NOT LISTED FOR SALE

1703 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $1,117,329 - $1,841,000

0.22 Acre
$6,250,373 Price per Acre
9,583 Sq Ft Lot

Last Sold November 30, 2021

Last sale price $225,000

Est. 513% increase in value since last sale

Current estimated payment $7,504/month

75 Days on Market

Highlights

  • Water Views
  • Ocean Side of Freeway
  • No HOA
  • White Oak Elementary School Rated A-
  • Wooded Lot

About This Lot

As of November 2021

WONDERFUL 3rd Row lot from the ocean to build your dream home or an investment property only a few steps from the ocean and the sound. Fantastic waterviews possible from all sides of this lot. No flood insurance required.

Last Agent to Sell the Property

Heather Singleton

Emerald Isle Realty License #236652 Listed on: 07/28/2021

Emerald Isle Realty

Last Buyer's Agent

Lorna Riggs

Skipper Investment Properties Co

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $961

Lot Details

  • 9,583 Sq Ft Lot
  • Wooded Lot

Property Views

  • Water Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Listing and Financial Details

  • Assessor Parcel Number 631416941594000

Community Details

Overview

  • No Home Owners Association
  • Emerald Isle By The Sea Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$961

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 1710
  • Deed Page: 348.00
  • Delayed Marketing: No
  • Directions To Property: Hwy 58 (Emerald Dr.) to the 1700 block. Lot is on the ocean side of Emerald Dr.
  • Document Count: 6
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • High School: Croatan
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100283781
  • Location Type: Island
  • Lot Sq Ft: 9583.00
  • Lot Water Features: Ocean Side, Third Row
  • Marketing City: Emerald Isle
  • Middle School: Broad Creek
  • M L S Approved: Y
  • Office Exclusive: No
  • Post Closing Seller Concessions: No
  • Prospect Exempt: No
  • Road Type Frontage: 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: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Emerald Isle By The Sea
  • Tax Identifier: 631416941594000
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 960.96
  • Waterview: Yes
  • Zoning: R
  • Acres: 0.22
  • Buildigson Property: None
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Priceper Acre: 1068181.82
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Community Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 24, 2021
Sold by
J & J Holdings Of Southwest Ohio Llc
Bought by
Medlin Jonathan Lee and Medlin Ann Allert
Seller's Agent
Heather Singleton
Emerald Isle Realty
Buyer's Agent
Lorna Riggs
Skipper Investment Properties Co
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Current Estimated Value
$1,378,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,153,753
Avg. Annual Appreciation
55.01%
Original Mortgage
$168,750
Outstanding Balance
$154,759
Interest Rate
3.05%
Mortgage Type
Commercial
Estimated Equity
$1,220,323

Purchase Details

Listed on
May 4, 2020
Closed on
Feb 18, 2021
Sold by
Moore James B and Moore Patricia S
Bought by
J & J Holdings Of Southwest Ohio Llc
Seller's Agent
Roy Parker
CENTURY 21 Coastland Realty
Buyer's Agent
Heather Singleton
Emerald Isle Realty
List Price
$198,000
Sold Price
$187,500
Premium/Discount to List
-$10,500
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medlin Jonathan Lee $225,000 None Available
Medlin Jonathan Lee -- None Listed On Document
J & J Holdings Of Southwest Ohio Llc $187,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medlin Jonathan Lee $168,750
Closed Medlin Jonathan Lee $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $225,000 -4.3% --
10/11/2021 10/11/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $235,000 -4.1% --
08/02/2021 08/02/21 For Sale $245,000 0.0% --
07/31/2021 07/31/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $245,000 +30.7% --
02/26/2021 02/26/21 Sold $187,500 -5.3% -- View Prior Sale
02/12/2021 02/12/21 Pending -- -- --
05/03/2020 05/03/20 For Sale $198,000 -- --
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 $3,522 $936,148 $377,252 $558,896
2024 $2,179 $352,592 $198,135 $154,457
2023 $1,001 $198,135 $198,135 $0
2022 $981 $198,135 $198,135 $0
2021 $981 $198,135 $198,135 $0
2020 $961 $198,135 $198,135 $0
2019 $620 $200,077 $200,077 $0
2017 $620 $200,077 $200,077 $0
2016 $620 $200,077 $200,077 $0
2015 $600 $200,077 $200,077 $0
2014 $271 $90,405 $90,405 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Singleton

    Seller's Agent in 2021

    Heather Singleton

    Emerald Isle Realty

    (252) 725-9783

    55 in this area

    99 Total Sales

    Heather Singleton
    Section Image

  • R

    Seller's Agent in 2021

    Roy Parker

    CENTURY 21 Coastland Realty

  • L

    Buyer's Agent in 2021

    Lorna Riggs

    Skipper Investment Properties Co

See All Agents

Map

Source: Hive MLS

MLS Number: 100283781

Hive MLS

APN: 6314.16.94.1594000

North Carolina Carteret County Emerald Isle 28594

1703 Emerald Dr, Emerald Isle, NC

Not Listed for Sale

Lots

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