NOT LISTED FOR SALE

602 W Oak Island Dr Unit W Oak Island, NC 28465

Estimated Value: $794,000 - $1,054,000

5 Beds
6 Baths
3,462 Sq Ft
$267/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $450,000 $130 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,162/month

190 Days on Market

Highlights

  • Home Theater
  • Deck
  • Corner Lot
  • Southport Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of January 2021

Custom built, one of a kind, lighthouse home on Oak Island, NC. This custom inspired lighthouse home is located in the heart of Oak Island with easy access to the beach. 5 bedroom, 6 bathroom, spacious kitchen for gathering, split floor plan, walk in closets, abundant storage & could easily be a 2 family home. This home comes fully furnished and is perfect for a large family and perfectly arranged for vacation rentals. Currently receiving $34,000+ in rental income. With over 3400 square feet you don't want to miss this opportunity of owning your very own home on Oak Island, NC.

Last Agent to Sell the Property

London Scialdone

Lynda Haraway Group-OKI Listed on: 05/21/2020

Last Buyer's Agent

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 2007

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x121x90x121
  • Corner Lot
  • Property is zoned OK-R-6A

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,462 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Home Theater

Kitchen

  • Electric Cooktop
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Listing and Financial Details

  • Tax Lot 4 & 1/2 of 3
  • Assessor Parcel Number 234el057

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 2007

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: 2.0
  • Stories Levels: Two
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile, Laminate
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Furnished, Walk-In Closet, Pantry, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 134.29
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Dining Room Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Media Room Level: Second
  • Sq Ft Heated: 3462.00
  • Total Heated Primary Separate Sq Ft: 3462.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 6.00
  • Garage And Parking Other See Remarks: Under Home Parking
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Ice Maker, Dryer, Dishwasher
  • Cooling System: Central, Zoned
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: Brunswick County Public Utilities
  • Service Providers Water Provider: Brunswick County Public Utilities
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 877.00
  • Lot Acres: 0.25
  • Lot Description: Corner Lot
  • Lot Dimensions: 90x121x90x121
  • Lot Number: 4 & 1/2 of 3
  • Lot Sq Ft: 10890.00
  • Plat Book: 6
  • Plat Page: 67
  • Zoning: OK-R-6A

Tax Info

  • Tax Identifier: 234el057
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 3099.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
Meridith Penny Marie
Bought by
Penny Marie Meridith Revocable Trust
Current Estimated Value
$924,630

Purchase Details

Listed on
May 21, 2020
Closed on
Jan 6, 2021
Sold by
Wmcmw Holdings Llc
Bought by
Meridith Penny Marie
Seller's Agent
London Scialdone
Lynda Haraway Group-OKI
Buyer's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
List Price
$469,900
Sold Price
$450,000
Premium/Discount to List
-$19,900
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
Original Mortgage
$360,000
Outstanding Balance
$321,245
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$603,385

Purchase Details

Closed on
Nov 6, 2009
Sold by
Weddle Joseph L and Weddle Kathryn
Bought by
Wmcmw Holdings Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Minor Theresa A
Bought by
Weddle Joseph L and Weddle Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,195
Interest Rate
7%
Mortgage Type
Assumption
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
Penny Marie Meridith Revocable Trust -- None Available
Meridith Penny Marie $450,000 None Available
Wmcmw Holdings Llc -- None Available
Weddle Joseph L $260,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meridith Penny Marie $360,000
Previous Owner Weddle Joseph L $405,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $450,000 -4.2% $130 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $469,900 -- $136 / 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 $3,748 $824,190 $159,380 $664,810
2024 $3,748 $824,190 $159,380 $664,810
2023 $3,228 $800,530 $159,380 $641,150
2022 $3,228 $511,970 $73,950 $438,020
2021 $3,138 $511,970 $73,950 $438,020
2020 $3,098 $511,970 $73,950 $438,020
2019 $3,098 $79,190 $73,950 $5,240
2018 $2,704 $53,410 $47,180 $6,230
2017 $2,704 $53,410 $47,180 $6,230
2016 $2,629 $53,410 $47,180 $6,230
2015 $2,629 $436,970 $47,180 $389,790
2014 $1,988 $343,016 $60,560 $282,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100218687

Hive MLS

APN: 234EL057