NOT LISTED FOR SALE

524 Norton St Oak Island, NC 28465

Estimated Value: $534,995 - $764,000

0.13 Acre
$4,798,069 Price per Acre
5,663 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $40,000

Est. 1,459% increase in value since last sale

Current estimated payment $3,439/month

41 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Property fronts a marsh
  • Southport Elementary School Rated 9+
  • No HOA

About This Lot

As of August 2016

Rare opportunity to own this beautiful marsh front lot with ICW views in the original and desirable Yaupon Village area of Oak Island. This established and quiet neighborhood is convenient to the beach, restaurants, pier, golf course, shopping, and the Oak Island Bridge - a wonderful location for building your coastal dream home.

Last Agent to Sell the Property

Katherine Hufham

Southport Realty, Inc. License #232282 Listed on: 06/16/2016

Last Buyer's Agent

Katherine Hufham

Southport Realty, Inc. License #232282 Listed on: 06/16/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $201

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 69' x 97' x 74' x 67'
  • Property fronts a marsh
  • Wooded Lot

Property Views

  • Water Views

Schools

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

Community Details

  • No Home Owners Association
  • Yaupon Beach Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 250cg042

Property Details

Property Type

Land

Est. Annual Taxes

$201

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Wooded
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 69

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 2602
  • Deed Page: 905.00
  • Lot Description: Wooded
  • Lot Dimensions: 69' x 97' x 74' x 67'
  • Lot Number: 13
  • Lot Sq Ft: 5663.00
  • Lot Water Features: Marsh Front
  • Plat Page: R
  • Zoning: Residential
  • Acres: 0.13
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No, Unknown
  • Flood Zone: Yes
  • List Price per Acre: 384615.38
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 13

Tax Info

  • Tax Identifier: 250cg042
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 66.00
  • Total Real Estate Property Taxes: 201.40

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
Dec 11, 2023
Sold by
Johnson Michael C and Johnson Janet C
Bought by
Johnson Living Trust and Johnson
Current Estimated Value
$623,749

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 30, 2016
Sold by
Howard Jesse R and Howard Dudley B
Bought by
Johnson Michael C and Johnson Janet C
Seller's Agent
Katherine Hufham
Southport Realty, Inc.
Buyer's Agent
Katherine Hufham
Southport Realty, Inc.
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.97%
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
Johnson Living Trust -- None Listed On Document
Johnson Michael C $40,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $40,000 -20.0% --
07/27/2016 07/27/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $50,000 -- --
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 $2,018 $475,970 $127,500 $348,470
2024 $2,018 $475,970 $127,500 $348,470
2023 $1,528 $475,970 $127,500 $348,470
2022 $1,528 $256,720 $60,000 $196,720
2021 $1,498 $256,720 $60,000 $196,720
2020 $1,473 $256,720 $60,000 $196,720
2019 $1,473 $62,510 $60,000 $2,510
2018 $1,705 $122,670 $120,000 $2,670
2017 $139 $24,000 $24,000 $0
2016 $136 $24,000 $24,000 $0
2015 $136 $24,000 $24,000 $0
2014 $155 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100017069

Hive MLS

APN: 250CG042