$215,000
SOLD DEC 21, 2018

101 Melaine St Emerald Isle, NC 28594

0.33 Acre
$651,515 Price per Acre
14,375 Sq Ft Lot

Recently Sold

38% Below List Price

1,538 Days on Market

Highlights

  • Water Views
  • Ocean Side of Freeway
  • No HOA
  • White Oak Elementary School Rated A-
  • Corner Lot

About This Lot

As of May 2022

Great price for this exceptional, 2nd row, ocean view lot with easy beach access located at the corner of Melaine Street and Ocean Drive! This setting is perfect for building your dream home of vacation get-a-way!

Last Agent to Sell the Property

Donald Whiteside

Emerald Isle Realty License #172902 Listed on: 08/05/2014

Last Buyer's Agent

Alyssa Mayer

The Star Team

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,717

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 127 x 113 x 129 x 113
  • Corner Lot
  • Sloped Lot
  • Cleared Lot

Property Views

  • Water Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 6314.13.12.0754000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$1,717

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 240

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Book: 778
  • Deed Page: 605.00
  • Lot Description: Corner Lot, Partially Cleared
  • Lot Dimensions: 127 X 113 X 129 X 113
  • Lot Number: 25
  • Lot Sq Ft: 14462.00
  • Lot Water Features: Ocean Side, Second Row
  • Zoning: Residential
  • Acres: 0.33
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Price per Acre: 803030.30
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Sloped
  • Lot Number2: 25

Tax Info

  • Tax Identifier: 6314.13.12.0754000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 585.00
  • Total Real Estate Property Taxes: 1717.00

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
May 5, 2022
Sold by
Perch Place Llc
Bought by
Ramarque Home Builders Llc
Seller's Agent
Alyssa Crane
Crystal Coast Realty Group
Buyer's Agent
Beth Smith
Keller Williams Realty
List Price
$515,000
Sold Price
$425,000
Premium/Discount to List
-$90,000
-17.48%
Current Estimated Value
$2,355,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,930,500
Avg. Annual Appreciation
83.54%
Original Mortgage
$1,330,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2014
Closed on
Dec 11, 2018
Sold by
Wilson Henry L and Wilson Betty C
Bought by
Perch Place Llc
Seller's Agent
Donald Whiteside
Emerald Isle Realty
Buyer's Agent
Alyssa Mayer
The Star Team
List Price
$345,500
Sold Price
$215,000
Premium/Discount to List
-$130,500
-37.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.34%
Original Mortgage
$139,750
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $425,000 --
Warranty Deed $215,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,100,000 New Conventional
Closed $2,016,000 New Conventional
Closed $1,330,000 New Conventional
Previous Owner $72,000 New Conventional
Previous Owner $139,750 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $425,000 -5.3% --
02/05/2022 02/05/22 Pending -- -- --
01/31/2022 01/31/22 Price Changed $449,000 -3.4% --
09/09/2021 09/09/21 Price Changed $465,000 -6.1% --
08/22/2021 08/22/21 Price Changed $495,000 -3.9% --
07/29/2021 07/29/21 For Sale $515,000 +139.5% --
12/21/2018 12/21/18 Sold $215,000 -37.8% --
10/21/2018 10/21/18 Pending -- -- --
08/05/2014 08/05/14 For Sale $345,500 -- --
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 $29 $488,543 $275,200 $213,343
2023 $3,839 $488,543 $275,200 $213,343
2022 $1,362 $275,200 $275,200 $0
2021 $1,335 $275,200 $275,200 $0
2020 $1,335 $275,200 $275,200 $0
2019 $1,169 $377,126 $377,126 $0
2017 $1,169 $377,126 $377,126 $0
2016 $1,169 $377,126 $377,126 $0
2015 $1,131 $377,126 $377,126 $0
2014 -- $358,311 $358,311 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11403886

Hive MLS

APN: 6314.13.12.0754000