NOT LISTED FOR SALE

16 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $979,000 - $1,340,000

4 Beds
3 Baths
1,536 Sq Ft
$727/Sq Ft Est. Value

Last Sold March 13, 2018

Last sale price $450,000 $293 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,370/month

148 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • No HOA
  • White Oak Elementary School Rated A-
  • Deck
  • Workshop

About This Home

As of March 2018

ATTN Bargain Hunters! Price just slashed to $495,000 on this 2nd row to the ocean home. Four BRS/3 full BAs, elevator & open great room on 2nd level offering superb ocean & sound views. Spacious garage & storage underneath provides extra room for beach toys, kayaks, golf cart & fishing/boating gear. Outside shower, two decks to view the ocean, concrete drive, vinyl siding, well feeds the irrigation system. Footsteps to the ocean boarded access along with a sound access across Emerald Drive PLUS direct access to the EI Bike Path makes this a 2nd row location a no-brainer. Put your Pinterest DIY ideas to work on the interior & you'll have a fabulous 2nd row beach home!

Last Agent to Sell the Property

Syndie Earnhardt

Bluewater Real Estate - EI License #174192 Listed on: 09/06/2017

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,291

Year Built

  • Built in 1989

Lot Details

  • 10,367 Sq Ft Lot
  • Lot Dimensions are 71x145
  • Open Lot
  • Irrigation
  • Property is zoned R20

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Workshop

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Emerald Isle By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6324.12.86.1222000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,291

Year Built

Built in 1989

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: 1989
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: Blinds/Shades, Elevator, Workshop, Reverse Floor Plan, Ceiling Fan(s)
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 322.27
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Sq Ft Heated: 1536.00
  • Total Heated Primary Separate Sq Ft: 1536.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 263.00
  • Lot Acres: 0.24
  • Lot Description: Open
  • Lot Dimensions: 71x145
  • Lot Sq Ft: 10367.00
  • Lot Water Features: Ocean Side
  • Zoning: R20
  • Lot View Type: Ocean View, Water View, Sound View

Tax Info

  • Tax Identifier: 6324.12.86.1222000
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 2291.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Mar 13, 2018
Sold by
Hubbard Howard L
Bought by
Hancock Hancock E and Hancock Ann S
Seller's Agent
Syndie Earnhardt
Bluewater Real Estate - EI
Buyer's Agent
A Non Member
A Non Member
List Price
$509,000
Sold Price
$450,000
Premium/Discount to List
-$59,000
-11.59%
Current Estimated Value
$1,127,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,983
Avg. Annual Appreciation
13.39%
Original Mortgage
$315,000
Outstanding Balance
$271,426
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$874,763
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
Hancock Hancock E $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Hancock E $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $450,000 -11.6% $293 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
09/06/2017 09/06/17 For Sale $509,000 -- $331 / 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
2024 $2,682 $495,200 $289,526 $205,674
2023 $2,682 $495,200 $289,526 $205,674
2022 $2,741 $495,200 $289,526 $205,674
2021 $0 $495,200 $289,526 $205,674
2020 $2,466 $452,778 $289,526 $163,252
2019 $1,380 $440,440 $265,399 $175,041
2017 $1,380 $440,440 $265,399 $175,041
2016 $1,380 $440,440 $265,399 $175,041
2015 $1,336 $440,440 $265,399 $175,041
2014 -- $455,726 $269,281 $186,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100080881

Hive MLS

APN: 6324.12.86.1222000