NOT LISTED FOR SALE

703 W Yacht Dr Oak Island, NC 28465

Estimated Value: $492,000 - $601,000

0.18 Acre
$3,126,094 Price per Acre
7,841 Sq Ft Lot

Last Sold May 10, 2021

Last sale price $140,000

Est. 302% increase in value since last sale

Current estimated payment $3,141/month

101 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Water Access
  • Southport Elementary School Rated 9+
  • Golf Course Community
  • Fitness Center

About This Lot

As of May 2021

Beautiful lot across the street from the ICW with mature trees on the highly desirable west end of Oak Island. This lot is larger than the interior wooded area lots and will allow a larger home to be built. The adjacent lot is also available at the time of this listing and the two lots are currently combined into one double-lot parcel that will be divided at closing if they are purchased separately. So if you want an even larger home/garage across the street from the waterway and only a few minutes from the beachfront then don't wait, here's your chance. A builder will normally build one house per lot when a double lot is acquired, so grab both of these before they're gone. You'll be glad you did!!!

Last Agent to Sell the Property

Timothy Pittman

RE/MAX at the Beach / Oak Island Listed on: 12/30/2020

Last Buyer's Agent

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,284

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 134 x 60 x 125
  • Wooded Lot

Accessible Home Design

  • Accessible Ramps

Schools

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

Utilities

  • Co-Op Water
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 234em02501

Community Details

Overview

  • No Home Owners Association
  • Tranquil Harbor Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,284

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 60

Utilities

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

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball, Cable, Dock, Fitness Center, Golf Course, Picnic Grounds, Playground, Ramp, Sewer, Street Lights, Tennis, Water

Lot Info

  • Deed Book: 0307
  • Deed Page: 568.00
  • Lot Description: Wooded
  • Lot Dimensions: 60 x 134 x 60 x 125
  • Lot Number: 41
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Second Row, Water Access Comm, Waterfront Comm
  • Plat Book: 006
  • Plat Page: 067
  • Zoning: Residential
  • Acres: 0.18
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 750000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 41

Tax Info

  • Tax Identifier: 234em02501
  • Tax Year: 2020

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
Dec 30, 2020
Closed on
May 3, 2021
Sold by
Lail Paul Steven and Lail Donna Blanton
Bought by
Earman William Stafford and Earman Kathryn Lail
Seller's Agent
Timothy Pittman
RE/MAX at the Beach / Oak Island
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Current Estimated Value
$562,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,697
Avg. Annual Appreciation
36.51%

Purchase Details

Closed on
Oct 19, 2017
Sold by
Mcinerney Joseph and Wedel Janice Elizabeth
Bought by
Lail Paul Steven and Lail Donna Blanton

Purchase Details

Closed on
Aug 1, 2014
Sold by
Jones David B and Johnston Barbara
Bought by
Mcinerney Joseph and Wedel Janice Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 10, 2012
Sold by
Adebahr Anne Venters
Bought by
Jones David B and Johnston Barbara J

Purchase Details

Closed on
Nov 15, 2006
Sold by
Heroux Marianne and Heroux Steven D
Bought by
Adebahr Anne Venters
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Earman William Stafford $265,000 None Available
Lail Paul Steven $251,000 None Available
Mcinerney Joseph $225,000 None Available
Jones David B -- None Available
Adebahr Anne Venters $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcinerney Joseph $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $140,000 +3.7% --
04/10/2021 04/10/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $135,000 -- --
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 $2,284 $545,470 $160,000 $385,470
2024 $2,284 $545,470 $160,000 $385,470
2023 $1,773 $545,470 $160,000 $385,470
2022 $1,773 $303,470 $88,000 $215,470
2021 $1,773 $303,470 $88,000 $215,470
2020 $0 $303,470 $88,000 $215,470
2019 $1,718 $91,140 $88,000 $3,140
2018 $1,226 $55,480 $50,000 $5,480
2017 $1,226 $55,480 $50,000 $5,480
2016 $1,201 $55,480 $50,000 $5,480
2015 $1,201 $209,740 $50,000 $159,740
2014 $1,047 $196,232 $70,000 $126,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100250568

Hive MLS

APN: 235IC027