$522,000
SOLD AUG 28, 2020

5416 W Beach Dr Oak Island, NC 28465

4 Beds
3 Baths
1,769 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$295 Per Sq Ft

5% Below List Price

11 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Formal Dining Room
  • Deck
  • No HOA
  • Porch

About This Home

As of August 2020

This rare Oak Island Triplex has ocean and intracoastal views. Each unit has its own entrance, Full Kitchen, Laundry room, Balcony/Porch and they all come fully furnished. Located second row from the ocean and producing $45,000 a year in rental income, this property has it all. You have to come see this incredible beach bargain! Additional 2 Bedrooms, 1 Bathroom and 890sqft not referenced in the above Bedroom, Bathroom and Square Footage numbers.

Last Agent to Sell the Property

Ethan Martin

Coldwell Banker Sea Coast Advantage Listed on: 07/13/2020

Last Buyer's Agent

Shawna Steele

Hilderbran & Steele Realty LLC License #247300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,059

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R-6

Home Design

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

Interior Spaces

  • 1,769 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Formal Dining Room
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

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

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Pinners Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233me007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,059

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: None
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Ceiling Fan(s), Furnished
  • List Price per Sq Ft: 310.34
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 10
  • Sq Ft Heated: 1769.00
  • Total Heated Primary Separate Sq Ft: 1769.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Doors, Storm Windows
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 534.00
  • Lot Acres: 0.17
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 7405.00
  • Lot Water Features: Second Row
  • Plat Book: J
  • Plat Page: 200
  • Zoning: R-6
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 233me007
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 27, 2020
Sold by
Gardner Kevin A and Gardner Karen Z
Bought by
Marsh Douglas I and Marsh Teri Thomas
Seller's Agent
Ethan Martin
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Shawna Steele
Hilderbran & Steele Realty LLC
List Price
$549,000
Sold Price
$522,000
Premium/Discount to List
-$27,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.17%

Purchase Details

Closed on
Aug 1, 2002
Bought by
Gardner Kevin A Et Karen Z
Source: Public Records

Similar Homes in the area

  • 210 NE 62nd St, Oak Island, NC 28465

    $575,000

    • 4 Beds
    • 2 Baths
    • 1,900 Sq Ft
    • 210 NE 62nd St
    • Oak Island, NC

    YOUnique home in premium LSV zone! That's right, the beach, shopping & town amenities are nearby & you may use your LSV (golf cart) to get to it all! This home was built to last with thicker walls/concrete block. Carolina room for extra gathering space. Wait, there is even more with detached and attached storage/workshop. Ideally situated and convenient to beach access yet NOT in Fema spf flood

    Kim Anderson Art Skipper Realty Inc.

    Section Image
  • 125 NW 14th St, Oak Island, NC 28465

    $579,000

    • 4 Beds
    • 2 Baths
    • 1,464 Sq Ft
    • 125 NW 14th St
    • Oak Island, NC

    Discover the perfect coastal retreat in this beautifully fully furnished 4-bedroom, 2-bathroom home, ideally located on Oak Island, North Carolina. Just minutes away from the beach, this property offers the ideal blend of modern comfort and beachside charm.Step inside to find an inviting floor plan, with a combination of tile and luxurious LVP flooring that flows seamlessly throughout the home.

    Edwin Burnett Better Beach Sales & Rentals, Inc.

    Section Image
  • 904 W Oak Island Dr, Oak Island, NC 28465

    $577,700

    • 4 Beds
    • 2.5 Baths
    • 1,768 Sq Ft
    • 904 W Oak Island Dr
    • Oak Island, NC

    Looking for that special island home on the quiet, west end of Oak Island that is large enough for your growing family...(children, grandchildren and friends) and everyone has a bedroom? WELCOME HOME! This 4 BD 2.5 BA ''beach beauty'' includes plenty of space; inside and out. The large, covered front porch is welcoming and great for your morning coffee or afternoon, refreshing drink. The

    Howard Mullendore Margaret Rudd Assoc/O.I.

