NOT LISTED FOR SALE

1213 Ocean Dr Unit E&W Emerald Isle, NC 28594

Estimated Value: $1,374,000 - $1,594,000

4 Beds
2 Baths
1,680 Sq Ft
$871/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $505,000 $301 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $8,198/month

168 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 November 2019

Ocean Front Full Dulpex This is a 2 bedroom, 1 1/2 bath(per side) property waiting for a new owner! Reasonable pricing will make this a property you can make your own. The decks were replaced in 2017, ocean side and street side. A new septic was installed in 2017 for both sides. A flooring allowance of $4000 is offered. This has been a consistent income producer over the years. Pictures are pre storm. Rental Incomes: 2015 $42,910 2016 $49,994 2017 $52,656 2018 $42,375

Last Agent to Sell the Property

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 04/05/2019

Emerald Isle Realty

Last Buyer's Agent

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 04/05/2019

Emerald Isle Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Ocean Front

Parking

  • On-Site Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Furnished
  • Ocean Views

Outdoor Features

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

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6324.13.14.6700000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,860

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1972
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: Furnished
  • List Price per Sq Ft: 386.90
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities
  • Property Mgmt Company: Yes

Lot Info

  • Deed Page: 49.00
  • Lot Acres: 0.26
  • Lot Dimensions: 75x150
  • Lot Sq Ft: 11238.00
  • Lot Water Features: Ocean Side
  • Zoning: RES
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6324.13.14.6700000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 1384.34
  • Total Real Estate Property Taxes: 2860.16

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Vithaoulkas Terry and Vithaoulkas Tina L
Bought by
Mihalek Karl and Mihalek Patricia
Current Estimated Value
$1,462,990

Purchase Details

Listed on
Apr 5, 2019
Closed on
Oct 29, 2019
Sold by
Shoebox Properties Llc
Bought by
Vithoulkas Terry and Vithoulkas Tina L
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Emma Singleton
Emerald Isle Realty
List Price
$695,000
Sold Price
$505,000
Premium/Discount to List
-$190,000
-27.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.47%
Original Mortgage
$378,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2006
Sold by
Lamson Joan E
Bought by
Shoebox Properties Llc
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
Mihalek Karl $870,000 None Available
Vithoulkas Terry $505,000 None Available
Shoebox Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vithoulkas Terry $378,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2019 11/07/19 Sold $505,000 -27.3% $301 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $695,000 -- $414 / 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 $6,036 $1,496,466 $1,058,625 $437,841
2024 $4,552 $707,205 $571,200 $136,005
2023 $4,164 $707,205 $571,200 $136,005
2022 $4,074 $707,205 $571,200 $136,005
2021 $4,074 $707,205 $571,200 $136,005
2020 $4,095 $679,993 $571,200 $108,793
2019 $1,491 $476,071 $365,400 $110,671
2017 $1,491 $476,071 $365,400 $110,671
2016 $1,491 $476,071 $365,400 $110,671
2015 $1,443 $476,071 $365,400 $110,671
2014 $1,570 $518,414 $454,860 $63,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100158778

Hive MLS

APN: 6324.13.14.6700000