NOT LISTED FOR SALE

1604 Ocean Dr Unit E&W Emerald Isle, NC 28594

Estimated Value: $788,000 - $1,236,000

6 Beds
4 Baths
1,792 Sq Ft
$557/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $455,000 $254 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,509/month

289 Days on Market

Highlights

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

About This Home

As of March 2018

Ocean Views! 2nd Row to the Beach with easy beach access! Completely remodeled in last few years including new decks, siding, walls, kitchen, baths and flooring! Full Duplex with tons of possibilities- Rent one side out and enjoy the other, split the property and sell half, put a pool in and watch your rental income climb! 3 bedrooms 1 1/2 bath per side. This duplex is much newer than its age would suggest. Enjoy the wide sandy beaches of Emerald Isle with Beach Access Right across the Street! Furnished and Ready for the Summer! NO Flood Insurance Required! Don't miss this one!

Last Agent to Sell the Property

Margaret Nelson

Advantage Coastal Properties License #239790 Listed on: 04/17/2017

Last Buyer's Agent

Ron Webb

NextHome Coastal Properties License #291961

NextHome Coastal Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1973

Lot Details

  • 10,106 Sq Ft Lot
  • Lot Dimensions are 72 x 134

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction
  • Composite Building Materials

Interior Spaces

  • 4 Bathrooms
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Water Views
  • Laundry in Basement
  • Fire and Smoke Detector

Flooring

  • Wood
  • Tile

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

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 631416947583000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,337

Year Built

Built in 1973

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: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Flooring: Tile, Wood
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors
  • Laundry Location: Basement, Closet
  • List Price per Sq Ft: 267.30
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 6
  • Total Heated Sq Ft: 1792.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck, Open, Porch
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street, Paved

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

Schools

  • School District: Carteret

Lot Info

  • Deed Book: 1419
  • Deed Page: 325.00
  • Lot Acres: 0.23
  • Lot Dimensions: 72 X 134
  • Lot Sq Ft: 10106.00
  • Lot Water Features: Ocean Side, Second Row
  • Plat Book: 7
  • Plat Page: 96
  • Zoning: R2

Rental Info

  • Pets: Possible

Tax Info

  • Tax Identifier: 631416947583000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1078.16
  • Total Real Estate Property Taxes: 2337.49

Multi Family

  • Number Total Units: 2

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Mar 7, 2018
Sold by
Doctors Orders Emerald Isle Llc
Bought by
Hurley Richard J and Hurley Eileen P
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
Ron Webb
NextHome Coastal Properties
List Price
$524,900
Sold Price
$455,000
Premium/Discount to List
-$69,900
-13.32%
Current Estimated Value
$999,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,001
Avg. Annual Appreciation
10.96%
Original Mortgage
$341,250
Outstanding Balance
$292,007
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$706,994

Purchase Details

Closed on
Aug 16, 2012
Sold by
Lemay John C and Harris Evelyn L
Bought by
Doctors Orders Emerald Isle Llc
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
Hurley Richard J $455,000 None Available
Doctors Orders Emerald Isle Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurley Richard J $341,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $455,000 -13.3% $254 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
04/17/2017 04/17/17 For Sale $524,900 -- $293 / 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 $2,543 $639,482 $598,777 $40,705
2024 $2,510 $418,216 $287,280 $130,936
2023 $2,717 $418,216 $287,280 $130,936
2022 $2,635 $418,216 $287,280 $130,936
2021 $2,573 $418,216 $287,280 $130,936
2020 $2,553 $418,216 $287,280 $130,936
2019 $1,275 $406,575 $263,340 $143,235
2017 $1,275 $406,575 $263,340 $143,235
2016 $1,235 $393,686 $263,340 $130,346
2015 $1,196 $393,686 $263,340 $130,346
2014 $1,179 $388,043 $267,283 $120,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100058165

Hive MLS

APN: 6314.16.94.7583000