NOT LISTED FOR SALE

1107 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,432,401 - $1,865,000

6 Beds
3 Baths
2,026 Sq Ft
$804/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $875,000 $432 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,068/month

224 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Furnished
  • White Oak Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of July 2020

Direct Ocean Front Beach Cottage with Astounding Views!!Known as the Pink Flamingo, you'll fall in love when you walk in the door! Panoramic views from the living areas and the two direct ocean front bedrooms. With 6 spacious bedrooms, and 3 baths, there is room to spread out and enjoy all this property has to offer! Step out onto your shaded ocean front deck and enjoy the ocean breezes with your 1st cup of coffee, take a few steps down your personal boardwalk, and you are sitting on the wide sandy beach!! Hard not to fall in love! Bright beachy colors and decor bring the renters back season after season. Renting 4 months a year, this property grosses over $70k and could bring more rental income if offered for additional months. Impeccably and lovingly maintained. Offered furnished, some exceptions and booking for next season! Outdoor shower. Owner interested in Seller financing. Also check out the virtual tour!

Last Agent to Sell the Property

Margaret Nelson

Advantage Coastal Properties License #239790 Listed on: 10/15/2019

Last Buyer's Agent

Gerald Seddon

Landmark Sotheby's International Realty License #300532

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 74x157x74x157
  • Ocean Front
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,026 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 632413243865000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,647

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1980
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Furnished, Smoke Detectors, Ceiling Fan(s)
  • List Price per Sq Ft: 461.50
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 6
  • Number Rooms: 9
  • Sq Ft Heated: 2026.00
  • Total Heated Primary Separate Sq Ft: 2026.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 491.00
  • Lot Acres: 0.26
  • Lot Dimensions: 74x157x74x157
  • Lot Sq Ft: 11238.00
  • Lot Water Features: Ocean Side
  • Plat Book: 8
  • Plat Page: 17
  • Zoning: R2
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 632413243865000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 823.26
  • Total Real Estate Property Taxes: 1646.52

MLS Schools

  • School District: Carteret

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Patterson Jean
Bought by
Lipscomb Joshua Carter and Lane Sarah
Current Estimated Value
$1,628,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$547,144
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,081,706

Purchase Details

Listed on
Oct 15, 2019
Closed on
Jul 16, 2020
Sold by
Harding James E and Harding Marilyn H
Bought by
Lipscomb Joshua Carter and Lane Sarah
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
Gerald Seddon
Landmark Sotheby's International Realty
List Price
$935,000
Sold Price
$875,000
Premium/Discount to List
-$60,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%
Original Mortgage
$612,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2020
Sold by
Harding James E and Harding Marilyn H
Bought by
Harding James E and Harding Marilyn H

Purchase Details

Closed on
Dec 28, 2015
Sold by
Harding Marilyn Hockaday
Bought by
Harding James E and Harding Marilyn H

Purchase Details

Closed on
Mar 5, 2004

Purchase Details

Closed on
Aug 13, 2001
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Lipscomb Joshua Carter -- None Available
Lipscomb Joshua Carter $875,000 None Available
Harding James E -- None Available
Harding James E -- Attorney
-- $475,000 --
-- $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipscomb Joshua Carter $600,000
Previous Owner Lipscomb Joshua Carter $612,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $875,000 -6.4% $432 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
10/15/2019 10/15/19 For Sale $935,000 -- $462 / 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
2025 $6,000 $1,581,419 $1,059,750 $521,669
2024 $4,332 $721,835 $571,200 $150,635
2023 $4,244 $721,835 $571,200 $150,635
2022 $4,152 $721,835 $571,200 $150,635
2021 $4,070 $721,835 $571,200 $150,635
2020 $4,060 $721,835 $571,200 $150,635
2019 $1,662 $531,136 $365,400 $165,736
2017 $1,662 $531,136 $365,400 $165,736
2016 $1,662 $531,136 $365,400 $165,736
2015 $1,603 $529,348 $365,400 $163,948
2014 -- $636,166 $454,860 $181,306
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Margaret Nelson

    Advantage Coastal Properties

  • Gerald Seddon

    Buyer's Agent in 2020

    Gerald Seddon

    Landmark Sotheby's International Realty

    (631) 697-3092

    37 in this area

    106 Total Sales

    Gerald Seddon
    Section Image

  • J

    Buyer's Agent in 2020

    Jerry Seddon

    Crystal Coast Realty & Home Services

See All Agents

Map

Source: Hive MLS

MLS Number: 100188760

Hive MLS

APN: 6324.13.24.3865000

North Carolina Carteret County Emerald Isle 28594

1107 Ocean Dr, Emerald Isle, NC

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