NOT LISTED FOR SALE

621 E Beach Dr Oak Island, NC 28465

Estimated Value: $726,000

0.18 Acre
$4,033,333 Price per Acre
7,752 Sq Ft Lot

Last Sold November 30, 2021

Last sale price $425,000

Est. 71% increase in value since last sale

Current estimated payment $3,968/month

270 Days on Market

Highlights

  • 51 Feet of Waterfront
  • Ocean Side of Freeway
  • Dunes
  • Ocean View
  • No HOA

About This Lot

As of November 2021

Imagine spectacular views of the Atlantic Ocean and taking just a few steps to the warm sand from your own custom built beach house! This picturesque oceanfront site on Oak Island's East Beach side is available now, offering an excellent chance to own a vacation rental, summer home, or year-round residence if you choose to build. A splendid investment location that's convenient to Middleton Avenue for quick access to shopping, dining, and day trips to Southport, Wilmington and Myrtle Beach. Oak Island has always been a popular destination for vacationers, and is well-loved by locals and visitors alike for its natural beauty and fun family vibe. Concerts in the park, Farmer's Market, Mini-Golf, Recreation Center, shopping and dining, plus superb fishing and boating, are just a few advantages to living the dream within this scenic coastal area of North Carolina. Come sit on the sand, listen to the waves, and plan your next adventure!

Last Agent to Sell the Property

Christopher Kuhn

RE/MAX at the Beach / Oak Island License #209254 Listed on: 02/24/2021

Last Buyer's Agent

Lisa Bacon-Tomak

Coastal Lights Realty License #292422

Property Details

Property Type

  • Land

Lot Details

  • 7,752 Sq Ft Lot
  • Lot Dimensions are 51x150
  • 51 Feet of Waterfront
  • Ocean Front
  • Dunes
  • Cleared Lot

Property Views

  • Ocean Views

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 235pe017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 51
  • Water Frontage: 51.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 1107
  • Deed Page: 207.00
  • Lot Description: Dunes
  • Lot Dimensions: 51x150
  • Lot Number: 5
  • Lot Sq Ft: 7752.00
  • Lot Water Features: Ocean Side
  • Plat Book: 7
  • Plat Page: 58
  • Zoning: Residential
  • Acres: 0.18
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 2416666.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 5
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 235pe017
  • Tax Year: 2020
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2024
Sold by
Jaeger Benjamin and Jaeger Gina
Bought by
Markle Thomas and Markle Mary
Current Estimated Value
$726,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,220,000
Outstanding Balance
$1,140,761
Interest Rate
5.93%
Mortgage Type
New Conventional
Estimated Equity
-$414,761

Purchase Details

Closed on
Jul 17, 2023
Sold by
Genuardi Michael and Genuardi Connie
Bought by
Jaeger Benjamin and Jaeger Gina

Purchase Details

Listed on
Feb 24, 2021
Closed on
Nov 22, 2021
Sold by
Warner Jan and Warner Phyllis
Bought by
Genuardi Mike and Genuardi Connie
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Lisa Bacon-Tomak
Coastal Lights Realty
List Price
$455,555
Sold Price
$425,000
Premium/Discount to List
-$30,555
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%

Purchase Details

Closed on
Sep 1, 1996
Bought by
Holmes Larry D Et Denise D
Source: Public Records

Range of Values:

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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
Markle Thomas $675,000 None Listed On Document
Jaeger Benjamin $350,000 None Listed On Document
Genuardi Mike $425,000 None Available
Holmes Larry D Et Denise D $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markle Thomas $1,220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $425,000 -2.3% --
11/21/2021 11/21/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $435,000 -4.5% --
02/24/2021 02/24/21 For Sale $455,555 -- --
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 -- $1,268,550 $575,000 $693,550
2024 $240 $57,500 $57,500 $0
2023 $155 $57,500 $57,500 $0
2022 $152 $26,000 $26,000 $0
2021 $152 $26,000 $26,000 $0
2020 $149 $26,000 $26,000 $0
2019 $149 $26,000 $26,000 $0
2018 $118 $20,000 $20,000 $0
2017 $118 $20,000 $20,000 $0
2016 $115 $20,000 $20,000 $0
2015 $115 $20,000 $20,000 $0
2014 $131 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100258136

Hive MLS

APN: 235PE017