NOT LISTED FOR SALE

8 E Yacht Dr Oak Island, NC 28465

Estimated Value: $630,000 - $729,000

3 Beds
2 Baths
1,600 Sq Ft
$434/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $417,000 $261 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,838/month

104 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Boat Lift
  • Southport Elementary School Rated 9+
  • Golf Course Community
  • Fitness Center

About This Home

As of August 2020

Waterfront 3 bedroom 2 bath home with bulkhead, dock & boat lift! Practically FREE home with a recent land sale of $400,000. a few blocks away without dock etc. Step into this recently renovated & updated home with expansive hurricane impact windows overlooking the Waterway and luxury water resistant vinyl flooring throughout. Granite counters & upgraded LG appliances in the kitchen. The ensuite boasts a tiled shower, double closets and barn style door. New Hvac & Hardi siding. Metal roof. The old time charm remains with wood ceilings. Property has LOMC & was removed from flood zone. Near bridge to the beach accesses and to mainland. Home is in USACE encroachment but additions allowed on land not in the easement with Town Codes. Code will NOT allow 2 separate homes on 1 lot; but you could build new home in future & remove this structure to another location or redo to keep as accessory structure.

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 03/24/2020

Last Buyer's Agent

Jeanette Sanderson

Carolina Plantations Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1956

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 60 x 227 x 64 x 235
  • Waterfront
  • Corner Lot
  • Property is zoned R6

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Double Pane Windows
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Intracoastal Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Boat Lift

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Accessible Ramps
  • Energy-Efficient Doors

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 234ea028

Community Details

Recreation

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

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,316

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1956
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: See Remarks, Vinyl
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-in Shower, Solid Surface, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 265.63
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1600.00
  • Total Heated Primary Separate Sq Ft: 1600.00

Exterior Features

  • Exterior Features: DP50 Windows, Thermal Windows, Thermal Doors, Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Sidewalk, Tennis Court(s), Street Lights, Playground, Restaurant, Ramp, Marina, Fitness Center, Golf Course

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 503.00
  • Lot Acres: 0.32
  • Lot Description: Corner Lot
  • Lot Dimensions: 60 x 227 x 64 x 235
  • Lot Number: 1
  • Lot Sq Ft: 13939.00
  • Lot Water Features: Boat Dock, Bulkhead, Boat Lift
  • Plat Book: 6
  • Plat Page: 34
  • Zoning: R6
  • Lot View Type: ICW View, Water View

Tax Info

  • Tax Identifier: 234ea028
  • Tax Year: 2020

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
Aug 6, 2020
Sold by
Homes By John Bailey & Associates Inc
Bought by
Fisher David Brian
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Jeanette Sanderson
Carolina Plantations Real Estate
List Price
$475,000
Sold Price
$417,000
Premium/Discount to List
-$58,000
-12.21%
Current Estimated Value
$694,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,989
Avg. Annual Appreciation
10.34%
Original Mortgage
$375,300
Outstanding Balance
$332,917
Interest Rate
3%
Estimated Equity
$362,072

Purchase Details

Closed on
Oct 16, 2018
Sold by
Bailey Special Assets Llc
Bought by
Homes By John Bailey & Associates Inc

Purchase Details

Closed on
May 7, 2018
Sold by
Osborne Margaret J
Bought by
Balley Special Assets Llc

Purchase Details

Closed on
Jan 1, 2003
Bought by
Osborne William H Et Margaret J
Source: Public Records

Range of Values:

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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
Fisher David Brian $417,000 None Available
Homes By John Bailey & Associates Inc -- None Available
Balley Special Assets Llc $349,000 None Available
Osborne William H Et Margaret J $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher David Brian $375,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $417,000 -12.2% $261 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $475,000 -- $297 / 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 $2,316 $554,020 $400,000 $154,020
2024 $2,316 $554,020 $400,000 $154,020
2023 $2,181 $554,020 $400,000 $154,020
2022 $2,181 $381,080 $280,000 $101,080
2021 $2,151 $381,080 $280,000 $101,080
2020 $2,126 $381,080 $280,000 $101,080
2019 $1,883 $299,230 $280,000 $19,230
2018 $1,321 $206,880 $200,000 $6,880
2017 $1,321 $206,880 $200,000 $6,880
2016 $1,309 $206,880 $200,000 $6,880
2015 $1,309 $239,730 $200,000 $39,730
2014 $1,363 $272,032 $240,000 $32,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100210830

Hive MLS

APN: 234EA028