NOT LISTED FOR SALE

5400 E Yacht Dr Unit B12 Oak Island, NC 28465

Estimated Value: $400,000 - $473,000

2 Beds
2 Baths
888 Sq Ft
$600/mo HOA Fee

Last Sold September 28, 2021

Last sale price $346,758 $390 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,113/month

18 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Marina
  • Boat Dock
  • Southport Elementary School Rated 9+
  • Views of a Sound
  • Home fronts a sound

About This Home

As of September 2021

Take pleasure in spectacular views of the Intracoastal Waterway from this top floor, furnished 2-bedroom, 2-bath condominium in beautiful Dutchman Creek Villas. Bring your boat - this home includes a deeded boat slip! Brand new HVAC system. Enter this bright, open space that features water views, wide vinyl plank flooring, handsome boarded ceiling and recessed lighting, a moveable kitchen island, and a covered waterfront deck with living area and master bedroom access. Perfect for those who desire carefree living so there's more time to spend on the water or at the beach (only 3 minutes away)! Owners will appreciate a gated entrance, private marina, lush landscaped grounds, 2 swimming pools (one waterside), clubhouse, hassle-free exterior maintenance, and boat/trailer storage. Ideally located near beach fun, shopping, and restaurants plus quick bridge access for day trips to Myrtle Beach and Wilmington. Wonderful opportunity for a permanent residence, a second home, or long-term rental investment. Have a look today, it's move-in ready!

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 07/31/2021

Last Buyer's Agent

Lisa Fosbury

Sea Glass Realty LLC License #228981

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Property fronts a marsh
  • Home fronts a sound
  • Fenced Yard

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Marina
  • Intracoastal

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 888 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tray Ceiling
  • Combination Dining and Living Room
  • Stove

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Lighted Parking
  • On-Site Parking
  • Secure Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boat Slip
  • Balcony
  • Deck
  • Open Patio
  • Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 236ia00820

Community Details

Overview

  • Master Insurance
  • Dutchman Creek Villas Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Community Pool

Additional Features

  • Clubhouse
  • Security Lighting

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1985
  • Road Frontage Type: ICW Front, Sound Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Furnished, Ceiling - Trey
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 416.55
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 888.00
  • Total Heated Primary Separate Sq Ft: 888.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Open, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Lighted, Security, On Site

Utilities

  • Appliances Equipment: Dryer, Refrigerator, Washer, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Maint - Comm Areas, Master Insure, Marina, Community Pool, Flood Insurance, Clubhouse, Boat Slip - Assign
  • HOAAssociationFee1Year: 7200.00

Lot Info

  • Deed Page: 288.00
  • Lot Water Features: Boat Dock, Water Access Comm, Deeded Water Access, Boat Slip
  • Zoning: Residential
  • Lot View Type: ICW View, Water View, Sound View, Marsh View, Marina View

Tax Info

  • Tax Identifier: 236ia00820
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Aug 12, 2021
Sold by
Wippel Scott L
Bought by
Bonnell Wayne and Bonnell Deborah
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Lisa Fosbury
Sea Glass Realty LLC
List Price
$369,900
Sold Price
$346,758
Premium/Discount to List
-$23,142
-6.26%
Current Estimated Value
$449,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,548
Avg. Annual Appreciation
6.32%
Original Mortgage
$289,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jun 23, 2014
Sold by
Ford Bruce R and Ford Kathryn D
Bought by
Wippel Scott L
Seller's Agent
Susan Ayers
Clickit Realty
Buyer's Agent
Non Member
LandHub.com
List Price
$235,000
Sold Price
$185,000
Premium/Discount to List
-$50,000
-21.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bonnell Wayne $347,000 None Available
Wippel Scott L -- None Available
Wippel Scott L $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wippel Scott L $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2021 09/28/21 Sold $346,758 -6.3% $390 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
07/31/2021 07/31/21 For Sale $369,900 +99.9% $417 / Sq Ft
06/24/2014 06/24/14 Sold $185,000 -21.3% $231 / Sq Ft View Prior Sale
06/04/2014 06/04/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $235,000 -- $293 / 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 $1,823 $451,020 $0 $451,020
2024 $1,823 $451,020 $0 $451,020
2023 $1,120 $451,020 $0 $451,020
2022 $1,120 $196,170 $0 $196,170
2021 $1,120 $196,170 $0 $196,170
2020 $1,092 $196,170 $0 $196,170
2019 $1,092 $0 $0 $0
2018 $1,004 $0 $0 $0
2017 $1,004 $0 $0 $0
2016 $992 $0 $0 $0
2015 $992 $179,420 $0 $179,420
2014 $825 $160,660 $0 $160,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100284191

Hive MLS

APN: 236IA00820