NOT LISTED FOR SALE

18 Ocean Dr Emerald Isle, NC 28594

Estimated Value: $934,000 - $1,313,000

3 Beds
2.5 Baths
1,464 Sq Ft
$777/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $335,000 $229 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $6,678/month

68 Days on Market

Highlights

  • Ocean View
  • Deck
  • 1 Fireplace
  • White Oak Elementary School Rated A-
  • Vaulted Ceiling
  • Central Air

About This Home

As of March 2015

New paint! New carpets! New vinyl! New roof! And more! Inverted floor plan has living space on top floor so you can enjoy that spectacular ocean view. Three bedrooms on 1st floor (ground level is storage). Wrap-around decks capture views of ocean and sound. Sold as is. This property is eligible under the Freddie Mac First Look Initiative through 12/24/2014.

Last Agent to Sell the Property

Tripp Blandford

Carolina East Realty Listed on: 12/05/2014

Last Buyer's Agent

Donald Whiteside

Emerald Isle Realty License #172902

Emerald Isle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1986

Lot Details

  • 10,454

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Additional Features

  • Deck
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 632412860250000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher
  • Cooling System: Central
  • Deed Page: 279.00
  • Directions To Property: Ocean Dr. to 2nd St. Left on Ocean. Home on Left.
  • Document Count: 3
  • Fencing: None
  • Fireplace: 1
  • Foundation: Pilings
  • Listing I D: 11405543
  • List Priceper Sq Ft: 225.34
  • Location Type: Island
  • Lot Acres: 0.24
  • Lot Dimensions: .239 acre
  • Lot Sq Ft: 10454.40
  • Marketing City: Emerald Isle
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 1464.00
  • State Province: NC
  • Stipulation Of Sale: Foreclosure
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 632412860250000
  • Tax Year: 2014
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 1327.00
  • Total Heated Primary Separate Sq Ft: 1464.00
  • Water Heater: Electric
  • Year Built: 1986
  • Lot View Type: Ocean View, Sound View
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling - Vaulted, Ceiling Fan(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3

Exterior Features

  • Exterior Finish: Wood Siding
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 1400 - 1599
  • Utilities: Municipal Water, Septic On Site
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Feb 17, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brown Mark Allen and Brown Andrea Smith
Seller's Agent
Tripp Blandford
Carolina East Realty
Buyer's Agent
Donald Whiteside
Emerald Isle Realty
List Price
$394,900
Sold Price
$335,000
Premium/Discount to List
-$59,900
-15.17%
Current Estimated Value
$1,207,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$872,229
Avg. Annual Appreciation
11.98%
Original Mortgage
$284,750
Outstanding Balance
$218,338
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$919,157

Purchase Details

Closed on
Jun 14, 2013
Sold by
Rodgers James R and Rodgers Faye S
Bought by
Hochstein Christopher E and Hochstein Dawn S
Source: Public Records

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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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
Brown Mark Allen -- Attorney
Hochstein Christopher E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mark Allen $284,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2015 03/27/15 Sold $335,000 -15.2% $229 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $394,900 -- $270 / 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 $4,379 $1,195,668 $607,588 $588,080
2024 $3,055 $526,109 $289,526 $236,583
2023 $2,685 $526,109 $289,526 $236,583
2022 $2,618 $526,109 $289,526 $236,583
2021 $2,561 $470,216 $289,526 $180,690
2020 $2,551 $470,216 $289,526 $180,690
2019 $1,387 $442,638 $265,399 $177,239
2017 $1,387 $442,638 $265,399 $177,239
2016 $1,387 $442,638 $265,399 $177,239
2015 $1,343 $442,638 $265,399 $177,239
2014 $1,373 $452,505 $269,281 $183,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11405543

Hive MLS

APN: 6324.12.86.0250000