NOT LISTED FOR SALE

6803 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,766,000 - $2,359,000

7 Beds
6.5 Baths
3,080 Sq Ft
$693/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $1,050,000 $341 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $11,606/month

154 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Ocean Side of Freeway
  • Southport Elementary School Rated 9+
  • Above Ground Pool
  • 0.65 Acre Lot

About This Home

As of June 2018

Rare, new construction on the ocean front, large seven bedroom, six and a half bath home with an ELEVATED PRIVATE POOL 12X28 ft. Projected rental income is $130,000 a year! Enjoy the open space this home offers a large group. Lots of upgrades, 2x6 inch wall construction, hardi board, granite counter tops, hardwood throughout. Each room in this home is larger than most beach homes. Imagine sitting out on one of the decks while listening to the ocean waves crash along the shore and watching the natural beauty of the island. The relaxing time you have at this home will leave you wanting to stay. The gourmet kitchen was designed for preparing memorable meals or light snacks. This beautiful home is conveniently located close to Southport, Wilmingotn and numerous golf courses. Driveway is shar

Last Agent to Sell the Property

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370 Listed on: 12/08/2017

Last Buyer's Agent

John Hamilton

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 60 x 477 x 60 x 477
  • Ocean Front
  • Sprinkler System

Property Views

  • Ocean
  • Pond

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 3,080 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Parking

  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 250bl02609

Community Details

Overview

  • No Home Owners Association
  • East Beach Subdivision

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 1244.00
  • Directions To Property: NC 211 to Middleton, Left on E Beach Drive, Property is on the Right.
  • Document Count: 3
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Sidewalk, Tennis Court(s), Golf Course, Restaurant, Playground
  • Listing I D: 100092727
  • List Priceper Sq Ft: 389.58
  • Location Type: Island
  • Lot Acres: 0.65
  • Lot Dimensions: 60 x 477 x 60 x 477
  • Lot Sq Ft: 28314.00
  • Lot Water Features: Ocean Side
  • Marketing City: Oak Island Beach
  • M L S Approved: Y
  • New Construction: Yes
  • Porch Balcony Deck: Deck, Porch
  • Pre Direction: E
  • Presale: No
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: Confirmed
  • Sq Ft Heated: 3080.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: East Beach
  • Tax Identifier: 250bl02609
  • Tax Year: 2016
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 3080.00
  • Water Heater: Propane, Tankless
  • Waterview: Yes
  • Year Built: 2018
  • Zoning: R
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View, Pond View
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Reverse Floor Plan, Wet Bar, Walk-in Shower, Sprinkler System, Solid Surface, Smoke Detectors, Elevator, Furnished
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: See Remarks
  • On Site Pool Spa: Above Ground
  • Roof: Metal
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Off Street, Shared, Paved

Utilities

  • Heated Sq Ft: 3000 - 3499
  • Heating System: Heat Pump

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2017
Sold by
Palmatier Mark A
Bought by
Palmatier Llc
Current Estimated Value
$2,133,818

Purchase Details

Listed on
Nov 20, 2012
Closed on
Aug 21, 2013
Sold by
Branch Banking And Trust Co
Bought by
Palmatier Mark A
Seller's Agent
Brooke Rudd
Margaret Rudd Assoc/O.I.
Buyer's Agent
John Hamilton
Intracoastal Realty Corp
List Price
$269,000
Sold Price
$200,000
Premium/Discount to List
-$69,000
-25.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.00%

Purchase Details

Closed on
Jun 7, 2011
Sold by
Keesee Kimberly Marie
Bought by
Keesee Brian Keith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palmatier Llc -- None Available
Palmatier Mark A $200,000 None Available
Keesee Brian Keith -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2018 06/06/18 Sold $1,050,000 -22.2% $341 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $1,349,000 +574.5% $438 / Sq Ft
08/23/2013 08/23/13 Sold $200,000 -25.7% $7 / Sq Ft View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $269,000 -- $10 / 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 $6,699 $1,596,480 $560,000 $1,036,480
2024 $67 $1,596,480 $560,000 $1,036,480
2023 $6,169 $1,596,480 $560,000 $1,036,480
2022 $6,169 $1,072,220 $350,000 $722,220
2021 $6,079 $1,072,220 $350,000 $722,220
2020 $6,004 $1,072,220 $350,000 $722,220
2019 $6,004 $466,840 $350,000 $116,840
2018 $3,738 $267,000 $250,000 $17,000
2017 $1,325 $250,000 $250,000 $0
2016 $1,323 $250,000 $250,000 $0
2015 $1,323 $250,000 $250,000 $0
2014 $1,940 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100092727

Hive MLS

APN: 250BL02609