NOT LISTED FOR SALE

5400 E Yacht Dr Unit D8 Oak Island, NC 28465

Estimated Value: $405,000 - $482,000

2 Beds
2 Baths
888 Sq Ft
$483/mo HOA Fee

Last Sold December 16, 2019

Last sale price $264,000 $297 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,055/month

51 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Boat Ramp
  • Southport Elementary School Rated 9+
  • Marina View
  • Boat Slip

About This Home

As of December 2019

This furnished condo comes with a million dollar view and a 35' boat slip. Have the best of both worlds with maintenance free living and your boat in the water just steps away from you door. Not a boater? You can rent your slip. In addition to the Marina, this property offers swimming pools, a private dog friendly island and a waterfront clubhouse. Being sold furnished posh coastal, so you can begin living the dream immediately. This takes island living to a whole new level with the beach, shops and dining just down the street. If you like sunsets, imagine watching them from your balcony April through August. One of the 6 condos completely rebuilt in 2014 with everything new. Owners are downsizing to live aboard a boat. Don't let this one get away, come see it today!

Last Agent to Sell the Property

Hank Troscianiec & Associates

Keller Williams Innovate-OKI Listed on: 09/29/2019

Keller Williams Innovate-OKI

Last Buyer's Agent

Marcia Erwin

Sea Glass Realty LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Chain Link Fence
  • Irrigation

HOA Fees

  • $483 Monthly HOA Fees

Property Views

  • Marina
  • Intracoastal
  • Creek or Stream

Home Design

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

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Stove
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

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

Outdoor Features

  • Access to marsh
  • Deep Water Access
  • Property is near a marina
  • Bulkhead
  • Boat Ramp
  • Boat Slip
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 236ia00837

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Security Lighting
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$483 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, Marina Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Walk-In Closet, Walk-in Shower, Solid Surface, Furnished
  • Laundry Location: Closet
  • List Price per Sq Ft: 309.57
  • 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, Storm Windows, Shutters - Board/Hurricane
  • Exterior Finish: Vinyl Siding
  • Fencing: Chain Link, Full
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Lighted, On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Water, Trash, Termite Bond, Taxes, Sewer, RV/Boat Storage, Roof, Community Pool, Master Insure, Marina, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Gated, Flood Insurance, Clubhouse, Boat Slip - Assign
  • HOAAssociationFee1Year: 5796.00

Lot Info

  • Deed Page: 1103.00
  • Lot Description: Dead End
  • Lot Water Features: Boat Dock, Water Access Comm, Waterfront Comm, Water Depth 4+, Salt Marsh, Bulkhead, Boat Slip, Boat Ramp
  • Zoning: Res-Multifamily
  • Lot View Type: Creek View, Water View, ICW View, Marina View

Green Features

  • Green Bldg Features: Energy Star Appl, Prog Thermostats, High Eff Toilets

Tax Info

  • Tax Identifier: 236ia00837
  • Tax Year: 2018

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Kramer Garde and Kramer Michele
Bought by
Stevens Virginia Holliday
Current Estimated Value
$460,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$234,146
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$221,012

Purchase Details

Listed on
Sep 29, 2019
Closed on
Dec 13, 2019
Sold by
Werder Bruce Joseph and Werder Lea Anne
Bought by
Kramer Garde and Kramer Michele
Seller's Agent
Hank Troscianiec & Associates
Keller Williams Innovate-OKI
Buyer's Agent
Marcia Erwin
Sea Glass Realty LLC
List Price
$274,900
Sold Price
$264,000
Premium/Discount to List
-$10,900
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Dec 18, 2017
Sold by
Smothers Benton Stacy and Smothers Rebecca Sugg
Bought by
Werder Bruce Joseph and Werder Lea Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Smothers Thomas Garland and Smothers Cynthia Singleton
Bought by
Smothers Benton Stacy and Smothers Rebecca Sugg

Purchase Details

Closed on
Dec 30, 2009
Sold by
Smothers James Edward
Bought by
Smothers Thomas Garland and Smothers Cynthia Singleton
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
Stevens Virginia Holliday $480,000 None Listed On Document
Stevens Virginia Holliday $480,000 None Listed On Document
Kramer Garde $264,000 None Available
Werder Bruce Joseph $224,000 None Available
Smothers Benton Stacy -- None Available
Smothers Thomas Garland $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Virginia Holliday $240,000
Closed Stevens Virginia Holliday $240,000
Previous Owner Werder Bruce Joseph $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $264,000 -4.0% $297 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
09/29/2019 09/29/19 For Sale $274,900 -- $310 / 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 $1,116 $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 $974 $0 $0 $0
2017 $974 $0 $0 $0
2016 $962 $0 $0 $0
2015 $962 $173,620 $0 $173,620
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: 100186361

Hive MLS

APN: 236IA00837