$410,000
SOLD NOV 6, 2024

8509 E Oak Island Dr Unit 5 Oak Island, NC 28465

3 Beds
2 Baths
1,518 Sq Ft
$242/mo HOA Fee

Recently Sold

$270 Per Sq Ft

6% Below List Price

174 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Furnished
  • Main Floor Primary Bedroom
  • End Unit
  • Covered Patio or Porch

About This Home

As of November 2024

Welcome to one of the most expansive condos available on Oak Island! It is perfectly situated in the Yaupon Beach area, to the south side of Oak Island Drive and only 2 blocks to the ocean. This stunning upstairs, furnished end unit offers an unparalleled living experience with its spacious layout and ease of not only getting to the beach but on and off the island as well.As you step inside, you'll be greeted by an open-concept living area that seamlessly blends comfort and style. The modern kitchen is equipped with ample counter space and elegant cabinetry, creating an inviting space for day to day living as well as family gatherings.The property features generously sized bedrooms, each designed with relaxation and maximum bed space in mind. The primary bedroom is conveniently located on the main living level and has plenty of closet space. Additional bedrooms upstairs provide flexibility for guests, a home office, or a hobby room. One of the standout features of this condo is the spacious covered balcony. Perfect for enjoying your morning coffee or even getting some work done on your computer, this outdoor space offers a peaceful retreat with palm tree views. Additionally, this property is not located in a flood zone, providing you with peace of mind and potentially lower insurance costs. These condos very rarely come available, so capitalize on its prime location, spacious interior, and large covered balcony, while creating the ideal blend of comfort and coastal living. Oak Island and Southport offer a friendly, welcoming atmosphere with plenty of recreational activities, events and water view dining options to choose from! This home is back on market due to buyer no longer meeting financing requirements and at no fault to the property itself. Sellers will be offering concessions for using preferred lender with the additional possibility of seller financing.Schedule your showing today and experience the best of island life!

Last Agent to Sell the Property

Jenna Kazmierczak

Salty Air Living LLC License #343642 Listed on: 05/14/2024

Last Buyer's Agent

Brian Inskip

eXp Realty License #321969

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,555

Year Built

  • Built in 2003

Lot Details

  • End Unit

HOA Fees

  • $242 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,518 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel
  • Termite Clearance
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Lighted Parking
  • Shared Driveway
  • On-Site Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 250cj02605

Community Details

Overview

  • Roof Maintained by HOA
  • Live Oak Landing HOA, Phone Number (919) 333-5345
  • Live Oak Landing Subdivision
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,555

Year Built

Built in 2003

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: End Unit, Two
  • Year Built: 2003
  • Trash Collection: City Pick-UP
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Furnished, Walk-In Closet, Walk-in Shower, Smoke Detectors, Blinds/Shades
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 286.50
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1518.00
  • Total Heated Primary Separate Sq Ft: 1518.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Asphalt, Lighted, Shared, Parking Lot, On Site, Off Street

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central, Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Fireplace(s), Forced Air
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Termite Bond, Roof, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 2900.00
  • HOAAssociationName: Live Oak Landing HOA
  • HOAAssociationPhone: 9193335345

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 1103.00
  • Plat Book: CB-9
  • Plat Page: 54
  • Zoning: CB

Tax Info

  • Tax Identifier: 250cj02605
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 1554.98

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Nov 4, 2024
Sold by
Timmons Nicholas and Timmons Ashley
Bought by
Jones Rebecca S
Seller's Agent
Jenna Kazmierczak
Salty Air Living LLC
Buyer's Agent
Brian Inskip
eXp Realty
List Price
$434,900
Sold Price
$410,000
Premium/Discount to List
-$24,900
-5.73%
Views
296
Current Estimated Value
$421,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,350
Avg. Annual Appreciation
3.30%

Purchase Details

Listed on
Apr 6, 2015
Closed on
Nov 23, 2015
Sold by
Lamiman Tricia Ellyn
Bought by
Timmons Nicholas and Timmons Ashley
Seller's Agent
Laura Lefevre
Southport Realty, Inc.
Buyer's Agent
Cheryl Lowery
Coldwell Banker Sea Coast Advantage
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
May 12, 2005
Sold by
Furr Bobby Lee and Long Paul F
Bought by
Lamiman Tricia Ellyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $410,000 None Listed On Document
Warranty Deed $155,000 Lenders Title & Escrow Llc
Warranty Deed $215,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $172,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $410,000 -5.7% $270 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $434,900 0.0% $286 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/29/2024 08/29/24 Price Changed $434,900 -3.3% $286 / Sq Ft
07/26/2024 07/26/24 For Sale $449,900 0.0% $296 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $449,900 -5.3% $296 / Sq Ft
06/07/2024 06/07/24 For Sale $474,900 0.0% $313 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $474,900 +206.4% $313 / Sq Ft
11/30/2015 11/30/15 Sold $155,000 -16.2% $103 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $185,000 -- $123 / 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 -- $302,350 $0 $302,350
2024 $1,555 $302,350 $0 $302,350
2023 $1,153 $302,350 $0 $302,350
2022 $0 $151,040 $0 $151,040
2021 $0 $151,040 $0 $151,040
2020 $982 $151,040 $0 $151,040
2019 $1,043 $0 $0 $0
2018 $1,007 $0 $0 $0
2017 $1,007 $0 $0 $0
2016 $982 $0 $0 $0
2015 $982 $168,050 $0 $168,050
2014 $1,043 $195,530 $0 $195,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100444970

Hive MLS

APN: 250CJ02605