NOT LISTED FOR SALE

2503 Ocean Dr Unit B2 Emerald Isle, NC 28594

Estimated Value: $818,000 - $1,066,000

4 Beds
3.5 Baths
2,148 Sq Ft
$142/mo HOA Fee

Last Sold February 26, 2013

Last sale price $410,000 $191 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,600/month

4 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • 1 Fireplace
  • White Oak Elementary School Rated A-
  • Deck
  • Formal Dining Room

About This Home

As of February 2013

Rarely available Oceanfront four bedroom, three and a half bath unit. This one has a granite kitchen and updated principal bath. Elevator, garage, and storage area! Appliances: GRANITE

Last Agent to Sell the Property

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865 Listed on: 01/29/2013

Last Buyer's Agent

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865 Listed on: 01/29/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,577

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • Property fronts a private road

HOA Fees

  • $142 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Piling Construction

Interior Spaces

  • 2,148 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Formal Dining Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Porch

Utilities

  • Central Air
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 631414439360000

Community Details

Overview

  • Ocean Reef Subdivision

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,577

Year Built

Built in 1985

Lot Details

0

HOA Fees

$142 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 1985
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Ceiling Fan(s), Elevator
  • List Price per Sq Ft: 214.11
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Bedroom 2 Level: Third
  • Bedroom 3 Level: Third
  • Bedroom 4 Level: Third
  • Dining Room Level: Third
  • Family Room Level: Third
  • Kitchen Level: Third
  • Living Room Level: Third
  • Primary Bedroom Level: Third
  • Sq Ft Heated: 2148.00
  • Total Heated Primary Separate Sq Ft: 2148.00

Exterior Features

  • Exterior Features: Storm Doors, Thermal Windows, Thermal Doors
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Water Softener, Refrigerator, See Remarks, Microwave - Built-In
  • Cooling System: Central
  • Utilities: Municipal Water

Association/Amenities

  • HOA: Yes
  • HOAAssociationFee1Year: 1704.00

Lot Info

  • Deed Page: 352.00
  • Lot Dimensions: N/A X N/A X N/A X N/A
  • Lot Water Features: Ocean Side
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 631414439360000
  • Tax Year: 2012
  • Total Real Estate Property Taxes: 2577.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Geiman Stephen D and Geiman Patricia A
Bought by
Foscue Julian M and Foscue Tracey S
Current Estimated Value
$976,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Outstanding Balance
$362,822
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$541,186

Purchase Details

Listed on
Jan 29, 2013
Closed on
Feb 15, 2013
Sold by
Dlj Mortgage Capital Inc
Bought by
Geiman Stephen and Geiman Patricia
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
List Price
$459,900
Sold Price
$410,000
Premium/Discount to List
-$49,900
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Nov 19, 2012
Sold by
Baka Yvonne Gray
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Mar 26, 2007
Sold by
Bolton Frank W and Bolton Carolyn G
Bought by
Baka George L and Baka Yvonne Gray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000

Purchase Details

Closed on
May 9, 1994
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
Foscue Julian M $670,000 None Available
Geiman Stephen $410,000 None Available
Dlj Mortgage Capital Inc $598,000 Fidelity National Title Grou
Baka George L $690,000 None Available
-- $209,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foscue Julian M $402,500
Previous Owner Baka George L $613,000
Previous Owner Baka George L $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2013 02/26/13 Sold $410,000 -10.9% $191 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $459,900 -- $214 / 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 $3,054 $487,347 $0 $487,347
2023 $2,966 $487,347 $0 $487,347
2022 $2,897 $487,347 $0 $487,347
2021 $2,839 $487,347 $0 $487,347
2020 $2,822 $486,000 $0 $486,000
2019 $1,286 $410,000 $0 $410,000
2017 $1,286 $410,000 $0 $410,000
2016 $1,286 $410,000 $0 $410,000
2015 $1,245 $410,000 $0 $410,000
2014 $1,593 $526,000 $0 $526,000
Source: Public Records

Agents Affiliated with this Home

  • Kelinda & Linda Rike

    Seller's Agent in 2013

    Kelinda & Linda Rike

    Linda Rike Real Estate

    (252) 422-6922

    14 in this area

    396 Total Sales

    Kelinda & Linda Rike
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Map

Source: Hive MLS

MLS Number: 11300455

Hive MLS

APN: 6314.14.43.9360000

North Carolina Carteret County Emerald Isle 28594

2503 Ocean Dr Unit B2, Emerald Isle, NC

This home is located at 2503 Ocean Dr Unit B2, Emerald Isle, NC 28594 since 29 January 2013 and is currently estimated at $976,557, approximately $454 per square foot. This property was built in 1985. 2503 Ocean Dr Unit B2 is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

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