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308 40th St

Oak Island, NC 28465

3 bd 3 ba 1,668 sqft Built 1987 Lot 8,800 sqft single_family
Most recent sale
$665,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $665,000 MLS #100325972
Jul 2, 2022 Price changed $684,900 MLS #100325972
Jun 30, 2022 Price changed $695,000 MLS #100325972
May 22, 2022 Price changed $699,900 MLS #100325972
May 5, 2022 Listed $719,000 MLS #100325972
Dec 15, 2020 Sold $429,000 Public Record
Oct 22, 2020 Sold $429,000 MLS #100228067

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $468,830 $165,000 $633,830 $2,421
2024 $468,830 $165,000 $633,830 $2,541
2023 $447,870 $165,000 $612,870 $2,541
2022 $168,540 $63,000 $231,540 $1,395
2021 $168,540 $63,000 $231,540 $1,366
2019 $168,540 $63,000 $231,540 $1,341
2018 $180,120 $40,000 $220,120 $1,281
2017 $180,120 $40,000 $220,120 $1,281
2016 $180,120 $40,000 $220,120 $1,256
2015 $180,120 $40,000 $220,120 $1,256
2014 $151,578 $45,000 $196,578 $1,048
2013 $151,578 $45,000 $196,578 $1,048
2012 $151,580 $45,000 $196,580 $1,048
2010 $169,530 $135,000 $304,530 $1,097
2009 $169,530 $135,000 $304,530 $1,097
2008 $91,890 $135,000 $226,890 $743

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,668 sqft
Lot size
8,800 sqft
ZIP code
28465
City
Oak Island
Street
40th St
Coordinates
33.91926, -78.12046

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,252
Gross rental yield
4.06%
Implied cap rate
2.64%
Trend-extrapolated value

Frequently asked questions

When did 308 40th St last sell?
308 40th St most recently sold on Aug 24, 2022 for $665,000.
What is the current tax assessment for 308 40th St?
The most recent total assessment for 308 40th St (year 2025) is $633,830 with $2,421 in property tax.
How does 308 40th St's assessment compare to its last sale price?
The current assessment is 4.7% below the last sale price of $665,000.
When was 308 40th St built?
308 40th St was built in 1987.
How does 308 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 308 40th St?
308 40th St is a 3 bed, 3 bath, 1,668 sqft, 8,800 sqft lot single_family.
Is 308 40th St a flip candidate?
Yes — 308 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 308 40th St a tax-appeal candidate?
No — 308 40th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$756.7K
2026 Q4
$765.6K
ZIP 28465 — Median Price History + Forecast

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