NOT LISTED FOR SALE

617 Caswell Beach Rd Oak Island, NC 28465

Estimated Value: $2,613,889 - $3,730,000

5 Beds
7 Baths
4,701 Sq Ft
$670/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $1,400,000 $298 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $18,794/month

621 Days on Market

Highlights

  • Ocean Front
  • 0.49 Acre Lot
  • Wood Flooring
  • Home Theater
  • Deck
  • 2 Fireplaces

About This Home

As of March 2017

Picture yourself living in this luxury oceanside estate in coveted Caswell Beach, enjoying dramatic water views of the ocean and the marsh that you've only dreamed about. Take your private walkway out to the sand and surf, or spend quiet time rocking on the porch, listening to the waves lapping on the shore. This exquisite home has everything you could possibly want. There's plenty of bedrooms with well appointed ensuite baths, a mirrored exercise room, a third floor office with a deck, an elevator, hardwood floors and 2 fireplaces.The chef's kitchen has gleaming granite countertops,double convection ovens, double dishwashers, a wine refrigerator, walk in pantry and custom cabinets.The owners have been uncompromising in their choice of finishes.The kitchen opens to the living and dining

Last Agent to Sell the Property

Robert Carroll

RE/MAX Southern Coast License #262808 Listed on: 06/10/2015

RE/MAX Southern Coast

Last Buyer's Agent

Marc Spencer

Lightkeeper Realty License #153928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,120

Year Built

  • Built in 2004

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 77x289x70x289
  • Property fronts a marsh
  • Ocean Front
  • Irrigation
  • Property is zoned CB-R12-SF

Property Views

  • Ocean
  • Intracoastal
  • River

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 4,701 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Furnished
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Home Theater

Kitchen

  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

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

  • Tax Lot 9
  • Assessor Parcel Number 208516847461

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,120

Year Built

Built in 2004

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: 4.0
  • Stories Levels: 3 Story or More
  • Year Built: 2004
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 2
  • Flooring: Tile, Wood
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: Blinds/Shades, Wash/Dry Connect, Elevator, Gas Logs, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 328.65
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second
  • Media Room Level: First
  • Sq Ft Heated: 4701.00
  • Total Heated Primary Separate Sq Ft: 4701.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Sewer Tap Available, Water Tap Available
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 908.00
  • Lot Acres: 0.49
  • Lot Dimensions: 77X289X70X289
  • Lot Number: 9
  • Lot Sq Ft: 21187.00
  • Zoning: CB-R12-SF
  • Lot View Type: ICW View, Water View, River View, Ocean View, Marsh View

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 208516847461
  • Tax Year: 2014
  • Total City Real Estate Property Tax: 9120.00
  • Total Real Estate Property Taxes: 9120.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Mar 10, 2017
Sold by
Moretz Charles M and Moretz Sarah Keener
Bought by
Laughter John E and Laughter Angela
Seller's Agent
Robert Carroll
RE/MAX Southern Coast
Buyer's Agent
Marc Spencer
Lightkeeper Realty
List Price
$1,849,000
Sold Price
$1,400,000
Premium/Discount to List
-$449,000
-24.28%
Current Estimated Value
$3,216,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,816,131
Avg. Annual Appreciation
10.59%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Moretz John Morris and Moretz Marilyn Manning
Bought by
Moretz Charles M and Krudener Laura M
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
Laughter John E -- None Available
Moretz Charles M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moretz John Morris $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $1,400,000 -24.3% $298 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
06/10/2015 06/10/15 For Sale $1,849,000 -- $393 / 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
2024 $14,222 $2,346,440 $1,200,000 $1,146,440
2023 $12,321 $2,346,440 $1,200,000 $1,146,440
2022 $12,321 $1,431,190 $550,000 $881,190
2021 $11,928 $1,431,190 $550,000 $881,190
2020 $11,499 $1,431,190 $550,000 $881,190
2019 $11,449 $567,740 $550,000 $17,740
2018 $9,910 $513,600 $500,000 $13,600
2017 $9,910 $513,600 $500,000 $13,600
2016 $9,564 $513,600 $500,000 $13,600
2015 $9,564 $1,230,120 $500,000 $730,120
2014 $9,120 $1,336,410 $825,000 $511,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20693595

Hive MLS

APN: 251JA021