NOT LISTED FOR SALE

7807 E Oak Island Dr Oak Island, NC 28465

Estimated Value: $595,000 - $694,546

3 Beds
3 Baths
1,121 Sq Ft
$583/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $580,000 $517 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,612/month

59 Days on Market

Highlights

  • Second Kitchen
  • Spa
  • Solid Surface Countertops
  • Southport Elementary School Rated 9+
  • Corner Lot
  • No HOA

About This Home

As of June 2023

Attention all investors, beach lovers and seafood enthusiasts! A rare opportunity has just arisen to own a stunning, 2 unit home on the desirable South side of Oak Island drive, so close to the ocean! Don't let the age of this home fool you. It was gutted and lovingly restored in 2017 to provide new plumbing, heating, electrical, sheetrock, insulation, siding, roofing, a generator and virtually everything else! It's ready for you to move in and enjoy...or rent out and help to pay for your great new investmentThe home has a larger, 2 bedroom unit (1121 sq ft) 2 bath, with an open floor plan, complete with a den and a wonderful screened porch for you to relax with a cool drink and a good book. The smaller unit (464 sq ft) has a full kitchen, bathroom, bedroom and living/dining area, perfect for 1 or 2 people. There's plenty of options on how to use this amazing property. Maybe an apartment for a family member is what you need, or if you want to make some extra cash, why not rent it out? You'll have your own space to call home while raking in some extra dough. It's a win-win situation! The location is great. The nearby coffee shop is the perfect place to grab your favorite brew. Visit some of the quaint restaurants or walk to the pharmacy to pick up necessities. Hang out at the beach, only 2 blocks away, and surf or just catch some rays. You can use your outdoor shower before and after the hot tub! It's all available to you here. So why wait? Come experience the coastal lifestyle you've been dreaming of in this wonderful home before it swims away. Call today for a showing.

Last Agent to Sell the Property

Donna Findlay

RE/MAX Southern Coast License #219274 Listed on: 03/09/2023

RE/MAX Southern Coast

Co-Listed By

Robert Carroll

RE/MAX Southern Coast License #262808

Last Buyer's Agent

Kristie Beasley

Margaret Rudd Assoc/Sp License #206064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1968

Lot Details

  • 7,623 Sq Ft Lot
  • Lot Dimensions are 60x125x63x124
  • Vinyl Fence
  • Wood Fence
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,121 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Second Kitchen
  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bedroom Suite
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • 1 Detached Carport Space
  • Driveway

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Screened Patio
  • Shed
  • Porch

Schools

  • Belville Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 250cn017

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,775

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1968
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, 2nd Kitchen, Apt/Suite, Blinds/Shades, Ceiling Fan(s), In-Law Quarters, Pantry, Smoke Detectors, Solid Surface, Walk-in Shower
  • Laundry Location: Closet
  • List Price per Sq Ft: 372.18
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 1121.00
  • Sq Ft Heated Separate: 464.00
  • Total Heated Primary Separate Sq Ft: 1585.00

Exterior Features

  • Exterior Features: Outdoor Shower, Security Lighting, Storm Doors
  • Exterior Finish: Brick, Fiber Cement
  • Exterior Structures: Shed(s), Shower
  • Fencing: Partial, Vinyl, Wood
  • Foundation: Crawl Space
  • On Site Pool Spa: Hot Tub
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Concrete, Detached

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Range, Self Cleaning Oven, Washer
  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump, Other-See Remarks
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1340.00
  • Lot Acres: 0.17
  • Lot Description: Corner Lot
  • Lot Dimensions: 60x125x63x124
  • Lot Number: 11
  • Lot Sq Ft: 7623.00
  • Special Assessments: potential sand assessment
  • Zoning: residential

Tax Info

  • Tax Identifier: 250cn017
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1775.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Jun 15, 2023
Sold by
Laura J Collins Revocable Trust
Bought by
Smith Lance A and Smith Carrie L
Seller's Agent
Donna Findlay
RE/MAX Southern Coast
Buyer's Agent
Kristie Beasley
Margaret Rudd Assoc/Sp
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%
Views
123
Current Estimated Value
$653,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,637
Avg. Annual Appreciation
5.20%
Original Mortgage
$551,000
Outstanding Balance
$536,266
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$117,371

Purchase Details

Closed on
May 14, 2020
Sold by
Collins Laura J
Bought by
Collins Laura J and Laura J Collins Revocable Trus

Purchase Details

Closed on
Nov 22, 2017
Sold by
Collins John A and Collins Laura J
Bought by
Collins Laura J

Purchase Details

Listed on
Nov 16, 2016
Closed on
Apr 25, 2017
Sold by
Fannie Mae
Bought by
Collins John A and Collins Laura J
Seller's Agent
Pam Wooddell
Live Oak Real Estate
Buyer's Agent
Christopher Kuhn
Coldwell Banker Sea Coast Advantage
List Price
$160,000
Sold Price
$155,900
Premium/Discount to List
-$4,100
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.32%

Purchase Details

Closed on
Jul 7, 2016
Sold by
Wishon Donald G and Wishon Jo Ann
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 1, 1990
Bought by
Wishon Donald G Et Jo Ann Wishon
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
Smith Lance A $580,000 None Listed On Document
Smith Lance A $580,000 None Listed On Document
Collins Laura J -- None Available
Collins Laura J -- None Available
Collins John A -- None Available
Federal National Mortgage Association $185,000 None Available
Wishon Donald G Et Jo Ann Wishon $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lance A $551,000
Closed Smith Lance A $551,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2023 06/21/23 Sold $580,000 -1.7% $517 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/03/2023 05/03/23 Price Changed $589,900 -1.7% $526 / Sq Ft
03/29/2023 03/29/23 Price Changed $599,900 -4.0% $535 / Sq Ft
03/09/2023 03/09/23 For Sale $625,000 +300.9% $558 / Sq Ft
04/25/2017 04/25/17 Sold $155,900 -2.6% $115 / Sq Ft View Prior Sale
03/24/2017 03/24/17 Pending -- -- --
11/16/2016 11/16/16 For Sale $160,000 -- $118 / 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 $2,212 $526,820 $150,000 $376,820
2024 $2,212 $526,820 $150,000 $376,820
2023 $1,775 $526,820 $150,000 $376,820
2022 $0 $303,800 $88,200 $215,600
2021 $0 $303,800 $88,200 $215,600
2020 $1,720 $303,800 $88,200 $215,600
2019 $1,696 $91,010 $88,200 $2,810
2018 $1,559 $81,810 $81,000 $810
2017 $1,398 $81,810 $81,000 $810
2016 $1,373 $81,810 $81,000 $810
2015 $1,373 $242,500 $81,000 $161,500
2014 $1,365 $262,091 $140,000 $122,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100373269

Hive MLS

APN: 250CN017