NOT LISTED FOR SALE

618 E Beach Dr Oak Island, NC 28465

Estimated Value: $928,000 - $1,157,000

4 Beds
3 Baths
1,805 Sq Ft
$564/Sq Ft Est. Value

Last Sold May 07, 2018

Last sale price $435,000 $241 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,537/month

232 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Furnished
  • Deck
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of May 2018

Enjoy ocean views from the front porch of this wonderful 4 bedroom/3 bath home. Established rental income. Home sold fully furnished. New HVAC upstairs and downstairs 2015. New roof and siding in 2017. New washer, dryer and refrigerator in 2016.

Last Agent to Sell the Property

Christine Cronick

Coldwell Banker Sea Coast Advantage Listed on: 08/14/2017

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Vicki Sturgill

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1997

Lot Details

  • 7,317 Sq Ft Lot
  • Lot Dimensions are 50x150x50x150
  • Irrigation
  • Property is zoned OK-R-7

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,805 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 235pc020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,281

Year Built

Built in 1997

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: 1997
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Furnished, Smoke Detectors, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 259.56
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Sq Ft Heated: 1805.00
  • Total Heated Primary Separate Sq Ft: 1805.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower, Irrigation System
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Microwave - Built-In, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 8.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50x150x50x150
  • Lot Number: 7
  • Lot Sq Ft: 7317.00
  • Plat Book: 7
  • Plat Page: 58
  • Special Assessments: sewer is paid
  • Zoning: OK-R-7
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 235pc020
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 1123.04
  • Total Real Estate Property Taxes: 3281.13

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
May 2, 2018
Sold by
Palmer Scott P and Palmer Cindy L
Bought by
Pennington Roger A and Pennington Joyce E
Seller's Agent
Christine Cronick
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Vicki Sturgill
Coldwell Banker Sea Coast Advantage
List Price
$499,900
Sold Price
$435,000
Premium/Discount to List
-$64,900
-12.98%
Current Estimated Value
$983,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,574
Avg. Annual Appreciation
11.83%
Original Mortgage
$348,000
Outstanding Balance
$303,151
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$678,324

Purchase Details

Closed on
May 1, 2003
Bought by
Palmer Scott P Et Cindy L
Source: Public Records

Range of Values:

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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
Pennington Roger A $435,000 None Available
Palmer Scott P Et Cindy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Roger A $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $435,000 -13.0% $241 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
08/14/2017 08/14/17 For Sale $499,900 -- $277 / 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 $3,798 $866,330 $445,000 $421,330
2023 $2,749 $866,330 $445,000 $421,330
2022 $0 $441,320 $190,000 $251,320
2021 $0 $441,320 $190,000 $251,320
2020 $2,133 $441,320 $190,000 $251,320
2019 $2,639 $191,070 $190,000 $1,070
2018 $2,147 $171,390 $170,000 $1,390
2017 $2,158 $170,000 $170,000 $0
2016 $2,133 $170,000 $170,000 $0
2015 $2,110 $382,870 $170,000 $212,870
2014 $2,293 $450,060 $300,000 $150,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100077294

Hive MLS

APN: 235PC020