NOT LISTED FOR SALE

2511 Ocean Dr Unit B1 Emerald Isle, NC 28594

Estimated Value: $579,257 - $656,000

2 Beds
2 Baths
942 Sq Ft
$423/mo HOA Fee

Last Sold January 10, 2020

Last sale price $312,000 $331 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,837/month

3 Days on Market

Highlights

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

About This Home

As of January 2020

2511 Ocean Drive 6B1 ~ Ocean Reef 6B1 Direct Oceanfront Condominium in Ocean Reef! The condominium features: 2 bedrooms, 2 bathrooms, fully furnished and many upgrades including: kitchen cabinets, counter tops, sink, wood flooring, fresh paint and much more! See attached list. Not currently a rental but would make a great second home, permanent residence or vacation rental. Ocean Reef neighborhood amenities include a security gate access, outdoor swimming pool, cabana, basketball court and shuffleboard. Start enjoying the island life with this move in ready condominium!

Last Agent to Sell the Property

Donna Byrd

Emerald Isle Realty License #179993 Listed on: 11/21/2019

Last Buyer's Agent

Emma Singleton

Emerald Isle Realty License #180070

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1992

Lot Details

  • Ocean Front
  • Property fronts a private road

HOA Fees

  • $423 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 942 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Ocean Side of Freeway
  • Deck

Location

  • Flood Insurance May Be Required

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6314.14.43.5275000

Community Details

Overview

  • Ocean Reef Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Gated Community
  • Security Lighting

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,682

Year Built

Built in 1992

Lot Details

0

HOA Fees

$423 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: 1st Floor Unit, 2nd Floor Unit
  • Year Built: 1992
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 336.52
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 942.00
  • Total Heated Primary Separate Sq Ft: 942.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Stucco, Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Cooktop - Electric, Washer, Water Softener, Refrigerator, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Taxes, Maint - Comm Areas, Pest Control, Maintenance Structure, Flood Insurance, Gated
  • HOAAssociationFee1Year: 5076.00

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 280.00
  • Lot Water Features: Ocean Side
  • Plat Book: 10N
  • Plat Page: 103
  • Zoning: residential
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 6314.14.43.5275000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 1682.00

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 10, 2020
Sold by
Flaherty Robert John and Flaherty Carol Ann
Bought by
Geibel Conrad J and Geibel Kristine K
Seller's Agent
Donna Byrd
Emerald Isle Realty
Buyer's Agent
Emma Singleton
Emerald Isle Realty
List Price
$317,000
Sold Price
$312,000
Premium/Discount to List
-$5,000
-1.58%
Current Estimated Value
$612,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,564
Avg. Annual Appreciation
13.27%

Purchase Details

Closed on
Feb 28, 2013
Sold by
Dicapua Jeanne M and Market Jeanne M
Bought by
Flaherty Robert John and Flaherty Carol Ann

Purchase Details

Closed on
Aug 13, 2003
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
Geibel Conrad J $312,000 None Available
Flaherty Robert John $290,000 None Available
-- $262,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geibel Conrad J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $312,000 -1.6% $331 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $317,000 -- $337 / 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 $22 $336,000 $0 $336,000
2023 $2,141 $336,000 $0 $336,000
2022 $2,088 $336,000 $0 $336,000
2021 $0 $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 -- $335,000 $0 $335,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100194077

Hive MLS

APN: 6314.14.43.5275000