tomo logo

$1,300,000

Beds
5
Baths
4.0
sq ft
2,400

3225 E Beach Dr, Oak Island, NC 28465

3225 E Beach Dr

Oak Island, NC 28465

  • 2 days on market
Ready to spend your ''Daze at Sea''? Oceanfront home with established vegetation! This home has withstood the tests of time (built prior to Hurricane Hazel) and still standing strong with bulk heading remaining in place! Ideal rental home with long standing rental history. Ocean side deck with Magnificent views and just steps to the sandy beaches. This nostalgic beach cottage reflects it's name providing all one needs to spend your Daze at Sea, providing restorative comfort of watching the rolling tide and listening to the waves of the sea. A large galley table awaits evenings of low country boils , peel and eat and catch of the day! Make this a must See! Home has ground floor living with great room, bedroom & bath which provides a great space to take a break from fun in the sun or game time with family & friends. You will not want to leave when you take a seat and look at the expansive view from picture windows, but until you make it yours, you have to go so the renters can come! Lot is wider than typical. Are you ready for BEACH life? The town of Oak Island offers numerous amenities such as golf, tennis, basketball, picnic area, boat launches & public docks & water accesses yet NO hoa fees! This is your opportunity to own a piece of Long Beach history.

Details

Property type

Single Family Residence

Est. home value

$1,065,861

Lot size

4,356 sq ft

Price per sq ft

$542

Year built

1940

Price History

02/21/2025
NorthCarolinaRegional

NorthCarolinaRegional #100490197

Listed
$1,300,000
+106.35%
02/22/2021
NorthCarolinaRegional

NorthCarolinaRegional #100252582

Sold
$630,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$775,417
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$420,583
Cash to seller
$775,417

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Goprime Mortgage Inc

Loan start date

October 2019

Original loan amount

$472,000

Est. remaining balance

$420,583

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Robert Roland Ruark and Christine Ann Coetzee

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 11:40 PM

Listing updated: 02/21/2025 at 12:17 PM

Listed by: Kim S Anderson, Art Skipper Realty Inc. Phone #: (910) 278-6730

MLS: NorthCarolinaRegional #100490197

NorthCarolinaRegional logo

Recently listed in Oak Island

$950,000|3 bd|2.0 ba|House
$370,000|3 bd|2.0 ba|House
$599,900|3 bd|2.0 ba|House
$1,300,000|5 bd|4.0 ba|House
$999,900|4 bd|3.5 ba|House
$505,000|3 bd|2.0 ba|House
$505,000|3 bd|2.0 ba|House
$1,225,000|3 bd|2.5 ba|House
$1,599,000|4 bd|3.5 ba|House