NOT LISTED FOR SALE

5529 E Beach Dr Oak Island, NC 28465

Estimated Value: $956,000 - $1,070,000

3 Beds
2 Baths
1,152 Sq Ft
$886/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $899,000 $780 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,622/month

11 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Southport Elementary School Rated 9+
  • Furnished
  • Porch

About This Home

As of April 2022

CHARMING BEACH COTTAGE!!! Enjoy the intimate and relaxed atmosphere of this romantically, nostalgic beach cottage! Relax while watching an amazing sunrise or sunset from the wrap around porch with a view for miles surrounded by family and friends. The classic cedar shake siding and knotty pine throughout makes the cottage unique and cozy. Fully furnished vacation rental with a substantial rental history. 3 BR/2BA with an open floor plan makes this cottage perfect for entertaining with easy flow throughout living, dining, and kitchen. Spacious bedrooms for comfort and relaxation for those cozy nights! This beach cottage is a perfect location for family and friends to enjoy the beautiful beach of Oak Island with restaurants and shopping within walking distance. ACT NOW on this extraordinary discovery, schedule your showing today!!

Last Agent to Sell the Property

Amy Woodruff

Coastal Development & Realty Oak Island Listed on: 03/01/2022

Co-Listed By

Brendan Gordon

Coastal Development & Realty Oak Island License #264772

Last Buyer's Agent

Amy Woodruff

Coastal Development & Realty Oak Island Listed on: 03/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,375

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 53x148x52x147
  • Ocean Front
  • Property is zoned R7

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 250af009

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,375

Year Built

Built in 1961

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: 1961
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Gas Logs, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 780.38
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1152.00
  • Total Heated Primary Separate Sq Ft: 1152.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Steel Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 497.00
  • Lot Acres: 0.18
  • Lot Dimensions: 53X148X52X147
  • Lot Sq Ft: 7841.00
  • Special Assessments: Beach Nourishment
  • Zoning: R7
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 250af009
  • Tax Year: 2022

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Cafasso Bruce
Bought by
5529 E Beach Drive Llc
Current Estimated Value
$1,020,512

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 7, 2020
Sold by
Timberlake Cynthia Everhart
Bought by
Puryear Paul J and Puryear Courtney A
Seller's Agent
The CheekTeam Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
A Non Member
A Non Member
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.35%
Original Mortgage
$319,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2020
Closed on
May 20, 2020
Sold by
Timberlake Casper Hill
Bought by
Timberlake Cynthia Everhart
Seller's Agent
The CheekTeam Team
Keller Williams Innovate-OIB Mainland
Buyer's Agent
A Non Member
A Non Member
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2014
Closed on
Nov 26, 2014
Sold by
Nolan Byron and Nolan Lisa
Bought by
Timberlake Casper Hill and Timberlake Cynthia Everhart
Seller's Agent
Tricia Townsend
Wilkinson ERA Real Estate
Buyer's Agent
Tricia Townsend
Wilkinson ERA Real Estate
List Price
$284,500
Sold Price
$262,000
Premium/Discount to List
-$22,500
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
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
5529 E Beach Drive Llc -- None Listed On Document
5529 E Beach Drive Llc -- None Listed On Document
Puryear Paul J $399,000 None Available
Timberlake Cynthia Everhart -- None Available
Timberlake Casper Hill $26,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puryear Paul J $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2022 04/12/22 Sold $899,000 0.0% $780 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $899,000 +125.3% $780 / Sq Ft
07/09/2020 07/09/20 Sold $399,000 0.0% $399 / Sq Ft View Prior Sale
06/07/2020 06/07/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $399,000 +52.3% $399 / Sq Ft
11/26/2014 11/26/14 Sold $262,000 -7.9% $262 / Sq Ft View Prior Sale
11/18/2014 11/18/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $284,500 -- $284 / 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 $3,375 $831,020 $560,000 $271,020
2024 $3,375 $831,020 $560,000 $271,020
2023 $1,820 $831,020 $560,000 $271,020
2022 $1,820 $312,390 $245,000 $67,390
2021 $1,790 $312,390 $245,000 $67,390
2020 $1,765 $312,390 $245,000 $67,390
2019 $1,765 $245,000 $245,000 $0
2018 $1,525 $266,650 $225,000 $41,650
2017 $1,490 $225,000 $225,000 $0
2016 $1,465 $225,000 $225,000 $0
2015 $1,465 $259,980 $225,000 $34,980
2014 $1,558 $301,220 $250,000 $51,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100314493

Hive MLS

APN: 250AF009