NOT LISTED FOR SALE

311 Cape Fear Loop Emerald Isle, NC 28594

Estimated Value: $663,000

0.3 Acre
$2,210,000 Price per Acre
13,068 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $73,000

Est. 808% increase in value since last sale

Current estimated payment $3,774/month

61 Days on Market

Highlights

  • Home fronts a sound
  • Clubhouse
  • Community Pool
  • White Oak Elementary School Rated A-
  • Wooded Lot
  • 5-minute walk to Ocean Oaks Park

About This Lot

As of February 2015

GREAT BUILDING LOT IN CAPE EMERALD IN EMERALD ISLE GATED COMMUNITY AMENITIES INCLUDE CLUB HOUSE,TENNIS COURT SWIMMING POOLEASY ACCESS TO SHOPPING AND BEACHESTHREE BEDROOM SEPTIC PERMIT

Last Agent to Sell the Property

Jarvis Cox

RE/MAX Ocean Properties License #36281 Listed on: 11/28/2014

RE/MAX Ocean Properties

Last Buyer's Agent

Brenda Benson

Emerald Isle Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $597

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 77 x 175 x 77 x 175
  • Home fronts a sound
  • Level Lot
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $80 Monthly HOA Fees

Schools

  • Broad Creek Middle School

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 537312965502000

Community Details

Overview

  • Cape Emerald Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$597

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No

Utilities

  • Utilities: Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Pool
  • Annual HOA: 960.00

Lot Info

  • Deed Book: 1461
  • Deed Page: 240.00
  • Lot Description: Partially Cleared, Wooded
  • Lot Dimensions: 77 X 175 X 77 X 175
  • Lot Number: 13
  • Lot Sq Ft: 13068.00
  • Lot Water Features: Sound Side
  • Acres: 0.30
  • Wooded Acres: 0.30
  • Current Use: Residential
  • List Price per Acre: 286333.33
  • Topography: Level, Wooded
  • Lot Number2: 13

Tax Info

  • Tax Identifier: 537312965502000
  • Tax Year: 2014
  • Total Real Estate Property Taxes: 596.65

MLS Schools

  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2014
Closed on
Feb 27, 2015
Sold by
Bakalar Robert P and Bakalar Cathy O
Bought by
Franklin Thomas and Franklin Virginia
Seller's Agent
Jarvis Cox
RE/MAX Ocean Properties
Buyer's Agent
Brenda Benson
Emerald Isle Realty
List Price
$85,900
Sold Price
$73,000
Premium/Discount to List
-$12,900
-15.02%
Current Estimated Value
$663,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,000
Avg. Annual Appreciation
23.91%

Purchase Details

Listed on
Sep 17, 2012
Closed on
Sep 13, 2013
Sold by
Pnc Bank National Association
Bought by
Bakalar Robert P and Bakalar Cathy O
Seller's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
Buyer's Agent
Marcia Jordan
Bluewater Real Estate - EI
List Price
$155,000
Sold Price
$68,000
Premium/Discount to List
-$87,000
-56.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$33,000
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 22, 2011
Sold by
Scott Jeffrey B and Scott Jenny N
Bought by
Rbc Bank Usa

Purchase Details

Closed on
Sep 1, 2005
Sold by
Creel Kevin and Creel Stacey
Bought by
Scott Jeffrey B and Scott Jenny N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 14, 2004

Purchase Details

Closed on
Oct 12, 2001
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
Franklin Thomas $73,000 Attorney
Bakalar Robert P $68,000 None Available
Rbc Bank Usa $114,400 None Available
Scott Jeffrey B $199,000 None Available
-- $70,000 --
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakalar Robert P $33,000
Previous Owner Scott Jeffrey B $183,000
Previous Owner Scott Jeffrey B $179,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $73,000 -15.0% --
01/28/2015 01/28/15 Pending -- -- --
11/28/2014 11/28/14 For Sale $85,900 +26.3% --
09/27/2013 09/27/13 Sold $68,000 -56.1% --
08/30/2013 08/30/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $155,000 -- --
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 $10 $200,230 $200,230 $0
2023 $1,011 $200,230 $200,230 $0
2022 $991 $200,230 $200,230 $0
2021 $971 $200,230 $200,230 $0
2020 $971 $200,230 $200,230 $0
2019 $226 $72,811 $72,811 $0
2017 $226 $72,811 $72,811 $0
2016 $226 $72,811 $72,811 $0
2015 $218 $72,811 $72,811 $0
2014 $597 $198,883 $198,883 $0
Source: Public Records

Agents Affiliated with this Home

  • Jarvis Cox

    Seller's Agent in 2015

    Jarvis Cox

    RE/MAX

    (252) 241-9090

    1 in this area

    69 Total Sales

    Jarvis Cox
    Section Image

  • B

    Buyer's Agent in 2015

    Brenda Benson

    Emerald Isle Realty

  • M

    Buyer's Agent in 2013

    Marcia Jordan

    Bluewater Real Estate - EI

See All Agents

Map

Source: Hive MLS

MLS Number: 11405482

Hive MLS

APN: 5373.12.96.5502000

North Carolina Carteret County Emerald Isle 28594

311 Cape Fear Loop, Emerald Isle, NC

This home is located at 311 Cape Fear Loop, Emerald Isle, NC 28594 since 28 November 2014 and is currently estimated at $663,000. 311 Cape Fear Loop is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

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