NOT LISTED FOR SALE

3114 Ocean Dr Unit West Emerald Isle, NC 28594

Estimated Value: $879,922 - $1,084,000

3 Beds
2.5 Baths
2,100 Sq Ft
$464/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $725,000 $345 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,367/month

113 Days on Market

Highlights

  • Waterfront Community
  • Ocean View
  • In Ground Pool
  • White Oak Elementary School Rated A-
  • Water Access
  • Ocean Side of Freeway

About This Home

As of November 2022

Still searching for your happy place in this world? Well, you have found it, this property is appropriately named ''HAPPY PLACE WEST''. East & West sides are both listed for sale at $800k each or buy the full duplex for $1,600,000. An established rental history, in 2021 it earned over $50k gross rentals. Ocean and Sound views. This property is heavily rented during the summer season with a heated pool to extend the typical summer season well into the fall and spring- providing consistent income. Heated swimming pool located on the EAST side of the property and shared by both east and west sides. Renters share use of the pool with a hot tub on each side. Each side has an enclosed hot/cold outdoor shower plus another in the pool area. The ground-floor level has a game room with a TV, full size refrigerator and foosball table. Trex decking on the oceanside. New metal roof 2019. Plenty of room for everyone to feel at home, fully furnished, water softner, and covered porches to enjoy anytime of day plus lots of natural sunlight. Plenty of parking with addtional spots located near the street. Conveniently located near shopping and a watersports facility. Beach access is direcctly across the street. Beautiful area of the island. Think of all the wonderful possibilities and memories to be made.

Last Agent to Sell the Property

Heather Singleton

Emerald Isle Realty License #236652 Listed on: 06/22/2022

Emerald Isle Realty

Last Buyer's Agent

bebbie quinones

Coldwell Banker Sea Coast Adv EI License #245743

Coldwell Banker Sea Coast Adv EI

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 117x136x118x121
  • Vinyl Fence

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Partial Basement

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Gravel Driveway
  • Paved Parking
  • On-Site Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Water Softener
  • Municipal Trash
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 631413233067000

Community Details

Recreation

  • Waterfront Community

Additional Features

  • No Home Owners Association
  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,468

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2004
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Blinds/Shades, Solid Surface, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 380.95
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 2100.00
  • Total Heated Primary Separate Sq Ft: 2100.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Partial, Vinyl
  • Foundation: Pilings, Slab
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony, Porch, Covered, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: extra parking
  • Parking Driveway: Concrete, Gravel, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Water Softener, Washer, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Heat Pump, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump, Zoned
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Municipal Water Available, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Street Lights

Lot Info

  • Deed Page: 116.00
  • Lot Acres: 0.17
  • Lot Dimensions: 117X136X118X121
  • Lot Sq Ft: 7405.00
  • Lot Water Features: Ocean Side, Water Access Comm, Waterfront Comm, Second Row
  • Special Assessments: NKA
  • Zoning: RES
  • Lot View Type: Ocean View, Water View, Sound View

Rental Info

  • Rental Income Gross Rental Income: 50895.00
  • Annual Gross Rental Income Collected: 2021

Tax Info

  • Tax Identifier: 631413233067000
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2468.29

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Nov 3, 2022
Sold by
Fetter Thomas S and Fetter Susan W
Bought by
Bailey Dwayne and Dubois Mary
Seller's Agent
Heather Singleton
Emerald Isle Realty
Buyer's Agent
bebbie quinones
Coldwell Banker Sea Coast Adv EI
List Price
$800,000
Sold Price
$725,000
Premium/Discount to List
-$75,000
-9.38%
Views
73
Current Estimated Value
$974,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,481
Avg. Annual Appreciation
10.54%
Original Mortgage
$543,750
Outstanding Balance
$519,939
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$454,542

Purchase Details

Closed on
Jul 19, 2013
Sold by
Fetter Thomas W and Fetter Susan W
Bought by
Fetter Thomas S and Fetter Susan W

Purchase Details

Closed on
Oct 29, 2009
Sold by
Amtrust Bank
Bought by
Fetter Thomas S and Fetter Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2008
Sold by
Odum Ernest C and Odum Donna B
Bought by
Amtrust Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bailey Dwayne $725,000 --
Bailey Dwayne $725,000 None Listed On Document
Fetter Thomas S -- None Available
Fetter Thomas S $330,000 None Available
Amtrust Bank $558,188 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Dwayne $543,750
Closed Bailey Dwayne $543,750
Previous Owner Fetter Thomas S $231,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2022 11/16/22 Sold $725,000 -9.4% $345 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $800,000 -- $381 / 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 $3,197 $837,592 $300,000 $537,592
2024 $2,666 $449,194 $178,054 $271,140
2023 $2,578 $449,194 $178,054 $271,140
2022 $2,514 $449,194 $178,054 $271,140
2021 $2,514 $449,194 $178,054 $271,140
2020 $2,449 $449,194 $178,054 $271,140
2019 $877 $278,000 $0 $278,000
2017 $877 $278,000 $0 $278,000
2016 $877 $278,000 $0 $278,000
2015 $849 $278,000 $0 $278,000
2014 -- $455,100 $0 $455,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100334990

Hive MLS

APN: 6314.13.23.3067000