NOT LISTED FOR SALE

5500 E Beach Dr Oak Island, NC 28465

Estimated Value: $736,485 - $867,000

2 Beds
1 Bath
768 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $675,000 $879 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,233/month

64 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Corner Lot
  • Southport Elementary School Rated 9+
  • Deck
  • No HOA

About This Home

As of September 2023

Motivated sellers, bring offers now! Sunrise to sunset -- enjoy salty sea breezes and ocean views that surprise and delight in every season! This adorable cottage is an Oak Island beach Classic. There are no waterfront homes blocking its water views, it is steps from the sand, and has all of the essentials for a weekend getaway, weeklong vacation, or longer escape from the hustle and bustle. Open Floor Plan Living-Kitchen-Dining space opens to a broad elevated oceanview deck, adding a perfect spot for morning coffee, sunning, napping, al fresco dining and more. Interiors have been updated throughout, including Cabinetry and fixtures, and off-street parking and established vegetation add to the conveniences. Our Carolina Coast is home to year-round boating, fishing, golf, tennis and other fun in the sun, plus a notable collection of restaurants, boutiques, cafes and nightspots. And just minutes away you'll find the charms and attractions of Southport's historic areas, shops and waterside dining, Wilmington, and Myrtle Beach. Don't miss out! Call today to schedule your showing.

Last Agent to Sell the Property

Lucy Vance

Coldwell Banker Sea Coast Advantage - SP License #174554 Listed on: 06/21/2023

Coldwell Banker Sea Coast Advantage - SP

Last Buyer's Agent

Michelle Robson

Century 21 Collective License #320823

Century 21 Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1964

Lot Details

  • 4,922 Sq Ft Lot
  • Lot Dimensions are 50 x 101 x 50.59 x 95
  • Corner Lot
  • Property is zoned R7

Home Design

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

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Laminate Flooring
  • Ocean Views

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 250ae017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1964

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: 1.0
  • Stories Levels: One
  • Year Built: 1964
  • Road Frontage Type: See Remarks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 908.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Sq Ft Heated: 768.00
  • Total Heated Primary Separate Sq Ft: 768.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Beach Access

Lot Info

  • Deed Page: 441.00
  • Lot Acres: 0.11
  • Lot Description: Corner Lot
  • Lot Dimensions: 50 x 101 x 50.59 x 95
  • Lot Sq Ft: 4922.00
  • Lot Water Features: Second Row
  • Zoning: R7
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 250ae017
  • Tax Year: 2023

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $675,000 -3.2% $879 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $697,500 -7.0% $908 / Sq Ft
06/21/2023 06/21/23 For Sale $750,000 -- $977 / 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 $2,167 $541,040 $445,000 $96,040
2024 $2,167 $541,040 $445,000 $96,040
2023 $1,613 $541,040 $445,000 $96,040
2022 $0 $290,140 $225,000 $65,140
2021 $0 $290,140 $225,000 $65,140
2020 $1,586 $290,140 $225,000 $65,140
2019 $1,551 $225,000 $225,000 $0
2018 $1,867 $343,710 $306,000 $37,710
2017 $1,867 $306,000 $306,000 $0
2016 $1,854 $306,000 $306,000 $0
2015 $1,854 $343,710 $306,000 $37,710
2014 $1,678 $337,430 $306,000 $31,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100390884

Hive MLS

APN: 250AE017