NOT LISTED FOR SALE

Oak Island, NC 28465

Estimated Value: $1,280,000 - $1,865,000

0.17 Acre
$9,833,476 Price per Acre
7,405 Sq Ft Lot

Last Sold December 28, 2012

Last sale price $180,000

Est. 829% increase in value since last sale

Current estimated payment $9,246/month

502 Days on Market

Highlights

  • Ocean Front
  • Southport Elementary School Rated 9+
  • No HOA

About This Lot

As of December 2012

Bank owned ocean front lot. Looking for a good deal on an oceanfront lot, this is it. Don't buy someone's home that they build for themselves, now you can afford to build your dream home with the beautiful ocean view that you have always wanted. Located on the west end of Oak Island. Convenient access on and off the island via the new bridge.

Last Agent to Sell the Property

Bobby Brandon

Intracoastal Realty Corp Listed on: 07/18/2011

Intracoastal Realty Corp

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,751

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Ocean Front
  • Property is zoned CR

Property Views

  • Water Views

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$5,751

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes

Association/Amenities

  • HOA: No

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 371.00
  • Lot Dimensions: 50x150
  • Lot Sq Ft: 7405.00
  • Zoning: CR
  • Acres: 0.17
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 1464705.88

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

Closed on
Apr 16, 2013
Sold by
Tyson Carlton
Bought by
Clewis William E and Clewis Carleen H
Current Estimated Value
$1,671,691

Purchase Details

Closed on
May 27, 2011
Sold by
Atlantic Carolinas Capital Llc
Bought by
Green Street Iv Llc

Purchase Details

Closed on
Aug 25, 2008
Sold by
Branch Banking & Trust Company
Bought by
Atlantic Carolinas Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 21, 2008
Sold by
Prevatte James R
Bought by
Branch Banking & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.21%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clewis William E $181,000 None Available
Green Street Iv Llc $750,000 None Available
Atlantic Carolinas Capital Llc $487,500 None Available
Branch Banking & Trust Company $567,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atlantic Carolinas Capital Llc $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $180,000 -48.6% --
12/01/2012 12/01/12 Pending -- -- --
07/18/2011 07/18/11 For Sale $349,900 -- --
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 $5,751 $1,400,700 $575,000 $825,700
2024 $5,751 $1,400,700 $575,000 $825,700
2023 $4,835 $1,400,700 $575,000 $825,700
2022 $4,835 $852,440 $275,000 $577,440
2021 $4,775 $852,440 $275,000 $577,440
2020 $4,870 $852,440 $275,000 $577,440
2019 $4,870 $300,090 $275,000 $25,090
2018 $4,031 $283,800 $275,000 $8,800
2017 $3,922 $283,800 $275,000 $8,800
2016 $2,305 $275,000 $275,000 $0
2015 $1,454 $275,000 $275,000 $0
2014 $1,940 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Bobby Brandon

    Seller's Agent in 2012

    Bobby Brandon

    Intracoastal Realty Corp

    (910) 256-4503

    132 Total Sales

    Bobby Brandon
    Section Image

  • A

    Buyer's Agent in 2012

    A Non Member

    A Non Member

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Source: Hive MLS

MLS Number: 30466001

Hive MLS

APN: 234OE015

North Carolina Brunswick County Oak Island

28465

This home since 18 July 2011 and is currently estimated at $1,671,691. This home is a home located in Brunswick County with nearby schools including Southport Elementary School, South Brunswick Middle School, and South Brunswick High School.

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