NOT LISTED FOR SALE

7503 E Beach Dr Oak Island, NC 28465

Estimated Value: $1,220,000 - $1,447,000

5 Beds
3.5 Baths
1,979 Sq Ft
$679/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2020

Last sale price $810,000 $409 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,527 / mo

85 Days on Market

Highlights

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

About This Home

As of October 2020

East Beach beauty with 5 bedrooms and 3 1/2 baths and the most amazing views and direct beach access on Oak Island. Meet @Sandquarters; a home away from home for the current owners as well as repeat vacationers. The property offers an open floor plan with a master bedroom on the first floor and four more bedrooms including another master and two bathrooms upstairs. A well sized kitchen has been upgraded with newer appliances, quartz counter tops and a farm style table that can serve 12 people or more. The living area has new vinyl laminate flooring and all bathrooms have tile floors. All lighting fixtures and bathroom fixtures were upgraded recently. Looking out over the ocean from the living room, one may not see the need of the Smart TVs anymore, the beach is truly breathtaking . Adjacent is the downstairs master bedroom, which also has views of the ocean. A wide staircase takes you upstairs to the rest of the bedrooms, which are also of considerable size with two of them being ocean side. This home sleeps twelve people comfortably. Sitting or dining on the sizable back deck or swinging under the ocean side pavilion watching the sunsets will make you want to stay forever.

Last Agent to Sell the Property

Elvira Ruebel-gilbert

Margaret Rudd Assoc/Sp License #231672 Listed on: 05/28/2020

Last Buyer's Agent

Guy Roth

Network Real Estate License #215073

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 71x212x63x237
  • Ocean Front
  • Property is zoned R7

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,979 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 250bl00109

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer, Disposal
  • List Priceper Sq Ft: 423.95
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Solid Surface, Ceiling Fan(s)
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Sq Ft Heated: 1979.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 1979.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1800 - 1999
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Picnic Area, Tennis Court(s), Street Lights, Restaurant, Playground, Fitness Center, Marina, Golf Course

Schools

  • School District: Brunswick

Lot Info

  • Cobra Zone: Yes
  • Deed Page: 1302.00
  • Lot Acres: 0.32
  • Lot Dimensions: 71X212X63X237
  • Lot Number: 2
  • Lot Sq Ft: 13939.00
  • Lot Water Features: Ocean Side
  • Zoning: R7

Green Features

  • Green Bldg Features: Energy Star Appl

Rental Info

  • Rental Income Gross Rental Income: 52451.00

Tax Info

  • Tax Identifier: 250bl00109
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Vandaughtry Raeford and Daughtry Julie Anderson
Bought by
Vandaughtry Raeford and Daughtry Julie Anderson
Current Estimated Value
$1,344,348

Purchase Details

Listed on
May 28, 2020
Closed on
Sep 10, 2020
Sold by
Loeffelman Paul H and Loeffelman Claire M
Bought by
Daughtry Julie Anderson and Daughtry Van Raeford
Seller's Agent
Elvira Ruebel-gilbert
Margaret Rudd Assoc/Sp
Buyer's Agent
Guy Roth
Network Real Estate
List Price
$849,900
Sold Price
$810,000
Premium/Discount to List
-$39,900
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$510,400
Outstanding Balance
$452,946
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$891,402

Purchase Details

Listed on
Feb 10, 2014
Closed on
May 16, 2014
Sold by
Beam Judith Ann
Bought by
Loeffelman Paul H and Loeffelman Claire M
Seller's Agent
Susan Scott
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Elvira Ruebel-Gilbert
Prudential Laney Real Estate
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$405,800
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2014
Sold by
Beam Judith Ann
Bought by
Beam Judith Ann
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
Vandaughtry Raeford -- None Available
Daughtry Julie Anderson $810,000 None Available
Loeffelman Paul H $515,000 None Available
Beam Judith Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daughtry Julie Anderson $510,400
Previous Owner Loeffelman Paul H $405,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $810,000 -4.7% $409 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $849,900 +65.0% $429 / Sq Ft
05/16/2014 05/16/14 Sold $515,000 -10.4% $271 / Sq Ft View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $575,000 -- $302 / 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 $4,787 $1,120,830 $560,000 $560,830
2024 $48 $1,120,830 $560,000 $560,830
2023 $3,841 $1,120,830 $560,000 $560,830
2022 $3,841 $663,070 $350,000 $313,070
2021 $3,781 $663,070 $350,000 $313,070
2020 $3,892 $663,070 $350,000 $313,070
2019 $3,892 $357,180 $350,000 $7,180
2018 $2,952 $253,960 $250,000 $3,960
2017 $2,889 $253,960 $250,000 $3,960
2016 $2,839 $253,960 $250,000 $3,960
2015 $2,839 $490,910 $250,000 $240,910
2014 $2,495 $467,474 $300,000 $167,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100219592

Hive MLS

APN: 250BL00109

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