NOT LISTED FOR SALE

2508 Ocean Dr Unit A1 Emerald Isle, NC 28594

Estimated Value: $594,000 - $724,000

2 Beds
2 Baths
1,080 Sq Ft
$445/mo HOA Fee

Last Sold November 06, 2020

Last sale price $328,000 $304 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,977/month

6 Days on Market

Highlights

  • Ocean View
  • Water Access
  • Gated Community
  • White Oak Elementary School Rated A-
  • Ocean Side of Freeway
  • Whirlpool Bathtub

About This Home

As of November 2020

Beautiful, well-loved condo in Ocean Reef. Come relax and know you're at the beach. The ocean access just across the way, and the pool and tennis court is right next door. Lovely furnishings convey minus some artwork and personal items. Push a button and roll down the custom hurricane shutters on the front windows. Custom manual shutters on the sides. Plenty of storage for bikes and beach toys. It's so easy to hop on the bike path that runs the whole length of Emerald Isle! Bonus, this condo has a garage! Ocean Reef is located in the highly rated Carteret County school system. It is an easy ride to shopping and entertainment. This is a highly desirable neighborhood! Don't wait to schedule your showing!

Last Agent to Sell the Property

Kathy Perry

Emerald Isle Realty License #223808 Listed on: 09/24/2020

Last Buyer's Agent

Heather Singleton

Emerald Isle Realty License #236652

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1994

Lot Details

  • 566

HOA Fees

  • $445 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Thermal Windows
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Laminate Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Deeded access to the beach
  • Ocean Side of Freeway
  • Covered patio or porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6314.14.43.7416000

Community Details

Overview

  • Master Insurance
  • Ocean Reef Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Hurricane or Storm Shutters
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,626

Year Built

Built in 1994

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Whirlpool, Furnished, Pantry, Ceiling Fan(s), Blinds/Shades
  • List Price per Sq Ft: 303.70
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1080.00
  • Total Heated Primary Separate Sq Ft: 1080.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane, Thermal Windows, Storm Doors, Shutters - Functional
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Assigned, Paved, On Site

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Taxes, Trash, Tennis Court(s), Security, Maint - Comm Areas, Master Insure, Management, Maint - Roads, Maint - Grounds, Community Pool, Gated, Flood Insurance
  • HOAAssociationFee1Year: 5340.00

Lot Info

  • Deed Page: 214.00
  • Lot Water Features: Deeded Beach Access, Water Access Comm, Second Row, Ocean Side
  • Plat Book: 10Q
  • Plat Page: 451
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6314.14.43.7416000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 688.38
  • Total Real Estate Property Taxes: 1626.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Burriss Stephen W and Burriss Mary K
Bought by
Hutchinson Jacob D and Hutchinson Lindsey M
Current Estimated Value
$633,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Outstanding Balance
$460,282
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$173,272

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 6, 2020
Sold by
White Rodney T and White Mary H
Bought by
Burriss Stephen W and Burriss Mary K
Seller's Agent
Kathy Perry
Emerald Isle Realty
Buyer's Agent
Heather Singleton
Emerald Isle Realty
List Price
$328,000
Sold Price
$328,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%
Original Mortgage
$246,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2018
Sold by
Zievis Brian A and Zievis Deborah L
Bought by
White Rodney T and White Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2002

Purchase Details

Closed on
Jul 26, 1999
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
Hutchinson Jacob D $592,500 None Listed On Document
Burriss Stephen W $328,000 None Available
White Rodney T $259,000 None Available
-- $162,000 --
-- $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Jacob D $474,000
Previous Owner Burriss Stephen W $246,000
Previous Owner White Rodney T $194,250
Previous Owner Zievis Brian A $114,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $328,000 0.0% $304 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $328,000 -- $304 / 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 $18 $279,600 $0 $279,600
2023 $1,722 $279,600 $0 $279,600
2022 $1,674 $279,600 $0 $279,600
2021 $1,636 $279,600 $0 $279,600
2020 $1,626 $279,600 $0 $279,600
2019 $784 $248,000 $0 $248,000
2017 $784 $248,000 $0 $248,000
2016 $784 $248,000 $0 $248,000
2015 $759 $248,000 $0 $248,000
2014 $924 $303,000 $0 $303,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100238277

Hive MLS

APN: 6314.14.43.7416000