NOT LISTED FOR SALE

5400 E Yacht Dr Unit D7 Oak Island, NC 28465

Estimated Value: $457,188 - $485,000

2 Beds
2 Baths
880 Sq Ft
$375/mo HOA Fee

Last Sold February 08, 2019

Last sale price $250,000 $284 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,992/month

73 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 February 2019

Water front Condo on the 1st floor, 2bdrm 2 ba the unit was taken down to the studs everything is new including plumping and electrical, quartz bar and counter top, tile flooring, custom cabinets, luxury vinyl flooring thru out. Both baths have walk in glass showers, large laundry room with front load washer and dryer. A nice balcony facing the marina, this unit includes a deep water boat silp. A owners pool and a secondary pool for guest/renters. Dry boat storage and private parking for owners.

Last Agent to Sell the Property

Libba Motsinger

Lynda Haraway Group, Inc. Listed on: 10/23/2018

Last Buyer's Agent

Hank Troscianiec & Associates

Coldwell Banker Sea Coast Advantage

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Ice Maker
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking
  • Secure Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Slip
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot d-7
  • Assessor Parcel Number 236ia00836

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Lighting
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$375 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: One
  • Year Built: 1985
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Pantry, Walk-In Closet, Walk-in Shower, Solid Surface, Smoke Detectors, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 315.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 880.00
  • Total Heated Primary Separate Sq Ft: 880.00

Exterior Features

  • Exterior Features: DP50 Windows, Irrigation System, Storm Windows, Security Lighting
  • Exterior Finish: Vinyl Siding, Wood 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: Composition
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Garage And Parking R V Boat Spaces: 2.00
  • Parking Driveway: On Site, Security, Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Ice Maker, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Trash, Termite Bond, Taxes, Street Lights, Sidewalk, Roof, Community Pool, Master Insure, Marina, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Flood Insurance, Clubhouse, Boat Slip - Assign
  • HOAAssociationFee1Year: 4500.00

Lot Info

  • Deed Page: 707.00
  • Lot Number: d-7
  • Lot Water Features: Boat Dock, Water Depth 4+, Deeded Waterfront, Bulkhead, Boat Slip
  • Zoning: SRC
  • Lot View Type: ICW View, Marina View

Tax Info

  • Tax Identifier: 236ia00836
  • Tax Year: 2017

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Feb 4, 2019
Sold by
Lawson Mark and Lawson Deanne
Bought by
Hicks Brian Thomas and Hicks Heidi Elizabeth
Seller's Agent
Libba Motsinger
Lynda Haraway Group, Inc.
Buyer's Agent
Hank Troscianiec & Associates
Coldwell Banker Sea Coast Advantage
List Price
$277,000
Sold Price
$250,000
Premium/Discount to List
-$27,000
-9.75%
Current Estimated Value
$469,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,047
Avg. Annual Appreciation
9.59%
Original Mortgage
$188,000
Outstanding Balance
$163,103
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$305,944

Purchase Details

Closed on
Oct 18, 2013
Sold by
Wells Fargo Bank N A
Bought by
Lawson Mark and Lawson Deanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
4.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 5, 2007
Sold by
Wells Eric Davis and Wells Jacquline P
Bought by
Hair Michael P and Hair Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.08%
Mortgage Type
New Conventional
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
Hicks Brian Thomas $250,000 None Available
Lawson Mark $168,000 None Available
Hair Michael P $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Brian Thomas $188,000
Previous Owner Lawson Mark $159,600
Previous Owner Hair Michael P $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $250,000 -9.7% $284 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $277,000 -- $315 / 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 $1,819 $449,940 $0 $449,940
2024 $1,819 $449,940 $0 $449,940
2023 $1,116 $449,940 $0 $449,940
2022 $1,101 $195,390 $0 $195,390
2021 $1,101 $195,390 $0 $195,390
2020 $1,088 $195,390 $0 $195,390
2019 $1,088 $0 $0 $0
2018 $948 $0 $0 $0
2017 $948 $0 $0 $0
2016 $935 $0 $0 $0
2015 $935 $168,620 $0 $168,620
2014 $821 $159,700 $0 $159,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100137793

Hive MLS

APN: 236IA00836