NOT LISTED FOR SALE

402 Channel Dr Emerald Isle, NC 28594

Estimated Value: $769,000 - $901,000

4 Beds
3.5 Baths
3,184 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $367,000 $115 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,833/month

219 Days on Market

Highlights

  • Water Views
  • Home fronts a sound
  • Main Floor Primary Bedroom
  • White Oak Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of February 2020

Emerald Isle NC Water View Property at the Point of Emerald Isle!Island Home located on the Sound Side, with serene water views of the coast guard channel and Bogue Sound. Located on Channel Dr. it has 3 generously sized bedrooms on the main living level, 2 with water views, large living area, also with water views. An interior stairwell leads to the recently remodeled 1 bedroom plus bonus apartment on the lower level, which also has water views! This property has a garage, 2 laundry areas, one to support each level, and nicely sized rooms, plus a fenced back yard, and covered and open decks with water views. Ready for a new owner to upgrade and make their own. Loads of potential! Easy walk to the beach and to the Point of Emerald Isle. A fantastic price for the square footage! Come take a look!

Last Agent to Sell the Property

Margaret Nelson

Advantage Coastal Properties License #239790 Listed on: 05/04/2019

Last Buyer's Agent

bebbie quinones

Coldwell Banker Sea Coast Adv EI License #245743

Coldwell Banker Sea Coast Adv EI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 104x140x90x144
  • Home fronts a sound
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned R2

Property Views

  • Water Views
  • Views of a Sound

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 3,184 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 537314331227000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,282

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Laminate, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: Blinds/Shades, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Closet, Room
  • List Price per Sq Ft: 125.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 11
  • Sq Ft Heated: 3184.00
  • Total Heated Primary Separate Sq Ft: 3184.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Block, Vinyl Siding
  • Exterior Structures: Shower
  • Fencing: Back Yard, Chain Link
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Open, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 196.00
  • Lot Acres: 0.33
  • Lot Dimensions: 104x140x90x144
  • Lot Sq Ft: 14462.00
  • Lot Water Features: Second Row, Sound Side
  • Plat Book: 3
  • Plat Page: 34
  • Zoning: R2
  • Lot View Type: Sound View, Water View

Tax Info

  • Tax Identifier: 537314331227000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 907.56
  • Total Real Estate Property Taxes: 2281.69

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Feb 18, 2020
Sold by
Hubscher Terry L
Bought by
Griffin Timothy and Griffin Melissa Brooks
Seller's Agent
Margaret Nelson
Advantage Coastal Properties
Buyer's Agent
bebbie quinones
Coldwell Banker Sea Coast Adv EI
List Price
$449,000
Sold Price
$367,000
Premium/Discount to List
-$82,000
-18.26%
Current Estimated Value
$845,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,828
Avg. Annual Appreciation
15.99%
Original Mortgage
$311,950
Outstanding Balance
$276,210
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$569,618
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
Griffin Timothy $367,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Timothy $311,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $367,000 -18.3% $115 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $449,000 -- $141 / 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 $4,182 $1,136,173 $553,313 $582,860
2024 $2,021 $321,452 $112,700 $208,752
2023 $1,933 $321,452 $112,700 $208,752
2022 $1,881 $321,452 $112,700 $208,752
2021 $1,839 $321,452 $112,700 $208,752
2020 $1,829 $321,452 $112,700 $208,752
2019 $1,374 $438,428 $207,270 $231,158
2017 $1,374 $438,428 $207,270 $231,158
2016 $1,374 $438,428 $207,270 $231,158
2015 $1,286 $423,692 $207,270 $216,422
2014 $1,766 $583,792 $339,815 $243,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100163817

Hive MLS

APN: 5373.14.33.1227000