NOT LISTED FOR SALE

1501 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $1,348,000 - $1,890,000

4 Beds
2 Baths
1,320 Sq Ft
$1,232/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,326,000 $1,005 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,943/month

4 Days on Market

Highlights

  • Ocean Front
  • Water Access
  • Deck
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Vaulted Ceiling

About This Home

As of June 2022

Looking for the perfect beach cottage only steps to the ocean? This home has everything you need to enjoy quality time at the coast. An open living room with vaulted ceilings, tons of natural light filtering in through the wall of windows showcasing the ocean waves breaking on the shoreline. Imagine your peaceful mornings spent sipping coffee on the expansive deck or relax in the hot tub while watching the moonlight refect off the ocean's glassy surface. This home boasts plenty of room for everyone in this four bedroom home. Not too big so you can avoid spending your precious time just trying to keep it tidy, but not too small that you can't sneak away to appreciate some alone time. This home would definitely be Goldilocks' choice. This area of the beach never gets too crowded so it is like having your own piece of paradise all to yourself. This is a great rental property with bookings scheduled for a wonderfully producing 2022 season. Fully furnished- turn-key and ready to go. Make your appointment today to see this lovely home.

Last Agent to Sell the Property

Heather Singleton

Emerald Isle Realty License #236652 Listed on: 05/05/2022

Emerald Isle Realty

Last Buyer's Agent

Leigh Lawrence

Cardinal Real Estate License #272634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150x75x150
  • Ocean Front

Home Design

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

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Aggregate Flooring
  • Unpaved Parking

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Ocean Side of Freeway
  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 632413044436000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Heat Pump
  • Deed Page: 225.00
  • Directions To Property: Hwy 58/Emerald Dr. to 1500 block. Turn on 15th Street towards the ocean and the house is #1501.
  • Document Count: 9
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: Street Lights
  • Listing I D: 100326168
  • List Priceper Sq Ft: 984.85
  • Location Type: Island
  • Lot Acres: 0.26
  • Lot Dimensions: 75x150x75x150
  • Lot Sq Ft: 11326.00
  • Lot Water Features: Ocean Side, Water Access Comm, Waterfront Comm
  • Marketing City: Emerald Isle
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: No
  • Sq Ft Heated: 1320.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Tax Identifier: 632413044436000
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 3733.22
  • Total Heated Primary Separate Sq Ft: 1320.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1971
  • Zoning: RES
  • Road Frontage Type: Ocean Front
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: LVT/LVP, Tile
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Aggregate, Unpaved

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 1, 2022
Sold by
Hudson Kathryn M
Bought by
Mehra Sanjay
Seller's Agent
Heather Singleton
Emerald Isle Realty
Buyer's Agent
Leigh Lawrence
Cardinal Real Estate
List Price
$1,300,000
Sold Price
$1,326,000
Premium/Discount to List
$26,000
2%
Current Estimated Value
$1,626,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,807
Avg. Annual Appreciation
5.89%
Original Mortgage
$925,000
Outstanding Balance
$878,826
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$747,981

Purchase Details

Closed on
Apr 23, 2004

Purchase Details

Closed on
Sep 20, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mehra Sanjay $1,326,000 Horne & Horne Pllc
-- $424,900 --
-- $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehra Sanjay $925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $1,326,000 +2.0% $1,005 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $1,300,000 -- $985 / 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 $5,335 $1,392,476 $1,061,156 $331,320
2024 $4,275 $711,323 $571,200 $140,123
2023 $4,179 $709,886 $571,200 $138,686
2022 $4,079 $708,232 $571,200 $137,032
2021 $3,998 $708,232 $571,200 $137,032
2020 $3,988 $708,232 $571,200 $137,032
2019 $1,610 $514,574 $365,400 $149,174
2017 $1,610 $514,574 $365,400 $149,174
2016 $1,610 $514,574 $365,400 $149,174
2015 $1,559 $514,574 $365,400 $149,174
2014 $1,870 $618,267 $454,860 $163,407
Source: Public Records

Agents Affiliated with this Home

  • Heather Singleton

    Seller's Agent in 2022

    Heather Singleton

    Emerald Isle Realty

    (252) 725-9783

    55 in this area

    99 Total Sales

    Heather Singleton
    Section Image
  • Leigh Lawrence

    Buyer's Agent in 2022

    Leigh Lawrence

    Cardinal Real Estate

    (252) 347-8116

    1 in this area

    41 Total Sales

    Leigh Lawrence
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100326168

Hive MLS

APN: 6324.13.04.4436000

North Carolina Carteret County Emerald Isle 28594

1501 Ocean Dr, Emerald Isle, NC

Not Listed for Sale

Detached

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