NOT LISTED FOR SALE

5227 E Beach Dr Oak Island, NC 28465

Estimated Value: $907,071 - $940,000

2 Beds
1 Bath
799 Sq Ft
$1,161/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $527,000 $660 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,926/month

Highlights

  • Furnished
  • Outdoor Shower
  • Wood Siding
  • Southport Elementary School Rated 9+
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of July 2021

Entered as a comparable sale

Last Agent to Sell the Property

Crystal McDaniel

Palm Realty, Inc. License #297487 Listed on: 10/01/2021

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 7,405

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room

Additional Features

  • Outdoor Shower
  • Property is zoned R-7

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Deed Book: 4492
  • Deed Page: 1034.00
  • Fencing: None
  • Listing I D: 100290511
  • Marketing City: Oak Island Beach
  • Secondary Subdivision: N/A
  • Stories: 1
  • Tax Year: 2020
  • Year Built: 1963
  • Zoning: R-7
  • Road Frontage Type: Oceanfront
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.17
  • Lot Size: 50x150x50x150
  • Lot Size Sq Ft: 7405.00
  • Road Frontage Type: City Street, State Road
  • Security Features: Security Lights
  • Association Amenities: None
  • Has H O A?: No
  • Listing Agent Email: Crystal@Palmrealtync.com
  • Co List Office Mls Id: 550002873
  • List Office Name: Palm Realty, Inc.
  • List Office Phone: 910-477-3641
  • Special Conditions: Standard
  • Contingent: 2021-07-16
  • Major Change: 2021-10-05
  • Major Change: Status Change
  • Modification Timestamp: 2026-01-19
  • Temp Off Market: 2021-07-16
  • On Market Date: 2021-10-01
  • Pending: 2021-10-05
  • Purchase Contract Date: 2021-07-16
  • Status Change: 2021-10-05
  • List A O R: Brunswick County Association of Realtors
  • Listing Contract: Exclusive Agency
  • M L S: Full Service
  • Sign: No
  • Photos Change Timestamp: 2021-10-04
  • M L S Status: Closed
  • Orig Sys Key: 20210913170100460249000000
  • Close Price: 527000.00
  • Original List Price: 550000.00
  • Original List Price: 550000.00
  • Standard Status: Closed
  • Subdivision Name: Not In Subdivision
  • Directions: East OKI Drive, left on SE 58th Street, turn right on E Beach, house is on left
  • Building Area Total: 799
  • Construction Type: Wood Siding
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Fireplace Features: None
  • Has Fireplace?: No
  • Foundation Details: Other, Pilings
  • Unit Levels: One
  • Is New Construction?: No
  • Patio And Porch Features: Porch
  • Room Types: Dining Area
  • Parcel#: 249de002
  • Tax Book Number: 1
  • Tax Map Number: 96
  • @id: https://api.sourceredb.com/odata/Property('9dd3e0ba19ee6a800180da89edd52264')
  • @etag: W/"YmluYXJ5J0FBQUFBQkJSUnpZPSc="
  • Sewer Provider: Municipal Sewer
  • Sold Exclusive Y N: No
  • V O W Entire Listing Display Y N: Yes
  • Current Price: 527000.00
  • Current Price Public: 527000.00
  • Island Or Mainland: Island
  • Seller Reputation: Has owned the property for at least one year
  • Living Area Range: 600 - 799
  • Office Exclusive Y N: No
  • Prospect Exempt Y N: No
  • In City Limits Y N: Yes
  • Broker Owner Y N: No
  • Cobra Zone Y N: No
  • Proposed Close Date: 2021-07-30
  • Photos Rights Held By Agent Y N: Yes
  • Remarks Written By Agent Y N: Yes
  • Tax Other Assessment Amount Frequency: N/A
  • Closed Timestamp: 2021-10-05T17:28:46Z
  • Back On Market Timestamp: 2021-10-01T17:36:37Z
  • Original On Market Timestamp: 2021-09-14T11:28:00Z
  • Pending Date: 2021-07-16
  • Active Under Contract Timestamp: 2021-10-05T17:27:46Z
  • On Market Contract Date: 2021-09-14
  • Unparsed First Line Address: 5227 E Beach Drive
  • List Price Per Sqft: 688.36
  • Close Price Per Sqft: 659.57
  • V O W Address Display Y N: Yes
  • V O W Automated Valuation Display Y N: Yes
  • V O W Consumer Comment Y N: Yes
  • Buyer Agent National Association Id: 0
  • Buyer Office National Association Id: 0
  • List Agent National Association Id: 579511559
  • List Office National Association Id: 550002873
  • A P I Modification Timestamp: 2026-01-19T06:31:44.308Z
  • Tax Amount: 1800.39
  • Permitted Use: Public
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Furnished
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 2
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 1.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Roof: Metal
  • Waterfront?: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: On Site

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Heating: Heat Pump
  • Heating Yn: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Jul 14, 2021
Sold by
Allen Daniel J and Allen Catherine M
Bought by
Perrin James Dennis and Banu Lisa Sayera
Seller's Agent
Crystal McDaniel
Palm Realty, Inc.
Buyer's Agent
Sally Seller
Non Member Office
List Price
$550,000
Sold Price
$527,000
Premium/Discount to List
-$23,000
-4.18%
Current Estimated Value
$927,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,768
Avg. Annual Appreciation
13.46%
Original Mortgage
$453,600
Outstanding Balance
$414,459
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$513,309

Purchase Details

Closed on
Nov 5, 2020
Sold by
Allen Daniel J and Allen Catherine M
Bought by
Allen Daniel J and Allen Catherine M

Purchase Details

Listed on
Aug 31, 2017
Closed on
Jun 26, 2018
Sold by
Ledden Mark and Anderson Susan
Bought by
Allen Daniel J and Allen Catherine M
Seller's Agent
Hank Troscianiec & Associates
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Burt Elmore
Coldwell Banker Sea Coast Advantage
List Price
$297,000
Sold Price
$281,130
Premium/Discount to List
-$15,870
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.18%
Original Mortgage
$271,746
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2005
Sold by
Epc Nc 25 Llc
Bought by
Ledden Mark and Anderson Susan

Purchase Details

Closed on
Jan 31, 2005
Sold by
Oneill Robert R
Bought by
Epc Nc 25 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Perrin James Dennis $527,000 None Available
Allen Daniel J -- None Available
Allen Daniel J $281,500 None Available
Ledden Mark -- None Available
Epc Nc 25 Llc $389,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perrin James Dennis $453,600
Previous Owner Allen Daniel J $271,746
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2021 09/14/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $550,000 +4.4% $688 / Sq Ft
07/30/2021 07/30/21 Sold $527,000 +87.5% $660 / Sq Ft
07/13/2018 07/13/18 Sold $281,130 -5.3% $338 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
08/31/2017 08/31/17 For Sale $297,000 -- $357 / 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 $1,458 $355,400 $225,000 $130,400
2024 $15 $355,400 $225,000 $130,400
2023 $1,828 $355,400 $225,000 $130,400
2022 $1,828 $326,930 $245,000 $81,930
2021 $1,815 $326,930 $245,000 $81,930
2020 $1,800 $326,930 $245,000 $81,930
2019 $1,779 $245,000 $245,000 $0
2018 $1,452 $262,520 $225,000 $37,520
2017 $1,451 $225,000 $225,000 $0
2016 $1,438 $225,000 $225,000 $0
2015 $1,428 $262,520 $225,000 $37,520
2014 $1,414 $280,970 $250,000 $30,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100290511

Hive MLS

APN: 249DE002