$1,500,000
SOLD DEC 12, 2024

11007 Inlet Dr Emerald Isle, NC 28594

4 Beds
4 Baths
2,417 Sq Ft
0.73 Acres

Recently Sold

$621 Per Sq Ft

32% Below List Price

52 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • 0.73 Acre Lot
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Deck

About This Home

As of December 2024

Welcome to 11007 Inlet Drive, an oceanfront oasis in a prime location at Emerald Isle's celebrated seaside community, The Point. This 4-bedroom, 4-bath house has been the much-loved home of the Lipsitz family since it was built in 1983. It sits on one of the largest oceanfront parcels available at The Point, a .73-acre lot offered in the original plat of the community as a duplex lot to host two 3-bedroom duplex units. A second-level addition was added in 1990. Three generations of family members have enjoyed warm summer days basking on the deck, swimming in the ocean and celebrating countless beachside holidays. The property offers 2420 square feet of living space with an expansive wooden deck, and a private walkway to beach access. The family is offering the home in ''as is'' state. It includes an elevator from the ground level for ease of mobility. As you enter the primary level your gaze is immediately drawn to the broad, expansive ocean views captured by the open floor plan, with plenty of kitchen space for entertaining. The open-kitchen concept has ample seating for dining as well as a great room with plenty of space for gatherings or just watching the changing colors of the sea and incredible western sunsets. The fireplace is ornamental. The main level offers a laundry closet, a primary bedroom with ensuite bath, and a second bedroom and hall bath. A small office/playroom has been used as a child's room over the years. The second level offers two large bedrooms each with dual closets and ensuite baths. Both bedrooms lead to an enclosed porch that runs the length of the second floor, with wall-to-wall windows offering incredible views of the beach; it's a room that can be easily converted to an additional sleeping space at holidays or use as a TV or game room. The ground level of the home offers a generous storage space (with cedar closets) that can double as a recreational area for ping-pong, pool, or more. Water softener not in use.

Last Agent to Sell the Property

Maureen Callaghan Lau

HomeSmart Connections License #274874 Listed on: 09/09/2024

HomeSmart Connections

Co-Listed By

Michael Silvester

HomeSmart Connections License #275109

Last Buyer's Agent

Jaime Barefoot

Barefoot-Chandler & Associates License #230527

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 1983

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 75x410x78x428
  • Ocean Front
  • Dunes

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,417 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Combination Dining and Living Room
  • Ocean Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Water Access
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wyndtree Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 537318314493000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,102

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1983
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: See Remarks
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Ceiling - Vaulted, Elevator
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 786.10
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 2417.00
  • Total Heated Primary Separate Sq Ft: 2417.00

Exterior Features

  • Exterior Finish: Fiber Cement, Wood Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 6.00
  • Parking Driveway: Concrete, Covered

Utilities

  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water, Water Connected, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 226.00
  • Lot Acres: 0.73
  • Lot Description: Dunes, See Remarks
  • Lot Dimensions: 75x410x78x428
  • Lot Number: 4
  • Lot Sq Ft: 31799.00
  • Lot Water Features: Ocean Side, Water Access Comm
  • Plat Book: 8
  • Plat Page: 63
  • Special Assessments: None Known
  • Zoning: residential
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 537318314493000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 5101.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Dec 10, 2024
Sold by
Lipsitz Lelia Sumner and Flippin Alexis Lipsitz
Bought by
Geofish Llc
Seller's Agent
Maureen Callaghan Lau
HomeSmart Connections
Buyer's Agent
Jaime Barefoot
Barefoot-Chandler & Associates
List Price
$2,200,000
Sold Price
$1,500,000
Premium/Discount to List
-$700,000
-31.82%
Views
54
Current Estimated Value
$1,528,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,295
Avg. Annual Appreciation
-1.69%
Source: Public Records

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Range of Values:

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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 $1,500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $170,000 New Conventional
Previous Owner $189,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $1,500,000 -21.1% $621 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/23/2024 10/23/24 Price Changed $1,900,000 -13.6% $786 / Sq Ft
09/10/2024 09/10/24 For Sale $2,200,000 -- $910 / Sq Ft
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 $55 $933,383 $659,072 $274,311
2023 $5,397 $933,383 $659,072 $274,311
2022 $5,284 $933,383 $659,072 $274,311
2021 $2,590 $933,383 $659,072 $274,311
2020 $5,170 $933,383 $659,072 $274,311
2019 $2,280 $730,742 $490,699 $240,043
2017 $2,301 $737,381 $490,699 $246,682
2016 $2,301 $737,381 $490,699 $246,682
2015 $2,227 $737,381 $490,699 $246,682
2014 $2,860 $948,471 $662,676 $285,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100465202

Hive MLS

APN: 5373.18.31.4493000