NOT LISTED FOR SALE

5525 E Beach Dr Oak Island, NC 28465

Estimated Value: $825,000 - $944,000

4 Beds
2 Baths
1,156 Sq Ft
$771/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $348,000 $301 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,920/month

221 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Wood Flooring
  • Southport Elementary School Rated 9+
  • Deck
  • Furnished

About This Home

As of October 2017

Charming 4BR/2 BA rustic ocean front vintage cottage with a quaint cabin feel & modern conveniences. Great investment property w\a large rental following. You will love the direct beach access & covered porch & sun deck,perfect for relaxing, watching sunrise & sunsets. Hardwood floors for easy upkeep. Unique & convenient location close to shopping, feels very private, no direct neighbor on either side. You can walk to the ice cream store, coffee house, restaurants & beach shops. Enjoy island activities such as bike riding, kayaking, fishing, mini golf & nearby movie theatre. Extra parking & hot/cold shower under house. Recent updates include ocean side 3 panel door, exterior paint, roof, HVAC, stove, fridge & fresh paint on floors. Fresh dunes in front of home & new fence added.

Last Agent to Sell the Property

Marsha Lovin Ferrell

Coldwell Banker Sea Coast Advantage License #240293 Listed on: 02/24/2017

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Hank Troscianiec & Associates

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Ocean Front
  • Property is zoned OK-R-7

Home Design

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

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Water Views
  • Storm Windows

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 250af011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,085

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1968
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Wash/Dry Connect, Furnished, Ceiling Fan(s), Blinds/Shades
  • List Price per Sq Ft: 315.74
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 1156.00
  • Total Heated Primary Separate Sq Ft: 1156.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Windows
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Open, Porch, Deck
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • 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: Community Sewer, Community Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 614.00
  • Lot Acres: 0.18
  • Lot Dimensions: 51/52 x 148/149
  • Lot Number: 13
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Ocean Side
  • Zoning: OK-R-7

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: 250af011
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1423.00
  • Total Real Estate Property Taxes: 3085.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Nguyen Nghia H
Bought by
Nghia Hieu Nguyen Living Trust
Current Estimated Value
$891,630

Purchase Details

Closed on
Mar 22, 2019
Sold by
Cuthbert Sally and Cuthbert David W
Bought by
Schenk Marsha C

Purchase Details

Listed on
Feb 24, 2017
Closed on
Oct 19, 2017
Sold by
Murray Kathleen B
Bought by
Nguyen Nghia H and Schrader Christopher Mark
Seller's Agent
Marsha Lovin Ferrell
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Hank Troscianiec & Associates
Coldwell Banker Sea Coast Advantage
List Price
$399,000
Sold Price
$348,000
Premium/Discount to List
-$51,000
-12.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$313,200
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2003
Bought by
Murray Michael Q Et Kathleen B
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
Nghia Hieu Nguyen Living Trust -- None Listed On Document
Nghia Hieu Nguyen Living Trust -- None Listed On Document
Schenk Marsha C -- None Available
Nguyen Nghia H $348,000 None Available
Murray Michael Q Et Kathleen B $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Nghia H $313,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Sold $348,000 -12.8% $301 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $399,000 -- $345 / 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 $3,030 $731,300 $560,000 $171,300
2024 $3,030 $731,300 $560,000 $171,300
2023 $2,105 $731,300 $560,000 $171,300
2022 $2,105 $360,330 $245,000 $115,330
2021 $2,072 $360,330 $245,000 $115,330
2020 $2,047 $360,330 $245,000 $115,330
2019 $2,017 $245,000 $245,000 $0
2018 $1,687 $297,590 $225,000 $72,590
2017 $1,687 $225,000 $225,000 $0
2016 $1,662 $225,000 $225,000 $0
2015 $1,662 $297,590 $225,000 $72,590
2014 $1,583 $307,380 $250,000 $57,380
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marsha Lovin Ferrell

    Coldwell Banker Sea Coast Advantage

    Section Image

  • H

    Buyer's Agent in 2017

    Hank Troscianiec & Associates

    Coldwell Banker Sea Coast Advantage

See All Agents

Map

Source: Hive MLS

MLS Number: 100049643

Hive MLS

APN: 250AF011

North Carolina Brunswick County Oak Island 28465

5525 E Beach Dr, Oak Island, NC

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