NOT LISTED FOR SALE

113 Palmetto Ln Emerald Isle, NC 28594

Estimated Value: $864,600 - $1,355,000

4 Beds
3.5 Baths
2,145 Sq Ft
$525/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $465,000 $217 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $6,262/month

224 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Ocean Side of Freeway
  • Formal Dining Room
  • White Oak Elementary School Rated A-
  • 1 Fireplace
  • Porch

About This Home

As of December 2012

New Construction! Never occupied. Low-country coastal design with porches, metal roof and beautiful interior finish work! Located in Sea Oats. In Oceanside, gated subdivision with club house and pool. House features an extra room with a full bath on 2nd level. Owner Financing Option.

Last Agent to Sell the Property

Phyllis Howard

Emerald Isle Realty License #139563 Listed on: 04/03/2012

Last Buyer's Agent

Angela Varner

Coldwell Banker Spectrum Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 2010

Lot Details

  • 0.3 Acre Lot
  • Property fronts a private road

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,145 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Ocean Side of Freeway
  • Porch

Utilities

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

Community Details

  • Sea Oats Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 538311679061000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,247

Year Built

Built in 2010

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 2010
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 230.77
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 2145.00
  • Total Heated Primary Separate Sq Ft: 2145.00

Exterior Features

  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Private
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Vent Hood, Stove/Oven - Electric, Microwave - Built-In
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOAAssociationFee1Year: 995.00

Lot Info

  • Deed Page: 45.00
  • Lot Acres: 0.30
  • Lot Dimensions: 73 X 180 X 60 X IR
  • Lot Number: 37
  • Lot Sq Ft: 13068.00
  • Lot Water Features: Deeded Water Access, Ocean Side

Tax Info

  • Tax Identifier: 538311679061000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Mackesy Richard
Bought by
Mackesy Sharon Dorothy
Current Estimated Value
$1,126,650

Purchase Details

Listed on
Apr 3, 2012
Closed on
Dec 14, 2012
Sold by
East Hardwood Company Inc
Bought by
Mackesy Richard and Mackesy Sharon Dorothy
Seller's Agent
Phyllis Howard
Emerald Isle Realty
Buyer's Agent
Angela Varner
Coldwell Banker Spectrum Properties
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$300,000
Outstanding Balance
$55,384
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,071,266

Purchase Details

Closed on
Apr 9, 2012
Sold by
Block 39 Llc
Bought by
East Hardwood Company Inc

Purchase Details

Closed on
Jun 18, 2009
Sold by
Crystal Coast Land Investors Llc
Bought by
Block 39 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.77%
Mortgage Type
Purchase Money 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 Buyer Sale Price Title Company
Mackesy Sharon Dorothy -- None Available
Mackesy Richard $465,000 None Available
East Hardwood Company Inc $427,500 None Available
Block 39 Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackesy Richard $300,000
Previous Owner Block 39 Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $465,000 -15.5% $217 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $550,000 -- $256 / 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 $3,247 $852,687 $369,900 $482,787
2024 $2,643 $444,544 $156,745 $287,799
2023 $2,555 $444,544 $156,745 $287,799
2022 $2,490 $444,544 $156,745 $287,799
2021 $2,436 $444,544 $156,745 $287,799
2020 $2,426 $444,544 $156,745 $287,799
2019 $1,288 $410,574 $108,207 $302,367
2017 $1,288 $410,574 $108,207 $302,367
2016 $1,288 $410,574 $108,207 $302,367
2015 $1,247 $410,574 $108,207 $302,367
2014 -- $575,392 $233,515 $341,877
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11201607

Hive MLS

APN: 5383.11.67.9061000