NOT LISTED FOR SALE

7005 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,552,000 - $1,746,143

4 Beds
3.5 Baths
3,104 Sq Ft
$529/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $1,800,000 $580 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,950/month

4 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Deck
  • Southport Elementary School Rated 9+
  • Ocean Side of Freeway
  • Vaulted Ceiling

About This Home

As of February 2024

WOW, this STUNNING OCEANFRONT home has GORGEOUS OCEAN VIEWS, 4 BR, 3.5 Baths, and it is located on a very desirable & QUIET LOW TRAFFIC STREET/area of the island ... and it shares a PRIVATE BEACH ACCESS with the home next door ... and it would make a wonderful full time home, beach getaway or an investment property! The dunes & backyard greenery offer added storm protection! IMMACULATELY MAINTAINED & IT IS UPDATED! It has a New ELEVATOR that goes to all levels of the home! YOU WILL LOVE THE OPEN MAIN LIVING AREA which features the great room w/ a gas fireplace and lovely built-ins, the dining area, a sitting area, a RENOVATED HALF BATH and a RENOVATED KITCHEN with new Shaker style soft close doors/drawers, pullouts, alot of quartz countertop space, tile backsplash, & a large pantry! There are 2 LARGE PRIMARY BEDROOM SUITES with a walk-in closet and a private bathroom (one has a tiled shower and one has a tub/shower) and both have access to an ocean side deck! ALMOST ALL ROOMS IN THE HOME HAVE AN OCEANVIEW! It features a LARGE UPPER BONUS ROOM that also has access to an upper oceanside deck. All upper level BRs have a vaulted ceiling. It also has a laundry room, a large owner closet, a heated storage/flex room on the upper level, moldings, and some beautiful real wood paneling/walls! The ground level has a home entrance, an oversized exterior shower room, a storage room and room for 3 cars to be parked underneath plus additional parking in the driveway *** UPDATES include: renovated kitchen including new cabinets, new half bath, new engineered wood flooring & carpeting, new elevator (replaced the old one), new interior paint & some fixtures, Heat Pumps, duckwork, new dehumidifier, roof in 2021, windows (from 2014 to 2023), & so much more ... it has been meticulously maintained through the years and has basically been rebuilt with alot since 2020 and most in 2023! *** EXCELLENT LOCATION close to shops, restaurants & Oak Island Pier *** PARTIALLY FURNISHED

Last Agent to Sell the Property

Georganna Smith

BlueCoast Realty Corporation License #150539 Listed on: 10/10/2023

BlueCoast Realty Corporation

Last Buyer's Agent

Charlie Jones

Charles Jones Realty, Inc. License #182641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,564

Year Built

  • Built in 2000

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 201x61x201x61
  • Ocean Front
  • Property is zoned R7

Home Design

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

Interior Spaces

  • 3,104 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Combination Dining and Living Room
  • Ocean Views
  • Scuttle Attic Hole

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

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

Schools

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

Utilities

  • Humidifier
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 250bl02402

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,564

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Disposal, Dryer, Humidifier/Dehumidifier, Ice Maker, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Handicap Accessible: Elevator
  • List Priceper Sq Ft: 596.01
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 4564.34
  • Waterview: Yes
  • Year Built: 2000
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Scuttle
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Bookcases, Ceiling - Vaulted, Ceiling Fan(s), Elevator, Gas Logs, Pantry, Security System, Smoke Detectors, Walk-In Closet
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 3104.00
  • Stories: 2.0
  • Stories Levels: 3 Story or More
  • Total Heated Primary Separate Sq Ft: 3104.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Gazebo
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Parking Driveway: Concrete

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 3000 - 3499
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Beach Access

Fee Information

  • Home Warranty Company: Old Republic
  • Home Warranty Amount: 655.00

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 14.00
  • Lot Acres: 0.28
  • Lot Dimensions: 201x61x201x61
  • Lot Number: 2
  • Lot Sq Ft: 12240.00
  • Lot Water Features: Ocean Side
  • Zoning: R7

Tax Info

  • Tax Identifier: 250bl02402
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 5, 2024
Sold by
Freeman Betsy G and Freeman Richard E
Bought by
Villard Douglas R and Villard Jacqueline B
Seller's Agent
Georganna Smith
BlueCoast Realty Corporation
Buyer's Agent
Charlie Jones
Charles Jones Realty, Inc.
List Price
$1,850,000
Sold Price
$1,800,000
Premium/Discount to List
-$50,000
-2.7%
Views
27
Current Estimated Value
$1,640,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$159,464
Avg. Annual Appreciation
-4.51%
Original Mortgage
$1,440,000
Outstanding Balance
$1,418,376
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$222,160

Purchase Details

Closed on
May 27, 2018
Sold by
Freeman Betsy G and Freeman Richard E
Bought by
Freeman Betsy G and Brown Christina G

Purchase Details

Closed on
Mar 13, 2006
Sold by
Freeman Betsy G
Bought by
Freeman Betsy G and Brown Christina G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villard Douglas R $1,750,000 None Listed On Document
Freeman Betsy G -- None Available
Freeman Betsy G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villard Douglas R $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2024 02/13/24 Sold $1,800,000 -2.7% $580 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $1,850,000 -- $596 / Sq Ft
Source: Hive MLS

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 $5,168 $1,195,820 $560,000 $635,820
2024 $52 $1,195,820 $560,000 $635,820
2023 $4,564 $1,195,820 $560,000 $635,820
2022 $4,564 $766,540 $350,000 $416,540
2021 $4,474 $766,540 $350,000 $416,540
2020 $4,399 $766,540 $350,000 $416,540
2019 $4,399 $357,980 $350,000 $7,980
2018 $3,478 $255,440 $250,000 $5,440
2017 $3,478 $255,440 $250,000 $5,440
2016 $3,403 $255,440 $250,000 $5,440
2015 $3,403 $591,030 $250,000 $341,030
2014 $3,380 $638,405 $400,000 $238,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100409043

Hive MLS

APN: 250BL02402