NOT LISTED FOR SALE

6903 Kings Lynn Dr Oak Island, NC 28465

Estimated Value: $2,067,000 - $2,250,954

8 Beds
5.5 Baths
3,074 Sq Ft
$692/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $1,965,000 $639 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,663/month

301 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Above Ground Pool
  • Southport Elementary School Rated 9+
  • Fitness Center
  • Ocean Side of Freeway

About This Home

As of August 2023

The time has come to stop dreaming & start living your dreams! This home is situated on an oversized lot that is considered OCEANfront with Town permanent deed open space giving you more security from storms. Cast your worries away, becasue the owner has built with hurricane impact windows & quality Andersen impact doors. You may never want to go inside with your own pool overlooking the ocean & dunes, but when you do, you have a private elevator to head up to the top level where the views are phenomenal with decks facing both the ocean & the sound. Imagine the sunrise & sunset views, or move in & experience them for yourself. The first level features 5 large bedrooms & 3 baths The Point is known for fishing & clamming & you are here to catch your won & prepare in your own top level kitchen. This level also features 3 more bedrooms and 2.5 baths. This is the ideal home to make it all yours or share with others and collect rent revenue. Site finished Hardwoods & tile throughout with vinyl railing for low maintenance inside and out AND Fire sprinkler system. Spacious tiled showers and upgraded hand made cabinetry with Quartz counters. Projected rental income of $210,000.00 from local property management company. Are you ready for BEACH life? The town of Oak Island offers numerous amenities such as golf, tennis, basketball, pickleball, picnic area, boat launches & public docks yet NO hoa fees!

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 09/09/2022

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 09/09/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,251

Year Built

  • Built in 2022

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 50 x 437.34 x 50.58 x 444.96
  • Ocean Front
  • Dunes
  • Sprinkler System

Parking

  • On-Site Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,074 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Above Ground Pool
  • Outdoor Shower

Outdoor Features

  • Ocean Side of Freeway
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 233ob00118

Community Details

Overview

  • No Home Owners Association
  • Kings Lynn Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,251

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2022
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Elevator, Smoke Detectors, Solid Surface, Sprinkler System, Walk-in Shower
  • List Price per Sq Ft: 699.41
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedrooms: 8
  • Sq Ft Heated: 3074.00
  • Total Heated Primary Separate Sq Ft: 3074.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: Above Ground
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Fitness Center, Golf Course, Park, Pickleball, Playground, Street Lights, Tennis Court(s), Termite Bond

Lot Info

  • Deed Page: 317.00
  • Lot Acres: 0.51
  • Lot Description: Dunes
  • Lot Dimensions: 50 x 437.34 x 50.58 x 444.96
  • Lot Sq Ft: 22058.80
  • Lot Water Features: Ocean Side
  • Special Assessments: Potential Sand
  • Zoning: R
  • Lot View Type: Ocean View, Sound View, Water View

Rental Info

  • Rental Income Gross Rental Income: 210000.00

Tax Info

  • Tax Identifier: 233ob00118
  • Tax Year: 2023

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • High School2: Early College
  • Middle School: South Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Aug 14, 2023
Sold by
Poteat-Smith Properties Llc
Bought by
Mcgrew Sean and Dilley Chelsea
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$2,300,000
Sold Price
$1,965,000
Premium/Discount to List
-$335,000
-14.57%
Views
418
Current Estimated Value
$2,128,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,739
Avg. Annual Appreciation
3.71%
Original Mortgage
$1,572,000
Outstanding Balance
$1,539,174
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$589,565

Purchase Details

Listed on
Feb 13, 2020
Closed on
Oct 21, 2020
Sold by
Curtis Donald Steven and Curtis Diana Sylvia
Bought by
Poteat Smith Properties Llc
Seller's Agent
Art Skipper
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$460,000
Sold Price
$385,000
Premium/Discount to List
-$75,000
-16.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.62%

Purchase Details

Closed on
Oct 21, 2009
Sold by
Branch Banking & Trust Company
Bought by
Curtis Donald Steven and Curtis Diana Sylvia
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
Mcgrew Sean $1,925,000 None Listed On Document
Mcgrew Sean $1,925,000 None Listed On Document
Poteat Smith Properties Llc $385,000 None Available
Curtis Donald Steven $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrew Sean $1,572,000
Closed Mcgrew Sean $1,572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $1,965,000 -8.6% $639 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $2,150,000 -6.5% $699 / Sq Ft
09/16/2022 09/16/22 For Sale $2,300,000 +497.4% $748 / Sq Ft
10/26/2020 10/26/20 Sold $385,000 -16.3% -- View Prior Sale
08/18/2020 08/18/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $460,000 -- --
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
2025 $6,251 $1,479,420 $585,000 $894,420
2024 $6,251 $1,479,420 $585,000 $894,420
2023 $2,053 $1,479,420 $585,000 $894,420
2022 $2,053 $387,540 $375,000 $12,540
2021 $0 $375,000 $375,000 $0
2020 $1,959 $375,000 $375,000 $0
2019 $1,981 $375,000 $375,000 $0
2018 $1,962 $371,250 $371,250 $0
2017 $1,962 $371,250 $371,250 $0
2016 $1,959 $371,250 $371,250 $0
2015 $1,959 $371,250 $371,250 $0
2014 $3,026 $625,000 $625,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100348661

Hive MLS

APN: 233OB00118