NOT LISTED FOR SALE

8505 E Oak Island Dr Unit 4 Oak Island, NC 28465

Estimated Value: $398,183

3 Beds
2 Baths
1,563 Sq Ft
$150/mo HOA Fee

Last Sold August 13, 2020

Last sale price $205,000 $131 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,391/month

3 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry closet
  • Covered Patio or Porch
  • Walk-In Closet
  • Central Air

About This Home

As of August 2020

Beautiful, spacious condo living just a few blocks from the beach. Located in a great desireable location on Oak Island - close to shopping, dining, golfing, and of course the beach. Convenient to historic Southport, Wilmington (40 Min) Myrtle Beach (90) Min and airports. A spacious front porch area that leads to the living room of a beautiful open area floor plan.This condo features hardwood flooring, crown molding, freshly painted throughout, and a breakfast bar separating the kitchen from the dining area. A first floor bedroom and bath lead to a convenient laundry area. Two (2) additional bedrooms on the second floor featuring walk-in closets with extra storage space. A Fantastic Condominium !ACCEPTING BACK-UP CONTRACTS.Limited cash reserves which may effect government financing, such as VA, FHA, & USDA loans. 10% down payment required.

Last Agent to Sell the Property

Jeffrey Scheiner

BLUE CHIP REAL ESTATE License #311141 Listed on: 06/30/2020

Last Buyer's Agent

Kathy MacNish

Margaret Rudd Assoc/O.I. License #92024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 2003

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,563 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 250cj02705

Community Details

Overview

  • Roof Maintained by HOA
  • Yaupon Beach Subdivision
  • Maintained Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,560

Year Built

Built in 2003

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-In Closet, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 134.29
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1563.00
  • Total Heated Primary Separate Sq Ft: 1563.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Assigned, Off Street, Shared, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • 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: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Roof, Taxes, Sidewalk, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 1800.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 1211.00
  • Lot Water Features: None
  • Plat Book: CB9
  • Plat Page: 254
  • Special Assessments: None known
  • Zoning: Mixed use

Tax Info

  • Tax Identifier: 250cj02705
  • Tax Year: 2019

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jul 17, 2020
Sold by
Hopkins John Kirby and Hopkins Edna Mallory
Bought by
Moss Robert V and Moss Jennifer L
Seller's Agent
Jeffrey Scheiner
BLUE CHIP REAL ESTATE
Buyer's Agent
Kathy MacNish
Margaret Rudd Assoc/O.I.
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Current Estimated Value
$398,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,183
Avg. Annual Appreciation
13.73%
Original Mortgage
$198,850
Outstanding Balance
$175,997
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$222,186

Purchase Details

Closed on
Feb 25, 2016
Sold by
Hopkins John Kirby and Hopkins Edna Mallory
Bought by
Hopkins John Kirby and Hopkins Edna Mallory

Purchase Details

Closed on
Nov 1, 2003
Bought by
Hopkins John K
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
Moss Robert V $205,000 None Available
Hopkins John Kirby -- None Available
Hopkins John K $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Robert V $198,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $205,000 -2.3% $131 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $209,900 -- $134 / 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 $1,560 $303,590 $0 $303,590
2024 $1,560 $303,590 $0 $303,590
2023 $1,159 $303,590 $0 $303,590
2022 $1,159 $152,240 $0 $152,240
2021 $1,099 $152,240 $0 $152,240
2020 $1,049 $152,240 $0 $152,240
2019 $1,049 $0 $0 $0
2018 $975 $0 $0 $0
2017 $975 $0 $0 $0
2016 $950 $0 $0 $0
2015 $950 $161,900 $0 $161,900
2014 $1,010 $188,590 $0 $188,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100224561

Hive MLS

APN: 250CJ02705