NOT LISTED FOR SALE

5400 E Yacht Dr Unit C2 Oak Island, NC 28465

Estimated Value: $382,678 - $459,000

2 Beds
2 Baths
888 Sq Ft
$591/mo HOA Fee

Last Sold August 27, 2021

Last sale price $272,500 $307 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,704/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Marina
  • Marina View
  • Southport Elementary School Rated 9+
  • Boat Dock
  • Boat Slip

About This Home

As of August 2021

Prepare to be dazzled by this newly renovated condo with your very own boat slip on the Intracoastal Waterway (ICW). Grab your flip flops and enjoy the coastal lifestyle. The Sellers are leaving the lucky Buyers the furnishings, wall art, floor coverings and appliances with a few exceptions. All new flooring, appliances, baths, kitchen and HVAC in 2020. The Master boasts a walk-in closet and en suite bath. Enjoy Island living with the best of both worlds, beach life and boating life. Meander across the new walking bridge to the private island to lounge by the pool or sit in the shade of the gazebo watching the waterway cruisers or escape to Oak Island's quaint beach just five blocks away. Sit under an umbrella with a cocktail at the mainland pool and socialize with friends. Like sunsets? Imagine watching them from the marina April through August. This is an amazing community with an abundance of amenities to indulge you, a clubhouse w/full kitchen, 2 swimming pools, private island, fish cleaning station, gated parking, dog walking area, huge ice machine and of course the marina. All conveniently located in between the Oak Island Nature Center and the public boat launch. BOAT SLIP #33 PER DEED.

Last Agent to Sell the Property

Hank Troscianiec & Associates

Keller Williams Innovate-OKI Listed on: 07/22/2021

Keller Williams Innovate-OKI

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $878

Year Built

  • Built in 1985

Lot Details

  • Property fronts a marsh
  • Chain Link Fence
  • Irrigation

HOA Fees

  • $591 Monthly HOA Fees

Property Views

  • Marina
  • Intracoastal
  • Canal

Home Design

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

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Lighted Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Access to marsh
  • Deep Water Access
  • Property is near a marina
  • Bulkhead
  • Boat Slip
  • Balcony
  • Covered Patio or Porch
  • Gazebo

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 236ia00822

Community Details

Overview

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

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Tennis Courts
  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$878

Year Built

Built in 1985

Lot Details

0

HOA Fees

$591 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 1985
  • Road Frontage Type: ICW Front, Marsh Front, Marina Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-In Closet, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 315.20
  • 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: Irrigation System, Security Lighting
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Gazebo
  • Fencing: Chain Link
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Membrane, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Lighted, Paved, Shared, On Site, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Picnic Area, Water, Trash, Termite Bond, Tennis Court(s), Taxes, Street Lights, Sidewalk, Sewer, Roof, Maint - Comm Areas, Marina, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Gated, Flood Insurance, Clubhouse, Boat Slip - Assign
  • HOAAssociationFee1Year: 7090.00

Lot Info

  • Deed Page: 382.00
  • Lot Description: Open
  • Lot Water Features: Boat Dock, Water Access Comm, Waterfront Comm, Water Depth 4+, Salt Marsh, Deeded Water Access, Deeded Waterfront, Bulkhead, Boat Slip
  • Zoning: OK-CR
  • Lot View Type: Canal View, Water View, ICW View, Marsh View, Marina View

Green Features

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

Tax Info

  • Tax Identifier: 236ia00822
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 878.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 24, 2021
Sold by
Woodall Holding Co Llc
Bought by
Young David Austin and Young Heather Dawn
Seller's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
Buyer's Agent
A Non Member
A Non Member
List Price
$279,900
Sold Price
$272,500
Premium/Discount to List
-$7,400
-2.64%
Current Estimated Value
$382,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,846
Avg. Annual Appreciation
9.70%
Original Mortgage
$218,000
Outstanding Balance
$197,931
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,239

Purchase Details

Closed on
Jun 28, 2018
Sold by
Macneil John Joseph and Macneil Karen R
Bought by
Woodall Holdings Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2005
Sold by
Hatcher Hanson R and Hatcher Carolyn R
Bought by
Macneil John Joseph and Macneil Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young David Austin $13,000 Accommodation
Woodall Holdings Company Llc $149,000 None Available
Macneil John Joseph $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young David Austin $218,000
Previous Owner Woodall Holdings Company Llc $135,000
Previous Owner Macneil John Joseph $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $272,500 -2.6% $307 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $279,900 0.0% $315 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $279,900 +2.7% $315 / Sq Ft
07/22/2021 07/22/21 Off Market $272,500 -- --
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 $1,246 $299,940 $0 $299,940
2024 $1,246 $299,940 $0 $299,940
2023 $906 $299,940 $0 $299,940
2022 $906 $155,390 $0 $155,390
2021 $0 $155,390 $0 $155,390
2020 $878 $155,390 $0 $155,390
2019 $878 $0 $0 $0
2018 $685 $0 $0 $0
2017 $685 $0 $0 $0
2016 $673 $0 $0 $0
2015 $673 $118,620 $0 $118,620
2014 $676 $129,700 $0 $129,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100282240

Hive MLS

APN: 236IA00822