NOT LISTED FOR SALE

627 Caswell Beach Oak Island, NC 28465

Estimated Value: $1,583,667 - $1,943,000

0.44 Acre
$4,062,311 Price per Acre
19,166 Sq Ft Lot

Last Sold November 16, 2023

Last sale price $1,500,000

Est. 17% increase in value since last sale

Current estimated payment $10,426/month

3 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Ocean Side of Freeway
  • Property fronts a marsh
  • Ocean View
  • 0.44 Acre Lot
  • Dunes

About This Lot

As of November 2023

Location, location, location....Rare opportunity to own ocean front property in Caswell Beach. Listings on Caswell Beach don't come along often.... Enjoy views of the Atlantic Ocean from the front or gaze upon Southport and the ICW from the rear. Priced below tax value! The Oak Island Lighthouse is just down the street. Watch ships navigate the ICW and Cape Fear River or walk to one of the nicest beaches in NC via direct beach access nearby. This is a golden opportunity to own a piece of coveted Caswell Beach with plenty of views. Act fast and start enjoying the unparalleled beauty of Caswell Beach. Furnishings inside home are negotiable.

Last Agent to Sell the Property

Neil Casstevens

13 Mile Realty, LLC License #153048 Listed on: 09/07/2023

Last Buyer's Agent

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,352

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 70 x 270 x 70 x 267
  • Property fronts a marsh
  • 70 Feet of Waterfront
  • Ocean Front
  • Dunes
  • Property is zoned R12S

Property Views

  • Ocean
  • Intracoastal

Schools

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

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 251ja026

Community Details

Overview

  • Caswell Beach Subdivision

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$9,352

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 70
  • Water Frontage: 70.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 847.00
  • Lot Description: Dunes
  • Lot Dimensions: 70 x 270 x 70 x 267
  • Lot Number: 14
  • Lot Sq Ft: 19123.00
  • Lot Water Features: Ocean Side
  • Plat Book: 8
  • Plat Page: 96
  • Special Assessments: none known
  • Zoning: R12S
  • Acres: 0.44
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 3409090.91
  • Soil Evaluation Other: Sewer available
  • Topography: See Remarks
  • Lot Number2: 14
  • Lot View Type: ICW View, Marsh View, Ocean View, Water View

Tax Info

  • Tax Identifier: 251ja026
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 9352.15

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Oct 30, 2023
Sold by
Mary Ann Thomas Revocable Trust
Bought by
Tejraj Llc
Seller's Agent
Neil Casstevens
13 Mile Realty, LLC
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$1,500,000
Sold Price
$1,500,000
Views
16
Current Estimated Value
$1,758,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,544
Avg. Annual Appreciation
10.13%
Original Mortgage
$900,000
Outstanding Balance
$888,036
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$884,452

Purchase Details

Closed on
Aug 10, 2006
Sold by
Thomas Mary Ann and Thomas Robert E
Bought by
Thomas Mary Ann and The Mary Ann Thomas Revocable Trust
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
Tejraj Llc $1,500,000 None Listed On Document
Thomas Mary Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tejraj Llc $900,000
Previous Owner Thomas Mary Ann $305,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $1,500,000 0.0% --
09/10/2023 09/10/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $1,500,000 -- --
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 $9,570 $1,568,250 $1,200,000 $368,250
2023 $7,522 $1,568,250 $1,200,000 $368,250
2022 $7,522 $847,570 $550,000 $297,570
2021 $7,522 $847,570 $550,000 $297,570
2020 $0 $847,570 $550,000 $297,570
2019 $6,963 $600,300 $550,000 $50,300
2018 $6,221 $540,710 $500,000 $40,710
2017 $6,212 $540,710 $500,000 $40,710
2016 $6,006 $540,710 $500,000 $40,710
2015 $6,006 $768,020 $500,000 $268,020
2014 $6,138 $909,970 $700,000 $209,970
Source: Public Records

Agents Affiliated with this Home

  • Neil Casstevens

    Seller's Agent in 2023

    Neil Casstevens

    13 Mile Realty, LLC

    (910) 258-2660

    18 in this area

    41 Total Sales

    Section Image
  • John Hamilton

    Buyer's Agent in 2023

    John Hamilton

    Better Beach Sales & Rentals, Inc.

    (910) 278-1147

    211 in this area

    240 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100403831

Hive MLS

APN: 251JA026

North Carolina Brunswick County Oak Island 28465

627 Caswell Beach, Oak Island, NC

This home is located at 627 Caswell Beach, Oak Island, NC 28465 since 07 September 2023 and is currently estimated at $1,787,417. 627 Caswell Beach is a home located in Brunswick County with nearby schools including Southport Elementary School, South Brunswick Middle School, and South Brunswick High School.

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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