NOT LISTED FOR SALE

Estimated Value: $1,668,000 - $2,026,000

4 Beds
4 Baths
2,400 Sq Ft
$736/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2017

Last sale price $730,000 $304 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $10,193 / mo

464 Days on Market

Highlights

  • Ocean Front
  • Oceanside
  • Furnished
  • White Oak Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of September 2017

Direct oceanfront Emerald Isle, full duplex! The best of both worlds, rent one side out while enjoying the other! Inner connecting door for large groups. Strong, established rental income, in excess of $70k per year. Reverse floor plan for astounding panoramic ocean views from living areas. Recent improvements include new decks and exterior stairwells, and new roof (2016). Two generously sized bedrooms and 2 baths per side. Open floor plan - ''Bored of Education'' is a real hit with the renters! This property could also be converted into a lovely 4 BR single family home - great price! Come take a look!

Last Agent to Sell the Property

Margaret Nelson

Advantage Coastal Properties License #239790 Listed on: 03/15/2017

Last Buyer's Agent

Carole Lanier

Emerald Isle Homeowner Services License #190847

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1980

Lot Details

  • 11,238 Sq Ft Lot
  • Lot Dimensions are 75 x 152
  • Ocean Front

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Oceanside
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 631416942273000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Park Manager: Yes

Building Details

  • Gross Income $70,767

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,640

Year Built

Built in 1980

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Secondary Subdivision: N/A
  • Year Built: 1980
  • Property Sub Type: Duplex
  • View: Ocean, Water
  • Appliances: Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
  • Original List Price: 755000.00
  • Is New Construction?: No
  • Island Or Mainland: Island
  • Remarks Written By Agent Y N: Yes
  • Year Gross Rental Income Collected: 2017
  • List Price Per Sqft: 314.58
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades
  • Laundry Location: Laundry Room
  • Stories: 2
  • Laundry Features: Laundry Room
  • Total Bedrooms: 4
  • Has Fireplace?: No
  • Room Types: Dining Area
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00

Exterior Features

  • Exterior Features: None, Balcony
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Oceanfront
  • Waterfront?: Yes
  • Foundation Details: Other, Pilings
  • Patio And Porch Features: Covered, Deck, Balcony

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 2.00
  • Has Attached Garage?: No
  • Parking Features: Off Street, On Site, Paved
  • Attached Carport Spaces: 2.00

Utilities

  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Fuel Tank Details: None

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Fee Information

  • Park Manager Name: Yes

Schools

  • High School: Croatan
  • Middle Or Junior School: Broad Creek

Lot Info

  • Deed Book: 942
  • Deed Page: 586.00
  • Zoning: R2
  • Lot Features: Ocean Side
  • Lot Size Acres: 0.26
  • Lot Size: 75 X 152
  • Lot Size Sq Ft: 11238.00
  • Purchase Contract Date: 2017-07-14
  • Parcel#: 631416942273000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes

Tax Info

  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1039.86
  • Tax Block: 3
  • Tax Book Number: 8
  • Tax Map Number: R6314.16.94.2273000
  • Tax Other Assessment Amount Frequency: NA
  • Tax Amount: 2639.65

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2017
Closed on
Sep 11, 2017
Sold by
Douglass James P and Douglass Cynthia
Bought by
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
Carole Lanier
Emerald Isle Homeowner Services
List Price
$755,000
Sold Price
$730,000
Premium/Discount to List
-$25,000
-3.31%
Current Estimated Value
$1,766,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,036,161
Avg. Annual Appreciation
10.36%
Original Mortgage
$543,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2002
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$730,000 None Available
-- $359,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $550,000
Closed Stefanelli Alexander $517,600
Closed Steffanelli Alexander $200,000
Closed Stefanelli Alexander $543,000
Previous Owner Godshalk Cynthia $417,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2017 09/19/17 Sold $730,000 -3.3% $304 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
04/06/2016 04/06/16 For Sale $755,000 -- $315 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,935 $1,562,967 $1,026,321 $536,646
2024 $4,357 $726,363 $571,200 $155,163
2023 $4,269 $726,363 $571,200 $155,163
2022 $4,176 $726,363 $571,200 $155,163
2021 $4,093 $726,363 $571,200 $155,163
2020 $4,083 $726,363 $571,200 $155,163
2019 $1,690 $540,399 $365,400 $174,999
2017 $1,690 $540,399 $365,400 $174,999
2016 $1,668 $540,399 $365,400 $174,999
2015 $1,615 $533,264 $365,400 $167,864
2014 $1,890 $625,143 $454,860 $170,283
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100052857

Hive MLS

APN: 6314.16.94.2273000

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