NOT LISTED FOR SALE

2514 Ocean Dr Unit B1 Emerald Isle, NC 28594

Estimated Value: $567,000 - $636,000

2 Beds
2 Baths
1,080 Sq Ft
$427/mo HOA Fee

Last Sold August 04, 2020

Last sale price $306,900 $284 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,742/month

301 Days on Market

Highlights

  • Ocean View
  • Deck
  • Furnished
  • White Oak Elementary School Rated A-
  • 1 Fireplace
  • Community Pool

About This Home

As of August 2020

Take a look! New - New - New. A condo with an enclosed garage? Yes, here it is. Renovated ocean view condo in popular Ocean Reef complex. Recent improvements include new LVP flooring throughout including baths, new kitchen cabinets, new granite tops in kitchen, wet bar & baths, new kitchen appliances, new light fixtures & ceiling fans, new garage door & new furniture! Ground level has one car garage, private owner storage, 1/2 BA and outside shower. Impressive rental income to boot. Oceanfront complex includes a gated entry, private beach walkway with gazebo sitting area, pool, basketball & tennis courts. All you have to do is pack a bag. Come enjoy! *Seller will be participating in a 1031 tax exchange to find a suitable replacement property.

Last Agent to Sell the Property

Syndie Earnhardt

Bluewater Real Estate - EI License #174192 Listed on: 08/31/2019

Last Buyer's Agent

Judy Baran

Baran Properties License #275363

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1996

Lot Details

  • 566

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean Views
  • Views of a Sound

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
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Termite Clearance

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • On Site Septic
  • Septic Tank

Additional Features

  • Deck
  • Property fronts a private road

Listing and Financial Details

  • Assessor Parcel Number 631414433440000

Community Details

Overview

  • Ocean Reef Subdivision
  • Maintained Community

Recreation

  • Community Basketball Court
  • Community Pool

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,525

Year Built

Built in 1996

Lot Details

0

HOA Fees

$427 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: 2nd Floor Unit, One
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: See Remarks
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Walk-in Shower, Ceiling Fan(s)
  • Laundry Location: Hall
  • List Price per Sq Ft: 296.20
  • 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: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Private
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Washer, Refrigerator, 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 EMC
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Termite Bond, Water, Community Pool, Management, Maint - Roads, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 5124.00

Lot Info

  • Deed Page: 287.00
  • Zoning: Residential
  • Lot View Type: Ocean View, Sound View

Tax Info

  • Tax Identifier: 631414433440000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 1525.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Jul 14, 2020
Sold by
White Brinson C and White Donna M
Bought by
Osullivan Martin and Osullivan Lori
Seller's Agent
Syndie Earnhardt
Bluewater Real Estate - EI
Buyer's Agent
Judy Baran
Baran Properties
List Price
$319,900
Sold Price
$306,900
Premium/Discount to List
-$13,000
-4.06%
Current Estimated Value
$595,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,575
Avg. Annual Appreciation
13.09%
Original Mortgage
$230,175
Outstanding Balance
$203,721
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$391,754

Purchase Details

Closed on
Mar 3, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Osullivan Martin $307,000 None Available
-- $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osullivan Martin $230,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2020 08/04/20 Sold $306,900 -4.1% $284 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
08/31/2019 08/31/19 For Sale $319,900 -- $296 / 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 $2,236 $546,485 $0 $546,485
2024 $1,816 $280,800 $0 $280,800
2023 $1,728 $280,800 $0 $280,800
2022 $1,680 $280,800 $0 $280,800
2021 $1,642 $280,800 $0 $280,800
2020 $1,632 $280,800 $0 $280,800
2019 $861 $273,000 $0 $273,000
2017 $861 $273,000 $0 $273,000
2016 $861 $273,000 $0 $273,000
2015 $834 $273,000 $0 $273,000
2014 $1,017 $334,000 $0 $334,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100182796

Hive MLS

APN: 6314.14.43.3440000