NOT LISTED FOR SALE

2509 Ocean Dr Unit A1 Emerald Isle, NC 28594

Estimated Value: $579,000 - $646,000

2 Beds
2 Baths
1,080 Sq Ft
$507/mo HOA Fee

Last Sold March 02, 2021

Last sale price $412,000 $381 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,896/month

2 Days on Market

Highlights

  • Ocean Front
  • Ocean Side of Freeway
  • Deck
  • White Oak Elementary School Rated A-
  • Gated Community
  • Whirlpool Bathtub

About This Home

As of March 2021

Beautiful ocean front condo in Ocean Reef. Can't beat the views!! Most of this condo has been tastefully remodeled. There is also the benefit of a garage. The common area downstairs is shared with the unit above and has a 1/2 bath for convenience. There is also a large storage room large enough for bikes and beach toys for each unit. New HVAC July 2020. Ocean Reef has a community pool and tennis.

Last Agent to Sell the Property

Kathy Perry

Emerald Isle Realty License #223808 Listed on: 01/10/2021

Emerald Isle Realty

Last Buyer's Agent

Heather Singleton

Emerald Isle Realty License #236652

Emerald Isle Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,034

Year Built

  • Built in 1991

Lot Details

  • 523

HOA Fees

  • $507 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Pest Guard System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Open Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener
  • On Site Septic
  • Septic Tank

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 631414437207000

Community Details

Overview

  • Ocean Reef Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,034

Year Built

Built in 1991

Lot Details

0

HOA Fees

$507 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: 1991
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: LVT/LVP
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Whirlpool, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 381.48
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1080.00
  • Total Heated Primary Separate Sq Ft: 1080.00

Exterior Features

  • Exterior Features: Outdoor Shower, Shutters - Functional
  • Exterior Finish: Stucco, Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Maintained, Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Water Softener, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Utilities: Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Taxes, Tennis Court(s), Community Pool, Pest Control, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Gated, Flood Insurance
  • HOAAssociationFee1Year: 6084.00

Lot Info

  • Deed Page: 200.00
  • Lot Water Features: Ocean Side
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 631414437207000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 655.20
  • Total Real Estate Property Taxes: 2034.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2021
Closed on
Feb 5, 2021
Sold by
Wynne Walter James and Wynne Mary Mcdaniel
Bought by
Simmons David W and Kubicek Heather Lynn
Seller's Agent
Kathy Perry
Emerald Isle Realty
Buyer's Agent
Heather Singleton
Emerald Isle Realty
List Price
$412,000
Sold Price
$412,000
Current Estimated Value
$609,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,274
Avg. Annual Appreciation
8.47%
Original Mortgage
$298,125
Outstanding Balance
$266,640
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$342,634

Purchase Details

Closed on
Aug 19, 2015
Sold by
Webster Stephen D and Webster Sandra C
Bought by
Wynne Walter James and Wynne Mary Mcdaniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2000

Purchase Details

Closed on
Jan 28, 1992
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
Simmons David W $412,000 None Available
Wynne Walter James $288,000 Attorney
-- $181,000 --
-- $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons David W $298,125
Previous Owner Wynne Walter James $230,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $412,000 0.0% $381 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $412,000 -- $381 / 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 $2,257 $518,065 $0 $518,065
2024 $2,229 $336,000 $0 $336,000
2023 $2,141 $336,000 $0 $336,000
2022 $2,088 $336,000 $0 $336,000
2021 $2,044 $336,000 $0 $336,000
2020 $2,034 $336,000 $0 $336,000
2019 $891 $282,500 $0 $282,500
2017 $891 $282,500 $0 $282,500
2016 $891 $282,500 $0 $282,500
2015 $863 $282,500 $0 $282,500
2014 $1,020 $335,000 $0 $335,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100251632

Hive MLS

APN: 6314.14.43.7207000