NOT LISTED FOR SALE

3004 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $1,853,000 - $2,357,000

4 Beds
6 Baths
4,100 Sq Ft
$503/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $900,000 $220 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $11,319/month

422 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Boat Slip
  • White Oak Elementary School Rated A-
  • Home fronts a sound
  • In Ground Pool

About This Home

As of September 2016

Custom Built Sound Front with great rental history. Not only fantastic sunset views over the sound, but you also have great ocean views and just a short walk to the beach. This property is decorated and furnished with flair, granite, stainless appliances, pool, 2 indoor rec areas, lot of windows and more! Boat Dock and pier, swimming pool, elevator. Great rental history!

Last Agent to Sell the Property

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 03/27/2015

Emerald Isle Realty

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,472

Year Built

  • Built in 2005

Lot Details

  • 0.59 Acre Lot
  • Home fronts a sound
  • Fenced Yard

Property Views

  • Ocean
  • Views of a Sound
  • Intracoastal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Boat Slip
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 6314.14.23.9803000

Community Details

Overview

  • No Home Owners Association
  • North Beach Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,472

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2005
  • Road Frontage Type: Sound Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: Ceiling Fan(s), Elevator, Furnished
  • List Price per Sq Ft: 237.80
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedrooms: 4
  • Sq Ft Heated: 4100.00
  • Total Heated Primary Separate Sq Ft: 4100.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Composition
  • Fencing: Back Yard, None
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Covered, Patio, Deck
  • Road Type Frontage: Maintained
  • Roof: Metal
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 70.00
  • Lot Acres: 0.59
  • Lot Dimensions: Irr x 448 x 87 x Irr
  • Lot Number: 3
  • Lot Sq Ft: 25831.00
  • Lot Water Features: Boat Dock, Sound Side, Boat Slip
  • Zoning: Residential
  • Lot View Type: ICW View, Water View, Sound View, Ocean View

Rental Info

  • Rental Income Gross Rental Income: 52275.00

Tax Info

  • Tax Identifier: 6314.14.23.9803000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1668.59
  • Total Real Estate Property Taxes: 4471.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2015
Closed on
Sep 15, 2016
Sold by
Vernon Street Llc and Pelley Courtney G
Bought by
Sandy Beaches Llc
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%
Current Estimated Value
$2,062,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,242
Avg. Annual Appreciation
9.52%
Original Mortgage
$630,000
Outstanding Balance
$503,220
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,559,022

Purchase Details

Closed on
Jun 19, 2012
Sold by
Pelley Herbert and Pelley Courtney
Bought by
Vernon Street Llc

Purchase Details

Closed on
Jul 30, 2009
Sold by
Hemmerlein Bonnie
Bought by
Pelley Herbert and Pelley Courtney G

Purchase Details

Closed on
Nov 20, 2006
Sold by
Pelley Herbert W and Pelley Courtney G
Bought by
Pelley Courtney G and The Courtney G Pelley Revocable Trust

Purchase Details

Closed on
Jan 19, 2005
Sold by
Rbf Associates Llc
Bought by
Hemmerlein Arthur H and Hemmerlein Bonnie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sandy Beaches Llc $900,000 Attorney
Vernon Street Llc -- None Available
Pelley Herbert -- None Available
Pelley Courtney G -- None Available
Pelley Herbert W -- None Available
Hemmerlein Arthur H $399,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandy Beaches Llc $630,000
Previous Owner Hemmerlein Arthur H $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $900,000 -7.7% $220 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
03/27/2015 03/27/15 For Sale $975,000 -- $238 / 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 $5,656 $1,582,797 $485,775 $1,097,022
2024 $5,331 $976,852 $354,641 $622,211
2023 $5,243 $976,852 $354,641 $622,211
2022 $5,125 $976,852 $354,641 $622,211
2021 $2,509 $976,852 $354,641 $622,211
2020 $5,008 $976,852 $354,641 $622,211
2019 $2,896 $929,416 $298,911 $630,505
2017 $2,896 $929,416 $298,911 $630,505
2016 $2,896 $929,416 $298,911 $630,505
2015 $2,803 $929,416 $298,911 $630,505
2014 -- $1,158,269 $430,503 $727,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11501476

Hive MLS

APN: 6314.14.23.9803000