NOT LISTED FOR SALE

602 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,013,000 - $1,375,000

0.17 Acre
$6,804,176 Price per Acre
7,492 Sq Ft Lot

Last Sold March 01, 2012

Last sale price $164,500

Est. 603% increase in value since last sale

Current estimated payment $6,400/month

637 Days on Market

Highlights

  • Ocean View
  • Property fronts a marsh
  • Level Lot
  • Southport Elementary School Rated 9+

About This Lot

As of March 2012

Oceanviews and direct beach access right across the street from this street to street corner second row lot on East Beach in Oak Island. Perfect location for new home construction with nice proximity to new 2nd bridge and all that Oak Island has to offer. Fantastic price reduction. Priced well below current tax assessed value.

Last Agent to Sell the Property

Richard D'Anjolell

Essey & Associates, Inc. Listed on: 06/02/2010

Last Buyer's Agent

Wayne Morris

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property fronts a marsh
  • Level Lot
  • Cleared Lot

Property Views

  • Ocean
  • Canal
  • Creek or Stream

Community Details

  • Property has a Home Owners Association
  • East Beach Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 205619602917

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Auction: No
  • Deed Page: 285.00
  • Directions To Property: East Beach heading west. Lot on right corner of 6th and Beach.
  • H O A: Yes
  • H O Aand Neighborhood Amenities: See Remarks
  • Listing I D: 20648673
  • Location Type: Island
  • Lot Dimensions: 50X150
  • Lot Number: 15
  • Lot Sq Ft: 7492.00
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • Pre Direction: E
  • Road Type Frontage: Paved
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: East Beach
  • Tax Identifier: 205619602917
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: residential
  • Acres: 0.17
  • List Priceper Acre: 1052941.18
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Level
  • Lot Number2: 15
  • Lot View Type: Canal View, Creek View, Marsh View, Ocean View, Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2010
Closed on
Feb 29, 2012
Sold by
Coleman Rey R and Coleman Nancy D
Bought by
Evers Mary Beth and Evers Daniel Thomas
Seller's Agent
Richard D'Anjolell
Essey & Associates, Inc.
Buyer's Agent
Wayne Morris
Intracoastal Realty Corp
List Price
$330,000
Sold Price
$164,500
Premium/Discount to List
-$165,500
-50.15%
Current Estimated Value
$1,156,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$992,210
Avg. Annual Appreciation
15.10%
Original Mortgage
$374,800
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2010
Sold by
Coleman Rey R and Coleman Nancy D
Bought by
Coleman Rey R and Coleman Nancy D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Evers Mary Beth $164,500 None Available
Coleman Rey R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Evers Mary Beth $374,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $164,500 -50.2% --
02/29/2012 02/29/12 Pending -- -- --
06/02/2010 06/02/10 For Sale $330,000 -- --
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 $4,278 $988,300 $445,000 $543,300
2024 $43 $988,300 $445,000 $543,300
2023 $3,112 $988,300 $445,000 $543,300
2022 $3,112 $524,220 $190,000 $334,220
2021 $3,052 $524,220 $190,000 $334,220
2020 $3,002 $524,220 $190,000 $334,220
2019 $3,002 $193,940 $190,000 $3,940
2018 $2,601 $174,540 $170,000 $4,540
2017 $2,601 $174,540 $170,000 $4,540
2016 $2,551 $174,540 $170,000 $4,540
2015 $2,551 $447,800 $170,000 $277,800
2014 $2,612 $499,838 $300,000 $199,838
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard D'Anjolell

    Essey & Associates, Inc.

  • W

    Buyer's Agent in 2012

    Wayne Morris

    Intracoastal Realty Corp

See All Agents

Map

Source: Hive MLS

MLS Number: 20648673

Hive MLS

APN: 235PC02401

North Carolina Brunswick County Oak Island 28465

602 E Beach Dr, Oak Island, NC

Not Listed for Sale

Lots

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