3,815 $245,380 $225,000 $20,380
2018 $2,686 $171,970 $170,000 $1,970
2017 $2,460 $170,000 $170,000 $0
2016 $2,410 $170,000 $170,000 $0
2015 $2,410 $408,980 $170,000 $238,980
2014 $1,935 $350,560 $170,000 $180,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100153403

Hive MLS

APN: 249DD011