NOT LISTED FOR SALE

202 Channel Dr Emerald Isle, NC 28594

Estimated Value: $816,767 - $947,000

3 Beds
2 Baths
1,880 Sq Ft
$474/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $825,000 $439 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,969/month

39 Days on Market

Highlights

  • Ocean View
  • Home fronts a sound
  • Deck
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Vaulted Ceiling

About This Home

As of January 2024

Welcome to 202 Channel Drive in picturesque Emerald Isle, where coastal living meets luxury in this fully furnished beachfront property. Nestled all the way down at The Point, this home offers breathtaking views of Bogue Inlet and the Intracoastal Waterway, providing you with a front-row seat to some of the most stunning sunsets on the Crystal Coast.Location is everything, and this property boasts a prime one. Just steps from the pristine sandy shores, you can enjoy the convenience of having the beach as your backyard. Whether you're an avid beachcomber, a water sports enthusiast, or simply seeking tranquility by the ocean, this home has it all.Recently renovated, the interior of this coastal gem is nothing short of spectacular. The open and airy floor plan is accentuated by an abundance of natural light, creating a warm and inviting atmosphere throughout. The living spaces are thoughtfully designed, with an emphasis on comfort and style.The piece de resistance of this property is the master suite, which occupies the entire second floor. This spacious retreat features panoramic water views, a private balcony, and a luxurious en-suite bathroom. Imagine waking up to the sound of gentle waves and sipping your morning coffee while gazing out at the serene waters.For those looking to make a wise investment, this property presents a fantastic opportunity for short-term rental income. The combination of its sought-after location, modern amenities, and tasteful furnishings make it an attractive option for vacationers seeking an unforgettable coastal getaway.In addition to the stunning interior, this home offers outdoor spaces that are perfect for entertaining, including a deck where you can savor alfresco meals while enjoying the sea breeze.202 Channel Drive in Emerald Isle is more than just a property; it's a lifestyle. Whether you're seeking a year-round residence, a vacation retreat, or an income-generating investment, this home is right for you!

Last Agent to Sell the Property

Ryan Ayre

Landmark Sotheby's International Realty License #295639 Listed on: 11/12/2023

Landmark Sotheby's International Realty

Last Buyer's Agent

Julia Vradelis

Team Streamline Real Estate, LLC. License #295268

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,648

Year Built

  • Built in 1996

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 130x69x130x71
  • Home fronts a sound

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal
  • Canal

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered patio or porch

Schools

  • White Oak Elementary School
  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 537318320019000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,648

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Pantry, Walk-in Shower
  • Laundry Location: Closet
  • List Price per Sq Ft: 486.70
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1880.00
  • Total Heated Primary Separate Sq Ft: 1880.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered, Deck, Open, Patio, Porch, Screened
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Composition, Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Range, Washer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 349.00
  • Lot Acres: 0.21
  • Lot Dimensions: 130x69x130x71
  • Lot Sq Ft: 9148.00
  • Lot Water Features: Ocean Side, Sound Side
  • Plat Book: 8
  • Plat Page: 63
  • Zoning: Residential
  • Lot View Type: Canal View, ICW View, Ocean View, Sound View, Water View

Tax Info

  • Tax Identifier: 537318320019000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1647.62

MLS Schools

  • Elementary School: White Oak Elementary
  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2023
Closed on
Jan 22, 2024
Sold by
Stanley Property Group Llc
Bought by
Rice Jeffrey Lyndon and Rice Sheri Teeter
Seller's Agent
Ryan Ayre
Landmark Sotheby's International Realty
Buyer's Agent
Julia Vradelis
Team Streamline Real Estate, LLC.
List Price
$950,000
Sold Price
$825,000
Premium/Discount to List
-$125,000
-13.16%
Views
59
Current Estimated Value
$891,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,692
Avg. Annual Appreciation
6.31%
Original Mortgage
$660,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 29, 2021
Sold by
Rab Llc
Bought by
Stanley Property Group Llc
Seller's Agent
Buy The Beach Re Carla Abee
Keller Williams Crystal Coast
Buyer's Agent
Holland Shepard Team
Keller Williams Crystal Coast
List Price
$764,000
Sold Price
$764,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Nov 18, 2006
Sold by
Traditional Farms Llc
Bought by
Rws Family Lp

Purchase Details

Closed on
May 17, 2006
Sold by
Whitaker Robert C and Kalkhurst Mae E
Bought by
Traditional Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2001
Source: Public Records

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Range of Values:

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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
Rice Jeffrey Lyndon $825,000 None Listed On Document
Stanley Property Group Llc $764,000 None Available
Rws Family Lp -- None Available
Traditional Farms Llc $650,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Sheri Teeter $669,000
Closed Rice Jeffrey Lyndon $660,000
Previous Owner Traditional Farms Llc $650,000
Previous Owner Whitaker Robert Campbell $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $825,000 -9.8% $439 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/13/2023 12/13/23 Price Changed $915,000 -3.7% $487 / Sq Ft
11/12/2023 11/12/23 For Sale $950,000 +24.3% $505 / Sq Ft
10/29/2021 10/29/21 Sold $764,000 0.0% $407 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $764,000 -- $407 / 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
2024 $20 $323,290 $87,020 $236,270
2023 $1,943 $323,290 $87,020 $236,270
2022 $1,535 $251,467 $87,020 $164,447
2021 $1,500 $251,467 $87,020 $164,447
2020 $1,490 $251,467 $87,020 $164,447
2019 $1,058 $336,496 $160,042 $176,454
2017 $1,058 $336,496 $160,042 $176,454
2016 $1,058 $336,496 $160,042 $176,454
2015 $1,024 $336,496 $160,042 $176,454
2014 -- $470,450 $262,398 $208,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100414420

Hive MLS

APN: 5373.18.32.0019000