    Section Image
  • 137 NW 9th St, Oak Island, NC 28465

    $599,000

    • 4 Beds
    • 5 Baths
    • 2,246 Sq Ft
    • 137 NW 9th St
    • Oak Island, NC

    Check out this rare opportunity to own 2.5 lots in Oak Island with majestic twisting Oak trees. This 4-bedroom 5 full bath home is ideal for beach living with spacious kitchen, dining and living room. Master bedroom is on the 1st floor with 3 additional bedrooms upstairs. The library and laundry area are conveniently located on the main floor. Front and rear sunrooms offer comfortable setting to

    Rhe Helms Coastal Lights Realty

    Section Image
  • 126 NW 5th St, Oak Island, NC 28465

    $649,000

    • 4 Beds
    • 2 Baths
    • 1,585 Sq Ft
    • 126 NW 5th St
    • Oak Island, NC

    Don't Let the Age Fool You. Step inside the large, gorgeous 4 bedroom 2 bath home. With this many bedrooms you will be glad you have an oversized gourmet kitchen with Bosch Appliances and plenty of seating around the island. The custom made built in with fireplace can keep you warm on those chilly winter evenings. Rock away on the front porch or enjoy the backyard within your screen porch.

    Denise Pacula Denise Pacula Realty

    Section Image
  • 126 N Middleton Ave, Oak Island, NC 28465

    $575,000

    • 4 Beds
    • 4 Baths
    • 1,694 Sq Ft
    • 126 N Middleton Ave
    • Oak Island, NC

    Discover coastal living at its finest at 126 S Middleton Ave, Oak Island, NC. This stunning 3-story new construction home, built by the esteemed Source Contracting Solutions, offers 1,694 square feet of thoughtfully designed space. Featuring 4 bedrooms and 4 bathrooms, this property is perfect for those seeking a beach retreat or a high-yield rental investment.The home includes a spacious 2-car

    Jeremiah Barnett Keller Williams Innovate-Wilmington

    Section Image
  • 126 NE 1st St, Oak Island, NC 28465

    $615,000

    • 4 Beds
    • 2 Baths
    • 1,444 Sq Ft
    • 126 NE 1st St
    • Oak Island, NC

    This rare 4 bedroom is just a few blocks from the beach. 126 NE 1st Street offers the best of coastal living with thoughtful updates and major system upgrades already in place. Whether you're seeking a primary residence, a second home, or a beach rental investment, this property is move-in ready, partially furnished and full of value.This 4-bedroom, 2-bath home features a private backyard with

    Jordan Breasseale RE/MAX Southern Coast

    Section Image
  • 2609 E Pelican Dr, Oak Island, NC 28465

    $615,000

    • 4 Beds
    • 2 Baths
    • 1,088 Sq Ft
    • 2609 E Pelican Dr
    • Oak Island, NC

    How many times have I heard ''let me know when you have a home that is a great deal.'' Well, here it is...the Best Value on the Beach! This incredibly priced, cozy and comfortable 4 Bedroom, 2 Full Bathroom beach cottage rests on a well-manicured lot with majestic palms flanking each side of the entrance and gravel driveway which fronts a fenced-in yard for your puppies to run complemented with

    Brendan Gordon Coastal Development & Realty Oak Island

    Section Image
  • 3377 Island Lakes Dr, Bolivia, NC 28422

    $531,500

    • 4 Beds
    • 3 Baths
    • 2,249 Sq Ft
    • 3377 Island Lakes Dr
    • Bolivia, NC

    Welcome to the Plum Island II by Trusst Builder Group. As you enter the home you will be greeted by an open foyer. A guest bedroom and full bath are off a privacy hall to the left. Entry to the two-car garage and laundry room are off a similar hall to the right. Next you'll pass a third bedroom or office space that is just off the family room. The family room, has a coffered ceiling, fireplace,

    Debbie Williams Coldwell Banker Sea Coast Advantage-Leland

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $522,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $395,000 New Conventional
Previous Owner $417,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Price Changed $1,000,000 -9.1% $376 / Sq Ft
12/03/2024 12/03/24 For Sale $1,100,000 +110.7% $414 / Sq Ft
08/28/2020 08/28/20 Sold $522,000 -4.9% $295 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $549,000 -- $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
2024 $3,059 $680,970 $405,000 $275,970
2023 $2,312 $680,970 $405,000 $275,970
2022 $2,171 $362,870 $185,000 $177,870
2021 $2,205 $362,870 $185,000 $177,870
2020 $2,171 $362,870 $185,000 $177,870
2019 $2,171 $185,000 $185,000 $0
2018 $2,001 $330,090 $175,000 $155,090
2017 $1,999 $175,000 $175,000 $0
2016 $1,949 $175,000 $175,000 $0
2015 $1,949 $330,090 $175,000 $155,090
2014 $2,229 $417,400 $300,000 $117,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100226645

Hive MLS

APN: 233ME007