NOT LISTED FOR SALE

7802 E Beach Dr Unit 1 Oak Island, NC 28465

Estimated Value: $621,000 - $995,349

4 Beds
2 Baths
2,448 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $347,500 $142 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,693/month

11 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • Southport Elementary School Rated 9+
  • Corner Lot
  • Ground Level Unit

About This Home

As of May 2019

WOW! Have a place for yourself and one for income. This great duplex, ''Toes in the Sand'', is located second row with gorgeous views of the ocean and direct beach access across the street. Both units are 2 bedrooms, 1 bathroom. Rental History is good by either renting the whole house or each unit separately. Both units have an enclosed porch that could hold overflow guests. The upper unit has a sunning deck with beautiful views. Both units have washer/dryer. There is an outside shower to wash off the sand. This is a must see property.

Last Agent to Sell the Property

Denise Pacula

Denise Pacula Realty License #222661 Listed on: 03/11/2019

Last Buyer's Agent

Brooke Rudd-Gaglie

Margaret Rudd Assoc/O.I.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 79 x 128 x 53 x 113
  • Corner Lot
  • Irrigation

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2 Bathrooms
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

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

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Deck
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • E. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 250cn001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,199

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Ground
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors
  • Laundry Location: Closet
  • List Price per Sq Ft: 171.16
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, See Remarks
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes
  • Pool Spa: None

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Central, Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump, Other-See Remarks
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: No

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 335.00
  • Lot Acres: 0.18
  • Lot Description: Corner Lot
  • Lot Dimensions: 79 x 128 x 53 x 113
  • Lot Number: 4
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Second Row
  • Plat Book: 4
  • Plat Page: 162
  • Zoning: OK-R-6MF
  • Lot View Type: Ocean View

Rental Info

  • Rental Income Gross Rental Income: 32000.00

Tax Info

  • Tax Identifier: 250cn001
  • Tax Year: 2017

Multi Family

  • Number Total Units: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 23, 2019
Sold by
Pyron Woodall Beach Holdings Llc
Bought by
Shumoski Leah
Seller's Agent
Denise Pacula
Denise Pacula Realty
Buyer's Agent
Brooke Rudd-Gaglie
Margaret Rudd Assoc/O.I.
List Price
$419,000
Sold Price
$347,500
Premium/Discount to List
-$71,500
-17.06%
Current Estimated Value
$844,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,587
Avg. Annual Appreciation
14.65%
Original Mortgage
$253,125
Outstanding Balance
$222,089
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$621,998

Purchase Details

Closed on
May 2, 2016
Sold by
Ramieh Mose T and Duncan Ramieh Janice
Bought by
Pyron Woodall Beach Holdings Llc

Purchase Details

Closed on
Oct 1, 2002
Bought by
Ramieh Mose T
Source: Public Records

Range of Values:

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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
Shumoski Leah $337,500 Chicago Title Insurance Co
Pyron Woodall Beach Holdings Llc $307,000 None Available
Ramieh Mose T $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shumoski Leah $253,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $347,500 -17.1% $142 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $419,000 -- $171 / 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 $3,199 $669,260 $445,000 $224,260
2024 $3,199 $669,260 $445,000 $224,260
2023 $2,432 $669,260 $445,000 $224,260
2022 $2,432 $353,960 $225,000 $128,960
2021 $2,345 $353,960 $225,000 $128,960
2020 $2,233 $353,960 $225,000 $128,960
2019 $2,301 $226,430 $225,000 $1,430
2018 $2,004 $171,230 $170,000 $1,230
2017 $1,993 $171,230 $170,000 $1,230
2016 $2,237 $171,230 $170,000 $1,230
2015 $2,237 $368,950 $170,000 $198,950
2014 $1,812 $313,348 $170,000 $143,348
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100154275

Hive MLS

APN: 250CN001