$460,000
SOLD OCT 16, 2025

408 Lee Ave Emerald Isle, NC 28594

3 Beds
2 Baths
1,283 Sq Ft
0.29 Acres

Recently Sold

$359 Per Sq Ft

19% Below List Price

175 Days on Market

Highlights

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

About This Home

As of October 2025

New LVP in all bedrooms! Situated in the heart of Emerald Isle, just a short bike or golf cart ride to the ocean, sound, and all the town's top attractions, this 3-bedroom, 2-bath home offers the perfect blend of coastal living and serene privacy. Perched on a high lot with no flood insurance required, this soundside retreat is surrounded by lush trees and bamboo, creating a peaceful oasis in the sought-after Archers Creek neighborhood.Beyond its welcoming community--with some of the friendliest neighbors in town--you'll also share the area with local deer, egrets, and majestic blue herons. Enjoy the sights and sounds of nature from the screened-in porch or take in the fresh island breeze from the two levels of spacious decks.Whether you're searching for the perfect island starter home or a prime investment opportunity, 408 Lee Avenue is ready to welcome you. Don't miss your chance to own a slice of paradise--schedule your showing today!

Last Agent to Sell the Property

Heidi Barlow

Emerald Isle Realty License #318894 Listed on: 03/27/2025

Emerald Isle Realty

Last Buyer's Agent

Sara Bryant

Turn-Key Realty License #338082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1984

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x170
  • Home fronts a sound
  • Interior Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,283 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • White Oak Elementary School
  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Archers Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 539418317124000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1984

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: 2.0
  • Stories Levels: 3 Story or More
  • Year Built: 1984
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Master Downstairs
  • Laundry Location: In Hall
  • List Price per Sq Ft: 388.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1283.00
  • Total Heated Primary Separate Sq Ft: 1283.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Screened
  • Road Type Frontage: Maintained
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: None

Utilities

  • Appliances Equipment: Built-In Microwave, Refrigerator, Electric Oven, Dishwasher
  • Cooling System: Heat Pump
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Utilities: Water Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 138.00
  • Lot Acres: 0.29
  • Lot Description: Interior Lot
  • Lot Dimensions: 75X170
  • Lot Sq Ft: 12632.00
  • Lot Water Features: Sound Side
  • Zoning: R

Tax Info

  • Tax Identifier: 539418317124000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1431.17

MLS Schools

  • Elementary School: White Oak Elementary
  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Sep 30, 2025
Sold by
Ferricher Michelle R
Bought by
Lewis Joseph Blake and Lewis Hailey Denison
Seller's Agent
Heidi Barlow
Emerald Isle Realty
Buyer's Agent
Sara Bryant
Turn-Key Realty
List Price
$569,500
Sold Price
$460,000
Premium/Discount to List
-$109,500
-19.23%
Views
350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.59%
Original Mortgage
$460,000
Outstanding Balance
$460,000
Interest Rate
6.5%
Mortgage Type
VA
Estimated Equity
$19,622

Purchase Details

Closed on
Mar 27, 2024
Sold by
Ferricher Luke Casimir
Bought by
Ferricher Michelle R

Purchase Details

Listed on
Feb 21, 2019
Closed on
May 21, 2019
Sold by
Mcclanahan Joshua M and Mcclanahan Erin R
Bought by
Ferricher Luke Casimir and Ferricher Michelle R
Seller's Agent
C. Peele
Angelfish Properties, Inc
Buyer's Agent
Heidi Lanier
Bluewater Real Estate - EI
List Price
$269,900
Sold Price
$264,900
Premium/Discount to List
-$5,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$264,900
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Nov 6, 2017
Closed on
Jan 10, 2018
Sold by
Jones Bobby J and Jones Anna D
Bought by
Mcclanahan Joshua M and Mcclanahan Erin R
Seller's Agent
Haley Rice
CENTURY 21 Coastland Realty
Buyer's Agent
C. Peele
Angelfish Properties, Inc
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$225,834
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2009
Sold by
Thomas Benny Ray
Bought by
Jones Bobby J and Jones Anna D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $460,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $265,000 None Available
Warranty Deed $230,000 None Available
Warranty Deed $273,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 VA
Previous Owner $264,900 VA
Previous Owner $225,834 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2025 10/16/25 Sold $460,000 -7.7% $359 / Sq Ft
09/18/2025 09/18/25 Pending -- -- --
09/04/2025 09/04/25 Price Changed $498,400 -7.7% $388 / Sq Ft
08/30/2025 08/30/25 Price Changed $539,900 -5.2% $421 / Sq Ft
08/27/2025 08/27/25 For Sale $569,500 0.0% $444 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
06/01/2025 06/01/25 Price Changed $569,500 -1.7% $444 / Sq Ft
04/28/2025 04/28/25 Price Changed $579,500 -3.2% $452 / Sq Ft
03/27/2025 03/27/25 For Sale $598,630 +126.0% $467 / Sq Ft
05/30/2019 05/30/19 Sold $264,900 -1.9% $189 / Sq Ft View Prior Sale
03/30/2019 03/30/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $269,900 +17.3% $193 / Sq Ft
01/16/2018 01/16/18 Sold $230,000 -7.6% $164 / Sq Ft View Prior Sale
12/02/2017 12/02/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $249,000 -- $178 / 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 $1,993 $472,661 $214,638 $258,023
2024 $1,814 $280,429 $160,245 $120,184
2023 $1,726 $280,429 $160,245 $120,184
2022 $1,678 $280,429 $160,245 $120,184
2021 $1,640 $280,429 $160,245 $120,184
2020 $1,630 $280,429 $160,245 $120,184
2019 $659 $207,595 $73,445 $134,150
2017 $659 $207,595 $73,445 $134,150
2016 $659 $207,595 $73,445 $134,150
2015 $638 $207,595 $73,445 $134,150
2014 -- $250,342 $114,210 $136,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100497014

Hive MLS

APN: 5394.18.31.7124000