NOT LISTED FOR SALE

118 Shell Dr Unit E Emerald Isle, NC 28594

Estimated Value: $755,479 - $822,000

5 Beds
4.5 Baths
2,016 Sq Ft
$398/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $405,000 $201 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,416/month

113 Days on Market

Highlights

  • Water Views
  • Ocean Side of Freeway
  • Wooded Lot
  • White Oak Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of August 2020

Unique oceanside Sea-cret Getaway. It is with a heavy heart that the family lets this one go. Countless memories and traditions have been created in this eclectic space by a large and loving family! Now, it is another family's turn. Located in the center of Emerald Isle steps away from the ocean. From the moment you arrive at this rare (5 Bedroom 4.5 Bath home) you can hear the power and mystical sounds of the Atlantic ocean off the two massive decks or through the windows. Practically a new home, looks and smells brand new! Totally Renovated last year, stripped to the studs and rebuilt. New wiring, plumbing, floors, doors, countertops fixtures, appliances, HVAC, roof and paint. Dual washer and dryer hookups on separate floors Conveniently located within walking, biking or golf cart distance from restaurants, grocery stores, shopping and entertainment. An Ocean walk or swim is steps away with a brand new Outdoor Shower awaiting your return. Broker is related to seller. Perfect Home, Second Home, long term or short term rental. This house performs very well on air bnb!

Last Agent to Sell the Property

Patrick Gahagan

High Tide Realty LLC License #230998 Listed on: 02/20/2020

Last Buyer's Agent

Donald Whiteside

Emerald Isle Realty License #172902

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 2007

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 75x154x75x154
  • Wooded Lot

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • 4-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Mud Room
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Range Hood
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 4 Parking Spaces
  • 4 Attached Carport Spaces
  • Shared Driveway
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Doors
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5383.11.77.4264000

Community Details

Overview

  • No Home Owners Association

Security

  • Security Lighting
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,452

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Modular
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 4.0
  • Stories Levels: 3 Story or More
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Mud Room, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 210.81
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5
  • Number Rooms: 7
  • Sq Ft Heated: 2016.00
  • Total Heated Primary Separate Sq Ft: 2016.00

Exterior Features

  • Exterior Features: Outdoor Shower, Thermal Windows, Thermal Doors, Security Lighting
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Open, Patio, Deck
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 4.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Carport Spaces: 4.00
  • Parking Driveway: Assigned, On Site, Shared, Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Ice Maker, Dryer, Disposal
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 382.00
  • Lot Acres: 0.13
  • Lot Description: Wooded
  • Lot Dimensions: 75x154x75x154
  • Lot Sq Ft: 5663.00
  • Lot Water Features: Ocean Side
  • Plat Book: 31
  • Plat Page: 467
  • Zoning: Res

Green Features

  • Green Bldg Features: LED Lighting

Tax Info

  • Tax Identifier: 5383.11.77.4264000
  • Tax Year: 2019

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jul 23, 2020
Sold by
Gahagan Mickey S and Gahagan Stacey
Bought by
Grater Darryl and Grater Dorothy
Seller's Agent
Patrick Gahagan
High Tide Realty LLC
Buyer's Agent
Donald Whiteside
Emerald Isle Realty
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$803,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,120
Avg. Annual Appreciation
13.99%
Original Mortgage
$324,000
Outstanding Balance
$287,302
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$515,818

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 19, 2018
Sold by
Shepherd Built Construction Llc
Bought by
Gahagan Mickey S and Gahagan Stacey
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Dustin Pelkey
Military Relocator, Inc.
List Price
$31,900
Sold Price
$315,000
Premium/Discount to List
$283,100
887.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Original Mortgage
$283,500
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Grater Darryl $405,000 None Available
Gahagan Mickey S $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grater Darryl $324,000
Previous Owner Gahagan Mickey S $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $405,000 -4.7% $201 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $425,000 +34.9% $211 / Sq Ft
06/29/2018 06/29/18 Sold $315,000 +887.5% $156 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $31,900 0.0% $16 / Sq Ft
01/11/2018 01/11/18 Rented $1,650 -10.8% --
12/12/2017 12/12/17 Under Contract -- -- --
07/05/2017 07/05/17 For Rent $1,850 -- --
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 $2,452 $611,867 $95,000 $516,867
2024 $1,972 $311,639 $99,533 $212,106
2023 $1,884 $311,639 $99,533 $212,106
2022 $1,833 $311,639 $99,533 $212,106
2021 $1,791 $311,639 $99,533 $212,106
2020 $1,781 $311,639 $99,533 $212,106
2019 $757 $239,500 $0 $239,500
2017 $757 $239,500 $0 $239,500
2016 $757 $239,500 $0 $239,500
2015 $734 $239,500 $0 $239,500
2014 $898 $299,300 $0 $299,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100205398

Hive MLS

APN: 5383.11.77.4264000