NOT LISTED FOR SALE

2517 Ocean Dr Unit A2 Emerald Isle, NC 28594

Estimated Value: $567,000 - $635,000

2 Beds
2 Baths
1,080 Sq Ft
$441/mo HOA Fee

Last Sold March 06, 2020

Last sale price $360,000 $333 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,765/month

7 Days on Market

Highlights

  • Ocean Side of Freeway
  • Gated Community
  • Deck
  • White Oak Elementary School Rated A-
  • Waterfront
  • 1 Fireplace

About This Home

As of March 2020

Ocean front condo on the top floor and just remodeled. This 2 bedroom, 2 bath condo is just waiting for a new owner to add their finishing touches. New floors, paint and custom kitchen with granite counter tops and new appliances. The condo has a garage (shared with A1) and lots of storage. The walkway goes directly to the beach. This is a perfect place to live and play. It also would make a great rental. One of the few condos with your own parking spaces. The Ocean Reef complex offers a pool. tennis courts and a gated entry. The ocean side deck was replaced 3 years ago and the street side deck will be replaced.

Last Agent to Sell the Property

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 02/18/2020

Emerald Isle Realty

Last Buyer's Agent

Camille Gardner

Bluewater Real Estate - EI License #296242

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1992

Lot Details

  • 915

HOA Fees

  • $441 Monthly HOA Fees

Property Views

  • Water Views
  • Views of a Sound

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Outdoor Features

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

Utilities

  • Heat Pump System
  • Co-Op Water

Additional Features

  • Waterfront
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 6314.14.43.3179000

Community Details

Overview

  • Master Insurance
  • Ocean Reef Subdivision
  • Maintained Community

Recreation

  • Tennis Courts

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,682

Year Built

Built in 1992

Lot Details

0

HOA Fees

$441 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: 1992
  • Road Frontage Type: Oceanfront
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished
  • List Price per Sq Ft: 351.85
  • 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
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings, Slab
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Maintained, Private Road
  • Roof: Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

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

Utilities

  • Cooling System: Central Air
  • Heating System: Heat Pump

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Street Lights, Water, Tennis Court(s), Taxes, Roof Maintenance, Pest Control, Master Insure, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Gated
  • HOAAssociationFee1Year: 5292.00

Lot Info

  • Deed Page: 373.00
  • Lot Water Features: Ocean Side
  • Zoning: Condo
  • Lot View Type: Ocean, Water, Sound View

Tax Info

  • Tax Identifier: 6314.14.43.3179000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 790.88
  • Total Real Estate Property Taxes: 1681.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Feb 27, 2020
Sold by
Ruffolo Donald Edward and Ruffolo Nicola Marie
Bought by
Wilkins Ii Cleveland Carlisle and Wilkins Laura Lewis
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Camille Gardner
Bluewater Real Estate - EI
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%
Current Estimated Value
$596,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,642
Avg. Annual Appreciation
9.17%

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 18, 2017
Sold by
Ross Robert Alexander and Ross Donna Cooper
Bought by
Ruffolo Donald Edward and Ruffolo Nicola Marie
Seller's Agent
Marian Goetzinger
Pine Knoll Shores Realty
Buyer's Agent
Margaret Nelson
Advantage Coastal Properties
List Price
$300,000
Sold Price
$288,000
Premium/Discount to List
-$12,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Nov 1, 2010
Sold by
Hauser Michael C and Hauser Sharon
Bought by
Ross Robert Alexander and Ross Donna Cooper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,150
Interest Rate
4.37%
Mortgage Type
New Conventional
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
Wilkins Ii Cleveland Carlisle $360,000 None Available
Ruffolo Donald Edward $288,000 None Available
Ross Robert Alexander $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ross Robert Alexander $164,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $360,000 -5.3% $333 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $380,000 +31.9% $352 / Sq Ft
01/27/2017 01/27/17 Sold $288,000 -4.0% $268 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $300,000 -- $279 / 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 $2,264 $520,270 $0 $520,270
2024 $2,229 $336,000 $0 $336,000
2023 $2,141 $336,000 $0 $336,000
2022 $2,088 $238,000 $0 $238,000
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 $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: 100205348

Hive MLS

APN: 6314.14.43.3179000