NOT LISTED FOR SALE

624 E Beach Dr Oak Island, NC 28465

Estimated Value: $908,968 - $1,001,000

4 Beds
2 Baths
1,370 Sq Ft
$689/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $505,000 $369 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,934/month

51 Days on Market

Highlights

  • Marina
  • Ocean View
  • Fitness Center
  • Southport Elementary School Rated 9+
  • Golf Course Community
  • Ocean Side of Freeway

About This Home

As of February 2020

This is a MUST see! Come experience this completely renovated home with new flooring throughout (NO Carpet). Kitchen boasts beautiful granite counter tops and tiled backsplash. Enjoy your walk-in tiled shower after returning from the beach which is just steps away. This home comes furnished so all you need is your flip flops and towels to enjoy your forever home or home away from home. But with an established vacation rental history, this would make an excellent investment property as well. Home has new roof, windows and siding.

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 11/30/2019

Last Buyer's Agent

Brenda Mitchell

Lynda Haraway Group, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Property is zoned R7

Home Design

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

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Storm Doors

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 235pc018

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Washer, Refrigerator, Stove/Oven - Electric, Microwave - Built-In, Ice Maker, Dryer
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 412.00
  • Directions To Property: Middleton to E Beach Drive
  • Document Count: 3
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • High School2: Early College
  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Sidewalk, Tennis Court(s), Street Lights, Playground, Restaurant, Ramp, Fitness Center, Marina, Golf Course
  • Listing I D: 100195056
  • List Priceper Sq Ft: 383.21
  • Location Type: Island
  • Lot Acres: 0.17
  • Lot Dimensions: 50 X 150
  • Lot Sq Ft: 7500.00
  • Lot Water Features: Ocean Side, Second Row
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch
  • Pre Direction: E
  • Prospect Exempt: No
  • Rental Income Gross Rental Income: 33248.00
  • Annual Gross Rental Income Collected: 2018
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Brunswick Electric
  • Sign On Property: Yes
  • Sq Ft Heated: 1370.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Tax Identifier: 235pc018
  • Tax Year: 2019
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 1370.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1998
  • Zoning: R7
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: LVT/LVP
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s), Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4

Exterior Features

  • Exterior Features: DP50 Windows, Storm Doors, Thermal Windows, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2019
Closed on
Feb 19, 2020
Sold by
Jolly Roger D and Jolly Sherry Morrow
Bought by
Bolens Mark and Bolens Sherry V
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Brenda Mitchell
Lynda Haraway Group, Inc.
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Current Estimated Value
$943,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,992
Avg. Annual Appreciation
11.25%
Original Mortgage
$384,000
Outstanding Balance
$357,426
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$586,566

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 30, 2014
Sold by
Jacobs Ronald Lewis and Jacobs Cynthia Graeber
Bought by
Jolly Roger D and Jolly Sherry Morrow
Seller's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
Buyer's Agent
Gretchen Peoples
Coldwell Banker Sea Coast Advantage
List Price
$374,900
Sold Price
$363,500
Premium/Discount to List
-$11,400
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$280,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Jacobs Investments Llc
Bought by
Jacobs Ronald Lewis

Purchase Details

Closed on
Feb 25, 2008
Sold by
Jacobs Ronald L and Jacobs Cynthia G
Bought by
Jacobs Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2008
Sold by
Starks Paul R and Starks Kym M
Bought by
Jacobs Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bolens Mark $505,000 Spt
Jolly Roger D $363,500 None Available
Jacobs Ronald Lewis -- None Available
Jacobs Investments Llc -- None Available
Jacobs Ronald L $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolens Mark $384,000
Previous Owner Jolly Roger D $280,000
Previous Owner Jacobs Ronald L $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2020 02/21/20 Sold $505,000 -3.8% $369 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/30/2019 11/30/19 For Sale $525,000 +44.4% $383 / Sq Ft
06/02/2014 06/02/14 Sold $363,500 -3.0% $279 / Sq Ft View Prior Sale
05/26/2014 05/26/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $374,900 -- $288 / 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 -- $832,670 $445,000 $387,670
2024 $34 $832,670 $445,000 $387,670
2023 $2,322 $832,670 $445,000 $387,670
2022 $2,322 $398,340 $190,000 $208,340
2021 $2,241 $398,340 $190,000 $208,340
2020 $2,270 $398,340 $190,000 $208,340
2019 $2,270 $194,990 $190,000 $4,990
2018 $1,941 $337,550 $170,000 $167,550
2017 $1,941 $170,000 $170,000 $0
2016 $1,907 $170,000 $170,000 $0
2015 $1,907 $337,550 $170,000 $167,550
2014 $2,134 $414,840 $300,000 $114,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100195056

Hive MLS

APN: 235PC018