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7001 East Oak Island Drive

7001 East Oak Island Drive, Oak Island, NC 28465
Property in Brunswick
Sold Mar 23, 2021
$340,000
$272,000 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2051
Sold Feb 01, 1996
Transfer
7001 East Oak Island Drive has been categorized by the local assessors in Oak Island, NC as a residential type of property. The building on the property was first built in 1996 and is 28 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7001 East Oak Island Drive has 1,600 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,819 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a gable style roof made of metal. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7001 East Oak Island Drive sold most recently in Mar 4, 2021 for a total of $340,000. If you work out the math, that's approximately a cost of $212.50 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,690 in taxes each year. 7001 East Oak Island Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $554,770. If we break it down further, the land itself was valued at $250,000. Improvements to the property, however, were assessed at a total of $304,770. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,819
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,600
  • Gross Building Area: 2,522
  • Building Area: 1,600
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 1,600
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARADISE SHORES
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L-49 B-4B PARADISE SHORES PLAT N/188

Ownership

  • Current Owner : GHOSAL SOUVIK
  • Current Owner 2: CHAUDHURI POULOMI
  • Previous Owner : SAILORS JIMMY RAY
  • Previous Owner 2: SAILORS KAY H
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Brunswick County Schools
  • School Tax School District: OAK ISLAND
  • Census Tract: 020315

Zoning

  • Zoning: OKR6A

Geography

  • Assessors Map Reference: MAP 250BL
  • Account Number: 80108319
  • Parcel: 250BL02418
  • Block: 4B
  • Lot: 49
  • Municipality: OAK ISLAND
  • Latitude: 33.9092
  • Longitude: -78.0945

    Address

  • Full Address: 7001 E Oak Island Dr
  • Address - House Number: 7001
  • Street Direction: E
  • Address - Street Name: Oak Island
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Oak Island
  • Carrier Code: H003
  • 4-Digit Zip Code: 4522
  • Zip Code: 28465

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,690

    Appraisal Valuation

  • Standard Deviation: 0.2208
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 69
  • Final Value: 702,500
  • High Value: 857,655
  • Low Value: 547,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $272,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Mar 23, 2021
  • First Open Lien Mortgage Loan Amount: $272,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $554,770
  • Market Land Value: $250,000
  • Market Improvement Value: $304,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $554,770
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $304,770

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Transaction ID: 11849430861
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 01, 1996
  • Previous Sale Contract Date: Feb 01, 1996
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Mar 23, 2021
  • First Mortgage Loan Amount: $272,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Oak Island



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Frequently Asked Questions

What neighborhood is 7001 East Oak Island Drive located in?
The 7001 East Oak Island Drive is a located in the neighborhood of Brunswick in Oak Island, Oak Island.
What is the average sales price for listings in 7001 East Oak Island Drive?
The average sales price for units in 7001 East Oak Island Drive is $0 currently.

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