NOT LISTED FOR SALE

2702 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $1,370,856 - $1,828,000

3 Beds
3 Baths
3,064 Sq Ft
$534/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $810,000 $264 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,839/month

48 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Deck
  • White Oak Elementary School Rated A-
  • Home fronts a sound
  • Main Floor Primary Bedroom

About This Home

As of August 2019

A Water Lovers Paradise! This gorgeous sound front home with breathtaking sunsets and beautiful views of the sound, ocean & public access across the street.Magnificant decks on both sides of the home. This home boasts a beautiful yard with 2 bulk heads, a well for watering the lawn. Bedrooms have sweeping views of the water with entry to the deck. Yard is equipped with sprinklers. The dock was actually designed to be able to be removed during storm season, and the home is equipped with hurricane shutters. This home has so much potential! Seller is aware that carpet/flooring needs to be replaced and will work with the buyer. This home is perfect for enjoying the sound, the beach, just relaxing with the beautiful views. It could also be a fantastic rental opportunity!

Last Agent to Sell the Property

Rita Suggs

Boardwalk Properties Listed on: 05/21/2019

Last Buyer's Agent

Rita Suggs

Topsail Palms Properties LLC License #281705

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 68.56' x 91.5'
  • Home fronts a sound
  • Irrigation

Property Views

  • Water Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Attic Access Panel
  • Dishwasher
  • Washer

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Lighted Parking

Outdoor Features

  • Outdoor Shower
  • Bulkhead
  • Deck
  • Covered Patio or Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 6314.14.33.9941000

Community Details

Overview

  • No Home Owners Association
  • Ocean Reef Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Built-In Microwave, Washer, Refrigerator, Electric Oven, Electric Cooktop, Dishwasher
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central Air
  • Deed Page: 751.00
  • Directions To Property: Emerald Dr to the 2700 Block, on left across from public beach access
  • Document Count: 3
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings, Slab
  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks
  • Listing I D: 100166671
  • List Priceper Sq Ft: 277.42
  • Location Type: Island
  • Lot Acres: 0.54
  • Lot Dimensions: 68.56' x 91.5'
  • Lot Number: 38
  • Lot Sq Ft: 23305.00
  • Lot Water Features: Boat Dock, Bulkhead
  • Marketing City: Emerald Isle
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch, Patio, Deck
  • Prospect Exempt: Yes
  • Road Type Frontage: Private Road
  • Bonus Room Level: First
  • Office Level: First
  • Other Level: First
  • Sunroom Level: Second
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: Yes
  • Sq Ft Heated: 3064.00
  • State Province: NC
  • Stipulation Of Sale: Standard
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Ocean Reef
  • Tax Identifier: 6314.14.33.9941000
  • Tax Year: 2018
  • Terms: Cash, VA Loan, FHA, Conventional
  • Total Heated Primary Separate Sq Ft: 3064.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1993
  • Zoning: R
  • Road Frontage Type: Sound Front
  • Lot View Type: Sound View, Water
  • Home Warranty Termite: Termite Bond
  • Home Warranty Termite Company: All American
  • Home Warranty Termite Company Phone: 2527268899
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, Tile
  • Interior Amenities: Blinds/Shades, Walk-In Closet(s)
  • Laundry Location: In Kitchen, Laundry Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom1 Level: Second
  • Bedroom2 Level: Second
  • Dining Room Level: Second
  • Kitchen Level: Second
  • Living Room Level: Second
  • Primary Bedroom Level: Second

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors, Shutters - Functional, Shutters - Board/Hurricane, Outdoor Shower
  • Exterior Finish: See Remarks
  • Exterior Structures: Shower
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Lighted, On Site

Utilities

  • Heated Sq Ft: 3000 - 3499
  • Heating System: Heat Pump
  • Utilities: Water Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 15, 2019
Sold by
Goodman Jesse L
Bought by
Whitehead Michael F and Whitehead Susan R
Seller's Agent
Rita Suggs
Boardwalk Properties
Buyer's Agent
Rita Suggs
Topsail Palms Properties LLC
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%
Current Estimated Value
$1,635,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$825,214
Avg. Annual Appreciation
11.54%
Original Mortgage
$643,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
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
Whitehead Michael F $810,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Whitehead Michael F $643,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2019 08/15/19 Sold $810,000 -4.7% $264 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $850,000 -- $277 / 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 $4,479 $1,226,034 $514,340 $711,694
2024 $3,692 $652,293 $324,380 $327,913
2023 $3,594 $650,354 $324,380 $325,974
2022 $3,509 $650,354 $324,380 $325,974
2021 $3,434 $650,354 $324,380 $325,974
2020 $3,424 $650,354 $324,380 $325,974
2019 $1,942 $621,739 $273,406 $348,333
2017 $1,942 $621,739 $273,406 $348,333
2016 $1,942 $621,739 $273,406 $348,333
2015 $1,886 $621,739 $273,406 $348,333
2014 $2,317 $758,967 $393,978 $364,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100166671

Hive MLS

APN: 6314.14.33.9941000