NOT LISTED FOR SALE

508 Emerald Dr Emerald Isle, NC 28594

Estimated Value: $1,074,000 - $1,273,000

3 Beds
3 Baths
1,800 Sq Ft
$656/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $450,000 $250 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $6,444/month

189 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • Home fronts a sound
  • White Oak Elementary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of June 2016

Vintage soundfront Emerald Isle beach cottage with vaulted ceiling and wood beams in great room. Nice lot with pier that has covered area for your boat. Sandy beach. House is extra clean and is in very good condition. Remodel or build new. Separate 1st floor living area. Great location.

Last Agent to Sell the Property

Gregory Searcy

Shorewood Real Estate Listed on: 11/10/2015

Last Buyer's Agent

Greg Searcy

Emerald Isle Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1969

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 50 x 253
  • Home fronts a sound

Parking

  • Dirt Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Carpet
  • Water Views
  • Storm Doors

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Boat Slip
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 632411555927000

Community Details

Overview

  • No Home Owners Association
  • Emerald Isle By The Sea Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Dryer
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 901.00
  • Directions To Property: Emerald Dr to 508 Emerald Dr. on soundside.
  • Document Count: 3
  • Fencing: None
  • Fireplace: None
  • Foundation: Pilings
  • Fuel Tank: None
  • H O A: No
  • Listing I D: 11505350
  • List Priceper Sq Ft: 255.00
  • Location Type: Island
  • Lot Acres: 0.29
  • Lot Dimensions: 50 x 253
  • Lot Sq Ft: 12632.40
  • Lot Water Features: Boat Dock, Water Depth 4+, Deeded Waterfront, Sound Side, Boat Slip
  • Marketing City: Emerald Isle
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Deck
  • Prospect Exempt: No
  • Road Type Frontage: Maintained
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Bogue Banks Water Corp
  • Sign On Property: Yes
  • Sq Ft Heated: 1800.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Emerald Isle By The Sea
  • Tax Identifier: 632411555927000
  • Tax Year: 2015
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 1072.00
  • Total Real Estate Property Taxes: 500.00
  • Total Heated Primary Separate Sq Ft: 1800.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 1969
  • Zoning: r
  • Road Frontage Type: Sound Front
  • Lot View Type: Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet
  • Interior Amenities: Ceiling - Vaulted
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Parking Driveway: Dirt

Utilities

  • Heated Sq Ft: 1800 - 1999
  • Heating System: Heat Pump
  • Utilities: Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Jun 8, 2016
Sold by
Smith Robert Alford and Smith Dorothy C
Bought by
Harris James B and Harris Susan S
Seller's Agent
Gregory Searcy
Shorewood Real Estate
Buyer's Agent
Greg Searcy
Emerald Isle Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$1,181,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$731,596
Avg. Annual Appreciation
10.59%
Original Mortgage
$405,000
Outstanding Balance
$35,770
Interest Rate
3.66%
Mortgage Type
Seller Take Back
Estimated Equity
$1,145,826
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 Buyer Sale Price Title Company
Harris James B $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris James B $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2016 06/08/16 Sold $450,000 -2.0% $250 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $459,000 -- $255 / 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 $3,915 $1,055,056 $563,525 $491,531
2024 $2,421 $400,574 $247,275 $153,299
2023 $2,333 $400,574 $247,275 $153,299
2022 $2,273 $400,574 $247,275 $153,299
2021 $0 $392,991 $247,275 $145,716
2020 $2,176 $392,991 $247,275 $145,716
2019 $1,159 $368,948 $208,417 $160,531
2017 $1,123 $357,457 $208,417 $149,040
2016 $1,123 $357,457 $208,417 $149,040
2015 $1,109 $357,457 $208,417 $149,040
2014 $1,388 $456,877 $300,272 $156,605
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gregory Searcy

    Shorewood Real Estate

  • G

    Buyer's Agent in 2016

    Greg Searcy

    Emerald Isle Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 11505350

Hive MLS

APN: 6324.11.55.5927000

North Carolina Carteret County Emerald Isle 28594

508 Emerald Dr, Emerald Isle, NC

Not Listed for Sale

Detached

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