106 Matt Dr Emerald Isle, NC 28594
Estimated Value: $761,187 - $978,000
4
Beds
2
Baths
1,746
Sq Ft
$481/Sq Ft
Est. Value
Highlights
- Ocean Side of Freeway
- Deck
- No HOA
- White Oak Elementary School Rated A-
- Corner Lot
- Central Air
About This Home
As of December 2020Full Duplex, Ocean Side, Emerald Isle!Looking for an investment property? Or Looking for a place to escape to the wide sandy beaches of Emerald Isle? You can have both with this charming full duplex! With 2 BR 1 BA per unit, you can rent one out and enjoy the other! OR rent both out, as Seller does and gross 35k plus a year! These units do well as long term rentals and would also be fantastic seasonal rentals. The large corner lot should have room for a pool which would further increase rentability! 5th row from the beach, the top floor unit has views of the ocean, and this location has easy beach access just 4 houses away. Located adjacent to the walking/running/bike path that stretches the length of Emerald Isle. Bring your boat and enjoy the public boat launch a short distance away. So may options! Recent updates include upstairs remodeled kitchen w new appliances (2020) roof (2019) Flooring and HVAC systems (3-5 years) and more! Upper level is offered furnished (excluding tenants' items) and lower level is unfurnished. The lowest level of the duplex is a large unfinished shared space which includes the laundry and room for a possible game room / rec room and tons of storage for your kayaks, surfboards, bikes, etc. This is your chance to own the dream! AND have renters help pay the mortgage!
Last Agent to Sell the Property
Margaret Nelson
Advantage Coastal Properties License #239790 Listed on: 07/21/2020
Last Buyer's Agent
A Non Member
A Non Member
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23
Year Built
- Built in 1974
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 119x112x118x112
- Corner Lot
Parking
- On-Site Parking
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Piling Construction
Interior Spaces
- 2 Bathrooms
- 2-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Fire and Smoke Detector
- Stove
Outdoor Features
- Ocean Side of Freeway
- Deck
Schools
- Broad Creek Middle School
- Croatan High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 630419628067000
Community Details
Overview
- No Home Owners Association
Pet Policy
- Only Owners Allowed Pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2020
Closed on
Nov 23, 2020
Sold by
Julian Michael J and Julian Michelle L
Bought by
Hill Bruce
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
A Non Member
A Non Member
List Price
$445,000
Sold Price
$440,000
Premium/Discount to List
-$5,000
-1.12%
Total Days on Market
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,547
Avg. Annual Appreciation
15.49%
Original Mortgage
$346,000
Outstanding Balance
$314,861
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$523,806
Purchase Details
Closed on
Dec 20, 2005
Sold by
Prax Es Llc
Bought by
Julian Michael J and Julian Michelle L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,200
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 4, 2005
Sold by
Bray Carolyn R and Bray James P
Bought by
Prax Es Llc
Similar Home in Emerald Isle, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hill Bruce | $440,000 | None Available | |
| Julian Michael J | $394,000 | None Available | |
| Prax Es Llc | $250,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Hill Bruce | $0 | |
| Open | Hill Bruce | $346,000 | |
| Previous Owner | Julian Michael J | $267,282 | |
| Previous Owner | Julian Michael | $310,000 | |
| Previous Owner | Julian Michael J | $315,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2020 12/09/20 | Sold | $440,000 | -1.1% | $252 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 07/21/2020 07/21/20 | For Sale | $445,000 | -- | $255 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $23 | $382,635 | $257,809 | $124,826 |
| 2023 | $2,537 | $382,635 | $257,809 | $124,826 |
| 2022 | $2,459 | $382,635 | $257,809 | $124,826 |
| 2021 | $2,401 | $382,635 | $257,809 | $124,826 |
| 2020 | $2,381 | $382,635 | $257,809 | $124,826 |
| 2019 | $1,165 | $371,071 | $233,938 | $137,133 |
| 2017 | $1,165 | $371,071 | $233,938 | $137,133 |
| 2016 | $1,165 | $371,071 | $233,938 | $137,133 |
| 2015 | $1,128 | $371,071 | $233,938 | $137,133 |
| 2014 | $1,296 | $427,133 | $288,096 | $139,037 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2020
Margaret Nelson
Advantage Coastal Properties
-
A
Buyer's Agent in 2020
A Non Member
A Non Member
Map
Source: Hive MLS
MLS Number: 100227909
APN: 6304.19.62.8067000
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