NOT LISTED FOR SALE

Oak Island Beach Villas 1000 Caswell Beach Rd Unit 604 Oak Island, NC 28465

Estimated Value: $533,216 - $618,000

2 Beds
2 Baths
824 Sq Ft
$528/mo HOA Fee

Last Sold March 01, 2023

Last sale price $512,500 $622 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,909/month

180 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • Community Pool
  • Golf Course Community
  • Furnished
  • Covered patio or porch

About This Home

As of March 2023

RECENT PRICE REDUCTION! Enjoy the spectacular ocean view from both the living room AND primary bedroom! Feel the breeze in this top floor, OCEANFRONT CONDO in the Oak Island Beach Villas at Caswell Beach. The main living space of the condo has an open floor plan. The unit is being sold furnished. The improvements include two hurricane grade, oceanfront slider doors. The kitchen was remodeled to include kitchen cabinets, granite countertops, sink, and stainless-steel appliances. The kitchen remodel also expanded the ocean view. Both bathrooms were redone to include ceramic tile flooring, vanities, and tiled showers. GREAT INVESTMENT OPPORTUNITY! Currently on an owner managed rental program through the middle of October. Last year May thru September 2021 produced $24,000 of rental income. Aside from the swimming pool, the community has an outdoor shower and picnic area with grills. There are several boardwalks with direct access to the beach. The Oak Island Golf Course and Duffers Restaurant is nearby. Downtown Southport with its historic district is a short drive away and offers specialty shops and a variety of dining options. Do not miss out on this opportunity whether investment, vacation, or primary home during these low inventory times! NOTE: Be sure to view the Matterport 3D Self-Guided Virtual Tour!

Last Listed By

Michael Brennan

Berkshire Hathaway HomeServices Carolina Premier Properties License #280119 Listed on: 08/05/2022

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1983

Lot Details

HOA Fees

  • $528 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 824 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Laundry in Hall

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Balcony
  • Covered patio or porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 604
  • Assessor Parcel Number 250eb084

Community Details

Overview

  • Master Insurance
  • Oak Island Bch Villa Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,070

Year Built

Built in 1983

Lot Details

0

HOA Fees

$528 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: 1.0
  • Stories Levels: 3rd Floor Unit, One
  • Year Built: 1983
  • Trash Collection: Other
  • Road Frontage Type: Ocean Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Furnished, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Hall
  • List Price per Sq Ft: 629.85
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 824.00
  • Total Heated Primary Separate Sq Ft: 824.00

Exterior Features

  • Exterior Features: Outdoor Shower, Security Lighting
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: See Remarks
  • Porch Balcony Deck: Balcony, Porch, Open, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Shared, Paved

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Trash, Street Lights, Taxes, Picnic Area, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Golf Course
  • HOAAssociationFee1Year: 6331.08

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 1264.00
  • Lot Number: 604
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 2
  • Plat Page: 110
  • Special Assessments: Piping Assessment
  • Zoning: CB-RRCD
  • Lot View Type: Ocean View, Water View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 250eb084
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 679.70
  • Total Real Estate Property Taxes: 2070.00

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Feb 23, 2023
Sold by
Carter Sarah Nichols
Bought by
Meola Arleen and Fucile Michael
Seller's Agent
Michael Brennan
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Tiffany Williamson
Navigate Realty
List Price
$539,000
Sold Price
$512,500
Premium/Discount to List
-$26,500
-4.92%
Total Days on Market
180
Views
243
Current Estimated Value
$565,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,804
Avg. Annual Appreciation
2.61%
Original Mortgage
$384,375
Outstanding Balance
$376,975
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$164,728

Purchase Details

Closed on
Sep 18, 2007
Sold by
Odriscoll Tony Michael and Odriscoll Theresa Sellers
Bought by
Carter Sarah Nichols

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Stewart George C and Stewart Brenda
Bought by
Odriscoll Tony Michael and Odriscoll Theresa Sellers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Meola Arleen $512,500 --
Carter Sarah Nichols $325,000 None Available
Odriscoll Tony Michael $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meola Arleen $384,375
Previous Owner Carter Sarah Nichols $250,000
Previous Owner Odriscoll Tony Michael $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $512,500 -1.3% $622 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/13/2023 01/13/23 Price Changed $519,000 -1.0% $630 / Sq Ft
11/12/2022 11/12/22 Price Changed $524,500 -0.9% $637 / Sq Ft
09/27/2022 09/27/22 Price Changed $529,000 -1.1% $642 / Sq Ft
08/22/2022 08/22/22 Price Changed $535,000 -0.7% $649 / Sq Ft
08/05/2022 08/05/22 For Sale $539,000 -- $654 / 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
2024 $2,710 $472,890 $0 $472,890
2023 $2,127 $472,890 $0 $472,890
2022 $2,127 $251,740 $0 $251,740
2021 $2,070 $251,740 $0 $251,740
2020 $1,995 $251,740 $0 $251,740
2019 $1,988 $0 $0 $0
2018 $1,688 $0 $0 $0
2017 $1,688 $0 $0 $0
2016 $1,633 $0 $0 $0
2015 $1,633 $212,480 $0 $212,480
2014 $1,243 $182,800 $0 $182,800
Source: Public Records

Agents Affiliated with this Home

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Source: Hive MLS

MLS Number: 100342942

Hive MLS

APN: 250EB084