NOT LISTED FOR SALE

5516 E Beach Dr Oak Island, NC 28465

Estimated Value: $799,535 - $980,000

4 Beds
2 Baths
1,224 Sq Ft
$718/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $435,000 $355 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,847/month

9 Days on Market

Highlights

  • Water Views
  • Furnished
  • Covered Patio or Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Outdoor Shower

About This Home

As of December 2019

''Oregon Trio'' is a 2nd row beach cottage with amazing views spanning from East to West. Start your day with brilliant sunrises and end it watching the sky become art while the sun sets off to the west. This home is being sold fully furnished with minimal exclusions, HVAC was replaced by Bell's Supply in April of 2019, roof was replaced in 2017 per seller, has nice lower level storage area and outside shower. You will love the covered front porch that currently offers unobstructed ocean views. Grilling is easy off the back deck. Inside has 4 bedrooms & 2 bathrooms. Coastal decor accents the feel of this cottage. Rental history over the years are 2016- $24,729; 17'-$23,278; 18' -$21,662.14 & 19' - $26,143. Central location is close to grocery stores, restaurants, town fields and more. Come on and take a look.....

Last Agent to Sell the Property

Brooke Rudd-Gaglie

Margaret Rudd Assoc/O.I. Listed on: 11/04/2019

Co-Listed By

Brooke Rudd

Margaret Rudd Assoc/O.I. License #207711

Last Buyer's Agent

Pat Proctor

Margaret Rudd Assoc/O.I. License #204923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1983

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned OK-R7

Home Design

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

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250ae029

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 1983

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: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Laundry Location: In Kitchen
  • List Price per Sq Ft: 355.39
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Sq Ft Heated: 1224.00
  • Total Heated Primary Separate Sq Ft: 1224.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Electric Cooktop, Dryer
  • Cooling System: Central Air
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 771.00
  • Lot Acres: 0.18
  • Lot Dimensions: 50x150x50x150 per BC GIS-Buyer to confirm w/survey
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Second Row
  • Zoning: OK-R7
  • Lot View Type: Ocean

Tax Info

  • Tax Identifier: 250ae029
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Dec 10, 2019
Sold by
Blackford Randall A and Blackford Barbara J
Bought by
Marney Brian A and Marney Fernanda A
Seller's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
Buyer's Agent
Pat Proctor
Margaret Rudd Assoc/O.I.
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$879,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,134
Avg. Annual Appreciation
12.71%
Original Mortgage
$348,000
Outstanding Balance
$307,412
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$571,722

Purchase Details

Closed on
Mar 1, 1994
Bought by
Blackford Randall A Et Barbara J
Source: Public Records

Range of Values:

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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
Marney Brian A $435,000 None Available
Blackford Randall A Et Barbara J $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marney Brian A $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2019 12/12/19 Sold $435,000 0.0% $355 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $435,000 -- $355 / 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 $2,830 $675,800 $445,000 $230,800
2024 $2,830 $675,800 $445,000 $230,800
2023 $2,223 $675,800 $445,000 $230,800
2022 $2,223 $380,520 $225,000 $155,520
2021 $2,193 $380,520 $225,000 $155,520
2020 $2,164 $380,520 $225,000 $155,520
2019 $2,143 $225,000 $225,000 $0
2018 $1,595 $276,230 $170,000 $106,230
2017 $1,575 $170,000 $170,000 $0
2016 $1,550 $170,000 $170,000 $0
2015 $1,550 $276,230 $170,000 $106,230
2014 $1,336 $256,170 $170,000 $86,170
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brooke Rudd-Gaglie

    Margaret Rudd Assoc/O.I.

    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Brooke Rudd

    Margaret Rudd Assoc/O.I.

  • Pat Proctor

    Buyer's Agent in 2019

    Pat Proctor

    Margaret Rudd Assoc/O.I.

    (910) 278-5213

    66 in this area

    81 Total Sales

    Pat Proctor
    Section Image
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Map

Source: Hive MLS

MLS Number: 100191686

Hive MLS

APN: 250AE029

North Carolina Brunswick County Oak Island 28465

5516 E Beach Dr, Oak Island, NC

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