NOT LISTED FOR SALE

5400 E Yacht Dr Unit A3 Oak Island, NC 28465

Estimated Value: $354,000 - $410,000

2 Beds
2 Baths
888 Sq Ft
$625/mo HOA Fee

Last Sold February 10, 2023

Last sale price $305,000 $343 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,897/month

189 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Boat Slip
  • Boat Slip
  • Marina
  • Marina View
  • In Ground Pool

About This Home

As of February 2023

PRICE REDUCTION! Experience waterfront living in this lovely top-floor, 2-bedroom, 2-bath end unit with assigned boat slip in the Dutchman Creek Villas community. This well-maintained and updated condo comes furnished with a few exceptions. Recent upgrades include LVP flooring, stainless steel appliances as well as new shower, tub and surround. Catch the ocean breezes on the covered balcony with its pub table and chairs. Relax on the covered front corner breezeway, and enjoy beautiful Intracoastal Waterway views. Dutchman Creek has two beautiful pools; one in the center of the complex and the other on the waterfront. Other amenities include a clubhouse, boat storage area and gated parking lot. The public boat launch is conveniently located adjacent to the complex. If you don't have a boat, you can rent your slip for extra income. Dutchman Creek is very close to town amenities, but in a quiet location on E. Yacht Drive, great for biking, walking or golf carting. And the beach is less than a mile away! This condo would make a wonderful primary residence, second home or long-term rental.

Last Agent to Sell the Property

Mary McBride

Carolina Exclusives License #290818 Listed on: 07/10/2022

Last Buyer's Agent

Cody Gordon

Doe Creek Realty License #326551

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1985

Lot Details

  • 261

HOA Fees

  • $625 Monthly HOA Fees

Property Views

  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 888 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Lighted Parking
  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Property is near a marina
  • Bulkhead
  • Boat Slip
  • Balcony
  • Covered patio or porch

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Energy-Efficient Doors
  • End Unit
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 236ia00802

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Dutchman Creek Villas Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Boat Slip
  • RV or Boat Storage in Community
  • Marina
  • Waterfront Community
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,273

Year Built

Built in 1985

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3rd Floor Unit, End Unit
  • Year Built: 1985
  • Road Frontage Type: ICW Front, Marina Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Furnished, Walk-In Closet, Walk-in Shower, Smoke Detectors, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 365.99
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 888.00
  • Total Heated Primary Separate Sq Ft: 888.00

Exterior Features

  • Exterior Features: Security Lighting, Thermal Windows, Thermal Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking R V Boat Spaces: 1.00
  • Parking Driveway: Lighted, On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Slip - Assign, Termite Bond, Water, Trash, Pest Control, Sewer, RV/Boat Storage, Roof, Maint - Comm Areas, Master Insure, Marina, Management, Maintenance Structure, Maint - Grounds, Community Pool, Flood Insurance, Clubhouse
  • HOAAssociationFee1Year: 7500.00

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 594.00
  • Lot Water Features: Boat Slip, Water Access Comm, Waterfront Comm, Deeded Water Access, Bulkhead
  • Plat Book: 4
  • Plat Page: 59
  • Zoning: R
  • Horse Amenities: None
  • Lot View Type: ICW View, Marina View

Green Features

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

Tax Info

  • Tax Identifier: 236ia00802
  • Tax Year: 2021

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Jan 20, 2023
Sold by
Wilson Jennifer L and Wilson Barclay J
Bought by
Wilson Jennifer and Smith Crystal
Seller's Agent
Mary McBride
Carolina Exclusives
Buyer's Agent
Cody Gordon
Doe Creek Realty
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%
Views
108
Current Estimated Value
$395,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,684
Avg. Annual Appreciation
10.28%
Original Mortgage
$375,200
Outstanding Balance
$362,847
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$26,711

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 24, 2021
Sold by
Donaldson Charles William and Donaldson Leah Craven
Bought by
Wilson Jennifer L and Wilson Barclay J
Seller's Agent
Daniel Ward
Coastal Lights Realty
Buyer's Agent
Mary McBride
Carolina Exclusives
List Price
$285,900
Sold Price
$280,000
Premium/Discount to List
-$5,900
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$224,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2019
Closed on
Sep 15, 2020
Sold by
Mckenzie Robert Larry
Bought by
Donaldson Charles William and Donaldson Leah Craven
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Daniel Ward
Coastal Lights Realty
List Price
$224,900
Sold Price
$182,500
Premium/Discount to List
-$42,400
-18.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.14%
Original Mortgage
$164,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2017
Closed on
Sep 11, 2017
Sold by
Biddix Mark and Biddix Aaris
Bought by
Mckenzie Robert Larry
Seller's Agent
Mike Boswell
Margaret Rudd Assoc/O.I.
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$143,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 16, 2014
Closed on
Nov 5, 2014
Sold by
Tamson Richard and Tamson Elizabeth
Bought by
Biddix Mark and Biddix Aaris
Seller's Agent
Lynn Gulledge
Atlantic Realty Professionals, Inc
Buyer's Agent
Wyatt Gordon
Margaret Rudd Assoc/O.I.
List Price
$175,000
Sold Price
$147,500
Premium/Discount to List
-$27,500
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$132,750
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2005
Sold by
Simpson Wesley and Simpson Tracey
Bought by
Tamson Richard and Tamson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wilson Jennifer $305,000 --
Wilson Jennifer L $280,000 None Available
Donaldson Charles William $182,500 None Available
Mckenzie Robert Larry $165,000 None Available
Biddix Mark $147,500 None Available
Tamson Richard $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harper Marcia Kristen $375,200
Closed Wilson Jennifer $244,000
Previous Owner Wilson Jennifer L $224,000
Previous Owner Donaldson Charles William $164,250
Previous Owner Mckenzie Robert Larry $143,000
Previous Owner Biddix Mark $132,750
Previous Owner Tamson Richard $124,550
Previous Owner Tamson Richard $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $305,000 -6.2% $343 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
10/06/2022 10/06/22 Price Changed $325,000 -5.1% $366 / Sq Ft
09/16/2022 09/16/22 Price Changed $342,500 -2.1% $386 / Sq Ft
07/10/2022 07/10/22 For Sale $350,000 +25.0% $394 / Sq Ft
10/01/2021 10/01/21 Sold $280,000 -2.1% $315 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $285,900 +56.7% $322 / Sq Ft
09/23/2020 09/23/20 Sold $182,500 -18.9% $206 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $224,900 +36.3% $253 / Sq Ft
09/22/2017 09/22/17 Sold $165,000 -2.9% $186 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $169,900 +15.2% $191 / Sq Ft
11/07/2014 11/07/14 Sold $147,500 -15.7% $184 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $175,000 -- $218 / 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
2024 $1,273 $307,000 $0 $307,000
2023 $938 $307,000 $0 $307,000
2022 $0 $161,490 $0 $161,490
2021 $739 $161,490 $0 $161,490
2020 $910 $161,490 $0 $161,490
2019 $910 $0 $0 $0
2018 $739 $0 $0 $0
2017 $739 $0 $0 $0
2016 $727 $0 $0 $0
2015 $727 $128,880 $0 $128,880
2014 $706 $135,860 $0 $135,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100338194

Hive MLS

APN: 236IA00802