NOT LISTED FOR SALE

324 Cape Lookout Loop Emerald Isle, NC 28594

Estimated Value: $824,203 - $1,069,000

0.29 Acre
$3,182,934 Price per Acre
12,632 Sq Ft Lot

Last Sold December 23, 2020

Last sale price $105,000

Est. 779% increase in value since last sale

Current estimated payment $4,981/month

4 Days on Market

Highlights

  • Water Access
  • Home fronts a sound
  • Clubhouse
  • White Oak Elementary School Rated A-
  • Gated Community
  • Wetlands on Lot

About This Lot

As of December 2020

Looking to build in the heart of Emerald Isle? Look no further... you an build in this highly sought after gated sound front neighborhood of Cape Emerald which offers an indoor pool with economical solar water heating, clubhouse, tennis courts, community pier where you can fish, kayak or paddle board. The lot itself backs up to Emerald Woods Town Park and green space and is a short distance from the beach, walking path, restaurants and highly rated schools. The convenient location on Coast Guard Road allows for easy on and off the island, which is especially useful throughout peak season! Beach access is within close proximity through the Ocean Oaks community and offers golf cart parking at the access. Can't beat the price for this island lifestyle! You can either add a septic or tap into the neighborhood sewer system to allow more build-able space.

Last Agent to Sell the Property

Amy Berger

Advantage Coastal Properties License #276532 Listed on: 12/08/2020

Last Buyer's Agent

Margaret Nelson

Advantage Coastal Properties License #239790

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 78x160x78x160
  • Home fronts a sound
  • Property fronts a private road
  • Wooded Lot
  • Marsh on Lot

HOA Fees

  • $80 Monthly HOA Fees

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Septic Permit Issued

Listing and Financial Details

  • Assessor Parcel Number 5383.09.06.3892000

Community Details

Overview

  • Ccmc HOA, Phone Number (252) 354-6333
  • Cape Emerald Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Indoor Pool
  • Water Access
  • Wetlands on Lot

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$21

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 78

Utilities

  • Fuel Tank: None
  • Utilities: Community Sewer Available, Municipal Water, See Remarks, Septic Permit on file

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Gated Community, Pool - Indoor, Street Lights
  • Annual HOA: 960.00
  • HOA Company: CCMC
  • HOA Phone: (252) 354-6333

Lot Info

  • Deed Book: 831
  • Deed Page: 670.00
  • Lot Description: Wetlands, Wooded
  • Lot Dimensions: 78X160X78X160
  • Lot Sq Ft: 12458.00
  • Lot Water Features: Sound Side, Water Access Comm, Waterfront Comm
  • Zoning: R
  • Acres: 0.29
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 362068.97
  • Soil Evaluation Other: expired septic
  • Topography: Marsh/Wetland

Tax Info

  • Tax Identifier: 5383.09.06.3892000
  • Tax Year: 2019
  • Deferred Taxes: No

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
P & P Land Development Inc
Bought by
Sibrizzi Jack and Ortiz Graciela
Current Estimated Value
$923,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,500
Outstanding Balance
$387,743
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$564,271

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 17, 2020
Sold by
Zucker Bernard S and Zucker Emilie R
Bought by
P & P Land Development Inc
Seller's Agent
Amy Berger
Advantage Coastal Properties
Buyer's Agent
Margaret Nelson
Advantage Coastal Properties
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.40%
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
Sibrizzi Jack $663,000 Parker Julie A
P & P Land Development Inc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibrizzi Jack $405,500
Previous Owner P & P Land Development Inc $433,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $105,000 0.0% --
12/12/2020 12/12/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $105,000 -- --
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 $21 $334,216 $98,155 $236,061
2023 $1,998 $334,216 $98,155 $236,061
2022 $754 $152,280 $98,155 $54,125
2021 $476 $98,155 $98,155 $0
2020 $476 $98,155 $98,155 $0
2019 $221 $71,323 $71,323 $0
2017 $221 $71,323 $71,323 $0
2016 $221 $71,323 $71,323 $0
2015 $214 $71,323 $71,323 $0
2014 $584 $194,828 $194,828 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100248539

Hive MLS

APN: 5383.09.06.3892000