NOT LISTED FOR SALE

1602 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $1,010,000 - $1,166,000

3 Beds
2 Baths
1,415 Sq Ft
$764/Sq Ft Est. Value

Last Sold December 18, 2015

Last sale price $550,000 $389 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,868/month

22 Days on Market

Highlights

  • Water Views
  • Community Boat Dock
  • Indoor Spa
  • White Oak Elementary School Rated A-
  • Home fronts a sound
  • Deck

About This Home

As of December 2015

Waterfront retreat on the sound!4 bedrooms, 2 baths, and a balcony seating area with views of the sound. Private swimming pool and hot tub with a short walk to the ocean on one side and pier on the other. Unbeatable views of the water. Bright and fun place at the beach! Comes furnished with great rental income! Possession: Vacation rental

Last Agent to Sell the Property

Cathy Sheaffer

Bluewater Real Estate - EI License #174253 Listed on: 10/14/2015

Last Buyer's Agent

Barefoot-Chandler & Associates

Coldwell Banker Spectrum Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1984

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 88 x 195 x 88 x 195
  • Home fronts a sound

Property Views

  • Water Views
  • Views of a Sound

Home Design

  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Indoor Spa

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Deck
  • Screened Patio
  • Outdoor Storage

Utilities

  • Heat Pump System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 631416947970000

Community Details

Overview

  • Emerald Isle By The Sea Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1984

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer
  • List Priceper Sq Ft: 406.36
  • New Construction: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 2100.00
  • Waterview: Yes
  • Year Built: 1984
  • Lot View Type: Sound View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Furnished, Hot Tub
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom2 Level: First
  • Bedroom3 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1415.00
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Total Heated Primary Separate Sq Ft: 1415.00

Exterior Features

  • Exterior Structures: Shower, Storage
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck, Screened
  • Road Type Frontage: Maintained
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Sound Front

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 1400 - 1599
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Lot Info

  • Deed Page: 430.00
  • Lot Acres: 0.40
  • Lot Dimensions: 88 X 195 X 88 X 195
  • Lot Sq Ft: 17424.00
  • Lot Water Features: Boat Dock, Sound Side, Bulkhead

Tax Info

  • Tax Identifier: 631416947970000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Dec 11, 2015
Sold by
Schlatzer R Karl and Schlatzer Loretta Jo
Bought by
Frankfort Edward and Frankfort Stacy
Seller's Agent
Cathy Sheaffer
Bluewater Real Estate - EI
Buyer's Agent
Barefoot-Chandler & Associates
Coldwell Banker Spectrum Properties
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$1,081,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,559
Avg. Annual Appreciation
6.88%
Original Mortgage
$440,000
Outstanding Balance
$349,236
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$732,323

Purchase Details

Listed on
Jan 20, 2011
Closed on
Jul 20, 2012
Sold by
Dalton Deonna M
Bought by
Schatzer R Karl and Schatzer Loretta Jo
Seller's Agent
Cathy Sheaffer
Bluewater Real Estate - EI
Buyer's Agent
Stephanie Warren
Sun-Surf Realty
List Price
$624,900
Sold Price
$484,950
Premium/Discount to List
-$139,950
-22.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$387,920
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frankfort Edward $550,000 Attorney
Schatzer R Karl $485,000 None Available
-- $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankfort Edward $440,000
Previous Owner Schatzer R Karl $387,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2015 12/18/15 Sold $550,000 -4.3% $389 / Sq Ft
11/05/2015 11/05/15 Pending -- -- --
10/14/2015 10/14/15 For Sale $575,000 +18.6% $406 / Sq Ft
07/20/2012 07/20/12 Sold $484,950 -22.4% $346 / Sq Ft View Prior Sale
06/19/2012 06/19/12 Pending -- -- --
01/20/2011 01/20/11 For Sale $624,900 -- $446 / Sq Ft
Source: Hive MLS

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 $3,555 $946,019 $596,205 $349,814
2024 $3,061 $527,307 $362,208 $165,099
2023 $2,973 $527,307 $362,208 $165,099
2022 $2,900 $527,307 $362,208 $165,099
2021 $2,837 $527,307 $362,208 $165,099
2020 $2,827 $527,307 $362,208 $165,099
2019 $1,482 $473,203 $305,289 $167,914
2017 $1,482 $473,203 $305,289 $167,914
2016 $1,482 $473,203 $305,289 $167,914
2015 $1,435 $473,203 $305,289 $167,914
2014 $1,808 $597,704 $439,874 $157,830
Source: Public Records

Agents Affiliated with this Home

  • Cathy Sheaffer

    Seller's Agent in 2015

    Cathy Sheaffer

    Bluewater Real Estate - EI

    (252) 622-7500

    13 in this area

    25 Total Sales

    Cathy Sheaffer
    Section Image

  • B

    Buyer's Agent in 2015

    Barefoot-Chandler & Associates

    Coldwell Banker Spectrum Properties

  • S

    Buyer's Agent in 2012

    Stephanie Warren

    Sun-Surf Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 11504947

Hive MLS

APN: 6314.16.94.7970000

North Carolina Carteret County Emerald Isle 28594

1602 Emerald Dr, Emerald Isle, NC

Not Listed for Sale

Detached

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